Cost of Living Comparison Between Incheon and Jeju Cost of Living Comparison Between Incheon and Jeju

Monthly Cost of Living

A single person spends $1,359 per month in Incheon vs $1,358 in Jeju, rent included.

A couple spends around $2,146 per month in Incheon vs $2,314 in Jeju, rent included.

A family of three spends $2,934 per month in Incheon vs $3,271 in Jeju, rent included.

Incheon and Jeju have comparable living costs – the differences are in the details.

Both Incheon and Jeju sit above the global median – Incheon by 1%, Jeju by 1%.

Meal at Budget Restaurant

$6.59 ₩9,768

$6.52 ₩9,676

1.07%

Three-Course Dinner for Two, Mid-Range

$37.36 ₩55.4K

$51.2 ₩76.0K

-27.05%

Fast Food Meal (McDonalds, etc)

$6.37 ₩9,452

$4.14 ₩6,134

53.86%

Cappuccino

$3.56 ₩5,284

$5.39 ₩8,001

-33.95%

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

$1.42 ₩2,104

$2.43 ₩3,601

-41.56%

Water (0.33 liter bottle)

$0.65 ₩960

$0.72 ₩1,062

-9.72%

Local Beer (0.5 liter draught)

$3.12 ₩4,627

$3.94 ₩5,846

-20.81%

Imported Beer (0.33 liter bottle)

$4.46 ₩6,611

$5.82 ₩8,639

-23.37%

Milk (1 liter)

$2.15 ₩3,186

$2.22 ₩3,291

-3.15%

White Bread (500g)

$3.07 ₩4,555

$2.23 ₩3,311

37.67%

Rice (white) (1kg)

$2.66 ₩3,948

$2.15 ₩3,184

23.72%

Eggs

$3.09 ₩4,586

$2.65 ₩3,933

16.60%

Local Cheese (1kg)

$14.36 ₩21.3K

$10.28 ₩15.2K

39.69%

Chicken Fillets (1kg)

$6.69 ₩9,924

$8.16 ₩12.1K

-18.01%

Beef Round Steak (1kg)

$13.46 ₩20.0K

$27.07 ₩40.2K

-50.28%

Apples (1kg)

$7.68 ₩11.4K

$8.04 ₩11.9K

-4.48%

Banana (1kg)

$2.98 ₩4,420

$3.27 ₩4,855

-8.87%

Oranges (1kg)

$5.54 ₩8,213

$5.63 ₩8,352

-1.60%

Tomato (1kg)

$6.40 ₩9,491

$5.40 ₩8,009

18.52%

Potato (1kg)

$3.37 ₩4,998

$2.99 ₩4,433

12.71%

Onion (1kg)

$2.00 ₩2,967

$1.85 ₩2,749

8.11%

Lettuce (1 head)

$1.93 ₩2,860

$2.16 ₩3,211

-10.65%

Water (1.5 liter bottle)

$1.34 ₩1,984

$0.46 ₩683

191.30%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,878

$3.41 ₩5,055

-3.52%

Wine (Bottle)

$15.47 ₩22.9K

$15.49 ₩23.0K

-0.13%

Local Beer (0.5 liter bottle)

$2.04 ₩3,028

$1.87 ₩2,772

9.09%

Imported Beer (0.33 liter bottle)

$1.88 ₩2,793

$1.67 ₩2,480

12.57%

One-way Ticket (Public Transport)

$1.05 ₩1,565

$0.90 ₩1,329

16.67%

Public Transport Monthly Pass (Regular Price)

$24.90 ₩36.9K

Taxi Start (Normal Tariff)

$3.47 ₩5,145

$2.55 ₩3,777

36.08%

Taxi (Normal Tariff) (1km)

$0.53 ₩779

$0.58 ₩856

-8.62%

Taxi 1hour Waiting (Normal Tariff)

$8.68 ₩12.9K

Gasoline (1 liter)

$1.18 ₩1,748

$1.23 ₩1,824

-4.07%

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

$27.2K ₩40.4M

$28.0K ₩41.5M

-2.70%

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

$14.2K ₩21.0M

$25.2K ₩37.4M

-43.93%

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

$164 ₩243.6K

$162 ₩240.3K

1.36%

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

$34.75 ₩51.6K

$34.77 ₩51.6K

-0.06%

Internet (50+ Mbps, Unlimited Data)

$20.91 ₩31.0K

$19.51 ₩28.9K

7.18%

Gym Membership (Monthly)

$32.66 ₩48.5K

$36.31 ₩53.9K

-10.05%

Tennis Court (1 Hour on Weekend)

$37.00 ₩54.9K

Cinema Ticket

$11.16 ₩16.6K

$10.94 ₩16.2K

2.01%

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

$263 ₩390.3K

$360 ₩534.5K

-26.97%

International Primary School, 1 Child (Yearly)

$11.2K ₩16.6M

$24.9K ₩36.9M

-55.11%

Jeans (Levis 501 Or Similar)

$58.4 ₩86.6K

$51.3 ₩76.2K

13.77%

Summer Dress (H&M, Zara, etc)

$47.98 ₩71.2K

$29.34 ₩43.5K

63.53%

Sport Shoes (Adidas, Nike)

$65.9 ₩97.7K

$64.1 ₩95.1K

2.76%

Men's Leather Business Shoes

$102 ₩151.0K

$88.0 ₩130.6K

15.62%

1-bedroom Apartment, City Center (Monthly)

$687 ₩1.0M

$491 ₩728.2K

40.02%

1-bedroom Apartment, Outside City Center (Monthly)

$382 ₩566.4K

$400 ₩592.9K

-4.47%

3-bedroom Apartment, City Center (Monthly)

$1,359 ₩2.0M

$1,010 ₩1.5M

34.56%

3-bedroom Apartment, Outside City Center (Monthly)

$807 ₩1.2M

$1,118 ₩1.7M

-27.81%

Buy Apartment in City Center (m2)

$6,167 ₩9.1M

$9,859 ₩14.6M

-37.45%

Buy Apartment Outside City Center (m2)

$5,113 ₩7.6M

$5,670 ₩8.4M

-9.81%

Average Monthly Net Salary (After Tax)

$2,208 ₩3.3M

$1,715 ₩2.5M

28.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

4.14

-0.97%

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

Last update for Incheon: April 25, 2026

Last update for Jeju: April 26, 2026

Cost Breakdown

A central one-bedroom costs $687 in Incheon versus $491 in Jeju. 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 29% higher in Incheon. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37.00 in Incheon versus $51.0 in Jeju. Monthly groceries follow the same trend: $385 vs $396 – making Incheon the more affordable choice for daily food spending.

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

Incheon vs Jeju: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,038 per month in Incheon and $2,036 in Jeju. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Jeju, 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 Incheon and $51.0 in Jeju. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Kindergarten costs $263 per month in Incheon and $360 in Jeju. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Jeju, where all-in costs run around $1,358, than in Incheon at $1,359. In Jeju it covers expenses comfortably, while in Incheon it requires careful planning or may not stretch far enough.

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