International cost of living and hardship / quality of living data for 780 global locations.
Create reports online (24X7) using any of the Report Calculators right now.
Simply Register, then Login, and while logged in use the Subscribe Menu to subscribe to 2 or more locations.
Generate reports using the calculators below using any combination of your subscribed city/country locations:
7 Day Subscription = $39 USD$ per location (minimum of 2 locations required)
Annual Subscription = $89 USD$ per location (minimum of 2 locations required)
See below for full details
No more waiting
Reports within minutes
-International City Cost of Living Rankings
-Regional Cost of Living Rankings (Africa; America; Asia Pacific; Europe; Middle East)
-Latest Inflation Rates around the world
-Latest Personal Income Tax Rates
-Cost of Living Rankings by Basket
-Articles related to cost of living
and expatriate life
Use the map below or page down
Use our search box OR
look for your question in the list below
Is your question not here?
Email it to us at:
and we will get back to you
Incheon is Korea’s third most populous city after Seoul and Busan. Incheon led the economic development of Korea by opening its port to the outside world, issuing in the modernization of Korea as a centre of industrialization. In 2003 Incheon was designated as Korea’s first free economic zone.The Republic of Korea is in Eastern Asia, in the southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea. The climate is temperate with rainfall heavier in summer.The official language is Korean. English is widely spoken in official and business circles but not all are likely to speak it. It is spoken by staff at most good hotels. The main religions are Buddhism and Christianity.The economy of South Korea is a developed, largely free-market economy that is the fourth largest in Asia and 15th largest in the world. An extremely competitive education system and a highly skilled and motivated workforce are two key factors driving this knowledge economy that has the world's highest scientific literacy and second highest mathematical literacy.In South Korea, business titles are often used as a sign of respect. Expatriate business dress is typically formal, such as suits.The security risk for expatriates in South Korea is low. Risks include low levels of petty crime, periodic anti-US or anti-Japanese sentiment, and the threat of nuclear weapons from North Korea.The currency of South Korea is the South-Korean Won (KRW). Credit cards are accepted in major cities. ATMs are widely available, but may not accept all international cards.Medical facilities are of a good standard but can be expensive.The population of Incheon is 3 Million (2019 est.), while the inflation rate (CPI) is 0.2% for South Korea as at November 2019.Xpatulator Hypothetical Tax for Republic of Korea is based on the current personal income tax (PIT) rates which are progressive up to 42%. Besides PIT, there is also local income tax that is assessed at a rate of 10% of the PIT rates. The inclusive rates are therefore progressive up to 46.2 ((42% + (42%*10%)).