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Cost of living

Jeju Island compared to Busan (South Korea)

Overview comparison

Cost of living
947.69
869.47
Eating Out
10.96
9.47
Rent & Utilities
427.19
403.43
Transportation
1,043.57
2,327.55
Groceries
8.26
8.62
Other
3,699.97
1,639.28
Jeju IslandBusan (South Korea)

Consumer prices in Jeju Island are roughly 14% higher than in Busan (South Korea).

Cost of living

ItemJeju IslandBusan (South Korea)
Total with rent one person1,160962
Total with rent family2,9662,527
Without rent one person658700
Without rent one family2,0462,089
Rent & Utilities person549.29342.56
Rent & Utilities family1,068.06702.75
Food person408505
Food family1,1821,168
Transport person65.32155.54
Transport family238.07342.36
Life expectancy83.8 years69.93 years

Eating Out

ItemJeju IslandBusan (South Korea)
Lunch Menu9.035.36
Dinner in a Restaurant, for 239.3437.06
Fast food meal, equiv. McDonald's6.025.11
Beer in a Pub, 0.5 L or 16 fl oz5.824.1
Cappuccino3.923.44
Pepsi / Coke, 0.5 L or 16.9 fl oz1.651.75

Rent & Utilities

ItemJeju IslandBusan (South Korea)
1 bedroom apartment in city Center, 40 m2 or 430 ft2540.82468.35
Cheap 1 bedroom apartment, 40 m2 or 430 ft2349.75310.34
3 bedroom apartment in city Center, 80 m2 or 860 ft2892.851,124.31
Cheap 3 bedroom apartment, 80 m2 or 860 ft2799.71702.13
Utility Bill one person, electricity, heating, water, etc.140.2579.45
Utility Bill for a Family, electricity, heating, water, etc.246.14124.69
Internet plan, 25 Mbps+ 1 month unlimited20.8214.72

Transportation

ItemJeju IslandBusan (South Korea)
Local transport ticket3.234.28
Monthly ticket local transport4,4108,280
Taxi Ride, 8 km or 5 mi2,8347,942
Gas / Petrol, 1 L or 0.26 gal1.151.1
Mortgage Interest Rate for 20 Years48.65%51.08%
Apartment price to Buy in city Center, 1 m2 or 10 ft26.7813.1
House price to Buy in Suburbs, 1 m2 or 10 ft21.161.32

Groceries

ItemJeju IslandBusan (South Korea)
Milk, 1 L or 1 qt2.451.9
Bread, 0.5 kg or 1.1 lb2.813.37
Eggs, x122.833.51
Cheese, 1 kg or 2.2 lb13.9715.98
Chicken Breast, 1 kg or 2.2 lb7.698.81
Round Steak, 1 kg or 2.2 lb33.4531.45
Banana, 1 kg or 2.2 lb2.283.29
Water, 1 L or 1 qt0.580.64

Other

ItemJeju IslandBusan (South Korea)
Gym Membership, 1 month35.6653.22
Cinema Ticket, 1 person11.68.69
Doctors visit29.2526.37
Haircut, simple7.029.84
Brand Jeans51.1181.48
Brand Sneakers79.2577.52
Daycare or Preschool, 1 month327.88506.13
International Primary School, 1 year29,05812,351