Jeju, a picturesque island in South Korea, is known for its natural beauty and unique culture. Understanding the cost of living here is crucial for anyone considering relocating or visiting.
This guide provides a detailed breakdown of expenses in Jeju, covering essential categories such as dining, groceries, transportation, housing, and utilities.
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.
Jeju offers a relatively affordable cost of living compared to other major cities in South Korea, particularly in terms of housing and dining.
Transportation costs are low, making it easy to get around the island without a significant financial burden.
Grocery prices are reasonable, though some imported goods may be more expensive.
In conclusion, Jeju presents a balanced cost of living, making it an attractive option for both residents and visitors.
With affordable housing, reasonable dining options, and low transportation costs, Jeju is a viable choice for those looking to experience life on a beautiful island without breaking the bank.