Cost of Living Comparison Between South Korea and Singapore 
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| Indices Difference |  |
|---|---|
| Cost of Living in Singapore is 37.6% higher than in South Korea (excluding rent) | |
| Cost of Living Including Rent in Singapore is 91.4% higher than in South Korea | |
| Rent Prices in Singapore are 343.2% higher than in South Korea | |
| Restaurant Prices in Singapore are 60.7% higher than in South Korea | |
| Groceries Prices in Singapore are 4.9% lower than in South Korea | |
| Local Purchasing Power in Singapore is 7.0% lower than in South Korea | |
Restaurants | South Korea Edit |
Singapore Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10,000.00 ₩ (9.24 S$) |
15,149.65 ₩ (14.00 S$) |
+51.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60,000.00 ₩ (55.45 S$) |
108,211.76 ₩ (100.00 S$) |
+80.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (7.39 S$) |
10,821.18 ₩ (10.00 S$) |
+35.3 % |
| Domestic Beer (1 pint draught) |
5,000.00 ₩ (4.62 S$) |
12,985.41 ₩ (12.00 S$) |
+159.7 % |
| Imported Beer (12 oz small bottle) |
7,000.00 ₩ (6.47 S$) |
12,985.41 ₩ (12.00 S$) |
+85.5 % |
| Cappuccino (regular) |
5,040.47 ₩ (4.66 S$) |
6,828.55 ₩ (6.31 S$) |
+35.5 % |
| Coke/Pepsi (12 oz small bottle) |
2,146.94 ₩ (1.98 S$) |
2,423.38 ₩ (2.24 S$) |
+12.9 % |
| Water (12 oz small bottle) |
1,072.98 ₩ (0.99 S$) |
1,764.63 ₩ (1.63 S$) |
+64.5 % |
Markets | South Korea Edit |
Singapore Edit | |
| Milk (regular), (1 gallon) |
11,286.40 ₩ (10.43 S$) |
15,471.95 ₩ (14.30 S$) |
+37.1 % |
| Loaf of Fresh White Bread (1 lb) |
3,831.72 ₩ (3.54 S$) |
2,912.32 ₩ (2.69 S$) |
-24.0 % |
| Rice (white), (1 lb) |
1,867.31 ₩ (1.73 S$) |
1,840.51 ₩ (1.70 S$) |
-1.4 % |
| Eggs (regular) (12) |
4,253.60 ₩ (3.93 S$) |
4,655.51 ₩ (4.30 S$) |
+9.4 % |
| Local Cheese (1 lb) |
8,506.95 ₩ (7.86 S$) |
11,628.02 ₩ (10.75 S$) |
+36.7 % |
| Chicken Fillets (1 lb) |
5,718.33 ₩ (5.28 S$) |
6,873.71 ₩ (6.35 S$) |
+20.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
18,678.76 ₩ (17.26 S$) |
13,390.88 ₩ (12.37 S$) |
-28.3 % |
| Apples (1 lb) |
4,840.53 ₩ (4.47 S$) |
2,763.43 ₩ (2.55 S$) |
-42.9 % |
| Banana (1 lb) |
2,135.18 ₩ (1.97 S$) |
1,908.74 ₩ (1.76 S$) |
-10.6 % |
| Oranges (1 lb) |
3,651.48 ₩ (3.37 S$) |
2,768.86 ₩ (2.56 S$) |
-24.2 % |
| Tomato (1 lb) |
3,790.25 ₩ (3.50 S$) |
1,785.65 ₩ (1.65 S$) |
-52.9 % |
| Potato (1 lb) |
2,382.58 ₩ (2.20 S$) |
1,582.96 ₩ (1.46 S$) |
-33.6 % |
| Onion (1 lb) |
1,797.15 ₩ (1.66 S$) |
1,443.92 ₩ (1.33 S$) |
-19.7 % |
| Lettuce (1 head) |
3,373.78 ₩ (3.12 S$) |
2,598.16 ₩ (2.40 S$) |
-23.0 % |
| Water (1.5 liter bottle) |
1,615.16 ₩ (1.49 S$) |
2,126.52 ₩ (1.97 S$) |
+31.7 % |
| Bottle of Wine (Mid-Range) |
25,000.00 ₩ (23.10 S$) |
32,463.53 ₩ (30.00 S$) |
+29.9 % |
| Domestic Beer (0.5 liter bottle) |
2,970.27 ₩ (2.74 S$) |
5,931.50 ₩ (5.48 S$) |
+99.7 % |
| Imported Beer (12 oz small bottle) |
4,046.19 ₩ (3.74 S$) |
7,431.83 ₩ (6.87 S$) |
+83.7 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (4.16 S$) |
18,396.00 ₩ (17.00 S$) |
+308.8 % |
Transportation | South Korea Edit |
Singapore Edit | |
| One-way Ticket (Local Transport) |
1,500.00 ₩ (1.39 S$) |
2,164.24 ₩ (2.00 S$) |
+44.3 % |
| Monthly Pass (Regular Price) |
65,000.00 ₩ (60.07 S$) |
129,854.11 ₩ (120.00 S$) |
+99.8 % |
| Taxi Start (Normal Tariff) |
4,500.00 ₩ (4.16 S$) |
4,977.74 ₩ (4.60 S$) |
+10.6 % |
| Taxi 1 mile (Normal Tariff) |
1,287.48 ₩ (1.19 S$) |
1,741.50 ₩ (1.61 S$) |
+35.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (11.09 S$) |
22,508.05 ₩ (20.80 S$) |
+87.6 % |
| Gasoline (1 gallon) |
6,265.25 ₩ (5.79 S$) |
11,747.17 ₩ (10.86 S$) |
+87.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (34,867.74 S$) |
194,781,171.75 ₩ (180,000.00 S$) |
+416.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31,923,555.53 ₩ (29,501.00 S$) |
173,004,916.01 ₩ (159,876.26 S$) |
+441.9 % |
Utilities (Monthly) | South Korea Edit |
Singapore Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
229,957.44 ₩ (212.51 S$) |
223,778.38 ₩ (206.80 S$) |
-2.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
54,959.53 ₩ (50.79 S$) |
25,059.57 ₩ (23.16 S$) |
-54.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29,519.89 ₩ (27.28 S$) |
52,454.23 ₩ (48.47 S$) |
+77.7 % |
Sports And Leisure | South Korea Edit |
Singapore Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
70,498.31 ₩ (65.15 S$) |
155,392.09 ₩ (143.60 S$) |
+120.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
28,575.00 ₩ (26.41 S$) |
17,016.30 ₩ (15.72 S$) |
-40.5 % |
| Cinema, International Release, 1 Seat |
15,000.00 ₩ (13.86 S$) |
16,231.76 ₩ (15.00 S$) |
+8.2 % |
Childcare | South Korea Edit |
Singapore Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
544,023.96 ₩ (502.74 S$) |
1,576,978.33 ₩ (1,457.31 S$) |
+189.9 % |
| International Primary School, Yearly for 1 Child |
30,922,559.71 ₩ (28,575.97 S$) |
39,792,794.51 ₩ (36,773.08 S$) |
+28.7 % |
Clothing And Shoes | South Korea Edit |
Singapore Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79,723.77 ₩ (73.67 S$) |
110,954.51 ₩ (102.53 S$) |
+39.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
68,307.78 ₩ (63.12 S$) |
62,431.63 ₩ (57.69 S$) |
-8.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
114,910.97 ₩ (106.19 S$) |
145,265.05 ₩ (134.24 S$) |
+26.4 % |
| 1 Pair of Men Leather Business Shoes |
151,911.76 ₩ (140.38 S$) |
166,178.48 ₩ (153.57 S$) |
+9.4 % |
Rent Per Month | South Korea Edit |
Singapore Edit | |
| Apartment (1 bedroom) in City Centre |
807,091.12 ₩ (745.84 S$) |
4,392,882.25 ₩ (4,059.52 S$) |
+444.3 % |
| Apartment (1 bedroom) Outside of Centre |
507,945.98 ₩ (469.40 S$) |
3,148,698.35 ₩ (2,909.76 S$) |
+519.9 % |
| Apartment (3 bedrooms) in City Centre |
2,158,223.65 ₩ (1,994.44 S$) |
8,484,387.08 ₩ (7,840.54 S$) |
+293.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,312,878.14 ₩ (1,213.25 S$) |
5,184,955.07 ₩ (4,791.49 S$) |
+294.9 % |
Buy Apartment Price | South Korea Edit |
Singapore Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,743,454.94 ₩ (1,611.15 S$) |
2,972,821.27 ₩ (2,747.23 S$) |
+70.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,159,852.97 ₩ (1,071.84 S$) |
1,942,576.39 ₩ (1,795.16 S$) |
+67.5 % |
Salaries And Financing | South Korea Edit |
Singapore Edit | |
| Average Monthly Net Salary (After Tax) |
3,123,010.00 ₩ (2,886.02 S$) |
5,561,017.56 ₩ (5,139.01 S$) |
+78.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.50 | 3.23 | -28.1 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 317 | 373 |
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