Cost of Living in South Korea

Select city in South Korea:

Summary:

Family of four estimated monthly costs are 3,334.2€ (4,682,146.0₩) without rent.
A single person estimated monthly costs are 921.3€ (1,293,830.5₩) without rent.
Cost of living in South Korea is, on average, 5.2% 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	5.70 €	4.27-9.97
Meal for 2 People, Mid-range Restaurant, Three-course	35.61 €	21.36-85.45
McMeal at McDonalds (or Equivalent Combo Meal)	5.34 €	4.27-6.20
Domestic Beer (1 pint draught)	2.85 €	1.78-4.27
Imported Beer (12 oz small bottle)	4.27 €	2.35-6.41
Cappuccino (regular)	3.35 €	1.85-4.63
Coke/Pepsi (12 oz small bottle)	1.34 €	1.07-2.14
Water (12 oz small bottle)	0.69 €	0.50-1.07
Markets	Edit
Milk (regular), (1 gallon)	7.32 €	5.39-10.78
Loaf of Fresh White Bread (1 lb)	2.34 €	1.29-3.88
Rice (white), (1 lb)	1.42 €	0.65-2.58
Eggs (regular) (12)	3.06 €	1.54-5.13
Local Cheese (1 lb)	5.57 €	2.58-12.92
Chicken Fillets (1 lb)	3.85 €	1.85-6.46
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	13.86 €	5.17-29.07
Apples (1 lb)	2.65 €	0.97-4.20
Banana (1 lb)	1.46 €	0.97-3.10
Oranges (1 lb)	2.57 €	0.97-4.52
Tomato (1 lb)	2.40 €	0.97-4.20
Potato (1 lb)	1.53 €	0.65-2.91
Onion (1 lb)	1.21 €	0.65-1.62
Lettuce (1 head)	2.13 €	1.07-3.49
Water (1.5 liter bottle)	0.98 €	0.43-1.42
Bottle of Wine (Mid-Range)	14.24 €	7.12-24.92
Domestic Beer (0.5 liter bottle)	1.93 €	1.28-2.85
Imported Beer (12 oz small bottle)	2.21 €	1.42-3.56
Cigarettes 20 Pack (Marlboro)	3.20 €	3.20-4.27
Transportation	Edit
One-way Ticket (Local Transport)	0.93 €	0.89-1.07
Monthly Pass (Regular Price)	39.17 €	35.61-56.97
Taxi Start (Normal Tariff)	2.53 €	2.35-3.42
Taxi 1 mile (Normal Tariff)	1.15 €	0.86-1.72
Taxi 1hour Waiting (Normal Tariff)	8.55 €	7.26-14.24
Gasoline (1 gallon)	4.72 €	4.04-5.47
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	27,059.90 €	23,428.18-31,332.52
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	22,758.00 €	20,003.25-25,422.07
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	139.51 €	86.47-213.63
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	0.16 €	0.07-0.24
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	20.05 €	14.24-35.61
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	42.56 €	21.36-71.21
Tennis Court Rent (1 Hour on Weekend)	17.71 €	7.12-21.36
Cinema, International Release, 1 Seat	8.55 €	7.12-10.68
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	341.32 €	249.24-497.21
International Primary School, Yearly for 1 Child	19,222.44 €	9,399.76-28,484.11
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	51.90 €	24.92-78.33
1 Summer Dress in a Chain Store (Zara, H&M, ...)	37.96 €	21.36-64.09
1 Pair of Nike Running Shoes (Mid-Range)	68.58 €	42.73-99.69
1 Pair of Men Leather Business Shoes	96.25 €	56.97-142.42
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	449.29 €	284.84-994.41
Apartment (1 bedroom) Outside of Centre	338.31 €	213.63-712.10
Apartment (3 bedrooms) in City Centre	1,330.37 €	569.68-3,204.46
Apartment (3 bedrooms) Outside of Centre	834.21 €	427.26-2,136.31
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,182.36 €	396.94-2,315.46
Price per Square Feet to Buy Apartment Outside of Centre	709.46 €	231.55-1,190.81
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,139.18 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.76	2.60-5.00

Prices in South Korea

This country had 2500 entries in the past 12 months by 295 different contributors.
Last update: March 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References