Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,628.35$ (4,179,860.54₩) without rent.
A single person estimated monthly costs are 997.64$ (1,149,279.57₩) without rent.
Cost of living in South Korea is, on average, 6.96% higher than in United States.
Rent in South Korea is, on average, 46.15% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	7,500.00 ₩	5,000.00-10,935.96
Meal for 2 People, Mid-range Restaurant, Three-course	40,000.00 ₩	28,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	6,500.00 ₩	5,700.00-7,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	5,879.83 ₩	3,300.00-8,000.00
Cappuccino (regular)	4,498.96 ₩	2,500.00-6,000.00
Coke/Pepsi (12 oz small bottle)	1,646.47 ₩	1,200.00-3,000.00
Water (12 oz small bottle)	867.17 ₩	600.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	9,269.86 ₩	7,154.43-11,734.78
Loaf of Fresh White Bread (1 lb)	2,662.09 ₩	1,814.37-4,535.93
Rice (white), (1 lb)	2,019.33 ₩	907.19-3,175.15
Eggs (regular) (12)	3,314.02 ₩	1,600.00-5,520.00
Local Cheese (1 lb)	7,793.49 ₩	3,742.14-18,143.72
Chicken Fillets (1 lb)	4,948.05 ₩	2,267.96-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	15,138.74 ₩	6,803.89-31,751.50
Apples (1 lb)	3,716.23 ₩	1,814.37-5,896.71
Banana (1 lb)	1,898.61 ₩	1,360.78-3,628.74
Oranges (1 lb)	2,676.36 ₩	1,270.06-4,535.93
Tomato (1 lb)	3,011.10 ₩	1,483.25-5,443.11
Potato (1 lb)	1,871.27 ₩	907.19-2,721.56
Onion (1 lb)	1,402.55 ₩	907.19-2,267.96
Lettuce (1 head)	2,486.33 ₩	1,000.00-3,455.79
Water (1.5 liter bottle)	1,284.55 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	16,500.00 ₩	9,000.00-30,000.00
Domestic Beer (0.5 liter bottle)	2,595.10 ₩	1,600.00-4,000.00
Imported Beer (12 oz small bottle)	3,065.12 ₩	2,200.00-5,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,300.00 ₩	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 ₩	1,126.54-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,000.00-20,000.00
Gasoline (1 gallon)	5,688.81 ₩	4,921.04-6,435.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	32,450,000.00 ₩	30,000,000.00-38,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	29,549,622.13 ₩	27,000,000.00-33,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	175,214.54 ₩	100,000.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	152.38 ₩	78.00-250.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	27,165.62 ₩	20,000.00-40,317.55
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	60,455.56 ₩	35,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	22,604.17 ₩	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	472,598.93 ₩	300,000.00-700,000.00
International Primary School, Yearly for 1 Child	25,548,431.06 ₩	20,000,000.00-35,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	69,920.27 ₩	30,000.00-100,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	48,548.96 ₩	29,000.00-80,000.00
1 Pair of Nike Running Shoes (Mid-Range)	94,634.96 ₩	60,000.00-120,000.00
1 Pair of Men Leather Business Shoes	141,954.31 ₩	80,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	645,691.48 ₩	400,000.00-1,400,000.00
Apartment (1 bedroom) Outside of Centre	460,814.04 ₩	300,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre	1,774,343.90 ₩	900,000.00-4,000,000.00
Apartment (3 bedrooms) Outside of Centre	1,039,726.68 ₩	600,000.00-2,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,710,946.07 ₩	650,315.87-2,601,263.47
Price per Square Feet to Buy Apartment Outside of Centre	891,409.74 ₩	325,157.93-1,393,534.00
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,731,959.41 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.31	2.50-4.00

Prices in South Korea

This country had 2808 entries in the past 12 months by 351 different contributors.
Last update: August 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References