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 3,467.7€ (5,063,644.5₩) without rent.
A single person estimated monthly costs are 959.4€ (1,401,003.6₩) without rent.
Cost of living in South Korea is, on average, 14.0% lower than in United States.
Rent in South Korea is, on average, 62.1% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	6.85 €	4.79-10.27
Meal for 2 People, Mid-range Restaurant, Three-course	34.24 €	23.97-68.48
McMeal at McDonalds (or Equivalent Combo Meal)	5.48 €	4.79-6.57
Domestic Beer (1 pint draught)	3.08 €	1.92-4.64
Imported Beer (12 oz small bottle)	4.11 €	2.74-6.16
Cappuccino (regular)	3.40 €	2.05-4.45
Coke/Pepsi (12 oz small bottle)	1.35 €	1.03-2.05
Water (12 oz small bottle)	0.71 €	0.55-1.23
Markets	Edit
Milk (regular), (1 gallon)	7.38 €	5.18-10.37
Loaf of Fresh White Bread (1 lb)	2.48 €	1.55-5.59
Rice (white), (1 lb)	1.31 €	0.78-2.49
Eggs (regular) (12)	2.92 €	1.64-4.93
Local Cheese (1 lb)	5.08 €	3.11-10.87
Chicken Fillets (1 lb)	3.58 €	1.71-5.28
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	13.05 €	5.59-23.40
Apples (1 lb)	2.83 €	0.93-4.66
Banana (1 lb)	1.43 €	0.93-3.11
Oranges (1 lb)	2.40 €	0.93-4.35
Tomato (1 lb)	2.29 €	0.93-3.98
Potato (1 lb)	1.65 €	0.75-3.11
Onion (1 lb)	1.24 €	0.62-1.83
Lettuce (1 head)	2.18 €	1.03-3.36
Water (1.5 liter bottle)	0.98 €	0.48-1.37
Bottle of Wine (Mid-Range)	13.70 €	6.85-25.80
Domestic Beer (0.5 liter bottle)	1.99 €	1.37-3.08
Imported Beer (12 oz small bottle)	2.47 €	1.54-4.79
Cigarettes 20 Pack (Marlboro)	3.08 €	3.08-3.42
Transportation	Edit
One-way Ticket (Local Transport)	0.99 €	0.86-1.10
Monthly Pass (Regular Price)	41.09 €	34.24-47.94
Taxi Start (Normal Tariff)	2.88 €	2.26-3.29
Taxi 1 mile (Normal Tariff)	1.10 €	0.83-1.54
Taxi 1hour Waiting (Normal Tariff)	8.22 €	7.70-13.70
Gasoline (1 gallon)	4.31 €	4.10-5.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	25,839.03 €	25,839.03-26,297.18
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	22,160.03 €	19,175.03-24,448.16
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	153.41 €	97.02-205.45
Mobile Phone Monthly Plan with Calls and 10GB+ Data	42.77 €	22.60-51.36
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	20.25 €	13.70-34.24
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	42.78 €	20.54-68.48
Tennis Court Rent (1 Hour on Weekend)	15.40 €	6.85-20.54
Cinema, International Release, 1 Seat	10.10 €	8.22-11.64
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	324.38 €	239.69-521.83
International Primary School, Yearly for 1 Child	19,221.71 €	10,272.34-30,474.60
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	52.99 €	27.39-85.60
1 Summer Dress in a Chain Store (Zara, H&M, ...)	39.04 €	20.54-68.48
1 Pair of Nike Running Shoes (Mid-Range)	74.66 €	44.51-109.57
1 Pair of Men Leather Business Shoes	103.64 €	54.79-136.96
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	469.42 €	273.93-1,027.23
Apartment (1 bedroom) Outside of Centre	332.61 €	205.45-616.34
Apartment (3 bedrooms) in City Centre	1,382.72 €	582.10-3,081.70
Apartment (3 bedrooms) Outside of Centre	836.94 €	410.89-1,712.06
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	997.41 €	389.36-1,908.65
Price per Square Feet to Buy Apartment Outside of Centre	667.36 €	246.85-1,183.36
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,229.60 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.69	3.44-6.50

Prices in South Korea

This country had 2814 entries in the past 12 months by 342 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References