Gwangju vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Gwangju Reykjavik
🚶 Cost of living one person
$1081
$3268
👨‍👩‍👧‍👦 Cost of living Family
$2620
$6787
🏠 One person rent
$462
$2025
🏘️ Family rent
$793
$3029
🍽️ Food expenses
$422
$894
🚐 Transport expenses
$114
$101
💳 Monthly salary after tax
$2442
$4361
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
11 km
4 km
🎓 Higher education
58
52
😀 Quality of life
87
91
🏙️ Population
1.49M
140K

The cost of living in Gwangju is 67% less expensive than in Reykjavik. Cities ranked 5038th and 88th ($1081 vs $3268) in the list of the most expensive cities in the world and ranked 26th and 1st in South Korea and Iceland, respectively. Check South Korea vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 2.3 months in Gwangju compared to 1.3 months in Reykjavik. Gwangju ranked 7th best city to live in South Korea vs Reykjavik ranked 1st in Iceland, while ranked 363rd and 191st among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Gwangju vs Reykjavik infographic

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Prices in Gwangju vs Reykjavik

Prices for goods and services in Gwangju and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Gwangju Reykjavik
Eating Out
🍱 Lunch Menu
$6.64
$27.9
🥂 Dinner in a Restaurant, for 2
$35.2
$79.5
🥪 Fast food meal, equiv. McDonald's
$5.63
$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.78
$13
 Cappuccino
$3.46
$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.32
$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$390
$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$307
$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$709
$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$560
$2774
🔌 Utility Bill one person, electricity, heating, water, etc.
$119
$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$183
$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.6
$84
🏦 Mortgage Interest Rate for 20 Years
3.94%
9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7419
$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4877
$6578
Transportation
🚌 Local transport ticket
$0.88
$5.36
🎟️ Monthly ticket local transport
$63.2
$88.4
🚕 Taxi Ride, 8 km or 5 mi
$7.55
$28.3
 Gas / Petrol, 1 L or 0.26 gal
$1.17
$2.55
Groceries
🥛 Milk, 1 L or 1 qt
$1.74
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$2.27
$4.43
🍚 Rice, 1 kg or 2.2 lb
$2.64
$3.55
🥚 Eggs, x12
$2.52
$6.58
🧀 Cheese, 1 kg or 2.2 lb
$6.98
$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.38
$25
🥩 Round Steak, 1 kg or 2.2 lb
$12.9
$41.5
🍏 Apples, 1 kg or 2.2 lb
$7.11
$3.59
🍌 Banana, 1 kg or 2.2 lb
$2.79
$2.58
🍊 Oranges, 1 kg or 2.2 lb
$6.11
$3.35
🍅 Tomato, 1 kg or 2.2 lb
$5.4
$5.57
🥔 Potato, 1 kg or 2.2 lb
$3.28
$3.7
🧅 Onion, 1 kg or 2.2 lb
$2.35
$2.56
🌊 Water, 1 L or 1 qt
$0.85
$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.69
$3.04
🍾 Wine (mid-priced), 750 mL bottle
$15.8
$25.5
🍺 Beer, 0.5 L or 16 fl oz
$1.52
$3.79
🚬 Cigarette pack
$3.14
$13.6
💊 Cold medicince, 1 week
$8.13
$12.9
🧴 Hair Shampoo
$3.5
$5.86
🧻 Toilet paper, 4 rolls
$3.24
$5.2
👄 Toothpaste, 1 tube
$1.39
$3.63
Other
🏋️ Gym Membership, 1 month
$45.4
$88.2
🎫 Cinema Ticket, 1 person
$8.33
$18
👩‍⚕️ Doctor's visit
$34.8
$92.8
💇 Haircut, simple
$6.38
$46
👖 Brand Jeans
$47.8
$144
👟 Brand Sneakers
$61.1
$194
👶 Daycare or Preschool, 1 month
$253
$352
🏫 International Primary School, 1 year
$10915
$30378

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Gwangju

Distance City Cost of living
24 km or 15 mi Naju
$1001
45 km or 28 mi Jeongeup
$981
50 km or 31 mi Namwon
$980
57 km or 36 mi Suncheon
$1016
64 km or 39 mi Mokpo
$1005
71 km or 44 mi Gimje
$982
76 km or 47 mi Gwangyang
$991
76 km or 47 mi Jeonju
$831
82 km or 51 mi Yeosu
$994
86 km or 54 mi Iksan
$998
92 km or 57 mi Gunsan
$1020
106 km or 66 mi Jinju
$1064
116 km or 72 mi Nonsan
$1046
127 km or 79 mi Gyeryong
$976
131 km or 81 mi Sacheon
$984
132 km or 82 mi Asan
$1050
133 km or 82 mi Boryeong
$1085
138 km or 86 mi Daejeon
$959
142 km or 88 mi Tongyeong
$934
145 km or 90 mi Gongju
$1063
148 km or 92 mi Masan
$1008
150 km or 93 mi Sejong
$1020
151 km or 94 mi Gimcheon
$934
156 km or 97 mi Geoje
$913
158 km or 98 mi Changwon
$1084
170 km or 106 mi Miryang
$1038
171 km or 106 mi Daegu
$1062
171 km or 107 mi Cheongju
$924
174 km or 108 mi Gumi
$949
179 km or 111 mi Sangju
$957
179 km or 111 mi Gimhae
$975
180 km or 112 mi Gyeongsan
$1001
184 km or 114 mi Cheonan
$1153
184 km or 115 mi Seosan
$1068
188 km or 117 mi Jeju
$1069
193 km or 120 mi Busan
$1108
194 km or 120 mi Yangsan
$1039
194 km or 120 mi Dangjin
$1059
196 km or 122 mi Mungyeong
$973
203 km or 126 mi Jeju Island
$1100

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$3175
9.8 km or 6.1 mi Hafnarfjorur
$3148
38 km or 24 mi Keflavik
$2596
247 km or 153 mi Akureyri
$2990
795 km or 494 mi Torshavn
$2077
1204 km or 748 mi Inverness
$2021
1230 km or 764 mi Elgin
$1507
1300 km or 808 mi Derry
$1551
1309 km or 813 mi Greenock
$1575
1321 km or 821 mi Aberdeen
$1769
1325 km or 823 mi Perth
$1641
1328 km or 825 mi Stirling
$1711
1331 km or 827 mi Paisley
$1837
1333 km or 828 mi Alloa
$1762
1337 km or 831 mi Glasgow
$2058
1339 km or 832 mi Dundee
$1480
1340 km or 833 mi Omagh
$1703
1341 km or 833 mi Cumbernauld
$1619
1342 km or 834 mi Irvine
$1630
1348 km or 838 mi East Kilbride
$1840
1349 km or 838 mi Kilmarnock
$1527
1351 km or 839 mi Dunfermline
$1728
1353 km or 841 mi Hamilton
$1797
1357 km or 843 mi Ayr
$1522
1360 km or 845 mi Kirkcaldy
$1768
1365 km or 848 mi Livingston
$1775
1372 km or 852 mi Edinburgh
$2310
1382 km or 859 mi Newtownabbey
$1808
1387 km or 862 mi Belfast
$1884
1390 km or 864 mi Bangor
$1484
1391 km or 864 mi Lisburn
$1879
1401 km or 871 mi Alesund
$1797
1413 km or 878 mi Galway
$2768
1425 km or 886 mi Dundalk
$1955
1431 km or 889 mi Dumfries
$1485
1433 km or 891 mi Nuuk
$2217
1441 km or 895 mi Molde
$1986
1454 km or 903 mi Kristiansund
$1887
1455 km or 904 mi Drogheda
$2902
1455 km or 904 mi Bergen
$2242