Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 5.68 £ 3.98-8.52
Meal for 2 People, Mid-range Restaurant, Three-course 28.41 £ 18.75-56.82
McMeal at McDonalds (or Equivalent Combo Meal) 4.55 £ 3.98-5.45
Domestic Beer (1 pint draught) 2.84 £ 1.53-3.98
Imported Beer (12 oz small bottle) 3.98 £ 2.27-5.68
Cappuccino (regular) 2.84 £ 1.70-3.78
Coke/Pepsi (12 oz small bottle) 1.18 £ 0.85-1.76
Water (12 oz small bottle) 0.61 £ 0.47-1.02
Markets
Edit
Milk (regular), (1 gallon) 6.35 £ 4.30-8.60
Loaf of Fresh White Bread (1 lb) 2.16 £ 1.29-4.20
Rice (white), (1 lb) 1.07 £ 0.62-1.80
Eggs (regular) (12) 2.36 £ 1.36-4.09
Local Cheese (1 lb) 4.53 £ 2.58-10.31
Chicken Fillets (1 lb) 3.16 £ 1.55-4.64
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.78 £ 4.64-19.33
Apples (1 lb) 2.58 £ 0.77-3.87
Banana (1 lb) 1.20 £ 0.77-2.58
Oranges (1 lb) 2.03 £ 0.77-3.61
Tomato (1 lb) 1.99 £ 0.77-3.35
Potato (1 lb) 1.31 £ 0.64-2.06
Onion (1 lb) 1.04 £ 0.52-1.80
Lettuce (1 head) 1.90 £ 0.85-2.84
Water (1.5 liter bottle) 0.91 £ 0.45-1.14
Bottle of Wine (Mid-Range) 14.21 £ 8.52-25.57
Domestic Beer (0.5 liter bottle) 1.74 £ 1.14-2.84
Imported Beer (12 oz small bottle) 2.13 £ 1.14-3.98
Cigarettes 20 Pack (Marlboro) 2.56 £ 2.56-2.84
Transportation
Edit
One-way Ticket (Local Transport) 0.85 £ 0.77-0.97
Monthly Pass (Regular Price) 35.23 £ 31.25-51.14
Taxi Start (Normal Tariff) 2.56 £ 1.99-2.84
Taxi 1 mile (Normal Tariff) 0.73 £ 0.69-1.37
Taxi 1hour Waiting (Normal Tariff) 6.82 £ 6.60-11.36
Gasoline (1 gallon) 3.56 £ 3.33-4.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,439.03 £ 21,439.03-21,591.88
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,120.08 £ 16,989.40-20,285.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 133.31 £ 85.23-221.68
Mobile Phone Monthly Plan with Calls and 10GB+ Data 32.65 £ 17.05-42.62
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 17.32 £ 11.36-28.41
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 38.38 £ 17.05-62.50
Tennis Court Rent (1 Hour on Weekend) 16.14 £ 6.82-25.00
Cinema, International Release, 1 Seat 8.52 £ 6.82-10.23
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 279.87 £ 177.35-478.83
International Primary School, Yearly for 1 Child 17,090.64 £ 10,511.84-23,864.71
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 45.96 £ 28.41-73.87
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.62 £ 17.05-56.82
1 Pair of Nike Running Shoes (Mid-Range) 64.72 £ 39.77-102.28
1 Pair of Men Leather Business Shoes 86.61 £ 45.46-125.01
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 430.78 £ 227.28-852.31
Apartment (1 bedroom) Outside of Centre 271.74 £ 170.46-511.39
Apartment (3 bedrooms) in City Centre 1,208.68 £ 568.21-2,660.52
Apartment (3 bedrooms) Outside of Centre 727.32 £ 369.33-1,420.52
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 852.47 £ 343.12-1,583.63
Price per Square Feet to Buy Apartment Outside of Centre 566.23 £ 211.15-995.16
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,833.64 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.72 3.50-6.04

Prices in South Korea

This country had 3985 entries in the past 12 months by 462 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
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