Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,530.85$ (4,162,026.04₩) without rent.
A single person estimated monthly costs are 970.80$ (1,144,339.52₩) without rent.
Cost of living in South Korea is, on average, 3.95% higher than in United States.
Rent in South Korea is, on average, 49.30% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	8,000.00 ₩	6,000.00-12,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	42,500.00 ₩	28,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	6,500.00 ₩	5,900.00-7,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,000.00-5,481.78
Imported Beer (12 oz small bottle)	5,893.80 ₩	3,000.00-9,000.00
Cappuccino (regular)	4,508.85 ₩	2,500.00-6,000.00
Coke/Pepsi (12 oz small bottle)	1,643.84 ₩	1,200.00-2,740.89
Water (12 oz small bottle)	858.20 ₩	600.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	9,295.25 ₩	7,154.43-11,734.78
Loaf of Fresh White Bread (1 lb)	2,698.74 ₩	1,814.37-4,082.34
Rice (white), (1 lb)	2,052.77 ₩	907.19-3,175.15
Eggs (regular) (12)	3,383.97 ₩	1,800.00-6,000.00
Local Cheese (1 lb)	7,782.87 ₩	3,742.14-18,143.72
Chicken Fillets (1 lb)	4,999.56 ₩	2,267.96-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	15,000.34 ₩	6,803.89-31,751.50
Apples (1 lb)	3,659.94 ₩	2,041.17-6,350.30
Banana (1 lb)	1,842.60 ₩	1,360.78-3,628.74
Oranges (1 lb)	2,557.91 ₩	1,270.06-4,535.93
Tomato (1 lb)	2,997.30 ₩	1,360.78-5,443.11
Potato (1 lb)	1,839.34 ₩	907.19-2,721.56
Onion (1 lb)	1,381.25 ₩	907.19-2,267.96
Lettuce (1 head)	2,487.50 ₩	1,200.00-3,536.28
Water (1.5 liter bottle)	1,324.14 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	16,000.00 ₩	9,000.00-30,000.00
Domestic Beer (0.5 liter bottle)	2,569.30 ₩	1,538.46-4,000.00
Imported Beer (12 oz small bottle)	3,062.22 ₩	2,500.00-4,500.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,300.00 ₩	1,250.00-1,500.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-73,913.04
Taxi Start (Normal Tariff)	3,400.00 ₩	3,000.00-3,800.00
Taxi 1 mile (Normal Tariff)	1,287.48 ₩	1,126.54-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,000.00-20,000.00
Gasoline (1 gallon)	5,729.76 ₩	5,091.38-6,435.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	32,450,000.00 ₩	30,000,000.00-40,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	30,120,059.50 ₩	27,960,965.00-36,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	174,810.88 ₩	100,000.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	159.64 ₩	100.00-250.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	26,980.00 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	59,109.29 ₩	30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	22,037.50 ₩	10,000.00-35,000.00
Cinema, International Release, 1 Seat	11,000.00 ₩	9,000.00-15,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	475,832.88 ₩	350,000.00-700,000.00
International Primary School, Yearly for 1 Child	26,128,475.88 ₩	20,000,000.00-35,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	69,376.18 ₩	30,000.00-100,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	47,017.18 ₩	29,000.00-80,000.00
1 Pair of Nike Running Shoes (Mid-Range)	93,614.60 ₩	60,000.00-120,000.00
1 Pair of Men Leather Business Shoes	137,138.97 ₩	80,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	617,784.36 ₩	400,000.00-1,350,000.00
Apartment (1 bedroom) Outside of Centre	448,240.23 ₩	300,000.00-954,247.35
Apartment (3 bedrooms) in City Centre	1,746,791.99 ₩	850,000.00-3,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,008,181.82 ₩	600,000.00-2,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,848,467.65 ₩	650,315.87-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre	966,075.98 ₩	362,318.84-1,393,534.00
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,659,138.98 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.27	2.50-4.00

Prices in South Korea

This country had 3166 entries in the past 12 months by 397 different contributors.
Last update: October 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References