Cost of Living in South Korea

Select city in South Korea:

Summary of cost of living in South Korea:

A family of four estimated monthly costs are 3,717.0$ (5,064,325.0₩) without rent.
A single person estimated monthly costs are 1,028.5$ (1,401,267.1₩) without rent.
Cost of living in South Korea is, on average, 14.3% lower than in United States.
Rent in South Korea is, on average, 62.3% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	10,000.00 ₩	7,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	50,000.00 ₩	35,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	7,000.00-9,595.00
Domestic Beer (1 pint draught)	4,500.00 ₩	2,800.00-6,812.37
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-9,000.00
Cappuccino (regular)	4,964.29 ₩	3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle)	1,970.14 ₩	1,500.00-3,000.00
Water (12 oz small bottle)	1,040.02 ₩	800.00-1,800.00
Markets	Edit
Milk (regular), (1 gallon)	10,778.87 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,619.43 ₩	2,267.96-8,164.67
Rice (white), (1 lb)	1,907.46 ₩	1,133.98-3,628.74
Eggs (regular) (12)	4,268.88 ₩	2,400.00-7,200.00
Local Cheese (1 lb)	7,418.46 ₩	4,535.93-15,875.75
Chicken Fillets (1 lb)	5,226.12 ₩	2,494.76-7,711.08
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	19,053.60 ₩	8,164.67-34,333.80
Apples (1 lb)	4,127.15 ₩	1,360.78-6,803.89
Banana (1 lb)	2,089.34 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,508.78 ₩	1,360.78-6,350.30
Tomato (1 lb)	3,342.04 ₩	1,360.78-5,805.99
Potato (1 lb)	2,413.37 ₩	1,088.62-4,535.93
Onion (1 lb)	1,806.10 ₩	907.19-2,676.20
Lettuce (1 head)	3,187.62 ₩	1,500.00-4,900.00
Water (1.5 liter bottle)	1,435.44 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	20,000.00 ₩	10,000.00-37,846.49
Domestic Beer (0.5 liter bottle)	2,908.53 ₩	2,000.00-4,500.00
Imported Beer (12 oz small bottle)	3,602.64 ₩	2,250.00-7,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,450.00 ₩	1,250.00-1,600.00
Monthly Pass (Regular Price)	60,000.00 ₩	50,000.00-70,000.00
Taxi Start (Normal Tariff)	4,200.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,609.34 ₩	1,208.62-2,253.08
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,250.00-20,000.00
Gasoline (1 gallon)	6,297.58 ₩	5,980.95-7,381.55
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	37,731,000.00 ₩	37,731,000.00-38,400,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	32,358,800.79 ₩	28,000,000.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	224,013.39 ₩	141,666.67-300,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data	62,460.23 ₩	33,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	29,570.33 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	62,466.65 ₩	30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)	22,491.11 ₩	10,000.00-30,000.00
Cinema, International Release, 1 Seat	14,750.00 ₩	12,000.00-17,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	473,666.67 ₩	350,000.00-762,000.00
International Primary School, Yearly for 1 Child	28,068,166.70 ₩	15,000,000.00-44,500,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	77,391.37 ₩	40,000.00-125,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	57,005.03 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	109,019.61 ₩	65,000.00-160,000.00
1 Pair of Men Leather Business Shoes	151,334.69 ₩	80,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	685,468.75 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	485,748.32 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,019,090.91 ₩	850,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,222,214.20 ₩	600,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,457,596.99 ₩	568,561.87-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre	975,148.20 ₩	360,460.80-1,727,982.16
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,256,247.72 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.69	3.44-6.50

Prices in South Korea

This country had 2814 entries in the past 12 months by 342 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References