Cost of living in Incheon is 17% lower than in Seoul (without rent).
Rent in Incheon is 39% cheaper than in Seoul.
Cost of living including rent in Incheon is 27% lower than in Seoul.
Food in Incheon is 11% cheaper than in Seoul.
Transport in Incheon is 36% cheaper than in Seoul.
| Incheon | Seoul | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Incheon | Seoul | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
6.88 $ | 7.68 $ |
| Dinner, for 2 | 37.8 $ | 40.5 $ |
| Fast food, McDonalds or KFC | 6.06 $ | 5.99 $ |
| Beer, 0.5 L or 16 fl oz | 3.03 $ | 3.79 $ |
| Capuccino | 3.53 $ | 3.91 $ |
| Coke, 330ml | 1.43 $ | 1.63 $ |
Markets |
Milk, 1 L or 1 qt | 2.27 $ | 2.29 $ |
| Bread, 0.5 kg or 1 lb | 3.02 $ | 3.23 $ |
| Rice, 1 kg or 2 lb | 2.83 $ | 3.3 $ |
| Eggs, 12 pack | 3.36 $ | 3.68 $ |
| Cheese, 1 kg or 2 lb | 12.9 $ | 13.3 $ |
| Chicken Breast, 1 kg or 2 lb | 8.28 $ | 9.23 $ |
| Round Steak, 1 kg or 2 lb | 18.3 $ | 38.3 $ |
| Apples, 1 kg or 2 lb | 7.79 $ | 7.91 $ |
| Banana, 1 kg or 2 lb | 3.75 $ | 3.75 $ |
| Oranges, 1 kg or 2 lb | 5.84 $ | 5.86 $ |
| Potatoes, 1 kg or 2 lb | 2.83 $ | 4.03 $ |
| Onions, 1 kg or 2 lb | 1.71 $ | 3.25 $ |
| Water, 1 L or 1 qt | 0.9 $ | 0.9 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 4.54 $ | 2.43 $ |
| Wine, 750 mL bottle | 17.2 $ | 22.4 $ |
| Beer, 0.5 L or 16 fl oz | 2.32 $ | 2.76 $ |
| Cigarette pack | 3.42 $ | 3.42 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.05 $ | 1.14 $ |
| Monthly pass, Monthly Ticket | 25.1 $ | 47.5 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.24 $ | 1.27 $ |
| Taxi, 8 km | 8.29 $ | 9.05 $ |
Personal Care |
||
| Doctor visit, private clinic | 19 $ | 25.1 $ |
| Cold medicine, for 1 week | 4.31 $ | 5.05 $ |
| Hair shampoo, 400 ml or 12 oz | 6.62 $ | 5.98 $ |
| Toilet paper, 4 rolls | 3.23 $ | 2.35 $ |
| Toothpaste, 1 tube | 2.07 $ | 3.13 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
114 $ | 120 $ |
| Utility bill - family, electricity, heating, water & garbage |
177 $ | 184 $ |
| Internet plan, +60 Mbps |
23.1 $ | 23.4 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 256 $ | 460 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 920 $ | 1,348 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 355 $ | 827 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,331 $ | 2,513 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 8,666 $ | 21,201 $ |
| Price per Square Meter to Buy House, in suburbs | 6,871 $ | 11,781 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 2,744 $ | 2,981 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 3.77 % | 5.14 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 34.8 $ | 54.1 $ |
| Cinema, 1 seat | 11.4 $ | 11.5 $ |
| Haircut | 7.69 $ | 10.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 74.3 $ | 91 $ |
| Brand Jeans, Levis 501 | 62.4 $ | 62.6 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 295 $ | 410 $ |
| International Primary School, yearly for 1 child | 27,144 $ | 21,834 $ |