Cost of Living Comparison Between Singapore and Seoul 

Indices DifferenceInfo
Consumer Prices in Seoul are 15.1% lower than in Singapore (without rent)
Consumer Prices Including Rent in Seoul are 34.5% lower than in Singapore
Rent Prices in Seoul are 59.0% lower than in Singapore
Restaurant Prices in Seoul are 26.7% lower than in Singapore
Groceries Prices in Seoul are 18.7% higher than in Singapore
Local Purchasing Power in Seoul is 2.5% lower than in Singapore
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Singapore Edit Seoul Edit Difference
Meal, Inexpensive Restaurant 15.00 S$
(15,170.50 ₩)
10.38 S$
(10,500.00 ₩)
     -30.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 S$
(91,023.00 ₩)
69.21 S$
(70,000.00 ₩)
     -23.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 S$
(10,113.67 ₩)
7.91 S$
(8,000.00 ₩)
     -20.9 %
Domestic Beer (1 pint draught) 10.00 S$
(10,113.67 ₩)
4.94 S$
(5,000.00 ₩)
     -50.6 %
Imported Beer (12 oz small bottle) 10.50 S$
(10,619.35 ₩)
6.92 S$
(7,000.00 ₩)
     -34.1 %
Cappuccino (regular) 6.46 S$
(6,534.98 ₩)
5.21 S$
(5,266.07 ₩)
     -19.4 %
Coke/Pepsi (12 oz small bottle) 2.01 S$
(2,037.23 ₩)
2.13 S$
(2,152.75 ₩)
     +5.7 %
Water (12 oz small bottle) 1.53 S$
(1,552.06 ₩)
1.08 S$
(1,093.03 ₩)
     -29.6 %
Markets
Singapore Edit Seoul Edit
Milk (regular), (1 gallon) 14.84 S$
(15,008.48 ₩)
10.96 S$
(11,081.03 ₩)
     -26.2 %
Loaf of Fresh White Bread (1 lb) 2.55 S$
(2,576.73 ₩)
3.74 S$
(3,783.95 ₩)
     +46.9 %
Rice (white), (1 lb) 1.64 S$
(1,656.32 ₩)
2.09 S$
(2,111.16 ₩)
     +27.5 %
Eggs (regular) (12) 4.50 S$
(4,551.89 ₩)
4.43 S$
(4,481.01 ₩)
     -1.6 %
Local Cheese (1 lb) 11.31 S$
(11,435.49 ₩)
7.13 S$
(7,210.02 ₩)
     -37.0 %
Chicken Fillets (1 lb) 6.20 S$
(6,271.04 ₩)
6.27 S$
(6,340.20 ₩)
     +1.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12.81 S$
(12,953.60 ₩)
24.29 S$
(24,561.26 ₩)
     +89.6 %
Apples (1 lb) 2.57 S$
(2,601.76 ₩)
4.11 S$
(4,152.23 ₩)
     +59.6 %
Banana (1 lb) 1.95 S$
(1,968.41 ₩)
2.14 S$
(2,167.76 ₩)
     +10.1 %
Oranges (1 lb) 2.36 S$
(2,387.08 ₩)
3.58 S$
(3,620.49 ₩)
     +51.7 %
Tomato (1 lb) 1.76 S$
(1,778.39 ₩)
3.63 S$
(3,668.94 ₩)
     +106.3 %
Potato (1 lb) 1.40 S$
(1,418.87 ₩)
2.54 S$
(2,572.00 ₩)
     +81.3 %
Onion (1 lb) 1.38 S$
(1,397.91 ₩)
1.92 S$
(1,938.73 ₩)
     +38.7 %
Lettuce (1 head) 2.19 S$
(2,212.20 ₩)
3.28 S$
(3,315.74 ₩)
     +49.9 %
Water (1.5 liter bottle) 1.75 S$
(1,766.75 ₩)
1.51 S$
(1,527.68 ₩)
     -13.5 %
Bottle of Wine (Mid-Range) 30.00 S$
(30,341.00 ₩)
24.72 S$
(25,000.00 ₩)
     -17.6 %
Domestic Beer (0.5 liter bottle) 5.45 S$
(5,516.72 ₩)
3.35 S$
(3,384.68 ₩)
     -38.6 %
Imported Beer (12 oz small bottle) 6.17 S$
(6,239.24 ₩)
3.84 S$
(3,886.50 ₩)
     -37.7 %
Cigarettes 20 Pack (Marlboro) 16.05 S$
(16,232.43 ₩)
4.45 S$
(4,500.00 ₩)
     -72.3 %
Transportation
Singapore Edit Seoul Edit
One-way Ticket (Local Transport) 2.00 S$
(2,022.73 ₩)
1.43 S$
(1,450.00 ₩)
     -28.3 %
Monthly Pass (Regular Price) 128.00 S$
(129,454.93 ₩)
59.82 S$
(60,500.00 ₩)
     -53.3 %
Taxi Start (Normal Tariff) 4.35 S$
(4,399.44 ₩)
4.75 S$
(4,800.00 ₩)
     +9.1 %
Taxi 1 mile (Normal Tariff) 1.61 S$
(1,627.64 ₩)
1.59 S$
(1,609.34 ₩)
     -1.1 %
Taxi 1hour Waiting (Normal Tariff) 20.00 S$
(20,227.33 ₩)
11.87 S$
(12,000.00 ₩)
     -40.7 %
Gasoline (1 gallon) 10.75 S$
(10,874.84 ₩)
6.29 S$
(6,359.53 ₩)
     -41.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 180,000.00 S$
(182,045,992.60 ₩)
37,306.95 S$
(37,731,000.00 ₩)
     -79.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 158,373.12 S$
(160,173,287.96 ₩)
33,513.59 S$
(33,894,531.25 ₩)
     -78.8 %
Utilities (Monthly)
Singapore Edit Seoul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 211.42 S$
(213,828.04 ₩)
240.44 S$
(243,171.59 ₩)
     +13.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.01 S$
(24,286.16 ₩)
58.77 S$
(59,434.21 ₩)
     +144.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 46.91 S$
(47,444.26 ₩)
32.02 S$
(32,384.36 ₩)
     -31.7 %
Sports And Leisure
Singapore Edit Seoul Edit
Fitness Club, Monthly Fee for 1 Adult 137.52 S$
(139,085.47 ₩)
68.84 S$
(69,621.21 ₩)
     -49.9 %
Tennis Court Rent (1 Hour on Weekend) 17.31 S$
(17,510.13 ₩)
24.36 S$
(24,637.78 ₩)
     +40.7 %
Cinema, International Release, 1 Seat 15.00 S$
(15,170.50 ₩)
14.83 S$
(15,000.00 ₩)
     -1.1 %
Childcare
Singapore Edit Seoul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,498.70 S$
(1,515,737.57 ₩)
512.01 S$
(517,833.33 ₩)
     -65.8 %
International Primary School, Yearly for 1 Child 36,608.12 S$
(37,024,226.13 ₩)
27,343.74 S$
(27,654,545.45 ₩)
     -25.3 %
Clothing And Shoes
Singapore Edit Seoul Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.50 S$
(90,517.31 ₩)
78.43 S$
(79,325.73 ₩)
     -12.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 58.96 S$
(59,625.29 ₩)
58.24 S$
(58,898.11 ₩)
     -1.2 %
1 Pair of Nike Running Shoes (Mid-Range) 126.30 S$
(127,735.60 ₩)
115.24 S$
(116,545.45 ₩)
     -8.8 %
1 Pair of Men Leather Business Shoes 144.29 S$
(145,925.76 ₩)
165.16 S$
(167,039.67 ₩)
     +14.5 %
Rent Per Month
Singapore Edit Seoul Edit
Apartment (1 bedroom) in City Centre 3,708.27 S$
(3,750,417.15 ₩)
1,157.84 S$
(1,171,003.02 ₩)
     -68.8 %
Apartment (1 bedroom) Outside of Centre 2,634.77 S$
(2,664,721.20 ₩)
705.23 S$
(713,244.92 ₩)
     -73.2 %
Apartment (3 bedrooms) in City Centre 7,139.71 S$
(7,220,864.41 ₩)
3,618.73 S$
(3,659,865.07 ₩)
     -49.3 %
Apartment (3 bedrooms) Outside of Centre 4,971.80 S$
(5,028,312.99 ₩)
2,089.12 S$
(2,112,870.19 ₩)
     -58.0 %
Buy Apartment Price
Singapore Edit Seoul Edit
Price per Square Feet to Buy Apartment in City Centre 2,501.39 S$
(2,529,822.62 ₩)
2,370.47 S$
(2,397,418.57 ₩)
     -5.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,654.68 S$
(1,673,490.85 ₩)
1,358.25 S$
(1,373,686.32 ₩)
     -17.9 %
Salaries And Financing
Singapore Edit Seoul Edit
Average Monthly Net Salary (After Tax) 6,124.93 S$
(6,194,554.18 ₩)
3,913.88 S$
(3,958,368.66 ₩)
     -36.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 5.06      +44.6 %
Last update: April 2024April 2024
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