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 3,555.3$ (5,215,258.8₩) without rent.
A single person estimated monthly costs are 985.8$ (1,446,026.1₩) without rent.
Cost of living in South Korea is, on average, 12.4% lower than in United States.
Rent in South Korea is, on average, 62.9% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	10,000.00 ₩	7,793.40-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	50,300.00 ₩	35,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	8,000.00 ₩	7,200.00-9,900.00
Domestic Beer (1 pint draught)	5,000.00 ₩	2,500.00-7,000.00
Imported Beer (12 oz small bottle)	7,000.00 ₩	4,000.00-10,000.00
Cappuccino (regular)	5,050.83 ₩	3,000.00-6,800.00
Coke/Pepsi (12 oz small bottle)	2,118.58 ₩	1,500.00-3,100.00
Water (12 oz small bottle)	1,103.89 ₩	900.00-2,000.00
Markets	Edit
Milk (regular), (1 gallon)	11,164.74 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,851.12 ₩	2,267.96-8,164.67
Rice (white), (1 lb)	1,857.67 ₩	1,088.62-3,175.15
Eggs (regular) (12)	4,205.21 ₩	2,400.00-7,200.00
Local Cheese (1 lb)	8,120.18 ₩	4,535.93-18,143.72
Chicken Fillets (1 lb)	5,690.04 ₩	2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	18,247.60 ₩	8,164.67-31,751.50
Apples (1 lb)	4,696.42 ₩	2,263.43-7,711.08
Banana (1 lb)	2,146.72 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,635.47 ₩	1,360.78-6,667.82
Tomato (1 lb)	3,581.25 ₩	1,587.58-5,896.71
Potato (1 lb)	2,331.13 ₩	1,133.98-3,696.56
Onion (1 lb)	1,849.88 ₩	907.19-3,166.08
Lettuce (1 head)	3,347.65 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,588.50 ₩	800.00-2,000.00
Bottle of Wine (Mid-Range)	25,000.00 ₩	15,000.00-45,000.00
Domestic Beer (0.5 liter bottle)	2,977.44 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	3,768.45 ₩	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 ₩	1,350.00-1,700.00
Monthly Pass (Regular Price)	62,000.00 ₩	55,000.00-90,000.00
Taxi Start (Normal Tariff)	4,500.00 ₩	3,500.00-5,000.00
Taxi 1 mile (Normal Tariff)	1,367.94 ₩	1,218.27-2,253.08
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	11,612.00-20,000.00
Gasoline (1 gallon)	6,265.33 ₩	5,980.95-7,047.08
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)	31,979,496.34 ₩	28,751,437.74-35,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	235,773.46 ₩	150,000.00-400,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data	55,891.91 ₩	30,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	30,167.44 ₩	20,000.00-45,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	69,121.26 ₩	33,000.00-110,000.00
Tennis Court Rent (1 Hour on Weekend)	27,088.24 ₩	10,000.00-45,000.00
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	523,434.57 ₩	325,980.02-1,300,000.00
International Primary School, Yearly for 1 Child	30,775,385.08 ₩	20,000,000.00-42,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	79,330.56 ₩	50,000.00-130,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	65,747.63 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	113,980.68 ₩	70,000.00-180,000.00
1 Pair of Men Leather Business Shoes	150,151.52 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	774,135.10 ₩	420,000.00-1,700,000.00
Apartment (1 bedroom) Outside of Centre	480,249.30 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,072,314.75 ₩	1,000,000.00-4,800,000.00
Apartment (3 bedrooms) Outside of Centre	1,290,657.41 ₩	650,000.00-2,584,485.87
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,583,036.09 ₩	603,864.73-2,972,872.54
Price per Square Feet to Buy Apartment Outside of Centre	1,045,139.52 ₩	371,609.07-1,829,221.66
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,191,896.96 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.64	3.50-6.00

Prices in South Korea

This country had 2348 entries in the past 12 months by 283 different contributors.
Last update: January 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References