Cost of living in Changwon
Changwon, a vibrant city in South Korea, offers a unique blend of modernity and tradition. Understanding the cost of living here is crucial for anyone planning to move or visit.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $6.44 on average, with a range between $5.58 and $9.3.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $26.82, with prices ranging from $17.88 to $53.63.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.01, with a range between $4.29 and $5.72.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.22 to $5.01, imported beer $3.22 to $7.15, cappuccino $2.86 to $4.65, and Coke/Pepsi $1.29 to $2.77.
Grocery Prices
- Milk - Milk is priced between $1.43 and $2.15 per liter, averaging $1.94.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.86 and $5.72, with an average price of $2.59.
- Eggs (Dozen) - A dozen eggs range from $2 to $3.26, averaging $2.53.
- Fruits (e.g., Apples, Oranges) - Apples cost $7.15 to $14.3 per kg, while oranges range from $2.15 to $7.15 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $4.29 and $5.72 per kg, and lettuce costs $1.07 to $2.15 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.04.
- Fuel (Gasoline) - Gasoline is priced between $1.15 and $1.22 per liter.
- Taxi Fares - Taxi fares start at $2.36, with additional costs per km and waiting time not specified.
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 $107.27 and $178.78, averaging $146.6.
- Internet - Internet services range from $21.45 to $28.6, with an average cost of $23.84.
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"
Changwon offers affordable dining options, with inexpensive meals and fast food being particularly budget-friendly.
Grocery prices vary, with staples like milk and bread being reasonably priced, while fruits and vegetables can be more expensive.
Transportation costs are low, with affordable public transport and gasoline prices.
Utility costs are moderate, and internet services are relatively inexpensive.
Conclusion
Overall, Changwon presents a cost-effective living environment, especially in terms of dining and transportation.
While some grocery items and utilities may be on the higher side, the city's affordability in other areas makes it an attractive option for residents and visitors alike.