Cost of living comparison
Suwon is 7.8% cheaper than Reykjavik.
- Restaurants
-
pay 67.8% less in Suwon
- Groceries
-
pay 0.6% less in Suwon
- Transportation
-
pay 49.2% less in Suwon
- Housing
-
pay 45.0% less in Suwon
- Childcare
-
pay 3.1 times more in Suwon
- Entertainment and Sports
-
pay 50.2% less in Suwon
- Clothing
-
pay 53.7% less in Suwon
Expenses including restaurants, clothing, entertainment and sports, transportation, housing, and groceries are lower in Suwon. Notably, childcare is significantly more expensive in Suwon.
If you lived in Suwon instead of Reykjavik, you would:
pay 67.8% less for restaurants
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,493
|
$5.73
₩7,825
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,246
|
$5.01
₩6,847
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK393
|
$1.38
₩1,891
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK272
|
$0.62
₩848
|
|
pay 0.6% less for groceries
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK450
|
$2.14
₩2,928
|
|
| Local cheese (8 oz) |
$7.76
ISK967
|
$4.89
₩6,684
|
|
| Milk (1 gallon) |
$6.40
ISK798
|
$7.21
₩9,849
|
|
|
Eggs
1 dozen
|
$5.76
ISK718
|
$2.36
₩3,226
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,178
|
$3.57
₩4,881
|
|
| Apples (1 lb) |
$1.40
ISK175
|
$2.49
₩3,400
|
|
| Bananas (1 lb) |
$1.01
ISK126
|
$1.16
₩1,582
|
|
| Oranges (1 lb) |
$1.22
ISK152
|
$2.01
₩2,748
|
|
| Tomatoes (1 lb) |
$2.22
ISK277
|
$1.54
₩2,108
|
|
| Potatoes (1 lb) |
$1.43
ISK179
|
$2.36
₩3,217
|
|
| Onions (1 lb) |
$0.93
ISK116
|
$0.83
₩1,131
|
|
pay 49.2% less for transportation
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,060
|
$4.41
₩6,019
|
|
| Monthly public transit pass |
$74.95
ISK9,343
|
$41.18
₩56,244
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,291,449
|
$27,023.07
₩36,906,983
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK2,998
|
$7.86
₩10,740
|
|
pay 45.0% less for housing
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,709
|
$16.11
₩22,009
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK245,706
|
$429.72
₩586,896
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK224,799
|
$286.48
₩391,264
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,725
|
$85.90
₩117,312
|
|
pay 3.1 times more for childcare
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,429
|
$143.24
₩195,632
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK747,151
|
$34,019.66
₩46,462,636
|
|
pay 50.2% less for entertainment and sports
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,348
|
$3.04
₩4,157
|
|
| Cappuccino in mid-range area |
$5.31
ISK661
|
$3.34
₩4,565
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,526
|
$3.22
₩4,402
|
|
| Monthly membership at local gym |
$69.95
ISK8,719
|
$44.64
₩60,972
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,842
|
$10.03
₩13,694
|
|
pay 53.7% less for clothing
|
Reykjavik
|
Suwon
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,583
|
$43.93
₩59,994
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,198
|
$39.15
₩53,473
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,929
|
$79.86
₩109,065
|
|
| Men's business shoes (leather) |
$194.16
ISK24,202
|
$26.64
₩36,388
|
|
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