Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 7.25 $ 5.07-10.87
Meal for 2 People, Mid-range Restaurant, Three-course 36.24 $ 25.00-72.48
McMeal at McDonalds (or Equivalent Combo Meal) 5.80 $ 5.07-7.10
Domestic Beer (1 pint draught) 3.26 $ 2.03-4.57
Imported Beer (12 oz small bottle) 4.35 $ 2.90-5.80
Cappuccino (regular) 3.61 $ 2.17-4.71
Coke/Pepsi (12 oz small bottle) 1.43 $ 1.09-2.17
Water (12 oz small bottle) 0.75 $ 0.58-1.20
Markets
Edit
Milk (regular), (1 gallon) 7.79 $ 5.49-10.97
Loaf of Fresh White Bread (1 lb) 2.67 $ 1.64-5.92
Rice (white), (1 lb) 1.40 $ 0.82-2.63
Eggs (regular) (12) 3.13 $ 1.74-5.22
Local Cheese (1 lb) 5.33 $ 3.29-11.51
Chicken Fillets (1 lb) 3.91 $ 1.81-5.92
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 14.00 $ 5.92-26.30
Apples (1 lb) 3.06 $ 0.99-4.93
Banana (1 lb) 1.51 $ 0.99-3.29
Oranges (1 lb) 2.51 $ 0.99-4.60
Tomato (1 lb) 2.39 $ 0.99-3.95
Potato (1 lb) 1.71 $ 0.79-3.29
Onion (1 lb) 1.33 $ 0.66-1.97
Lettuce (1 head) 2.31 $ 1.09-3.55
Water (1.5 liter bottle) 1.06 $ 0.43-1.45
Bottle of Wine (Mid-Range) 14.50 $ 7.25-28.99
Domestic Beer (0.5 liter bottle) 2.12 $ 1.45-3.26
Imported Beer (12 oz small bottle) 2.58 $ 1.81-5.07
Cigarettes 20 Pack (Marlboro) 3.26 $ 3.26-3.62
Transportation
Edit
One-way Ticket (Local Transport) 1.05 $ 0.91-1.16
Monthly Pass (Regular Price) 43.49 $ 36.24-65.23
Taxi Start (Normal Tariff) 3.12 $ 2.39-3.48
Taxi 1 mile (Normal Tariff) 1.17 $ 0.88-1.63
Taxi 1hour Waiting (Normal Tariff) 8.70 $ 8.42-14.50
Gasoline (1 gallon) 4.55 $ 4.25-5.21
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,348.20 $ 27,348.20-27,833.10
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,259.76 $ 20,294.97-25,876.09
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 165.22 $ 102.68-261.84
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.03 $ 21.74-52.19
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21.22 $ 14.50-36.24
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 46.68 $ 21.74-72.48
Tennis Court Rent (1 Hour on Weekend) 16.97 $ 7.25-21.74
Cinema, International Release, 1 Seat 10.87 $ 8.70-12.32
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 339.74 $ 253.69-552.31
International Primary School, Yearly for 1 Child 20,301.03 $ 10,872.30-31,167.27
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 55.95 $ 25.37-94.23
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.27 $ 21.74-72.48
1 Pair of Nike Running Shoes (Mid-Range) 79.52 $ 47.11-115.97
1 Pair of Men Leather Business Shoes 110.67 $ 57.99-159.46
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 504.85 $ 289.93-1,087.23
Apartment (1 bedroom) Outside of Centre 363.80 $ 217.45-652.34
Apartment (3 bedrooms) in City Centre 1,485.22 $ 652.34-3,261.69
Apartment (3 bedrooms) Outside of Centre 906.47 $ 434.89-1,823.23
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,111.43 $ 437.69-2,020.12
Price per Square Feet to Buy Apartment Outside of Centre 713.54 $ 262.62-1,246.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,401.76 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.74 3.30-6.50

Prices in South Korea

This country had 3046 entries in the past 12 months by 376 different contributors.
Last update: June 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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