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 3,491.3€ (5,226,278.9₩) without rent.
A single person estimated monthly costs are 965.0€ (1,444,616.3₩) without rent.
Cost of living in South Korea is, on average, 8.3% lower than in United States.
Rent in South Korea is, on average, 60.7% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	6.68 €	4.68-10.02
Meal for 2 People, Mid-range Restaurant, Three-course	33.40 €	22.04-66.80
McMeal at McDonalds (or Equivalent Combo Meal)	5.34 €	4.68-6.55
Domestic Beer (0.5 liter draught)	3.34 €	1.90-4.68
Imported Beer (0.33 liter bottle)	4.01 €	2.67-6.01
Cappuccino (regular)	3.33 €	2.00-4.34
Coke/Pepsi (0.33 liter bottle)	1.39 €	1.00-2.20
Water (0.33 liter bottle)	0.72 €	0.53-1.20
Markets	Edit
Milk (regular), (1 liter)	1.95 €	1.34-2.67
Loaf of Fresh White Bread (500g)	2.77 €	1.87-6.01
Rice (white), (1kg)	2.75 €	1.60-4.68
Eggs (regular) (12)	2.82 €	1.60-4.81
Local Cheese (1kg)	11.48 €	6.68-23.38
Chicken Fillets (1kg)	8.37 €	4.01-12.02
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	28.44 €	12.69-50.10
Apples (1kg)	6.71 €	2.67-10.02
Banana (1kg)	3.17 €	2.00-6.68
Oranges (1kg)	5.31 €	2.00-9.82
Tomato (1kg)	5.00 €	2.00-8.02
Potato (1kg)	3.48 €	1.67-5.34
Onion (1kg)	2.71 €	1.34-4.01
Lettuce (1 head)	2.22 €	1.00-3.34
Water (1.5 liter bottle)	1.04 €	0.47-1.34
Bottle of Wine (Mid-Range)	16.70 €	8.02-30.06
Domestic Beer (0.5 liter bottle)	2.00 €	1.34-3.34
Imported Beer (0.33 liter bottle)	2.48 €	1.34-4.68
Cigarettes 20 Pack (Marlboro)	3.01 €	3.01-3.34
Transportation	Edit
One-way Ticket (Local Transport)	0.99 €	0.87-1.14
Monthly Pass (Regular Price)	41.42 €	33.40-60.12
Taxi Start (Normal Tariff)	3.01 €	2.34-3.21
Taxi 1km (Normal Tariff)	0.53 €	0.50-1.00
Taxi 1hour Waiting (Normal Tariff)	8.02 €	7.76-13.36
Gasoline (1 liter)	1.11 €	1.04-1.30
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	25,205.01 €	25,205.01-25,384.71
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	21,287.16 €	19,973.76-23,848.27
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	150.88 €	94.64-256.79
Mobile Phone Monthly Plan with Calls and 10GB+ Data	39.16 €	20.04-50.10
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	19.92 €	13.36-30.82
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	45.58 €	20.04-80.16
Tennis Court Rent (1 Hour on Weekend)	18.98 €	8.02-29.39
Cinema, International Release, 1 Seat	10.02 €	8.02-12.02
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	327.38 €	205.43-554.67
International Primary School, Yearly for 1 Child	19,703.11 €	12,358.34-29,726.83
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	52.73 €	33.40-100.20
1 Summer Dress in a Chain Store (Zara, H&M, ...)	42.10 €	20.04-66.80
1 Pair of Nike Running Shoes (Mid-Range)	75.68 €	46.76-119.58
1 Pair of Men Leather Business Shoes	102.53 €	53.44-146.96
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	503.73 €	267.21-1,109.34
Apartment (1 bedroom) Outside of Centre	325.38 €	200.41-601.22
Apartment (3 bedrooms) in City Centre	1,415.77 €	668.02-3,200.00
Apartment (3 bedrooms) Outside of Centre	860.81 €	434.21-1,670.05
Buy Apartment Price	Edit
Price per Square Meter to Buy Apartment in City Centre	10,426.91 €	4,088.27-20,040.56
Price per Square Meter to Buy Apartment Outside of Centre	7,147.30 €	2,605.27-12,425.15
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,101.70 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.74	3.50-6.04

Prices in South Korea

This country had 3688 entries in the past 12 months by 444 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References