Cost of Living in South Korea

Summary:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 8,000.00 ₩ 6,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 ₩ 30,000.00-131,615.80
McMeal at McDonalds (or Equivalent Combo Meal) 7,000.00 ₩ 6,000.00-8,700.00
Domestic Beer (1 pint draught) 4,000.00 ₩ 2,500.00-6,500.00
Imported Beer (12 oz small bottle) 6,000.00 ₩ 3,000.00-9,000.00
Cappuccino (regular) 4,686.32 ₩ 3,000.00-6,580.79
Coke/Pepsi (12 oz small bottle) 1,807.57 ₩ 1,316.16-2,762.36
Water (12 oz small bottle) 940.72 ₩ 700.00-1,500.00
Markets
Edit
Milk (regular), (1 gallon) 9,950.88 ₩ 7,570.83-14,763.11
Loaf of Fresh White Bread (1 lb) 3,026.18 ₩ 1,814.37-5,443.11
Rice (white), (1 lb) 2,049.45 ₩ 907.19-3,628.74
Eggs (regular) (12) 4,145.90 ₩ 1,980.00-7,200.00
Local Cheese (1 lb) 8,104.04 ₩ 3,628.74-18,143.72
Chicken Fillets (1 lb) 5,211.23 ₩ 2,267.96-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,198.32 ₩ 7,257.49-36,287.43
Apples (1 lb) 3,723.22 ₩ 1,769.01-5,669.91
Banana (1 lb) 2,029.14 ₩ 1,360.78-3,855.54
Oranges (1 lb) 3,378.47 ₩ 1,360.78-6,558.95
Tomato (1 lb) 3,350.87 ₩ 1,360.78-5,896.71
Potato (1 lb) 2,105.39 ₩ 907.19-3,175.15
Onion (1 lb) 1,606.46 ₩ 907.19-2,267.96
Lettuce (1 head) 2,847.62 ₩ 1,500.00-4,500.00
Water (1.5 liter bottle) 1,360.00 ₩ 700.00-2,000.00
Bottle of Wine (Mid-Range) 20,000.00 ₩ 10,000.00-30,000.00
Domestic Beer (0.5 liter bottle) 2,655.47 ₩ 1,700.00-4,000.00
Imported Beer (12 oz small bottle) 3,079.74 ₩ 2,000.00-5,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00-6,000.00
Transportation
Edit
One-way Ticket (Local Transport) 1,300.00 ₩ 1,200.00-1,500.00
Monthly Pass (Regular Price) 55,000.00 ₩ 50,000.00-80,000.00
Taxi Start (Normal Tariff) 3,500.00 ₩ 3,300.00-4,000.00
Taxi 1 mile (Normal Tariff) 1,609.34 ₩ 1,210.23-2,414.02
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩ 10,200.00-20,000.00
Gasoline (1 gallon) 6,675.18 ₩ 5,678.12-7,684.39
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 38,000,000.00 ₩ 30,000,000.00-42,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,312,888.05 ₩ 30,000,000.00-36,239,583.33
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 185,852.90 ₩ 119,000.00-288,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 214.20 ₩ 100.00-333.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27,741.78 ₩ 20,000.00-50,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 61,799.70 ₩ 30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend) 23,201.90 ₩ 10,000.00-30,000.00
Cinema, International Release, 1 Seat 12,000.00 ₩ 10,000.00-15,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 490,848.48 ₩ 400,000.00-700,000.00
International Primary School, Yearly for 1 Child 26,180,765.20 ₩ 13,200,000.00-39,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 72,876.27 ₩ 35,000.00-100,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53,240.18 ₩ 30,000.00-90,000.00
1 Pair of Nike Running Shoes (Mid-Range) 92,433.74 ₩ 60,000.00-120,000.00
1 Pair of Men Leather Business Shoes 137,521.00 ₩ 100,000.00-200,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 603,752.19 ₩ 350,000.00-1,000,000.00
Apartment (1 bedroom) Outside of Centre 444,103.69 ₩ 300,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre 1,629,372.71 ₩ 700,000.00-4,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,055,555.56 ₩ 500,000.00-3,000,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,776,183.51 ₩ 603,864.73-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre 1,035,054.47 ₩ 362,318.84-1,583,983.65
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,888,295.91 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.51 2.52-4.50

Prices in South Korea

This country had 3070 entries in the past 12 months by 407 different contributors.
Last update: December 2022
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
This page in other languages: