Cost of Living in South Korea
Summary of cost of living in South Korea:
- The estimated monthly costs for a family of four are 3,824.1$ (5,327,639.5₩), excluding rent.
- The estimated monthly costs for a single person are 1,057.7$ (1,473,586.7₩), excluding rent.
- Cost of living in South Korea is, on average, 6.3% lower than in United States.
- Rent in South Korea is, on average, 54.9% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 7.18 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 43.07 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 5.74 $ | |
| Domestic Beer (1 pint draught) | 3.59 $ | |
| Imported Beer (12 oz small bottle) | 5.02 $ | |
| Cappuccino (regular) | 3.68 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.57 $ | |
| Water (12 oz small bottle) | 0.78 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 8.06 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.75 $ | |
| Rice (white), (1 lb) | 1.36 $ | |
| Eggs (regular) (12) | 2.96 $ | |
| Local Cheese (1 lb) | 6.03 $ | |
| Chicken Fillets (1 lb) | 4.13 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 13.26 $ | |
| Apples (1 lb) | 3.49 $ | |
| Banana (1 lb) | 1.53 $ | |
| Oranges (1 lb) | 2.62 $ | |
| Tomato (1 lb) | 2.66 $ | |
| Potato (1 lb) | 1.71 $ | |
| Onion (1 lb) | 1.28 $ | |
| Lettuce (1 head) | 2.42 $ | |
| Water (1.5 liter bottle) | 1.15 $ | |
| Bottle of Wine (Mid-Range) | 17.94 $ | |
| Domestic Beer (0.5 liter bottle) | 2.11 $ | |
| Imported Beer (12 oz small bottle) | 2.85 $ | |
| Cigarettes 20 Pack (Marlboro) | 3.23 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.08 $ | |
| Monthly Pass (Regular Price) | 45.94 $ | |
| Taxi Start (Normal Tariff) | 3.23 $ | |
| Taxi 1 mile (Normal Tariff) | 1.00 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 8.61 $ | |
| Gasoline (1 gallon) | 4.49 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 27,083.08 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 23,396.10 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 165.14 $ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 39.36 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 21.27 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 50.74 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 18.85 $ | |
| Cinema, International Release, 1 Seat | 10.77 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 385.11 $ | |
| International Primary School, Yearly for 1 Child | 23,032.39 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 52.70 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 42.60 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 76.61 $ | |
| 1 Pair of Men Leather Business Shoes | 94.26 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 684.79 $ | |
| Apartment (1 bedroom) Outside of Centre | 425.85 $ | |
| Apartment (3 bedrooms) in City Centre | 1,720.99 $ | |
| Apartment (3 bedrooms) Outside of Centre | 999.17 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,323.18 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 826.67 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,476.23 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.21 |
Prices in South Korea
This country had 3294 entries in the past 12 months by 383 different contributors.
Last update: 20 May 2025
Our data for each country are based on all entries from all cities in that country.
Last update: 20 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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