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 3,658.9$ (5,368,027.6₩) without rent.
A single person estimated monthly costs are 1,011.4$ (1,483,846.0₩) without rent.
Cost of living in South Korea is, on average, 10.8% lower than in United States.
Rent in South Korea is, on average, 61.7% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	10,000.00 ₩	7,335.56-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	60,000.00 ₩	40,000.00-110,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	7,000.00-9,500.00
Domestic Beer (1 pint draught)	5,000.00 ₩	2,500.00-7,000.00
Imported Beer (12 oz small bottle)	7,000.00 ₩	4,000.00-9,500.00
Cappuccino (regular)	5,016.65 ₩	3,000.00-6,800.00
Coke/Pepsi (12 oz small bottle)	2,135.53 ₩	1,500.00-3,100.00
Water (12 oz small bottle)	1,070.11 ₩	900.00-1,713.45
Markets	Edit
Milk (regular), (1 gallon)	11,272.10 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,841.55 ₩	2,267.96-8,164.67
Rice (white), (1 lb)	1,884.17 ₩	1,088.62-2,948.35
Eggs (regular) (12)	4,259.10 ₩	2,400.00-8,400.00
Local Cheese (1 lb)	8,518.18 ₩	4,535.93-20,411.68
Chicken Fillets (1 lb)	5,718.33 ₩	2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	18,537.38 ₩	8,164.67-31,751.50
Apples (1 lb)	4,840.41 ₩	2,263.43-8,164.67
Banana (1 lb)	2,142.09 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,670.57 ₩	1,360.78-6,803.89
Tomato (1 lb)	3,792.70 ₩	1,587.58-6,350.30
Potato (1 lb)	2,387.11 ₩	1,220.16-3,697.07
Onion (1 lb)	1,797.15 ₩	907.19-3,166.08
Lettuce (1 head)	3,373.78 ₩	2,000.00-5,720.00
Water (1.5 liter bottle)	1,620.48 ₩	750.00-2,000.00
Bottle of Wine (Mid-Range)	25,000.00 ₩	15,000.00-45,000.00
Domestic Beer (0.5 liter bottle)	2,972.82 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	4,049.41 ₩	2,000.00-7,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-5,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,500.00 ₩	1,350.00-1,724.00
Monthly Pass (Regular Price)	65,000.00 ₩	60,000.00-90,000.00
Taxi Start (Normal Tariff)	4,500.00 ₩	3,600.00-5,000.00
Taxi 1 mile (Normal Tariff)	1,287.48 ₩	1,227.93-2,253.08
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,612.00-20,000.00
Gasoline (1 gallon)	6,267.07 ₩	6,052.87-7,047.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	37,731,000.00 ₩	37,731,000.00-37,731,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	31,979,729.49 ₩	28,755,401.35-35,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	230,141.50 ₩	150,000.00-340,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data	55,036.05 ₩	30,000.00-72,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	29,363.23 ₩	20,000.00-45,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	71,017.19 ₩	33,000.00-120,000.00
Tennis Court Rent (1 Hour on Weekend)	29,236.84 ₩	12,000.00-45,000.00
Cinema, International Release, 1 Seat	15,000.00 ₩	12,000.00-18,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	541,200.05 ₩	350,000.00-1,500,000.00
International Primary School, Yearly for 1 Child	30,416,094.23 ₩	19,000,000.00-42,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	80,811.83 ₩	50,000.00-130,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	67,550.70 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	113,691.40 ₩	70,000.00-180,000.00
1 Pair of Men Leather Business Shoes	150,454.55 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	798,534.39 ₩	450,000.00-1,700,000.00
Apartment (1 bedroom) Outside of Centre	502,240.14 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,163,350.13 ₩	1,000,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre	1,304,063.65 ₩	700,000.00-2,800,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,676,231.96 ₩	650,315.87-3,530,286.14
Price per Square Feet to Buy Apartment Outside of Centre	1,127,482.38 ₩	403,734.11-1,858,045.34
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,129,936.18 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.51	3.41-6.00

Prices in South Korea

This country had 2710 entries in the past 12 months by 315 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References