Cost of Living Comparison Between Seoul and Toronto 

Indices DifferenceInfo
Cost of Living in Toronto is 0.3% higher than in Seoul (without rent)
Cost of Living Including Rent in Toronto is 19.6% higher than in Seoul
Rent Prices in Toronto are 71.7% higher than in Seoul
Restaurant Prices in Toronto are 77.6% higher than in Seoul
Groceries Prices in Toronto are 22.2% lower than in Seoul
Local Purchasing Power in Toronto is 1.6% lower than in Seoul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Seoul Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 11,000.00 ₩
(10.98 C$)
25,041.55 ₩
(25.00 C$)
     +127.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 70,000.00 ₩
(69.88 C$)
120,199.46 ₩
(120.00 C$)
     +71.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 ₩
(7.99 C$)
15,024.93 ₩
(15.00 C$)
     +87.8 %
Domestic Beer (1 pint draught) 5,000.00 ₩
(4.99 C$)
8,013.30 ₩
(8.00 C$)
     +60.3 %
Imported Beer (12 oz small bottle) 7,000.00 ₩
(6.99 C$)
10,016.62 ₩
(10.00 C$)
     +43.1 %
Cappuccino (regular) 5,261.43 ₩
(5.25 C$)
5,410.96 ₩
(5.40 C$)
     +2.8 %
Coke/Pepsi (12 oz small bottle) 2,078.86 ₩
(2.08 C$)
2,878.17 ₩
(2.87 C$)
     +38.4 %
Water (12 oz small bottle) 1,098.86 ₩
(1.10 C$)
2,193.12 ₩
(2.19 C$)
     +99.6 %
Markets
Seoul Edit Toronto Edit
Milk (regular), (1 gallon) 10,999.43 ₩
(10.98 C$)
15,660.26 ₩
(15.63 C$)
     +42.4 %
Loaf of Fresh White Bread (1 lb) 3,840.02 ₩
(3.83 C$)
3,480.91 ₩
(3.48 C$)
     -9.4 %
Rice (white), (1 lb) 2,105.61 ₩
(2.10 C$)
2,169.07 ₩
(2.17 C$)
     +3.0 %
Eggs (regular) (12) 4,457.44 ₩
(4.45 C$)
4,637.30 ₩
(4.63 C$)
     +4.0 %
Local Cheese (1 lb) 7,329.14 ₩
(7.32 C$)
7,082.99 ₩
(7.07 C$)
     -3.4 %
Chicken Fillets (1 lb) 6,608.68 ₩
(6.60 C$)
7,754.03 ₩
(7.74 C$)
     +17.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 24,859.72 ₩
(24.82 C$)
8,564.57 ₩
(8.55 C$)
     -65.5 %
Apples (1 lb) 4,272.55 ₩
(4.27 C$)
2,364.01 ₩
(2.36 C$)
     -44.7 %
Banana (1 lb) 2,178.58 ₩
(2.17 C$)
924.12 ₩
(0.92 C$)
     -57.6 %
Oranges (1 lb) 3,380.33 ₩
(3.37 C$)
2,364.18 ₩
(2.36 C$)
     -30.1 %
Tomato (1 lb) 3,562.90 ₩
(3.56 C$)
2,264.41 ₩
(2.26 C$)
     -36.4 %
Potato (1 lb) 2,458.40 ₩
(2.45 C$)
1,583.88 ₩
(1.58 C$)
     -35.6 %
Onion (1 lb) 1,961.75 ₩
(1.96 C$)
1,702.39 ₩
(1.70 C$)
     -13.2 %
Lettuce (1 head) 3,328.60 ₩
(3.32 C$)
3,070.09 ₩
(3.06 C$)
     -7.8 %
Water (1.5 liter bottle) 1,565.88 ₩
(1.56 C$)
2,385.17 ₩
(2.38 C$)
     +52.3 %
Bottle of Wine (Mid-Range) 25,000.00 ₩
(24.96 C$)
18,029.92 ₩
(18.00 C$)
     -27.9 %
Domestic Beer (0.5 liter bottle) 3,412.90 ₩
(3.41 C$)
3,409.15 ₩
(3.40 C$)
     -0.1 %
Imported Beer (12 oz small bottle) 3,919.08 ₩
(3.91 C$)
3,675.10 ₩
(3.67 C$)
     -6.2 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩
(4.49 C$)
20,033.24 ₩
(20.00 C$)
     +345.2 %
Transportation
Seoul Edit Toronto Edit
One-way Ticket (Local Transport) 1,450.00 ₩
(1.45 C$)
3,355.57 ₩
(3.35 C$)
     +131.4 %
Monthly Pass (Regular Price) 61,250.00 ₩
(61.15 C$)
156,259.29 ₩
(156.00 C$)
     +155.1 %
Taxi Start (Normal Tariff) 4,800.00 ₩
(4.79 C$)
5,008.31 ₩
(5.00 C$)
     +4.3 %
Taxi 1 mile (Normal Tariff) 1,609.34 ₩
(1.61 C$)
2,821.03 ₩
(2.82 C$)
     +75.3 %
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩
(11.98 C$)
33,054.85 ₩
(33.00 C$)
     +175.5 %
Gasoline (1 gallon) 6,353.89 ₩
(6.34 C$)
6,025.10 ₩
(6.02 C$)
     -5.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩
(37,668.39 C$)
34,282,888.07 ₩
(34,226.00 C$)
     -9.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,722,321.43 ₩
(33,666.36 C$)
30,388,183.58 ₩
(30,337.76 C$)
     -9.9 %
Utilities (Monthly)
Seoul Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 250,511.14 ₩
(250.10 C$)
162,149.93 ₩
(161.88 C$)
     -35.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56,693.18 ₩
(56.60 C$)
62,571.92 ₩
(62.47 C$)
     +10.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31,612.80 ₩
(31.56 C$)
72,545.38 ₩
(72.42 C$)
     +129.5 %
Sports And Leisure
Seoul Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 75,536.94 ₩
(75.41 C$)
70,578.65 ₩
(70.46 C$)
     -6.6 %
Tennis Court Rent (1 Hour on Weekend) 26,542.50 ₩
(26.50 C$)
27,624.79 ₩
(27.58 C$)
     +4.1 %
Cinema, International Release, 1 Seat 15,000.00 ₩
(14.98 C$)
18,029.92 ₩
(18.00 C$)
     +20.2 %
Childcare
Seoul Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 504,923.08 ₩
(504.09 C$)
1,500,329.61 ₩
(1,497.84 C$)
     +197.1 %
International Primary School, Yearly for 1 Child 27,630,769.23 ₩
(27,584.92 C$)
24,677,312.48 ₩
(24,636.36 C$)
     -10.7 %
Clothing And Shoes
Seoul Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 82,325.73 ₩
(82.19 C$)
83,018.23 ₩
(82.88 C$)
     +0.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60,324.53 ₩
(60.22 C$)
51,024.06 ₩
(50.94 C$)
     -15.4 %
1 Pair of Nike Running Shoes (Mid-Range) 120,166.67 ₩
(119.97 C$)
137,920.91 ₩
(137.69 C$)
     +14.8 %
1 Pair of Men Leather Business Shoes 170,373.00 ₩
(170.09 C$)
165,399.46 ₩
(165.12 C$)
     -2.9 %
Rent Per Month
Seoul Edit Toronto Edit
Apartment (1 bedroom) in City Centre 1,170,825.05 ₩
(1,168.88 C$)
2,505,563.91 ₩
(2,501.41 C$)
     +114.0 %
Apartment (1 bedroom) Outside of Centre 716,666.67 ₩
(715.48 C$)
2,163,374.16 ₩
(2,159.78 C$)
     +201.9 %
Apartment (3 bedrooms) in City Centre 3,611,854.11 ₩
(3,605.86 C$)
4,483,911.07 ₩
(4,476.47 C$)
     +24.1 %
Apartment (3 bedrooms) Outside of Centre 1,963,081.52 ₩
(1,959.82 C$)
3,662,521.93 ₩
(3,656.44 C$)
     +86.6 %
Buy Apartment Price
Seoul Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 2,404,071.95 ₩
(2,400.08 C$)
1,294,791.25 ₩
(1,292.64 C$)
     -46.1 %
Price per Square Feet to Buy Apartment Outside of Centre 1,356,080.10 ₩
(1,353.83 C$)
998,551.42 ₩
(996.89 C$)
     -26.4 %
Salaries And Financing
Seoul Edit Toronto Edit
Average Monthly Net Salary (After Tax) 4,031,233.00 ₩
(4,024.54 C$)
4,744,973.74 ₩
(4,737.10 C$)
     +17.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.17 6.49      +25.5 %
Last update: June 2024June 2024
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