Daejeon, South Korea
Cost of living · 2024 · Asia · Rent +6.4% vs 2023
Rent trend in Daejeon (2022–2026)
Cost breakdown in Daejeon (2024)
Estimated monthly budget in Daejeon
Based on 2024 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in South Korea (2024)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs Daejeon |
|---|---|---|---|---|---|
| Daejeon | KRW 1,100,000 | KRW 510,000 | KRW 55,000 | KRW 150,000 | — |
| Busan | KRW 1,300,000 | KRW 560,000 | KRW 55,000 | KRW 160,000 | +18.2% |
| Incheon | KRW 1,400,000 | KRW 550,000 | KRW 60,000 | KRW 165,000 | +27.3% |
| Seoul | KRW 1,900,000 | KRW 620,000 | KRW 67,000 | KRW 185,000 | +72.7% |
Other Asia cities (2024)
Frequently asked questions
What is the cost of living in Daejeon in 2024?
In 2024, a single person living in Daejeon needs approximately KRW 1,895,000/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around KRW 3,800,000/month. Daejeon is considered a relatively expensive city by global standards.
How much is rent in Daejeon in 2024?
A 1-bedroom apartment in Daejeon costs approximately KRW 1,100,000/month in 2024. A 3-bedroom apartment runs around KRW 2,100,000/month. Rent has changed +6.4% vs 2023.
How much do groceries cost in Daejeon?
Monthly grocery costs for one person in Daejeon are approximately KRW 510,000 in 2024. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in Daejeon?
A monthly public transport pass in Daejeon costs KRW 55,000 in 2024, covering unlimited bus, metro and tram travel within the city.
How much are utilities in Daejeon?
Monthly utility costs in Daejeon average KRW 150,000 in 2024, covering electricity, heating/cooling, water and internet for a standard apartment.
Is Daejeon expensive to live in?
Daejeon is located in South Korea (Asia). With a 1-bed rent of KRW 1,100,000/month and total single-person expenses around KRW 1,895,000/month, it is relatively expensive by global standards.
How much does eating out cost in Daejeon?
A typical restaurant meal for one person in Daejeon costs approximately KRW 10,000 in 2024. Budget around KRW 80,000/month if dining out a few times a week.
How have living costs in Daejeon changed over time?
LifeIndexed tracks cost of living data for Daejeon from 2022 to 2026. 1-bed rent has increased by 19.6% over this period (from KRW 968,000 in 2022 to KRW 1,157,926 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in Daejeon?
To live comfortably in Daejeon in 2024, a single person needs approximately KRW 1,895,000/month. This covers rent (KRW 1,100,000), groceries (KRW 510,000), transport (KRW 55,000), utilities (KRW 150,000) and dining out occasionally. A family of 3–4 should budget around KRW 3,800,000/month.