Cost of Living Comparison Between London and Seoul 
| Indices Difference |  |
|---|---|
| Consumer Prices in Seoul are 14.5% lower than in London (without rent) | |
| Consumer Prices Including Rent in Seoul are 35.0% lower than in London | |
| Rent Prices in Seoul are 60.6% lower than in London | |
| Restaurant Prices in Seoul are 53.6% lower than in London | |
| Groceries Prices in Seoul are 39.4% higher than in London | |
| Local Purchasing Power in Seoul is 3.2% higher than in London | |
Restaurants | London Edit |
Seoul Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (34,382.14 ₩) |
6.40 £ (11,000.00 ₩) |
-68.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (137,528.58 ₩) |
40.72 £ (70,000.00 ₩) |
-49.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (13,752.86 ₩) |
4.65 £ (8,000.00 ₩) |
-41.8 % |
| Domestic Beer (1 pint draught) |
6.50 £ (11,174.20 ₩) |
2.91 £ (5,000.00 ₩) |
-55.3 % |
| Imported Beer (12 oz small bottle) |
6.00 £ (10,314.64 ₩) |
4.07 £ (7,000.00 ₩) |
-32.1 % |
| Cappuccino (regular) |
3.61 £ (6,206.17 ₩) |
3.06 £ (5,258.77 ₩) |
-15.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.02 £ (3,476.07 ₩) |
1.20 £ (2,069.53 ₩) |
-40.5 % |
| Water (12 oz small bottle) |
1.66 £ (2,847.39 ₩) |
0.65 £ (1,115.38 ₩) |
-60.8 % |
Markets | London Edit |
Seoul Edit | |
| Milk (regular), (1 gallon) |
5.02 £ (8,636.35 ₩) |
6.47 £ (11,117.39 ₩) |
+28.7 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 £ (2,417.49 ₩) |
2.21 £ (3,804.39 ₩) |
+57.4 % |
| Rice (white), (1 lb) |
0.92 £ (1,585.69 ₩) |
1.21 £ (2,087.03 ₩) |
+31.6 % |
| Eggs (regular) (12) |
3.17 £ (5,443.44 ₩) |
2.58 £ (4,439.82 ₩) |
-18.4 % |
| Local Cheese (1 lb) |
3.41 £ (5,860.09 ₩) |
4.34 £ (7,454.70 ₩) |
+27.2 % |
| Chicken Fillets (1 lb) |
3.39 £ (5,828.06 ₩) |
3.76 £ (6,457.02 ₩) |
+10.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (9,481.83 ₩) |
14.20 £ (24,404.64 ₩) |
+157.4 % |
| Apples (1 lb) |
1.17 £ (2,003.46 ₩) |
2.46 £ (4,231.52 ₩) |
+111.2 % |
| Banana (1 lb) |
0.59 £ (1,022.10 ₩) |
1.24 £ (2,133.64 ₩) |
+108.7 % |
| Oranges (1 lb) |
1.17 £ (2,019.00 ₩) |
2.04 £ (3,501.09 ₩) |
+73.4 % |
| Tomato (1 lb) |
1.39 £ (2,395.11 ₩) |
2.14 £ (3,683.97 ₩) |
+53.8 % |
| Potato (1 lb) |
0.58 £ (992.11 ₩) |
1.51 £ (2,589.22 ₩) |
+161.0 % |
| Onion (1 lb) |
0.53 £ (912.72 ₩) |
1.12 £ (1,920.12 ₩) |
+110.4 % |
| Lettuce (1 head) |
0.97 £ (1,666.31 ₩) |
1.93 £ (3,323.75 ₩) |
+99.5 % |
| Water (1.5 liter bottle) |
1.31 £ (2,254.90 ₩) |
0.87 £ (1,503.24 ₩) |
-33.3 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (16,331.52 ₩) |
14.54 £ (25,000.00 ₩) |
+53.1 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (3,594.37 ₩) |
1.95 £ (3,359.69 ₩) |
-6.5 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (4,186.37 ₩) |
2.21 £ (3,801.79 ₩) |
-9.2 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (25,786.61 ₩) |
2.62 £ (4,500.00 ₩) |
-82.5 % |
Transportation | London Edit |
Seoul Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (4,813.50 ₩) |
0.84 £ (1,450.00 ₩) |
-69.9 % |
| Monthly Pass (Regular Price) |
200.00 £ (343,821.44 ₩) |
35.63 £ (61,250.00 ₩) |
-82.2 % |
| Taxi Start (Normal Tariff) |
4.50 £ (7,735.98 ₩) |
2.79 £ (4,800.00 ₩) |
-38.0 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (5,388.27 ₩) |
0.94 £ (1,609.34 ₩) |
-70.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (51,573.22 ₩) |
6.98 £ (12,000.00 ₩) |
-76.7 % |
| Gasoline (1 gallon) |
5.71 £ (9,807.78 ₩) |
3.70 £ (6,359.53 ₩) |
-35.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (46,897,244.09 ₩) |
21,948.02 £ (37,731,000.00 ₩) |
-19.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (44,457,186.32 ₩) |
20,039.99 £ (34,450,892.86 ₩) |
-22.5 % |
Utilities (Monthly) | London Edit |
Seoul Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
293.80 £ (505,081.60 ₩) |
144.94 £ (249,171.59 ₩) |
-50.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.03 £ (25,838.82 ₩) |
34.39 £ (59,112.50 ₩) |
+128.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.02 £ (53,325.05 ₩) |
18.56 £ (31,914.65 ₩) |
-40.2 % |
Sports And Leisure | London Edit |
Seoul Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.74 £ (80,349.58 ₩) |
41.56 £ (71,439.39 ₩) |
-11.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (24,673.10 ₩) |
17.77 £ (30,542.50 ₩) |
+23.8 % |
| Cinema, International Release, 1 Seat |
15.00 £ (25,786.61 ₩) |
8.73 £ (15,000.00 ₩) |
-41.8 % |
Childcare | London Edit |
Seoul Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (3,163,742.72 ₩) |
301.22 £ (517,833.33 ₩) |
-83.6 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (34,476,285.35 ₩) |
16,442.64 £ (28,266,666.67 ₩) |
-18.0 % |
Clothing And Shoes | London Edit |
Seoul Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.72 £ (140,489.26 ₩) |
47.95 £ (82,436.48 ₩) |
-41.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.37 £ (67,681.25 ₩) |
35.28 £ (60,656.82 ₩) |
-10.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.05 £ (153,088.26 ₩) |
67.79 £ (116,545.45 ₩) |
-23.9 % |
| 1 Pair of Men Leather Business Shoes |
97.78 £ (168,090.48 ₩) |
100.43 £ (172,647.06 ₩) |
+2.7 % |
Rent Per Month | London Edit |
Seoul Edit | |
| Apartment (1 bedroom) in City Centre |
2,138.54 £ (3,676,382.35 ₩) |
689.35 £ (1,185,068.29 ₩) |
-67.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,607.38 £ (2,763,266.45 ₩) |
417.30 £ (717,391.30 ₩) |
-74.0 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (7,603,564.63 ₩) |
2,099.81 £ (3,609,802.76 ₩) |
-52.5 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (4,914,883.37 ₩) |
1,141.11 £ (1,961,689.03 ₩) |
-60.1 % |
Buy Apartment Price | London Edit |
Seoul Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (2,254,096.36 ₩) |
1,373.08 £ (2,360,474.42 ₩) |
+4.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (1,270,802.52 ₩) |
786.27 £ (1,351,682.74 ₩) |
+6.4 % |
Salaries And Financing | London Edit |
Seoul Edit | |
| Average Monthly Net Salary (After Tax) |
3,450.82 £ (5,932,333.28 ₩) |
2,316.10 £ (3,981,624.50 ₩) |
-32.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.55 | 5.08 | -8.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 892 | 214 |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
Cities near Seoul: | Cost of Living in Bucheon | 14.63 miles |
| Cost of Living in Anyang | 16.48 miles |
| Cost of Living in Seongnam | 17.54 miles |
| Cost of Living in Uijeongbu | 17.54 miles |
| Cost of Living in Incheon | 19.09 miles |
| Cost of Living in Ilsan | 19.10 miles |
| Cost of Living in Gimpo | 19.16 miles |
| Cost of Living in Gunpo | 19.35 miles |
| Cost of Living in Suji-gu | 20.07 miles |
| Cost of Living in Yangju-si | 20.74 miles |