Cost of Living in South Korea

Summary of cost of living in South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 10,000.00 ₩ 7,800.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 50,300.00 ₩ 35,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 ₩ 7,200.00-9,900.00
Domestic Beer (1 pint draught) 5,000.00 ₩ 2,500.00-7,000.00
Imported Beer (12 oz small bottle) 7,000.00 ₩ 4,000.00-10,000.00
Cappuccino (regular) 5,049.76 ₩ 3,000.00-6,777.16
Coke/Pepsi (12 oz small bottle) 2,117.04 ₩ 1,500.00-3,100.00
Water (12 oz small bottle) 1,102.64 ₩ 900.00-1,800.00
Markets
Edit
Milk (regular), (1 gallon) 11,161.67 ₩ 7,570.83-15,141.65
Loaf of Fresh White Bread (1 lb) 3,850.12 ₩ 2,267.96-8,164.67
Rice (white), (1 lb) 1,857.29 ₩ 1,088.62-3,175.15
Eggs (regular) (12) 4,204.16 ₩ 2,400.00-7,200.00
Local Cheese (1 lb) 8,116.47 ₩ 4,535.93-18,143.72
Chicken Fillets (1 lb) 5,690.04 ₩ 2,721.56-8,164.67
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,244.03 ₩ 8,164.67-31,751.50
Apples (1 lb) 4,696.42 ₩ 2,263.43-7,711.08
Banana (1 lb) 2,146.72 ₩ 1,360.78-4,535.93
Oranges (1 lb) 3,634.70 ₩ 1,360.78-6,667.82
Tomato (1 lb) 3,580.52 ₩ 1,587.58-5,896.71
Potato (1 lb) 2,329.75 ₩ 1,133.98-3,658.51
Onion (1 lb) 1,849.47 ₩ 907.19-3,166.08
Lettuce (1 head) 3,347.65 ₩ 1,500.00-5,000.00
Water (1.5 liter bottle) 1,588.31 ₩ 800.00-2,000.00
Bottle of Wine (Mid-Range) 25,000.00 ₩ 15,000.00-45,000.00
Domestic Beer (0.5 liter bottle) 2,976.64 ₩ 2,000.00-5,000.00
Imported Beer (12 oz small bottle) 3,767.45 ₩ 2,000.00-7,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00-5,000.00
Transportation
Edit
One-way Ticket (Local Transport) 1,500.00 ₩ 1,350.00-1,700.00
Monthly Pass (Regular Price) 62,000.00 ₩ 55,000.00-90,000.00
Taxi Start (Normal Tariff) 4,500.00 ₩ 3,500.00-5,000.00
Taxi 1 mile (Normal Tariff) 1,367.94 ₩ 1,218.27-2,253.08
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩ 11,612.00-20,000.00
Gasoline (1 gallon) 6,265.33 ₩ 5,980.95-7,047.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩ 37,731,000.00-37,731,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,962,087.67 ₩ 28,455,490.33-35,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 235,773.46 ₩ 150,000.00-400,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 55,875.01 ₩ 30,000.00-75,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30,167.44 ₩ 20,000.00-45,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 69,109.47 ₩ 33,000.00-110,000.00
Tennis Court Rent (1 Hour on Weekend) 27,088.24 ₩ 10,000.00-45,000.00
Cinema, International Release, 1 Seat 15,000.00 ₩ 12,000.00-18,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 522,843.38 ₩ 322,624.61-1,300,000.00
International Primary School, Yearly for 1 Child 30,753,133.39 ₩ 20,000,000.00-42,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 79,275.23 ₩ 50,000.00-130,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 65,722.46 ₩ 30,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range) 113,962.91 ₩ 70,000.00-180,000.00
1 Pair of Men Leather Business Shoes 150,151.52 ₩ 80,000.00-217,771.61
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 774,373.00 ₩ 420,000.00-1,700,000.00
Apartment (1 bedroom) Outside of Centre 484,089.69 ₩ 300,000.00-900,000.00
Apartment (3 bedrooms) in City Centre 2,071,252.40 ₩ 1,000,000.00-4,800,000.00
Apartment (3 bedrooms) Outside of Centre 1,290,420.56 ₩ 650,000.00-2,565,986.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,603,194.64 ₩ 603,864.73-3,251,579.34
Price per Square Feet to Buy Apartment Outside of Centre 1,072,598.10 ₩ 371,609.07-1,858,045.34
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,200,920.23 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.63 3.50-6.00

Prices in South Korea

This country had 2363 entries in the past 12 months by 287 different contributors.
Last update: January 2025
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:
  
This page in other languages: