Cost of living in Boryeong
Boryeong, a coastal city in South Korea, is known for its beautiful beaches and vibrant festivals. Understanding the cost of living here is crucial for anyone planning to move or visit.
This guide provides a detailed breakdown of expenses in Boryeong, covering dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $7.87 on average, with a range between $5.72 and $10.73.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $42.91, with prices ranging from $27.17 to $85.81.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.08, with a range between $5.36 and $7.15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.15 to $5.01, imported beer $2.86 to $7.15, cappuccino $2.15 to $4.86, and Coke/Pepsi $1.07 to $2.5.
Grocery Prices
- Milk - Milk is priced between $1.52 and $2.86 per liter, averaging $2.14.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.15 and $6.79, with an average price of $3.2.
- Eggs (Dozen) - A dozen eggs range from $1.72 to $6.01, averaging $3.14.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.93 to $9.65 per kg, while oranges range from $2.5 to $10.51 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.92 and $5.56 per kg, and lettuce costs $1.07 to $3.22 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.43 per liter.
- Taxi Fares - Taxi fares start at $2.86, with a cost of $0.54 to $1.07 per km and $8.58 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $92.97 and $277.78, averaging $170.77.
- Internet - Internet services range from $15.73 to $35.76, with an average cost of $22.92.
Cost of Living Rankings
The cost of living indices for South Korea are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in South Korea, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Boryeong offers a relatively affordable cost of living compared to larger South Korean cities, especially in dining and grocery expenses.
Transportation costs are moderate, with affordable taxi fares and gasoline prices.
Housing data is not available, but utility costs are reasonable, making it potentially attractive for residents.
Conclusion
Boryeong presents a balanced cost of living, with affordable dining and grocery options. While housing data is lacking, the city remains an attractive option due to its reasonable utility and transportation costs.
Potential residents should consider these factors when planning a move to Boryeong, ensuring they budget accordingly for other living expenses.