Cost of living comparison
Incheon is 3.0% cheaper than South Korea overall.
- Groceries
-
pay 1.1% less in Incheon
- Transportation
-
pay 15.9% less in Incheon
- Housing
-
pay 15.6% more in Incheon
- Childcare
-
pay 6.6% less in Incheon
- Entertainment and Sports
-
pay 2.6% less in Incheon
- Clothing
-
pay 7.4% less in Incheon
Expenses including transportation, clothing, childcare, entertainment and sports, groceries, and restaurants are lower in Incheon.
If you lived in Incheon instead of South Korea, you would:
pay (unknown) more for restaurants
|
South Korea
|
Incheon
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.16
₩8,412
|
$6.45
₩8,803
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,155
|
$5.91
₩8,070
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,010
|
$1.32
₩1,810
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,081
|
$0.73
₩998
|
pay 1.1% less for groceries
|
South Korea
|
Incheon
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,202
|
$3.10
₩4,239
|
|
| Local cheese (8 oz) |
$5.40
₩7,381
|
$6.52
₩8,911
|
|
| Milk (1 gallon) |
$7.46
₩10,186
|
$7.86
₩10,738
|
|
|
Eggs
1 dozen
|
$2.76
₩3,766
|
$3.06
₩4,177
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,535
|
$3.57
₩4,880
|
|
| Apples (1 lb) |
$3.17
₩4,326
|
$3.30
₩4,504
|
|
| Bananas (1 lb) |
$1.49
₩2,033
|
$1.41
₩1,923
|
|
| Oranges (1 lb) |
$2.53
₩3,457
|
$2.49
₩3,402
|
|
| Tomatoes (1 lb) |
$2.41
₩3,297
|
$2.68
₩3,667
|
|
| Potatoes (1 lb) |
$1.82
₩2,492
|
$1.35
₩1,849
|
|
| Onions (1 lb) |
$1.21
₩1,652
|
$0.73
₩998
|
|
pay 15.9% less for transportation
|
South Korea
|
Incheon
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩5,999
|
$4.41
₩6,019
|
|
| Monthly public transit pass |
$45.32
₩61,890
|
$25.03
₩34,191
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩36,906,200
|
$27,023.07
₩36,906,200
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,160
|
$7.91
₩10,799
|
|
pay 15.6% more for housing
|
South Korea
|
Incheon
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩24,111
|
$22.27
₩30,420
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩583,073
|
$489.41
₩668,396
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩448,524
|
$334.23
₩456,465
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩152,173
|
$133.35
₩182,124
|
|
pay 6.6% less for childcare
|
South Korea
|
Incheon
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩509,964
|
$276.93
₩378,214
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩31,285,553
|
$25,783.32
₩35,213,040
|
|
pay 2.6% less for entertainment and sports
|
South Korea
|
Incheon
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,226
|
$2.86
₩3,913
|
|
| Cappuccino in mid-range area |
$3.39
₩4,629
|
$3.46
₩4,728
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,389
|
$3.22
₩4,402
|
|
| Monthly membership at local gym |
$45.71
₩62,429
|
$39.21
₩53,553
|
|
| Movie ticket to theater/cinema |
$10.10
₩13,792
|
$10.74
₩14,672
|
|
pay 7.4% less for clothing
|
South Korea
|
Incheon
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩82,906
|
$58.49
₩79,881
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩60,806
|
$37.24
₩50,863
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩99,688
|
$60.88
₩83,142
|
|
| Men's business shoes (leather) |
$93.73
₩128,010
|
$100.27
₩136,940
|
|
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