Incheon vs Tenerife - Cost of Living Comparison

Updated: March 02, 2025

	Incheon	Tenerife
🚶 Cost of living one person	$1092	$1612
👨‍👩‍👧‍👦 Cost of living Family	$2890	$3415
🏠 One person rent	$493	$980
🏘️ Family rent	$1030	$1469
🍽️ Food expenses	$420	$389
🚐 Transport expenses	$95	$122
💳 Monthly salary after tax	$2433	$1337
😷 Air quality	Moderate	Good
✈️ Airport proximity	16 km	25 km
🎓 Higher education	91	18
😀 Quality of life	94	60
🏙️ Population	2.94M	932K

The cost of living in Incheon is 32% less expensive than in Tenerife. Cities ranked 4880th and 3004th ($1092 vs $1612) in the list of the most expensive cities in the world and ranked 17th and 9th in South Korea and Spain, respectively. Check South Korea vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 2.2 months in Incheon compared to 0.8 months in Tenerife. Incheon ranked 2nd best city to live in South Korea vs Tenerife ranked 84th in Spain, while ranked 45th and 5171st among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Incheon vs Tenerife infographic

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<img src="https://livingcost.org/assets/photo/cost/incheon/tenerife.jpg" alt="Cost of living in Incheon vs Tenerife infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/incheon/tenerife" target="_blank">Incheon vs Tenerife - Cost of Living Comparison</a></p>

Prices in Incheon vs Tenerife

Prices for goods and services in Incheon and Tenerife are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Incheon	Tenerife
Eating Out
🍱 Lunch Menu	$6.25	$11.2
🥂 Dinner in a Restaurant, for 2	$34.8	$49.8
🥪 Fast food meal, equiv. McDonald's	$5.53	$8.73
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.78	$2.77
☕ Cappuccino	$3.35	$1.86
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.25	$1.74
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$595	$911
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$331	$898
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1305	$1580
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$761	$1309
🔌 Utility Bill one person, electricity, heating, water, etc.	$92.7	$51.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$143	$77.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$16.6	$28.3
🏦 Mortgage Interest Rate for 20 Years	4.13%	3.45%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6378	$3352
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6335	$2496
Transportation
🚌 Local transport ticket	$0.99	$1.51
🎟️ Monthly ticket local transport	$25	$36.8
🚕 Taxi Ride, 8 km or 5 mi	$7.89	$18.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.15	$1.47
Groceries
🥛 Milk, 1 L or 1 qt	$2.08	$1.1
🍞 Bread, 0.5 kg or 1.1 lb	$2.88	$1.68
🍚 Rice, 1 kg or 2.2 lb	$2.82	$1.73
🥚 Eggs, x12	$3	$3.02
🧀 Cheese, 1 kg or 2.2 lb	$13	$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.39	$8.64
🥩 Round Steak, 1 kg or 2.2 lb	$12.9	$13
🍏 Apples, 1 kg or 2.2 lb	$7.16	$1.8
🍌 Banana, 1 kg or 2.2 lb	$2.82	$1.94
🍊 Oranges, 1 kg or 2.2 lb	$5.37	$1.49
🍅 Tomato, 1 kg or 2.2 lb	$6.06	$2.34
🥔 Potato, 1 kg or 2.2 lb	$3.25	$2.55
🧅 Onion, 1 kg or 2.2 lb	$1.86	$2.28
🌊 Water, 1 L or 1 qt	$0.65	$0.51
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.02	$2
🍾 Wine (mid-priced), 750 mL bottle	$15.8	$4.27
🍺 Beer, 0.5 L or 16 fl oz	$1.85	$1.18
🚬 Cigarette pack	$3.18	$4.25
💊 Cold medicince, 1 week	$4	$8.78
🧴 Hair Shampoo	$6.04	$2.78
🧻 Toilet paper, 4 rolls	$2.94	$1.73
👄 Toothpaste, 1 tube	$1.97	$1.94
Other
🏋️ Gym Membership, 1 month	$31	$45.7
🎫 Cinema Ticket, 1 person	$10.3	$8.49
👩‍⚕️ Doctor's visit	$27.8	$67.6
💇 Haircut, simple	$7.01	$11.4
👖 Brand Jeans	$57.7	$82.7
👟 Brand Sneakers	$63	$84
👶 Daycare or Preschool, 1 month	$255	$454
🏫 International Primary School, 1 year	$18156	$6114

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Incheon

Distance	City	Cost of living
12 km or 7.8 mi	Bucheon	$1163
19 km or 12 mi	Gimpo	$1099
19 km or 12 mi	Gwangmyeong	$1089
22 km or 14 mi	Ansan	$1070
26 km or 16 mi	Anyang	$1022
27 km or 17 mi	Goyang	$1171
28 km or 18 mi	Gunpo	$1098
30 km or 19 mi	Gwacheon	$1070
31 km or 19 mi	Hwaseong	$1089
31 km or 19 mi	Uiwang	$1063
34 km or 21 mi	Seoul	$1334
38 km or 23 mi	Suwon	$1022
42 km or 26 mi	Siheung	$1283
43 km or 27 mi	Seongnam	$1400
44 km or 27 mi	Paju	$1075
46 km or 29 mi	Guri	$1122
47 km or 29 mi	Uijeongbu	$955
50 km or 31 mi	Yangju	$974
51 km or 31 mi	Hanam	$1161
51 km or 32 mi	Osan	$1042
53 km or 33 mi	Namyangju	$1129
54 km or 34 mi	Gwangju	$1165
55 km or 34 mi	Yongin	$1127
57 km or 35 mi	Kaesong	$1565
62 km or 38 mi	Dongducheon	$1055
63 km or 39 mi	Dangjin	$1033
65 km or 40 mi	Pyeongtaek	$984
68 km or 42 mi	Pocheon	$1040
73 km or 45 mi	Icheon	$1020
75 km or 47 mi	Anseong	$1026
78 km or 48 mi	Seosan	$1036
86 km or 53 mi	Cheonan	$1151
89 km or 56 mi	Yeoju	$1026
104 km or 64 mi	Haeju	$1550
106 km or 66 mi	Chuncheon	$865
113 km or 70 mi	Wonju	$1074
118 km or 74 mi	Cheongju	$936
120 km or 74 mi	Gongju	$1038
122 km or 76 mi	Sejong	$1019
126 km or 78 mi	Boryeong	$1063

Cities near Tenerife

Distance	City	Cost of living
14 km or 8.7 mi	La Orotava	$1558
17 km or 11 mi	Puerto de la Cruz	$1665
37 km or 23 mi	San Cristobal de La Laguna	$1361
41 km or 26 mi	Santa Cruz de Tenerife	$1371
112 km or 69 mi	Santa Lucia de Tirajana	$1287
116 km or 72 mi	Las Palmas	$1268
269 km or 167 mi	Puerto del Rosario	$1196
272 km or 169 mi	Corralejo	$1500
308 km or 191 mi	Arrecife	$1214
358 km or 222 mi	Laayoune	$559
487 km or 302 mi	Canico	$1338
488 km or 303 mi	Funchal	$1375
488 km or 303 mi	Camara de Lobos	$1337
490 km or 305 mi	Santa Cruz	$1338
495 km or 307 mi	Machico	$1334
715 km or 444 mi	Taghazout	$535
721 km or 448 mi	Agadir	$540
726 km or 451 mi	Ait Melloul	$562
751 km or 467 mi	Essaouira	$640
837 km or 520 mi	Safi	$489
911 km or 566 mi	Marrakesh	$687
951 km or 591 mi	El Jadida	$502
1041 km or 647 mi	Casablanca	$850
1061 km or 659 mi	Khouribga	$435
1065 km or 662 mi	Mohammedia	$652
1082 km or 672 mi	Beni Mellal	$448
1116 km or 694 mi	Temara	$619
1128 km or 701 mi	Rabat	$705
1131 km or 703 mi	Sale	$536
1135 km or 705 mi	Nouakchott	$675
1161 km or 721 mi	Kenitra	$558
1223 km or 760 mi	Meknes	$486
1230 km or 764 mi	Lagos	$1598
1241 km or 771 mi	Portimao	$1248
1245 km or 774 mi	Lagoa	$1330
1251 km or 777 mi	Silves	$1368
1253 km or 779 mi	Albufeira	$1950
1266 km or 787 mi	Faro	$1263
1271 km or 790 mi	Loule	$1415
1272 km or 791 mi	Olhao	$1291