Cost of Living in South Korea
Summary of cost of living in South Korea:
- The estimated monthly costs for a family of four are 3,653.2$ (5,366,447.3₩), excluding rent.
- The estimated monthly costs for a single person are 1,009.8$ (1,483,415.1₩), excluding rent.
- Cost of living in South Korea is, on average, 10.7% lower than in United States.
- Rent in South Korea is, on average, 61.6% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 10,000.00 ₩ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60,000.00 ₩ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8,000.00 ₩ | |
| Domestic Beer (1 pint draught) | 5,000.00 ₩ | |
| Imported Beer (12 oz small bottle) | 7,000.00 ₩ | |
| Cappuccino (regular) | 5,032.53 ₩ | |
| Coke/Pepsi (12 oz small bottle) | 2,147.90 ₩ | |
| Water (12 oz small bottle) | 1,073.61 ₩ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 11,297.19 ₩ | |
| Loaf of Fresh White Bread (1 lb) | 3,833.46 ₩ | |
| Rice (white), (1 lb) | 1,869.91 ₩ | |
| Eggs (regular) (12) | 4,260.29 ₩ | |
| Local Cheese (1 lb) | 8,518.61 ₩ | |
| Chicken Fillets (1 lb) | 5,718.33 ₩ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 18,690.97 ₩ | |
| Apples (1 lb) | 4,840.53 ₩ | |
| Banana (1 lb) | 2,135.18 ₩ | |
| Oranges (1 lb) | 3,654.19 ₩ | |
| Tomato (1 lb) | 3,792.80 ₩ | |
| Potato (1 lb) | 2,387.29 ₩ | |
| Onion (1 lb) | 1,797.15 ₩ | |
| Lettuce (1 head) | 3,373.78 ₩ | |
| Water (1.5 liter bottle) | 1,616.74 ₩ | |
| Bottle of Wine (Mid-Range) | 25,000.00 ₩ | |
| Domestic Beer (0.5 liter bottle) | 2,972.92 ₩ | |
| Imported Beer (12 oz small bottle) | 4,049.54 ₩ | |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1,500.00 ₩ | |
| Monthly Pass (Regular Price) | 65,000.00 ₩ | |
| Taxi Start (Normal Tariff) | 4,500.00 ₩ | |
| Taxi 1 mile (Normal Tariff) | 1,352.97 ₩ | |
| Taxi 1hour Waiting (Normal Tariff) | 12,000.00 ₩ | |
| Gasoline (1 gallon) | 6,267.07 ₩ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 37,731,000.00 ₩ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 31,981,888.87 ₩ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 230,148.57 ₩ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 55,036.19 ₩ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 29,519.89 ₩ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 70,566.68 ₩ | |
| Tennis Court Rent (1 Hour on Weekend) | 28,575.00 ₩ | |
| Cinema, International Release, 1 Seat | 15,000.00 ₩ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 541,276.67 ₩ | |
| International Primary School, Yearly for 1 Child | 30,439,521.04 ₩ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 79,906.51 ₩ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 67,553.66 ₩ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 113,693.44 ₩ | |
| 1 Pair of Men Leather Business Shoes | 150,454.55 ₩ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 797,136.60 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 500,634.88 ₩ | |
| Apartment (3 bedrooms) in City Centre | 2,189,653.29 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,289,993.49 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,723,975.80 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,151,847.47 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,080,395.47 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.51 |
Prices in South Korea
This country had 2681 entries in the past 12 months by 311 different contributors.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
Moving to South Korea? Explore:
Distribution of Expenses Using Our Statistical Model:
This Page in Other Languages:
 DeutschLebenshaltungskosten in Südkorea
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 PortuguêsCusto de Vida na Coréia do Sul
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 ItalianoCosto della Vita in Corea del Sud
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 FrançaisCoût de la Vie en Corée du Sud
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 EspañolCosto de Vida en Corea del Sur
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