Cost of Living Comparison Between Seoul and Newark, NJ 

Indices DifferenceInfo
Not enough data to calculate difference in Cost of Living
Not enough data to calculate difference in Cost of Living Including Rent
Rent Prices in Newark, NJ are 81.6% higher than in Seoul
Restaurant Prices in Newark, NJ are 77.7% higher than in Seoul
Groceries Prices in Newark, NJ are 6.2% lower than in Seoul
Not enough data to calculate difference in Local Purchasing Power
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Seoul Edit Newark, NJ Edit Difference
Meal, Inexpensive Restaurant 11,000.00 ₩
(7.95 $)
27,661.80 ₩
(20.00 $)
     +151.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 67,500.00 ₩
(48.80 $)
96,816.30 ₩
(70.00 $)
     +43.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 ₩
(5.78 $)
14,937.37 ₩
(10.80 $)
     +86.7 %
Domestic Beer (1 pint draught) 5,000.00 ₩
(3.62 $)
6,915.45 ₩
(5.00 $)
     +38.3 %
Imported Beer (12 oz small bottle) 7,000.00 ₩
(5.06 $)
8,298.54 ₩
(6.00 $)
     +18.6 %
Cappuccino (regular) 5,218.57 ₩
(3.77 $)
7,508.20 ₩
(5.43 $)
     +43.9 %
Coke/Pepsi (12 oz small bottle) 2,036.18 ₩
(1.47 $)
3,542.44 ₩
(2.56 $)
     +74.0 %
Water (12 oz small bottle) 1,076.18 ₩
(0.78 $)
2,666.60 ₩
(1.93 $)
     +147.8 %
Markets
Seoul Edit Newark, NJ Edit
Milk (regular), (1 gallon) 11,057.26 ₩
(7.99 $)
6,939.78 ₩
(5.02 $)
     -37.2 %
Loaf of Fresh White Bread (1 lb) 3,840.58 ₩
(2.78 $)
6,016.87 ₩
(4.35 $)
     +56.7 %
Rice (white), (1 lb) 2,106.06 ₩
(1.52 $)
3,322.49 ₩
(2.40 $)
     +57.8 %
Eggs (regular) (12) 4,457.82 ₩
(3.22 $)
7,086.03 ₩
(5.12 $)
     +59.0 %
Local Cheese (1 lb) 7,329.61 ₩
(5.30 $)
9,597.11 ₩
(6.94 $)
     +30.9 %
Chicken Fillets (1 lb) 6,609.38 ₩
(4.78 $)
9,324.27 ₩
(6.74 $)
     +41.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 24,863.57 ₩
(17.98 $)
9,667.81 ₩
(6.99 $)
     -61.1 %
Apples (1 lb) 4,272.55 ₩
(3.09 $)
2,983.81 ₩
(2.16 $)
     -30.2 %
Banana (1 lb) 2,178.86 ₩
(1.58 $)
871.35 ₩
(0.63 $)
     -60.0 %
Oranges (1 lb) 3,380.65 ₩
(2.44 $)
3,256.90 ₩
(2.35 $)
     -3.7 %
Tomato (1 lb) 3,563.20 ₩
(2.58 $)
3,443.90 ₩
(2.49 $)
     -3.3 %
Potato (1 lb) 2,458.72 ₩
(1.78 $)
1,919.72 ₩
(1.39 $)
     -21.9 %
Onion (1 lb) 1,961.91 ₩
(1.42 $)
2,335.74 ₩
(1.69 $)
     +19.1 %
Lettuce (1 head) 3,328.60 ₩
(2.41 $)
4,410.67 ₩
(3.19 $)
     +32.5 %
Water (1.5 liter bottle) 1,566.04 ₩
(1.13 $)
2,645.16 ₩
(1.91 $)
     +68.9 %
Bottle of Wine (Mid-Range) 25,000.00 ₩
(18.08 $)
14,868.22 ₩
(10.75 $)
     -40.5 %
Domestic Beer (0.5 liter bottle) 3,413.28 ₩
(2.47 $)
2,747.74 ₩
(1.99 $)
     -19.5 %
Imported Beer (12 oz small bottle) 3,919.52 ₩
(2.83 $)
3,886.48 ₩
(2.81 $)
     -0.8 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩
(3.25 $)
19,363.26 ₩
(14.00 $)
     +330.3 %
Transportation
Seoul Edit Newark, NJ Edit
One-way Ticket (Local Transport) 1,450.00 ₩
(1.05 $)
8,298.54 ₩
(6.00 $)
     +472.3 %
Monthly Pass (Regular Price) 61,250.00 ₩
(44.28 $)
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(? $)
    
Taxi Start (Normal Tariff) 4,800.00 ₩
(3.47 $)
6,811.72 ₩
(4.92 $)
     +41.9 %
Taxi 1 mile (Normal Tariff) 1,609.34 ₩
(1.16 $)
3,102.19 ₩
(2.24 $)
     +92.8 %
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩
(8.68 $)
38,034.97 ₩
(27.50 $)
     +217.0 %
Gasoline (1 gallon) 6,353.89 ₩
(4.59 $)
5,096.05 ₩
(3.68 $)
     -19.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩
(27,280.22 $)
41,492,700.00 ₩
(30,000.00 $)
     +10.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,722,321.43 ₩
(24,381.87 $)
38,231,704.78 ₩
(27,642.24 $)
     +13.4 %
Utilities (Monthly)
Seoul Edit Newark, NJ Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 250,511.14 ₩
(181.12 $)
239,668.80 ₩
(173.29 $)
     -4.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56,693.18 ₩
(40.99 $)
67,038.37 ₩
(48.47 $)
     +18.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31,616.43 ₩
(22.86 $)
96,637.39 ₩
(69.87 $)
     +205.7 %
Sports And Leisure
Seoul Edit Newark, NJ Edit
Fitness Club, Monthly Fee for 1 Adult 75,536.94 ₩
(54.61 $)
62,239.05 ₩
(45.00 $)
     -17.6 %
Tennis Court Rent (1 Hour on Weekend) 26,542.50 ₩
(19.19 $)
0.00 ₩
(0.00 $)
     -100.0 %
Cinema, International Release, 1 Seat 15,000.00 ₩
(10.85 $)
20,746.35 ₩
(15.00 $)
     +38.3 %
Childcare
Seoul Edit Newark, NJ Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 504,923.08 ₩
(365.07 $)
1,936,326.00 ₩
(1,400.00 $)
     +283.5 %
International Primary School, Yearly for 1 Child 27,630,769.23 ₩
(19,977.56 $)
38,726,520.00 ₩
(28,000.00 $)
     +40.2 %
Clothing And Shoes
Seoul Edit Newark, NJ Edit
1 Pair of Jeans (Levis 501 Or Similar) 82,325.73 ₩
(59.52 $)
62,239.05 ₩
(45.00 $)
     -24.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60,324.53 ₩
(43.62 $)
64,129.27 ₩
(46.37 $)
     +6.3 %
1 Pair of Nike Running Shoes (Mid-Range) 120,166.67 ₩
(86.88 $)
120,674.60 ₩
(87.25 $)
     +0.4 %
1 Pair of Men Leather Business Shoes 170,373.00 ₩
(123.18 $)
165,970.80 ₩
(120.00 $)
     -2.6 %
Rent Per Month
Seoul Edit Newark, NJ Edit
Apartment (1 bedroom) in City Centre 1,171,213.54 ₩
(846.81 $)
3,181,107.00 ₩
(2,300.00 $)
     +171.6 %
Apartment (1 bedroom) Outside of Centre 716,666.67 ₩
(518.16 $)
2,351,253.00 ₩
(1,700.00 $)
     +228.1 %
Apartment (3 bedrooms) in City Centre 3,613,259.40 ₩
(2,612.45 $)
4,564,197.00 ₩
(3,300.00 $)
     +26.3 %
Apartment (3 bedrooms) Outside of Centre 1,964,035.46 ₩
(1,420.03 $)
3,457,725.00 ₩
(2,500.00 $)
     +76.1 %
Buy Apartment Price
Seoul Edit Newark, NJ Edit
Price per Square Feet to Buy Apartment in City Centre 2,363,188.20 ₩
(1,708.63 $)
730,221.15 ₩
(527.96 $)
     -69.1 %
Price per Square Feet to Buy Apartment Outside of Centre 1,331,722.04 ₩
(962.86 $)
730,221.15 ₩
(527.96 $)
     -45.2 %
Salaries And Financing
Seoul Edit Newark, NJ Edit
Average Monthly Net Salary (After Tax) 4,026,547.35 ₩
(2,911.27 $)
4,618,905.89 ₩
(3,339.56 $)
     +14.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.17 6.56      +26.9 %
Last update: May 2024June 2024
Contributors in the past 12 months:22615