Cost of Living Comparison Between Singapore and South Korea 
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| Indices Difference |  |
|---|---|
| Cost of Living in South Korea is 27.6% lower than in Singapore (excluding rent) | |
| Cost of Living Including Rent in South Korea is 47.9% lower than in Singapore | |
| Rent Prices in South Korea are 77.4% lower than in Singapore | |
| Restaurant Prices in South Korea are 37.5% lower than in Singapore | |
| Groceries Prices in South Korea are 4.8% higher than in Singapore | |
| Local Purchasing Power in South Korea is 7.3% higher than in Singapore | |
Restaurants | Singapore Edit |
South Korea Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 S$ (15,184.04 ₩) |
9.22 S$ (10,000.00 ₩) |
-34.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 S$ (108,457.45 ₩) |
55.32 S$ (60,000.00 ₩) |
-44.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 S$ (10,845.74 ₩) |
7.38 S$ (8,000.00 ₩) |
-26.2 % |
| Domestic Beer (1 pint draught) |
12.00 S$ (13,014.89 ₩) |
4.61 S$ (5,000.00 ₩) |
-61.6 % |
| Imported Beer (12 oz small bottle) |
11.00 S$ (11,930.32 ₩) |
6.45 S$ (7,000.00 ₩) |
-41.3 % |
| Cappuccino (regular) |
6.25 S$ (6,783.09 ₩) |
4.64 S$ (5,032.19 ₩) |
-25.8 % |
| Coke/Pepsi (12 oz small bottle) |
2.29 S$ (2,488.88 ₩) |
1.98 S$ (2,147.72 ₩) |
-13.7 % |
| Water (12 oz small bottle) |
1.64 S$ (1,773.66 ₩) |
0.99 S$ (1,073.35 ₩) |
-39.5 % |
Markets | Singapore Edit |
South Korea Edit | |
| Milk (regular), (1 gallon) |
14.32 S$ (15,529.29 ₩) |
10.41 S$ (11,295.22 ₩) |
-27.3 % |
| Loaf of Fresh White Bread (1 lb) |
2.69 S$ (2,918.17 ₩) |
3.53 S$ (3,833.14 ₩) |
+31.4 % |
| Rice (white), (1 lb) |
1.67 S$ (1,806.05 ₩) |
1.72 S$ (1,869.42 ₩) |
+3.5 % |
| Eggs (regular) (12) |
4.33 S$ (4,701.50 ₩) |
3.93 S$ (4,259.03 ₩) |
-9.4 % |
| Local Cheese (1 lb) |
10.49 S$ (11,376.04 ₩) |
7.85 S$ (8,516.43 ₩) |
-25.1 % |
| Chicken Fillets (1 lb) |
6.36 S$ (6,898.99 ₩) |
5.27 S$ (5,718.33 ₩) |
-17.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
12.37 S$ (13,421.29 ₩) |
17.23 S$ (18,688.68 ₩) |
+39.2 % |
| Apples (1 lb) |
2.66 S$ (2,882.18 ₩) |
4.46 S$ (4,840.53 ₩) |
+67.9 % |
| Banana (1 lb) |
1.80 S$ (1,952.55 ₩) |
1.97 S$ (2,135.18 ₩) |
+9.4 % |
| Oranges (1 lb) |
2.55 S$ (2,767.74 ₩) |
3.37 S$ (3,653.69 ₩) |
+32.0 % |
| Tomato (1 lb) |
1.71 S$ (1,849.29 ₩) |
3.50 S$ (3,792.32 ₩) |
+105.1 % |
| Potato (1 lb) |
1.44 S$ (1,556.69 ₩) |
2.20 S$ (2,386.40 ₩) |
+53.3 % |
| Onion (1 lb) |
1.33 S$ (1,437.39 ₩) |
1.66 S$ (1,797.15 ₩) |
+25.0 % |
| Lettuce (1 head) |
2.38 S$ (2,577.03 ₩) |
3.11 S$ (3,373.78 ₩) |
+30.9 % |
| Water (1.5 liter bottle) |
2.03 S$ (2,205.63 ₩) |
1.49 S$ (1,616.44 ₩) |
-26.7 % |
| Bottle of Wine (Mid-Range) |
30.00 S$ (32,537.23 ₩) |
23.05 S$ (25,000.00 ₩) |
-23.2 % |
| Domestic Beer (0.5 liter bottle) |
5.49 S$ (5,959.12 ₩) |
2.74 S$ (2,972.42 ₩) |
-50.1 % |
| Imported Beer (12 oz small bottle) |
6.93 S$ (7,521.11 ₩) |
3.73 S$ (4,048.91 ₩) |
-46.2 % |
| Cigarettes 20 Pack (Marlboro) |
16.90 S$ (18,329.31 ₩) |
4.15 S$ (4,500.00 ₩) |
-75.4 % |
Transportation | Singapore Edit |
South Korea Edit | |
| One-way Ticket (Local Transport) |
2.00 S$ (2,169.15 ₩) |
1.38 S$ (1,500.00 ₩) |
-30.8 % |
| Monthly Pass (Regular Price) |
120.00 S$ (130,148.94 ₩) |
59.93 S$ (65,000.00 ₩) |
-50.1 % |
| Taxi Start (Normal Tariff) |
4.60 S$ (4,989.04 ₩) |
4.15 S$ (4,500.00 ₩) |
-9.8 % |
| Taxi 1 mile (Normal Tariff) |
1.61 S$ (1,745.45 ₩) |
1.24 S$ (1,348.40 ₩) |
-22.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.90 S$ (22,667.61 ₩) |
11.06 S$ (12,000.00 ₩) |
-47.1 % |
| Gasoline (1 gallon) |
10.86 S$ (11,773.49 ₩) |
5.78 S$ (6,267.07 ₩) |
-46.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
180,000.00 S$ (195,223,408.98 ₩) |
34,788.76 S$ (37,731,000.00 ₩) |
-80.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
159,638.80 S$ (173,140,170.78 ₩) |
29,477.89 S$ (31,970,966.66 ₩) |
-81.5 % |
Utilities (Monthly) | Singapore Edit |
South Korea Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
212.87 S$ (230,871.68 ₩) |
212.17 S$ (230,112.78 ₩) |
-0.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
23.94 S$ (25,968.40 ₩) |
50.73 S$ (55,021.84 ₩) |
+111.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.06 S$ (52,121.55 ₩) |
27.22 S$ (29,519.89 ₩) |
-43.4 % |
Sports And Leisure | Singapore Edit |
South Korea Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
144.24 S$ (156,435.60 ₩) |
65.05 S$ (70,554.84 ₩) |
-54.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
15.76 S$ (17,089.12 ₩) |
26.35 S$ (28,575.00 ₩) |
+67.2 % |
| Cinema, International Release, 1 Seat |
15.00 S$ (16,268.62 ₩) |
13.83 S$ (15,000.00 ₩) |
-7.8 % |
Childcare | Singapore Edit |
South Korea Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,528.74 S$ (1,658,027.31 ₩) |
498.71 S$ (540,889.12 ₩) |
-67.4 % |
| International Primary School, Yearly for 1 Child |
36,734.62 S$ (39,841,426.90 ₩) |
28,053.64 S$ (30,426,258.35 ₩) |
-23.6 % |
Clothing And Shoes | Singapore Edit |
South Korea Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
102.64 S$ (111,316.39 ₩) |
73.64 S$ (79,871.69 ₩) |
-28.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
57.00 S$ (61,817.36 ₩) |
62.27 S$ (67,538.70 ₩) |
+9.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
135.77 S$ (147,249.06 ₩) |
104.82 S$ (113,683.10 ₩) |
-22.8 % |
| 1 Pair of Men Leather Business Shoes |
153.70 S$ (166,699.10 ₩) |
138.72 S$ (150,454.55 ₩) |
-9.7 % |
Rent Per Month | Singapore Edit |
South Korea Edit | |
| Apartment (1 bedroom) in City Centre |
4,025.64 S$ (4,366,107.58 ₩) |
744.76 S$ (807,752.98 ₩) |
-81.5 % |
| Apartment (1 bedroom) Outside of Centre |
2,876.32 S$ (3,119,578.74 ₩) |
468.99 S$ (508,659.22 ₩) |
-83.7 % |
| Apartment (3 bedrooms) in City Centre |
7,831.43 S$ (8,493,767.68 ₩) |
1,993.41 S$ (2,161,998.06 ₩) |
-74.5 % |
| Apartment (3 bedrooms) Outside of Centre |
4,793.33 S$ (5,198,727.08 ₩) |
1,211.49 S$ (1,313,947.31 ₩) |
-74.7 % |
Buy Apartment Price | Singapore Edit |
South Korea Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
2,750.57 S$ (2,983,196.19 ₩) |
1,587.75 S$ (1,722,037.79 ₩) |
-42.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,795.16 S$ (1,946,986.88 ₩) |
1,060.86 S$ (1,150,581.21 ₩) |
-40.9 % |
Salaries And Financing | Singapore Edit |
South Korea Edit | |
| Average Monthly Net Salary (After Tax) |
5,074.41 S$ (5,503,571.18 ₩) |
2,840.01 S$ (3,080,204.82 ₩) |
-44.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.24 | 4.50 | +38.8 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 366 | 312 |
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