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 3,893.2$ (5,212,125.9₩) without rent.
A single person estimated monthly costs are 1,075.8$ (1,440,191.3₩) without rent.
Cost of living in South Korea is, on average, 5.1% lower than in United States.
Rent in South Korea is, on average, 58.9% 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 ₩	35,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	7,000.00-9,600.00
Domestic Beer (1 pint draught)	4,500.00 ₩	2,999.71-6,693.85
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-9,000.00
Cappuccino (regular)	4,978.00 ₩	3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle)	2,049.62 ₩	1,500.00-3,100.00
Water (12 oz small bottle)	1,066.98 ₩	850.00-1,700.00
Markets	Edit
Milk (regular), (1 gallon)	11,040.19 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,793.54 ₩	2,540.12-8,164.67
Rice (white), (1 lb)	1,905.56 ₩	1,133.98-3,175.15
Eggs (regular) (12)	4,280.22 ₩	2,400.00-8,032.62
Local Cheese (1 lb)	7,657.31 ₩	4,535.93-15,875.75
Chicken Fillets (1 lb)	5,533.88 ₩	2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	19,172.44 ₩	8,164.67-34,019.47
Apples (1 lb)	4,556.78 ₩	1,360.78-6,803.89
Banana (1 lb)	2,152.02 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,678.29 ₩	1,360.78-6,667.82
Tomato (1 lb)	3,391.30 ₩	1,360.78-5,443.11
Potato (1 lb)	2,409.31 ₩	1,220.16-4,535.93
Onion (1 lb)	1,887.92 ₩	907.19-3,036.28
Lettuce (1 head)	3,285.62 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,569.21 ₩	800.00-2,000.00
Bottle of Wine (Mid-Range)	25,000.00 ₩	12,000.00-45,000.00
Domestic Beer (0.5 liter bottle)	3,042.98 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	3,724.26 ₩	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)	1,450.00 ₩	1,300.00-1,700.00
Monthly Pass (Regular Price)	62,000.00 ₩	50,000.00-90,000.00
Taxi Start (Normal Tariff)	4,500.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,287.48 ₩	1,208.62-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,612.00-20,000.00
Gasoline (1 gallon)	6,270.79 ₩	5,980.95-7,192.28
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)	31,400,050.41 ₩	28,000,000.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	224,921.01 ₩	140,000.00-371,880.56
Mobile Phone Monthly Plan with Calls and 10GB+ Data	58,631.72 ₩	30,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	29,139.04 ₩	18,000.00-45,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	65,844.42 ₩	30,000.00-120,000.00
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	485,826.09 ₩	300,000.00-803,262.00
International Primary School, Yearly for 1 Child	28,665,494.42 ₩	15,000,000.00-40,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	80,611.12 ₩	50,000.00-150,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	63,762.87 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	111,368.64 ₩	70,000.00-180,000.00
1 Pair of Men Leather Business Shoes	151,617.65 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	748,278.50 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	487,119.03 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,184,727.75 ₩	1,000,000.00-4,800,000.00
Apartment (3 bedrooms) Outside of Centre	1,274,396.17 ₩	650,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,473,185.17 ₩	568,561.87-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre	1,040,115.03 ₩	371,609.07-1,779,344.02
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,429,806.36 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.74	3.30-6.04

Prices in South Korea

This country had 3446 entries in the past 12 months by 410 different contributors.
Last update: September 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References