Cost of Living Comparison Between Singapore and South Korea 
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| Indices Difference |  |
|---|---|
| Cost of Living in South Korea is 28.4% lower than in Singapore (excluding rent) | |
| Cost of Living Including Rent in South Korea is 48.6% lower than in Singapore | |
| Rent Prices in South Korea are 77.8% lower than in Singapore | |
| Restaurant Prices in South Korea are 38.7% lower than in Singapore | |
| Groceries Prices in South Korea are 3.4% higher than in Singapore | |
| Local Purchasing Power in South Korea is 5.8% higher than in Singapore | |
Restaurants | Singapore Edit |
South Korea Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 S$ (15,375.25 ₩) |
9.11 S$ (10,000.00 ₩) |
-35.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 S$ (109,823.19 ₩) |
54.63 S$ (60,000.00 ₩) |
-45.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 S$ (10,982.32 ₩) |
7.28 S$ (8,000.00 ₩) |
-27.2 % |
| Domestic Beer (1 pint draught) |
12.00 S$ (13,178.78 ₩) |
4.55 S$ (5,000.00 ₩) |
-62.1 % |
| Imported Beer (12 oz small bottle) |
12.00 S$ (13,178.78 ₩) |
6.37 S$ (7,000.00 ₩) |
-46.9 % |
| Cappuccino (regular) |
6.30 S$ (6,919.12 ₩) |
4.59 S$ (5,035.42 ₩) |
-27.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.27 S$ (2,490.66 ₩) |
1.97 S$ (2,163.21 ₩) |
-13.1 % |
| Water (12 oz small bottle) |
1.61 S$ (1,764.06 ₩) |
0.98 S$ (1,072.60 ₩) |
-39.2 % |
Markets | Singapore Edit |
South Korea Edit | |
| Milk (regular), (1 gallon) |
14.38 S$ (15,793.14 ₩) |
10.28 S$ (11,291.23 ₩) |
-28.5 % |
| Loaf of Fresh White Bread (1 lb) |
2.71 S$ (2,977.14 ₩) |
3.49 S$ (3,832.40 ₩) |
+28.7 % |
| Rice (white), (1 lb) |
1.71 S$ (1,882.45 ₩) |
1.70 S$ (1,868.32 ₩) |
-0.8 % |
| Eggs (regular) (12) |
4.29 S$ (4,713.05 ₩) |
3.84 S$ (4,217.06 ₩) |
-10.5 % |
| Local Cheese (1 lb) |
10.69 S$ (11,734.76 ₩) |
7.75 S$ (8,511.48 ₩) |
-27.5 % |
| Chicken Fillets (1 lb) |
6.44 S$ (7,075.60 ₩) |
5.16 S$ (5,662.48 ₩) |
-20.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
12.37 S$ (13,590.29 ₩) |
17.01 S$ (18,683.51 ₩) |
+37.5 % |
| Apples (1 lb) |
2.54 S$ (2,794.46 ₩) |
4.41 S$ (4,840.53 ₩) |
+73.2 % |
| Banana (1 lb) |
1.77 S$ (1,938.89 ₩) |
1.94 S$ (2,135.18 ₩) |
+10.1 % |
| Oranges (1 lb) |
2.55 S$ (2,801.90 ₩) |
3.33 S$ (3,652.54 ₩) |
+30.4 % |
| Tomato (1 lb) |
1.64 S$ (1,803.16 ₩) |
3.45 S$ (3,791.24 ₩) |
+110.3 % |
| Potato (1 lb) |
1.46 S$ (1,606.53 ₩) |
2.17 S$ (2,384.41 ₩) |
+48.4 % |
| Onion (1 lb) |
1.33 S$ (1,464.73 ₩) |
1.64 S$ (1,797.15 ₩) |
+22.7 % |
| Lettuce (1 head) |
2.36 S$ (2,592.93 ₩) |
3.07 S$ (3,373.78 ₩) |
+30.1 % |
| Water (1.5 liter bottle) |
1.98 S$ (2,172.36 ₩) |
1.47 S$ (1,615.77 ₩) |
-25.6 % |
| Bottle of Wine (Mid-Range) |
30.00 S$ (32,946.96 ₩) |
22.76 S$ (25,000.00 ₩) |
-24.1 % |
| Domestic Beer (0.5 liter bottle) |
5.54 S$ (6,089.53 ₩) |
2.71 S$ (2,971.30 ₩) |
-51.2 % |
| Imported Beer (12 oz small bottle) |
6.80 S$ (7,471.76 ₩) |
3.69 S$ (4,047.49 ₩) |
-45.8 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 S$ (18,669.94 ₩) |
4.10 S$ (4,500.00 ₩) |
-75.9 % |
Transportation | Singapore Edit |
South Korea Edit | |
| One-way Ticket (Local Transport) |
2.00 S$ (2,196.46 ₩) |
1.37 S$ (1,500.00 ₩) |
-31.7 % |
| Monthly Pass (Regular Price) |
120.00 S$ (131,787.83 ₩) |
59.19 S$ (65,000.00 ₩) |
-50.7 % |
| Taxi Start (Normal Tariff) |
4.60 S$ (5,051.87 ₩) |
4.10 S$ (4,500.00 ₩) |
-10.9 % |
| Taxi 1 mile (Normal Tariff) |
1.61 S$ (1,767.43 ₩) |
1.17 S$ (1,287.48 ₩) |
-27.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.80 S$ (22,843.22 ₩) |
10.93 S$ (12,000.00 ₩) |
-47.5 % |
| Gasoline (1 gallon) |
10.86 S$ (11,922.10 ₩) |
5.70 S$ (6,256.32 ₩) |
-47.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
180,000.00 S$ (197,681,750.74 ₩) |
34,356.13 S$ (37,731,000.00 ₩) |
-80.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
159,876.26 S$ (175,581,214.42 ₩) |
29,088.79 S$ (31,946,240.28 ₩) |
-81.8 % |
Utilities (Monthly) | Singapore Edit |
South Korea Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
208.03 S$ (228,463.69 ₩) |
209.46 S$ (230,031.77 ₩) |
+0.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
23.31 S$ (25,600.17 ₩) |
50.07 S$ (54,989.34 ₩) |
+114.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.90 S$ (53,700.73 ₩) |
26.88 S$ (29,519.89 ₩) |
-45.0 % |
Sports And Leisure | Singapore Edit |
South Korea Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
143.60 S$ (157,706.11 ₩) |
64.22 S$ (70,528.03 ₩) |
-55.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
15.72 S$ (17,269.70 ₩) |
26.02 S$ (28,575.00 ₩) |
+65.5 % |
| Cinema, International Release, 1 Seat |
15.00 S$ (16,473.48 ₩) |
13.66 S$ (15,000.00 ₩) |
-8.9 % |
Childcare | Singapore Edit |
South Korea Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,515.00 S$ (1,663,821.40 ₩) |
496.06 S$ (544,793.87 ₩) |
-67.3 % |
| International Primary School, Yearly for 1 Child |
37,182.14 S$ (40,834,617.20 ₩) |
28,180.56 S$ (30,948,793.78 ₩) |
-24.2 % |
Clothing And Shoes | Singapore Edit |
South Korea Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
103.92 S$ (114,130.70 ₩) |
72.66 S$ (79,802.67 ₩) |
-30.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
58.06 S$ (63,758.82 ₩) |
62.23 S$ (68,338.05 ₩) |
+7.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
134.62 S$ (147,840.32 ₩) |
104.65 S$ (114,932.44 ₩) |
-22.3 % |
| 1 Pair of Men Leather Business Shoes |
153.44 S$ (168,518.01 ₩) |
138.32 S$ (151,911.76 ₩) |
-9.9 % |
Rent Per Month | Singapore Edit |
South Korea Edit | |
| Apartment (1 bedroom) in City Centre |
4,034.88 S$ (4,431,238.21 ₩) |
735.40 S$ (807,635.75 ₩) |
-81.8 % |
| Apartment (1 bedroom) Outside of Centre |
2,942.86 S$ (3,231,939.73 ₩) |
462.81 S$ (508,268.96 ₩) |
-84.3 % |
| Apartment (3 bedrooms) in City Centre |
7,871.05 S$ (8,644,241.47 ₩) |
1,966.82 S$ (2,160,029.59 ₩) |
-75.0 % |
| Apartment (3 bedrooms) Outside of Centre |
4,791.49 S$ (5,262,166.70 ₩) |
1,195.91 S$ (1,313,389.70 ₩) |
-75.0 % |
Buy Apartment Price | Singapore Edit |
South Korea Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
2,747.10 S$ (3,016,952.61 ₩) |
1,587.23 S$ (1,743,141.79 ₩) |
-42.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,795.16 S$ (1,971,504.22 ₩) |
1,073.59 S$ (1,179,053.02 ₩) |
-40.2 % |
Salaries And Financing | Singapore Edit |
South Korea Edit | |
| Average Monthly Net Salary (After Tax) |
5,224.47 S$ (5,737,684.73 ₩) |
2,844.50 S$ (3,123,915.43 ₩) |
-45.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.23 | 4.50 | +39.1 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 383 | 323 |
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