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

Monthly Cost of Living

A single person spends $1,368 per month in Incheon vs $1,334 in Jeju, rent included.

A couple spends around $2,148 per month in Incheon vs $2,325 in Jeju, rent included.

A family of three spends $2,928 per month in Incheon vs $3,316 in Jeju, rent included.

Incheon costs about 3% more than Jeju, driven mainly by Getting Around.

Incheon sits 2% above the global median, while Jeju is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.80 ₩10.3K

$6.47 ₩9,822

5.10%

Three-Course Dinner for Two, Mid-Range

$36.54 ₩55.5K

$51.7 ₩78.5K

-29.34%

Fast Food Meal (McDonalds, etc)

$6.47 ₩9,824

$4.11 ₩6,248

57.42%

Cappuccino

$3.54 ₩5,369

$5.40 ₩8,203

-34.44%

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

$1.39 ₩2,114

$2.39 ₩3,632

-41.84%

Water (0.33 liter bottle)

$0.70 ₩1,070

$0.74 ₩1,129

-5.41%

Local Beer (0.5 liter draught)

$3.16 ₩4,797

$3.95 ₩6,001

-20.00%

Imported Beer (0.33 liter bottle)

$4.43 ₩6,722

$5.81 ₩8,819

-23.75%

Milk (1 liter)

$2.14 ₩3,247

$2.19 ₩3,328

-2.28%

White Bread (500g)

$3.12 ₩4,735

$2.23 ₩3,390

39.91%

Rice (white) (1kg)

$2.67 ₩4,051

$2.22 ₩3,369

20.27%

Eggs

$3.08 ₩4,674

$2.57 ₩3,905

19.84%

Local Cheese (1kg)

$14.08 ₩21.4K

$10.60 ₩16.1K

32.83%

Chicken Fillets (1kg)

$6.91 ₩10.5K

$8.15 ₩12.4K

-15.21%

Beef Round Steak (1kg)

$13.60 ₩20.7K

$27.07 ₩41.1K

-49.76%

Apples (1kg)

$7.30 ₩11.1K

$7.66 ₩11.6K

-4.70%

Banana (1kg)

$2.89 ₩4,386

$3.22 ₩4,894

-10.25%

Oranges (1kg)

$5.45 ₩8,274

$5.49 ₩8,333

-0.73%

Tomato (1kg)

$6.71 ₩10.2K

$5.12 ₩7,782

31.05%

Potato (1kg)

$3.49 ₩5,295

$3.00 ₩4,560

16.33%

Onion (1kg)

$1.97 ₩2,995

$1.82 ₩2,760

8.24%

Lettuce (1 head)

$1.94 ₩2,954

$2.18 ₩3,311

-11.01%

Water (1.5 liter bottle)

$1.31 ₩1,996

$0.42 ₩637

211.90%

Cigarettes 20 Pack (Marlboro, Camel)

$3.22 ₩4,884

$3.23 ₩4,909

-0.31%

Wine (Bottle)

$16.15 ₩24.5K

$16.21 ₩24.6K

-0.37%

Local Beer (0.5 liter bottle)

$2.07 ₩3,149

$1.81 ₩2,747

14.36%

Imported Beer (0.33 liter bottle)

$1.80 ₩2,734

$1.61 ₩2,451

11.80%

One-way Ticket (Public Transport)

$1.04 ₩1,579

$0.84 ₩1,275

23.81%

Public Transport Monthly Pass (Regular Price)

$25.34 ₩38.5K

Taxi Start (Normal Tariff)

$3.44 ₩5,225

$2.55 ₩3,865

34.90%

Taxi (Normal Tariff) (1km)

$0.53 ₩801

$0.57 ₩865

-7.02%

Taxi 1hour Waiting (Normal Tariff)

$8.71 ₩13.2K

$9.04 ₩13.7K

-3.65%

Gasoline (1 liter)

$1.19 ₩1,802

$1.26 ₩1,915

-5.56%

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

$28.2K ₩42.8M

$28.1K ₩42.6M

0.39%

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

$13.9K ₩21.0M

$25.3K ₩38.5M

-45.28%

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

$165 ₩250.7K

$163 ₩247.2K

1.41%

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

$34.69 ₩52.7K

$34.40 ₩52.2K

0.84%

Internet (50+ Mbps, Unlimited Data)

$20.93 ₩31.8K

$19.43 ₩29.5K

7.72%

Gym Membership (Monthly)

$32.83 ₩49.9K

$37.45 ₩56.9K

-12.34%

Tennis Court (1 Hour on Weekend)

$37.46 ₩56.9K

Cinema Ticket

$10.94 ₩16.6K

$11.04 ₩16.8K

-0.91%

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

$264 ₩401.1K

$360 ₩546.0K

-26.55%

International Primary School, 1 Child (Yearly)

$11.1K ₩16.8M

$25.1K ₩38.1M

-55.90%

Jeans (Levis 501 Or Similar)

$59.0 ₩89.6K

$50.6 ₩76.8K

16.60%

Summer Dress (H&M, Zara, etc)

$47.87 ₩72.7K

$29.89 ₩45.4K

60.15%

Sport Shoes (Adidas, Nike)

$66.0 ₩100.1K

$64.5 ₩97.9K

2.33%

Men's Leather Business Shoes

$102 ₩155.2K

$88.9 ₩135.0K

14.97%

1-bedroom Apartment, City Center (Monthly)

$694 ₩1.1M

$494 ₩749.6K

40.51%

1-bedroom Apartment, Outside City Center (Monthly)

$382 ₩580.5K

$391 ₩593.5K

-2.19%

3-bedroom Apartment, City Center (Monthly)

$1,380 ₩2.1M

$1,009 ₩1.5M

36.79%

3-bedroom Apartment, Outside City Center (Monthly)

$785 ₩1.2M

$1,120 ₩1.7M

-29.95%

Buy Apartment in City Center (m2)

$6,120 ₩9.3M

$9,495 ₩14.4M

-35.55%

Buy Apartment Outside City Center (m2)

$4,859 ₩7.4M

$5,193 ₩7.9M

-6.43%

Average Monthly Net Salary (After Tax)

$2,171 ₩3.3M

$1,629 ₩2.5M

33.27%

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: June 8, 2026

Last update for Jeju: June 7, 2026

Cost Breakdown

A central one-bedroom costs $694 in Incheon versus $494 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 33% higher in Incheon, 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 Incheon versus $52.0 in Jeju. Monthly groceries follow the same trend: $386 vs $393 – 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

Yes – Incheon is pricier by about 3%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,052 per month in Incheon and $2,002 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 $52.0 in Jeju. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 2% cheaper in Incheon – 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 Jeju, where all-in costs run around $1,334, than in Incheon at $1,368. 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.