Cost of Living in South Korea
Summary of cost of living in South Korea:
- The estimated monthly costs for a family of four are 2,870.2£ (5,342,959.9₩), excluding rent.
- The estimated monthly costs for a single person are 793.7£ (1,477,516.3₩), excluding rent.
- Cost of living in South Korea is, on average, 5.1% lower than in United States.
- Rent in South Korea is, on average, 55.1% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 5.37 £ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 32.23 £ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 4.30 £ | |
| Domestic Beer (1 pint draught) | 2.69 £ | |
| Imported Beer (12 oz small bottle) | 3.76 £ | |
| Cappuccino (regular) | 2.76 £ | |
| Coke/Pepsi (12 oz small bottle) | 1.17 £ | |
| Water (12 oz small bottle) | 0.59 £ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 6.03 £ | |
| Loaf of Fresh White Bread (1 lb) | 2.06 £ | |
| Rice (white), (1 lb) | 1.02 £ | |
| Eggs (regular) (12) | 2.22 £ | |
| Local Cheese (1 lb) | 4.51 £ | |
| Chicken Fillets (1 lb) | 3.09 £ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.92 £ | |
| Apples (1 lb) | 2.61 £ | |
| Banana (1 lb) | 1.15 £ | |
| Oranges (1 lb) | 1.96 £ | |
| Tomato (1 lb) | 1.99 £ | |
| Potato (1 lb) | 1.28 £ | |
| Onion (1 lb) | 0.96 £ | |
| Lettuce (1 head) | 1.81 £ | |
| Water (1.5 liter bottle) | 0.86 £ | |
| Bottle of Wine (Mid-Range) | 13.43 £ | |
| Domestic Beer (0.5 liter bottle) | 1.58 £ | |
| Imported Beer (12 oz small bottle) | 2.13 £ | |
| Cigarettes 20 Pack (Marlboro) | 2.42 £ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 0.81 £ | |
| Monthly Pass (Regular Price) | 34.38 £ | |
| Taxi Start (Normal Tariff) | 2.42 £ | |
| Taxi 1 mile (Normal Tariff) | 0.75 £ | |
| Taxi 1hour Waiting (Normal Tariff) | 6.45 £ | |
| Gasoline (1 gallon) | 3.36 £ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 20,268.79 £ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 17,503.19 £ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 123.57 £ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 29.45 £ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 15.92 £ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 37.96 £ | |
| Tennis Court Rent (1 Hour on Weekend) | 14.11 £ | |
| Cinema, International Release, 1 Seat | 8.06 £ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 288.00 £ | |
| International Primary School, Yearly for 1 Child | 17,229.24 £ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 42.53 £ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 35.76 £ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 59.62 £ | |
| 1 Pair of Men Leather Business Shoes | 79.38 £ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 489.36 £ | |
| Apartment (1 bedroom) Outside of Centre | 309.57 £ | |
| Apartment (3 bedrooms) in City Centre | 1,275.67 £ | |
| Apartment (3 bedrooms) Outside of Centre | 757.68 £ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,010.85 £ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 653.23 £ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,866.77 £ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.33 |
Prices in South Korea
This country had 2944 entries in the past 12 months by 354 different contributors.
Last update: 28 May 2025
Our data for each country are based on all entries from all cities in that country.
Last update: 28 May 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
Moving to South Korea? Explore:
Distribution of Expenses Using Our Statistical Model:
This Page in Other Languages:
 DeutschLebenshaltungskosten in Südkorea
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 PortuguêsCusto de Vida na Coréia do Sul
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 ItalianoCosto della Vita in Corea del Sud
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 FrançaisCoût de la Vie en Corée du Sud
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 EspañolCosto de Vida en Corea del Sur
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