Cost of living
Jeju Island compared to Busan (Korea, South)
🏛️
Overview comparison
Jeju IslandBusan (Korea, South)
Consumer prices in Jeju Island are roughly 16% higher than in Busan (Korea, South).
Cost of living
| Item | Jeju Island | Busan (Korea, South) |
|---|
| Total with rent one person | 1,160 | 924 |
|---|
| Total with rent family | 2,966 | 2,763 |
|---|
| Without rent one person | 658 | 630 |
|---|
| Without rent one family | 2,046 | 2,565 |
|---|
| Rent & Utilities person | 549.29 | 444.99 |
|---|
| Rent & Utilities family | 1,068.06 | 808.67 |
|---|
| Food person | 408 | 501 |
|---|
| Food family | 1,182 | 1,030 |
|---|
| Transport person | 65.32 | 130.48 |
|---|
| Transport family | 238.07 | 459.45 |
|---|
| Life expectancy | 83.8 years | 83.31 years |
|---|
Eating Out
| Item | Jeju Island | Busan (Korea, South) |
|---|
| Lunch Menu | 9.03 | 5.23 |
|---|
| Dinner in a Restaurant, for 2 | 39.34 | 39.81 |
|---|
| Fast food meal, equiv. McDonald's | 6.02 | 6.16 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 5.82 | 4.08 |
|---|
| Cappuccino | 3.92 | 3.2 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.65 | 1.82 |
|---|
Rent & Utilities
| Item | Jeju Island | Busan (Korea, South) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 540.82 | 357.21 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 349.75 | 260.4 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 892.85 | 1,016.6 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 799.71 | 747.08 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 140.25 | 86.48 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 246.14 | 117.85 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 20.82 | 16.88 |
|---|
Transportation
| Item | Jeju Island | Busan (Korea, South) |
|---|
| Local transport ticket | 3.23 | 5.04 |
|---|
| Monthly ticket local transport | 4,410 | 7,256 |
|---|
| Taxi Ride, 8 km or 5 mi | 2,834 | 8,369 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 1.15 | 1.27 |
|---|
| Mortgage Interest Rate for 20 Years | 48.65% | 43.98% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 6.78 | 10.17 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.16 | 1.08 |
|---|
Groceries
| Item | Jeju Island | Busan (Korea, South) |
|---|
| Milk, 1 L or 1 qt | 2.45 | 2.22 |
|---|
| Bread, 0.5 kg or 1.1 lb | 2.81 | 3.54 |
|---|
| Eggs, x12 | 2.83 | 3.8 |
|---|
| Cheese, 1 kg or 2.2 lb | 13.97 | 14.66 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 7.69 | 10.11 |
|---|
| Round Steak, 1 kg or 2.2 lb | 33.45 | 24.92 |
|---|
| Banana, 1 kg or 2.2 lb | 2.28 | 3.35 |
|---|
| Water, 1 L or 1 qt | 0.58 | 0.74 |
|---|
Other
| Item | Jeju Island | Busan (Korea, South) |
|---|
| Gym Membership, 1 month | 35.66 | 49.84 |
|---|
| Cinema Ticket, 1 person | 11.6 | 9.11 |
|---|
| Doctors visit | 29.25 | 22.67 |
|---|
| Haircut, simple | 7.02 | 11.14 |
|---|
| Brand Jeans | 51.11 | 76.05 |
|---|
| Brand Sneakers | 79.25 | 95.2 |
|---|
| Daycare or Preschool, 1 month | 327.88 | 624.35 |
|---|
| International Primary School, 1 year | 29,058 | 11,797 |
|---|
