Cost of Living in South Korea
Summary:
- Family of four estimated monthly costs are 3,562.2$ (4,676,659.4₩) without rent.
- A single person estimated monthly costs are 984.3$ (1,292,306.2₩) without rent.
- Cost of living in South Korea is, on average, 6.4% lower than in United States.
- Rent in South Korea is, on average, 62.0% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 8,000.00 ₩ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 50,000.00 ₩ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 7,500.00 ₩ | |
| Domestic Beer (1 pint draught) | 4,000.00 ₩ | |
| Imported Beer (12 oz small bottle) | 6,000.00 ₩ | |
| Cappuccino (regular) | 4,701.19 ₩ | |
| Coke/Pepsi (12 oz small bottle) | 1,883.37 ₩ | |
| Water (12 oz small bottle) | 972.25 ₩ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 10,276.52 ₩ | |
| Loaf of Fresh White Bread (1 lb) | 3,280.23 ₩ | |
| Rice (white), (1 lb) | 1,991.80 ₩ | |
| Eggs (regular) (12) | 4,295.90 ₩ | |
| Local Cheese (1 lb) | 7,827.72 ₩ | |
| Chicken Fillets (1 lb) | 5,407.02 ₩ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 19,472.01 ₩ | |
| Apples (1 lb) | 3,728.37 ₩ | |
| Banana (1 lb) | 2,048.89 ₩ | |
| Oranges (1 lb) | 3,577.00 ₩ | |
| Tomato (1 lb) | 3,367.03 ₩ | |
| Potato (1 lb) | 2,147.52 ₩ | |
| Onion (1 lb) | 1,701.45 ₩ | |
| Lettuce (1 head) | 2,996.75 ₩ | |
| Water (1.5 liter bottle) | 1,373.21 ₩ | |
| Bottle of Wine (Mid-Range) | 20,000.00 ₩ | |
| Domestic Beer (0.5 liter bottle) | 2,705.77 ₩ | |
| Imported Beer (12 oz small bottle) | 3,100.66 ₩ | |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1,300.00 ₩ | |
| Monthly Pass (Regular Price) | 55,000.00 ₩ | |
| Taxi Start (Normal Tariff) | 3,550.00 ₩ | |
| Taxi 1 mile (Normal Tariff) | 1,609.34 ₩ | |
| Taxi 1hour Waiting (Normal Tariff) | 12,000.00 ₩ | |
| Gasoline (1 gallon) | 6,632.12 ₩ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 38,000,000.00 ₩ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 31,958,880.32 ₩ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 195,974.51 ₩ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 223.23 ₩ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 28,151.91 ₩ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 59,772.13 ₩ | |
| Tennis Court Rent (1 Hour on Weekend) | 24,868.57 ₩ | |
| Cinema, International Release, 1 Seat | 12,000.00 ₩ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 479,312.50 ₩ | |
| International Primary School, Yearly for 1 Child | 26,998,670.13 ₩ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 72,897.54 ₩ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 53,310.17 ₩ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 96,303.74 ₩ | |
| 1 Pair of Men Leather Business Shoes | 135,168.06 ₩ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 628,616.88 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 469,243.59 ₩ | |
| Apartment (3 bedrooms) in City Centre | 1,834,447.69 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,147,528.33 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,641,008.14 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 984,348.26 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,992,748.79 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.72 |
Prices in South Korea
This country had 2478 entries in the past 12 months by 292 different contributors.
Last update: March 2023
Our data for each country are based on all entries from all cities in that country.
Last update: March 2023
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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