Cost of Living Comparison Between Jeju and Liberia Cost of Living Comparison Between Jeju and Liberia

Monthly Cost of Living

Monthly costs for one person with rent: $1,074 in Jeju versus $1,642 in Liberia.

Estimated couple costs with rent: $1,819 in Jeju versus $2,315 in Liberia.

Monthly costs for a family of three with rent: $2,563 in Jeju versus $2,989 in Liberia.

Living in Jeju costs roughly 35% less than in Liberia, driven mainly by Groceries & Markets.

The two cities straddle the global median: Jeju is 22% below, Liberia is 19% above.

Meal at Budget Restaurant

$7.52 ₩10.2K

$11.14 ₡4,965

-32.50%

Three-Course Dinner for Two, Mid-Range

$52.1 ₩70.8K

$39.52 ₡17.6K

31.76%

Fast Food Meal (McDonalds, etc)

$5.35 ₩7,271

$11.16 ₡4,971

-52.06%

Cappuccino

$5.96 ₩8,103

$3.56 ₡1,587

67.42%

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

$2.17 ₩2,947

$2.00 ₡890

8.50%

Water (0.33 liter bottle)

$1.89 ₩2,576

$1.71 ₡764

10.53%

Local Beer (0.5 liter draught)

$3.39 ₩4,610

$2.71 ₡1,206

25.09%

Imported Beer (0.33 liter bottle)

$2.85 ₩3,871

$4.39 ₡1,956

-35.08%

Milk (1 liter)

$2.14 ₩2,908

$2.47 ₡1,101

-13.36%

White Bread (500g)

$2.17 ₩2,944

$3.13 ₡1,394

-30.67%

Rice (white) (1kg)

$2.18 ₩2,961

$2.43 ₡1,083

-10.29%

Eggs

$2.60 ₩3,536

$3.46 ₡1,544

-24.86%

Local Cheese (1kg)

$7.91 ₡3,525

Chicken Fillets (1kg)

$8.09 ₡3,603

Beef Round Steak (1kg)

$12.84 ₡5,719

Apples (1kg)

$5.08 ₡2,264

Banana (1kg)

$2.06 ₩2,799

$1.53 ₡680

34.64%

Oranges (1kg)

$2.56 ₡1,139

Tomato (1kg)

$3.16 ₡1,408

Potato (1kg)

$2.99 ₩4,071

$3.94 ₡1,756

-24.11%

Onion (1kg)

$1.81 ₩2,465

$2.63 ₡1,172

-31.18%

Lettuce (1 head)

$2.17 ₩2,951

$1.08 ₡481

100.93%

Water (1.5 liter bottle)

$0.45 ₩615

$2.19 ₡978

-79.45%

Cigarettes 20 Pack (Marlboro, Camel)

$5.27 ₡2,348

Wine (Bottle)

$10.91 ₩14.8K

$15.63 ₡6,963

-30.20%

Local Beer (0.5 liter bottle)

$1.83 ₩2,482

$2.33 ₡1,040

-21.46%

Imported Beer (0.33 liter bottle)

$1.62 ₩2,206

$3.57 ₡1,592

-54.62%

One-way Ticket (Public Transport)

$0.94 ₩1,274

$1.13 ₡502

-16.81%

Public Transport Monthly Pass (Regular Price)

$55.5 ₡24.7K

Taxi Start (Normal Tariff)

$2.51 ₡1,116

Taxi (Normal Tariff) (1km)

$1.59 ₡706

Taxi 1hour Waiting (Normal Tariff)

$9.07 ₡4,040

Gasoline (1 liter)

$1.26 ₩1,710

$1.56 ₡694

-19.23%

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

$22.0K ₡9.8M

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

$34.9K ₡15.5M

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

$209 ₩284.0K

$94.4 ₡42.1K

121.33%

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

$52.5 ₩71.4K

$31.40 ₡14.0K

67.20%

Internet (50+ Mbps, Unlimited Data)

$19.46 ₩26.5K

$40.19 ₡17.9K

-51.58%

Gym Membership (Monthly)

$48.96 ₡21.8K

Tennis Court (1 Hour on Weekend)

$35.11 ₡15.6K

Cinema Ticket

$8.18 ₡3,645

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

$1,011 ₡450.5K

International Primary School, 1 Child (Yearly)

$24.8K ₩33.7M

$17.5K ₡7.8M

41.94%

Jeans (Levis 501 Or Similar)

$49.90 ₩67.8K

$65.8 ₡29.3K

-24.15%

Summer Dress (H&M, Zara, etc)

$28.86 ₩39.2K

$37.46 ₡16.7K

-22.96%

Sport Shoes (Adidas, Nike)

$66.0 ₩89.8K

$129 ₡57.5K

-48.80%

Men's Leather Business Shoes

$88.8 ₩120.7K

$91.3 ₡40.7K

-2.82%

1-bedroom Apartment, City Center (Monthly)

$456 ₩619.3K

$818 ₡364.4K

-44.29%

1-bedroom Apartment, Outside City Center (Monthly)

$363 ₩493.4K

$625 ₡278.7K

-41.96%

3-bedroom Apartment, City Center (Monthly)

$1,341 ₩1.8M

$962 ₡428.5K

39.43%

3-bedroom Apartment, Outside City Center (Monthly)

$1,113 ₩1.5M

$768 ₡342.1K

44.92%

Buy Apartment in City Center (m2)

$10.3K ₩14.0M

Buy Apartment Outside City Center (m2)

$6,615 ₩9.0M

Average Monthly Net Salary (After Tax)

$1,824 ₩2.5M

$899 ₡400.6K

102.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.78

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

Last update for Jeju: August 31, 2026

Last update for Liberia: August 29, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $456 in Jeju and $818 in Liberia. Housing cost is often the main lever when comparing two cities.

Jeju pays 103% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $52.0 in Jeju vs $40.00 in Liberia. Groceries flip the comparison at $135 vs $341, with Jeju cheaper for home cooking.

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 Liberia: Cost of Living - Frequently Asked Questions

Jeju wins on cost – living expenses run 53% lower than in Liberia. Housing and daily spending are where you'll feel the difference most, making Jeju the obvious pick if budget is a priority.

Average pay runs 103% higher in Jeju, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $456 in Jeju versus $818 in Liberia. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,074 per month in Jeju versus $1,642 in Liberia – a 53% gap that adds up to real savings over time for anyone picking the cheaper option.

Supermarket bills run roughly 152% higher in Liberia. For households that cook at home regularly, that difference adds up over a month.

At $1,074 in Jeju versus $1,642 in Liberia, a $1,500 budget is realistic in Jeju but tight or insufficient in Liberia. The gap between the two cities makes Jeju the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Jeju and Liberia are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Jeju gentler on the wallet – expenses run 53% less than in Liberia. Beyond cost, consider language, visa policies, and how big the international community is in each city.