Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 5.81 £ 4.07-8.72
Meal for 2 People, Mid-range Restaurant, Three-course 29.06 £ 18.60-58.11
McMeal at McDonalds (or Equivalent Combo Meal) 4.65 £ 4.07-5.52
Domestic Beer (1 pint draught) 2.62 £ 1.63-3.82
Imported Beer (12 oz small bottle) 3.49 £ 2.32-5.23
Cappuccino (regular) 2.88 £ 1.74-3.78
Coke/Pepsi (12 oz small bottle) 1.14 £ 0.87-1.74
Water (12 oz small bottle) 0.60 £ 0.46-1.05
Markets
Edit
Milk (regular), (1 gallon) 6.29 £ 4.40-8.80
Loaf of Fresh White Bread (1 lb) 2.09 £ 1.32-4.74
Rice (white), (1 lb) 1.10 £ 0.66-2.11
Eggs (regular) (12) 2.50 £ 1.39-4.18
Local Cheese (1 lb) 4.31 £ 2.64-9.23
Chicken Fillets (1 lb) 3.09 £ 1.45-4.48
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 11.07 £ 4.74-19.83
Apples (1 lb) 2.44 £ 0.79-3.95
Banana (1 lb) 1.21 £ 0.79-2.64
Oranges (1 lb) 2.05 £ 0.79-3.69
Tomato (1 lb) 1.94 £ 0.79-3.37
Potato (1 lb) 1.40 £ 0.63-2.64
Onion (1 lb) 1.05 £ 0.53-1.56
Lettuce (1 head) 1.86 £ 0.87-2.85
Water (1.5 liter bottle) 0.83 £ 0.35-1.16
Bottle of Wine (Mid-Range) 11.62 £ 5.81-21.86
Domestic Beer (0.5 liter bottle) 1.69 £ 1.16-2.62
Imported Beer (12 oz small bottle) 2.05 £ 1.31-4.07
Cigarettes 20 Pack (Marlboro) 2.62 £ 2.62-2.91
Transportation
Edit
One-way Ticket (Local Transport) 0.84 £ 0.73-0.93
Monthly Pass (Regular Price) 34.87 £ 29.06-40.68
Taxi Start (Normal Tariff) 2.44 £ 1.92-2.79
Taxi 1 mile (Normal Tariff) 0.94 £ 0.70-1.31
Taxi 1hour Waiting (Normal Tariff) 6.97 £ 6.54-11.62
Gasoline (1 gallon) 3.66 £ 3.48-4.29
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,927.04 £ 21,927.04-22,315.83
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,805.04 £ 16,271.96-20,746.75
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 130.99 £ 82.33-174.34
Mobile Phone Monthly Plan with Calls and 10GB+ Data 35.96 £ 19.18-41.84
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 17.08 £ 11.62-29.06
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 36.47 £ 17.43-58.11
Tennis Court Rent (1 Hour on Weekend) 13.61 £ 5.81-23.25
Cinema, International Release, 1 Seat 8.72 £ 6.97-9.88
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 275.27 £ 203.40-442.83
International Primary School, Yearly for 1 Child 16,535.37 £ 8,717.12-25,860.79
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 45.18 £ 23.25-72.64
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.13 £ 17.43-58.11
1 Pair of Nike Running Shoes (Mid-Range) 63.36 £ 37.77-92.98
1 Pair of Men Leather Business Shoes 87.95 £ 46.49-116.23
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 403.85 £ 232.46-871.71
Apartment (1 bedroom) Outside of Centre 287.54 £ 174.34-523.03
Apartment (3 bedrooms) in City Centre 1,185.11 £ 523.03-2,615.14
Apartment (3 bedrooms) Outside of Centre 726.78 £ 348.68-1,455.75
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 846.15 £ 330.41-1,619.68
Price per Square Feet to Buy Apartment Outside of Centre 569.07 £ 210.56-981.50
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,928.58 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.66 3.30-6.50

Prices in South Korea

This country had 2915 entries in the past 12 months by 355 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
Distribution of Expenses Using Our Statistical Model:
  
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