Cost of Living Comparison Between Incheon and Seoul 

Indices DifferenceInfo
Consumer Prices in Seoul are 27.5% higher than in Incheon (without rent)
Consumer Prices Including Rent in Seoul are 39.3% higher than in Incheon
Rent Prices in Seoul are 84.9% higher than in Incheon
Restaurant Prices in Seoul are 24.4% higher than in Incheon
Groceries Prices in Seoul are 41.8% higher than in Incheon
Local Purchasing Power in Seoul is 4.8% lower than in Incheon
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Incheon Edit Seoul Edit Difference
Meal, Inexpensive Restaurant 9,000.00 ₩ 11,000.00 ₩      +22.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 ₩ 70,000.00 ₩      +40.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7,500.00 ₩ 8,000.00 ₩      +6.7 %
Domestic Beer (1 pint draught) 4,000.00 ₩ 5,000.00 ₩      +25.0 %
Imported Beer (12 oz small bottle) 6,000.00 ₩ 7,000.00 ₩      +16.7 %
Cappuccino (regular) 4,833.33 ₩ 5,243.06 ₩      +8.5 %
Coke/Pepsi (12 oz small bottle) 1,875.00 ₩ 2,112.78 ₩      +12.7 %
Water (12 oz small bottle) 1,016.67 ₩ 1,109.16 ₩      +9.1 %
Markets
Incheon Edit Seoul Edit
Milk (regular), (1 gallon) 11,129.56 ₩ 11,129.56 ₩      0.0 %
Loaf of Fresh White Bread (1 lb) 3,628.74 ₩ 3,774.59 ₩      +4.0 %
Rice (white), (1 lb) 1,691.90 ₩ 2,108.33 ₩      +24.6 %
Eggs (regular) (12) 4,478.65 ₩ 4,478.65 ₩      0.0 %
Local Cheese (1 lb) 7,316.03 ₩ 7,316.03 ₩      0.0 %
Chicken Fillets (1 lb) 3,061.75 ₩ 6,501.09 ₩      +112.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9,071.86 ₩ 23,449.70 ₩      +158.5 %
Apples (1 lb) 3,401.95 ₩ 4,169.67 ₩      +22.6 %
Banana (1 lb) 1,814.37 ₩ 2,157.66 ₩      +18.9 %
Oranges (1 lb) 3,500.22 ₩ 3,500.22 ₩      0.0 %
Tomato (1 lb) 2,721.56 ₩ 3,703.44 ₩      +36.1 %
Potato (1 lb) 1,700.97 ₩ 2,568.66 ₩      +51.0 %
Onion (1 lb) 1,020.58 ₩ 1,942.95 ₩      +90.4 %
Lettuce (1 head) 2,250.00 ₩ 3,361.20 ₩      +49.4 %
Water (1.5 liter bottle) 1,333.33 ₩ 1,526.74 ₩      +14.5 %
Bottle of Wine (Mid-Range) 22,500.00 ₩ 25,000.00 ₩      +11.1 %
Domestic Beer (0.5 liter bottle) 2,666.67 ₩ 3,525.20 ₩      +32.2 %
Imported Beer (12 oz small bottle) 2,500.00 ₩ 3,876.93 ₩      +55.1 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00 ₩      0.0 %
Transportation
Incheon Edit Seoul Edit
One-way Ticket (Local Transport) 1,400.00 ₩ 1,450.00 ₩      +3.6 %
Monthly Pass (Regular Price) 34,009.48 ₩ 61,000.00 ₩      +79.4 %
Taxi Start (Normal Tariff) 4,800.00 ₩ 4,800.00 ₩      0.0 %
Taxi 1 mile (Normal Tariff) 1,231.95 ₩ 1,609.34 ₩      +30.6 %
Taxi 1hour Waiting (Normal Tariff) 11,400.00 ₩ 12,000.00 ₩      +5.3 %
Gasoline (1 gallon) 6,315.89 ₩ 6,359.53 ₩      +0.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩ 37,731,000.00 ₩      0.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 19,000,000.00 ₩ 34,450,892.86 ₩      +81.3 %
Utilities (Monthly)
Incheon Edit Seoul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 245,357.30 ₩ 245,357.30 ₩      0.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 60,381.58 ₩ 60,381.58 ₩      0.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30,666.67 ₩ 32,361.65 ₩      +5.5 %
Sports And Leisure
Incheon Edit Seoul Edit
Fitness Club, Monthly Fee for 1 Adult 46,000.00 ₩ 71,031.75 ₩      +54.4 %
Tennis Court Rent (1 Hour on Weekend) 50,000.00 ₩ 28,620.00 ₩      -42.8 %
Cinema, International Release, 1 Seat 15,000.00 ₩ 15,000.00 ₩      0.0 %
Childcare
Incheon Edit Seoul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 300,000.00 ₩ 517,833.33 ₩      +72.6 %
International Primary School, Yearly for 1 Child 27,654,545.45 ₩ 27,654,545.45 ₩      0.0 %
Clothing And Shoes
Incheon Edit Seoul Edit
1 Pair of Jeans (Levis 501 Or Similar) 81,666.67 ₩ 83,308.30 ₩      +2.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50,000.00 ₩ 60,656.82 ₩      +21.3 %
1 Pair of Nike Running Shoes (Mid-Range) 97,500.00 ₩ 116,545.45 ₩      +19.5 %
1 Pair of Men Leather Business Shoes 140,000.00 ₩ 172,647.06 ₩      +23.3 %
Rent Per Month
Incheon Edit Seoul Edit
Apartment (1 bedroom) in City Centre 525,000.00 ₩ 1,167,261.47 ₩      +122.3 %
Apartment (1 bedroom) Outside of Centre 375,000.00 ₩ 704,545.45 ₩      +87.9 %
Apartment (3 bedrooms) in City Centre 1,933,333.33 ₩ 3,658,440.06 ₩      +89.2 %
Apartment (3 bedrooms) Outside of Centre 1,216,666.67 ₩ 1,958,192.24 ₩      +60.9 %
Buy Apartment Price
Incheon Edit Seoul Edit
Price per Square Feet to Buy Apartment in City Centre 1,055,706.52 ₩ 2,395,334.46 ₩      +126.9 %
Price per Square Feet to Buy Apartment Outside of Centre 836,120.40 ₩ 1,372,751.55 ₩      +64.2 %
Salaries And Financing
Incheon Edit Seoul Edit
Average Monthly Net Salary (After Tax) 2,950,000.00 ₩ 3,911,241.37 ₩      +32.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 5.11      +43.9 %
Last update: May 2024May 2024
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