Cost of living and prices in Gwangju, prices of food, rent, shopping, etc. 🇰🇷
Updated Jul 2023

Gwangju is an inviting city located in Eastern Asia with a population of 1.5 million people. It is situated at an elevation of 47 meters above sea level and boasts a beautiful climate and natural surroundings.

In terms of cost of living, Gwangju ranks as one of the more affordable cities in South Korea. The city offers a wide range of affordable housing options, with everything from studio apartments to multi-bedroom houses available for rent or purchase. In addition, food, transportation, and entertainment costs in Gwangju are also relatively low compared to other major cities in the region, making it an excellent choice for budget-conscious travelers and expats alike.

If you're looking for an exciting and affordable city to call home in South Korea, Gwangju is definitely worth considering. With its friendly locals, picturesque scenery, and affordable cost of living, it offers the perfect mix of modern conveniences and traditional charm.

Cost of Living Estimate in Gwangju

Total cost of living in Gwangju for two person with average consumption for one month will be 880.19 USD, no rent price included. Click here to calculate cost-of-living estimate in Gwangju

You can calculate cost of living in Gwangju by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

When it comes to dining options in Gwangju, one thing is for sure: there's no shortage of fantastic Korean food! Whether you're in the mood for some traditional dishes, like bibimbap or kimchi stew, or want to try something new, like Korean-style fried chicken or barbecued beef, there are plenty of options to choose from. In addition to Korean food, there are also plenty of international options available, including Thai, Japanese, Italian, and more. No matter what you're in the mood for, there's sure to be a restaurant in Gwangju that can satisfy your cravings.

Along with traditional restaurants, visitors to Gwangju should also consider checking out the local street food scene. Food carts and vendors can be found throughout the city, offering everything from savory hotteok (a type of filled pancake) to sweet bingsu (shaved ice dessert). Whether you're looking for a quick snack or want to try a variety of different foods, the street food in Gwangju is not to be missed. And for those who prefer a more upscale dining experience, there are several fine dining options available in the city as well, offering a chance to sample innovative cuisine created by some of the country's most talented chefs.

Meal in Inexpensive Restaurant
6.35 $
Meal for 2 People, Mid-range Restaurant, Three-course
45.38 $
McMeal at McDonalds or Alternative Combo Meal
5.22 $
Domestic Beer, 0.5 liter Draught
2.45 $
Imported Beer, 0.33 liter Bottle
3.18 $
Cappuccino
3.18 $
Coca-Cola, 0.33 liter Bottle
1.63 $

Markets prices

Market prices in Gwangju, South Korea are influenced by a variety of factors. The city is home to many industries, including automotive manufacturing, agriculture, and textiles, which contribute to the cost of goods. Additionally, Gwangju has a diverse population, with both wealthy and low-income residents, leading to a range of price points for products and services. Market prices also fluctuate depending on the season and availability of certain items.

The vibrant street markets in Gwangju offer a unique shopping experience. Visitors can browse through a variety of stalls selling everything from fresh produce to handmade crafts. The prices at these markets tend to be more affordable than in traditional retail stores. There are also large shopping centers and department stores in the city with higher-end products available for those looking to indulge. Overall, market prices in Gwangju allow for a balance between accessibility and luxury, catering to the diverse needs and tastes of local residents and visitors alike.

Water, 0.33 liter Bottle
1.09 $
Milk, Regular,1 liter
2.31 $
Loaf of Fresh White Bread, 0.5 kg
2.04 $
White Rice, 1 kg
2.27 $
Eggs, 12 pack
1.82 $
Chicken Breasts, Boneless and Skinless, 1 kg
13.62 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
18.15 $
Banana, 1 kg
6.35 $
Oranges, 1 kg
4.54 $
Tomato, 1 kg
6.35 $
Potato, 1 kg
4.08 $
Onion, 1 kg
2.54 $
Water, 1.5 liter Bottle
1.82 $
Bottle of Wine, Mid-Range Price
9.98 $
Domestic Beer, 0.5 liter Bottle
1.72 $
Imported Beer, 0.33 liter Bottle
2.72 $
Pack of Cigarettes
6.13 $

Transportation prices

Gwangju, South Korea offers various transportation options for travelers visiting the city. The most common mode of transportation is the bus, which is efficient and covers most areas of the city. The buses have different types, including local buses, express buses, and intercity buses that allow convenient travel to nearby cities. Another transportation option is the subway system, which provides accessibility to specific areas of the city. Subway trains run from early morning to late at night, maximizing convenience for travelers.

For travelers who prefer a more personal means of transportation, taxis are readily available in Gwangju. They offer a great way to explore the city while enjoying the comfort and ease of having a private car. Some taxis even have English-speaking drivers, making it more convenient for foreign travelers. Lastly, for those who are adventurous, riding a bike around Gwangju is becoming a popular option. There are bike rental services available, making it easier for travelers to explore the city's many attractions at their own pace while enjoying the fresh air and scenery.

One-way Ticket, Local Transport
1.13 $
Taxi Start, Normal Tariff
2.72 $
Gasoline, 1 liter
1.23 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
34,491.52 $

Utilities Per Month prices

When traveling to Gwangju, South Korea, it's important to keep in mind the cost of utilities. In general, utility costs in Gwangju are comparable to those in other major cities around the world. The cost of electricity, gas, and water will depend on factors such as the size of the apartment or home, usage rates, and the specific neighborhood or area you're in.

One thing to note about utilities in Gwangju is that the city has a strong focus on sustainability and energy efficiency. Many buildings and homes are equipped with green technologies, such as solar panels and energy-efficient appliances. This can help to keep utility costs down in the long run, as well as contribute to a more environmentally-friendly city. If you're looking to save on utility costs during your travels in Gwangju, consider staying in a building or area with a strong focus on sustainability.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
131.11 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.30 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
31.77 $

Salaries And Financing prices

Salaries and financing in Gwangju, South Korea are relatively high compared to other cities in Asia. The city has a vibrant economy, with numerous established industries and a thriving start-up scene. This has led to many job opportunities for both locals and expats, with salaries generally reflective of the city's economic growth. Expats can expect to earn a higher salary compared to locals due to their qualifications and language skills, although the cost of living in Gwangju is slightly higher compared to other smaller cities in South Korea.

Financing in Gwangju is relatively easy, with a wide range of financial institutions providing a range of services to match the city's diverse economy. Expats looking to open a bank account in Gwangju will find it a smooth process, with a range of banks offering various services to cater to their needs. Credit cards are also widely accepted in the city, with many expats using them to pay for their everyday expenses. The city also has a range of financial options for those looking to invest in the stock market or property market. Therefore, expats looking to settle in Gwangju can rest assured that their financial needs will be taken care of with ease.

Cinema ticket, 1 Seat
6.81 $
Average Monthly Net Salary, After Tax
3,040.70 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
2 %

Childcare prices

Childcare prices in Gwangju, South Korea can vary depending on the type of childcare you are looking for. For schools, tuition fees are generally much higher compared to other childcare institutions. However, schools also offer more structure and formal education for children, making them an ideal choice for parents who want their children to have a head start academically. On the other hand, kindergartens in Gwangju are generally more affordable and offer a more relaxed environment for children to learn and play. They also provide early childhood education to prepare children for primary school.

When it comes to childcare prices in Gwangju, location can also be a factor. Childcare centers located in more affluent areas tend to be more expensive compared to those in less developed areas. It's also worth noting that some childcare institutions in Gwangju offer government subsidies for parents who have multiple children or come from low-income families. As such, it's important to do your research and compare different childcare options in Gwangju in order to find the one that works best for your family's budget and needs.

Private Preschool or Kindergarten, Monthly for 1 Child
363.07 $

Clothing And Shoes prices

Gwangju, South Korea is a great place to find affordable and stylish clothing. The streets are lined with trendy boutiques and local markets, offering a range of options for fashion enthusiasts. Whether you're looking for formal attire, everyday wear, or something unique and unconventional, Gwangju has it all. You'll find a variety of brands to choose from, including both international labels and local designers.

In addition to clothing, Gwangju is also home to a diverse selection of footwear options. From trendy sneakers to formal dress shoes, you'll find everything you need to complete your outfit. The city is known for its stylish shoe stores, which offer a variety of designs for all occasions and tastes. Many of these stores carry both local and international brands, so you can choose from a range of styles and prices. Whether you're looking to invest in a high-quality pair of shoes or something more affordable, Gwangju is a great place to shop for footwear.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
36.31 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
40.85 $
Pair of Running Shoes, Mid-Range Price
63.54 $
Pair of Leather Business Shoes
63.54 $

Rent Per Month prices

Gwangju, South Korea offers a variety of short term rental options, ranging from private rooms in shared homes to entire apartments. These rentals come fully furnished with all the necessary amenities for a comfortable stay. Guests can choose from budget-friendly options to luxurious accommodations that cater to their needs. Short-term rental prices in Gwangju depend on the location, size, and type of accommodations, making it easy for travelers to find a stay option that suits their budget.

For those seeking an extended stay, Gwangju also offers long-term rental options, which provide a convenient and cost-effective way to settle into the city for an extended period. These rentals come in various sizes that accommodate families, groups, and solo travelers. Long-term rental prices are also dependent on location, size, and the length of stay, which can save visitors a considerable amount of money compared to traditional hotels. Guests can enjoy their stay in Gwangju without worrying about the hassle of finding and paying for a hotel room every night.

One bedroom apartment in city centre
296.51 $
One bedroom apartment outside of city centre
256.42 $
Three bedroom apartment in city centre
1,316.12 $

Buy Apartment prices

Gwangju, South Korea is a bustling city with a thriving real estate market. There are a variety of buying options available to potential homeowners, from urban apartments to suburban houses. If you're a first-time homebuyer, it may be helpful to consult with a local real estate agent to learn about the different neighborhoods and available properties.

As with many cities, prices in Gwangju vary depending on the location and type of property. Urban apartments tend to be more expensive, while suburban houses can offer more space for a lower price. Regardless of your budget, there are plenty of options available to suit your needs. Plus, with the city's growing economy and vibrant culture, investing in real estate in Gwangju could prove to be a wise financial decision in the long run.

Price per m2 to Buy Apartment in City Center
2,723.02 $
Price per m2 to Buy Apartment Outside of City Center
1,815.34 $