Cost of living
Incheon (Korea, South) compared to Pohang
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Overview comparison
Incheon (Korea, South)Pohang
Consumer prices in Incheon (Korea, South) are roughly 14% higher than in Pohang.
Cost of living
| Item | Incheon (Korea, South) | Pohang |
|---|
| Total with rent one person | 864 | 1,155 |
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| Total with rent family | 3,174 | 2,658 |
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| Without rent one person | 674 | 607 |
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| Without rent one family | 1,699 | 1,645 |
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| Rent & Utilities person | 332.28 | 505.96 |
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| Rent & Utilities family | 996.15 | 861.24 |
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| Food person | 413 | 424 |
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| Food family | 1,088 | 1,085 |
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| Transport person | 97.24 | 81.02 |
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| Transport family | 318.76 | 172.13 |
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| Life expectancy | 80.68 years | 84.89 years |
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Eating Out
| Item | Incheon (Korea, South) | Pohang |
|---|
| Lunch Menu | 5.91 | 5.97 |
|---|
| Dinner in a Restaurant, for 2 | 36.04 | 20.39 |
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| Fast food meal, equiv. McDonald's | 6.55 | 5.96 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.37 | 3.03 |
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| Cappuccino | 3.82 | 2.83 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.38 | 1.22 |
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Rent & Utilities
| Item | Incheon (Korea, South) | Pohang |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 360.64 | 189.23 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 287.21 | 468.22 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,117.45 | 1,930.97 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 897.58 | 466.92 |
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| Utility Bill one person, electricity, heating, water, etc. | 109.58 | 61.49 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 178.46 | 84.31 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 19.05 | 20.49 |
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Transportation
| Item | Incheon (Korea, South) | Pohang |
|---|
| Local transport ticket | 3.66 | 4.48 |
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| Monthly ticket local transport | 9,540 | 6,036 |
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| Taxi Ride, 8 km or 5 mi | 7,803 | 3,533 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.84 | 0.97 |
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| Mortgage Interest Rate for 20 Years | 28.05% | 48.57% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.67 | 7.78 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.49 | 1.04 |
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Groceries
| Item | Incheon (Korea, South) | Pohang |
|---|
| Milk, 1 L or 1 qt | 2.46 | 2.22 |
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| Bread, 0.5 kg or 1.1 lb | 2.89 | 2.27 |
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| Eggs, x12 | 3.08 | 2.23 |
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| Cheese, 1 kg or 2.2 lb | 11.64 | 12.02 |
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| Chicken Breast, 1 kg or 2.2 lb | 8.16 | 7.67 |
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| Round Steak, 1 kg or 2.2 lb | 17.98 | 17.12 |
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| Banana, 1 kg or 2.2 lb | 3.16 | 5.37 |
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| Water, 1 L or 1 qt | 0.73 | 0.98 |
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Other
| Item | Incheon (Korea, South) | Pohang |
|---|
| Gym Membership, 1 month | 33.45 | 34.59 |
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| Cinema Ticket, 1 person | 12.16 | 11.85 |
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| Doctors visit | 15.69 | 34.75 |
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| Haircut, simple | 8.32 | 8.32 |
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| Brand Jeans | 64.96 | 63.64 |
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| Brand Sneakers | 81.82 | 78.98 |
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| Daycare or Preschool, 1 month | 319.63 | 289.01 |
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| International Primary School, 1 year | 22,794 | 24,042 |
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