Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 9,000.00 ₩ 7,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 ₩ 30,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 7,500.00 ₩ 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) 4,779.90 ₩ 3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle) 1,880.52 ₩ 1,500.00-2,700.00
Water (12 oz small bottle) 963.35 ₩ 800.00-1,500.00
Markets
Edit
Milk (regular), (1 gallon) 10,442.08 ₩ 7,570.83-15,898.73
Loaf of Fresh White Bread (1 lb) 3,452.07 ₩ 2,249.82-7,257.49
Rice (white), (1 lb) 2,028.10 ₩ 1,088.62-3,628.74
Eggs (regular) (12) 4,524.23 ₩ 2,280.00-7,200.00
Local Cheese (1 lb) 7,583.30 ₩ 4,535.93-18,143.72
Chicken Fillets (1 lb) 5,127.38 ₩ 2,494.76-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 19,431.47 ₩ 7,348.21-36,287.43
Apples (1 lb) 3,991.33 ₩ 1,360.78-5,443.11
Banana (1 lb) 2,083.20 ₩ 1,360.78-4,535.93
Oranges (1 lb) 3,465.67 ₩ 1,360.78-6,350.30
Tomato (1 lb) 3,348.28 ₩ 1,587.58-5,896.71
Potato (1 lb) 2,433.32 ₩ 1,088.62-4,535.93
Onion (1 lb) 1,736.04 ₩ 907.19-2,676.20
Lettuce (1 head) 3,091.43 ₩ 1,500.00-5,000.00
Water (1.5 liter bottle) 1,431.41 ₩ 700.00-2,000.00
Bottle of Wine (Mid-Range) 20,000.00 ₩ 10,000.00-36,000.00
Domestic Beer (0.5 liter bottle) 2,901.12 ₩ 1,900.00-4,500.00
Imported Beer (12 oz small bottle) 3,421.46 ₩ 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 ₩ 1,250.00-1,550.00
Monthly Pass (Regular Price) 55,000.00 ₩ 50,000.00-80,000.00
Taxi Start (Normal Tariff) 3,800.00 ₩ 3,300.00-4,800.00
Taxi 1 mile (Normal Tariff) 1,448.41 ₩ 1,207.01-2,414.02
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩ 10,200.00-18,500.00
Gasoline (1 gallon) 6,661.82 ₩ 5,980.95-7,828.23
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩ 37,731,000.00-40,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,768,527.95 ₩ 30,000,000.00-36,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 215,068.85 ₩ 141,666.67-300,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 66,233.87 ₩ 33,000.00-69,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28,566.20 ₩ 20,000.00-50,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 63,589.55 ₩ 30,000.00-125,000.00
Tennis Court Rent (1 Hour on Weekend) 21,511.43 ₩ 10,000.00-30,000.00
Cinema, International Release, 1 Seat 13,500.00 ₩ 10,000.00-17,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 486,500.00 ₩ 350,000.00-760,000.00
International Primary School, Yearly for 1 Child 28,338,391.33 ₩ 15,000,000.00-43,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 75,655.51 ₩ 40,000.00-120,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 55,119.03 ₩ 30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range) 104,522.83 ₩ 61,000.00-150,000.00
1 Pair of Men Leather Business Shoes 150,325.39 ₩ 80,000.00-220,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 667,223.12 ₩ 400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre 478,222.93 ₩ 300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre 1,934,838.53 ₩ 800,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre 1,163,881.02 ₩ 600,000.00-2,750,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,559,490.37 ₩ 557,413.60-3,483,835.01
Price per Square Feet to Buy Apartment Outside of Centre 1,071,067.55 ₩ 371,609.07-1,858,045.34
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,243,886.83 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.21 3.00-5.60

Prices in South Korea

This country had 3514 entries in the past 12 months by 418 different contributors.
Last update: October 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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