Cost of Living in South Korea
Summary of cost of living in South Korea:
- The estimated monthly costs for a family of four are 3,863.3$ (5,342,959.9₩), excluding rent.
- The estimated monthly costs for a single person are 1,068.3$ (1,477,516.3₩), excluding rent.
- Cost of living in South Korea is, on average, 5.1% lower than in United States.
- Rent in South Korea is, on average, 55.1% 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) | 5,136.24 ₩ | |
| Coke/Pepsi (12 oz small bottle) | 2,186.95 ₩ | |
| Water (12 oz small bottle) | 1,093.36 ₩ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 11,225.48 ₩ | |
| Loaf of Fresh White Bread (1 lb) | 3,833.63 ₩ | |
| Rice (white), (1 lb) | 1,891.48 ₩ | |
| Eggs (regular) (12) | 4,128.66 ₩ | |
| Local Cheese (1 lb) | 8,403.36 ₩ | |
| Chicken Fillets (1 lb) | 5,758.80 ₩ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 18,465.21 ₩ | |
| Apples (1 lb) | 4,864.29 ₩ | |
| Banana (1 lb) | 2,135.18 ₩ | |
| Oranges (1 lb) | 3,644.33 ₩ | |
| Tomato (1 lb) | 3,699.36 ₩ | |
| Potato (1 lb) | 2,374.89 ₩ | |
| Onion (1 lb) | 1,782.34 ₩ | |
| Lettuce (1 head) | 3,373.78 ₩ | |
| Water (1.5 liter bottle) | 1,600.60 ₩ | |
| Bottle of Wine (Mid-Range) | 25,000.00 ₩ | |
| Domestic Beer (0.5 liter bottle) | 2,934.29 ₩ | |
| Imported Beer (12 oz small bottle) | 3,974.19 ₩ | |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1,500.00 ₩ | |
| Monthly Pass (Regular Price) | 64,000.00 ₩ | |
| Taxi Start (Normal Tariff) | 4,500.00 ₩ | |
| Taxi 1 mile (Normal Tariff) | 1,391.92 ₩ | |
| Taxi 1hour Waiting (Normal Tariff) | 12,000.00 ₩ | |
| Gasoline (1 gallon) | 6,258.10 ₩ | |
| 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) | 32,582,742.96 ₩ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 230,023.24 ₩ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 54,820.43 ₩ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 29,626.28 ₩ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 70,664.67 ₩ | |
| Tennis Court Rent (1 Hour on Weekend) | 26,261.90 ₩ | |
| Cinema, International Release, 1 Seat | 15,000.00 ₩ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 536,117.05 ₩ | |
| International Primary School, Yearly for 1 Child | 32,072,767.97 ₩ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 79,172.06 ₩ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 66,575.10 ₩ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 110,991.47 ₩ | |
| 1 Pair of Men Leather Business Shoes | 147,763.16 ₩ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 910,952.90 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 576,275.64 ₩ | |
| Apartment (3 bedrooms) in City Centre | 2,374,696.49 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,410,439.88 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,881,725.07 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,216,000.70 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,475,059.74 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.33 |
Prices in South Korea
This country had 2944 entries in the past 12 months by 354 different contributors.
Last update: 28 May 2025
Our data for each country are based on all entries from all cities in that country.
Last update: 28 May 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
|
 PortuguêsCusto de Vida na Coréia do Sul
|
 ItalianoCosto della Vita in Corea del Sud
|
 FrançaisCoût de la Vie en Corée du Sud
|
 EspañolCosto de Vida en Corea del Sur
|