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