Cost of Living in South Korea
Summary:
- Family of four estimated monthly costs are 3,736.38$ (4,182,629.43₩) without rent.
- A single person estimated monthly costs are 1,026.92$ (1,149,568.73₩) without rent.
- Cost of living in South Korea is, on average, 10.65% higher than in United States.
- Rent in South Korea is, on average, 46.10% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 7,500.00 ₩ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 40,000.00 ₩ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 6,500.00 ₩ | |
| Domestic Beer (1 pint draught) | 4,000.00 ₩ | |
| Imported Beer (12 oz small bottle) | 6,000.00 ₩ | |
| Cappuccino (regular) | 4,478.52 ₩ | |
| Coke/Pepsi (12 oz small bottle) | 1,705.23 ₩ | |
| Water (12 oz small bottle) | 877.89 ₩ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 9,263.49 ₩ | |
| Loaf of Fresh White Bread (1 lb) | 2,683.28 ₩ | |
| Rice (white), (1 lb) | 2,043.76 ₩ | |
| Eggs (regular) (12) | 3,186.55 ₩ | |
| Local Cheese (1 lb) | 8,496.48 ₩ | |
| Chicken Fillets (1 lb) | 4,753.72 ₩ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 15,382.42 ₩ | |
| Apples (1 lb) | 3,716.22 ₩ | |
| Banana (1 lb) | 1,829.11 ₩ | |
| Oranges (1 lb) | 2,576.66 ₩ | |
| Tomato (1 lb) | 3,028.02 ₩ | |
| Potato (1 lb) | 1,822.91 ₩ | |
| Onion (1 lb) | 1,357.81 ₩ | |
| Lettuce (1 head) | 2,438.08 ₩ | |
| Water (1.5 liter bottle) | 1,308.82 ₩ | |
| Bottle of Wine (Mid-Range) | 16,895.75 ₩ | |
| Domestic Beer (0.5 liter bottle) | 2,586.19 ₩ | |
| Imported Beer (12 oz small bottle) | 3,075.00 ₩ | |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1,250.00 ₩ | |
| Monthly Pass (Regular Price) | 55,000.00 ₩ | |
| Taxi Start (Normal Tariff) | 3,500.00 ₩ | |
| Taxi 1 mile (Normal Tariff) | 1,287.48 ₩ | |
| Taxi 1hour Waiting (Normal Tariff) | 12,000.00 ₩ | |
| Gasoline (1 gallon) | 5,754.24 ₩ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,900,000.00 ₩ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 28,452,650.93 ₩ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 174,556.91 ₩ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 164.41 ₩ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 27,740.32 ₩ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 61,890.48 ₩ | |
| Tennis Court Rent (1 Hour on Weekend) | 21,700.00 ₩ | |
| Cinema, International Release, 1 Seat | 11,000.00 ₩ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 470,153.74 ₩ | |
| International Primary School, Yearly for 1 Child | 24,668,947.88 ₩ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 69,547.56 ₩ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48,538.87 ₩ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 93,575.31 ₩ | |
| 1 Pair of Men Leather Business Shoes | 143,759.79 ₩ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 659,751.51 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 454,621.38 ₩ | |
| Apartment (3 bedrooms) in City Centre | 1,668,001.19 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,025,000.00 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,555,738.92 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 838,862.46 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,705,515.09 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.37 |
Prices in South Korea
This country had 2492 entries in the past 12 months by 318 different contributors.
Last update: April 2021
Our data for each country are based on all entries from all cities in that country.
Last update: April 2021
Our data for each country are based on all entries from all cities in that country.
Sources and References
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DeutschLebenshaltungskosten in Südkorea
PortuguêsCusto de Vida na Coréia do Sul
ItalianoCosto della Vita in Corea del Sud
FrançaisCoût de la Vie en Corée du Sud
EspañolCosto de Vida en Corea del Sur