Cost of Living Comparison Between Seogwipo and Jeju Cost of Living Comparison Between Seogwipo and Jeju

Monthly Cost of Living

A single person spends $1,447 per month in Seogwipo vs $1,089 in Jeju, rent included.

A couple spends around $2,224 per month in Seogwipo vs $1,883 in Jeju, rent included.

A family of three spends $3,002 per month in Seogwipo vs $2,677 in Jeju, rent included.

Seogwipo costs about 33% more than Jeju, driven mainly by Groceries & Markets.

Seogwipo sits 6% above the global median, while Jeju is 20% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.24 ₩9,985

$7.39 ₩10.2K

-2.03%

Three-Course Dinner for Two, Mid-Range

$33.92 ₩46.8K

$51.7 ₩71.3K

-34.40%

Fast Food Meal (McDonalds, etc)

$6.50 ₩8,964

$5.46 ₩7,521

19.05%

Cappuccino

$3.63 ₩4,998

$5.72 ₩7,888

-36.54%

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

$1.53 ₩2,107

$2.18 ₩3,007

-29.82%

Water (0.33 liter bottle)

$0.66 ₩910

$1.91 ₩2,635

-65.45%

Local Beer (0.5 liter draught)

$3.38 ₩4,652

$3.39 ₩4,665

-0.29%

Imported Beer (0.33 liter bottle)

$4.30 ₩5,921

$3.05 ₩4,199

40.98%

Milk (1 liter)

$2.25 ₩3,103

$2.25 ₩3,095

White Bread (500g)

$3.06 ₩4,215

$2.25 ₩3,107

36.00%

Rice (white) (1kg)

$2.95 ₩4,060

$2.19 ₩3,021

34.70%

Eggs

$2.63 ₩3,631

$2.66 ₩3,663

-1.13%

Local Cheese (1kg)

$10.87 ₩15.0K

Chicken Fillets (1kg)

$7.78 ₩10.7K

Beef Round Steak (1kg)

$21.91 ₩30.2K

Apples (1kg)

$7.49 ₩10.3K

Banana (1kg)

$3.71 ₩5,114

$2.12 ₩2,916

75.00%

Oranges (1kg)

$7.63 ₩10.5K

Tomato (1kg)

$5.98 ₩8,248

Potato (1kg)

$4.19 ₩5,775

$2.99 ₩4,119

40.13%

Onion (1kg)

$2.52 ₩3,468

$1.90 ₩2,614

32.63%

Lettuce (1 head)

$2.76 ₩3,805

$2.19 ₩3,016

26.03%

Water (1.5 liter bottle)

$1.27 ₩1,755

$0.43 ₩592

195.35%

Cigarettes 20 Pack (Marlboro, Camel)

$3.38 ₩4,656

Wine (Bottle)

$18.50 ₩25.5K

$10.95 ₩15.1K

68.95%

Local Beer (0.5 liter bottle)

$2.19 ₩3,017

$1.91 ₩2,632

14.66%

Imported Beer (0.33 liter bottle)

$3.50 ₩4,828

$1.69 ₩2,327

107.10%

One-way Ticket (Public Transport)

$1.13 ₩1,558

$0.95 ₩1,308

18.95%

Taxi Start (Normal Tariff)

$3.18 ₩4,384

Taxi (Normal Tariff) (1km)

$0.66 ₩904

Taxi 1hour Waiting (Normal Tariff)

$16.93 ₩23.3K

Gasoline (1 liter)

$1.35 ₩1,857

$1.27 ₩1,754

6.30%

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

$28.8K ₩39.7M

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

$33.8K ₩46.6M

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

$196 ₩270.6K

$208 ₩286.5K

-5.54%

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

$36.72 ₩50.6K

$54.4 ₩74.9K

-32.46%

Internet (50+ Mbps, Unlimited Data)

$22.21 ₩30.6K

$19.80 ₩27.3K

12.17%

Gym Membership (Monthly)

$55.6 ₩76.6K

Tennis Court (1 Hour on Weekend)

$11.85 ₩16.3K

Cinema Ticket

$11.30 ₩15.6K

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

$570 ₩785.4K

International Primary School, 1 Child (Yearly)

$21.3K ₩29.4M

$24.6K ₩33.9M

-13.18%

Jeans (Levis 501 Or Similar)

$63.8 ₩88.0K

$52.1 ₩71.8K

22.51%

Summer Dress (H&M, Zara, etc)

$62.4 ₩86.0K

$29.94 ₩41.3K

108.38%

Sport Shoes (Adidas, Nike)

$75.0 ₩103.4K

$65.0 ₩89.6K

15.43%

Men's Leather Business Shoes

$100 ₩138.0K

$90.8 ₩125.1K

10.34%

1-bedroom Apartment, City Center (Monthly)

$440 ₩605.8K

$466 ₩642.7K

-5.73%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩480.0K

$375 ₩516.8K

-7.11%

3-bedroom Apartment, City Center (Monthly)

$1,156 ₩1.6M

$1,331 ₩1.8M

-13.13%

3-bedroom Apartment, Outside City Center (Monthly)

$720 ₩992.5K

$1,172 ₩1.6M

-38.57%

Buy Apartment in City Center (m2)

$7,103 ₩9.8M

$10.3K ₩14.1M

-30.80%

Buy Apartment Outside City Center (m2)

$5,396 ₩7.4M

$6,750 ₩9.3M

-20.06%

Average Monthly Net Salary (After Tax)

$1,100 ₩1.5M

$1,854 ₩2.6M

-40.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

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

Last update for Seogwipo: September 14, 2026

Last update for Jeju: September 14, 2026

Cost Breakdown

A central one-bedroom costs $440 in Seogwipo versus $466 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 69% higher in Jeju, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $34.00 in Seogwipo versus $52.0 in Jeju. Groceries tell a different story – $432 in Seogwipo vs $139 in Jeju – so Jeju wins on supermarket bills even if dining out costs more.

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

Seogwipo vs Jeju: Cost of Living - Frequently Asked Questions

Yes – Seogwipo is pricier by about 33%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,170 per month in Seogwipo and $1,633 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.

Groceries cost about 212% more in Seogwipo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $34.00 in Seogwipo and $52.0 in Jeju. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Jeju, where all-in costs run around $1,089, than in Seogwipo at $1,447. In Jeju it covers expenses comfortably, while in Seogwipo 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, Seogwipo makes more sense. Both are solid long-term options with distinct trade-offs.