Cost of Living in South Korea
Summary of cost of living in South Korea:
- A family of four estimated monthly costs are 41,136.2kr (5,207,829.7₩) without rent.
- A single person estimated monthly costs are 11,367.5kr (1,439,120.1₩) without rent.
- Cost of living in South Korea is, on average, 4.6% lower than in United States.
- Rent in South Korea is, on average, 59.2% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 78.99 kr | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 394.95 kr | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 63.19 kr | |
| Domestic Beer (1 pint draught) | 36.66 kr | |
| Imported Beer (12 oz small bottle) | 47.39 kr | |
| Cappuccino (regular) | 39.33 kr | |
| Coke/Pepsi (12 oz small bottle) | 16.28 kr | |
| Water (12 oz small bottle) | 8.45 kr | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 87.09 kr | |
| Loaf of Fresh White Bread (1 lb) | 29.90 kr | |
| Rice (white), (1 lb) | 15.09 kr | |
| Eggs (regular) (12) | 33.91 kr | |
| Local Cheese (1 lb) | 59.92 kr | |
| Chicken Fillets (1 lb) | 43.93 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 151.42 kr | |
| Apples (1 lb) | 35.99 kr | |
| Banana (1 lb) | 16.87 kr | |
| Oranges (1 lb) | 28.96 kr | |
| Tomato (1 lb) | 26.90 kr | |
| Potato (1 lb) | 18.68 kr | |
| Onion (1 lb) | 14.85 kr | |
| Lettuce (1 head) | 25.95 kr | |
| Water (1.5 liter bottle) | 12.45 kr | |
| Bottle of Wine (Mid-Range) | 193.52 kr | |
| Domestic Beer (0.5 liter bottle) | 23.95 kr | |
| Imported Beer (12 oz small bottle) | 29.69 kr | |
| Cigarettes 20 Pack (Marlboro) | 35.55 kr | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 11.45 kr | |
| Monthly Pass (Regular Price) | 489.73 kr | |
| Taxi Start (Normal Tariff) | 35.55 kr | |
| Taxi 1 mile (Normal Tariff) | 10.17 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 94.79 kr | |
| Gasoline (1 gallon) | 49.53 kr | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 298,033.94 kr | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 247,932.34 kr | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 1,776.63 kr | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 461.97 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 230.17 kr | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 519.30 kr | |
| Tennis Court Rent (1 Hour on Weekend) | 224.42 kr | |
| Cinema, International Release, 1 Seat | 118.48 kr | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,837.50 kr | |
| International Primary School, Yearly for 1 Child | 226,306.18 kr | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 636.49 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 500.67 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 882.70 kr | |
| 1 Pair of Men Leather Business Shoes | 1,197.44 kr | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 5,902.86 kr | |
| Apartment (1 bedroom) Outside of Centre | 3,827.93 kr | |
| Apartment (3 bedrooms) in City Centre | 16,796.15 kr | |
| Apartment (3 bedrooms) Outside of Centre | 9,994.14 kr | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 11,624.47 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 8,180.94 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 25,064.13 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.74 |
Prices in South Korea
This country had 3556 entries in the past 12 months by 419 different contributors.
Last update: September 2024
Our data for each country are based on all entries from all cities in that country.
Last update: September 2024
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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