Last update: Oct 2026

Cost of Living Comparison Between Georgetown and Icheon

For one person, living costs are similar in Georgetown and in Icheon: $1,643 and $1,595 a month, rent and utilities included.

79

Cost of Living Index in Georgetown
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Georgetown Living Index
77

Cost of Living Index in Icheon
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Icheon Living Index

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Georgetown

🇬🇾 Guyana

$1,643

/mo nomad

Icheon

🇰🇷 South Korea

$1,595

/mo nomad

Monthly Cost of Living

How much you'll spend in Georgetown and in Icheon

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Georgetown and in Icheon actually costs, broken down by who's living it.

A single person spends $1,643 per month in Georgetown vs $1,595 in Icheon, rent included.

Georgetown $1,643
Icheon $1,595

A couple spends around $2,771 per month in Georgetown vs $2,043 in Icheon, rent included.

Georgetown $2,771
Icheon $2,043

A family of three spends $3,899 per month in Georgetown vs $2,491 in Icheon, rent included.

Georgetown $3,899
Icheon $2,491

Georgetown costs about 3% more than Icheon, and outside of rent the biggest gap is in eating out.

Both Georgetown and Icheon sit above the global median – Georgetown by 22%, Icheon by 18%.

Meal at Budget Restaurant

$18.26 GYD 3,797

$6.20 ₩8,238

194.52%

Three-Course Dinner for Two, Mid-Range

$71.3 GYD 14.8K

$48.38 ₩64.3K

47.35%

Fast Food Meal (McDonalds, etc)

$9.19 GYD 1,911

$6.62 ₩8,804

38.82%

Cappuccino

$5.71 GYD 1,188

$3.70 ₩4,924

54.32%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.21 GYD 252

$1.33 ₩1,774

-9.02%

Water (0.33 liter bottle)

$0.61 GYD 126

$1.17 ₩1,553

-47.86%

Local Beer (0.5 liter draught)

$1.95 GYD 406

$3.80 ₩5,052

-48.68%

Imported Beer (0.33 liter bottle)

$3.27 GYD 680

$4.22 ₩5,607

-22.51%

Milk (1 liter)

$3.56 GYD 741

$2.23 ₩2,970

59.64%

White Bread (500g)

$2.08 GYD 432

$3.27 ₩4,346

-36.39%

Rice (white) (1kg)

$2.07 GYD 430

$3.21 ₩4,263

-35.51%

Eggs

$3.94 GYD 819

$2.74 ₩3,650

43.80%

Local Cheese (1kg)

$15.16 GYD 3,152

$10.97 ₩14.6K

38.20%

Chicken Fillets (1kg)

$7.01 GYD 1,458

$10.56 ₩14.0K

-33.62%

Beef Round Steak (1kg)

$8.91 GYD 1,853

$25.36 ₩33.7K

-64.87%

Apples (1kg)

$8.17 GYD 1,699

$11.33 ₩15.1K

-27.89%

Banana (1kg)

$4.04 GYD 840

$3.56 ₩4,731

13.48%

Oranges (1kg)

$4.06 GYD 844

$8.13 ₩10.8K

-50.06%

Tomato (1kg)

$7.15 GYD 1,487

$5.90 ₩7,849

21.19%

Potato (1kg)

$2.45 GYD 508

$6.05 ₩8,043

-59.50%

Onion (1kg)

$3.08 GYD 639

$3.38 ₩4,489

-8.88%

Lettuce (1 head)

$3.14 GYD 653

$2.74 ₩3,647

14.60%

Water (1.5 liter bottle)

$1.60 GYD 332

$1.28 ₩1,701

25.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.43 GYD 713

$3.29 ₩4,378

4.26%

Wine (Bottle)

$16.72 GYD 3,476

$18.65 ₩24.8K

-10.35%

Local Beer (0.5 liter bottle)

$1.83 GYD 380

$2.44 ₩3,245

-25.00%

Imported Beer (0.33 liter bottle)

$2.54 GYD 529

$3.42 ₩4,546

-25.73%

One-way Ticket (Public Transport)

$0.58 GYD 121

$1.10 ₩1,466

-47.27%

Public Transport Monthly Pass (Regular Price)

$61.5 GYD 12.8K

Taxi Start (Normal Tariff)

$4.27 GYD 888

$3.64 ₩4,836

17.31%

Taxi (Normal Tariff) (1km)

$2.33 GYD 485

$0.77 ₩1,028

202.60%

Taxi 1hour Waiting (Normal Tariff)

$11.90 GYD 2,473

$16.77 ₩22.3K

-29.04%

Gasoline (1 liter)

$1.07 GYD 223

$1.37 ₩1,821

-21.90%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.1K GYD 5.6M

$29.9K ₩39.8M

-9.46%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$22.5K GYD 4.7M

$33.4K ₩44.4M

-32.56%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$120 GYD 24.9K

$200 ₩265.3K

-39.94%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$21.78 GYD 4,527

$36.02 ₩47.9K

-39.53%

Internet (50+ Mbps, Unlimited Data)

$44.50 GYD 9,251

$27.21 ₩36.2K

63.54%

Gym Membership (Monthly)

$37.71 GYD 7,840

$22.45 ₩29.8K

67.97%

Tennis Court (1 Hour on Weekend)

$15.08 GYD 3,135

Cinema Ticket

$6.04 GYD 1,256

$11.28 ₩15.0K

-46.45%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,009 GYD 209.9K

$642 ₩853.2K

57.31%

International Primary School, 1 Child (Yearly)

$18.8K GYD 3.9M

$22.1K ₩29.4M

-14.78%

Jeans (Levis 501 Or Similar)

$37.95 GYD 7,889

$106 ₩141.3K

-64.28%

Summer Dress (H&M, Zara, etc)

$41.02 GYD 8,528

$65.5 ₩87.1K

-37.35%

Sport Shoes (Adidas, Nike)

$133 GYD 27.7K

$93.9 ₩124.8K

41.81%

Men's Leather Business Shoes

$85.8 GYD 17.8K

$129 ₩171.6K

-33.50%

1-bedroom Apartment, City Center (Monthly)

$958 GYD 199.1K

$748 ₩994.5K

28.05%

1-bedroom Apartment, Outside City Center (Monthly)

$530 GYD 110.1K

$459 ₩609.7K

15.49%

3-bedroom Apartment, City Center (Monthly)

$3,344 GYD 695.3K

3-bedroom Apartment, Outside City Center (Monthly)

$1,288 GYD 267.7K

Buy Apartment in City Center (m2)

$3,596 GYD 747.6K

Buy Apartment Outside City Center (m2)

$1,560 GYD 324.2K

Average Monthly Net Salary (After Tax)

$520 GYD 108.2K

$2,317 ₩3.1M

-77.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.94

3.9

77.95%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Georgetown: October 12, 2026

Last update for Icheon: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Georgetown

$530 32.2%

Icheon

$459 28.8% 13.4% $71

Groceries & Markets

Georgetown

$398 24.2%

Icheon

$488 30.6% 22.8% $91

Eating Out

Georgetown

$266 16.2%

Icheon

$151 9.5% 43.1% $115

Monthly Utilities & Internet

Georgetown

$186 11.3%

Icheon

$263 16.5% 41.2% $77

Clothing & Footwear

Georgetown

$134 8.2%

Icheon

$178 11.1% 32.5% $44

Getting Around

Georgetown

$80 4.9%

Icheon

$12 * 0.8% 85.1% $68

Sport & Entertainment

Georgetown

$50 3%

Icheon

$45 2.8% 9.6% $4.8

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $958 in Georgetown versus $748 in Icheon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 345% higher in Icheon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $71.0 in Georgetown versus $48.00 in Icheon. Groceries tell a different story – $398 in Georgetown vs $488 in Icheon – so Georgetown wins on supermarket bills even if dining out costs more.

Good to know

🇬🇾 Georgetown

🇰🇷 Icheon

🕒 Local time

20:15 8:15 PM

09:15 9:15 AM

13 h ahead of Georgetown

🌤 Weather

👥 Population

310,320 Capital

213,059

💱 Currency

Guyanese Dollar GYD $

South Korean Won KRW ₩

📈 Exchange rate

1,000 GYD = 4.81 USD

1,000 GYD = 4.28 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

KRW, USD, EUR to GYD – Guyanese Dollar Converter

🇺🇸 United States Dollar ($)

🇬🇾 Guyanese Dollar ($)

Guyanese Dollar exchange rates as of October 19, 2026: 1 USD = 208 GYD (1,000 GYD = 4.81 USD). 1 EUR = 234 GYD (1,000 GYD = 4.28 EUR).

South Korean Won exchange rates as of October 19, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

USD to GYD in detail →

On the map

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Highest

Between locations

Georgetown Icheon 15,080 km ≈ 19 h nonstop flight

From you

Georgetown
Icheon

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Georgetown vs Icheon: Cost of Living - Frequently Asked Questions

Georgetown costs about 3% more than Icheon, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,464 per month in Georgetown and $2,393 in Icheon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Icheon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $71.0 in Georgetown and $48.00 in Icheon. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 23% cheaper in Georgetown – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Icheon, where all-in costs run around $1,595, than in Georgetown at $1,643. In Icheon it covers expenses comfortably, while in Georgetown it requires careful planning or may not stretch far enough.

Families tend to lean toward Icheon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Icheon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Georgetown makes more sense. Both are solid long-term options with distinct trade-offs.