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 3,922.8$ (5,211,689.2₩) without rent.
A single person estimated monthly costs are 1,083.8$ (1,439,892.8₩) without rent.
Cost of living in South Korea is, on average, 4.7% lower than in United States.
Rent in South Korea is, on average, 59.2% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	10,000.00 ₩	7,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	50,000.00 ₩	35,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	7,000.00-9,600.00
Domestic Beer (1 pint draught)	4,500.00 ₩	2,993.30-6,642.80
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-9,000.00
Cappuccino (regular)	4,988.94 ₩	3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle)	2,040.63 ₩	1,500.00-3,100.00
Water (12 oz small bottle)	1,055.84 ₩	800.00-1,700.00
Markets	Edit
Milk (regular), (1 gallon)	11,037.82 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,792.21 ₩	2,540.12-8,164.67
Rice (white), (1 lb)	1,904.14 ₩	1,133.98-3,175.15
Eggs (regular) (12)	4,284.68 ₩	2,400.00-7,971.36
Local Cheese (1 lb)	7,654.74 ₩	4,535.93-15,875.75
Chicken Fillets (1 lb)	5,532.81 ₩	2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	19,169.81 ₩	8,164.67-34,019.47
Apples (1 lb)	4,574.50 ₩	1,814.37-6,803.89
Banana (1 lb)	2,152.11 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,677.72 ₩	1,360.78-6,667.82
Tomato (1 lb)	3,390.73 ₩	1,360.78-5,443.11
Potato (1 lb)	2,407.65 ₩	1,220.16-4,535.93
Onion (1 lb)	1,887.61 ₩	907.19-3,013.13
Lettuce (1 head)	3,284.69 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,568.87 ₩	800.00-2,000.00
Bottle of Wine (Mid-Range)	25,000.00 ₩	12,000.00-45,000.00
Domestic Beer (0.5 liter bottle)	3,042.45 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	3,723.58 ₩	2,000.00-7,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,450.00 ₩	1,300.00-1,700.00
Monthly Pass (Regular Price)	62,000.00 ₩	50,000.00-90,000.00
Taxi Start (Normal Tariff)	4,500.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,287.48 ₩	1,208.62-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,612.00-20,000.00
Gasoline (1 gallon)	6,270.79 ₩	5,980.95-7,192.28
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	37,731,000.00 ₩	37,731,000.00-38,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	31,388,278.53 ₩	28,000,000.00-35,700,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	224,921.01 ₩	140,000.00-369,044.36
Mobile Phone Monthly Plan with Calls and 10GB+ Data	58,626.61 ₩	30,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	29,139.04 ₩	18,000.00-45,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	65,836.18 ₩	30,000.00-120,000.00
Tennis Court Rent (1 Hour on Weekend)	28,411.76 ₩	12,000.00-44,000.00
Cinema, International Release, 1 Seat	15,000.00 ₩	12,000.00-18,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	485,826.09 ₩	300,000.00-797,135.82
International Primary School, Yearly for 1 Child	28,650,447.65 ₩	15,000,000.00-40,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	80,573.19 ₩	50,000.00-150,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	63,746.31 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	111,361.70 ₩	70,000.00-180,000.00
1 Pair of Men Leather Business Shoes	151,596.59 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	747,218.59 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	481,337.48 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,135,795.09 ₩	1,000,000.00-4,800,000.00
Apartment (3 bedrooms) Outside of Centre	1,270,670.36 ₩	650,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,471,590.90 ₩	568,561.87-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre	1,038,945.25 ₩	371,609.07-1,764,587.70
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,428,734.38 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.74	3.30-6.04

Prices in South Korea

This country had 3471 entries in the past 12 months by 414 different contributors.
Last update: September 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References