Cost of Living in South Korea
Summary of cost of living in South Korea:
- A family of four estimated monthly costs are 3,842.1$ (5,043,489.5₩) without rent.
- A single person estimated monthly costs are 1,060.6$ (1,392,256.1₩) without rent.
- Cost of living in South Korea is, on average, 10.2% lower than in United States.
- Rent in South Korea is, on average, 63.5% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 6.86 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 38.09 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 6.09 $ | |
| Domestic Beer (1 pint draught) | 3.05 $ | |
| Imported Beer (12 oz small bottle) | 4.57 $ | |
| Cappuccino (regular) | 3.68 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.46 $ | |
| Water (12 oz small bottle) | 0.74 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 8.01 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.65 $ | |
| Rice (white), (1 lb) | 1.51 $ | |
| Eggs (regular) (12) | 3.36 $ | |
| Local Cheese (1 lb) | 5.60 $ | |
| Chicken Fillets (1 lb) | 3.92 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 14.84 $ | |
| Apples (1 lb) | 3.08 $ | |
| Banana (1 lb) | 1.62 $ | |
| Oranges (1 lb) | 2.69 $ | |
| Tomato (1 lb) | 2.53 $ | |
| Potato (1 lb) | 1.85 $ | |
| Onion (1 lb) | 1.37 $ | |
| Lettuce (1 head) | 2.36 $ | |
| Water (1.5 liter bottle) | 1.08 $ | |
| Bottle of Wine (Mid-Range) | 15.24 $ | |
| Domestic Beer (0.5 liter bottle) | 2.23 $ | |
| Imported Beer (12 oz small bottle) | 2.64 $ | |
| Cigarettes 20 Pack (Marlboro) | 3.43 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1.03 $ | |
| Monthly Pass (Regular Price) | 45.71 $ | |
| Taxi Start (Normal Tariff) | 3.05 $ | |
| Taxi 1 mile (Normal Tariff) | 0.98 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 9.14 $ | |
| Gasoline (1 gallon) | 5.00 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 28,743.43 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 24,488.31 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 165.16 $ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 50.52 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 21.83 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 47.47 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 16.16 $ | |
| Cinema, International Release, 1 Seat | 10.67 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 359.65 $ | |
| International Primary School, Yearly for 1 Child | 21,480.78 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 58.85 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 43.45 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 81.13 $ | |
| 1 Pair of Men Leather Business Shoes | 115.40 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 502.55 $ | |
| Apartment (1 bedroom) Outside of Centre | 361.83 $ | |
| Apartment (3 bedrooms) in City Centre | 1,485.14 $ | |
| Apartment (3 bedrooms) Outside of Centre | 903.79 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,160.41 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 796.59 $ | |
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 |
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.
Last update: December 2023
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
|
 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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