Cost of Living in Malawi vs South Korea comparison
Malawi
Explore Malawi, a captivating country with a population of 18,622,104. Embrace a comfortable lifestyle with an average cost of living at $1228 and a median after-tax salary of $367.18. Enjoy dining at diverse restaurants for $43, shop for essentials at bustling markets with an average of $49, and entrust your childcare needs to facilities costing approximately $8174annually. Keep your wardrobe fresh with a clothing budget of $178and secure a lovely home for $1612per month. Malawi also offers an attractive average salary of $367.18. Immerse yourself in the beauty of Malawi, where rich culture meets affordability.
South Korea
Discover South Korea, a captivating country with a population of 51,466,201. Experience a comfortable way of life, where the average cost of living stands at $1993, and the median after-tax salary amounts to $2010.65. Savor the culinary delights of South Korea at various restaurants for an average of $57, explore bustling markets with essentials priced at around $107, and entrust your childcare needs to facilities costing approximately $18809annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2578per month. South Korea also boasts an appealing average salary of $2010.65. Immerse yourself in the beauty of South Korea, where affordability and cultural richness converge.
|
Restaurants |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
3.87 $ | 5.56 $ | -30 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
29.06 $ | 34.75 $ | -16 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.84 $ | 4.86 $ | -- |
|
Domestic Beer (1 pint draught) |
0.77 $ | 2.78 $ | -72 % |
|
Imported Beer (12 oz small bottle) |
1.74 $ | 4.17 $ | -58 % |
|
Cappuccino (regular) |
2.35 $ | 3.25 $ | -27 % |
|
Coke/Pepsi (12 oz small bottle) |
0.66 $ | 1.24 $ | -46 % |
|
Water (12 oz small bottle) |
0.38 $ | 0.65 $ | -41 % |
|
Markets |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
0.82 $ | 1.82 $ | -54 % |
|
Loaf of Fresh White Bread (1 lb) |
0.62 $ | 2.3 $ | -73 % |
|
Rice (white), (1 lb) |
0.88 $ | 3.22 $ | -72 % |
|
Eggs (regular) (12) |
1.42 $ | 2.91 $ | -51 % |
|
Local Cheese (1 lb) |
17.44 $ | 12.49 $ | 39 % |
|
Chicken Fillets (1 lb) |
2.44 $ | 8.13 $ | -69 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
3.37 $ | 28.53 $ | -88 % |
|
Apples (1 lb) |
2.43 $ | 5.73 $ | -57 % |
|
Banana (1 lb) |
1.16 $ | 3.09 $ | -62 % |
|
Oranges (1 lb) |
2.01 $ | 4.92 $ | -59 % |
|
Tomato (1 lb) |
1.45 $ | 5.04 $ | -71 % |
|
Potato (1 lb) |
1.14 $ | 3.18 $ | -64 % |
|
Onion (1 lb) |
1.51 $ | 2.36 $ | -36 % |
|
Lettuce (1 head) |
0.36 $ | 2.05 $ | -82 % |
|
Water (1.5 liter bottle) |
0.6 $ | 0.96 $ | -37 % |
|
Bottle of Wine (Mid-Range) |
6.3 $ | 13.9 $ | -54 % |
|
Domestic Beer (0.5 liter bottle) |
0.86 $ | 1.85 $ | -53 % |
|
Imported Beer (12 oz small bottle) |
1.34 $ | 2.19 $ | -38 % |
|
Cigarettes 20 Pack (Marlboro) |
2.91 $ | 3.13 $ | -7 % |
|
Transportation |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.48 $ | 0.9 $ | -46 % |
|
Monthly Pass (Regular Price) |
44.42 $ | 38.22 $ | 16 % |
|
Taxi Start (Normal Tariff) |
3.63 $ | 2.43 $ | 49 % |
|
Taxi 1 mile (Normal Tariff) |
0.34 $ | 0.69 $ | -50 % |
|
Taxi 1hour Waiting (Normal Tariff) |
0.97 $ | 8.34 $ | -88 % |
|
Gasoline (1 gallon) |
0.99 $ | 1.22 $ | -18 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
26639.49 $ | 24545.84 $ | 8 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24863.52 $ | 21911.65 $ | 13 % |
|
Utilities (Monthly) |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
51.05 $ | 127.06 $ | -59 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.07 $ | 0.15 $ | -53 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
139.63 $ | 19.3 $ | 623 % |
|
Sports And Leisure |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
37.13 $ | 42.31 $ | -12 % |
|
Tennis Court Rent (1 Hour on Weekend) |
6.3 $ | 16.69 $ | -62 % |
|
Cinema, International Release, 1 Seat |
4.44 $ | 8.34 $ | -46 % |
|
Childcare |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
222.8 $ | 325.01 $ | -31 % |
|
International Primary School, Yearly for 1 Child |
7951.84 $ | 18484.27 $ | -56 % |
|
Clothing And Shoes |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
35.03 $ | 50.47 $ | -30 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
20.1 $ | 36.18 $ | -44 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
61.34 $ | 65.02 $ | -5 % |
|
1 Pair of Men Leather Business Shoes |
62.47 $ | 95.42 $ | -34 % |
|
Rent Per Month |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
334.95 $ | 445.59 $ | -24 % |
|
Apartment (1 bedroom) Outside of Centre |
174.32 $ | 309.71 $ | -43 % |
|
Apartment (3 bedrooms) in City Centre |
615.41 $ | 1100.29 $ | -44 % |
|
Apartment (3 bedrooms) Outside of Centre |
487.48 $ | 723.08 $ | -32 % |
|
Buy Apartment Price |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
16145.87 $ | 13976.44 $ | 15 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1162.45 $ | 7599.99 $ | -84 % |
|
Salaries And Financing |
Malawi |
South Korea |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
367.18 $ | 2010.65 $ | -81 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
20.67 % | 3.52 % | 487 % |