Cost of Living in South Korea

Select city in South Korea:

Summary of cost of living in South Korea:

A family of four estimated monthly costs are 3,569.6$ (4,722,619.5₩) without rent.
A single person estimated monthly costs are 989.9$ (1,309,633.1₩) without rent.
Cost of living in South Korea is, on average, 8.5% lower than in United States.
Rent in South Korea is, on average, 60.9% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	9,000.00 ₩	6,000.00-13,230.12
Meal for 2 People, Mid-range Restaurant, Three-course	50,000.00 ₩	30,000.00-120,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	7,869.04 ₩	6,500.00-9,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,500.00-6,000.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-8,000.00
Cappuccino (regular)	4,716.38 ₩	3,000.00-6,615.06
Coke/Pepsi (12 oz small bottle)	1,909.26 ₩	1,500.00-3,000.00
Water (12 oz small bottle)	984.03 ₩	700.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	10,342.75 ₩	7,570.83-15,898.73
Loaf of Fresh White Bread (1 lb)	3,387.86 ₩	2,267.96-6,168.86
Rice (white), (1 lb)	2,009.24 ₩	952.55-3,628.74
Eggs (regular) (12)	4,344.56 ₩	2,200.00-7,200.00
Local Cheese (1 lb)	7,526.08 ₩	3,628.74-18,143.72
Chicken Fillets (1 lb)	5,307.57 ₩	2,646.03-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	18,942.67 ₩	7,348.21-36,287.43
Apples (1 lb)	3,776.87 ₩	1,360.78-6,803.89
Banana (1 lb)	2,082.40 ₩	1,360.78-4,526.86
Oranges (1 lb)	3,587.03 ₩	1,360.78-6,350.30
Tomato (1 lb)	3,369.00 ₩	1,587.58-5,805.99
Potato (1 lb)	2,287.45 ₩	907.19-4,535.93
Onion (1 lb)	1,757.36 ₩	907.19-2,267.96
Lettuce (1 head)	3,010.17 ₩	1,500.00-4,900.00
Water (1.5 liter bottle)	1,377.59 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	20,000.00 ₩	10,000.00-36,000.00
Domestic Beer (0.5 liter bottle)	2,839.80 ₩	1,800.00-4,500.00
Imported Beer (12 oz small bottle)	3,298.39 ₩	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 ₩	1,250.00-1,500.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-80,000.00
Taxi Start (Normal Tariff)	3,800.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,609.34 ₩	1,207.01-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,000.00-18,500.00
Gasoline (1 gallon)	6,628.64 ₩	5,980.95-7,684.39
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	40,000,000.00 ₩	35,000,000.00-44,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	32,731,979.74 ₩	28,090,400.00-36,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	210,425.72 ₩	136,000.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	207.29 ₩	100.00-300.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	27,888.05 ₩	20,000.00-49,500.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	63,717.76 ₩	30,000.00-125,000.00
Tennis Court Rent (1 Hour on Weekend)	24,851.82 ₩	10,000.00-30,000.00
Cinema, International Release, 1 Seat	13,000.00 ₩	10,000.00-16,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	493,764.71 ₩	400,000.00-700,000.00
International Primary School, Yearly for 1 Child	27,040,043.18 ₩	13,200,000.00-40,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	72,050.48 ₩	35,000.00-110,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	52,414.51 ₩	30,000.00-90,000.00
1 Pair of Nike Running Shoes (Mid-Range)	98,513.47 ₩	60,000.00-150,000.00
1 Pair of Men Leather Business Shoes	142,939.84 ₩	80,000.00-200,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	665,062.03 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	474,072.14 ₩	300,000.00-972,892.57
Apartment (3 bedrooms) in City Centre	1,972,804.11 ₩	800,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,219,716.27 ₩	600,000.00-2,900,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,452,157.86 ₩	492,160.82-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre	918,885.63 ₩	281,522.02-1,672,240.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,099,473.34 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.90	3.00-5.50

Prices in South Korea

This country had 2958 entries in the past 12 months by 340 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References