Cost of Living Comparison Between South Korea and Australia 
| Indices Difference |  |
|---|---|
| Consumer Prices in Australia are 16.3% higher than in South Korea (without rent) | |
| Consumer Prices Including Rent in Australia are 35.6% higher than in South Korea | |
| Rent Prices in Australia are 115.3% higher than in South Korea | |
| Restaurant Prices in Australia are 100.8% higher than in South Korea | |
| Groceries Prices in Australia are 6.3% lower than in South Korea | |
| Local Purchasing Power in Australia is 11.5% higher than in South Korea | |
Restaurants | South Korea Edit |
Australia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10,000.00 ₩ (11.17 A$) |
22,378.13 ₩ (25.00 A$) |
+123.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50,000.00 ₩ (55.86 A$) |
116,366.29 ₩ (130.00 A$) |
+132.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (8.94 A$) |
13,426.88 ₩ (15.00 A$) |
+67.8 % |
| Domestic Beer (1 pint draught) |
4,500.00 ₩ (5.03 A$) |
9,846.38 ₩ (11.00 A$) |
+118.8 % |
| Imported Beer (12 oz small bottle) |
6,000.00 ₩ (6.70 A$) |
10,741.50 ₩ (12.00 A$) |
+79.0 % |
| Cappuccino (regular) |
4,964.18 ₩ (5.55 A$) |
4,754.27 ₩ (5.31 A$) |
-4.2 % |
| Coke/Pepsi (12 oz small bottle) |
1,969.88 ₩ (2.20 A$) |
3,640.95 ₩ (4.07 A$) |
+84.8 % |
| Water (12 oz small bottle) |
1,039.83 ₩ (1.16 A$) |
3,034.83 ₩ (3.39 A$) |
+191.9 % |
Markets | South Korea Edit |
Australia Edit | |
| Milk (regular), (1 gallon) |
10,778.11 ₩ (12.04 A$) |
7,905.28 ₩ (8.83 A$) |
-26.7 % |
| Loaf of Fresh White Bread (1 lb) |
3,618.83 ₩ (4.04 A$) |
3,063.77 ₩ (3.42 A$) |
-15.3 % |
| Rice (white), (1 lb) |
1,906.75 ₩ (2.13 A$) |
1,338.15 ₩ (1.49 A$) |
-29.8 % |
| Eggs (regular) (12) |
4,268.28 ₩ (4.77 A$) |
5,457.57 ₩ (6.10 A$) |
+27.9 % |
| Local Cheese (1 lb) |
7,417.84 ₩ (8.29 A$) |
6,235.43 ₩ (6.97 A$) |
-15.9 % |
| Chicken Fillets (1 lb) |
5,225.44 ₩ (5.84 A$) |
5,270.00 ₩ (5.89 A$) |
+0.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
19,053.60 ₩ (21.29 A$) |
8,870.06 ₩ (9.91 A$) |
-53.4 % |
| Apples (1 lb) |
4,127.08 ₩ (4.61 A$) |
1,972.83 ₩ (2.20 A$) |
-52.2 % |
| Banana (1 lb) |
2,089.10 ₩ (2.33 A$) |
1,641.13 ₩ (1.83 A$) |
-21.4 % |
| Oranges (1 lb) |
3,508.41 ₩ (3.92 A$) |
1,913.60 ₩ (2.14 A$) |
-45.5 % |
| Tomato (1 lb) |
3,341.71 ₩ (3.73 A$) |
2,694.58 ₩ (3.01 A$) |
-19.4 % |
| Potato (1 lb) |
2,412.71 ₩ (2.70 A$) |
1,516.72 ₩ (1.69 A$) |
-37.1 % |
| Onion (1 lb) |
1,805.91 ₩ (2.02 A$) |
1,339.71 ₩ (1.50 A$) |
-25.8 % |
| Lettuce (1 head) |
3,187.39 ₩ (3.56 A$) |
3,147.92 ₩ (3.52 A$) |
-1.2 % |
| Water (1.5 liter bottle) |
1,435.31 ₩ (1.60 A$) |
2,316.95 ₩ (2.59 A$) |
+61.4 % |
| Bottle of Wine (Mid-Range) |
20,000.00 ₩ (22.34 A$) |
17,902.51 ₩ (20.00 A$) |
-10.5 % |
| Domestic Beer (0.5 liter bottle) |
2,908.18 ₩ (3.25 A$) |
6,698.41 ₩ (7.48 A$) |
+130.3 % |
| Imported Beer (12 oz small bottle) |
3,602.23 ₩ (4.02 A$) |
7,594.62 ₩ (8.48 A$) |
+110.8 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (5.03 A$) |
40,280.64 ₩ (45.00 A$) |
+795.1 % |
Transportation | South Korea Edit |
Australia Edit | |
| One-way Ticket (Local Transport) |
1,450.00 ₩ (1.62 A$) |
4,475.63 ₩ (5.00 A$) |
+208.7 % |
| Monthly Pass (Regular Price) |
60,000.00 ₩ (67.03 A$) |
151,477.58 ₩ (169.22 A$) |
+152.5 % |
| Taxi Start (Normal Tariff) |
4,200.00 ₩ (4.69 A$) |
4,923.19 ₩ (5.50 A$) |
+17.2 % |
| Taxi 1 mile (Normal Tariff) |
1,609.34 ₩ (1.80 A$) |
3,741.62 ₩ (4.18 A$) |
+132.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (13.41 A$) |
53,707.52 ₩ (60.00 A$) |
+347.6 % |
| Gasoline (1 gallon) |
6,297.58 ₩ (7.04 A$) |
6,420.92 ₩ (7.17 A$) |
+2.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (42,151.64 A$) |
38,490,387.62 ₩ (43,000.00 A$) |
+2.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32,358,800.79 ₩ (36,150.02 A$) |
29,856,022.79 ₩ (33,354.02 A$) |
-7.7 % |
Utilities (Monthly) | South Korea Edit |
Australia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
224,013.39 ₩ (250.26 A$) |
292,161.45 ₩ (326.39 A$) |
+30.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
62,460.23 ₩ (69.78 A$) |
38,226.09 ₩ (42.70 A$) |
-38.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29,570.33 ₩ (33.03 A$) |
75,273.29 ₩ (84.09 A$) |
+154.6 % |
Sports And Leisure | South Korea Edit |
Australia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
62,466.65 ₩ (69.79 A$) |
72,042.01 ₩ (80.48 A$) |
+15.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
22,491.11 ₩ (25.13 A$) |
24,710.41 ₩ (27.61 A$) |
+9.9 % |
| Cinema, International Release, 1 Seat |
14,750.00 ₩ (16.48 A$) |
19,692.76 ₩ (22.00 A$) |
+33.5 % |
Childcare | South Korea Edit |
Australia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
473,666.67 ₩ (529.16 A$) |
2,182,799.59 ₩ (2,438.54 A$) |
+360.8 % |
| International Primary School, Yearly for 1 Child |
28,068,166.70 ₩ (31,356.69 A$) |
17,252,096.11 ₩ (19,273.39 A$) |
-38.5 % |
Clothing And Shoes | South Korea Edit |
Australia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77,382.93 ₩ (86.45 A$) |
112,359.50 ₩ (125.52 A$) |
+45.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
57,005.03 ₩ (63.68 A$) |
84,752.68 ₩ (94.68 A$) |
+48.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
109,019.61 ₩ (121.79 A$) |
157,851.26 ₩ (176.35 A$) |
+44.8 % |
| 1 Pair of Men Leather Business Shoes |
151,334.69 ₩ (169.07 A$) |
178,066.96 ₩ (198.93 A$) |
+17.7 % |
Rent Per Month | South Korea Edit |
Australia Edit | |
| Apartment (1 bedroom) in City Centre |
685,468.75 ₩ (765.78 A$) |
2,103,554.20 ₩ (2,350.01 A$) |
+206.9 % |
| Apartment (1 bedroom) Outside of Centre |
485,685.81 ₩ (542.59 A$) |
1,643,017.64 ₩ (1,835.52 A$) |
+238.3 % |
| Apartment (3 bedrooms) in City Centre |
2,019,090.91 ₩ (2,255.65 A$) |
3,335,529.05 ₩ (3,726.33 A$) |
+65.2 % |
| Apartment (3 bedrooms) Outside of Centre |
1,222,133.24 ₩ (1,365.32 A$) |
2,419,471.09 ₩ (2,702.94 A$) |
+98.0 % |
Buy Apartment Price | South Korea Edit |
Australia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,456,447.79 ₩ (1,627.09 A$) |
1,059,624.69 ₩ (1,183.77 A$) |
-27.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
974,497.07 ₩ (1,088.67 A$) |
800,526.31 ₩ (894.32 A$) |
-17.9 % |
Salaries And Financing | South Korea Edit |
Australia Edit | |
| Average Monthly Net Salary (After Tax) |
3,255,739.98 ₩ (3,637.19 A$) |
4,922,976.68 ₩ (5,499.76 A$) |
+51.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.69 | 6.44 | +37.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 342 | 1712 |
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