Property Prices Comparison Between South Korea and South Korea

For major cities in those countries you get more relevant data by specifying cities.

City in South Korea:
City in South Korea:

Index	South Korea	South Korea
Price to Income Ratio:	23.95	23.95
Mortgage as Percentage of Income:	179.32%	179.32%
Loan Affordability Index:	0.56	0.56
Price to Rent Ratio - City Centre:	84.62	84.62
Price to Rent Ratio - Outside of Centre:	88.95	88.95
Gross Rental Yield (City Centre):	1.18%	1.18%
Gross Rental Yield (Outside of Centre):	1.12%	1.12%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	South Korea Edit	South Korea Edit	Difference
Apartment (1 bedroom) in City Centre	905,926.57 ₩	905,926.57 ₩	0.0 %
Apartment (1 bedroom) Outside of Centre	574,469.16 ₩	574,469.16 ₩	0.0 %
Apartment (3 bedrooms) in City Centre	2,384,705.39 ₩	2,384,705.39 ₩	0.0 %
Apartment (3 bedrooms) Outside of Centre	1,415,467.52 ₩	1,415,467.52 ₩	0.0 %
Buy Apartment Price	South Korea Edit	South Korea Edit
Price per Square Feet to Buy Apartment in City Centre	1,877,135.69 ₩	1,877,135.69 ₩	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	1,207,647.94 ₩	1,207,647.94 ₩	0.0 %
Salaries And Financing	South Korea Edit	South Korea Edit
Average Monthly Net Salary (After Tax)	3,466,341.29 ₩	3,466,341.29 ₩	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.34	4.34	0.0 %
Last update:	24 May 2025	24 May 2025
Contributors in the past 12 months:	178	178

Country data (source The World Bank, 2024)	South Korea	South Korea
GDP Per Capita (PPP) ($) :	50,600.00	50,600.00
GDP Growth Rate:	1.36	1.36
Population Growth Rate:	0.21	0.21

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