Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 6.86 $ 5.33-11.43
Meal for 2 People, Mid-range Restaurant, Three-course 38.09 $ 24.00-76.18
McMeal at McDonalds (or Equivalent Combo Meal) 6.09 $ 5.33-6.86
Domestic Beer (1 pint draught) 3.05 $ 1.98-4.80
Imported Beer (12 oz small bottle) 4.57 $ 3.05-6.09
Cappuccino (regular) 3.68 $ 2.29-4.95
Coke/Pepsi (12 oz small bottle) 1.46 $ 1.14-2.29
Water (12 oz small bottle) 0.74 $ 0.61-1.14
Markets
Edit
Milk (regular), (1 gallon) 8.01 $ 5.77-11.53
Loaf of Fresh White Bread (1 lb) 2.65 $ 1.73-5.53
Rice (white), (1 lb) 1.51 $ 0.83-2.76
Eggs (regular) (12) 3.36 $ 1.83-5.48
Local Cheese (1 lb) 5.60 $ 3.46-13.82
Chicken Fillets (1 lb) 3.92 $ 1.90-6.22
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 14.84 $ 5.82-27.64
Apples (1 lb) 3.08 $ 1.04-5.18
Banana (1 lb) 1.62 $ 1.04-3.46
Oranges (1 lb) 2.69 $ 1.04-4.84
Tomato (1 lb) 2.53 $ 1.04-4.84
Potato (1 lb) 1.85 $ 0.83-3.46
Onion (1 lb) 1.37 $ 0.69-2.04
Lettuce (1 head) 2.36 $ 1.14-3.81
Water (1.5 liter bottle) 1.08 $ 0.53-1.52
Bottle of Wine (Mid-Range) 15.24 $ 7.62-26.66
Domestic Beer (0.5 liter bottle) 2.23 $ 1.52-3.43
Imported Beer (12 oz small bottle) 2.64 $ 1.52-4.57
Cigarettes 20 Pack (Marlboro) 3.43 $ 3.43-4.57
Transportation
Edit
One-way Ticket (Local Transport) 1.03 $ 0.95-1.22
Monthly Pass (Regular Price) 45.71 $ 38.09-68.56
Taxi Start (Normal Tariff) 3.05 $ 2.51-3.66
Taxi 1 mile (Normal Tariff) 0.98 $ 0.91-1.84
Taxi 1hour Waiting (Normal Tariff) 9.14 $ 7.62-13.71
Gasoline (1 gallon) 5.00 $ 4.56-6.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,743.43 $ 28,743.43-29,253.07
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,488.31 $ 21,399.23-26,853.41
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 165.16 $ 109.58-228.54
Mobile Phone Monthly Plan with Calls and 10GB+ Data 50.52 $ 25.14-52.56
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21.83 $ 15.24-38.09
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 47.47 $ 22.85-76.18
Tennis Court Rent (1 Hour on Weekend) 16.16 $ 7.62-22.85
Cinema, International Release, 1 Seat 10.67 $ 8.38-12.95
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 359.65 $ 266.63-578.97
International Primary School, Yearly for 1 Child 21,480.78 $ 11,426.98-32,757.35
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 58.85 $ 26.66-95.22
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.45 $ 22.85-76.18
1 Pair of Nike Running Shoes (Mid-Range) 81.13 $ 49.52-121.89
1 Pair of Men Leather Business Shoes 115.40 $ 64.75-190.45
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 502.55 $ 304.72-1,078.84
Apartment (1 bedroom) Outside of Centre 361.83 $ 228.54-685.62
Apartment (3 bedrooms) in City Centre 1,485.14 $ 647.53-3,428.09
Apartment (3 bedrooms) Outside of Centre 903.79 $ 457.08-2,209.22
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,160.41 $ 424.64-2,477.05
Price per Square Feet to Buy Apartment Outside of Centre 796.59 $ 276.01-1,415.46
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,483.24 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.40 3.00-6.00

Prices in South Korea

This country had 3564 entries in the past 12 months by 444 different contributors.
Last update: December 2023
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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