Last update: Oct 2026

Cost of Living Comparison Between Jeju and Bansko

For one person, living is cheaper in Bansko: $970 a month against $1,111 in Jeju, rent and utilities included – about $1,700 less a year. Higher rent and utilities in Jeju outweigh lower spending on other living expenses.

67

Cost of Living Index in Jeju
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Jeju Living Index
47

Cost of Living Index in Bansko
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Bansko Living Index

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Jeju

🇰🇷 South Korea

$1,111

/mo nomad

Bansko

🇧🇬 Bulgaria

$970

/mo nomad

Monthly Cost of Living

How much you'll spend in Jeju and in Bansko

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

A single person spends $1,111 per month in Jeju vs $970 in Bansko, rent included.

Jeju $1,111
Bansko $970

A couple spends around $1,874 per month in Jeju vs $1,464 in Bansko, rent included.

Jeju $1,874
Bansko $1,464

A family of three spends $2,637 per month in Jeju vs $1,957 in Bansko, rent included.

Jeju $2,637
Bansko $1,957

Jeju costs about 15% more than Bansko, and outside of rent the biggest gap is in groceries.

Both Jeju and Bansko are more affordable than the global median – Jeju 17% lower, Bansko 28% lower.

Meal at Budget Restaurant

$7.26 ₩9,726

$8.66 BGN 15.15

-16.17%

Three-Course Dinner for Two, Mid-Range

$52.0 ₩69.7K

$46.63 BGN 81.6

11.54%

Fast Food Meal (McDonalds, etc)

$5.44 ₩7,291

$9.01 BGN 15.77

-39.62%

Cappuccino

$6.03 ₩8,080

$2.24 BGN 3.92

169.20%

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

$2.22 ₩2,981

$1.50 BGN 2.63

48.00%

Water (0.33 liter bottle)

$1.94 ₩2,595

$0.86 BGN 1.51

125.58%

Local Beer (0.5 liter draught)

$3.58 ₩4,796

$1.76 BGN 3.07

103.41%

Imported Beer (0.33 liter bottle)

$2.91 ₩3,898

$2.00 BGN 3.51

45.50%

Milk (1 liter)

$2.22 ₩2,980

$1.79 BGN 3.14

24.02%

White Bread (500g)

$2.21 ₩2,961

$0.81 BGN 1.42

172.84%

Rice (white) (1kg)

$2.29 ₩3,072

$1.52 BGN 2.66

50.66%

Eggs

$2.70 ₩3,613

$2.30 BGN 4.02

17.39%

Local Cheese (1kg)

$9.60 BGN 16.81

Chicken Fillets (1kg)

$6.32 BGN 11.06

Beef Round Steak (1kg)

$8.64 BGN 15.12

Apples (1kg)

$1.28 BGN 2.24

Banana (1kg)

$2.13 ₩2,859

$1.68 BGN 2.95

26.79%

Oranges (1kg)

$1.70 BGN 2.98

Tomato (1kg)

$1.89 BGN 3.30

Potato (1kg)

$2.93 ₩3,925

$0.93 BGN 1.63

215.05%

Onion (1kg)

$1.87 ₩2,506

$0.76 BGN 1.32

146.05%

Lettuce (1 head)

$2.18 ₩2,925

$0.54 BGN 0.95

303.70%

Water (1.5 liter bottle)

$0.43 ₩577

$0.58 BGN 1.02

-25.86%

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 BGN 6.02

Wine (Bottle)

$11.41 ₩15.3K

$5.14 BGN 9.00

121.98%

Local Beer (0.5 liter bottle)

$1.93 ₩2,588

$1.11 BGN 1.94

73.87%

Imported Beer (0.33 liter bottle)

$1.72 ₩2,300

$1.70 BGN 2.97

1.18%

One-way Ticket (Public Transport)

$0.95 ₩1,272

$0.88 BGN 1.55

7.95%

Public Transport Monthly Pass (Regular Price)

$26.76 BGN 46.83

Taxi Start (Normal Tariff)

$1.29 BGN 2.26

Taxi (Normal Tariff) (1km)

$0.65 BGN 1.14

Taxi 1hour Waiting (Normal Tariff)

$10.18 BGN 17.81

Gasoline (1 liter)

$1.39 ₩1,857

$1.50 BGN 2.63

-7.33%

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

$28.8K BGN 50.4K

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

$21.5K BGN 37.5K

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

$210 ₩281.8K

$91.4 BGN 160

130.02%

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

$54.7 ₩73.3K

$14.68 BGN 25.68

272.75%

Internet (50+ Mbps, Unlimited Data)

$19.28 ₩25.8K

$12.07 BGN 21.12

59.73%

Gym Membership (Monthly)

$32.28 BGN 56.5

Tennis Court (1 Hour on Weekend)

$8.60 BGN 15.05

Cinema Ticket

$5.63 BGN 9.86

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

$228 BGN 400

International Primary School, 1 Child (Yearly)

$24.6K ₩32.9M

$2,311 BGN 4,045

962.98%

Jeans (Levis 501 Or Similar)

$52.2 ₩70.0K

$30.48 BGN 53.3

71.36%

Summer Dress (H&M, Zara, etc)

$29.57 ₩39.6K

$19.01 BGN 33.26

55.55%

Sport Shoes (Adidas, Nike)

$65.8 ₩88.1K

$45.53 BGN 79.7

44.45%

Men's Leather Business Shoes

$89.9 ₩120.5K

$48.67 BGN 85.2

84.75%

1-bedroom Apartment, City Center (Monthly)

$460 ₩616.5K

$521 BGN 913

-11.77%

1-bedroom Apartment, Outside City Center (Monthly)

$382 ₩511.3K

$367 BGN 643

3.87%

3-bedroom Apartment, City Center (Monthly)

$1,317 ₩1.8M

$634 BGN 1,110

107.61%

3-bedroom Apartment, Outside City Center (Monthly)

$1,145 ₩1.5M

$558 BGN 976

105.31%

Buy Apartment in City Center (m2)

$10.4K ₩13.9M

$1,204 BGN 2,106

763.12%

Buy Apartment Outside City Center (m2)

$6,745 ₩9.0M

$971 BGN 1,699

594.63%

Average Monthly Net Salary (After Tax)

$1,840 ₩2.5M

$1,670 BGN 2,923

10.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.99

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

Last update for Jeju: October 3, 2026

Last update for Bansko: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Jeju

$382 34.6%

Bansko

$367 38% 3.7% $14

Monthly Utilities & Internet

Jeju

$284 25.8%

Bansko

$118 12.2% 58.4% $166

Eating Out

Jeju

$187 17%

Bansko

$145 15% 22.3% $42

Groceries & Markets

Jeju

$139 * 12.6%

Bansko

$193 20% 38.5% $54

Clothing & Footwear

Jeju

$107 9.7%

Bansko

$65 6.7% 39.5% $42

Getting Around

Jeju

$3.8 * 0.3%

Bansko

$35 3.6% 817% $31

Sport & Entertainment

Jeju

- * 0%

Bansko

$44 4.5%

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

Cost Breakdown

A central one-bedroom costs $460 in Jeju versus $521 in Bansko. 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 10% higher in Jeju, 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 $52.0 in Jeju versus $47.00 in Bansko. Groceries tell a different story – $139 in Jeju vs $193 in Bansko – so Jeju wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Jeju

🇧🇬 Bansko

🕒 Local time

19:07 7:07 PM

13:07 1:07 PM

6 h behind Jeju

🌤 Weather

👥 Population

469,279

8,000

💱 Currency

South Korean Won KRW ₩

Bulgarian Lev BGN лв.

📈 Exchange rate

10,000 KRW = 7.46 USD

10,000 KRW = 6.66 EUR

1 BGN = 0.571 USD

1 BGN = 0.51 EUR

Exchange rates and currency converter

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

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,340 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,502 KRW (10,000 KRW = 6.66 EUR).

Bulgarian Lev exchange rates as of October 10, 2026: 1 USD = 1.75 BGN (1 BGN = 0.571 USD). 1 EUR = 1.96 BGN (1 BGN = 0.51 EUR).

USD to KRW in detail →

On the map

Lowest

Highest

Between locations

Jeju Bansko 8,540 km ≈ 11 h nonstop flight

From you

Jeju
Bansko

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

Jeju vs Bansko: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,111 in Jeju, $970 in Bansko – roughly 15% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,667 per month in Jeju and $1,455 in Bansko. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Bansko, 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 $52.0 in Jeju and $47.00 in Bansko. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,111 in Jeju and $970 in Bansko. That's a gap of about 15%.

A $2,000 monthly budget goes further in Bansko, where all-in costs run around $970, than in Jeju at $1,111. In Bansko it covers expenses comfortably, while in Jeju it requires careful planning or may not stretch far enough.

It depends on your priorities. Bansko has an edge in some lifestyle areas, with costs from $970 in Bansko to $1,111 in Jeju. Climate, culture, job market, and personal taste all factor in.

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 Bansko. If higher salaries, better infrastructure, or specific career opportunities are the priority, Jeju makes more sense. Both are solid long-term options with distinct trade-offs.