Cost of living in Miryang
Miryang, a city in South Korea, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering a move or planning a visit.
This guide provides a detailed breakdown of expenses in Miryang, covering essential categories such as 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 $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 $35.76, with prices ranging from $35.76 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 $4.29 to $7.15, cappuccino $2.86 to $4.65, and Coke/Pepsi $1.29 to $1.79.
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
- Fuel (Gasoline) - Gasoline is priced between $1.15 and $1.22 per liter.
- Taxi Fares - Taxi fares start at $2.36, with additional costs for distance and waiting time.
- Car Purchase - A new Volkswagen Golf costs approximately $26,982.16, while a Toyota Corolla is priced at $10,726.79.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $250.29 and $328.95 monthly, averaging $276.51.
- International Primary School, Yearly for 1 Child - Yearly tuition for international primary school ranges from $32,180.36 to $35,755.96, averaging $33,968.16.
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.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $17.88 and $49.34, averaging $42.48.
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"
Miryang offers a relatively affordable cost of living compared to larger South Korean cities. Dining and grocery prices are reasonable, making it easier to manage daily expenses.
Transportation costs are moderate, with affordable fuel prices and taxi fares. However, purchasing a new car can be a significant investment.
Housing and utility costs are manageable, but international school fees can be high, which is an important consideration for families.
Conclusion
In conclusion, Miryang provides a balanced cost of living with affordable dining and grocery options. While transportation and housing costs are reasonable, families should consider the higher education expenses.
Overall, Miryang is a suitable choice for those seeking a blend of traditional and modern living in South Korea, offering a comfortable lifestyle without the high costs associated with larger cities.