Cost of Living Comparison Between Icheon and Georgetown Cost of Living Comparison Between Icheon and Georgetown

Monthly Cost of Living

A single person spends $1,436 per month in Icheon vs $1,317 in Georgetown, rent included.

A couple spends around $2,262 per month in Icheon vs $2,386 in Georgetown, rent included.

A family of three spends $3,088 per month in Icheon vs $3,456 in Georgetown, rent included.

Icheon costs about 9% more than Georgetown, driven mainly by Groceries & Markets.

Icheon sits 7% above the global median, while Georgetown is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.30 ₩9,367

$12.09 GYD 2,515

-47.89%

Three-Course Dinner for Two, Mid-Range

$36.80 ₩54.7K

$70.6 GYD 14.7K

-47.85%

Fast Food Meal (McDonalds, etc)

$6.22 ₩9,252

$8.51 GYD 1,770

-26.91%

Cappuccino

$4.19 ₩6,231

$5.08 GYD 1,057

-17.52%

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

$1.27 ₩1,890

$1.18 GYD 246

7.63%

Water (0.33 liter bottle)

$1.15 ₩1,715

$0.66 GYD 136

74.24%

Local Beer (0.5 liter draught)

$3.58 ₩5,325

$2.00 GYD 417

79.00%

Imported Beer (0.33 liter bottle)

$5.75 ₩8,547

$2.39 GYD 497

140.59%

Milk (1 liter)

$2.26 ₩3,356

$3.33 GYD 692

-32.13%

White Bread (500g)

$3.62 ₩5,392

$2.03 GYD 423

78.33%

Rice (white) (1kg)

$3.07 ₩4,561

$1.98 GYD 411

55.05%

Eggs

$2.91 ₩4,330

$3.99 GYD 830

-27.07%

Local Cheese (1kg)

$10.55 ₩15.7K

$14.02 GYD 2,916

-24.75%

Chicken Fillets (1kg)

$8.39 ₩12.5K

$6.26 GYD 1,302

34.03%

Beef Round Steak (1kg)

$27.86 ₩41.4K

$9.40 GYD 1,955

196.38%

Apples (1kg)

$8.26 ₩12.3K

$9.65 GYD 2,006

-14.40%

Banana (1kg)

$3.27 ₩4,858

$2.56 GYD 533

27.73%

Oranges (1kg)

$7.56 ₩11.2K

$3.26 GYD 677

131.90%

Tomato (1kg)

$5.24 ₩7,798

$6.51 GYD 1,353

-19.51%

Potato (1kg)

$5.23 ₩7,784

$2.50 GYD 519

109.20%

Onion (1kg)

$2.92 ₩4,348

$2.91 GYD 605

0.34%

Lettuce (1 head)

$2.01 ₩2,994

$2.26 GYD 470

-11.06%

Water (1.5 liter bottle)

$1.15 ₩1,706

$1.45 GYD 301

-20.69%

Cigarettes 20 Pack (Marlboro, Camel)

$3.21 ₩4,778

$2.71 GYD 564

18.45%

Wine (Bottle)

$16.54 ₩24.6K

$17.04 GYD 3,544

-2.93%

Local Beer (0.5 liter bottle)

$1.75 ₩2,603

$1.69 GYD 352

3.55%

Imported Beer (0.33 liter bottle)

$3.30 ₩4,912

$2.54 GYD 529

29.92%

One-way Ticket (Public Transport)

$1.09 ₩1,621

$0.59 GYD 123

84.75%

Public Transport Monthly Pass (Regular Price)

$28.90 GYD 6,010

Taxi Start (Normal Tariff)

$3.47 ₩5,161

$3.12 GYD 650

11.22%

Taxi (Normal Tariff) (1km)

$0.86 ₩1,277

$3.27 GYD 680

-73.70%

Taxi 1hour Waiting (Normal Tariff)

$16.36 ₩24.3K

$11.88 GYD 2,470

37.71%

Gasoline (1 liter)

$1.21 ₩1,802

$1.00 GYD 208

21.00%

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

$27.6K ₩41.1M

$22.6K GYD 4.7M

22.46%

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

$24.9K ₩37.0M

$17.7K GYD 3.7M

40.60%

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

$190 ₩282.1K

$91.3 GYD 19.0K

107.80%

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

$51.2 ₩76.1K

$26.96 GYD 5,607

89.76%

Internet (50+ Mbps, Unlimited Data)

$27.38 ₩40.7K

$51.8 GYD 10.8K

-47.12%

Gym Membership (Monthly)

$22.40 ₩33.3K

$39.09 GYD 8,129

-42.70%

Cinema Ticket

$11.22 ₩16.7K

$6.88 GYD 1,431

63.08%

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

$490 ₩729.1K

$1,016 GYD 211.4K

-51.77%

International Primary School, 1 Child (Yearly)

$14.0K ₩20.8M

$22.9K GYD 4.8M

-39.08%

Jeans (Levis 501 Or Similar)

$104 ₩155.3K

$33.82 GYD 7,034

208.72%

Summer Dress (H&M, Zara, etc)

$47.18 ₩70.2K

$53.2 GYD 11.1K

-11.38%

Sport Shoes (Adidas, Nike)

$88.7 ₩131.9K

$130 GYD 27.0K

-31.56%

Men's Leather Business Shoes

$119 ₩176.8K

$75.4 GYD 15.7K

57.54%

1-bedroom Apartment, City Center (Monthly)

$732 ₩1.1M

$783 GYD 162.7K

-6.50%

1-bedroom Apartment, Outside City Center (Monthly)

$370 ₩550.5K

$323 GYD 67.2K

14.52%

3-bedroom Apartment, City Center (Monthly)

$1,050 ₩1.6M

$2,442 GYD 507.8K

-57.01%

3-bedroom Apartment, Outside City Center (Monthly)

$776 ₩1.2M

$1,146 GYD 238.3K

-32.30%

Buy Apartment in City Center (m2)

$3,584 GYD 745.4K

Buy Apartment Outside City Center (m2)

$1,551 GYD 322.6K

Average Monthly Net Salary (After Tax)

$2,035 ₩3.0M

$514 GYD 107.0K

295.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.9

7.5

-48.00%

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

Last update for Icheon: July 14, 2026

Last update for Georgetown: July 11, 2026

Cost Breakdown

A central one-bedroom costs $732 in Icheon versus $783 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 296% higher in Icheon, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37.00 in Icheon versus $71.0 in Georgetown. Groceries tell a different story – $449 in Icheon vs $376 in Georgetown – so Georgetown wins on supermarket bills even if dining out costs more.

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

Icheon costs about 9% more than Georgetown, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,154 per month in Icheon and $1,975 in Georgetown. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Georgetown, 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 $37.00 in Icheon and $71.0 in Georgetown. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 20% more in Icheon, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Georgetown, where all-in costs run around $1,317, than in Icheon at $1,436. In Georgetown it covers expenses comfortably, while in Icheon it requires careful planning or may not stretch far enough.

Families tend to lean toward Georgetown – 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 Georgetown. If higher salaries, better infrastructure, or specific career opportunities are the priority, Icheon makes more sense. Both are solid long-term options with distinct trade-offs.