Cost of living
Jeju Island compared to Gyeongbuk
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Overview comparison
Jeju IslandGyeongbuk
Consumer prices in Jeju Island are roughly 18% higher than in Gyeongbuk.
Cost of living
| Item | Jeju Island | Gyeongbuk |
|---|
| Total with rent one person | 1,160 | 1,021 |
|---|
| Total with rent family | 2,966 | 2,899 |
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| Without rent one person | 658 | 595 |
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| Without rent one family | 2,046 | 2,082 |
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| Rent & Utilities person | 549.29 | 430.14 |
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| Rent & Utilities family | 1,068.06 | 725.04 |
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| Food person | 408 | 374 |
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| Food family | 1,182 | 928 |
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| Transport person | 65.32 | 94.48 |
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| Transport family | 238.07 | 260.97 |
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| Life expectancy | 83.8 years | 65.27 years |
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Eating Out
| Item | Jeju Island | Gyeongbuk |
|---|
| Lunch Menu | 9.03 | 7.63 |
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| Dinner in a Restaurant, for 2 | 39.34 | 27.06 |
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| Fast food meal, equiv. McDonald's | 6.02 | 5.08 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 5.82 | 2.39 |
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| Cappuccino | 3.92 | 3.37 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.65 | 1.57 |
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Rent & Utilities
| Item | Jeju Island | Gyeongbuk |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 540.82 | 737.76 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 349.75 | 300.46 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 892.85 | 1,636.57 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 799.71 | 274.92 |
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| Utility Bill one person, electricity, heating, water, etc. | 140.25 | 61.18 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 246.14 | 119.27 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 20.82 | 17.63 |
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Transportation
| Item | Jeju Island | Gyeongbuk |
|---|
| Local transport ticket | 3.23 | 4.2 |
|---|
| Monthly ticket local transport | 4,410 | 6,410 |
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| Taxi Ride, 8 km or 5 mi | 2,834 | 6,293 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.15 | 0.98 |
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| Mortgage Interest Rate for 20 Years | 48.65% | 49.05% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 6.78 | 8.4 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.16 | 1.42 |
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Groceries
| Item | Jeju Island | Gyeongbuk |
|---|
| Milk, 1 L or 1 qt | 2.45 | 1.62 |
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| Bread, 0.5 kg or 1.1 lb | 2.81 | 2.34 |
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| Eggs, x12 | 2.83 | 2.58 |
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| Cheese, 1 kg or 2.2 lb | 13.97 | 12.25 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.69 | 10.7 |
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| Round Steak, 1 kg or 2.2 lb | 33.45 | 19.05 |
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| Banana, 1 kg or 2.2 lb | 2.28 | 4.58 |
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| Water, 1 L or 1 qt | 0.58 | 1.14 |
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Other
| Item | Jeju Island | Gyeongbuk |
|---|
| Gym Membership, 1 month | 35.66 | 48.43 |
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| Cinema Ticket, 1 person | 11.6 | 9.85 |
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| Doctors visit | 29.25 | 12.96 |
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| Haircut, simple | 7.02 | 8.52 |
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| Brand Jeans | 51.11 | 51.72 |
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| Brand Sneakers | 79.25 | 66.49 |
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| Daycare or Preschool, 1 month | 327.88 | 339.8 |
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| International Primary School, 1 year | 29,058 | 14,750 |
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