Last update: Oct 2026

Cost of Living Comparison Between Icheon and Georgetown

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

77

Cost of Living Index in Icheon
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Icheon Living Index
79

Cost of Living Index in Georgetown
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Georgetown Living Index

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Icheon

🇰🇷 South Korea

$1,595

/mo nomad

Georgetown

🇬🇾 Guyana

$1,643

/mo nomad

Monthly Cost of Living

How much you'll spend in Icheon and in Georgetown

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

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

Icheon $1,595
Georgetown $1,643

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

Icheon $2,043
Georgetown $2,771

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

Icheon $2,491
Georgetown $3,899

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

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

Meal at Budget Restaurant

$6.20 ₩8,238

$18.26 GYD 3,797

-66.05%

Three-Course Dinner for Two, Mid-Range

$48.38 ₩64.3K

$71.3 GYD 14.8K

-32.14%

Fast Food Meal (McDonalds, etc)

$6.62 ₩8,804

$9.19 GYD 1,911

-27.97%

Cappuccino

$3.70 ₩4,924

$5.71 GYD 1,188

-35.20%

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

$1.33 ₩1,774

$1.21 GYD 252

9.92%

Water (0.33 liter bottle)

$1.17 ₩1,553

$0.61 GYD 126

91.80%

Local Beer (0.5 liter draught)

$3.80 ₩5,052

$1.95 GYD 406

94.87%

Imported Beer (0.33 liter bottle)

$4.22 ₩5,607

$3.27 GYD 680

29.05%

Milk (1 liter)

$2.23 ₩2,970

$3.56 GYD 741

-37.36%

White Bread (500g)

$3.27 ₩4,346

$2.08 GYD 432

57.21%

Rice (white) (1kg)

$3.21 ₩4,263

$2.07 GYD 430

55.07%

Eggs

$2.74 ₩3,650

$3.94 GYD 819

-30.46%

Local Cheese (1kg)

$10.97 ₩14.6K

$15.16 GYD 3,152

-27.64%

Chicken Fillets (1kg)

$10.56 ₩14.0K

$7.01 GYD 1,458

50.64%

Beef Round Steak (1kg)

$25.36 ₩33.7K

$8.91 GYD 1,853

184.62%

Apples (1kg)

$11.33 ₩15.1K

$8.17 GYD 1,699

38.68%

Banana (1kg)

$3.56 ₩4,731

$4.04 GYD 840

-11.88%

Oranges (1kg)

$8.13 ₩10.8K

$4.06 GYD 844

100.25%

Tomato (1kg)

$5.90 ₩7,849

$7.15 GYD 1,487

-17.48%

Potato (1kg)

$6.05 ₩8,043

$2.45 GYD 508

146.94%

Onion (1kg)

$3.38 ₩4,489

$3.08 GYD 639

9.74%

Lettuce (1 head)

$2.74 ₩3,647

$3.14 GYD 653

-12.74%

Water (1.5 liter bottle)

$1.28 ₩1,701

$1.60 GYD 332

-20.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,378

$3.43 GYD 713

-4.08%

Wine (Bottle)

$18.65 ₩24.8K

$16.72 GYD 3,476

11.54%

Local Beer (0.5 liter bottle)

$2.44 ₩3,245

$1.83 GYD 380

33.33%

Imported Beer (0.33 liter bottle)

$3.42 ₩4,546

$2.54 GYD 529

34.65%

One-way Ticket (Public Transport)

$1.10 ₩1,466

$0.58 GYD 121

89.66%

Public Transport Monthly Pass (Regular Price)

$61.5 GYD 12.8K

Taxi Start (Normal Tariff)

$3.64 ₩4,836

$4.27 GYD 888

-14.75%

Taxi (Normal Tariff) (1km)

$0.77 ₩1,028

$2.33 GYD 485

-66.95%

Taxi 1hour Waiting (Normal Tariff)

$16.77 ₩22.3K

$11.90 GYD 2,473

40.92%

Gasoline (1 liter)

$1.37 ₩1,821

$1.07 GYD 223

28.04%

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

$29.9K ₩39.8M

$27.1K GYD 5.6M

10.45%

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

$33.4K ₩44.4M

$22.5K GYD 4.7M

48.28%

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

$200 ₩265.3K

$120 GYD 24.9K

66.51%

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

$36.02 ₩47.9K

$21.78 GYD 4,527

65.38%

Internet (50+ Mbps, Unlimited Data)

$27.21 ₩36.2K

$44.50 GYD 9,251

-38.85%

Gym Membership (Monthly)

$22.45 ₩29.8K

$37.71 GYD 7,840

-40.47%

Tennis Court (1 Hour on Weekend)

$15.08 GYD 3,135

Cinema Ticket

$11.28 ₩15.0K

$6.04 GYD 1,256

86.75%

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

$642 ₩853.2K

$1,009 GYD 209.9K

-36.43%

International Primary School, 1 Child (Yearly)

$22.1K ₩29.4M

$18.8K GYD 3.9M

17.35%

Jeans (Levis 501 Or Similar)

$106 ₩141.3K

$37.95 GYD 7,889

179.95%

Summer Dress (H&M, Zara, etc)

$65.5 ₩87.1K

$41.02 GYD 8,528

59.61%

Sport Shoes (Adidas, Nike)

$93.9 ₩124.8K

$133 GYD 27.7K

-29.48%

Men's Leather Business Shoes

$129 ₩171.6K

$85.8 GYD 17.8K

50.37%

1-bedroom Apartment, City Center (Monthly)

$748 ₩994.5K

$958 GYD 199.1K

-21.91%

1-bedroom Apartment, Outside City Center (Monthly)

$459 ₩609.7K

$530 GYD 110.1K

-13.41%

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)

$2,317 ₩3.1M

$520 GYD 108.2K

345.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.9

6.94

-43.80%

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

Last update for Icheon: October 11, 2026

Last update for Georgetown: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Icheon

$488 30.6%

Georgetown

$398 24.2% 18.5% $91

Accommodation & Living

Icheon

$459 28.8%

Georgetown

$530 32.2% 15.5% $71

Monthly Utilities & Internet

Icheon

$263 16.5%

Georgetown

$186 11.3% 29.2% $77

Clothing & Footwear

Icheon

$178 11.1%

Georgetown

$134 8.2% 24.5% $44

Eating Out

Icheon

$151 9.5%

Georgetown

$266 16.2% 75.7% $115

Sport & Entertainment

Icheon

$45 2.8%

Georgetown

$50 3% 10.6% $4.8

Getting Around

Icheon

$12 * 0.8%

Georgetown

$80 4.9% 569% $68

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

Cost Breakdown

A central one-bedroom costs $748 in Icheon versus $958 in Georgetown. 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 $48.00 in Icheon versus $71.0 in Georgetown. Groceries tell a different story – $488 in Icheon vs $398 in Georgetown – so Georgetown wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Icheon

🇬🇾 Georgetown

🕒 Local time

10:03 10:03 AM

21:03 9:03 PM

13 h behind Icheon

🌤 Weather

👥 Population

213,059

310,320 Capital

💱 Currency

South Korean Won KRW ₩

Guyanese Dollar GYD $

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1,000 GYD = 4.81 USD

1,000 GYD = 4.28 EUR

Exchange rates and currency converter

GYD, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

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).

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).

USD to KRW in detail →

On the map

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Between locations

Icheon Georgetown 15,080 km ≈ 19 h nonstop flight

From you

Icheon
Georgetown

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

Icheon vs Georgetown: 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 $2,393 per month in Icheon and $2,464 in Georgetown. 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 $48.00 in Icheon and $71.0 in Georgetown. 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.