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 3,710.3$ (5,142,403.5₩) without rent.
A single person estimated monthly costs are 1,025.6$ (1,421,408.7₩) without rent.
Cost of living in South Korea is, on average, 10.3% lower than in United States.
Rent in South Korea is, on average, 64.4% 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 ₩	2,800.00-6,565.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-8,500.00
Cappuccino (regular)	4,990.85 ₩	3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle)	2,022.47 ₩	1,500.00-3,100.00
Water (12 oz small bottle)	1,044.00 ₩	800.00-1,700.00
Markets	Edit
Milk (regular), (1 gallon)	10,852.98 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,738.45 ₩	2,267.96-8,164.67
Rice (white), (1 lb)	1,919.02 ₩	1,133.98-3,175.15
Eggs (regular) (12)	4,312.86 ₩	2,400.00-7,200.00
Local Cheese (1 lb)	7,744.11 ₩	4,535.93-15,875.75
Chicken Fillets (1 lb)	5,527.19 ₩	2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	18,966.73 ₩	8,618.27-34,019.47
Apples (1 lb)	4,365.89 ₩	1,814.37-6,803.89
Banana (1 lb)	2,104.43 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,559.97 ₩	1,360.78-6,667.82
Tomato (1 lb)	3,326.73 ₩	1,360.78-5,443.11
Potato (1 lb)	2,332.15 ₩	1,133.98-4,535.93
Onion (1 lb)	1,819.92 ₩	907.19-2,721.56
Lettuce (1 head)	3,311.45 ₩	1,500.00-5,543.96
Water (1.5 liter bottle)	1,546.18 ₩	600.00-2,000.00
Bottle of Wine (Mid-Range)	21,625.00 ₩	10,000.00-40,000.00
Domestic Beer (0.5 liter bottle)	2,979.80 ₩	2,000.00-4,500.00
Imported Beer (12 oz small bottle)	3,629.07 ₩	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 ₩	1,250.00-1,650.00
Monthly Pass (Regular Price)	62,000.00 ₩	50,000.00-90,000.00
Taxi Start (Normal Tariff)	4,400.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,448.41 ₩	1,207.01-2,253.08
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,612.00-20,000.00
Gasoline (1 gallon)	6,272.22 ₩	5,867.39-7,381.55
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	37,731,000.00 ₩	37,731,000.00-38,400,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	31,484,799.25 ₩	27,960,965.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	222,237.79 ₩	136,000.00-400,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data	60,163.13 ₩	30,000.00-70,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	29,260.00 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	63,433.04 ₩	30,000.00-125,000.00
Tennis Court Rent (1 Hour on Weekend)	26,311.32 ₩	10,000.00-40,000.00
Cinema, International Release, 1 Seat	15,000.00 ₩	12,000.00-17,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	477,279.92 ₩	307,997.98-831,594.54
International Primary School, Yearly for 1 Child	27,476,552.95 ₩	11,087,927.14-40,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	77,445.72 ₩	35,000.00-130,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	58,469.44 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	108,857.44 ₩	65,000.00-179,000.00
1 Pair of Men Leather Business Shoes	153,857.14 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	711,759.70 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	495,650.68 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,001,300.56 ₩	900,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,222,175.85 ₩	600,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,568,924.76 ₩	650,315.87-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre	1,051,607.71 ₩	371,609.07-1,803,655.33
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,335,904.89 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.69	3.25-6.04

Prices in South Korea

This country had 3350 entries in the past 12 months by 402 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References