Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 9,750.00 ₩ 7,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 50,150.00 ₩ 33,146.35-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 ₩ 7,000.00-9,500.00
Domestic Beer (1 pint draught) 4,500.00 ₩ 2,800.00-6,905.49
Imported Beer (12 oz small bottle) 6,000.00 ₩ 4,000.00-9,000.00
Cappuccino (regular) 5,006.47 ₩ 3,000.00-6,905.49
Coke/Pepsi (12 oz small bottle) 2,000.04 ₩ 1,500.00-3,300.00
Water (12 oz small bottle) 1,032.18 ₩ 800.00-1,700.00
Markets
Edit
Milk (regular), (1 gallon) 10,687.33 ₩ 7,570.83-14,763.11
Loaf of Fresh White Bread (1 lb) 3,587.82 ₩ 2,267.96-8,164.67
Rice (white), (1 lb) 1,925.44 ₩ 1,133.98-3,628.74
Eggs (regular) (12) 4,297.11 ₩ 2,400.00-7,200.00
Local Cheese (1 lb) 7,216.04 ₩ 4,535.93-15,875.75
Chicken Fillets (1 lb) 5,235.63 ₩ 2,494.76-7,529.64
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 19,475.55 ₩ 8,164.67-36,287.43
Apples (1 lb) 4,098.64 ₩ 1,360.78-6,803.89
Banana (1 lb) 2,089.14 ₩ 1,360.78-4,535.93
Oranges (1 lb) 3,547.76 ₩ 1,360.78-6,350.30
Tomato (1 lb) 3,354.20 ₩ 1,360.78-5,896.71
Potato (1 lb) 2,412.15 ₩ 1,088.62-4,535.93
Onion (1 lb) 1,786.48 ₩ 907.19-2,540.12
Lettuce (1 head) 3,149.02 ₩ 1,500.00-4,900.00
Water (1.5 liter bottle) 1,454.34 ₩ 800.00-2,000.00
Bottle of Wine (Mid-Range) 20,000.00 ₩ 10,000.00-38,363.84
Domestic Beer (0.5 liter bottle) 2,945.90 ₩ 2,000.00-4,500.00
Imported Beer (12 oz small bottle) 3,615.47 ₩ 2,500.00-7,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00-5,500.00
Transportation
Edit
One-way Ticket (Local Transport) 1,450.00 ₩ 1,250.00-1,600.00
Monthly Pass (Regular Price) 60,000.00 ₩ 50,000.00-70,000.00
Taxi Start (Normal Tariff) 4,300.00 ₩ 3,300.00-4,800.00
Taxi 1 mile (Normal Tariff) 1,609.34 ₩ 1,208.62-2,253.08
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩ 11,250.00-20,000.00
Gasoline (1 gallon) 6,299.62 ₩ 5,980.95-7,381.55
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩ 37,731,000.00-38,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,621,958.68 ₩ 28,000,000.00-35,250,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 223,293.23 ₩ 141,666.67-300,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63,767.86 ₩ 33,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29,378.02 ₩ 20,000.00-50,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 62,860.80 ₩ 30,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend) 22,712.00 ₩ 10,000.00-30,000.00
Cinema, International Release, 1 Seat 14,750.00 ₩ 12,000.00-17,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 470,720.00 ₩ 350,000.00-762,000.00
International Primary School, Yearly for 1 Child 28,068,166.70 ₩ 15,000,000.00-44,500,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 77,799.19 ₩ 40,000.00-125,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 57,119.03 ₩ 30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range) 109,500.00 ₩ 65,000.00-160,000.00
1 Pair of Men Leather Business Shoes 151,575.39 ₩ 80,000.00-200,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 668,750.00 ₩ 400,000.00-1,500,000.00
Apartment (1 bedroom) Outside of Centre 490,125.00 ₩ 300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre 2,020,909.09 ₩ 850,000.00-4,500,000.00
Apartment (3 bedrooms) Outside of Centre 1,216,236.18 ₩ 600,000.00-2,500,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,454,176.39 ₩ 557,413.60-2,787,068.00
Price per Square Feet to Buy Apartment Outside of Centre 985,406.93 ₩ 360,460.80-1,727,982.16
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,270,197.01 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.65 3.30-6.50

Prices in South Korea

This country had 2737 entries in the past 12 months by 324 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
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