Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,574.3$ (4,679,932.9₩) without rent.
A single person estimated monthly costs are 987.7$ (1,293,197.1₩) without rent.
Cost of living in South Korea is, on average, 6.1% lower than in United States.
Rent in South Korea is, on average, 61.1% 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 ₩	30,000.00-120,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	7,500.00 ₩	6,000.00-8,700.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,500.00-6,000.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	3,300.00-9,000.00
Cappuccino (regular)	4,700.77 ₩	2,618.63-6,546.58
Coke/Pepsi (12 oz small bottle)	1,883.37 ₩	1,500.00-3,000.00
Water (12 oz small bottle)	972.14 ₩	700.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	10,276.75 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,280.11 ₩	1,814.37-5,443.11
Rice (white), (1 lb)	1,991.67 ₩	907.19-3,628.74
Eggs (regular) (12)	4,295.78 ₩	2,160.00-7,200.00
Local Cheese (1 lb)	7,827.96 ₩	3,628.74-18,143.72
Chicken Fillets (1 lb)	5,407.02 ₩	2,618.63-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	19,472.84 ₩	7,257.49-40,823.36
Apples (1 lb)	3,728.23 ₩	1,360.78-5,896.71
Banana (1 lb)	2,048.89 ₩	1,360.78-4,354.49
Oranges (1 lb)	3,604.94 ₩	1,360.78-6,350.30
Tomato (1 lb)	3,367.03 ₩	1,360.78-5,896.71
Potato (1 lb)	2,147.52 ₩	907.19-4,082.34
Onion (1 lb)	1,701.45 ₩	907.19-2,267.96
Lettuce (1 head)	2,996.75 ₩	1,500.00-4,900.00
Water (1.5 liter bottle)	1,373.21 ₩	600.00-2,000.00
Bottle of Wine (Mid-Range)	20,000.00 ₩	10,000.00-35,000.00
Domestic Beer (0.5 liter bottle)	2,705.77 ₩	1,800.00-4,000.00
Imported Beer (12 oz small bottle)	3,100.66 ₩	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 ₩	1,250.00-1,500.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-80,000.00
Taxi Start (Normal Tariff)	3,550.00 ₩	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 ₩	10,200.00-20,000.00
Gasoline (1 gallon)	6,632.12 ₩	5,678.12-7,684.39
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	38,000,000.00 ₩	32,900,000.00-44,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	31,958,880.32 ₩	28,090,400.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	195,961.82 ₩	121,428.57-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	223.23 ₩	100.00-333.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	28,151.91 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	59,772.13 ₩	30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	24,868.57 ₩	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	479,312.50 ₩	350,000.00-700,000.00
International Primary School, Yearly for 1 Child	27,000,603.94 ₩	13,200,000.00-40,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	72,890.43 ₩	35,000.00-110,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	53,310.17 ₩	30,000.00-90,000.00
1 Pair of Nike Running Shoes (Mid-Range)	96,303.74 ₩	60,000.00-140,000.00
1 Pair of Men Leather Business Shoes	135,168.06 ₩	80,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	634,004.33 ₩	400,000.00-1,402,572.61
Apartment (1 bedroom) Outside of Centre	475,607.75 ₩	300,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre	1,875,360.68 ₩	800,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,175,191.29 ₩	600,000.00-3,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,640,673.95 ₩	557,413.60-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre	984,075.76 ₩	306,577.48-1,672,240.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,992,527.26 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.72	2.60-5.00

Prices in South Korea

This country had 2483 entries in the past 12 months by 294 different contributors.
Last update: March 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References