Incheon vs Memphis - Cost of Living Comparison

Updated: March 02, 2025

	Incheon	Memphis
🚶 Cost of living one person	$1092	$1874
👨‍👩‍👧‍👦 Cost of living Family	$2890	$4389
🏠 One person rent	$493	$1092
🏘️ Family rent	$1030	$1592
🍽️ Food expenses	$420	$565
🚐 Transport expenses	$95	$70.9
💳 Monthly salary after tax	$2433	$3516
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	16 km	8 km
🎓 Higher education	91	67
😀 Quality of life	94	87
🏙️ Population	2.94M	633K

The cost of living in Incheon is 42% less expensive than in Memphis. Cities ranked 4880th and 2179th ($1092 vs $1874) in the list of the most expensive cities in the world and ranked 17th and 1817th in South Korea and the United States, respectively. Check South Korea vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 2.2 months in Incheon compared to 1.9 months in Memphis. Incheon ranked 2nd best city to live in South Korea vs Memphis ranked 73rd in the United States, while ranked 45th and 279th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Incheon vs Memphis infographic

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Prices in Incheon vs Memphis

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

	Incheon	Memphis
Eating Out
🍱 Lunch Menu	$6.25	$16.6
🥂 Dinner in a Restaurant, for 2	$34.8	$64.3
🥪 Fast food meal, equiv. McDonald's	$5.53	$9.59
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.78	$5.47
☕ Cappuccino	$3.35	$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.25	$2.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$595	$976
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$331	$883
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1305	$1501
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$761	$1292
🔌 Utility Bill one person, electricity, heating, water, etc.	$92.7	$126
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$143	$193
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$16.6	$64.8
🏦 Mortgage Interest Rate for 20 Years	4.13%	6.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6378	$1489
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6335	$1490
Transportation
🚌 Local transport ticket	$0.99	$1.24
🎟️ Monthly ticket local transport	$25	$24.2
🚕 Taxi Ride, 8 km or 5 mi	$7.89	$12.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.15	$0.8
Groceries
🥛 Milk, 1 L or 1 qt	$2.08	$0.96
🍞 Bread, 0.5 kg or 1.1 lb	$2.88	$2.49
🍚 Rice, 1 kg or 2.2 lb	$2.82	$3.59
🥚 Eggs, x12	$3	$3.19
🧀 Cheese, 1 kg or 2.2 lb	$13	$10.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.39	$9.14
🥩 Round Steak, 1 kg or 2.2 lb	$12.9	$15.5
🍏 Apples, 1 kg or 2.2 lb	$7.16	$5.33
🍌 Banana, 1 kg or 2.2 lb	$2.82	$1.69
🍊 Oranges, 1 kg or 2.2 lb	$5.37	$4.92
🍅 Tomato, 1 kg or 2.2 lb	$6.06	$4.53
🥔 Potato, 1 kg or 2.2 lb	$3.25	$3.28
🧅 Onion, 1 kg or 2.2 lb	$1.86	$3.3
🌊 Water, 1 L or 1 qt	$0.65	$1.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.02	$2.15
🍾 Wine (mid-priced), 750 mL bottle	$15.8	$15
🍺 Beer, 0.5 L or 16 fl oz	$1.85	$2.08
🚬 Cigarette pack	$3.18	$7.63
💊 Cold medicince, 1 week	$4	$8.17
🧴 Hair Shampoo	$6.04	$4.97
🧻 Toilet paper, 4 rolls	$2.94	$3.07
👄 Toothpaste, 1 tube	$1.97	$1.32
Other
🏋️ Gym Membership, 1 month	$31	$33.6
🎫 Cinema Ticket, 1 person	$10.3	$12.4
👩‍⚕️ Doctor's visit	$27.8	$131
💇 Haircut, simple	$7.01	$13.6
👖 Brand Jeans	$57.7	$41.4
👟 Brand Sneakers	$63	$77.2
👶 Daycare or Preschool, 1 month	$255	$1469
🏫 International Primary School, 1 year	$18156	$27369

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Incheon

Distance	City	Cost of living
12 km or 7.8 mi	Bucheon	$1163
19 km or 12 mi	Gimpo	$1099
19 km or 12 mi	Gwangmyeong	$1089
22 km or 14 mi	Ansan	$1070
26 km or 16 mi	Anyang	$1022
27 km or 17 mi	Goyang	$1171
28 km or 18 mi	Gunpo	$1098
30 km or 19 mi	Gwacheon	$1070
31 km or 19 mi	Hwaseong	$1089
31 km or 19 mi	Uiwang	$1063
34 km or 21 mi	Seoul	$1334
38 km or 23 mi	Suwon	$1022
42 km or 26 mi	Siheung	$1283
43 km or 27 mi	Seongnam	$1400
44 km or 27 mi	Paju	$1075
46 km or 29 mi	Guri	$1122
47 km or 29 mi	Uijeongbu	$955
50 km or 31 mi	Yangju	$974
51 km or 31 mi	Hanam	$1161
51 km or 32 mi	Osan	$1042
53 km or 33 mi	Namyangju	$1129
54 km or 34 mi	Gwangju	$1165
55 km or 34 mi	Yongin	$1127
57 km or 35 mi	Kaesong	$1565
62 km or 38 mi	Dongducheon	$1055
63 km or 39 mi	Dangjin	$1033
65 km or 40 mi	Pyeongtaek	$984
68 km or 42 mi	Pocheon	$1040
73 km or 45 mi	Icheon	$1020
75 km or 47 mi	Anseong	$1026
78 km or 48 mi	Seosan	$1036
86 km or 53 mi	Cheonan	$1151
89 km or 56 mi	Yeoju	$1026
104 km or 64 mi	Haeju	$1550
106 km or 66 mi	Chuncheon	$865
113 km or 70 mi	Wonju	$1074
118 km or 74 mi	Cheongju	$936
120 km or 74 mi	Gongju	$1038
122 km or 76 mi	Sejong	$1019
126 km or 78 mi	Boryeong	$1063

Cities near Memphis

Distance	City	Cost of living
16 km or 10 mi	Germantown	$2383
17 km or 10 mi	Bartlett	$2134
17 km or 10 mi	Southaven	$2062
19 km or 12 mi	Horn Lake	$2070
19 km or 12 mi	West Memphis	$1865
21 km or 13 mi	Olive Branch	$2077
27 km or 17 mi	Collierville	$2268
38 km or 24 mi	Atoka	$2117
94 km or 58 mi	Oxford	$2009
103 km or 64 mi	Jonesboro	$1781
115 km or 71 mi	Paragould	$1874
116 km or 72 mi	Dyersburg	$2048
119 km or 74 mi	Jackson	$1717
149 km or 92 mi	Tupelo	$1946
161 km or 100 mi	Searcy	$1831
187 km or 116 mi	Poplar Bluff	$1882
187 km or 116 mi	Cabot	$1645
197 km or 123 mi	Jacksonville	$1830
207 km or 128 mi	Sherwood	$1930
212 km or 132 mi	Starkville	$1617
213 km or 132 mi	Pine Bluff	$1856
213 km or 132 mi	North Little Rock	$1999
213 km or 132 mi	Florence	$1350
215 km or 134 mi	Greenville	$1989
219 km or 136 mi	Little Rock	$1958
223 km or 139 mi	Murray	$1828
226 km or 140 mi	Conway	$1774
230 km or 143 mi	Columbus	$1806
245 km or 153 mi	Benton	$1943
247 km or 153 mi	Cape Girardeau	$1649
249 km or 154 mi	Paducah	$1728
271 km or 168 mi	Columbia	$2031
276 km or 172 mi	Athens	$1839
279 km or 173 mi	Decatur	$1772
283 km or 176 mi	Clarksville	$2075
286 km or 178 mi	Spring Hill	$2607
288 km or 179 mi	Russellville	$1438
290 km or 180 mi	Hot Springs	$1322
295 km or 183 mi	Hopkinsville	$1855
296 km or 184 mi	Franklin	$2738