Cost of living
Incheon (South Korea) compared to Gyeongsangbuk-do
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Overview comparison
Incheon (South Korea)Gyeongsangbuk-do
Consumer prices in Incheon (South Korea) are roughly 24% higher than in Gyeongsangbuk-do.
Cost of living
| Item | Incheon (South Korea) | Gyeongsangbuk-do |
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| Total with rent one person | 1,136 | 971 |
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| Total with rent family | 3,495 | 2,360 |
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| Without rent one person | 774 | 704 |
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| Without rent one family | 1,711 | 1,805 |
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| Rent & Utilities person | 378.92 | 403.91 |
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| Rent & Utilities family | 979.9 | 751.78 |
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| Food person | 455 | 408 |
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| Food family | 1,370 | 1,187 |
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| Transport person | 101.65 | 109.74 |
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| Transport family | 290.88 | 306.75 |
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| Life expectancy | 84.79 years | 73.85 years |
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Eating Out
| Item | Incheon (South Korea) | Gyeongsangbuk-do |
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| Lunch Menu | 5.93 | 6.86 |
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| Dinner in a Restaurant, for 2 | 33.8 | 21.83 |
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| Fast food meal, equiv. McDonald's | 7.42 | 4.82 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.65 | 2.45 |
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| Cappuccino | 3.63 | 4.06 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.51 | 1.2 |
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Rent & Utilities
| Item | Incheon (South Korea) | Gyeongsangbuk-do |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 372.71 | 1,022.52 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 221.65 | 223.58 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,248.41 | 1,620.88 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 748.53 | 280.17 |
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| Utility Bill one person, electricity, heating, water, etc. | 124.35 | 66.02 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 158.56 | 118.08 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 22.44 | 15.96 |
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Transportation
| Item | Incheon (South Korea) | Gyeongsangbuk-do |
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| Local transport ticket | 3.72 | 3.05 |
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| Monthly ticket local transport | 8,266 | 6,842 |
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| Taxi Ride, 8 km or 5 mi | 6,690 | 5,512 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.05 | 1.08 |
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| Mortgage Interest Rate for 20 Years | 21.67% | 58.72% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.39 | 7.75 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.19 | 1.08 |
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Groceries
| Item | Incheon (South Korea) | Gyeongsangbuk-do |
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| Milk, 1 L or 1 qt | 2.36 | 1.87 |
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| Bread, 0.5 kg or 1.1 lb | 3.64 | 2.64 |
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| Eggs, x12 | 3.06 | 2.55 |
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| Cheese, 1 kg or 2.2 lb | 11.21 | 13.81 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.18 | 9.48 |
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| Round Steak, 1 kg or 2.2 lb | 21.36 | 14.76 |
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| Banana, 1 kg or 2.2 lb | 3.98 | 5.62 |
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| Water, 1 L or 1 qt | 0.91 | 0.85 |
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Other
| Item | Incheon (South Korea) | Gyeongsangbuk-do |
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| Gym Membership, 1 month | 30.07 | 54.97 |
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| Cinema Ticket, 1 person | 11.32 | 11.77 |
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| Doctors visit | 20.94 | 13.37 |
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| Haircut, simple | 6.76 | 9.59 |
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| Brand Jeans | 65.34 | 49.97 |
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| Brand Sneakers | 87.63 | 65.28 |
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| Daycare or Preschool, 1 month | 290.96 | 243.14 |
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| International Primary School, 1 year | 25,610 | 16,340 |
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