Cost of living comparison

compared to

Changwon vs. Reykjavik Cost of Living Summary

Changwon is 25.3% cheaper than Reykjavik.

Restaurants
pay 65.9% less in Changwon
Groceries
pay 12.5% more in Changwon
Transportation
pay 57.6% less in Changwon
Housing
pay 32.0% more in Changwon
Childcare
pay 5.9% less in Changwon
Entertainment and Sports
pay 55.6% less in Changwon
Clothing
pay 36.8% less in Changwon

The cost of housing and groceries in Changwon are more expensive than in Reykjavik. Expenses including restaurants, transportation, entertainment and sports, clothing, and childcare are lower in Changwon.

Changwon vs. Reykjavik Cost Breakdown

If you lived in Changwon instead of Reykjavik, you would:

pay 65.9% less for restaurants

 
Reykjavik
Changwon
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$7.08
₩10,428
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$4.95
₩7,300
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$1.83
₩2,698

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pay 12.5% more for groceries

 
Reykjavik
Changwon
Bread
1 loaf
$4.63
ISK593
$3.18
₩4,693
Local cheese (8 oz) $9.44
ISK1,208
$5.09
₩7,508
Milk (1 gallon) $7.63
ISK976
$8.15
₩12,014

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pay 57.6% less for transportation

 
Reykjavik
Changwon
Gasoline (1 gallon) $9.66
ISK1,236
$4.36
₩6,426
Monthly public transit pass $88.58
ISK11,337
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$26,696.92
₩39,345,918

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pay 32.0% more for housing

 
Reykjavik
Changwon
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$28.30
₩41,712
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
??
1-Bedroom apartment outside city center $2,034.90
ISK260,427
??

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pay 5.9% less for childcare

 
Reykjavik
Changwon
Private preschool for 1 child, monthly $327.78
ISK41,949
$471.71
₩695,201
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$13,620.52
₩20,073,916

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pay 55.6% less for entertainment and sports

 
Reykjavik
Changwon
Domestic/local beer (1 pint) $13.12
ISK1,680
$2.83
₩4,171
Cappuccino in mid-range area $6.17
ISK790
$3.54
₩5,214
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$3.18
₩4,693

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pay 36.8% less for clothing

 
Reykjavik
Changwon
Regular jeans
Levi's brand
$145.10
ISK18,569
$99.06
₩145,992
Regular dress
from H&M or similar store
$63.97
ISK8,187
$61.91
₩91,245
Running shoes
Nike or Adidas
$193.43
ISK24,755
$76.06
₩112,101

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025
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