Cost of Living in South Korea

Summary:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 6.50 $ 4.88-12.20
Meal for 2 People, Mid-range Restaurant, Three-course 40.65 $ 24.39-101.63
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 $ 4.88-7.07
Domestic Beer (1 pint draught) 3.25 $ 2.03-4.88
Imported Beer (12 oz small bottle) 4.88 $ 2.44-7.32
Cappuccino (regular) 3.82 $ 2.44-5.28
Coke/Pepsi (12 oz small bottle) 1.49 $ 1.00-2.44
Water (12 oz small bottle) 0.78 $ 0.57-1.22
Markets
Edit
Milk (regular), (1 gallon) 8.16 $ 6.16-12.31
Loaf of Fresh White Bread (1 lb) 2.56 $ 1.48-4.43
Rice (white), (1 lb) 1.67 $ 0.77-3.26
Eggs (regular) (12) 3.45 $ 1.61-5.85
Local Cheese (1 lb) 6.35 $ 2.95-14.75
Chicken Fillets (1 lb) 4.34 $ 2.18-7.38
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 15.51 $ 6.27-29.50
Apples (1 lb) 3.03 $ 1.44-4.79
Banana (1 lb) 1.65 $ 1.11-3.54
Oranges (1 lb) 2.84 $ 1.11-5.16
Tomato (1 lb) 2.76 $ 1.11-4.79
Potato (1 lb) 1.70 $ 0.74-2.58
Onion (1 lb) 1.36 $ 0.74-1.84
Lettuce (1 head) 2.33 $ 1.22-3.66
Water (1.5 liter bottle) 1.10 $ 0.57-1.63
Bottle of Wine (Mid-Range) 16.26 $ 8.13-28.46
Domestic Beer (0.5 liter bottle) 2.21 $ 1.46-3.25
Imported Beer (12 oz small bottle) 2.52 $ 1.63-4.07
Cigarettes 20 Pack (Marlboro) 3.66 $ 3.66-4.88
Transportation
Edit
One-way Ticket (Local Transport) 1.06 $ 1.02-1.22
Monthly Pass (Regular Price) 44.72 $ 40.65-65.04
Taxi Start (Normal Tariff) 2.85 $ 2.68-3.25
Taxi 1 mile (Normal Tariff) 1.31 $ 0.98-1.96
Taxi 1hour Waiting (Normal Tariff) 9.76 $ 8.29-16.26
Gasoline (1 gallon) 5.34 $ 4.62-6.22
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,895.53 $ 24,391.21-34,147.70
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,271.68 $ 24,391.21-29,464.24
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 155.40 $ 96.75-243.91
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.17 $ 0.08-0.27
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 22.69 $ 16.26-40.65
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 51.11 $ 24.39-81.30
Tennis Court Rent (1 Hour on Weekend) 18.86 $ 8.13-24.39
Cinema, International Release, 1 Seat 9.76 $ 8.13-12.20
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 390.69 $ 284.56-543.48
International Primary School, Yearly for 1 Child 21,419.95 $ 10,732.13-32,521.62
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 59.77 $ 28.46-89.43
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.44 $ 24.39-73.17
1 Pair of Nike Running Shoes (Mid-Range) 76.05 $ 48.78-104.88
1 Pair of Men Leather Business Shoes 112.83 $ 81.30-162.61
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 504.54 $ 300.82-975.65
Apartment (1 bedroom) Outside of Centre 371.80 $ 243.91-813.04
Apartment (3 bedrooms) in City Centre 1,433.81 $ 569.13-3,658.68
Apartment (3 bedrooms) Outside of Centre 900.79 $ 406.52-2,439.12
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,433.99 $ 490.97-2,643.67
Price per Square Feet to Buy Apartment Outside of Centre 833.57 $ 294.58-1,302.66
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,368.38 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.62 2.52-5.00

Prices in South Korea

This country had 2304 entries in the past 12 months by 256 different contributors.
Last update: February 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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