Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,395.95$ (4,445,019.11₩) without rent.
A single person estimated monthly costs are 929.54$ (1,216,686.65₩) without rent.
Cost of living in South Korea is, on average, 5.68% lower than in United States.
Rent in South Korea is, on average, 65.56% 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	50,000.00 ₩	30,000.00-130,887.49
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)	4,680.44 ₩	2,617.75-6,544.37
Coke/Pepsi (12 oz small bottle)	1,761.03 ₩	1,200.00-2,659.39
Water (12 oz small bottle)	898.52 ₩	600.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	9,738.76 ₩	7,570.83-13,248.94
Loaf of Fresh White Bread (1 lb)	2,897.08 ₩	1,814.37-5,443.11
Rice (white), (1 lb)	2,078.25 ₩	907.19-3,989.08
Eggs (regular) (12)	3,923.47 ₩	1,800.00-7,200.00
Local Cheese (1 lb)	7,743.91 ₩	3,628.74-18,143.72
Chicken Fillets (1 lb)	5,200.04 ₩	2,267.96-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	17,956.41 ₩	8,164.67-31,751.50
Apples (1 lb)	3,666.85 ₩	2,041.17-6,803.89
Banana (1 lb)	1,985.66 ₩	1,360.78-4,526.86
Oranges (1 lb)	3,097.68 ₩	1,360.78-6,558.95
Tomato (1 lb)	3,130.95 ₩	1,360.78-5,896.71
Potato (1 lb)	2,078.92 ₩	907.19-3,175.15
Onion (1 lb)	1,530.86 ₩	861.83-2,267.96
Lettuce (1 head)	2,850.02 ₩	1,500.00-4,500.00
Water (1.5 liter bottle)	1,323.15 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	17,000.00 ₩	8,000.00-30,000.00
Domestic Beer (0.5 liter bottle)	2,628.18 ₩	1,700.00-4,000.00
Imported Beer (12 oz small bottle)	3,172.12 ₩	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)	3,500.00 ₩	3,000.00-3,800.00
Taxi 1 mile (Normal Tariff)	1,609.34 ₩	1,190.91-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,285.00-20,000.00
Gasoline (1 gallon)	6,616.29 ₩	5,413.14-7,646.53
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)	31,121,633.00 ₩	28,090,400.00-35,461,805.56
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	182,268.95 ₩	116,875.00-283,333.33
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	201.37 ₩	78.00-300.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	27,221.43 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	59,153.18 ₩	30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	23,684.35 ₩	10,000.00-30,000.00
Cinema, International Release, 1 Seat	12,000.00 ₩	10,000.00-15,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	462,323.53 ₩	350,000.00-664,846.28
International Primary School, Yearly for 1 Child	26,620,208.21 ₩	20,000,000.00-39,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	71,034.14 ₩	35,000.00-100,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	50,312.05 ₩	30,000.00-90,000.00
1 Pair of Nike Running Shoes (Mid-Range)	93,440.15 ₩	60,000.00-120,000.00
1 Pair of Men Leather Business Shoes	132,957.51 ₩	80,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	628,577.10 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	432,347.24 ₩	300,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre	1,466,567.87 ₩	700,000.00-3,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,028,723.40 ₩	600,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,828,773.10 ₩	557,413.60-3,316,610.93
Price per Square Feet to Buy Apartment Outside of Centre	1,008,944.96 ₩	306,577.48-1,583,983.65
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,847,943.78 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.53	2.52-4.50

Prices in South Korea

This country had 2666 entries in the past 12 months by 346 different contributors.
Last update: August 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References