Cost of Living Comparison Between South Korea and Singapore 
| Indices Difference |  |
|---|---|
| Consumer Prices in Singapore are 29.0% higher than in South Korea (without rent) | |
| Consumer Prices Including Rent in Singapore are 86.0% higher than in South Korea | |
| Rent Prices in Singapore are 322.1% higher than in South Korea | |
| Restaurant Prices in Singapore are 59.9% higher than in South Korea | |
| Groceries Prices in Singapore are 6.2% lower than in South Korea | |
| Local Purchasing Power in Singapore is 1.8% higher than in South Korea | |
Restaurants | South Korea Edit |
Singapore Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10,000.00 ₩ (9.89 S$) |
15,170.50 ₩ (15.00 S$) |
+51.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50,000.00 ₩ (49.44 S$) |
91,023.00 ₩ (90.00 S$) |
+82.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (7.91 S$) |
10,113.67 ₩ (10.00 S$) |
+26.4 % |
| Domestic Beer (1 pint draught) |
4,500.00 ₩ (4.45 S$) |
10,113.67 ₩ (10.00 S$) |
+124.7 % |
| Imported Beer (12 oz small bottle) |
6,000.00 ₩ (5.93 S$) |
10,619.35 ₩ (10.50 S$) |
+77.0 % |
| Cappuccino (regular) |
5,000.55 ₩ (4.94 S$) |
6,534.98 ₩ (6.46 S$) |
+30.7 % |
| Coke/Pepsi (12 oz small bottle) |
1,999.92 ₩ (1.98 S$) |
2,037.23 ₩ (2.01 S$) |
+1.9 % |
| Water (12 oz small bottle) |
1,034.42 ₩ (1.02 S$) |
1,552.06 ₩ (1.53 S$) |
+50.0 % |
Markets | South Korea Edit |
Singapore Edit | |
| Milk (regular), (1 gallon) |
10,696.14 ₩ (10.58 S$) |
15,008.48 ₩ (14.84 S$) |
+40.3 % |
| Loaf of Fresh White Bread (1 lb) |
3,587.46 ₩ (3.55 S$) |
2,576.73 ₩ (2.55 S$) |
-28.2 % |
| Rice (white), (1 lb) |
1,925.11 ₩ (1.90 S$) |
1,656.32 ₩ (1.64 S$) |
-14.0 % |
| Eggs (regular) (12) |
4,292.52 ₩ (4.24 S$) |
4,551.89 ₩ (4.50 S$) |
+6.0 % |
| Local Cheese (1 lb) |
7,215.75 ₩ (7.13 S$) |
11,435.49 ₩ (11.31 S$) |
+58.5 % |
| Chicken Fillets (1 lb) |
5,235.32 ₩ (5.18 S$) |
6,271.04 ₩ (6.20 S$) |
+19.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
19,475.55 ₩ (19.26 S$) |
12,953.60 ₩ (12.81 S$) |
-33.5 % |
| Apples (1 lb) |
4,098.52 ₩ (4.05 S$) |
2,601.76 ₩ (2.57 S$) |
-36.5 % |
| Banana (1 lb) |
2,083.94 ₩ (2.06 S$) |
1,968.41 ₩ (1.95 S$) |
-5.5 % |
| Oranges (1 lb) |
3,547.60 ₩ (3.51 S$) |
2,387.08 ₩ (2.36 S$) |
-32.7 % |
| Tomato (1 lb) |
3,354.05 ₩ (3.32 S$) |
1,778.39 ₩ (1.76 S$) |
-47.0 % |
| Potato (1 lb) |
2,392.54 ₩ (2.37 S$) |
1,418.87 ₩ (1.40 S$) |
-40.7 % |
| Onion (1 lb) |
1,791.63 ₩ (1.77 S$) |
1,397.91 ₩ (1.38 S$) |
-22.0 % |
| Lettuce (1 head) |
3,148.92 ₩ (3.11 S$) |
2,212.20 ₩ (2.19 S$) |
-29.7 % |
| Water (1.5 liter bottle) |
1,454.28 ₩ (1.44 S$) |
1,766.75 ₩ (1.75 S$) |
+21.5 % |
| Bottle of Wine (Mid-Range) |
20,000.00 ₩ (19.78 S$) |
30,341.00 ₩ (30.00 S$) |
+51.7 % |
| Domestic Beer (0.5 liter bottle) |
2,945.74 ₩ (2.91 S$) |
5,516.72 ₩ (5.45 S$) |
+87.3 % |
| Imported Beer (12 oz small bottle) |
3,615.28 ₩ (3.57 S$) |
6,239.24 ₩ (6.17 S$) |
+72.6 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (4.45 S$) |
16,232.43 ₩ (16.05 S$) |
+260.7 % |
Transportation | South Korea Edit |
Singapore Edit | |
| One-way Ticket (Local Transport) |
1,450.00 ₩ (1.43 S$) |
2,022.73 ₩ (2.00 S$) |
+39.5 % |
| Monthly Pass (Regular Price) |
60,000.00 ₩ (59.33 S$) |
129,454.93 ₩ (128.00 S$) |
+115.8 % |
| Taxi Start (Normal Tariff) |
4,300.00 ₩ (4.25 S$) |
4,399.44 ₩ (4.35 S$) |
+2.3 % |
| Taxi 1 mile (Normal Tariff) |
1,609.34 ₩ (1.59 S$) |
1,627.64 ₩ (1.61 S$) |
+1.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (11.87 S$) |
20,227.33 ₩ (20.00 S$) |
+68.6 % |
| Gasoline (1 gallon) |
6,299.62 ₩ (6.23 S$) |
10,874.84 ₩ (10.75 S$) |
+72.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (37,306.95 S$) |
182,045,992.60 ₩ (180,000.00 S$) |
+382.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32,621,958.68 ₩ (32,255.32 S$) |
160,173,287.96 ₩ (158,373.12 S$) |
+391.0 % |
Utilities (Monthly) | South Korea Edit |
Singapore Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
223,778.81 ₩ (221.26 S$) |
213,828.04 ₩ (211.42 S$) |
-4.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
63,122.09 ₩ (62.41 S$) |
24,286.16 ₩ (24.01 S$) |
-61.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29,570.33 ₩ (29.24 S$) |
47,444.26 ₩ (46.91 S$) |
+60.4 % |
Sports And Leisure | South Korea Edit |
Singapore Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
62,466.65 ₩ (61.76 S$) |
139,085.47 ₩ (137.52 S$) |
+122.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
22,712.00 ₩ (22.46 S$) |
17,510.13 ₩ (17.31 S$) |
-22.9 % |
| Cinema, International Release, 1 Seat |
14,750.00 ₩ (14.58 S$) |
15,170.50 ₩ (15.00 S$) |
+2.9 % |
Childcare | South Korea Edit |
Singapore Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
470,720.00 ₩ (465.43 S$) |
1,515,737.57 ₩ (1,498.70 S$) |
+222.0 % |
| International Primary School, Yearly for 1 Child |
28,068,166.70 ₩ (27,752.71 S$) |
37,024,226.13 ₩ (36,608.12 S$) |
+31.9 % |
Clothing And Shoes | South Korea Edit |
Singapore Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77,799.60 ₩ (76.93 S$) |
90,517.31 ₩ (89.50 S$) |
+16.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
57,119.03 ₩ (56.48 S$) |
59,625.29 ₩ (58.96 S$) |
+4.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
109,500.00 ₩ (108.27 S$) |
127,735.60 ₩ (126.30 S$) |
+16.7 % |
| 1 Pair of Men Leather Business Shoes |
151,575.39 ₩ (149.87 S$) |
145,925.76 ₩ (144.29 S$) |
-3.7 % |
Rent Per Month | South Korea Edit |
Singapore Edit | |
| Apartment (1 bedroom) in City Centre |
681,250.00 ₩ (673.59 S$) |
3,750,417.15 ₩ (3,708.27 S$) |
+450.5 % |
| Apartment (1 bedroom) Outside of Centre |
503,357.00 ₩ (497.70 S$) |
2,664,721.20 ₩ (2,634.77 S$) |
+429.4 % |
| Apartment (3 bedrooms) in City Centre |
2,020,909.09 ₩ (1,998.20 S$) |
7,220,864.41 ₩ (7,139.71 S$) |
+257.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,216,250.00 ₩ (1,202.58 S$) |
5,028,312.99 ₩ (4,971.80 S$) |
+313.4 % |
Buy Apartment Price | South Korea Edit |
Singapore Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,460,591.13 ₩ (1,444.18 S$) |
2,529,822.62 ₩ (2,501.39 S$) |
+73.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
976,796.51 ₩ (965.82 S$) |
1,673,490.85 ₩ (1,654.68 S$) |
+71.3 % |
Salaries And Financing | South Korea Edit |
Singapore Edit | |
| Average Monthly Net Salary (After Tax) |
3,270,635.70 ₩ (3,233.88 S$) |
6,194,554.18 ₩ (6,124.93 S$) |
+89.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.65 | 3.50 | -24.8 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 339 | 462 |
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