Cost of living and prices in Gyeonggi-do, prices of food, rent, shopping, etc. 🇰🇷
Updated Jul 2023
Gyeonggi-do is a province located in Eastern Asia, South Korea. It is situated at an elevation of 45 meters above sea level, with coordinates of 37.41380 latitude and 127.51830 longitude. The province has a population of 155237 people and operates on the Asia/Seoul time zone with GMT: 9.0.
Gyeonggi-do is a bustling province with numerous cities and towns that offer affordable living. From Incheon to Suwon, Gyeonggi-do offers residents a cost-effective lifestyle compared to other cities in South Korea like Seoul. Residents can enjoy affordable housing, food, transportation, and other amenities without compromising on quality. Plus, the province boasts of a robust transportation system, making it easy for residents to commute between cities within the region.
Overall, Gyeonggi-do is a great place to live and work while maintaining a low cost of living compared to other regions in South Korea. Residents can enjoy a high quality of life without breaking the bank, making it an attractive destination for those looking for a budget-friendly lifestyle.
Cost of Living Estimate in Gyeonggi-do
You can calculate cost of living in Gyeonggi-do 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
For travelers visiting Gyeonggi-do, South Korea, there are numerous restaurants and eating options to try. One must-try food is dakgalbi, which is a spicy chicken and vegetable stir-fry dish that's popular in the region. Another popular food in Gyeonggi-do is bibimbap, a dish of mixed vegetables, rice, and chili sauce. Additionally, there are many Korean barbecues available where guests can cook their own meat and vegetables on a grill at their table. If you're looking to try something more adventurous, you might want to try sannakji, a dish of thin slices of live octopus. There are also many street food vendors in Gyeonggi-do offering delicious options at affordable prices, such as tteokbokki (spicy rice cakes) and sundae (blood sausage).
Aside from traditional Korean cuisine, there are also many international restaurants in Gyeonggi-do that cater to different tastes. Visitors can find Japanese, Chinese, Italian, and Middle Eastern restaurants, among other options. For those who are looking for something quick and easy, there are numerous fast-food chains like McDonald's and KFC. Additionally, there are many cafes throughout the region where you can enjoy coffee and tea, along with Korean snacks like bingsu (shaved ice with sweet toppings). Whatever your taste, Gyeonggi-do offers a wide variety of food options that are sure to satisfy any traveler's culinary cravings.
Markets prices
Gyeonggi-do, located in South Korea, is a province that boasts a diverse and vibrant economy. As a result, its market prices can vary significantly based on factors such as geographic location and product type. Some areas of the province may have higher prices due to a dense population or a flourishing tourism industry, while others may have lower prices as a result of lower demand or lower production costs. However, despite this variation, market prices in Gyeonggi-do generally reflect a highly competitive market, with businesses vying for customers through innovative marketing and pricing strategies.
The province's proximity to the capital city of Seoul also plays a significant role in market prices in Gyeonggi-do. Many businesses in the province are able to leverage their proximity to Seoul to charge higher prices for their products or services than those in other regions. At the same time, the intense competition in the Seoul market also pressures businesses in Gyeonggi-do to maintain lower prices to remain competitive. As a result, consumers in Gyeonggi-do benefit from a reasonably-priced and competitive market environment, with businesses jostling to offer the best prices for their products and services.
Transportation prices
Traveling around Gyeonggi-do is certainly an extraordinary experience! The public transportation system in Gyeonggi-do is well developed and can take you to almost any destination you desire. The most popular mode of transportation is the railway system, which provides direct access to the capital city of Seoul. Taking the train is the most comfortable and efficient way to travel in South Korea as all of the trains are clean, fast, and on time. In addition, you can relax and enjoy the scenic views of the countryside or focus on getting some work done while en route to your destination. Buses are also popular transportation options as they provide great door-to-door service. You can also take taxis or ride-hailing services such as Kakao Taxi and Tada to get around Gyeonggi-do.
If you're looking for something a little more adventurous, biking is an excellent alternative way to travel in Gyeonggi-do. The region has numerous bike paths and rentals available, making it easy to explore the countryside and get some exercise at the same time. You could bike along the Han River and indulge yourself in the picturesque scenery. You could also marvel at the stunning landscape of the Bukhan River, which features a 60km long bike path that runs from Pocheon to Yangpyeong. The stunning scenery you'll encounter while biking will give you a unique perspective of the region while providing an unforgettable experience to cherish forever. Indeed, Gyeonggi-do offers the perfect transportation options, whether you're looking for something relaxing or adventurous.
Utilities Per Month prices
If you're planning a trip to Gyeonggi-do, South Korea, it's important to know that utilities costs can add up quickly. Many tourists are surprised to find that the cost of electricity, water, and gas are higher than they initially expected. This is especially true in larger cities like Suwon and Yongin, where prices tend to be higher than in more rural areas. To keep your utility costs under control, it's important to be mindful of your usage and to turn off lights and appliances when you're not using them. You might also consider staying in accommodations that have energy-efficient appliances and fixtures.
Another factor that can impact utilities costs in Gyeonggi-do is the time of year you're traveling. South Korea experiences hot and humid summers and cold winters, which means that air conditioning and heating usage can significantly affect your utility bills. If you're traveling during the summer, expect to pay more for electricity to keep your accommodations cool and comfortable. Conversely, if you're traveling during the winter, you might find yourself spending more on heating costs to stay warm. Planning ahead and taking steps to reduce your energy usage can help keep your utilities costs within your budget, no matter what time of year you visit Gyeonggi-do.
Sports And Leisure prices
If you're looking for outdoor activities in Gyeonggi-do, South Korea, there are plenty to choose from. One of the most popular is hiking in the beautiful mountains. The Bukhansan National Park, just north of Seoul, offers incredible views and challenging trails for experienced hikers. Another great option is Suwon's Hwaseong Fortress, which not only provides a historic experience but also has a beautiful scenic walk around its walls. If you prefer something more relaxing, the province also boasts several stunning golf courses with lush greens and beautiful scenery.
For those interested in indoor activities, Gyeonggi-do has plenty to offer as well. The province has several world-class spas and hot springs that are perfect for relaxation and rejuvenation. For the more adventurous, there are also indoor amusement parks, such as Everland and Lotte World, that provide hours of entertainment for the entire family. And sports enthusiasts will find plenty to keep them busy, with everything from ice skating and bowling to martial arts and tennis available in various locations throughout the province.
Salaries And Financing prices
If you're planning a trip to Gyeonggi-do, it's worth noting that the cost of living is slightly higher than other areas in South Korea. This includes salaries, which tend to be higher across the board. With a thriving economy and proximity to Seoul, Gyeonggi-do is a popular location for international businesses, leading to higher paying jobs in various industries.
When it comes to financing, there are a variety of options available in Gyeonggi-do. From traditional banks to online lenders, the financial landscape is vast and competitive. It's easy to find a reputable bank or financial institution to manage your funds, and many offer services in English. Additionally, credit card usage is common and widely accepted, making it easy to handle day-to-day expenses during your travels.
Childcare prices
Childcare prices in Gyeonggi-do can be quite steep, especially when it comes to schools and Kindergartens. These institutions offer top-quality care and education for children, but they often come with a high price tag. Parents need to carefully consider their financial situation before enrolling their children in these programs.
However, it's important to note that the high prices can also be attributed to the quality of care and education provided. Schools and Kindergartens in Gyeonggi-do are equipped with state-of-the-art facilities and employ highly trained staff who are dedicated to nurturing and educating children. Parents can rest assured that their children are receiving the best care possible when enrolled in these programs, even if it comes with a significant cost.
Clothing And Shoes prices
Gyeonggi-do is a great place to shop for clothing and shoes as there are plenty of options available that cater to different budgets. The prices of clothing and shoes vary depending on the quality of the material and the brand. You can find high-end designer stores as well as streetwear brands that offer trendy and affordable clothing and shoes. Gyeonggi-do is full of shopping malls, local markets, and department stores that offer a wide range of options, making it easy for you to find the perfect outfit that suits your style and budget.
If you are looking for trendy and unique clothing and shoes, then Gyeonggi-do has plenty of streetwear stores that offer a range of stylish apparel and footwear. You can find stores that specialize in sneakers, graphic tees, and other accessories that will make you stand out from the crowd. There are also plenty of vintage and second-hand clothing stores that offer unique and one-of-a-kind pieces. For those looking for luxury brands, Gyeonggi-do has a range of high-end boutiques and department stores that offer premium quality clothing and shoes from top fashion brands. Whatever your style or budget, Gyeonggi-do has something for everyone.
Rent Per Month prices
When it comes to short rent and stay options in Gyeonggi-do, South Korea, there are a plethora of exciting choices for travelers. Visitors can choose from a variety of accommodation types, ranging from modern apartments and cozy guesthouses to luxurious hotels and charming cottages. What's more, depending on the location, visitors can also take part in a variety of exciting activities such as hiking, skiing, and exploring historic landmarks.
Although prices for short rent and stay options in Gyeonggi-do can vary depending on factors like location, season, and type of accommodation, visitors can typically expect to find a range of affordable options. Whether you're looking for a budget-friendly guesthouse or a lavish hotel stay, there are plenty of options available to suit your needs. So, if you're planning a trip to Gyeonggi-do, rest assured that you'll be able to find a short rent or stay option that suits your budget and preferences.