Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,745.74$ (4,182,682.99₩) without rent.
A single person estimated monthly costs are 1,029.48$ (1,149,568.60₩) without rent.
Cost of living in South Korea is, on average, 10.92% higher than in United States.
Rent in South Korea is, on average, 45.96% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	7,500.00 ₩	5,000.00-10,703.62
Meal for 2 People, Mid-range Restaurant, Three-course	40,000.00 ₩	30,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	6,500.00 ₩	5,600.00-7,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	3,500.00-8,000.00
Cappuccino (regular)	4,478.49 ₩	2,165.08-6,000.00
Coke/Pepsi (12 oz small bottle)	1,705.21 ₩	1,200.00-3,000.00
Water (12 oz small bottle)	877.82 ₩	600.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	9,263.00 ₩	6,813.74-12,680.83
Loaf of Fresh White Bread (1 lb)	2,683.01 ₩	1,814.37-4,535.93
Rice (white), (1 lb)	2,043.68 ₩	952.55-3,628.74
Eggs (regular) (12)	3,186.47 ₩	1,600.00-5,000.00
Local Cheese (1 lb)	8,496.04 ₩	4,535.93-22,679.65
Chicken Fillets (1 lb)	4,753.28 ₩	2,267.96-8,618.27
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	15,380.78 ₩	6,803.89-31,751.50
Apples (1 lb)	3,716.22 ₩	1,814.37-6,350.30
Banana (1 lb)	1,829.11 ₩	1,360.78-3,628.74
Oranges (1 lb)	2,576.41 ₩	1,270.06-4,535.93
Tomato (1 lb)	3,027.91 ₩	1,483.25-5,443.11
Potato (1 lb)	1,822.91 ₩	907.19-2,721.56
Onion (1 lb)	1,357.66 ₩	907.19-2,267.96
Lettuce (1 head)	2,438.08 ₩	1,000.00-3,349.92
Water (1.5 liter bottle)	1,308.82 ₩	800.00-2,000.00
Bottle of Wine (Mid-Range)	16,874.80 ₩	9,000.00-30,000.00
Domestic Beer (0.5 liter bottle)	2,586.19 ₩	1,700.00-4,000.00
Imported Beer (12 oz small bottle)	3,075.00 ₩	2,500.00-5,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,250.00 ₩	1,250.00-1,500.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-70,000.00
Taxi Start (Normal Tariff)	3,500.00 ₩	3,000.00-3,800.00
Taxi 1 mile (Normal Tariff)	1,287.48 ₩	1,200.57-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,285.00-20,000.00
Gasoline (1 gallon)	5,755.60 ₩	4,921.04-6,435.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	32,900,000.00 ₩	30,000,000.00-38,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	28,452,650.93 ₩	26,000,000.00-32,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	174,535.04 ₩	106,250.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	164.41 ₩	78.00-250.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	27,738.79 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	61,890.48 ₩	30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	21,700.00 ₩	10,000.00-30,000.00
Cinema, International Release, 1 Seat	11,000.00 ₩	9,000.00-14,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	470,112.22 ₩	300,000.00-800,000.00
International Primary School, Yearly for 1 Child	24,666,694.97 ₩	20,000,000.00-35,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	69,543.11 ₩	30,000.00-100,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	48,533.28 ₩	29,000.00-80,000.00
1 Pair of Nike Running Shoes (Mid-Range)	93,570.58 ₩	60,000.00-130,000.00
1 Pair of Men Leather Business Shoes	143,746.40 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	659,678.51 ₩	400,000.00-1,339,968.00
Apartment (1 bedroom) Outside of Centre	454,572.76 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	1,667,810.08 ₩	800,000.00-3,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,024,935.43 ₩	600,000.00-1,800,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,555,122.99 ₩	650,315.87-2,474,916.39
Price per Square Feet to Buy Apartment Outside of Centre	838,611.18 ₩	281,522.02-1,235,600.15
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,704,897.65 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.37	2.50-4.50

Prices in South Korea

This country had 2489 entries in the past 12 months by 317 different contributors.
Last update: April 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References