Cost of Living Comparison Between Seoul and Incheon 
| Indices Difference |  |
|---|---|
| Consumer Prices in Incheon are 20.5% lower than in Seoul (without rent) | |
| Consumer Prices Including Rent in Incheon are 27.8% lower than in Seoul | |
| Rent Prices in Incheon are 47.1% lower than in Seoul | |
| Restaurant Prices in Incheon are 18.6% lower than in Seoul | |
| Groceries Prices in Incheon are 28.4% lower than in Seoul | |
| Local Purchasing Power in Incheon is 3.3% higher than in Seoul | |
Restaurants | Seoul Edit |
Incheon Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 10,500.00 ₩ | 9,000.00 ₩ | -14.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 70,000.00 ₩ | 50,000.00 ₩ | -28.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8,000.00 ₩ | 7,500.00 ₩ | -6.2 % |
| Domestic Beer (1 pint draught) | 5,000.00 ₩ | 4,000.00 ₩ | -20.0 % |
| Imported Beer (12 oz small bottle) | 7,000.00 ₩ | 6,000.00 ₩ | -14.3 % |
| Cappuccino (regular) | 5,266.41 ₩ | 4,833.33 ₩ | -8.2 % |
| Coke/Pepsi (12 oz small bottle) | 2,111.86 ₩ | 1,875.00 ₩ | -11.2 % |
| Water (12 oz small bottle) | 1,078.08 ₩ | 1,016.67 ₩ | -5.7 % |
Markets | Seoul Edit |
Incheon Edit | |
| Milk (regular), (1 gallon) | 11,080.78 ₩ | 11,080.78 ₩ | 0.0 % |
| Loaf of Fresh White Bread (1 lb) | 3,783.81 ₩ | 3,783.81 ₩ | 0.0 % |
| Rice (white), (1 lb) | 2,111.05 ₩ | 2,111.05 ₩ | 0.0 % |
| Eggs (regular) (12) | 4,480.91 ₩ | 4,480.91 ₩ | 0.0 % |
| Local Cheese (1 lb) | 7,209.90 ₩ | 6,407.00 ₩ | -11.1 % |
| Chicken Fillets (1 lb) | 6,340.04 ₩ | 3,825.30 ₩ | -39.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 24,560.30 ₩ | 9,071.86 ₩ | -63.1 % |
| Apples (1 lb) | 4,152.23 ₩ | 2,857.64 ₩ | -31.2 % |
| Banana (1 lb) | 2,167.70 ₩ | 1,814.37 ₩ | -16.3 % |
| Oranges (1 lb) | 3,620.41 ₩ | 3,620.41 ₩ | 0.0 % |
| Tomato (1 lb) | 3,668.86 ₩ | 3,668.86 ₩ | 0.0 % |
| Potato (1 lb) | 2,571.87 ₩ | 1,889.97 ₩ | -26.5 % |
| Onion (1 lb) | 1,938.69 ₩ | 1,133.98 ₩ | -41.5 % |
| Lettuce (1 head) | 3,315.74 ₩ | 2,000.00 ₩ | -39.7 % |
| Water (1.5 liter bottle) | 1,527.64 ₩ | 1,500.00 ₩ | -1.8 % |
| Bottle of Wine (Mid-Range) | 25,000.00 ₩ | 22,500.00 ₩ | -10.0 % |
| Domestic Beer (0.5 liter bottle) | 3,384.59 ₩ | 3,000.00 ₩ | -11.4 % |
| Imported Beer (12 oz small bottle) | 3,886.39 ₩ | 3,333.33 ₩ | -14.2 % |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | 4,500.00 ₩ | 0.0 % |
Transportation | Seoul Edit |
Incheon Edit | |
| One-way Ticket (Local Transport) | 1,450.00 ₩ | 1,400.00 ₩ | -3.4 % |
| Monthly Pass (Regular Price) | 61,000.00 ₩ | 34,434.29 ₩ | -43.6 % |
| Taxi Start (Normal Tariff) | 4,800.00 ₩ | 4,800.00 ₩ | 0.0 % |
| Taxi 1 mile (Normal Tariff) | 1,609.34 ₩ | 1,231.95 ₩ | -23.4 % |
| Taxi 1hour Waiting (Normal Tariff) | 12,000.00 ₩ | 11,400.00 ₩ | -5.0 % |
| Gasoline (1 gallon) | 6,359.53 ₩ | 6,315.89 ₩ | -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) | 33,894,531.25 ₩ | 19,000,000.00 ₩ | -43.9 % |
Utilities (Monthly) | Seoul Edit |
Incheon Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 243,171.59 ₩ | 243,171.59 ₩ | 0.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 59,434.21 ₩ | 59,434.21 ₩ | 0.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 32,383.44 ₩ | 30,666.67 ₩ | -5.3 % |
Sports And Leisure | Seoul Edit |
Incheon Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 69,621.21 ₩ | 48,000.00 ₩ | -31.1 % |
| Tennis Court Rent (1 Hour on Weekend) | 24,637.78 ₩ | 50,000.00 ₩ | +102.9 % |
| Cinema, International Release, 1 Seat | 15,000.00 ₩ | 15,000.00 ₩ | 0.0 % |
Childcare | Seoul Edit |
Incheon Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 517,833.33 ₩ | 300,000.00 ₩ | -42.1 % |
| International Primary School, Yearly for 1 Child | 27,654,545.45 ₩ | 27,654,545.45 ₩ | 0.0 % |
Clothing And Shoes | Seoul Edit |
Incheon Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 79,325.73 ₩ | 79,325.73 ₩ | 0.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 58,898.11 ₩ | 50,000.00 ₩ | -15.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 116,545.45 ₩ | 97,500.00 ₩ | -16.3 % |
| 1 Pair of Men Leather Business Shoes | 167,039.67 ₩ | 140,000.00 ₩ | -16.2 % |
Rent Per Month | Seoul Edit |
Incheon Edit | |
| Apartment (1 bedroom) in City Centre | 1,171,125.84 ₩ | 525,000.00 ₩ | -55.2 % |
| Apartment (1 bedroom) Outside of Centre | 713,252.12 ₩ | 375,000.00 ₩ | -47.4 % |
| Apartment (3 bedrooms) in City Centre | 3,660,293.86 ₩ | 1,933,333.33 ₩ | -47.2 % |
| Apartment (3 bedrooms) Outside of Centre | 2,113,183.40 ₩ | 1,216,666.67 ₩ | -42.4 % |
Buy Apartment Price | Seoul Edit |
Incheon Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 2,397,565.97 ₩ | 1,055,706.52 ₩ | -56.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,373,648.50 ₩ | 836,120.40 ₩ | -39.1 % |
Salaries And Financing | Seoul Edit |
Incheon Edit | |
| Average Monthly Net Salary (After Tax) | 3,958,303.32 ₩ | 2,950,000.00 ₩ | -25.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.06 | 3.55 | -29.9 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 210 | 20 |
Moving to Seoul? Explore:
Moving to Incheon? Explore:
Cities near Seoul: | Cost of Living in Bucheon | 14.63 miles |
| Cost of Living in Anyang | 16.48 miles |
| Cost of Living in Seongnam | 17.54 miles |
| Cost of Living in Uijeongbu | 17.54 miles |
| Cost of Living in Incheon | 19.09 miles |
| Cost of Living in Ilsan | 19.10 miles |
| Cost of Living in Gimpo | 19.16 miles |
| Cost of Living in Gunpo | 19.35 miles |
| Cost of Living in Suji-gu | 20.07 miles |
| Cost of Living in Yangju-si | 20.74 miles |
Cities near Incheon: | Cost of Living in Bucheon | 6.30 miles |
| Cost of Living in Ansan | 16.82 miles |
| Cost of Living in Anyang | 17.92 miles |
| Cost of Living in Gunpo | 19.71 miles |
| Cost of Living in Seoul | 19.90 miles |
| Cost of Living in Gimpo | 20.36 miles |
| Cost of Living in Ilsan | 25.64 miles |
| Cost of Living in Suwon | 29.93 miles |
| Cost of Living in Suji-gu | 30.44 miles |
| Cost of Living in Seongnam | 32.30 miles |