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 3,638.6$ (4,756,101.4₩) without rent.
A single person estimated monthly costs are 1,008.8$ (1,318,647.3₩) without rent.
Cost of living in South Korea is, on average, 6.8% lower than in United States.
Rent in South Korea is, on average, 61.6% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	9,000.00 ₩	6,000.00-13,071.30
Meal for 2 People, Mid-range Restaurant, Three-course	50,000.00 ₩	31,371.13-120,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	6,500.00-9,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,500.00-6,000.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-8,000.00
Cappuccino (regular)	4,751.05 ₩	3,200.00-6,535.65
Coke/Pepsi (12 oz small bottle)	1,924.59 ₩	1,500.00-3,000.00
Water (12 oz small bottle)	979.84 ₩	726.18-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	10,353.95 ₩	7,570.83-15,898.73
Loaf of Fresh White Bread (1 lb)	3,361.61 ₩	2,267.96-6,168.86
Rice (white), (1 lb)	2,002.78 ₩	952.55-3,628.74
Eggs (regular) (12)	4,375.51 ₩	2,200.00-7,200.00
Local Cheese (1 lb)	7,575.66 ₩	3,628.74-18,143.72
Chicken Fillets (1 lb)	5,054.03 ₩	2,494.76-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	20,154.07 ₩	8,164.67-36,287.43
Apples (1 lb)	3,767.21 ₩	1,360.78-5,443.11
Banana (1 lb)	2,065.42 ₩	1,360.78-4,526.86
Oranges (1 lb)	3,625.67 ₩	1,360.78-6,350.30
Tomato (1 lb)	3,332.14 ₩	1,587.58-5,805.99
Potato (1 lb)	2,309.20 ₩	907.19-4,535.93
Onion (1 lb)	1,798.65 ₩	907.19-2,540.12
Lettuce (1 head)	3,076.85 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,376.76 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	20,000.00 ₩	9,000.00-36,000.00
Domestic Beer (0.5 liter bottle)	2,856.07 ₩	1,900.00-4,500.00
Imported Beer (12 oz small bottle)	3,327.62 ₩	2,500.00-5,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-6,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,300.00 ₩	1,250.00-1,500.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-80,000.00
Taxi Start (Normal Tariff)	3,750.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,609.34 ₩	1,207.01-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,000.00-18,500.00
Gasoline (1 gallon)	6,633.11 ₩	6,052.87-7,684.39
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	40,000,000.00 ₩	35,000,000.00-44,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	32,153,032.37 ₩	28,090,400.00-36,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	213,312.07 ₩	136,000.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	197.62 ₩	100.00-250.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	28,232.88 ₩	20,000.00-49,500.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	63,250.56 ₩	30,000.00-125,000.00
Tennis Court Rent (1 Hour on Weekend)	23,488.18 ₩	10,000.00-30,000.00
Cinema, International Release, 1 Seat	13,000.00 ₩	10,000.00-16,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	483,666.12 ₩	350,000.00-700,000.00
International Primary School, Yearly for 1 Child	27,666,030.46 ₩	15,000,000.00-43,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	72,413.69 ₩	35,000.00-110,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	51,033.31 ₩	30,000.00-90,000.00
1 Pair of Nike Running Shoes (Mid-Range)	97,983.74 ₩	60,000.00-150,000.00
1 Pair of Men Leather Business Shoes	142,906.11 ₩	90,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	663,074.90 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	477,435.35 ₩	300,000.00-972,649.65
Apartment (3 bedrooms) in City Centre	1,885,496.61 ₩	800,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,171,686.03 ₩	600,000.00-2,750,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,409,784.30 ₩	492,160.82-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre	946,773.96 ₩	297,287.25-1,672,240.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,135,321.58 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.96	3.00-5.50

Prices in South Korea

This country had 2987 entries in the past 12 months by 342 different contributors.
Last update: June 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References