Cost of Living in South Korea
Summary of cost of living in South Korea:
- The estimated monthly costs for a family of four are €3,213.3 (₩5,230,208.0), excluding rent.
- The estimated monthly costs for a single person are €885.3 (₩1,440,963.9), excluding rent.
- Cost of living in South Korea is, on average, 10.4% lower than in United States.
- Rent in South Korea is, on average, 58.8% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | €6.14 | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | €36.86 | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | €5.38 | |
| Domestic Draft Beer (1 Pint) | €3.07 | |
| Imported Beer (12 oz Small Bottle) | €3.69 | |
| Cappuccino (Regular Size) | €3.23 | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | €1.33 | |
| Bottled Water (12 oz) | €0.66 | |
Markets | Edit |
|
| Milk (Regular, 1 Liter) | €1.79 | |
| Fresh White Bread (1 lb Loaf) | €2.21 | |
| White Rice (1 lb) | €1.27 | |
| Eggs (12, Large Size) | €2.53 | |
| Local Cheese (1 lb) | €5.20 | |
| Chicken Fillets (1 lb) | €3.28 | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | €9.50 | |
| Apples (1 lb) | €3.15 | |
| Bananas (1 lb) | €1.26 | |
| Oranges (1 lb) | €2.34 | |
| Tomatoes (1 lb) | €2.27 | |
| Potatoes (1 lb) | €1.47 | |
| Onions (1 lb) | €1.03 | |
| Lettuce (1 Head) | €2.20 | |
| Bottled Water (50 oz) | €0.96 | |
| Bottle of Wine (Mid-Range) | €13.06 | |
| Domestic Beer (16.9 oz Bottle) | €1.74 | |
| Imported Beer (12 oz Small Bottle) | €2.38 | |
| Cigarettes (Pack of 20, Marlboro) | €2.76 | |
Transportation | Edit |
|
| One-Way Ticket (Local Transport) | €0.92 | |
| Monthly Public Transport Pass (Regular Price) | €38.09 | |
| Taxi Start (Standard Tariff) | €2.83 | |
| Taxi 1 mile (Standard Tariff) | €0.89 | |
| Taxi 1 Hour Waiting (Standard Tariff) | €7.37 | |
| Gasoline (1 Liter) | €1.11 | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | €24,187.93 | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | €24,870.30 | |
Utilities (Monthly) | Edit |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | €167.97 | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | €32.15 | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | €19.07 | |
Sports And Leisure | Edit |
|
| Monthly Fitness Club Membership | €45.93 | |
| Tennis Court Rental (1 Hour, Weekend) | €13.41 | |
| Cinema Ticket (International Release) | €9.22 | |
Childcare | Edit |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | €740.49 | |
| International Primary School, Annual Tuition per Child | €19,187.45 | |
Clothing And Shoes | Edit |
|
| Jeans (Levi's 501 or Similar) | €46.38 | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | €36.26 | |
| Nike Running Shoes (Mid-Range) | €63.42 | |
| Men's Leather Business Shoes | €80.70 | |
Rent Per Month | Edit |
|
| 1 Bedroom Apartment in City Centre | €475.65 | |
| 1 Bedroom Apartment Outside of City Centre | €332.18 | |
| 3 Bedroom Apartment in City Centre | €1,229.14 | |
| 3 Bedroom Apartment Outside of City Centre | €755.13 | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | €1,189.10 | |
| Price per Square Feet to Buy Apartment Outside of Centre | €637.38 | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | €1,935.70 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.21 | |
Prices in South Korea
This country had 1925 entries in the past 12 months by 212 different contributors.
Last update: 6 August 2026
Our data for each country are based on all entries from all cities in that country.
Last update: 6 August 2026
Our data for each country are based on all entries from all cities in that country.
Sources and References
Moving to South Korea? Explore:
Distribution of Expenses Using Our Statistical Model:
Salary Calculator:Got a job offer in South Korea? Estimate your take-home pay with our Salary Calculator for South Korea.
Moving to South Korea? Explore:
This Page in Other Languages:
 DeutschLebenshaltungskosten in Südkorea
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 PortuguêsCusto de Vida na Coréia do Sul
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 ItalianoCosto della vita in Corea del Sud
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 FrançaisCoût de la vie en Corée du Sud
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 EspañolCoste de vida en Corea del Sur
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