Cost of Living Comparison Between South Korea and Singapore 
| Indices Difference |  |
|---|---|
| Cost of Living in Singapore is 38.2% higher than in South Korea (without rent) | |
| Cost of Living Including Rent in Singapore is 90.9% higher than in South Korea | |
| Rent Prices in Singapore are 340.6% higher than in South Korea | |
| Restaurant Prices in Singapore are 60.2% higher than in South Korea | |
| Groceries Prices in Singapore are 5.5% lower than in South Korea | |
| Local Purchasing Power in Singapore is 5.6% lower than in South Korea | |
Restaurants | South Korea Edit |
Singapore Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10,000.00 ₩ (9.37 S$) |
14,947.92 ₩ (14.00 S$) |
+49.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
54,029.89 ₩ (50.60 S$) |
106,770.84 ₩ (100.00 S$) |
+97.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (7.49 S$) |
10,677.08 ₩ (10.00 S$) |
+33.5 % |
| Domestic Beer (1 pint draught) |
5,000.00 ₩ (4.68 S$) |
10,677.08 ₩ (10.00 S$) |
+113.5 % |
| Imported Beer (12 oz small bottle) |
7,000.00 ₩ (6.56 S$) |
10,677.08 ₩ (10.00 S$) |
+52.5 % |
| Cappuccino (regular) |
5,050.07 ₩ (4.73 S$) |
6,732.37 ₩ (6.31 S$) |
+33.3 % |
| Coke/Pepsi (12 oz small bottle) |
2,117.21 ₩ (1.98 S$) |
2,378.20 ₩ (2.23 S$) |
+12.3 % |
| Water (12 oz small bottle) |
1,102.41 ₩ (1.03 S$) |
1,752.03 ₩ (1.64 S$) |
+58.9 % |
Markets | South Korea Edit |
Singapore Edit | |
| Milk (regular), (1 gallon) |
11,161.98 ₩ (10.45 S$) |
15,050.79 ₩ (14.10 S$) |
+34.8 % |
| Loaf of Fresh White Bread (1 lb) |
3,850.68 ₩ (3.61 S$) |
2,888.90 ₩ (2.71 S$) |
-25.0 % |
| Rice (white), (1 lb) |
1,857.50 ₩ (1.74 S$) |
1,835.09 ₩ (1.72 S$) |
-1.2 % |
| Eggs (regular) (12) |
4,204.75 ₩ (3.94 S$) |
4,604.40 ₩ (4.31 S$) |
+9.5 % |
| Local Cheese (1 lb) |
8,118.55 ₩ (7.60 S$) |
10,433.54 ₩ (9.77 S$) |
+28.5 % |
| Chicken Fillets (1 lb) |
5,690.04 ₩ (5.33 S$) |
7,010.69 ₩ (6.57 S$) |
+23.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
18,246.03 ₩ (17.09 S$) |
13,047.04 ₩ (12.22 S$) |
-28.5 % |
| Apples (1 lb) |
4,696.42 ₩ (4.40 S$) |
2,789.60 ₩ (2.61 S$) |
-40.6 % |
| Banana (1 lb) |
2,146.72 ₩ (2.01 S$) |
1,902.54 ₩ (1.78 S$) |
-11.4 % |
| Oranges (1 lb) |
3,635.13 ₩ (3.40 S$) |
2,672.01 ₩ (2.50 S$) |
-26.5 % |
| Tomato (1 lb) |
3,580.93 ₩ (3.35 S$) |
1,828.10 ₩ (1.71 S$) |
-48.9 % |
| Potato (1 lb) |
2,330.52 ₩ (2.18 S$) |
1,435.05 ₩ (1.34 S$) |
-38.4 % |
| Onion (1 lb) |
1,849.70 ₩ (1.73 S$) |
1,420.89 ₩ (1.33 S$) |
-23.2 % |
| Lettuce (1 head) |
3,347.65 ₩ (3.14 S$) |
2,471.96 ₩ (2.32 S$) |
-26.2 % |
| Water (1.5 liter bottle) |
1,588.42 ₩ (1.49 S$) |
2,038.71 ₩ (1.91 S$) |
+28.3 % |
| Bottle of Wine (Mid-Range) |
25,000.00 ₩ (23.41 S$) |
33,098.96 ₩ (31.00 S$) |
+32.4 % |
| Domestic Beer (0.5 liter bottle) |
2,977.09 ₩ (2.79 S$) |
5,590.50 ₩ (5.24 S$) |
+87.8 % |
| Imported Beer (12 oz small bottle) |
3,768.01 ₩ (3.53 S$) |
6,881.20 ₩ (6.44 S$) |
+82.6 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (4.21 S$) |
18,044.27 ₩ (16.90 S$) |
+301.0 % |
Transportation | South Korea Edit |
Singapore Edit | |
| One-way Ticket (Local Transport) |
1,500.00 ₩ (1.40 S$) |
2,135.42 ₩ (2.00 S$) |
+42.4 % |
| Monthly Pass (Regular Price) |
62,000.00 ₩ (58.07 S$) |
128,125.00 ₩ (120.00 S$) |
+106.7 % |
| Taxi Start (Normal Tariff) |
4,500.00 ₩ (4.21 S$) |
4,911.46 ₩ (4.60 S$) |
+9.1 % |
| Taxi 1 mile (Normal Tariff) |
1,367.94 ₩ (1.28 S$) |
1,718.31 ₩ (1.61 S$) |
+25.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (11.24 S$) |
22,315.10 ₩ (20.90 S$) |
+86.0 % |
| Gasoline (1 gallon) |
6,265.33 ₩ (5.87 S$) |
11,595.24 ₩ (10.86 S$) |
+85.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (35,338.30 S$) |
192,187,505.43 ₩ (180,000.00 S$) |
+409.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31,971,837.66 ₩ (29,944.35 S$) |
174,079,042.17 ₩ (163,039.88 S$) |
+444.5 % |
Utilities (Monthly) | South Korea Edit |
Singapore Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
235,773.46 ₩ (220.82 S$) |
229,567.75 ₩ (215.01 S$) |
-2.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
55,884.48 ₩ (52.34 S$) |
24,175.63 ₩ (22.64 S$) |
-56.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30,167.44 ₩ (28.25 S$) |
50,004.34 ₩ (46.83 S$) |
+65.8 % |
Sports And Leisure | South Korea Edit |
Singapore Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
69,116.07 ₩ (64.73 S$) |
161,645.43 ₩ (151.39 S$) |
+133.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
27,088.24 ₩ (25.37 S$) |
16,860.09 ₩ (15.79 S$) |
-37.8 % |
| Cinema, International Release, 1 Seat |
15,000.00 ₩ (14.05 S$) |
16,015.63 ₩ (15.00 S$) |
+6.8 % |
Childcare | South Korea Edit |
Singapore Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
523,174.49 ₩ (490.00 S$) |
1,569,751.12 ₩ (1,470.21 S$) |
+200.0 % |
| International Primary School, Yearly for 1 Child |
30,765,595.79 ₩ (28,814.61 S$) |
38,712,732.58 ₩ (36,257.78 S$) |
+25.8 % |
Clothing And Shoes | South Korea Edit |
Singapore Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79,289.94 ₩ (74.26 S$) |
96,959.78 ₩ (90.81 S$) |
+22.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
65,736.56 ₩ (61.57 S$) |
59,753.78 ₩ (55.96 S$) |
-9.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
113,972.86 ₩ (106.75 S$) |
139,203.20 ₩ (130.38 S$) |
+22.1 % |
| 1 Pair of Men Leather Business Shoes |
150,151.52 ₩ (140.63 S$) |
157,906.70 ₩ (147.89 S$) |
+5.2 % |
Rent Per Month | South Korea Edit |
Singapore Edit | |
| Apartment (1 bedroom) in City Centre |
774,371.17 ₩ (725.26 S$) |
3,890,291.24 ₩ (3,643.59 S$) |
+402.4 % |
| Apartment (1 bedroom) Outside of Centre |
484,263.60 ₩ (453.55 S$) |
2,895,523.40 ₩ (2,711.90 S$) |
+497.9 % |
| Apartment (3 bedrooms) in City Centre |
2,071,847.38 ₩ (1,940.46 S$) |
8,267,525.57 ₩ (7,743.24 S$) |
+299.0 % |
| Apartment (3 bedrooms) Outside of Centre |
1,290,553.21 ₩ (1,208.71 S$) |
5,308,512.52 ₩ (4,971.88 S$) |
+311.3 % |
Buy Apartment Price | South Korea Edit |
Singapore Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,604,275.58 ₩ (1,502.54 S$) |
2,898,647.47 ₩ (2,714.83 S$) |
+80.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,073,213.60 ₩ (1,005.16 S$) |
1,909,198.67 ₩ (1,788.13 S$) |
+77.9 % |
Salaries And Financing | South Korea Edit |
Singapore Edit | |
| Average Monthly Net Salary (After Tax) |
3,234,473.13 ₩ (3,029.36 S$) |
5,831,005.89 ₩ (5,461.23 S$) |
+80.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.63 | 3.30 | -28.7 % |
| Last update: | January 2025 | January 2025 | |
| Contributors in the past 12 months: | 287 | 384 |
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