Cost of Living Comparison Between Minneapolis, MN and Seoul 
| Indices Difference |  |
|---|---|
| Cost of Living in Seoul is 8.3% lower than in Minneapolis, MN (without rent) | |
| Cost of Living Including Rent in Seoul is 13.7% lower than in Minneapolis, MN | |
| Rent Prices in Seoul are 25.7% lower than in Minneapolis, MN | |
| Restaurant Prices in Seoul are 45.8% lower than in Minneapolis, MN | |
| Groceries Prices in Seoul are 12.8% higher than in Minneapolis, MN | |
| Local Purchasing Power in Seoul is 25.1% lower than in Minneapolis, MN | |
Restaurants | Minneapolis, MN Edit |
Seoul Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 $ (27,334.00 ₩) |
7.68 $ (10,500.00 ₩) |
-61.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
77.50 $ (105,919.25 ₩) |
51.22 $ (70,000.00 ₩) |
-33.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 $ (13,667.00 ₩) |
6.00 $ (8,200.00 ₩) |
-40.0 % |
| Domestic Beer (1 pint draught) |
7.00 $ (9,566.90 ₩) |
3.66 $ (5,000.00 ₩) |
-47.7 % |
| Imported Beer (12 oz small bottle) |
7.00 $ (9,566.90 ₩) |
5.12 $ (7,000.00 ₩) |
-26.8 % |
| Cappuccino (regular) |
5.68 $ (7,764.29 ₩) |
3.84 $ (5,245.66 ₩) |
-32.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.87 $ (3,926.70 ₩) |
1.52 $ (2,083.04 ₩) |
-47.0 % |
| Water (12 oz small bottle) |
2.13 $ (2,915.63 ₩) |
0.81 $ (1,106.14 ₩) |
-62.1 % |
Markets | Minneapolis, MN Edit |
Seoul Edit | |
| Milk (regular), (1 gallon) |
3.70 $ (5,053.58 ₩) |
8.09 $ (11,059.39 ₩) |
+118.8 % |
| Loaf of Fresh White Bread (1 lb) |
3.65 $ (4,982.37 ₩) |
2.78 $ (3,803.94 ₩) |
-23.7 % |
| Rice (white), (1 lb) |
2.24 $ (3,061.52 ₩) |
1.50 $ (2,056.41 ₩) |
-32.8 % |
| Eggs (regular) (12) |
3.62 $ (4,952.01 ₩) |
3.21 $ (4,393.27 ₩) |
-11.3 % |
| Local Cheese (1 lb) |
5.33 $ (7,286.59 ₩) |
5.39 $ (7,367.67 ₩) |
+1.1 % |
| Chicken Fillets (1 lb) |
6.40 $ (8,750.83 ₩) |
4.75 $ (6,489.85 ₩) |
-25.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.58 $ (10,358.08 ₩) |
17.75 $ (24,254.88 ₩) |
+134.2 % |
| Apples (1 lb) |
2.70 $ (3,684.40 ₩) |
3.11 $ (4,244.56 ₩) |
+15.2 % |
| Banana (1 lb) |
0.91 $ (1,240.58 ₩) |
1.59 $ (2,173.51 ₩) |
+75.2 % |
| Oranges (1 lb) |
2.17 $ (2,965.39 ₩) |
2.53 $ (3,461.50 ₩) |
+16.7 % |
| Tomato (1 lb) |
2.88 $ (3,942.17 ₩) |
2.66 $ (3,631.30 ₩) |
-7.9 % |
| Potato (1 lb) |
1.43 $ (1,956.87 ₩) |
1.91 $ (2,604.71 ₩) |
+33.1 % |
| Onion (1 lb) |
1.65 $ (2,248.22 ₩) |
1.42 $ (1,939.71 ₩) |
-13.7 % |
| Lettuce (1 head) |
2.28 $ (3,112.66 ₩) |
2.42 $ (3,309.85 ₩) |
+6.3 % |
| Water (1.5 liter bottle) |
1.91 $ (2,606.98 ₩) |
1.13 $ (1,537.76 ₩) |
-41.0 % |
| Bottle of Wine (Mid-Range) |
15.00 $ (20,500.50 ₩) |
18.29 $ (25,000.00 ₩) |
+21.9 % |
| Domestic Beer (0.5 liter bottle) |
2.13 $ (2,915.22 ₩) |
2.50 $ (3,411.21 ₩) |
+17.0 % |
| Imported Beer (12 oz small bottle) |
3.91 $ (5,348.35 ₩) |
2.92 $ (3,996.07 ₩) |
-25.3 % |
| Cigarettes 20 Pack (Marlboro) |
10.00 $ (13,667.00 ₩) |
3.29 $ (4,500.00 ₩) |
-67.1 % |
Transportation | Minneapolis, MN Edit |
Seoul Edit | |
| One-way Ticket (Local Transport) |
2.50 $ (3,416.75 ₩) |
1.06 $ (1,450.00 ₩) |
-57.6 % |
| Monthly Pass (Regular Price) |
90.00 $ (123,003.00 ₩) |
45.00 $ (61,500.00 ₩) |
-50.0 % |
| Taxi Start (Normal Tariff) |
5.00 $ (6,833.50 ₩) |
3.51 $ (4,800.00 ₩) |
-29.8 % |
| Taxi 1 mile (Normal Tariff) |
1.75 $ (2,391.73 ₩) |
1.18 $ (1,609.34 ₩) |
-32.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
37.00 $ (50,567.90 ₩) |
8.78 $ (12,000.00 ₩) |
-76.3 % |
| Gasoline (1 gallon) |
3.45 $ (4,712.64 ₩) |
4.65 $ (6,359.53 ₩) |
+34.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
32,946.00 $ (45,027,298.20 ₩) |
27,607.38 $ (37,731,000.00 ₩) |
-16.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,926.47 $ (35,433,702.78 ₩) |
25,207.36 $ (34,450,892.86 ₩) |
-2.8 % |
Utilities (Monthly) | Minneapolis, MN Edit |
Seoul Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
168.36 $ (230,100.09 ₩) |
179.53 $ (245,357.30 ₩) |
+6.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
51.08 $ (69,806.83 ₩) |
41.54 $ (56,773.81 ₩) |
-18.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
65.32 $ (89,266.37 ₩) |
23.35 $ (31,911.62 ₩) |
-64.3 % |
Sports And Leisure | Minneapolis, MN Edit |
Seoul Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
30.00 $ (41,001.00 ₩) |
52.27 $ (71,439.39 ₩) |
+74.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
26.67 $ (36,445.33 ₩) |
22.35 $ (30,542.50 ₩) |
-16.2 % |
| Cinema, International Release, 1 Seat |
14.50 $ (19,817.15 ₩) |
10.98 $ (15,000.00 ₩) |
-24.3 % |
Childcare | Minneapolis, MN Edit |
Seoul Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,450.00 $ (1,981,715.00 ₩) |
378.89 $ (517,833.33 ₩) |
-73.9 % |
| International Primary School, Yearly for 1 Child |
24,406.67 $ (33,356,591.33 ₩) |
20,682.42 $ (28,266,666.67 ₩) |
-15.3 % |
Clothing And Shoes | Minneapolis, MN Edit |
Seoul Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
60.58 $ (82,792.98 ₩) |
58.08 $ (79,371.18 ₩) |
-4.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
45.00 $ (61,496.94 ₩) |
42.53 $ (58,120.33 ₩) |
-5.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
91.00 $ (124,369.70 ₩) |
86.02 $ (117,565.22 ₩) |
-5.5 % |
| 1 Pair of Men Leather Business Shoes |
121.25 $ (165,712.38 ₩) |
123.38 $ (168,630.24 ₩) |
+1.8 % |
Rent Per Month | Minneapolis, MN Edit |
Seoul Edit | |
| Apartment (1 bedroom) in City Centre |
1,629.62 $ (2,227,208.49 ₩) |
856.43 $ (1,170,487.12 ₩) |
-47.4 % |
| Apartment (1 bedroom) Outside of Centre |
1,197.69 $ (1,636,886.08 ₩) |
524.38 $ (716,666.67 ₩) |
-56.2 % |
| Apartment (3 bedrooms) in City Centre |
2,657.73 $ (3,632,315.86 ₩) |
2,641.86 $ (3,610,631.68 ₩) |
-0.6 % |
| Apartment (3 bedrooms) Outside of Centre |
1,858.89 $ (2,540,543.44 ₩) |
1,435.76 $ (1,962,251.71 ₩) |
-22.8 % |
Buy Apartment Price | Minneapolis, MN Edit |
Seoul Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
304.09 $ (415,600.88 ₩) |
1,727.29 $ (2,360,683.31 ₩) |
+468.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
233.75 $ (319,466.70 ₩) |
988.92 $ (1,351,563.70 ₩) |
+323.1 % |
Salaries And Financing | Minneapolis, MN Edit |
Seoul Edit | |
| Average Monthly Net Salary (After Tax) |
4,604.53 $ (6,293,011.57 ₩) |
2,975.89 $ (4,067,152.66 ₩) |
-35.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.54 | 5.08 | -22.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 99 | 224 |
Moving to Minneapolis, MN? Explore:
Moving to Seoul? Explore:
Cities near Minneapolis, MN: | Cost of Living in Saint Paul, Minnesota | 8.84 miles |
| Cost of Living in Neillsville, Wisconsin | 146.10 miles |
| Cost of Living in Duluth, Minnesota | 154.36 miles |
| Cost of Living in Watertown, South Dakota | 203.67 miles |
| Cost of Living in Stevens Point, Wisconsin | 204.53 miles |
| Cost of Living in Oelwein, Iowa | 233.60 miles |
| Cost of Living in Des Moines, Iowa | 243.50 miles |
Cities near Seoul: | Cost of Living in Bucheon | 14.63 miles |
| Cost of Living in Anyang | 16.48 miles |
| Cost of Living in Seongnam | 17.54 miles |
| Cost of Living in Uijeongbu | 17.54 miles |
| Cost of Living in Incheon | 19.09 miles |
| Cost of Living in Ilsan | 19.10 miles |
| Cost of Living in Gimpo | 19.16 miles |
| Cost of Living in Gunpo | 19.35 miles |
| Cost of Living in Suji-gu | 20.07 miles |
| Cost of Living in Yangju-si | 20.74 miles |