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 3,643.1$ (5,237,101.6₩) without rent.
A single person estimated monthly costs are 1,009.0$ (1,450,458.0₩) without rent.
Cost of living in South Korea is, on average, 10.4% 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	10,000.00 ₩	7,764.56-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	55,000.00 ₩	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)	5,033.75 ₩	3,000.00-6,653.52
Coke/Pepsi (12 oz small bottle)	2,111.27 ₩	1,500.00-3,000.00
Water (12 oz small bottle)	1,095.91 ₩	900.00-1,800.00
Markets	Edit
Milk (regular), (1 gallon)	11,157.23 ₩	7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb)	3,849.17 ₩	2,267.96-8,164.67
Rice (white), (1 lb)	1,856.93 ₩	1,088.62-3,175.15
Eggs (regular) (12)	4,203.17 ₩	2,400.00-7,200.00
Local Cheese (1 lb)	8,112.95 ₩	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)	18,240.66 ₩	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)	3,633.96 ₩	1,360.78-6,667.82
Tomato (1 lb)	3,579.83 ₩	1,587.58-5,896.71
Potato (1 lb)	2,328.45 ₩	1,133.98-3,628.74
Onion (1 lb)	1,849.09 ₩	907.19-3,166.08
Lettuce (1 head)	3,347.65 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,575.63 ₩	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)	2,976.34 ₩	2,000.00-5,000.00
Imported Beer (12 oz small bottle)	3,849.84 ₩	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)	1,287.48 ₩	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)	31,945,622.82 ₩	28,175,588.00-35,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	234,213.94 ₩	150,000.00-399,313.89
Mobile Phone Monthly Plan with Calls and 10GB+ Data	55,699.33 ₩	30,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	30,389.67 ₩	20,000.00-45,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	69,095.23 ₩	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	522,284.24 ₩	319,451.11-1,300,000.00
International Primary School, Yearly for 1 Child	30,732,088.10 ₩	20,000,000.00-42,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	79,205.05 ₩	50,000.00-130,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	65,698.66 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	114,062.53 ₩	70,000.00-179,000.00
1 Pair of Men Leather Business Shoes	150,151.52 ₩	80,000.00-215,629.50
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	784,208.52 ₩	420,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	488,714.03 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	2,076,446.00 ₩	1,000,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,294,231.23 ₩	650,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,600,852.12 ₩	603,864.73-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre	1,070,976.94 ₩	371,609.07-1,858,045.34
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,225,247.14 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.61	3.50-6.00

Prices in South Korea

This country had 2413 entries in the past 12 months by 291 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