Last update: Oct 2026

Cost of Living Comparison Between Incheon and Jeju

For one person, living is cheaper in Jeju: $1,118 a month against $1,376 in Incheon, rent and utilities included – about $3,100 less a year. The total is higher in Incheon despite lower rent and utilities.

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Cost of Living Index in Incheon
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Incheon Living Index

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Incheon

🇰🇷 South Korea

$1,376

/mo nomad

Jeju

🇰🇷 South Korea

$1,118

/mo nomad

Monthly Cost of Living

How much you'll spend in Incheon and in Jeju

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

A single person spends $1,376 per month in Incheon vs $1,118 in Jeju, rent included.

Incheon $1,376
Jeju $1,118

A couple spends around $2,124 per month in Incheon vs $1,917 in Jeju, rent included.

Incheon $2,124
Jeju $1,917

A family of three spends $2,873 per month in Incheon vs $2,715 in Jeju, rent included.

Incheon $2,873
Jeju $2,715

Incheon costs about 23% more than Jeju, and outside of rent the biggest gap is in groceries.

Meal at Budget Restaurant

$6.17 ₩8,290

$7.33 ₩9,840

-15.83%

Three-Course Dinner for Two, Mid-Range

$34.97 ₩47.0K

$51.9 ₩69.6K

-32.58%

Fast Food Meal (McDonalds, etc)

$6.92 ₩9,289

$5.61 ₩7,538

23.35%

Cappuccino

$3.66 ₩4,910

$5.87 ₩7,879

-37.65%

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

$1.55 ₩2,077

$2.19 ₩2,941

-29.22%

Water (0.33 liter bottle)

$0.59 ₩797

$2.06 ₩2,769

-71.36%

Local Beer (0.5 liter draught)

$3.59 ₩4,814

$3.93 ₩5,276

-8.65%

Imported Beer (0.33 liter bottle)

$4.42 ₩5,935

$3.07 ₩4,125

43.97%

Milk (1 liter)

$2.11 ₩2,832

$2.26 ₩3,035

-6.64%

White Bread (500g)

$3.05 ₩4,094

$2.31 ₩3,097

32.03%

Rice (white) (1kg)

$2.28 ₩3,066

$2.31 ₩3,103

-1.30%

Eggs

$3.26 ₩4,384

$2.62 ₩3,518

24.43%

Local Cheese (1kg)

$15.83 ₩21.3K

Chicken Fillets (1kg)

$7.98 ₩10.7K

Beef Round Steak (1kg)

$11.35 ₩15.2K

Apples (1kg)

$7.50 ₩10.1K

Banana (1kg)

$3.33 ₩4,470

$2.20 ₩2,957

51.36%

Oranges (1kg)

$5.94 ₩7,977

Tomato (1kg)

$6.30 ₩8,461

Potato (1kg)

$3.48 ₩4,677

$2.97 ₩3,983

17.17%

Onion (1kg)

$2.39 ₩3,214

$1.87 ₩2,510

27.81%

Lettuce (1 head)

$2.11 ₩2,831

$2.28 ₩3,055

-7.46%

Water (1.5 liter bottle)

$1.12 ₩1,497

$0.47 ₩628

138.30%

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 ₩4,596

Wine (Bottle)

$19.16 ₩25.7K

$11.48 ₩15.4K

66.90%

Local Beer (0.5 liter bottle)

$2.24 ₩3,005

$1.85 ₩2,479

21.08%

Imported Beer (0.33 liter bottle)

$3.23 ₩4,331

$1.72 ₩2,308

87.79%

One-way Ticket (Public Transport)

$1.07 ₩1,440

$0.99 ₩1,328

8.08%

Public Transport Monthly Pass (Regular Price)

$25.40 ₩34.1K

Taxi Start (Normal Tariff)

$3.68 ₩4,936

Taxi (Normal Tariff) (1km)

$0.60 ₩810

Taxi 1hour Waiting (Normal Tariff)

$9.25 ₩12.4K

Gasoline (1 liter)

$1.36 ₩1,833

$1.37 ₩1,846

-0.73%

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

$29.2K ₩39.2M

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

$28.3K ₩38.0M

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

$210 ₩282.5K

$214 ₩287.4K

-1.69%

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

$35.72 ₩48.0K

$54.0 ₩72.5K

-33.80%

Internet (50+ Mbps, Unlimited Data)

$21.45 ₩28.8K

$19.65 ₩26.4K

9.16%

Gym Membership (Monthly)

$34.30 ₩46.1K

Tennis Court (1 Hour on Weekend)

$37.83 ₩50.8K

Cinema Ticket

$11.31 ₩15.2K

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

$295 ₩396.4K

International Primary School, 1 Child (Yearly)

$17.8K ₩24.0M

$25.3K ₩34.0M

-29.49%

Jeans (Levis 501 Or Similar)

$60.2 ₩80.9K

$52.7 ₩70.7K

14.33%

Summer Dress (H&M, Zara, etc)

$34.27 ₩46.0K

$29.78 ₩40.0K

15.08%

Sport Shoes (Adidas, Nike)

$66.5 ₩89.3K

$66.6 ₩89.4K

-0.08%

Men's Leather Business Shoes

$83.6 ₩112.2K

$90.8 ₩121.9K

-7.89%

1-bedroom Apartment, City Center (Monthly)

$604 ₩810.4K

$461 ₩618.8K

30.97%

1-bedroom Apartment, Outside City Center (Monthly)

$355 ₩476.3K

$388 ₩521.2K

-8.62%

3-bedroom Apartment, City Center (Monthly)

$1,263 ₩1.7M

$1,372 ₩1.8M

-7.92%

3-bedroom Apartment, Outside City Center (Monthly)

$708 ₩951.2K

$1,192 ₩1.6M

-40.58%

Buy Apartment in City Center (m2)

$6,882 ₩9.2M

$10.8K ₩14.5M

-36.05%

Buy Apartment Outside City Center (m2)

$5,679 ₩7.6M

$6,659 ₩8.9M

-14.72%

Average Monthly Net Salary (After Tax)

$2,460 ₩3.3M

$1,883 ₩2.5M

30.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.08

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

Last update for Incheon: October 25, 2026

Last update for Jeju: October 27, 2026

Monthly budget structure

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

Groceries & Markets

Incheon

$401 29.1%

Jeju

–

Accommodation & Living

Incheon

$355 25.8%

Jeju

–

Monthly Utilities & Internet

Incheon

$268 19.5%

Jeju

–

Eating Out

Incheon

$149 10.9%

Jeju

–

Clothing & Footwear

Incheon

$110 8%

Jeju

–

Sport & Entertainment

Incheon

$57 4.1%

Jeju

–

Getting Around

Incheon

$36 2.6%

Jeju

–

Cost Breakdown

A central one-bedroom costs $604 in Incheon versus $461 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 31% higher in Incheon. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35 in Incheon versus $52 in Jeju. Groceries tell a different story – $401 in Incheon vs $142 in Jeju – so Jeju wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Incheon

🇰🇷 Jeju

🕒 Local time

06:35 6:35 AM

Same time as Incheon

🌤 Weather

👥 Population

2,870,545

469,279

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.45 USD

10,000 KRW = 6.69 EUR

10,000 KRW = 7.45 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

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Incheon
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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 23%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,064 per month in Incheon and $1,677 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: a one-bedroom in the center costs $461 there versus $604 in Incheon.

Groceries cost about 183% more in Incheon, though the gap depends on what you buy.

A mid-range dinner for two costs $35 in Incheon and $52 in Jeju. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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