Cost of Living in South Korea
If you've ever considered moving to South Korea, one of the first questions that likely crossed your mind is, "What is the cost of living in South Korea?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in South Korea and whether the reported $1993 per month figure aligns with the average monthly salary of $2010.65.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
5.56 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
34.75 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.86 $ |
|
|
Domestic Beer (1 pint draught) |
2.78 $ |
|
|
Imported Beer (12 oz small bottle) |
4.17 $ |
|
|
Cappuccino (regular) |
3.25 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
1.24 $ |
|
|
Water (12 oz small bottle) |
0.65 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.82 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.3 $ |
|
|
Rice (white), (1 lb) |
3.22 $ |
|
|
Eggs (regular) (12) |
2.91 $ |
|
|
Local Cheese (1 lb) |
12.49 $ |
|
|
Chicken Fillets (1 lb) |
8.13 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
28.53 $ |
|
|
Apples (1 lb) |
5.73 $ |
|
|
Banana (1 lb) |
3.09 $ |
|
|
Oranges (1 lb) |
4.92 $ |
|
|
Tomato (1 lb) |
5.04 $ |
|
|
Potato (1 lb) |
3.18 $ |
|
|
Onion (1 lb) |
2.36 $ |
|
|
Lettuce (1 head) |
2.05 $ |
|
|
Water (1.5 liter bottle) |
0.96 $ |
|
|
Bottle of Wine (Mid-Range) |
13.9 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.85 $ |
|
|
Imported Beer (12 oz small bottle) |
2.19 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
3.13 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.9 $ |
|
|
Monthly Pass (Regular Price) |
38.22 $ |
|
|
Taxi Start (Normal Tariff) |
2.43 $ |
|
|
Taxi 1 mile (Normal Tariff) |
0.69 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
8.34 $ |
|
|
Gasoline (1 gallon) |
1.22 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24545.84 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21911.65 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
127.06 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.15 $ |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
19.3 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
42.31 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
16.69 $ |
|
|
Cinema, International Release, 1 Seat |
8.34 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
325.01 $ |
|
|
International Primary School, Yearly for 1 Child |
18484.27 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
50.47 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.18 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
65.02 $ |
|
|
1 Pair of Men Leather Business Shoes |
95.42 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
445.59 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
309.71 $ |
|
|
Apartment (3 bedrooms) in City Centre |
1100.29 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
723.08 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
13976.44 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
7599.99 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
2010.65 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
3.52 % |
|