Cost of Living in South Korea
Summary of cost of living in South Korea:
- The estimated monthly costs for a family of four are 2,871.5£ (5,380,507.2₩), excluding rent.
- The estimated monthly costs for a single person are 794.2£ (1,488,065.0₩), excluding rent.
- Cost of living in South Korea is, on average, 7.5% lower than in United States.
- Rent in South Korea is, on average, 60.2% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 5.34 £ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 32.02 £ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 4.27 £ | |
| Domestic Beer (1 pint draught) | 2.67 £ | |
| Imported Beer (12 oz small bottle) | 3.74 £ | |
| Cappuccino (regular) | 2.69 £ | |
| Coke/Pepsi (12 oz small bottle) | 1.15 £ | |
| Water (12 oz small bottle) | 0.57 £ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 6.02 £ | |
| Loaf of Fresh White Bread (1 lb) | 2.04 £ | |
| Rice (white), (1 lb) | 1.00 £ | |
| Eggs (regular) (12) | 2.27 £ | |
| Local Cheese (1 lb) | 4.54 £ | |
| Chicken Fillets (1 lb) | 3.05 £ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.97 £ | |
| Apples (1 lb) | 2.58 £ | |
| Banana (1 lb) | 1.14 £ | |
| Oranges (1 lb) | 1.95 £ | |
| Tomato (1 lb) | 2.02 £ | |
| Potato (1 lb) | 1.27 £ | |
| Onion (1 lb) | 0.96 £ | |
| Lettuce (1 head) | 1.80 £ | |
| Water (1.5 liter bottle) | 0.86 £ | |
| Bottle of Wine (Mid-Range) | 13.34 £ | |
| Domestic Beer (0.5 liter bottle) | 1.59 £ | |
| Imported Beer (12 oz small bottle) | 2.16 £ | |
| Cigarettes 20 Pack (Marlboro) | 2.40 £ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 0.80 £ | |
| Monthly Pass (Regular Price) | 34.69 £ | |
| Taxi Start (Normal Tariff) | 2.40 £ | |
| Taxi 1 mile (Normal Tariff) | 0.69 £ | |
| Taxi 1hour Waiting (Normal Tariff) | 6.40 £ | |
| Gasoline (1 gallon) | 3.34 £ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 20,136.82 £ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 17,037.22 £ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 122.73 £ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 29.33 £ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 15.75 £ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 37.62 £ | |
| Tennis Court Rent (1 Hour on Weekend) | 15.25 £ | |
| Cinema, International Release, 1 Seat | 8.01 £ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 290.34 £ | |
| International Primary School, Yearly for 1 Child | 16,502.97 £ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 42.55 £ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.46 £ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 61.33 £ | |
| 1 Pair of Men Leather Business Shoes | 81.07 £ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 430.73 £ | |
| Apartment (1 bedroom) Outside of Centre | 271.09 £ | |
| Apartment (3 bedrooms) in City Centre | 1,151.82 £ | |
| Apartment (3 bedrooms) Outside of Centre | 700.67 £ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 930.42 £ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 618.96 £ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,648.66 £ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.50 |
Prices in South Korea
This country had 2706 entries in the past 12 months by 317 different contributors.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
Moving to South Korea? Explore:
Distribution of Expenses Using Our Statistical Model:
This Page in Other Languages:
 DeutschLebenshaltungskosten in Südkorea
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 PortuguêsCusto de Vida na Coréia do Sul
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 ItalianoCosto della Vita in Corea del Sud
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 FrançaisCoût de la Vie en Corée du Sud
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 EspañolCosto de Vida en Corea del Sur
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