Cost of living and prices in Daejeon, prices of food, rent, shopping, etc. 🇰🇷
Updated Jul 2023
Daejeon is a vibrant city in South Korea with a population of 1.4 million people. The city is located in Eastern Asia, with coordinates of 36.35041 latitude and 127.38455 longitude, and sits at an elevation of 71 meters above sea level.
Despite being a modern city with all the amenities, Daejeon maintains a lower cost of living than other major South Korean cities like Seoul and Busan. The city offers affordable housing, transportation, and food prices. Additionally, Daejeon is home to numerous universities and research centers, providing plenty of job opportunities for expats.
Overall, Daejeon offers a high quality of life with a lower cost of living compared to other major cities in South Korea. Locals and expats can enjoy a range of cultural attractions, scenic parks, shopping districts, and dining options while saving money on day-to-day expenses.
Cost of Living Estimate in Daejeon
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Restaurants prices
If you are a foodie visiting Daejeon, South Korea, you are in for a treat. The city is filled with restaurants offering delicious Korean cuisine, from traditional dishes like bibimbap and bulgogi to modern fusion cuisine. One of the most popular dining areas is Dongmun Traditional Market, which is a great place to experience authentic Korean street food and snacks. The market is bustling with vendors selling everything from tteokbokki (spicy rice cakes) to hotteok (sweet pancakes filled with cinnamon and brown sugar). For a more upscale dining experience, you can head to the Yuseong Hot Springs area, where there are many high-end restaurants serving Korean and international dishes.
Another great option for dining in Daejeon is to try out the local specialty, which is Gopchang. Gopchang is grilled small intestines and it is a popular dish in the city. There are several restaurants in Daejeon that specialize in Gopchang, and it is definitely worth trying if you are interested in Korean cuisine. In addition to Gopchang, Daejeon is known for its abundance of fried chicken restaurants. The crispy fried chicken is typically served with beer, making it a popular choice for a night out on the town. Whether you are looking for traditional Korean cuisine or want to try something new, Daejeon has plenty of options to satisfy your cravings!
Markets prices
Daejeon, located in the heart of South Korea, is known for its bustling market scene. With a range of options from traditional local markets to modern outlets, the prices here vary widely based on the type of product and location. Visitors can stroll through the street markets and find fresh produce, clothing, and souvenirs at reasonable prices, while upscale shopping centers offer high-end goods at a premium cost.
The city's food markets are particularly popular, offering an array of traditional Korean dishes like bibimbap, Korean fried chicken, and tteokbokki at affordable prices. Street vendors are a common sight in Daejeon, offering quick and tasty snacks at reasonable prices. Whether you're in the market for a bargain or ready to splurge on high-quality goods, Daejeon's markets have something for everyone.
Transportation prices
Daejeon, South Korea’s fifth-largest city, is a bustling urban center with plenty of ways to get around. One of the most popular options is the city’s extensive bus system, which features frequent routes and easy-to-understand signage. Buses are a great way to get from one end of the city to the other, and there are plenty of stops throughout Daejeon that make it easy to hop on and off as needed. For those looking for a more personal mode of transportation, taxis are readily available and reasonably priced. Taxis are a great option for travelers who want to make the most of their time in Daejeon.
If you’re looking for a fun and unique way to get around Daejeon, consider renting a bicycle. The city has an extensive network of bike lanes and rental stations that make it easy to see the sights while getting some exercise. Whether you’re cruising around Dunsan or exploring the city’s beautiful parks, a bike is a great way to get up close and personal with all that Daejeon has to offer. Plus, with rental stations located throughout the city, it’s easy to pick up and drop off your bike as needed. So why not take a spin on two wheels and see Daejeon from a new perspective?
Utilities Per Month prices
If you are planning to travel to Daejeon, you might be interested to know about the utilities cost in the area. Generally speaking, the cost of utilities in Daejeon is relatively affordable compared to other major cities in South Korea. This means that you can expect to pay less for water, electricity, gas, and other essential services, which could help you save money during your trip.
In terms of specific costs, it's worth noting that electricity tends to be the most expensive utility in Daejeon. This is because the city relies heavily on air conditioning during the hot and humid summers. However, you can still keep your electricity costs down by practicing energy-saving habits, such as turning off lights and electronics when not in use. Meanwhile, water and gas tend to be relatively cheap and affordable in the area, so you can expect to pay reasonable prices for these utilities during your time in Daejeon.
Sports And Leisure prices
Daejeon, South Korea is a paradise for sports and leisure enthusiasts. If you're looking for adventure, you can enjoy hiking in the many mountains around the city. There are also various parks and recreational areas throughout the city, where you can enjoy a picnic with friends or family. The city is also known for its modern sports facilities, including a large-scale sports field and an indoor rock climbing gym. Whether you're a beginner or an experienced athlete, there are plenty of opportunities to participate in sports and stay active in Daejeon.
For those interested in relaxation, Daejeon has plenty of options. There are many hot springs and traditional Korean saunas in the city where you can relax and unwind after a long day. You can also escape the noise of the city by visiting the many temples and meditation centers that are dotted throughout the area. If you'd rather spend your leisure time shopping or experiencing local culture, Daejeon offers a wide range of options including art museums, theaters, and shopping malls. No matter what your interests, Daejeon has something for everyone to enjoy.
Salaries And Financing prices
Salaries and Financing in Daejeon, South Korea can vary depending on the industry and career field. Overall, the cost of living in Daejeon can be considered moderate compared to other major cities in the country. The average salary for a professional in Daejeon is competitive, but it is important to keep in mind that living expenses like housing and transportation may be higher in certain areas. It's always a good idea to research specific salary ranges for your desired career before moving to Daejeon.
Financing options in Daejeon are plentiful, with many major banks and financial institutions available throughout the city. It's important to note that credit cards are widely accepted and used in Daejeon, making it easy to manage and track expenses. Additionally, there are many affordable options for dining and entertainment in Daejeon, making it easy to budget and save money. Whether you're looking to invest in a new business or simply manage your finances while traveling, Daejeon has plenty of options to suit your needs.
Childcare prices
In Daejeon, South Korea, childcare prices are relatively high compared to other cities in the country. The cost of sending a child to a school or kindergarten can be a significant burden on families. However, this cost is often necessary as both parents usually work full-time jobs. The level of education and care provided in these institutions is generally high, with a strong focus on academic achievement and building social skills.
Schools and kindergartens in Daejeon offer a range of facilities and activities to children, including language classes, sports, and music lessons. Most schools provide meals and snacks to the children, ensuring they are well-fed and nourished throughout the day. The staff members in these institutions are highly qualified and trained to provide the best care for the children. In addition, schools and kindergartens in Daejeon operate on a strict schedule, ensuring that children are exposed to a structured learning environment from a young age.
Clothing And Shoes prices
Daejeon, South Korea provides a diverse range of clothing and shoe options for residents and visitors. Department stores like Lotte and Homeplus offer a broad selection of clothing from Korean and international brands. For those seeking more high-end fashion, the City Hall area has a variety of boutique shops with designer clothing and accessories. Students and younger shoppers can find affordable clothing at fashion markets like Dunsan Wholesale Market.
Shoe enthusiasts will also find the shopping scene in Daejeon to be accommodating. Large shoe stores like ABC Mart and Shoemart carry a variety of trendy, casual, and athletic footwear for any occasion. For those looking for specialty shoes, the underground shopping centers in Dunsan or near Daejeon Station boast numerous shoe shops with unique designs and styles. No matter the preference, Daejeon offers a variety of options for individuals looking to update their wardrobe or shoe collection.
Rent Per Month prices
If you're planning to visit Daejeon, South Korea, there are plenty of short rent and stay options available for you. From cozy apartments to luxury hotels, you'll find everything that suits your budget and preference. Many options offer convenient access to the city's top attractions and transport links, making it easy to explore the city's culture, history, and natural beauty.
Whether you're traveling solo, with a partner, or with friends, short rent and stay options in Daejeon cater to all types of travelers. You can avail of a studio apartment for a comfortable base or choose a 5-star hotel to enjoy luxurious amenities and services. No matter the choice, the high-quality accommodation options in Daejeon come at different price points, making it easier for you to select one that fits your travel budget.
Buy Apartment prices
Are you considering buying real estate in Daejeon, South Korea? You'll be happy to know that the city offers a wide range of buying options to suit various budgets, preferences, and lifestyles. Whether you're looking for a cozy apartment, a spacious house, or a commercial property, you can find it here. The city boasts modern buildings with cutting-edge designs, as well as traditional Korean-style homes with beautiful gardens and courtyards. You can also find properties in different neighborhoods, each with its own charm and character. As for the prices, they depend on several factors such as location, size, condition, and amenities. However, you can expect competitive prices compared to other major cities in South Korea.
One of the advantages of buying real estate in Daejeon is the city's strategic location and excellent infrastructure. Daejeon is located in the center of South Korea, making it a hub for transportation, business, and education. It has a well-developed public transportation system that includes buses, subways, and trains, making it easy to travel within the city and to other parts of the country. Moreover, Daejeon is home to several world-class universities, research institutes, and industrial parks, making it an attractive destination for students, researchers, and entrepreneurs. Whether you're looking for a home or an investment opportunity, Daejeon has a lot to offer.