Cost of Living Comparison Between Seoul and Minneapolis, MN 

Indices DifferenceInfo
Cost of Living in Minneapolis, MN is 9.0% higher than in Seoul (without rent)
Cost of Living Including Rent in Minneapolis, MN is 15.9% higher than in Seoul
Rent Prices in Minneapolis, MN are 34.5% higher than in Seoul
Restaurant Prices in Minneapolis, MN are 84.4% higher than in Seoul
Groceries Prices in Minneapolis, MN are 11.3% lower than in Seoul
Local Purchasing Power in Minneapolis, MN is 33.5% higher than in Seoul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Seoul Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 10,500.00 ₩
(7.68 $)
27,334.00 ₩
(20.00 $)
     +160.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 70,000.00 ₩
(51.22 $)
105,919.25 ₩
(77.50 $)
     +51.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,200.00 ₩
(6.00 $)
13,667.00 ₩
(10.00 $)
     +66.7 %
Domestic Beer (1 pint draught) 5,000.00 ₩
(3.66 $)
9,566.90 ₩
(7.00 $)
     +91.3 %
Imported Beer (12 oz small bottle) 7,000.00 ₩
(5.12 $)
9,566.90 ₩
(7.00 $)
     +36.7 %
Cappuccino (regular) 5,245.66 ₩
(3.84 $)
7,764.29 ₩
(5.68 $)
     +48.0 %
Coke/Pepsi (12 oz small bottle) 2,083.04 ₩
(1.52 $)
3,926.70 ₩
(2.87 $)
     +88.5 %
Water (12 oz small bottle) 1,106.14 ₩
(0.81 $)
2,915.63 ₩
(2.13 $)
     +163.6 %
Markets
Seoul Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 11,059.39 ₩
(8.09 $)
5,053.58 ₩
(3.70 $)
     -54.3 %
Loaf of Fresh White Bread (1 lb) 3,803.94 ₩
(2.78 $)
4,982.37 ₩
(3.65 $)
     +31.0 %
Rice (white), (1 lb) 2,056.41 ₩
(1.50 $)
3,061.52 ₩
(2.24 $)
     +48.9 %
Eggs (regular) (12) 4,393.27 ₩
(3.21 $)
4,952.01 ₩
(3.62 $)
     +12.7 %
Local Cheese (1 lb) 7,367.67 ₩
(5.39 $)
7,286.59 ₩
(5.33 $)
     -1.1 %
Chicken Fillets (1 lb) 6,489.85 ₩
(4.75 $)
8,750.83 ₩
(6.40 $)
     +34.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 24,254.88 ₩
(17.75 $)
10,358.08 ₩
(7.58 $)
     -57.3 %
Apples (1 lb) 4,244.56 ₩
(3.11 $)
3,684.40 ₩
(2.70 $)
     -13.2 %
Banana (1 lb) 2,173.51 ₩
(1.59 $)
1,240.58 ₩
(0.91 $)
     -42.9 %
Oranges (1 lb) 3,461.50 ₩
(2.53 $)
2,965.39 ₩
(2.17 $)
     -14.3 %
Tomato (1 lb) 3,631.30 ₩
(2.66 $)
3,942.17 ₩
(2.88 $)
     +8.6 %
Potato (1 lb) 2,604.71 ₩
(1.91 $)
1,956.87 ₩
(1.43 $)
     -24.9 %
Onion (1 lb) 1,939.71 ₩
(1.42 $)
2,248.22 ₩
(1.65 $)
     +15.9 %
Lettuce (1 head) 3,309.85 ₩
(2.42 $)
3,112.66 ₩
(2.28 $)
     -6.0 %
Water (1.5 liter bottle) 1,537.76 ₩
(1.13 $)
2,606.98 ₩
(1.91 $)
     +69.5 %
Bottle of Wine (Mid-Range) 25,000.00 ₩
(18.29 $)
20,500.50 ₩
(15.00 $)
     -18.0 %
Domestic Beer (0.5 liter bottle) 3,411.21 ₩
(2.50 $)
2,915.22 ₩
(2.13 $)
     -14.5 %
Imported Beer (12 oz small bottle) 3,996.07 ₩
(2.92 $)
5,348.35 ₩
(3.91 $)
     +33.8 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩
(3.29 $)
13,667.00 ₩
(10.00 $)
     +203.7 %
Transportation
Seoul Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 1,450.00 ₩
(1.06 $)
3,416.75 ₩
(2.50 $)
     +135.6 %
Monthly Pass (Regular Price) 61,500.00 ₩
(45.00 $)
123,003.00 ₩
(90.00 $)
     +100.0 %
Taxi Start (Normal Tariff) 4,800.00 ₩
(3.51 $)
6,833.50 ₩
(5.00 $)
     +42.4 %
Taxi 1 mile (Normal Tariff) 1,609.34 ₩
(1.18 $)
2,391.73 ₩
(1.75 $)
     +48.6 %
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩
(8.78 $)
50,567.90 ₩
(37.00 $)
     +321.4 %
Gasoline (1 gallon) 6,359.53 ₩
(4.65 $)
4,712.64 ₩
(3.45 $)
     -25.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩
(27,607.38 $)
45,027,298.20 ₩
(32,946.00 $)
     +19.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,450,892.86 ₩
(25,207.36 $)
35,433,702.78 ₩
(25,926.47 $)
     +2.9 %
Utilities (Monthly)
Seoul Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 245,357.30 ₩
(179.53 $)
230,100.09 ₩
(168.36 $)
     -6.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56,773.81 ₩
(41.54 $)
69,806.83 ₩
(51.08 $)
     +23.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31,911.62 ₩
(23.35 $)
89,266.37 ₩
(65.32 $)
     +179.7 %
Sports And Leisure
Seoul Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 71,439.39 ₩
(52.27 $)
41,001.00 ₩
(30.00 $)
     -42.6 %
Tennis Court Rent (1 Hour on Weekend) 30,542.50 ₩
(22.35 $)
36,445.33 ₩
(26.67 $)
     +19.3 %
Cinema, International Release, 1 Seat 15,000.00 ₩
(10.98 $)
19,817.15 ₩
(14.50 $)
     +32.1 %
Childcare
Seoul Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 517,833.33 ₩
(378.89 $)
1,981,715.00 ₩
(1,450.00 $)
     +282.7 %
International Primary School, Yearly for 1 Child 28,266,666.67 ₩
(20,682.42 $)
33,356,591.33 ₩
(24,406.67 $)
     +18.0 %
Clothing And Shoes
Seoul Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 79,371.18 ₩
(58.08 $)
82,792.98 ₩
(60.58 $)
     +4.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 58,120.33 ₩
(42.53 $)
61,496.94 ₩
(45.00 $)
     +5.8 %
1 Pair of Nike Running Shoes (Mid-Range) 117,565.22 ₩
(86.02 $)
124,369.70 ₩
(91.00 $)
     +5.8 %
1 Pair of Men Leather Business Shoes 168,630.24 ₩
(123.38 $)
165,712.38 ₩
(121.25 $)
     -1.7 %
Rent Per Month
Seoul Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 1,170,487.12 ₩
(856.43 $)
2,227,208.49 ₩
(1,629.62 $)
     +90.3 %
Apartment (1 bedroom) Outside of Centre 716,666.67 ₩
(524.38 $)
1,636,886.08 ₩
(1,197.69 $)
     +128.4 %
Apartment (3 bedrooms) in City Centre 3,610,631.68 ₩
(2,641.86 $)
3,632,315.86 ₩
(2,657.73 $)
     +0.6 %
Apartment (3 bedrooms) Outside of Centre 1,962,251.71 ₩
(1,435.76 $)
2,540,543.44 ₩
(1,858.89 $)
     +29.5 %
Buy Apartment Price
Seoul Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 2,360,683.31 ₩
(1,727.29 $)
415,600.88 ₩
(304.09 $)
     -82.4 %
Price per Square Feet to Buy Apartment Outside of Centre 1,351,563.70 ₩
(988.92 $)
319,466.70 ₩
(233.75 $)
     -76.4 %
Salaries And Financing
Seoul Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,067,152.66 ₩
(2,975.89 $)
6,293,011.57 ₩
(4,604.53 $)
     +54.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.08 6.54      +28.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:22499