Cost of Living Comparison Between South Korea and Philippines 
| Indices Difference |  |
|---|---|
| Consumer Prices in Philippines are 48.7% lower than in South Korea (without rent) | |
| Consumer Prices Including Rent in Philippines are 49.9% lower than in South Korea | |
| Rent Prices in Philippines are 54.9% lower than in South Korea | |
| Restaurant Prices in Philippines are 46.8% lower than in South Korea | |
| Groceries Prices in Philippines are 57.4% lower than in South Korea | |
| Local Purchasing Power in Philippines is 69.6% lower than in South Korea | |
Restaurants | South Korea Edit |
Philippines Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10,000.00 ₩ (425.36 ₱) |
4,701.91 ₩ (200.00 ₱) |
-53.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50,000.00 ₩ (2,126.79 ₱) |
28,211.49 ₩ (1,200.00 ₱) |
-43.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (340.29 ₱) |
4,701.91 ₩ (200.00 ₱) |
-41.2 % |
| Domestic Beer (1 pint draught) |
4,500.00 ₩ (191.41 ₱) |
1,645.67 ₩ (70.00 ₱) |
-63.4 % |
| Imported Beer (12 oz small bottle) |
6,000.00 ₩ (255.22 ₱) |
2,821.15 ₩ (120.00 ₱) |
-53.0 % |
| Cappuccino (regular) |
4,959.85 ₩ (210.97 ₱) |
3,169.19 ₩ (134.80 ₱) |
-36.1 % |
| Coke/Pepsi (12 oz small bottle) |
1,960.16 ₩ (83.38 ₱) |
988.39 ₩ (42.04 ₱) |
-49.6 % |
| Water (12 oz small bottle) |
1,039.75 ₩ (44.23 ₱) |
517.73 ₩ (22.02 ₱) |
-50.2 % |
Markets | South Korea Edit |
Philippines Edit | |
| Milk (regular), (1 gallon) |
10,819.57 ₩ (460.22 ₱) |
8,758.36 ₩ (372.54 ₱) |
-19.1 % |
| Loaf of Fresh White Bread (1 lb) |
3,603.18 ₩ (153.26 ₱) |
1,458.62 ₩ (62.04 ₱) |
-59.5 % |
| Rice (white), (1 lb) |
1,899.32 ₩ (80.79 ₱) |
555.36 ₩ (23.62 ₱) |
-70.8 % |
| Eggs (regular) (12) |
4,295.20 ₩ (182.70 ₱) |
2,714.62 ₩ (115.47 ₱) |
-36.8 % |
| Local Cheese (1 lb) |
7,423.64 ₩ (315.77 ₱) |
4,362.69 ₩ (185.57 ₱) |
-41.2 % |
| Chicken Fillets (1 lb) |
5,312.08 ₩ (225.95 ₱) |
2,539.42 ₩ (108.02 ₱) |
-52.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
19,053.60 ₩ (810.46 ₱) |
4,139.71 ₩ (176.09 ₱) |
-78.3 % |
| Apples (1 lb) |
4,192.29 ₩ (178.32 ₱) |
1,673.05 ₩ (71.16 ₱) |
-60.1 % |
| Banana (1 lb) |
2,081.71 ₩ (88.55 ₱) |
885.69 ₩ (37.67 ₱) |
-57.5 % |
| Oranges (1 lb) |
3,527.75 ₩ (150.06 ₱) |
1,582.53 ₩ (67.31 ₱) |
-55.1 % |
| Tomato (1 lb) |
3,343.54 ₩ (142.22 ₱) |
964.30 ₩ (41.02 ₱) |
-71.2 % |
| Potato (1 lb) |
2,406.13 ₩ (102.35 ₱) |
1,223.02 ₩ (52.02 ₱) |
-49.2 % |
| Onion (1 lb) |
1,805.80 ₩ (76.81 ₱) |
1,547.14 ₩ (65.81 ₱) |
-14.3 % |
| Lettuce (1 head) |
3,194.28 ₩ (135.87 ₱) |
1,843.64 ₩ (78.42 ₱) |
-42.3 % |
| Water (1.5 liter bottle) |
1,425.36 ₩ (60.63 ₱) |
955.42 ₩ (40.64 ₱) |
-33.0 % |
| Bottle of Wine (Mid-Range) |
20,000.00 ₩ (850.72 ₱) |
8,992.41 ₩ (382.50 ₱) |
-55.0 % |
| Domestic Beer (0.5 liter bottle) |
2,899.75 ₩ (123.34 ₱) |
1,549.63 ₩ (65.92 ₱) |
-46.6 % |
| Imported Beer (12 oz small bottle) |
3,520.13 ₩ (149.73 ₱) |
2,430.91 ₩ (103.40 ₱) |
-30.9 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (191.41 ₱) |
3,526.44 ₩ (150.00 ₱) |
-21.6 % |
Transportation | South Korea Edit |
Philippines Edit | |
| One-way Ticket (Local Transport) |
1,450.00 ₩ (61.68 ₱) |
352.64 ₩ (15.00 ₱) |
-75.7 % |
| Monthly Pass (Regular Price) |
60,000.00 ₩ (2,552.15 ₱) |
14,105.74 ₩ (600.00 ₱) |
-76.5 % |
| Taxi Start (Normal Tariff) |
4,200.00 ₩ (178.65 ₱) |
940.38 ₩ (40.00 ₱) |
-77.6 % |
| Taxi 1 mile (Normal Tariff) |
1,609.34 ₩ (68.45 ₱) |
529.69 ₩ (22.53 ₱) |
-67.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (510.43 ₱) |
3,526.44 ₩ (150.00 ₱) |
-70.6 % |
| Gasoline (1 gallon) |
6,297.58 ₩ (267.87 ₱) |
5,998.79 ₩ (255.16 ₱) |
-4.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (1,604,920.57 ₱) |
30,562,447.00 ₩ (1,300,000.00 ₱) |
-19.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32,358,800.79 ₩ (1,376,409.46 ₱) |
27,376,856.91 ₩ (1,164,498.18 ₱) |
-15.4 % |
Utilities (Monthly) | South Korea Edit |
Philippines Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
225,394.97 ₩ (9,587.37 ₱) |
139,034.15 ₩ (5,913.94 ₱) |
-38.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
61,872.22 ₩ (2,631.79 ₱) |
48,227.16 ₩ (2,051.38 ₱) |
-22.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29,386.74 ₩ (1,249.99 ₱) |
40,913.90 ₩ (1,740.31 ₱) |
+39.2 % |
Sports And Leisure | South Korea Edit |
Philippines Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
62,763.82 ₩ (2,669.71 ₱) |
43,124.31 ₩ (1,834.33 ₱) |
-31.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
23,412.63 ₩ (995.88 ₱) |
6,904.84 ₩ (293.70 ₱) |
-70.5 % |
| Cinema, International Release, 1 Seat |
15,000.00 ₩ (638.04 ₱) |
7,052.87 ₩ (300.00 ₱) |
-53.0 % |
Childcare | South Korea Edit |
Philippines Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
473,666.67 ₩ (20,147.82 ₱) |
188,560.67 ₩ (8,020.59 ₱) |
-60.2 % |
| International Primary School, Yearly for 1 Child |
28,453,268.55 ₩ (1,210,284.28 ₱) |
7,007,534.55 ₩ (298,071.52 ₱) |
-75.4 % |
Clothing And Shoes | South Korea Edit |
Philippines Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77,722.76 ₩ (3,306.00 ₱) |
53,590.58 ₩ (2,279.52 ₱) |
-31.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
57,005.03 ₩ (2,424.76 ₱) |
31,822.56 ₩ (1,353.60 ₱) |
-44.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
109,019.61 ₩ (4,637.24 ₱) |
91,400.97 ₩ (3,887.82 ₱) |
-16.2 % |
| 1 Pair of Men Leather Business Shoes |
151,334.69 ₩ (6,437.15 ₱) |
83,601.53 ₩ (3,556.06 ₱) |
-44.8 % |
Rent Per Month | South Korea Edit |
Philippines Edit | |
| Apartment (1 bedroom) in City Centre |
694,923.08 ₩ (29,559.15 ₱) |
412,486.25 ₩ (17,545.46 ₱) |
-40.6 % |
| Apartment (1 bedroom) Outside of Centre |
494,698.05 ₩ (21,042.41 ₱) |
228,923.54 ₩ (9,737.46 ₱) |
-53.7 % |
| Apartment (3 bedrooms) in City Centre |
2,039,285.71 ₩ (86,742.77 ₱) |
904,687.69 ₩ (38,481.67 ₱) |
-55.6 % |
| Apartment (3 bedrooms) Outside of Centre |
1,250,392.34 ₩ (53,186.51 ₱) |
474,009.92 ₩ (20,162.42 ₱) |
-62.1 % |
Buy Apartment Price | South Korea Edit |
Philippines Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,454,199.28 ₩ (61,855.62 ₱) |
321,947.69 ₩ (13,694.32 ₱) |
-77.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
978,420.65 ₩ (41,617.96 ₱) |
165,806.64 ₩ (7,052.73 ₱) |
-83.1 % |
Salaries And Financing | South Korea Edit |
Philippines Edit | |
| Average Monthly Net Salary (After Tax) |
3,304,407.97 ₩ (140,555.84 ₱) |
503,692.39 ₩ (21,424.99 ₱) |
-84.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.66 | 7.30 | +56.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 353 | 642 |
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