Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,403.64$ (4,335,365.99₩) without rent.
A single person estimated monthly costs are 930.97$ (1,185,822.87₩) without rent.
Cost of living in South Korea is, on average, 2.95% lower than in United States.
Rent in South Korea is, on average, 66.08% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	8,000.00 ₩	6,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	47,000.00 ₩	30,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	7,000.00 ₩	6,000.00-8,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,500.00-6,000.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	3,000.00-9,000.00
Cappuccino (regular)	4,606.59 ₩	2,542.06-6,500.00
Coke/Pepsi (12 oz small bottle)	1,719.84 ₩	1,200.00-2,687.94
Water (12 oz small bottle)	890.66 ₩	600.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	9,659.01 ₩	7,154.43-13,248.94
Loaf of Fresh White Bread (1 lb)	2,760.95 ₩	1,360.78-4,535.93
Rice (white), (1 lb)	2,116.85 ₩	1,133.98-3,628.74
Eggs (regular) (12)	3,618.08 ₩	1,600.00-6,000.00
Local Cheese (1 lb)	7,781.62 ₩	3,628.74-22,679.65
Chicken Fillets (1 lb)	5,255.63 ₩	2,267.96-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	16,949.14 ₩	7,711.08-31,751.50
Apples (1 lb)	3,574.77 ₩	2,041.17-8,164.67
Banana (1 lb)	1,937.23 ₩	1,133.98-4,535.93
Oranges (1 lb)	2,885.57 ₩	1,360.78-5,896.71
Tomato (1 lb)	3,106.81 ₩	1,360.78-5,896.71
Potato (1 lb)	1,961.26 ₩	907.19-2,721.56
Onion (1 lb)	1,455.89 ₩	907.19-2,267.96
Lettuce (1 head)	2,726.12 ₩	1,200.00-4,500.00
Water (1.5 liter bottle)	1,367.02 ₩	740.00-2,000.00
Bottle of Wine (Mid-Range)	15,500.00 ₩	8,000.00-30,000.00
Domestic Beer (0.5 liter bottle)	2,640.43 ₩	1,600.00-4,000.00
Imported Beer (12 oz small bottle)	3,148.72 ₩	2,000.00-5,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-6,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,300.00 ₩	1,200.00-1,500.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-80,000.00
Taxi Start (Normal Tariff)	3,300.00 ₩	3,000.00-3,900.00
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)	6,434.63 ₩	5,299.58-7,047.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	34,500,000.00 ₩	30,000,000.00-40,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	30,632,065.45 ₩	28,090,400.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	172,359.05 ₩	100,000.00-283,333.33
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	180.55 ₩	78.00-250.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	27,151.89 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	59,076.67 ₩	30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	24,233.33 ₩	10,000.00-40,000.00
Cinema, International Release, 1 Seat	12,000.00 ₩	9,000.00-15,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	472,656.25 ₩	350,000.00-671,983.96
International Primary School, Yearly for 1 Child	26,162,317.67 ₩	20,000,000.00-36,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	70,981.82 ₩	30,000.00-110,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	48,865.20 ₩	29,000.00-80,000.00
1 Pair of Nike Running Shoes (Mid-Range)	91,022.22 ₩	60,000.00-120,000.00
1 Pair of Men Leather Business Shoes	134,949.78 ₩	100,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	588,539.68 ₩	370,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre	411,993.88 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	1,361,191.20 ₩	700,000.00-3,000,000.00
Apartment (3 bedrooms) Outside of Centre	941,111.11 ₩	500,000.00-2,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,719,067.72 ₩	535,117.06-2,881,667.40
Price per Square Feet to Buy Apartment Outside of Centre	991,474.00 ₩	297,287.25-1,525,225.85
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,747,121.86 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.44	2.52-4.00

Prices in South Korea

This country had 2093 entries in the past 12 months by 274 different contributors.
Last update: May 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References