Cost of living
Kaesong (Korea, North) compared to Kimchaek
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Overview comparison
Kaesong (Korea, North)Kimchaek
Consumer prices in Kaesong (Korea, North) are roughly 2% higher than in Kimchaek.
Cost of living
| Item | Kaesong (Korea, North) | Kimchaek |
|---|
| Total with rent one person | 1,407 | 1,566 |
|---|
| Total with rent family | 3,815 | 3,310 |
|---|
| Without rent one person | 663 | 537 |
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| Without rent one family | 2,100 | 1,718 |
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| Rent & Utilities person | 769.15 | 802.4 |
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| Rent & Utilities family | 1,665.13 | 2,392.49 |
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| Food person | 503 | 455 |
|---|
| Food family | 1,426 | 1,311 |
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| Transport person | 83.12 | 72.92 |
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| Transport family | 203.04 | 147.11 |
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| Life expectancy | 71.95 years | 66.99 years |
|---|
Eating Out
| Item | Kaesong (Korea, North) | Kimchaek |
|---|
| Lunch Menu | 9.14 | 7.27 |
|---|
| Dinner in a Restaurant, for 2 | 116.22 | 122.53 |
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| Fast food meal, equiv. McDonald's | 4.65 | 4.32 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.99 | 1.99 |
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| Cappuccino | 2.07 | 1.81 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.46 | 0.54 |
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Rent & Utilities
| Item | Kaesong (Korea, North) | Kimchaek |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 872.49 | 696.41 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 733.5 | 875.33 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 3,204.75 | 3,678.02 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,791.92 | 1,509.18 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 82.64 | 85.31 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 128.39 | 113.65 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 62.79 | 61.11 |
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Transportation
| Item | Kaesong (Korea, North) | Kimchaek |
|---|
| Local transport ticket | 13.97 | 10.82 |
|---|
| Monthly ticket local transport | 1,664 | 1,381 |
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| Taxi Ride, 8 km or 5 mi | 980 | 989 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.44 | 0.41 |
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| Mortgage Interest Rate for 20 Years | 38.73% | 45.33% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.54 | 19.38 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 1.01 |
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Groceries
| Item | Kaesong (Korea, North) | Kimchaek |
|---|
| Milk, 1 L or 1 qt | 2.18 | 2.53 |
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| Bread, 0.5 kg or 1.1 lb | 2.76 | 2.24 |
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| Eggs, x12 | 2.54 | 2.31 |
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| Cheese, 1 kg or 2.2 lb | 10.03 | 10.38 |
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| Chicken Breast, 1 kg or 2.2 lb | 21.35 | 17.01 |
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| Round Steak, 1 kg or 2.2 lb | 6.44 | 7.65 |
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| Banana, 1 kg or 2.2 lb | 1.37 | 1.05 |
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| Water, 1 L or 1 qt | 0.29 | 0.34 |
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Other
| Item | Kaesong (Korea, North) | Kimchaek |
|---|
| Gym Membership, 1 month | 19.48 | 25.47 |
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| Cinema Ticket, 1 person | 4.68 | 3.69 |
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| Doctors visit | 16.51 | 17.16 |
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| Haircut, simple | 4.43 | 3.52 |
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| Brand Jeans | 33.27 | 32.73 |
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| Brand Sneakers | 55.2 | 68.52 |
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| Daycare or Preschool, 1 month | 108.57 | 101.39 |
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| International Primary School, 1 year | 3,379 | 3,328 |
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