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

If you're looking for traditional Korean cuisine, Jeju-do is the perfect place to find it. The island is famous for its fresh seafood, and you'll find many restaurants serving up delicious seafood dishes. You can try Jeonbokjuk, a rice porridge with abalone, or Haemultang, a spicy seafood soup. If you're feeling adventurous, you can also try sannakji, which is raw octopus. Jeju-do is also known for its black pork, which comes from a specific breed of pig that is only found on the island. You'll find many restaurants serving up this special pork, often grilled with garlic and other seasonings.

If you're looking for something a little different, Jeju-do also has a variety of international cuisine options. You can find Italian, French, and even Mexican restaurants on the island. Some of these restaurants offer a unique twist on their traditional dishes using local ingredients. For example, you might find a seafood pasta dish with ingredients like sea urchin or sea squirt. There are also many street food vendors throughout the island, where you can try local snacks like hotteok (sweet pancakes) or gaemipang (fish-shaped bread). No matter what type of cuisine you're in the mood for, Jeju-do has something to offer.

Jeju-do, South Korea is well-known for its stunning landscapes, rich culture, and delicious cuisine. However, when it comes to market prices, things can differ significantly across different sectors. In general, the prices for traditional Korean souvenirs, such as pottery, handmade crafts, and food specialties, can be quite reasonable and often negotiable. On the other hand, international brands and luxury goods tend to be more expensive, particularly in shopping centers and tourist hotspots. Furthermore, the prices for services, such as transportation or guided tours, can vary depending on the demand and season.

Another factor that can impact market prices in Jeju-do is the local currency exchange rate. As the won fluctuates against other currencies, travelers may find that prices have changed in their favor or against them. It's always a good idea to research the current exchange rate before arriving in Jeju-do to have a better understanding of how much your money will be worth. Lastly, bargaining can sometimes be possible in certain stores or markets, so don't be afraid to try negotiating for a better deal. However, keep in mind that haggling isn't always a widely accepted practice in Korea, so it's important to be respectful and not pushy when requesting a discount.

Jeju-do, South Korea offers visitors a variety of transportation options to explore the island. One popular choice is renting a car, as it provides the flexibility to travel at your own pace and explore off-the-beaten-path destinations. Jeju Island also has an extensive bus network with several different routes connecting major tourist spots and cities. The bus system is efficient and affordable, making it an excellent option for budget-conscious travelers. For those who prefer a more scenic route, there are bike rentals available to explore the island's picturesque landscapes in a more relaxed and eco-friendly way.

If you're looking for a unique way to travel around Jeju Island, consider hiring a taxi driver for a day tour. This option is perfect for those who want a more immersive experience guided by a local expert. Taxis in Jeju-do are clean and well-maintained, and hiring a driver will give you the opportunity to create your own itinerary and explore hidden gems of the island. Another fascinating option is the Jeju Olle Trail, a series of hiking routes that cover over 400 kilometers of the island's coastline. The trails are well-signposted, and each one offers a different experience, from easy strolls through villages to more challenging hikes. With so many transportation options, Jeju-do is the perfect destination for travelers to explore at their own pace, and create their unique journey.

If you're planning a trip to Jeju-do, it's worth considering the cost of utilities you may encounter. While water expenses are generally consistent across the country, electricity may be a bit higher on the island due to its isolation and reliance on generators. However, don't let this deter you from visiting as the beautiful scenery and activities are more than worth it. Just be conscious of your energy usage and turn off lights and other electronics when not in use to save on costs.

Additionally, it's important to note that gas prices in Jeju-do can vary significantly depending on where you are and how far you are from a major city or highway. While it might be tempting to grab a rental car upon arrival, it's worth doing some research beforehand to determine the best transportation options for your budget. Taking public transportation or biking may be a more cost-effective alternative for shorter trips, while renting a car for longer distances may be worth the added expense. Ultimately, it's all about balancing cost with convenience and choosing the option that's right for you.

If you're a fan of outdoor activities, Jeju-do is the perfect place for you. The island offers a variety of water sports such as scuba diving, surfing, windsurfing, and paddleboarding. The crystal clear water and diverse marine life make Jeju-do one of the best scuba diving destinations in South Korea. Visitors can also take a boat tour to explore the island's beautiful coastline and stunning rock formations. For land activities, Jeju-do has plenty of hiking trails that lead to breathtaking views of the island's natural wonders. Other popular activities include golfing, horseback riding, and biking.

For those who prefer a more relaxed vacation, Jeju-do has numerous leisure options. The island is known for its hot springs, and visitors can unwind in one of the many public bathhouses scattered around the island. Jeju-do also has several museums that showcase the island's unique culture and history. The Folklore and Natural History Museum, for instance, displays artifacts related to Jeju-do's folklore and natural history, while the Jeju Teddy Bear Museum features a massive collection of teddy bears from around the world. Additionally, visitors can relax on one of the island's many beautiful beaches, such as Jungmun Beach or Hamdeok Beach, and enjoy the stunning scenery, warm sun, and gentle sea breeze.

Jeju-do, South Korea is a popular tourist destination known for its stunning landscapes and unique culture. However, it's important to note that salaries in Jeju-do are generally lower than in big cities like Seoul. This means that certain expenses such as transportation and lodging can be more expensive relative to local salaries. It's important to plan your budget accordingly and keep in mind that prices may be higher than what you're used to.

Financing can also be tricky in Jeju-do, as many banks do not have branches on the island. This means that it may be difficult to withdraw cash or manage your finances if you're used to using a specific bank or financial institution. It's recommended that you take out enough cash or have access to a credit card that doesn't charge foreign transaction fees before arriving on the island. Additionally, many businesses in Jeju-do still primarily accept cash payments, so it's important to have some cash on hand at all times.

Childcare prices in Jeju-do, South Korea can vary greatly depending on the type of service and location. For families living in urban areas, private childcare centers and kindergartens tend to be more expensive than those located in rural areas. Additionally, international schools that offer bilingual education tend to charge higher fees. However, the government also provides subsidies for low-income families to help cover the costs of childcare.

Overall, the quality of childcare in Jeju-do is considered to be high. Many childcare centers and kindergartens offer a variety of programs and activities to help children develop socially, emotionally, and academically. Additionally, there are options for full-time and part-time care, as well as before and after-school care for older children. Despite the varying prices, families in Jeju-do can find the right childcare option that fits their budget and needs.

Jeju-do is renowned for its fashionable clothing and footwear. There are an abundant number of boutiques, markets, and shopping complexes scattered all over the island. Whether you're looking for high-end designer brands or trendy streetwear, Jeju-do has it all. You can take your pick from the latest fashion trends, from casual to formal, with a wide range of options available in terms of size, style, and price.

Additionally, Jeju-do is also a popular destination for shoes. There are numerous shoe stores with various styles of shoes on offer, ranging from athletic footwear to stylish boots, sandals, and flats. You'll also find local shoe brands, offering handmade shoes with a distinct Korean twist. The markets in Jeju-do are a great place to shop around for affordable clothing and shoe bargains. You'll find unique styles at an excellent price, making it worth checking out if you want to score a bargain. You may find some great deals when it comes to shoes and clothing in Jeju-do, which might make it a shopping paradise for some.

Jeju-do, South Korea, offers a plethora of short-term rental options for travelers to the area. From cozy apartments to spacious villas, there is an option for every type of traveler. Prices vary depending on the location and type of rental, but overall, Jeju-do offers affordable options for short stays.

In addition to traditional rentals, Jeju-do also offers unique stay options such as camping, glamping, and traditional Korean guesthouses known as Hanok. These options provide a one-of-a-kind experience for travelers looking for something different during their stay in the area. Prices for these options also vary, but they are typically more affordable than traditional rentals.

Jeju-do, South Korea offers a range of options when it comes to buying real estate. Whether you're looking for a luxurious villa by the beach or a cozy apartment in the city, Jeju-do has something to offer for everyone. The island's real estate market is diverse, and there are plenty of options at varying price points depending on your preferences and budget.

With its stunning natural scenery, subtropical climate, and booming tourism industry, Jeju-do has become a popular destination for real estate investment. While prices vary depending on the location and type of property, real estate prices on the island are generally more affordable than in South Korea's major cities like Seoul, Busan, and Incheon. Whether you're looking for a vacation home, investment property, or a permanent residence, Jeju-do's real estate market offers a range of options to suit your needs and budget.