Cost of Living in South Korea

Select city in South Korea:

Summary of cost of living in South Korea:

A family of four estimated monthly costs are 3,735.0$ (5,219,681.9₩) without rent.
A single person estimated monthly costs are 1,034.2$ (1,445,320.3₩) without rent.
Cost of living in South Korea is, on average, 9.0% lower than in United States.
Rent in South Korea is, on average, 61.3% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	10,000.00 ₩	7,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	50,000.00 ₩	33,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	7,200.00-9,595.00
Domestic Beer (1 pint draught)	5,000.00 ₩	2,850.00-6,992.91
Imported Beer (12 oz small bottle)	7,000.00 ₩	4,000.00-9,500.00
Cappuccino (regular)	4,948.76 ₩	3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle)	2,073.08 ₩	1,500.00-3,100.00
Water (12 oz small bottle)	1,077.32 ₩	800.00-1,800.00
Markets	Edit
Milk (regular), (1 gallon)	11,119.53 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,799.33 ₩	2,540.12-8,164.67
Rice (white), (1 lb)	1,876.13 ₩	1,088.62-3,175.15
Eggs (regular) (12)	4,173.79 ₩	2,400.00-7,200.00
Local Cheese (1 lb)	7,975.35 ₩	4,535.93-18,143.72
Chicken Fillets (1 lb)	5,605.97 ₩	2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	18,977.99 ₩	8,164.67-34,019.47
Apples (1 lb)	4,598.72 ₩	1,814.37-6,803.89
Banana (1 lb)	2,132.83 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,600.70 ₩	1,360.78-6,350.30
Tomato (1 lb)	3,543.05 ₩	1,587.58-5,896.71
Potato (1 lb)	2,315.64 ₩	1,133.98-3,628.74
Onion (1 lb)	1,838.58 ₩	907.19-3,166.08
Lettuce (1 head)	3,313.60 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,590.71 ₩	800.00-2,000.00
Bottle of Wine (Mid-Range)	25,000.00 ₩	15,000.00-45,000.00
Domestic Beer (0.5 liter bottle)	3,040.26 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	3,745.11 ₩	2,000.00-7,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,500.00 ₩	1,350.00-1,724.00
Monthly Pass (Regular Price)	62,000.00 ₩	55,000.00-90,000.00
Taxi Start (Normal Tariff)	4,500.00 ₩	3,500.00-5,000.00
Taxi 1 mile (Normal Tariff)	1,287.48 ₩	1,207.01-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,612.00-20,000.00
Gasoline (1 gallon)	6,256.57 ₩	5,867.39-7,047.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	37,731,000.00 ₩	37,731,000.00-38,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	31,883,071.34 ₩	29,900,000.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	233,055.35 ₩	150,000.00-388,495.08
Mobile Phone Monthly Plan with Calls and 10GB+ Data	57,980.85 ₩	30,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	30,181.60 ₩	20,000.00-46,619.41
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	67,543.76 ₩	30,000.00-110,000.00
Tennis Court Rent (1 Hour on Weekend)	28,411.76 ₩	12,000.00-44,000.00
Cinema, International Release, 1 Seat	15,000.00 ₩	12,000.00-18,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	492,490.73 ₩	310,796.06-839,149.37
International Primary School, Yearly for 1 Child	30,069,428.31 ₩	18,500,000.00-42,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	80,860.96 ₩	50,000.00-130,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	64,431.15 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	113,900.29 ₩	70,000.00-180,000.00
1 Pair of Men Leather Business Shoes	152,428.57 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	758,196.63 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	478,191.83 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,126,786.68 ₩	1,000,000.00-4,720,250.79
Apartment (3 bedrooms) Outside of Centre	1,280,170.50 ₩	650,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,492,463.74 ₩	603,864.73-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre	1,007,054.02 ₩	371,609.07-1,744,017.59
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,195,750.48 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.72	3.50-6.04

Prices in South Korea

This country had 3898 entries in the past 12 months by 451 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References