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 3,705.2$ (5,008,485.2₩) without rent.
A single person estimated monthly costs are 1,023.2$ (1,383,119.8₩) without rent.
Cost of living in South Korea is, on average, 11.2% lower than in United States.
Rent in South Korea is, on average, 64.1% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	9,000.00 ₩	7,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course	50,000.00 ₩	30,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	7,500.00 ₩	6,500.00-9,000.00
Domestic Beer (1 pint draught)	4,000.00 ₩	2,500.00-6,000.00
Imported Beer (12 oz small bottle)	6,000.00 ₩	4,000.00-8,000.00
Cappuccino (regular)	4,779.90 ₩	3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle)	1,880.52 ₩	1,500.00-2,700.00
Water (12 oz small bottle)	963.35 ₩	800.00-1,500.00
Markets	Edit
Milk (regular), (1 gallon)	10,442.08 ₩	7,570.83-15,898.73
Loaf of Fresh White Bread (1 lb)	3,452.07 ₩	2,249.82-7,257.49
Rice (white), (1 lb)	2,028.10 ₩	1,088.62-3,628.74
Eggs (regular) (12)	4,524.23 ₩	2,280.00-7,200.00
Local Cheese (1 lb)	7,583.30 ₩	4,535.93-18,143.72
Chicken Fillets (1 lb)	5,127.38 ₩	2,494.76-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	19,431.47 ₩	7,348.21-36,287.43
Apples (1 lb)	3,991.33 ₩	1,360.78-5,443.11
Banana (1 lb)	2,083.20 ₩	1,360.78-4,535.93
Oranges (1 lb)	3,465.67 ₩	1,360.78-6,350.30
Tomato (1 lb)	3,348.28 ₩	1,587.58-5,896.71
Potato (1 lb)	2,433.32 ₩	1,088.62-4,535.93
Onion (1 lb)	1,736.04 ₩	907.19-2,676.20
Lettuce (1 head)	3,091.43 ₩	1,500.00-5,000.00
Water (1.5 liter bottle)	1,431.41 ₩	700.00-2,000.00
Bottle of Wine (Mid-Range)	20,000.00 ₩	10,000.00-36,000.00
Domestic Beer (0.5 liter bottle)	2,901.12 ₩	1,900.00-4,500.00
Imported Beer (12 oz small bottle)	3,421.46 ₩	2,000.00-5,000.00
Cigarettes 20 Pack (Marlboro)	4,500.00 ₩	4,500.00-6,000.00
Transportation	Edit
One-way Ticket (Local Transport)	1,300.00 ₩	1,250.00-1,550.00
Monthly Pass (Regular Price)	55,000.00 ₩	50,000.00-80,000.00
Taxi Start (Normal Tariff)	3,800.00 ₩	3,300.00-4,800.00
Taxi 1 mile (Normal Tariff)	1,448.41 ₩	1,207.01-2,414.02
Taxi 1hour Waiting (Normal Tariff)	12,000.00 ₩	10,200.00-18,500.00
Gasoline (1 gallon)	6,661.82 ₩	5,980.95-7,828.23
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	37,731,000.00 ₩	37,731,000.00-40,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	32,768,527.95 ₩	30,000,000.00-36,000,000.00
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	215,068.85 ₩	141,666.67-300,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data	66,233.87 ₩	33,000.00-69,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	28,566.20 ₩	20,000.00-50,000.00
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	63,589.55 ₩	30,000.00-125,000.00
Tennis Court Rent (1 Hour on Weekend)	21,511.43 ₩	10,000.00-30,000.00
Cinema, International Release, 1 Seat	13,500.00 ₩	10,000.00-17,000.00
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	486,500.00 ₩	350,000.00-760,000.00
International Primary School, Yearly for 1 Child	28,338,391.33 ₩	15,000,000.00-43,000,000.00
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	75,655.51 ₩	40,000.00-120,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	55,119.03 ₩	30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range)	104,522.83 ₩	61,000.00-150,000.00
1 Pair of Men Leather Business Shoes	150,325.39 ₩	80,000.00-220,000.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	667,223.12 ₩	400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre	478,222.93 ₩	300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre	1,934,838.53 ₩	800,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,163,881.02 ₩	600,000.00-2,750,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,559,490.37 ₩	557,413.60-3,483,835.01
Price per Square Feet to Buy Apartment Outside of Centre	1,071,067.55 ₩	371,609.07-1,858,045.34
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,243,886.83 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.21	3.00-5.60

Prices in South Korea

This country had 3514 entries in the past 12 months by 418 different contributors.
Last update: October 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References