CostTrek

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Lugano vs Seoul

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Lugano, CH vs Seoul, KR at a glance — Seoul, KR is 43% cheaper than Lugano, CH overall. Median 1-bed rent runs about $900/mo versus $1,800/mo. Top income tax: 45% vs 40%.

$/ year

To keep the same standard of living in Seoul, KR, you'd need

$42,803 / year

Seoul, KR is 43% cheaper overall

Category breakdown (Seoul, KR vs Lugano, CH)

  • Housing-44%
  • Food & groceries-43%
  • Transport-52%
  • Utilities-34%
  • Healthcare-54%
  • Goods & services-39%

◎ How Lugano, CH and Seoul, KR compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Lugano, CHSeoul, KR

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Lugano, CHSeoul, KR
Cost of living
Overall cost index14784
Housing16090
Food15085
Transport11555
Utilities12280
Healthcare14065
Goods & services15595
Housing
Rent, 1-bed centre$1,800/mo$900/mo
Rent, 1-bed outside—$650/mo
Rent, 3-bed centre—$1,900/mo
Buy price / m² centre—$12,000
Money & purchasing power
$1,000 goes as far as$679$1,189
Inexpensive meal—$8
Monthly transit pass—$45
Taxes
Income tax (top rate)40%45%
VAT / sales tax8.1%10%
Corporate tax15%24%
Capital gains0%—
Economy & salaries
Avg net salary$6,000/mo$2,500/mo
Avg annual wage (OECD, PPP)—$61,259✓
Minimum wage—$1,500/mo
GDP per capita$114,769✓$35,563✓
Inflation (annual)0.2%✓2.3%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiency—Moderate
Coworking spaces—40
Time zone—UTC+9
Quality of life
Quality of life (overall)—73
Safety index—78
Healthcare index—82
Pollution index—55
Internet speed—220 Mbps
Walkability—75
Public transport—92
Family-friendly—68
Tap water—Safe to drink
Life expectancy84 yr✓84 yr✓
LGBTQ+ acceptanceHighLow
Climate
January avg—-2 °C
July avg—+25 °C
Sunny days / year—200
Rainfall / year—1,400 mm
Connectivity
Flight to nearest hub—2 h

Taxes & Economy & salaries: Switzerland vs South Korea. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (OECD (PPP), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Lugano vs Seoul — in your currency

LuganoSeoul
1-bed rent, city centre$1,800$900
1-bed rent, outside centre$1,350$650

Converted from USD at approximate rates (2026-09).

Good to know before you move to Lugano

Currency
Swiss franc (Fr. CHF)
Languages
German, French, Italian
Power
J · 230V
Driving
Right-hand side

Good to know before you move to Seoul

A hyper-modern megacity with the world's best transit and internet, K-culture everywhere and remarkable safety. The costs are Western-tier, the work culture intense and the jeonse deposits huge — but a new workation visa is opening the door to nomads.

Currency
South Korean won (₩ KRW)
Languages
Korean
Time zone
UTC+9
Internet
220 Mbps
English
Fairly common
Safety
78/100
Climate
❄ -2°C · ☀ 25°C · 200 sunny days/yr
Tap water
Safe to drink
Power
C/F · 220V
Driving
Right-hand side
Popular areas
Gangnam · Itaewon · Hongdae · Seongsu

? Frequently asked questions

Moving from Lugano to Seoul: cheaper or more expensive?

Moving from Lugano to Seoul, your cost of living will be roughly 43% cheaper. Seoul’s cost-of-living index is 84 versus 147 for Lugano (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Lugano cheaper than Seoul?

Seoul is about 43% cheaper than Lugano overall — its cost-of-living index is 84 versus 147 for Lugano.

Which is more expensive, Lugano or Seoul?

Lugano is more expensive than Seoul. Its cost-of-living index is 147 vs 84 (US = 100) — about 75% higher.

Is rent cheaper in Lugano or Seoul?

Rent is cheaper in Seoul — about $900/month for a one-bedroom in the city centre, vs $1,800 in Lugano.

How much do you need to earn in Seoul to live like in Lugano?

To keep the same standard of living, a $75,000 salary in Lugano is worth about $42,803 in Seoul. Enter your own figure in the calculator above.

Which has lower taxes, Lugano or Seoul?

Switzerland has the lower top income-tax rate — 40% versus 45% in South Korea.

◷ More comparisons from Lugano

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.