Cost of Living Comparison Between Shanghai and Seoul 

Indices DifferenceInfo
Consumer Prices in Seoul are 75.6% higher than in Shanghai (without rent)
Consumer Prices Including Rent in Seoul are 43.2% higher than in Shanghai
Rent Prices in Seoul are 4.1% lower than in Shanghai
Restaurant Prices in Seoul are 54.4% higher than in Shanghai
Groceries Prices in Seoul are 107.9% higher than in Shanghai
Local Purchasing Power in Seoul is 33.7% higher than in Shanghai
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Shanghai Edit Seoul Edit Difference
Meal, Inexpensive Restaurant 30.00 ¥
(5,621.14 ₩)
58.71 ¥
(11,000.00 ₩)
     +95.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 250.00 ¥
(46,842.87 ₩)
373.59 ¥
(70,000.00 ₩)
     +49.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 38.00 ¥
(7,120.12 ₩)
42.70 ¥
(8,000.00 ₩)
     +12.4 %
Domestic Beer (1 pint draught) 10.00 ¥
(1,873.71 ₩)
26.68 ¥
(5,000.00 ₩)
     +166.8 %
Imported Beer (12 oz small bottle) 20.00 ¥
(3,747.43 ₩)
37.36 ¥
(7,000.00 ₩)
     +86.8 %
Cappuccino (regular) 26.53 ¥
(4,971.88 ₩)
27.94 ¥
(5,235.03 ₩)
     +5.3 %
Coke/Pepsi (12 oz small bottle) 3.80 ¥
(712.44 ₩)
11.27 ¥
(2,112.36 ₩)
     +196.5 %
Water (12 oz small bottle) 2.22 ¥
(416.78 ₩)
5.92 ¥
(1,108.92 ₩)
     +166.1 %
Markets
Shanghai Edit Seoul Edit
Milk (regular), (1 gallon) 68.69 ¥
(12,871.19 ₩)
59.34 ¥
(11,119.03 ₩)
     -13.6 %
Loaf of Fresh White Bread (1 lb) 12.81 ¥
(2,400.09 ₩)
20.17 ¥
(3,779.90 ₩)
     +57.5 %
Rice (white), (1 lb) 3.60 ¥
(674.84 ₩)
11.25 ¥
(2,107.64 ₩)
     +212.3 %
Eggs (regular) (12) 13.14 ¥
(2,461.31 ₩)
23.90 ¥
(4,478.07 ₩)
     +81.9 %
Local Cheese (1 lb) 55.84 ¥
(10,462.76 ₩)
38.95 ¥
(7,298.84 ₩)
     -30.2 %
Chicken Fillets (1 lb) 11.74 ¥
(2,199.71 ₩)
33.81 ¥
(6,335.15 ₩)
     +188.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 40.83 ¥
(7,649.92 ₩)
125.15 ¥
(23,449.70 ₩)
     +206.5 %
Apples (1 lb) 7.34 ¥
(1,374.44 ₩)
22.16 ¥
(4,152.23 ₩)
     +202.1 %
Banana (1 lb) 5.39 ¥
(1,010.82 ₩)
11.59 ¥
(2,171.05 ₩)
     +114.8 %
Oranges (1 lb) 6.38 ¥
(1,196.30 ₩)
18.87 ¥
(3,535.12 ₩)
     +195.5 %
Tomato (1 lb) 5.00 ¥
(936.06 ₩)
19.92 ¥
(3,731.55 ₩)
     +298.6 %
Potato (1 lb) 3.13 ¥
(585.82 ₩)
13.83 ¥
(2,591.20 ₩)
     +342.3 %
Onion (1 lb) 3.45 ¥
(645.88 ₩)
10.37 ¥
(1,942.72 ₩)
     +200.8 %
Lettuce (1 head) 6.48 ¥
(1,213.59 ₩)
17.70 ¥
(3,315.74 ₩)
     +173.2 %
Water (1.5 liter bottle) 4.13 ¥
(774.04 ₩)
8.15 ¥
(1,526.51 ₩)
     +97.2 %
Bottle of Wine (Mid-Range) 100.00 ¥
(18,737.15 ₩)
133.42 ¥
(25,000.00 ₩)
     +33.4 %
Domestic Beer (0.5 liter bottle) 6.19 ¥
(1,159.98 ₩)
18.81 ¥
(3,524.62 ₩)
     +203.9 %
Imported Beer (12 oz small bottle) 13.15 ¥
(2,463.59 ₩)
20.69 ¥
(3,876.22 ₩)
     +57.3 %
Cigarettes 20 Pack (Marlboro) 25.00 ¥
(4,684.29 ₩)
24.02 ¥
(4,500.00 ₩)
     -3.9 %
Transportation
Shanghai Edit Seoul Edit
One-way Ticket (Local Transport) 4.00 ¥
(749.49 ₩)
7.74 ¥
(1,450.00 ₩)
     +93.5 %
Monthly Pass (Regular Price) 250.00 ¥
(46,842.87 ₩)
325.56 ¥
(61,000.00 ₩)
     +30.2 %
Taxi Start (Normal Tariff) 16.00 ¥
(2,997.94 ₩)
25.62 ¥
(4,800.00 ₩)
     +60.1 %
Taxi 1 mile (Normal Tariff) 4.83 ¥
(904.64 ₩)
8.59 ¥
(1,609.34 ₩)
     +77.9 %
Taxi 1hour Waiting (Normal Tariff) 60.00 ¥
(11,242.29 ₩)
64.04 ¥
(12,000.00 ₩)
     +6.7 %
Gasoline (1 gallon) 32.12 ¥
(6,017.74 ₩)
33.94 ¥
(6,359.53 ₩)
     +5.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 150,000.00 ¥
(28,105,724.59 ₩)
201,370.01 ¥
(37,731,000.00 ₩)
     +34.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 130,971.43 ¥
(24,540,312.67 ₩)
183,864.11 ¥
(34,450,892.86 ₩)
     +40.4 %
Utilities (Monthly)
Shanghai Edit Seoul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 419.73 ¥
(78,645.43 ₩)
1,309.47 ¥
(245,357.30 ₩)
     +212.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 94.40 ¥
(17,687.87 ₩)
322.26 ¥
(60,381.58 ₩)
     +241.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 134.54 ¥
(25,209.40 ₩)
172.68 ¥
(32,356.10 ₩)
     +28.3 %
Sports And Leisure
Shanghai Edit Seoul Edit
Fitness Club, Monthly Fee for 1 Adult 541.99 ¥
(101,552.85 ₩)
379.10 ¥
(71,031.75 ₩)
     -30.1 %
Tennis Court Rent (1 Hour on Weekend) 124.17 ¥
(23,265.29 ₩)
152.74 ¥
(28,620.00 ₩)
     +23.0 %
Cinema, International Release, 1 Seat 60.00 ¥
(11,242.29 ₩)
80.05 ¥
(15,000.00 ₩)
     +33.4 %
Childcare
Shanghai Edit Seoul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 8,601.59 ¥
(1,611,692.29 ₩)
2,763.67 ¥
(517,833.33 ₩)
     -67.9 %
International Primary School, Yearly for 1 Child 199,800.00 ¥
(37,436,825.15 ₩)
147,592.06 ¥
(27,654,545.45 ₩)
     -26.1 %
Clothing And Shoes
Shanghai Edit Seoul Edit
1 Pair of Jeans (Levis 501 Or Similar) 439.96 ¥
(82,435.65 ₩)
444.62 ¥
(83,308.30 ₩)
     +1.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 267.29 ¥
(50,082.84 ₩)
323.72 ¥
(60,656.82 ₩)
     +21.1 %
1 Pair of Nike Running Shoes (Mid-Range) 548.07 ¥
(102,693.46 ₩)
622.00 ¥
(116,545.45 ₩)
     +13.5 %
1 Pair of Men Leather Business Shoes 787.56 ¥
(147,566.30 ₩)
921.42 ¥
(172,647.06 ₩)
     +17.0 %
Rent Per Month
Shanghai Edit Seoul Edit
Apartment (1 bedroom) in City Centre 7,307.69 ¥
(1,369,253.25 ₩)
6,228.77 ¥
(1,167,093.02 ₩)
     -14.8 %
Apartment (1 bedroom) Outside of Centre 3,785.00 ¥
(709,201.12 ₩)
3,760.15 ¥
(704,545.45 ₩)
     -0.7 %
Apartment (3 bedrooms) in City Centre 20,684.62 ¥
(3,875,707.35 ₩)
19,521.92 ¥
(3,657,852.01 ₩)
     -5.6 %
Apartment (3 bedrooms) Outside of Centre 9,906.25 ¥
(1,856,148.89 ₩)
10,448.70 ¥
(1,957,787.97 ₩)
     +5.5 %
Buy Apartment Price
Shanghai Edit Seoul Edit
Price per Square Feet to Buy Apartment in City Centre 11,484.65 ¥
(2,151,896.95 ₩)
12,780.55 ¥
(2,394,710.40 ₩)
     +11.3 %
Price per Square Feet to Buy Apartment Outside of Centre 6,150.90 ¥
(1,152,504.14 ₩)
7,325.14 ¥
(1,372,522.77 ₩)
     +19.1 %
Salaries And Financing
Shanghai Edit Seoul Edit
Average Monthly Net Salary (After Tax) 10,899.42 ¥
(2,042,240.87 ₩)
20,872.15 ¥
(3,910,846.19 ₩)
     +91.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.73 5.11      +8.1 %
Last update: May 2024May 2024
Contributors in the past 12 months:236211