Cost of living
Sinpo compared to Kaesong (Korea, North)
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Overview comparison
SinpoKaesong (Korea, North)
Consumer prices in Kaesong (Korea, North) are roughly 1% higher than in Sinpo.
Cost of living
| Item | Sinpo | Kaesong (Korea, North) |
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| Total with rent one person | 1,634 | 1,407 |
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| Total with rent family | 4,314 | 3,815 |
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| Without rent one person | 649 | 663 |
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| Without rent one family | 1,972 | 2,100 |
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| Rent & Utilities person | 1,026.79 | 769.15 |
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| Rent & Utilities family | 2,284.81 | 1,665.13 |
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| Food person | 464 | 503 |
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| Food family | 1,236 | 1,426 |
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| Transport person | 57.72 | 83.12 |
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| Transport family | 180.61 | 203.04 |
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| Life expectancy | 82.8 years | 71.95 years |
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Eating Out
| Item | Sinpo | Kaesong (Korea, North) |
|---|
| Lunch Menu | 8.46 | 9.14 |
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| Dinner in a Restaurant, for 2 | 98.67 | 116.22 |
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| Fast food meal, equiv. McDonald's | 4.64 | 4.65 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.89 | 1.99 |
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| Cappuccino | 1.74 | 2.07 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.56 | 0.46 |
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Rent & Utilities
| Item | Sinpo | Kaesong (Korea, North) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 827.26 | 872.49 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 771.25 | 733.5 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,416.92 | 3,204.75 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,743.21 | 1,791.92 |
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| Utility Bill one person, electricity, heating, water, etc. | 90.41 | 82.64 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 115.88 | 128.39 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 55.35 | 62.79 |
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Transportation
| Item | Sinpo | Kaesong (Korea, North) |
|---|
| Local transport ticket | 12.04 | 13.97 |
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| Monthly ticket local transport | 1,335 | 1,664 |
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| Taxi Ride, 8 km or 5 mi | 802 | 980 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.42 | 0.44 |
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| Mortgage Interest Rate for 20 Years | 47.51% | 38.73% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 21.96 | 18.54 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.91 | 1 |
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Groceries
| Item | Sinpo | Kaesong (Korea, North) |
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| Milk, 1 L or 1 qt | 2.82 | 2.18 |
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| Bread, 0.5 kg or 1.1 lb | 3.09 | 2.76 |
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| Eggs, x12 | 2.96 | 2.54 |
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| Cheese, 1 kg or 2.2 lb | 8.42 | 10.03 |
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| Chicken Breast, 1 kg or 2.2 lb | 19.01 | 21.35 |
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| Round Steak, 1 kg or 2.2 lb | 6.01 | 6.44 |
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| Banana, 1 kg or 2.2 lb | 1.1 | 1.37 |
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| Water, 1 L or 1 qt | 0.3 | 0.29 |
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Other
| Item | Sinpo | Kaesong (Korea, North) |
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| Gym Membership, 1 month | 24.54 | 19.48 |
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| Cinema Ticket, 1 person | 4.28 | 4.68 |
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| Doctors visit | 15.84 | 16.51 |
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| Haircut, simple | 3.74 | 4.43 |
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| Brand Jeans | 28.42 | 33.27 |
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| Brand Sneakers | 75.63 | 55.2 |
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| Daycare or Preschool, 1 month | 85.42 | 108.57 |
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| International Primary School, 1 year | 3,879 | 3,379 |
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