Cost of Living Comparison Between Israel and South Korea 
| Indices Difference |  |
|---|---|
| Consumer Prices in South Korea are 4.4% lower than in Israel (without rent) | |
| Consumer Prices Including Rent in South Korea are 15.7% lower than in Israel | |
| Rent Prices in South Korea are 43.4% lower than in Israel | |
| Restaurant Prices in South Korea are 53.6% lower than in Israel | |
| Groceries Prices in South Korea are 36.2% higher than in Israel | |
| Local Purchasing Power in South Korea is 10.2% higher than in Israel | |
Restaurants | Israel Edit |
South Korea Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
70.00 ₪ (25,582.34 ₩) |
27.36 ₪ (10,000.00 ₩) |
-60.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
300.00 ₪ (109,638.59 ₩) |
136.81 ₪ (50,000.00 ₩) |
-54.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
55.00 ₪ (20,100.41 ₩) |
21.89 ₪ (8,000.00 ₩) |
-60.2 % |
| Domestic Beer (1 pint draught) |
30.00 ₪ (10,963.86 ₩) |
12.31 ₪ (4,500.00 ₩) |
-59.0 % |
| Imported Beer (12 oz small bottle) |
30.00 ₪ (10,963.86 ₩) |
16.42 ₪ (6,000.00 ₩) |
-45.3 % |
| Cappuccino (regular) |
13.78 ₪ (5,035.06 ₩) |
13.63 ₪ (4,982.23 ₩) |
-1.0 % |
| Coke/Pepsi (12 oz small bottle) |
9.72 ₪ (3,551.71 ₩) |
5.39 ₪ (1,970.05 ₩) |
-44.5 % |
| Water (12 oz small bottle) |
8.01 ₪ (2,926.38 ₩) |
2.85 ₪ (1,039.96 ₩) |
-64.5 % |
Markets | Israel Edit |
South Korea Edit | |
| Milk (regular), (1 gallon) |
24.69 ₪ (9,023.59 ₩) |
29.60 ₪ (10,815.94 ₩) |
+19.9 % |
| Loaf of Fresh White Bread (1 lb) |
8.11 ₪ (2,964.79 ₩) |
9.90 ₪ (3,619.36 ₩) |
+22.1 % |
| Rice (white), (1 lb) |
4.51 ₪ (1,647.14 ₩) |
5.22 ₪ (1,907.23 ₩) |
+15.8 % |
| Eggs (regular) (12) |
13.93 ₪ (5,092.63 ₩) |
11.68 ₪ (4,268.69 ₩) |
-16.2 % |
| Local Cheese (1 lb) |
22.95 ₪ (8,387.53 ₩) |
20.32 ₪ (7,425.07 ₩) |
-11.5 % |
| Chicken Fillets (1 lb) |
17.11 ₪ (6,253.23 ₩) |
14.53 ₪ (5,310.94 ₩) |
-15.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
31.06 ₪ (11,352.86 ₩) |
52.14 ₪ (19,053.60 ₩) |
+67.8 % |
| Apples (1 lb) |
5.21 ₪ (1,903.12 ₩) |
11.32 ₪ (4,135.59 ₩) |
+117.3 % |
| Banana (1 lb) |
3.57 ₪ (1,304.17 ₩) |
5.70 ₪ (2,084.08 ₩) |
+59.8 % |
| Oranges (1 lb) |
2.94 ₪ (1,075.96 ₩) |
9.55 ₪ (3,491.17 ₩) |
+224.5 % |
| Tomato (1 lb) |
3.15 ₪ (1,150.31 ₩) |
9.16 ₪ (3,347.67 ₩) |
+191.0 % |
| Potato (1 lb) |
2.23 ₪ (815.34 ₩) |
6.62 ₪ (2,419.72 ₩) |
+196.8 % |
| Onion (1 lb) |
2.33 ₪ (852.82 ₩) |
4.94 ₪ (1,806.04 ₩) |
+111.8 % |
| Lettuce (1 head) |
6.70 ₪ (2,448.60 ₩) |
8.82 ₪ (3,223.26 ₩) |
+31.6 % |
| Water (1.5 liter bottle) |
4.79 ₪ (1,750.59 ₩) |
3.93 ₪ (1,435.40 ₩) |
-18.0 % |
| Bottle of Wine (Mid-Range) |
40.00 ₪ (14,618.48 ₩) |
54.73 ₪ (20,000.00 ₩) |
+36.8 % |
| Domestic Beer (0.5 liter bottle) |
9.26 ₪ (3,384.68 ₩) |
7.96 ₪ (2,908.41 ₩) |
-14.1 % |
| Imported Beer (12 oz small bottle) |
10.98 ₪ (4,014.11 ₩) |
9.86 ₪ (3,602.51 ₩) |
-10.3 % |
| Cigarettes 20 Pack (Marlboro) |
35.00 ₪ (12,791.17 ₩) |
12.31 ₪ (4,500.00 ₩) |
-64.8 % |
Transportation | Israel Edit |
South Korea Edit | |
| One-way Ticket (Local Transport) |
5.55 ₪ (2,028.31 ₩) |
3.97 ₪ (1,450.00 ₩) |
-28.5 % |
| Monthly Pass (Regular Price) |
225.00 ₪ (82,228.94 ₩) |
164.18 ₪ (60,000.00 ₩) |
-27.0 % |
| Taxi Start (Normal Tariff) |
15.50 ₪ (5,664.66 ₩) |
11.49 ₪ (4,200.00 ₩) |
-25.9 % |
| Taxi 1 mile (Normal Tariff) |
6.12 ₪ (2,234.99 ₩) |
4.40 ₪ (1,609.34 ₩) |
-28.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
104.40 ₪ (38,154.23 ₩) |
32.84 ₪ (12,000.00 ₩) |
-68.5 % |
| Gasoline (1 gallon) |
26.95 ₪ (9,849.17 ₩) |
17.23 ₪ (6,297.58 ₩) |
-36.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
141,814.00 ₪ (51,827,623.65 ₩) |
103,241.93 ₪ (37,731,000.00 ₩) |
-27.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
146,224.66 ₪ (53,439,550.99 ₩) |
88,542.18 ₪ (32,358,800.79 ₩) |
-39.4 % |
Utilities (Monthly) | Israel Edit |
South Korea Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
837.12 ₪ (305,937.24 ₩) |
612.96 ₪ (224,013.39 ₩) |
-26.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
43.31 ₪ (15,828.95 ₩) |
170.91 ₪ (62,460.23 ₩) |
+294.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
101.54 ₪ (37,108.89 ₩) |
80.91 ₪ (29,570.33 ₩) |
-20.3 % |
Sports And Leisure | Israel Edit |
South Korea Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
253.69 ₪ (92,713.16 ₩) |
170.93 ₪ (62,466.65 ₩) |
-32.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
67.91 ₪ (24,817.42 ₩) |
61.54 ₪ (22,491.11 ₩) |
-9.4 % |
| Cinema, International Release, 1 Seat |
45.00 ₪ (16,445.79 ₩) |
40.36 ₪ (14,750.00 ₩) |
-10.3 % |
Childcare | Israel Edit |
South Korea Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,418.90 ₪ (1,249,477.06 ₩) |
1,296.08 ₪ (473,666.67 ₩) |
-62.1 % |
| International Primary School, Yearly for 1 Child |
34,921.26 ₪ (12,762,392.75 ₩) |
76,801.88 ₪ (28,068,166.70 ₩) |
+119.9 % |
Clothing And Shoes | Israel Edit |
South Korea Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
311.84 ₪ (113,966.56 ₩) |
211.75 ₪ (77,386.58 ₩) |
-32.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
208.27 ₪ (76,115.20 ₩) |
155.98 ₪ (57,005.03 ₩) |
-25.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
418.84 ₪ (153,071.10 ₩) |
298.31 ₪ (109,019.61 ₩) |
-28.8 % |
| 1 Pair of Men Leather Business Shoes |
465.65 ₪ (170,177.51 ₩) |
414.09 ₪ (151,334.69 ₩) |
-11.1 % |
Rent Per Month | Israel Edit |
South Korea Edit | |
| Apartment (1 bedroom) in City Centre |
4,628.50 ₪ (1,691,540.72 ₩) |
1,875.62 ₪ (685,468.75 ₩) |
-59.5 % |
| Apartment (1 bedroom) Outside of Centre |
3,545.45 ₪ (1,295,728.80 ₩) |
1,329.08 ₪ (485,727.96 ₩) |
-62.5 % |
| Apartment (3 bedrooms) in City Centre |
7,378.17 ₪ (2,696,442.22 ₩) |
5,524.76 ₪ (2,019,090.91 ₩) |
-25.1 % |
| Apartment (3 bedrooms) Outside of Centre |
5,765.49 ₪ (2,107,066.13 ₩) |
3,344.47 ₪ (1,222,276.42 ₩) |
-42.0 % |
Buy Apartment Price | Israel Edit |
South Korea Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
2,850.18 ₪ (1,041,631.68 ₩) |
3,987.49 ₪ (1,457,276.47 ₩) |
+39.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,235.50 ₪ (816,989.09 ₩) |
2,667.67 ₪ (974,930.83 ₩) |
+19.3 % |
Salaries And Financing | Israel Edit |
South Korea Edit | |
| Average Monthly Net Salary (After Tax) |
9,583.96 ₪ (3,502,573.91 ₩) |
8,909.43 ₪ (3,256,058.58 ₩) |
-7.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.16 | 4.69 | +12.9 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 720 | 343 |
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