Cost of Living in South Korea

Summary of cost of living in South Korea:

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
Distribution of Expenses Using Our Statistical Model:
  
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