Cost of living
Gyeongsangbuk-do compared to Jeju Island
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Overview comparison
Gyeongsangbuk-doJeju Island
Consumer prices in Jeju Island are roughly 15% higher than in Gyeongsangbuk-do.
Cost of living
| Item | Gyeongsangbuk-do | Jeju Island |
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| Total with rent one person | 971 | 1,160 |
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| Total with rent family | 2,360 | 2,966 |
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| Without rent one person | 704 | 658 |
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| Without rent one family | 1,805 | 2,046 |
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| Rent & Utilities person | 403.91 | 549.29 |
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| Rent & Utilities family | 751.78 | 1,068.06 |
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| Food person | 408 | 408 |
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| Food family | 1,187 | 1,182 |
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| Transport person | 109.74 | 65.32 |
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| Transport family | 306.75 | 238.07 |
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| Life expectancy | 73.85 years | 83.8 years |
|---|
Eating Out
| Item | Gyeongsangbuk-do | Jeju Island |
|---|
| Lunch Menu | 6.86 | 9.03 |
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| Dinner in a Restaurant, for 2 | 21.83 | 39.34 |
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| Fast food meal, equiv. McDonald's | 4.82 | 6.02 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.45 | 5.82 |
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| Cappuccino | 4.06 | 3.92 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.2 | 1.65 |
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Rent & Utilities
| Item | Gyeongsangbuk-do | Jeju Island |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,022.52 | 540.82 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 223.58 | 349.75 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,620.88 | 892.85 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 280.17 | 799.71 |
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| Utility Bill one person, electricity, heating, water, etc. | 66.02 | 140.25 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 118.08 | 246.14 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 15.96 | 20.82 |
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Transportation
| Item | Gyeongsangbuk-do | Jeju Island |
|---|
| Local transport ticket | 3.05 | 3.23 |
|---|
| Monthly ticket local transport | 6,842 | 4,410 |
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| Taxi Ride, 8 km or 5 mi | 5,512 | 2,834 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.08 | 1.15 |
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| Mortgage Interest Rate for 20 Years | 58.72% | 48.65% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.75 | 6.78 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.08 | 1.16 |
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Groceries
| Item | Gyeongsangbuk-do | Jeju Island |
|---|
| Milk, 1 L or 1 qt | 1.87 | 2.45 |
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| Bread, 0.5 kg or 1.1 lb | 2.64 | 2.81 |
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| Eggs, x12 | 2.55 | 2.83 |
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| Cheese, 1 kg or 2.2 lb | 13.81 | 13.97 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.48 | 7.69 |
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| Round Steak, 1 kg or 2.2 lb | 14.76 | 33.45 |
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| Banana, 1 kg or 2.2 lb | 5.62 | 2.28 |
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| Water, 1 L or 1 qt | 0.85 | 0.58 |
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Other
| Item | Gyeongsangbuk-do | Jeju Island |
|---|
| Gym Membership, 1 month | 54.97 | 35.66 |
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| Cinema Ticket, 1 person | 11.77 | 11.6 |
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| Doctors visit | 13.37 | 29.25 |
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| Haircut, simple | 9.59 | 7.02 |
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| Brand Jeans | 49.97 | 51.11 |
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| Brand Sneakers | 65.28 | 79.25 |
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| Daycare or Preschool, 1 month | 243.14 | 327.88 |
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| International Primary School, 1 year | 16,340 | 29,058 |
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