Cost of living
Gyeongsangbuk-do compared to Gwangju (Korea, South)
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Overview comparison
Gyeongsangbuk-doGwangju (Korea, South)
Consumer prices in Gwangju (Korea, South) are roughly 17% higher than in Gyeongsangbuk-do.
Cost of living
| Item | Gyeongsangbuk-do | Gwangju (Korea, South) |
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| Total with rent one person | 971 | 1,167 |
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| Total with rent family | 2,360 | 2,462 |
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| Without rent one person | 704 | 608 |
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| Without rent one family | 1,805 | 1,839 |
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| Rent & Utilities person | 403.91 | 395.92 |
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| Rent & Utilities family | 751.78 | 1,012.6 |
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| Food person | 408 | 436 |
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| Food family | 1,187 | 1,347 |
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| Transport person | 109.74 | 58.73 |
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| Transport family | 306.75 | 163.12 |
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| Life expectancy | 73.85 years | 72.69 years |
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Eating Out
| Item | Gyeongsangbuk-do | Gwangju (Korea, South) |
|---|
| Lunch Menu | 6.86 | 7.99 |
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| Dinner in a Restaurant, for 2 | 21.83 | 33.6 |
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| Fast food meal, equiv. McDonald's | 4.82 | 6.76 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.45 | 2.99 |
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| Cappuccino | 4.06 | 3.84 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.2 | 1.31 |
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Rent & Utilities
| Item | Gyeongsangbuk-do | Gwangju (Korea, South) |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,022.52 | 440.71 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 223.58 | 377.51 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,620.88 | 810.67 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 280.17 | 849.54 |
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| Utility Bill one person, electricity, heating, water, etc. | 66.02 | 75.43 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 118.08 | 131.94 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 15.96 | 16.57 |
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Transportation
| Item | Gyeongsangbuk-do | Gwangju (Korea, South) |
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| Local transport ticket | 3.05 | 3.36 |
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| Monthly ticket local transport | 6,842 | 11,226 |
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| Taxi Ride, 8 km or 5 mi | 5,512 | 5,932 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.08 | 0.92 |
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| Mortgage Interest Rate for 20 Years | 58.72% | 52.63% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.75 | 6.73 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.08 | 1.06 |
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Groceries
| Item | Gyeongsangbuk-do | Gwangju (Korea, South) |
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| Milk, 1 L or 1 qt | 1.87 | 2.44 |
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| Bread, 0.5 kg or 1.1 lb | 2.64 | 2.58 |
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| Eggs, x12 | 2.55 | 2.78 |
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| Cheese, 1 kg or 2.2 lb | 13.81 | 8.94 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.48 | 6.59 |
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| Round Steak, 1 kg or 2.2 lb | 14.76 | 20.49 |
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| Banana, 1 kg or 2.2 lb | 5.62 | 3.84 |
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| Water, 1 L or 1 qt | 0.85 | 0.68 |
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Other
| Item | Gyeongsangbuk-do | Gwangju (Korea, South) |
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| Gym Membership, 1 month | 54.97 | 50.92 |
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| Cinema Ticket, 1 person | 11.77 | 9.31 |
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| Doctors visit | 13.37 | 26.12 |
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| Haircut, simple | 9.59 | 6.26 |
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| Brand Jeans | 49.97 | 64.18 |
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| Brand Sneakers | 65.28 | 83.49 |
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| Daycare or Preschool, 1 month | 243.14 | 276.75 |
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| International Primary School, 1 year | 16,340 | 19,916 |
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