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 34.5% lower than in London | |
| Rent Prices in Seoul are 59.7% lower than in London | |
| Restaurant Prices in Seoul are 53.1% lower than in London | |
| Groceries Prices in Seoul are 38.4% higher than in London | |
| Local Purchasing Power in Seoul is 2.2% higher than in London | |
Restaurants | London Edit |
Seoul Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (34,031.29 ₩) |
6.46 £ (11,000.00 ₩) |
-67.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (136,125.18 ₩) |
41.14 £ (70,000.00 ₩) |
-48.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (13,612.52 ₩) |
4.70 £ (8,000.00 ₩) |
-41.2 % |
| Domestic Beer (1 pint draught) |
6.50 £ (11,060.17 ₩) |
2.94 £ (5,000.00 ₩) |
-54.8 % |
| Imported Beer (12 oz small bottle) |
5.75 £ (9,784.00 ₩) |
4.11 £ (7,000.00 ₩) |
-28.5 % |
| Cappuccino (regular) |
3.59 £ (6,107.36 ₩) |
3.08 £ (5,235.03 ₩) |
-14.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.02 £ (3,440.73 ₩) |
1.24 £ (2,112.36 ₩) |
-38.6 % |
| Water (12 oz small bottle) |
1.65 £ (2,806.63 ₩) |
0.65 £ (1,108.92 ₩) |
-60.5 % |
Markets | London Edit |
Seoul Edit | |
| Milk (regular), (1 gallon) |
5.04 £ (8,567.72 ₩) |
6.53 £ (11,119.03 ₩) |
+29.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.39 £ (2,368.39 ₩) |
2.22 £ (3,779.90 ₩) |
+59.6 % |
| Rice (white), (1 lb) |
0.92 £ (1,569.54 ₩) |
1.24 £ (2,107.64 ₩) |
+34.3 % |
| Eggs (regular) (12) |
3.17 £ (5,387.96 ₩) |
2.63 £ (4,478.07 ₩) |
-16.9 % |
| Local Cheese (1 lb) |
3.41 £ (5,800.36 ₩) |
4.29 £ (7,298.84 ₩) |
+25.8 % |
| Chicken Fillets (1 lb) |
3.42 £ (5,812.20 ₩) |
3.72 £ (6,335.15 ₩) |
+9.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.70 £ (9,692.94 ₩) |
13.78 £ (23,449.70 ₩) |
+141.9 % |
| Apples (1 lb) |
1.14 £ (1,947.39 ₩) |
2.44 £ (4,152.23 ₩) |
+113.2 % |
| Banana (1 lb) |
0.59 £ (1,011.67 ₩) |
1.28 £ (2,171.05 ₩) |
+114.6 % |
| Oranges (1 lb) |
1.18 £ (2,014.64 ₩) |
2.08 £ (3,535.12 ₩) |
+75.5 % |
| Tomato (1 lb) |
1.39 £ (2,372.64 ₩) |
2.19 £ (3,731.55 ₩) |
+57.3 % |
| Potato (1 lb) |
0.58 £ (981.99 ₩) |
1.52 £ (2,591.20 ₩) |
+163.9 % |
| Onion (1 lb) |
0.53 £ (903.41 ₩) |
1.14 £ (1,942.72 ₩) |
+115.0 % |
| Lettuce (1 head) |
0.97 £ (1,649.30 ₩) |
1.95 £ (3,315.74 ₩) |
+101.0 % |
| Water (1.5 liter bottle) |
1.31 £ (2,231.89 ₩) |
0.90 £ (1,526.51 ₩) |
-31.6 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (16,164.86 ₩) |
14.69 £ (25,000.00 ₩) |
+54.7 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (3,557.69 ₩) |
2.07 £ (3,524.62 ₩) |
-0.9 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (4,143.65 ₩) |
2.28 £ (3,876.22 ₩) |
-6.5 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (25,523.47 ₩) |
2.64 £ (4,500.00 ₩) |
-82.4 % |
Transportation | London Edit |
Seoul Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (4,764.38 ₩) |
0.85 £ (1,450.00 ₩) |
-69.6 % |
| Monthly Pass (Regular Price) |
200.00 £ (340,312.95 ₩) |
35.85 £ (61,000.00 ₩) |
-82.1 % |
| Taxi Start (Normal Tariff) |
4.50 £ (7,657.04 ₩) |
2.82 £ (4,800.00 ₩) |
-37.3 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (5,333.29 ₩) |
0.95 £ (1,609.34 ₩) |
-69.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (51,046.94 ₩) |
7.05 £ (12,000.00 ₩) |
-76.5 % |
| Gasoline (1 gallon) |
5.71 £ (9,707.70 ₩) |
3.74 £ (6,359.53 ₩) |
-34.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (46,418,685.97 ₩) |
22,174.30 £ (37,731,000.00 ₩) |
-18.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (44,003,527.53 ₩) |
20,246.60 £ (34,450,892.86 ₩) |
-21.7 % |
Utilities (Monthly) | London Edit |
Seoul Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
294.39 £ (500,926.34 ₩) |
144.20 £ (245,357.30 ₩) |
-51.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.09 £ (25,672.44 ₩) |
35.49 £ (60,381.58 ₩) |
+135.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.00 £ (52,748.17 ₩) |
19.02 £ (32,356.10 ₩) |
-38.7 % |
Sports And Leisure | London Edit |
Seoul Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.64 £ (79,368.54 ₩) |
41.74 £ (71,031.75 ₩) |
-10.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.61 £ (24,855.00 ₩) |
16.82 £ (28,620.00 ₩) |
+15.1 % |
| Cinema, International Release, 1 Seat |
15.00 £ (25,523.47 ₩) |
8.82 £ (15,000.00 ₩) |
-41.2 % |
Childcare | London Edit |
Seoul Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (3,131,458.63 ₩) |
304.33 £ (517,833.33 ₩) |
-83.5 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (34,124,475.63 ₩) |
16,252.42 £ (27,654,545.45 ₩) |
-19.0 % |
Clothing And Shoes | London Edit |
Seoul Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.72 £ (139,055.65 ₩) |
48.96 £ (83,308.30 ₩) |
-40.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.37 £ (66,990.60 ₩) |
35.65 £ (60,656.82 ₩) |
-9.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.05 £ (151,526.08 ₩) |
68.49 £ (116,545.45 ₩) |
-23.1 % |
| 1 Pair of Men Leather Business Shoes |
97.78 £ (166,375.22 ₩) |
101.46 £ (172,647.06 ₩) |
+3.8 % |
Rent Per Month | London Edit |
Seoul Edit | |
| Apartment (1 bedroom) in City Centre |
2,132.98 £ (3,629,401.38 ₩) |
685.89 £ (1,167,093.02 ₩) |
-67.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,607.50 £ (2,735,265.31 ₩) |
414.06 £ (704,545.45 ₩) |
-74.2 % |
| Apartment (3 bedrooms) in City Centre |
4,296.25 £ (7,310,347.49 ₩) |
2,149.70 £ (3,657,852.01 ₩) |
-50.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,892.31 £ (4,921,448.77 ₩) |
1,150.58 £ (1,957,787.97 ₩) |
-60.2 % |
Buy Apartment Price | London Edit |
Seoul Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (2,231,094.67 ₩) |
1,407.36 £ (2,394,710.40 ₩) |
+7.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (1,257,834.75 ₩) |
806.62 £ (1,372,522.77 ₩) |
+9.1 % |
Salaries And Financing | London Edit |
Seoul Edit | |
| Average Monthly Net Salary (After Tax) |
3,432.31 £ (5,840,290.33 ₩) |
2,298.38 £ (3,910,846.19 ₩) |
-33.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.57 | 5.11 | -8.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 879 | 211 |
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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 |