Daejeon vs Ulsan Cost of Living Comparison

Executive summary: Ulsan leads on CPI (39.3 vs 39.7, NYC=100), Ulsan leads on rent index, and Daejeon leads on purchasing power. Validate neighbourhood rents before relocating — city-wide winners can reverse at district scale.

Overall Cost Winner

Ulsan

Lower overall CPI; largest measurable gaps: Housing (4% gap, Ulsan ahead); Utilities (4% gap, Ulsan ahead).

Monthly Cost Difference

Estimated monthly housing+utilities+internet basket is about $19 lower in Ulsan than in Daejeon (~4% gap; converted via exchange rates).

Estimated monthly difference: $19 (favoring Ulsan).

Category Winners

CategoryWinnerNote
Overall CPIUlsanCPI 39.3 vs 39.7 (lower is better)
HousingUlsanRent index 12.1 vs 12.6 (lower is better)
FoodUlsanGroceries index 60.2 vs 61.4 (lower is better)
TransportUlsanOne-way ticket 1044.52 vs 1064.53 (lower is better)
UtilitiesUlsanUtilities (85m²) 33396 vs 34776 (lower is better)
InternetUlsanInternet 45402 vs 46271.4 (lower is better)
RestaurantsDaejeonRestaurant index 30 vs 30 (lower is better)
SalaryDaejeonAvg net salary 4483344 vs 4303668 (higher is better)
Purchasing PowerDaejeonPP index 52.4 vs 50.3 (higher is better)

Biggest Difference

Housing: Ulsan leads with a 4% gap.

Rent index 12.1 vs 12.6 (lower is better)

Quick Decision

  • Students: Ulsan — Lower housing / rent index (4% gap).
  • Families: Ulsan — Housing is typically the largest household line; rent index favors Ulsan; purchasing power favors Daejeon.
  • Remote Workers: Ulsan — Everyday cost index (CPI) favors Ulsan (~1% gap).
  • Budget Living: Ulsan — Lowest overall consumer-price index in this pair.

Key Takeaways

  • Ulsan is the overall cost winner on CPI (~1% lower everyday-cost index than Daejeon).
  • Housing: Ulsan leads on rent index (4% gap).
  • Food / groceries: Ulsan is lower (2% gap).
  • Purchasing power: Daejeon scores higher (4% gap).
  • Sample monthly basket (1BR + utilities + internet) is ~$19 cheaper in Ulsan.

Analysis

Detailed breakdown uses only paired indices: CPI 39.7/39.3, rent 12.6/12.1, purchasing power 52.4/50.3. Category winners can diverge — a city may win rent while losing CPI. No GDP, climate, or industry claims are invented for either city.

City pages

  • Daejeon, Daejeon
  • Ulsan, Ulsan

Country pages

  • South Korea

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Trust & data transparency

Last updated: 2026-08-21

Data Sources

This page uses CityCost index inputs. Platform sources (see also Data sources):

  • Regional
  • Regional

On-page labels for this view: Regional · Regional.

Methodology

Each indexed city is associated with a reference basket of common living costs (for example rent, groceries samples, transport tickets, utilities, restaurant meals, and net salary where available). From those items, the platform derives relative indices such as CPI, rent, groceries, restaurants, and local purchasing power, using New York City = 100 as the familiar baseline convention for relative comparison.

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