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 ₩ 30,000.00-125,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 7,388.23 ₩ 6,000.00-8,700.00
Domestic Beer (1 pint draught) 4,000.00 ₩ 2,500.00-6,000.00
Imported Beer (12 oz small bottle) 6,000.00 ₩ 3,000.00-9,000.00
Cappuccino (regular) 4,700.00 ₩ 3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle) 1,830.88 ₩ 1,231.37-3,000.00
Water (12 oz small bottle) 955.64 ₩ 700.00-1,500.00
Markets
Edit
Milk (regular), (1 gallon) 10,032.25 ₩ 7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb) 3,153.96 ₩ 1,814.37-5,443.11
Rice (white), (1 lb) 2,048.09 ₩ 952.55-4,016.09
Eggs (regular) (12) 4,240.31 ₩ 1,980.00-7,200.00
Local Cheese (1 lb) 7,814.81 ₩ 3,628.74-18,143.72
Chicken Fillets (1 lb) 5,338.44 ₩ 2,676.20-9,071.86
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 19,082.98 ₩ 7,711.08-36,287.43
Apples (1 lb) 3,730.56 ₩ 1,769.01-5,896.71
Banana (1 lb) 2,030.40 ₩ 1,360.78-4,354.49
Oranges (1 lb) 3,497.78 ₩ 1,360.78-6,350.30
Tomato (1 lb) 3,397.54 ₩ 1,360.78-5,896.71
Potato (1 lb) 2,094.41 ₩ 907.19-3,175.15
Onion (1 lb) 1,672.22 ₩ 907.19-2,267.96
Lettuce (1 head) 2,871.29 ₩ 1,500.00-4,500.00
Water (1.5 liter bottle) 1,356.90 ₩ 700.00-2,000.00
Bottle of Wine (Mid-Range) 20,000.00 ₩ 10,000.00-35,000.00
Domestic Beer (0.5 liter bottle) 2,715.50 ₩ 1,800.00-4,000.00
Imported Beer (12 oz small bottle) 3,098.42 ₩ 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) 3,500.00 ₩ 3,300.00-4,000.00
Taxi 1 mile (Normal Tariff) 1,609.34 ₩ 1,208.62-2,414.02
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩ 10,200.00-20,000.00
Gasoline (1 gallon) 6,567.81 ₩ 5,678.12-7,646.53
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)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 191,142.64 ₩ 119,000.00-300,000.00
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) 27,906.90 ₩ 20,000.00-50,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 62,858.33 ₩ 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 480,529.41 ₩ 350,000.00-669,347.54
International Primary School, Yearly for 1 Child 26,347,209.03 ₩ 13,200,000.00-40,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 73,510.82 ₩ 35,000.00-110,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 52,199.06 ₩ 30,000.00-90,000.00
1 Pair of Nike Running Shoes (Mid-Range) 93,542.88 ₩ 60,000.00-129,000.00
1 Pair of Men Leather Business Shoes 138,769.83 ₩ 100,000.00-200,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 620,165.35 ₩ 370,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 451,100.41 ₩ 300,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre 1,763,566.90 ₩ 700,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre 1,107,995.35 ₩ 500,000.00-3,000,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,764,006.16 ₩ 603,864.73-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre 1,025,364.93 ₩ 362,318.84-1,604,344.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,913,209.82 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.62 2.52-5.00

Prices in South Korea

This country had 2302 entries in the past 12 months by 255 different contributors.
Last update: January 2023
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:
  
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