Cost of Living in South Korea

Select city in South Korea:

Summary of cost of living in South Korea:

A family of four estimated monthly costs are 3,544.4€ (5,222,337.7₩) without rent.
A single person estimated monthly costs are 981.8€ (1,446,576.2₩) without rent.
Cost of living in South Korea is, on average, 9.0% lower than in United States.
Rent in South Korea is, on average, 61.3% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	6.79 €	4.75-10.18
Meal for 2 People, Mid-range Restaurant, Three-course	33.93 €	22.40-67.87
McMeal at McDonalds (or Equivalent Combo Meal)	5.43 €	4.89-6.51
Domestic Beer (1 pint draught)	3.39 €	1.93-4.75
Imported Beer (12 oz small bottle)	4.75 €	2.71-6.45
Cappuccino (regular)	3.37 €	2.04-4.49
Coke/Pepsi (12 oz small bottle)	1.41 €	1.02-2.10
Water (12 oz small bottle)	0.73 €	0.54-1.22
Markets	Edit
Milk (regular), (1 gallon)	7.55 €	5.14-10.28
Loaf of Fresh White Bread (1 lb)	2.58 €	1.72-5.54
Rice (white), (1 lb)	1.27 €	0.74-2.15
Eggs (regular) (12)	2.83 €	1.63-4.89
Local Cheese (1 lb)	5.41 €	3.08-12.31
Chicken Fillets (1 lb)	3.80 €	1.85-5.54
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	12.88 €	5.54-23.09
Apples (1 lb)	3.12 €	1.23-4.62
Banana (1 lb)	1.45 €	0.92-3.08
Oranges (1 lb)	2.44 €	0.92-4.31
Tomato (1 lb)	2.40 €	1.08-4.00
Potato (1 lb)	1.57 €	0.77-2.46
Onion (1 lb)	1.25 €	0.62-2.15
Lettuce (1 head)	2.25 €	1.02-3.39
Water (1.5 liter bottle)	1.08 €	0.54-1.36
Bottle of Wine (Mid-Range)	16.97 €	10.18-30.54
Domestic Beer (0.5 liter bottle)	2.06 €	1.36-3.39
Imported Beer (12 oz small bottle)	2.54 €	1.36-4.75
Cigarettes 20 Pack (Marlboro)	3.05 €	3.05-3.39
Transportation	Edit
One-way Ticket (Local Transport)	1.02 €	0.92-1.17
Monthly Pass (Regular Price)	42.08 €	37.33-61.08
Taxi Start (Normal Tariff)	3.05 €	2.38-3.39
Taxi 1 mile (Normal Tariff)	0.87 €	0.82-1.64
Taxi 1hour Waiting (Normal Tariff)	8.14 €	7.88-13.57
Gasoline (1 gallon)	4.25 €	3.98-4.78
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	25,607.93 €	25,607.93-25,790.50
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	21,638.79 €	20,293.05-24,229.50
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	159.23 €	101.80-263.63
Mobile Phone Monthly Plan with Calls and 10GB+ Data	39.46 €	20.36-50.90
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	20.69 €	13.57-33.93
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	45.84 €	20.36-74.66
Tennis Court Rent (1 Hour on Weekend)	19.28 €	8.14-29.86
Cinema, International Release, 1 Seat	10.18 €	8.14-12.22
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	334.25 €	210.90-569.44
International Primary School, Yearly for 1 Child	20,407.83 €	12,555.90-28,505.29
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	54.88 €	33.93-88.23
1 Summer Dress in a Chain Store (Zara, H&M, ...)	43.73 €	20.36-67.87
1 Pair of Nike Running Shoes (Mid-Range)	77.30 €	47.51-122.17
1 Pair of Men Leather Business Shoes	103.45 €	54.30-149.31
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	514.58 €	271.48-1,018.05
Apartment (1 bedroom) Outside of Centre	324.55 €	203.61-610.83
Apartment (3 bedrooms) in City Centre	1,443.43 €	678.70-3,200.00
Apartment (3 bedrooms) Outside of Centre	868.85 €	441.15-1,696.74
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,012.90 €	409.84-1,891.58
Price per Square Feet to Buy Apartment Outside of Centre	683.47 €	252.21-1,183.48
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,168.95 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.72	3.50-6.04

Prices in South Korea

This country had 3908 entries in the past 12 months by 452 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References