Cost of living in Iksan (Iri)
Iksan, located in South Korea, offers a unique blend of cultural heritage and modern living. Understanding the cost of living in Iksan is crucial for anyone considering moving to or visiting this vibrant city.
This guide provides a detailed breakdown of expenses in Iksan, including dining, groceries, transportation, housing, and utilities, to help you plan your 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 $5.72 and $8.58.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $35.76, with prices ranging from $21.45 to $60.79.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.08, with a range between $5.01 and $6.44.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.43 to $3.58, imported beer $3.22 to $5.72, cappuccino $2.15 to $4.29, and Coke/Pepsi $1.07 to $1.43.
Grocery Prices
- Milk - Milk is priced between $1.79 and $3.56 per liter, averaging $2.15.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.79 and $3.58, with an average price of $2.98.
- Eggs (Dozen) - A dozen eggs range from $2 to $7.83, averaging $3.11.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.15 to $8.58 per kg, while oranges range from $4.29 to $10.01 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.79 and $3.58 per kg, and lettuce costs $1.43 to $2.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.15 and $1.22 per liter.
- Taxi Fares - Taxi fares start at $2.72, with a cost of $0.56 to $0.64 per km and $8.58 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided for Iksan.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided for Iksan.
- Buying Price per Square Meter (City Centre) - Data not provided for Iksan.
- Buying Price per Square Meter (Outside Centre) - Data not provided for Iksan.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $178.78 and $214.54, averaging $200.97.
- Internet - Internet services range from $14.3 to $25.03, with an average cost of $20.02.
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"
Iksan offers affordable dining options, with inexpensive meals and fast food being particularly budget-friendly.
Grocery prices are moderate, with essentials like milk and bread being reasonably priced.
Transportation costs are low, especially for gasoline and taxi fares.
Utilities are affordable, with internet services being particularly cost-effective.
Conclusion
Overall, Iksan presents a cost-effective living environment, especially in terms of dining and transportation.
While housing data is limited, the available information suggests that other living expenses are manageable, making Iksan an attractive option for residents and visitors alike.