Cost of living
Pohang compared to North Gyeongsang
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Overview comparison
PohangNorth Gyeongsang
Consumer prices in Pohang are roughly 13% higher than in North Gyeongsang.
Cost of living
| Item | Pohang | North Gyeongsang |
|---|
| Total with rent one person | 1,155 | 892 |
|---|
| Total with rent family | 2,658 | 2,567 |
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| Without rent one person | 607 | 630 |
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| Without rent one family | 1,645 | 1,775 |
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| Rent & Utilities person | 505.96 | 392.48 |
|---|
| Rent & Utilities family | 861.24 | 996.67 |
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| Food person | 424 | 486 |
|---|
| Food family | 1,085 | 1,200 |
|---|
| Transport person | 81.02 | 119.39 |
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| Transport family | 172.13 | 296.76 |
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| Life expectancy | 84.89 years | 74.96 years |
|---|
Eating Out
| Item | Pohang | North Gyeongsang |
|---|
| Lunch Menu | 5.97 | 5.28 |
|---|
| Dinner in a Restaurant, for 2 | 20.39 | 24.8 |
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| Fast food meal, equiv. McDonald's | 5.96 | 3.95 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.03 | 2.75 |
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| Cappuccino | 2.83 | 3.32 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.22 | 0.93 |
|---|
Rent & Utilities
| Item | Pohang | North Gyeongsang |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 189.23 | 368.1 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 468.22 | 474.82 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,930.97 | 1,638.01 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 466.92 | 700.97 |
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| Utility Bill one person, electricity, heating, water, etc. | 61.49 | 53.72 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 84.31 | 104.65 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 20.49 | 14.97 |
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Transportation
| Item | Pohang | North Gyeongsang |
|---|
| Local transport ticket | 4.48 | 3.66 |
|---|
| Monthly ticket local transport | 6,036 | 5,301 |
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| Taxi Ride, 8 km or 5 mi | 3,533 | 2,596 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.97 | 0.9 |
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| Mortgage Interest Rate for 20 Years | 48.57% | 40.66% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.78 | 17.88 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.04 | 1.5 |
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Groceries
| Item | Pohang | North Gyeongsang |
|---|
| Milk, 1 L or 1 qt | 2.22 | 2.13 |
|---|
| Bread, 0.5 kg or 1.1 lb | 2.27 | 1.91 |
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| Eggs, x12 | 2.23 | 2.89 |
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| Cheese, 1 kg or 2.2 lb | 12.02 | 13.94 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.67 | 8.52 |
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| Round Steak, 1 kg or 2.2 lb | 17.12 | 20.54 |
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| Banana, 1 kg or 2.2 lb | 5.37 | 3.28 |
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| Water, 1 L or 1 qt | 0.98 | 0.54 |
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Other
| Item | Pohang | North Gyeongsang |
|---|
| Gym Membership, 1 month | 34.59 | 67.23 |
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| Cinema Ticket, 1 person | 11.85 | 10.29 |
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| Doctors visit | 34.75 | 30.51 |
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| Haircut, simple | 8.32 | 7.97 |
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| Brand Jeans | 63.64 | 59.91 |
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| Brand Sneakers | 78.98 | 96.05 |
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| Daycare or Preschool, 1 month | 289.01 | 243.63 |
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| International Primary School, 1 year | 24,042 | 19,542 |
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