Cost of Living in Incheon

Summary about cost of living in Incheon, South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 7,000.00 ₩ 5,000.00-10,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 35,000.00 ₩ 30,000.00-50,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 5,500.00 ₩ 5,000.00-5,900.00
Domestic Beer (1 pint draught) 4,000.00 ₩ 2,700.00-4,000.00
Imported Beer (12 oz small bottle) 5,000.00 ₩ 3,000.00-6,000.00
Cappuccino (regular) 4,762.50 ₩ 1,500.00-6,000.00
Coke/Pepsi (12 oz small bottle) 1,671.43 ₩ 1,000.00-2,500.00
Water (12 oz small bottle) 885.71 ₩ 500.00-1,000.00
Markets
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Milk (regular), (1 gallon) 10,977.70 ₩ 7,154.43-15,141.65
Loaf of Fresh White Bread (1 lb) 3,243.19 ₩ 2,267.96-4,082.34
Rice (white), (1 lb) 2,350.75 ₩ 1,587.58-4,535.93
Eggs (regular) (12) 4,450.00 ₩ 2,396.00-6,000.00
Local Cheese (1 lb) 5,981.76 ₩ 3,628.74-9,071.86
Chicken Fillets (1 lb) 4,740.05 ₩ 2,948.35-5,896.71
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12,916.06 ₩ 4,535.93-19,912.73
Apples (1 lb) 3,107.11 ₩ 1,360.78-3,628.74
Banana (1 lb) 1,984.47 ₩ 1,133.98-2,267.96
Oranges (1 lb) 3,061.75 ₩ 2,041.17-3,628.74
Tomato (1 lb) 3,288.55 ₩ 1,814.37-5,896.71
Potato (1 lb) 1,530.88 ₩ 907.19-2,267.96
Onion (1 lb) 1,247.38 ₩ 680.39-1,360.78
Lettuce (1 head) 1,875.00 ₩ 1,000.00-2,500.00
Water (1.5 liter bottle) 1,450.00 ₩ 700.00-2,000.00
Bottle of Wine (Mid-Range) 16,000.00 ₩ 8,000.00-20,000.00
Domestic Beer (0.5 liter bottle) 2,875.00 ₩ 1,800.00-5,000.00
Imported Beer (12 oz small bottle) 3,500.00 ₩ 1,800.00-5,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00-10,000.00
Transportation
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One-way Ticket (Local Transport) 1,250.00 ₩ 1,250.00-1,350.00
Monthly Pass (Regular Price) 51,250.00 ₩ 50,000.00-60,000.00
Taxi Start (Normal Tariff) 3,800.00 ₩ 3,800.00-7,000.00
Taxi 1 mile (Normal Tariff) 1,231.95 ₩ 1,126.54-2,172.62
Taxi 1hour Waiting (Normal Tariff) 13,500.00 ₩ 10,285.00-18,000.00
Gasoline (1 gallon) 6,400.98 ₩ 5,943.10-7,047.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000,000.00 ₩ 30,000,000.00-32,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,833,711.00 ₩ 28,933,333.00-29,311,111.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 162,063.49 ₩ 140,000.00-202,380.95
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 165.21 ₩ 78.00-150.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 24,500.00 ₩ 20,000.00-35,000.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 40,000.00 ₩ 30,000.00-50,000.00
Tennis Court Rent (1 Hour on Weekend) 17,500.00 ₩ 15,000.00-20,000.00
Cinema, International Release, 1 Seat 11,000.00 ₩ 9,000.00-20,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 400,000.00 ₩ 300,000.00-500,000.00
International Primary School, Yearly for 1 Child 30,037,886.00 ₩ 20,000,000.00-36,000,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 84,000.00 ₩ 50,000.00-120,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 63,333.33 ₩ 40,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range) 112,250.00 ₩ 60,000.00-120,000.00
1 Pair of Men Leather Business Shoes 182,500.00 ₩ 100,000.00-200,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 633,333.33 ₩ 500,000.00-800,000.00
Apartment (1 bedroom) Outside of Centre 366,666.67 ₩ 300,000.00-400,000.00
Apartment (3 bedrooms) in City Centre 1,325,000.00 ₩ 1,200,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 800,000.00 ₩ 600,000.00-1,000,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,114,827.20 ₩ 464,511.33-1,486,436.27
Price per Square Feet to Buy Apartment Outside of Centre 766,443.70 ₩ 278,706.80-1,207,729.47
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,515,000.00 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.88 2.60-4.10

Prices in Incheon

This city had 75 entries in the past 12 months by 9 different contributors.
Last update: June 2022
Sources and References
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