Cost of Living in South Korea
Summary of cost of living in South Korea:
- A family of four estimated monthly costs are 3,708.4$ (5,078,621.3₩) without rent.
- A single person estimated monthly costs are 1,026.2$ (1,405,366.0₩) without rent.
- Cost of living in South Korea is, on average, 14.5% lower than in United States.
- Rent in South Korea is, on average, 61.8% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 7.30 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 36.51 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 5.84 $ | |
| Domestic Beer (1 pint draught) | 3.29 $ | |
| Imported Beer (12 oz small bottle) | 4.38 $ | |
| Cappuccino (regular) | 3.62 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.43 $ | |
| Water (12 oz small bottle) | 0.76 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 7.90 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.63 $ | |
| Rice (white), (1 lb) | 1.39 $ | |
| Eggs (regular) (12) | 3.14 $ | |
| Local Cheese (1 lb) | 5.42 $ | |
| Chicken Fillets (1 lb) | 3.88 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 13.91 $ | |
| Apples (1 lb) | 3.06 $ | |
| Banana (1 lb) | 1.52 $ | |
| Oranges (1 lb) | 2.58 $ | |
| Tomato (1 lb) | 2.44 $ | |
| Potato (1 lb) | 1.76 $ | |
| Onion (1 lb) | 1.32 $ | |
| Lettuce (1 head) | 2.33 $ | |
| Water (1.5 liter bottle) | 1.04 $ | |
| Bottle of Wine (Mid-Range) | 14.60 $ | |
| Domestic Beer (0.5 liter bottle) | 2.12 $ | |
| Imported Beer (12 oz small bottle) | 2.57 $ | |
| Cigarettes 20 Pack (Marlboro) | 3.29 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.06 $ | |
| Monthly Pass (Regular Price) | 43.81 $ | |
| Taxi Start (Normal Tariff) | 3.07 $ | |
| Taxi 1 mile (Normal Tariff) | 1.18 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 8.76 $ | |
| Gasoline (1 gallon) | 4.60 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 27,551.15 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 23,628.38 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 164.58 $ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 45.18 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 21.46 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 45.83 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 17.10 $ | |
| Cinema, International Release, 1 Seat | 10.95 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 345.87 $ | |
| International Primary School, Yearly for 1 Child | 20,776.56 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 56.78 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 41.63 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 79.61 $ | |
| 1 Pair of Men Leather Business Shoes | 110.50 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 509.42 $ | |
| Apartment (1 bedroom) Outside of Centre | 358.77 $ | |
| Apartment (3 bedrooms) in City Centre | 1,496.24 $ | |
| Apartment (3 bedrooms) Outside of Centre | 913.97 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,064.97 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 715.84 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,414.30 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.66 |
Prices in South Korea
This country had 2905 entries in the past 12 months by 350 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.
Last update: May 2024
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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