Last update: Oct 2026

Cost of Living Comparison Between Jeju and Gyeonggi

For one person, living is cheaper in Gyeonggi: $1,084 a month against $1,118 in Jeju, rent and utilities included – about $410 less a year. Rent and utilities account for most of the difference.

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Jeju

🇰🇷 South Korea

$1,118

/mo nomad

Gyeonggi

🇰🇷 South Korea

$1,084

/mo nomad

Monthly Cost of Living

How much you'll spend in Jeju and in Gyeonggi

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 Gyeonggi actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,118 in Jeju versus $1,084 in Gyeonggi.

Jeju $1,118
Gyeonggi $1,084

Estimated couple costs with rent: $1,917 in Jeju versus $2,107 in Gyeonggi.

Jeju $1,917
Gyeonggi $2,107

Monthly costs for a family of three with rent: $2,715 in Jeju versus $3,129 in Gyeonggi.

Jeju $2,715
Gyeonggi $3,129

Living in Jeju is roughly 3% more expensive than in Gyeonggi, and outside of rent the biggest gap is in eating out.

Both cities sit below the global median: Jeju 18% lower, Gyeonggi 20% lower.

Meal at Budget Restaurant

$7.33 ₩9,784

$7.51 ₩10.0K

-2.40%

Three-Course Dinner for Two, Mid-Range

$51.9 ₩69.2K

$60.3 ₩80.5K

-13.95%

Fast Food Meal (McDonalds, etc)

$5.61 ₩7,495

$6.12 ₩8,172

-8.33%

Cappuccino

$5.87 ₩7,834

$3.94 ₩5,259

48.98%

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

$2.19 ₩2,924

$1.18 ₩1,571

85.59%

Water (0.33 liter bottle)

$2.06 ₩2,753

$0.73 ₩969

182.19%

Local Beer (0.5 liter draught)

$3.93 ₩5,245

$3.45 ₩4,606

13.91%

Imported Beer (0.33 liter bottle)

$3.07 ₩4,102

$3.08 ₩4,117

-0.32%

Milk (1 liter)

$2.26 ₩3,017

$1.86 ₩2,483

21.51%

White Bread (500g)

$2.31 ₩3,079

Rice (white) (1kg)

$2.31 ₩3,085

Eggs

$2.62 ₩3,498

Apples (1kg)

$11.11 ₩14.8K

Banana (1kg)

$2.20 ₩2,940

$3.82 ₩5,104

-42.41%

Oranges (1kg)

$7.76 ₩10.4K

Potato (1kg)

$2.97 ₩3,960

Onion (1kg)

$1.87 ₩2,496

Lettuce (1 head)

$2.28 ₩3,038

Water (1.5 liter bottle)

$0.47 ₩624

Wine (Bottle)

$11.48 ₩15.3K

Local Beer (0.5 liter bottle)

$1.85 ₩2,465

Imported Beer (0.33 liter bottle)

$1.72 ₩2,295

One-way Ticket (Public Transport)

$0.99 ₩1,321

Taxi Start (Normal Tariff)

$3.24 ₩4,332

Taxi (Normal Tariff) (1km)

$0.62 ₩823

Gasoline (1 liter)

$1.37 ₩1,835

$1.41 ₩1,880

-2.84%

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

$214 ₩285.7K

$195 ₩260.0K

9.90%

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

$54.0 ₩72.0K

$40.69 ₩54.3K

32.61%

Internet (50+ Mbps, Unlimited Data)

$19.65 ₩26.2K

$21.48 ₩28.7K

-8.52%

Gym Membership (Monthly)

$57.0 ₩76.2K

Cinema Ticket

$10.24 ₩13.7K

International Primary School, 1 Child (Yearly)

$25.3K ₩33.8M

Jeans (Levis 501 Or Similar)

$52.7 ₩70.3K

$60.5 ₩80.8K

-13.00%

Summer Dress (H&M, Zara, etc)

$29.78 ₩39.8K

$42.02 ₩56.1K

-29.13%

Sport Shoes (Adidas, Nike)

$66.6 ₩88.9K

$85.4 ₩114.0K

-22.04%

Men's Leather Business Shoes

$90.8 ₩121.2K

1-bedroom Apartment, City Center (Monthly)

$461 ₩615.2K

$533 ₩712.1K

-13.61%

1-bedroom Apartment, Outside City Center (Monthly)

$388 ₩518.2K

$374 ₩498.8K

3.91%

3-bedroom Apartment, City Center (Monthly)

$1,372 ₩1.8M

$2,164 ₩2.9M

-36.59%

3-bedroom Apartment, Outside City Center (Monthly)

$1,192 ₩1.6M

$1,533 ₩2.0M

-22.25%

Buy Apartment in City Center (m2)

$10.8K ₩14.4M

Buy Apartment Outside City Center (m2)

$6,659 ₩8.9M

Average Monthly Net Salary (After Tax)

$1,883 ₩2.5M

$2,228 ₩3.0M

-15.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

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

Last update for Jeju: October 27, 2026

Last update for Gyeonggi: October 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $461 in Jeju and $533 in Gyeonggi. Housing cost is often the main lever when comparing two cities.

Gyeonggi pays 18% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $52 in Jeju vs $60 in Gyeonggi. Groceries flip the comparison at $142 vs $128, with Gyeonggi cheaper for home cooking.

Good to know

🇰🇷 Jeju

🇰🇷 Gyeonggi

🕒 Local time

15:36 3:36 PM

Same time as Jeju

🌤 Weather

👥 Population

469,279

1,234,582

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

Exchange rates and currency converter

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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

Jeju vs Gyeonggi: Cost of Living - Frequently Asked Questions

Gyeonggi is about 3% cheaper overall, especially in eating out, clothing, and groceries. That difference adds up to real monthly savings that compound significantly over time.

On paper, salaries run 15% lower in Jeju. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $461 in Jeju versus $533 in Gyeonggi. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 10% higher in Jeju. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Jeju – a meal for two runs $52 versus $60 in Gyeonggi. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $1,500 a month, though Gyeonggi gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Safety-wise, Jeju and Gyeonggi are both considered safe, so it’s unlikely to be the deciding factor between them.