Cost of living in Pohang is 15% lower than in Incheon (without rent).
Rent in Pohang is 8% more expensive than in Incheon.
Cost of living including rent in Pohang is 6% lower than in Incheon.
Food in Pohang is 17% cheaper than in Incheon.
Transport in Pohang is 26% cheaper than in Incheon.
| Pohang | Incheon | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Pohang | Incheon | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
5.67 $ | 6.88 $ |
| Dinner, for 2 | 17.6 $ | 37.8 $ |
| Fast food, McDonalds or KFC | 6.06 $ | 6.06 $ |
| Beer, 0.5 L or 16 fl oz | 2.85 $ | 3.03 $ |
| Capuccino | 3.44 $ | 3.53 $ |
| Coke, 330ml | 1.4 $ | 1.43 $ |
Markets |
Milk, 1 L or 1 qt | 1.99 $ | 2.27 $ |
| Bread, 0.5 kg or 1 lb | 2.36 $ | 3.02 $ |
| Rice, 1 kg or 2 lb | 2.35 $ | 2.83 $ |
| Eggs, 12 pack | 2.66 $ | 3.36 $ |
| Cheese, 1 kg or 2 lb | 10.4 $ | 12.9 $ |
| Chicken Breast, 1 kg or 2 lb | 6.83 $ | 8.28 $ |
| Round Steak, 1 kg or 2 lb | 18.1 $ | 18.3 $ |
| Apples, 1 kg or 2 lb | 4.97 $ | 7.79 $ |
| Banana, 1 kg or 2 lb | 4.98 $ | 3.75 $ |
| Oranges, 1 kg or 2 lb | 5.81 $ | 5.84 $ |
| Potatoes, 1 kg or 2 lb | 4.99 $ | 2.83 $ |
| Onions, 1 kg or 2 lb | 2.8 $ | 1.71 $ |
| Water, 1 L or 1 qt | 0.98 $ | 0.9 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.13 $ | 4.54 $ |
| Wine, 750 mL bottle | 6.68 $ | 17.2 $ |
| Beer, 0.5 L or 16 fl oz | 1.51 $ | 2.32 $ |
| Cigarette pack | 3.43 $ | 3.42 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.08 $ | 1.05 $ |
| Monthly pass, Monthly Ticket | 45.7 $ | 25.1 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.23 $ | 1.24 $ |
| Taxi, 8 km | 9.4 $ | 8.29 $ |
Personal Care |
||
| Doctor visit, private clinic | 38.1 $ | 19 $ |
| Cold medicine, for 1 week | 5.21 $ | 4.31 $ |
| Hair shampoo, 400 ml or 12 oz | 5.84 $ | 6.62 $ |
| Toilet paper, 4 rolls | 2.04 $ | 3.23 $ |
| Toothpaste, 1 tube | 1.79 $ | 2.07 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
61.7 $ | 114 $ |
| Utility bill - family, electricity, heating, water & garbage |
95.1 $ | 177 $ |
| Internet plan, +60 Mbps |
17.2 $ | 23.1 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 398 $ | 256 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 453 $ | 920 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 237 $ | 355 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,910 $ | 1,331 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 6,636 $ | 8,666 $ |
| Price per Square Meter to Buy House, in suburbs | 3,019 $ | 6,871 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 2,179 $ | 2,744 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 3.79 % | 3.77 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 30.2 $ | 34.8 $ |
| Cinema, 1 seat | 11.4 $ | 11.4 $ |
| Haircut | 8.2 $ | 7.69 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 69.6 $ | 74.3 $ |
| Brand Jeans, Levis 501 | 54.3 $ | 62.4 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 296 $ | 295 $ |
| International Primary School, yearly for 1 child | 22,028 $ | 27,144 $ |