Cost of Living in South Korea vs Malawi comparison
South Korea
Explore South Korea, a captivating country with a population of 51,466,201. Embrace a comfortable lifestyle with an average cost of living at $1993 and a median after-tax salary of $2010.65. Enjoy dining at diverse restaurants for $57, shop for essentials at bustling markets with an average of $107, and entrust your childcare needs to facilities costing approximately $18809annually. Keep your wardrobe fresh with a clothing budget of $247and secure a lovely home for $2578per month. South Korea also offers an attractive average salary of $2010.65. Immerse yourself in the beauty of South Korea, where rich culture meets affordability.
Malawi
Discover Malawi, a captivating country with a population of 18,622,104. Experience a comfortable way of life, where the average cost of living stands at $1228, and the median after-tax salary amounts to $367.18. Savor the culinary delights of Malawi at various restaurants for an average of $43, explore bustling markets with essentials priced at around $49, and entrust your childcare needs to facilities costing approximately $8174annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1612per month. Malawi also boasts an appealing average salary of $367.18. Immerse yourself in the beauty of Malawi, where affordability and cultural richness converge.
|
Restaurants |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
5.56 $ | 3.87 $ | 43 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
34.75 $ | 29.06 $ | 19 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.86 $ | 4.84 $ | -- |
|
Domestic Beer (1 pint draught) |
2.78 $ | 0.77 $ | 261 % |
|
Imported Beer (12 oz small bottle) |
4.17 $ | 1.74 $ | 139 % |
|
Cappuccino (regular) |
3.25 $ | 2.35 $ | 38 % |
|
Coke/Pepsi (12 oz small bottle) |
1.24 $ | 0.66 $ | 87 % |
|
Water (12 oz small bottle) |
0.65 $ | 0.38 $ | 71 % |
|
Markets |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.82 $ | 0.82 $ | 121 % |
|
Loaf of Fresh White Bread (1 lb) |
2.3 $ | 0.62 $ | 270 % |
|
Rice (white), (1 lb) |
3.22 $ | 0.88 $ | 265 % |
|
Eggs (regular) (12) |
2.91 $ | 1.42 $ | 104 % |
|
Local Cheese (1 lb) |
12.49 $ | 17.44 $ | -28 % |
|
Chicken Fillets (1 lb) |
8.13 $ | 2.44 $ | 233 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
28.53 $ | 3.37 $ | 746 % |
|
Apples (1 lb) |
5.73 $ | 2.43 $ | 135 % |
|
Banana (1 lb) |
3.09 $ | 1.16 $ | 166 % |
|
Oranges (1 lb) |
4.92 $ | 2.01 $ | 144 % |
|
Tomato (1 lb) |
5.04 $ | 1.45 $ | 247 % |
|
Potato (1 lb) |
3.18 $ | 1.14 $ | 178 % |
|
Onion (1 lb) |
2.36 $ | 1.51 $ | 56 % |
|
Lettuce (1 head) |
2.05 $ | 0.36 $ | 469 % |
|
Water (1.5 liter bottle) |
0.96 $ | 0.6 $ | 60 % |
|
Bottle of Wine (Mid-Range) |
13.9 $ | 6.3 $ | 120 % |
|
Domestic Beer (0.5 liter bottle) |
1.85 $ | 0.86 $ | 115 % |
|
Imported Beer (12 oz small bottle) |
2.19 $ | 1.34 $ | 63 % |
|
Cigarettes 20 Pack (Marlboro) |
3.13 $ | 2.91 $ | 7 % |
|
Transportation |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.9 $ | 0.48 $ | 87 % |
|
Monthly Pass (Regular Price) |
38.22 $ | 44.42 $ | -13 % |
|
Taxi Start (Normal Tariff) |
2.43 $ | 3.63 $ | -33 % |
|
Taxi 1 mile (Normal Tariff) |
0.69 $ | 0.34 $ | 102 % |
|
Taxi 1hour Waiting (Normal Tariff) |
8.34 $ | 0.97 $ | 759 % |
|
Gasoline (1 gallon) |
1.22 $ | 0.99 $ | 23 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24545.84 $ | 26639.49 $ | -7 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21911.65 $ | 24863.52 $ | -11 % |
|
Utilities (Monthly) |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
127.06 $ | 51.05 $ | 148 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.15 $ | 0.07 $ | 114 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
19.3 $ | 139.63 $ | -86 % |
|
Sports And Leisure |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
42.31 $ | 37.13 $ | 13 % |
|
Tennis Court Rent (1 Hour on Weekend) |
16.69 $ | 6.3 $ | 164 % |
|
Cinema, International Release, 1 Seat |
8.34 $ | 4.44 $ | 87 % |
|
Childcare |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
325.01 $ | 222.8 $ | 45 % |
|
International Primary School, Yearly for 1 Child |
18484.27 $ | 7951.84 $ | 132 % |
|
Clothing And Shoes |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
50.47 $ | 35.03 $ | 44 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.18 $ | 20.1 $ | 79 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
65.02 $ | 61.34 $ | 5 % |
|
1 Pair of Men Leather Business Shoes |
95.42 $ | 62.47 $ | 52 % |
|
Rent Per Month |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
445.59 $ | 334.95 $ | 33 % |
|
Apartment (1 bedroom) Outside of Centre |
309.71 $ | 174.32 $ | 77 % |
|
Apartment (3 bedrooms) in City Centre |
1100.29 $ | 615.41 $ | 78 % |
|
Apartment (3 bedrooms) Outside of Centre |
723.08 $ | 487.48 $ | 48 % |
|
Buy Apartment Price |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
13976.44 $ | 16145.87 $ | -13 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
7599.99 $ | 1162.45 $ | 553 % |
|
Salaries And Financing |
South Korea |
Malawi |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
2010.65 $ | 367.18 $ | 447 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
3.52 % | 20.67 % | -82 % |