Cost of Living in South Korea (2024)

Restaurants

Edit RangeMeal, Inexpensive Restaurant 10,000.00₩7,000.00-15,000.00 Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00₩35,000.00-100,000.00 McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00₩7,000.00-9,600.00 Domestic Beer (1 pint draught) 4,500.00₩2,994.73-6,646.25 Imported Beer (12 oz small bottle) 6,000.00₩4,000.00-9,000.00 Cappuccino (regular) 4,988.97₩3,000.00-6,500.00 co*ke/Pepsi (12 oz small bottle) 2,040.64₩1,500.00-3,100.00 Water (12 oz small bottle) 1,055.84₩800.00-1,700.00

Markets

Edit Milk (regular), (1 gallon) 11,037.98₩7,570.83-15,141.65 Loaf of Fresh White Bread (1 lb) 3,792.30₩2,540.12-8,164.67 Rice (white), (1 lb) 1,904.24₩1,133.98-3,175.15 Eggs (regular) (12) 4,284.73₩2,400.00-7,975.50 Local Cheese (1 lb) 7,654.91₩4,535.93-15,875.75 Chicken Fillets (1 lb) 5,532.88₩2,721.56-8,164.67 Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 19,169.98₩8,164.67-34,019.47 Apples (1 lb) 4,574.50₩1,814.37-6,803.89 Banana (1 lb) 2,152.14₩1,360.78-4,535.93 Oranges (1 lb) 3,677.75₩1,360.78-6,667.82 Tomato (1 lb) 3,390.77₩1,360.78-5,443.11 Potato (1 lb) 2,407.76₩1,220.16-4,535.93 Onion (1 lb) 1,887.63₩907.19-3,014.69 Lettuce (1 head) 3,284.74₩1,500.00-5,000.00 Water (1.5 liter bottle) 1,568.90₩800.00-2,000.00 Bottle of Wine (Mid-Range) 25,000.00₩12,000.00-45,000.00 Domestic Beer (0.5 liter bottle) 3,042.48₩2,000.00-5,000.00 Imported Beer (12 oz small bottle) 3,723.63₩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) 1,450.00₩1,300.00-1,700.00 Monthly Pass (Regular Price) 62,000.00₩50,000.00-90,000.00 Taxi Start (Normal Tariff) 4,500.00₩3,300.00-4,800.00 Taxi 1 mile (Normal Tariff) 1,287.48₩1,208.62-2,414.02 Taxi 1hour Waiting (Normal Tariff) 12,000.00₩11,612.00-20,000.00 Gasoline (1 gallon) 6,270.79₩5,980.95-7,192.28 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) 31,389,074.41₩28,000,000.00-35,700,000.00

Utilities (Monthly)

Edit Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 224,921.01₩140,000.00-369,236.11 Mobile Phone Monthly Plan with Calls and 10GB+ Data 58,626.96₩30,000.00-75,000.00 Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29,139.04₩18,000.00-45,000.00

Sports And Leisure

Edit Fitness Club, Monthly Fee for 1 Adult 65,836.74₩30,000.00-120,000.00 Tennis Court Rent (1 Hour on Weekend) 28,411.76₩12,000.00-44,000.00 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 485,826.09₩300,000.00-797,550.00 International Primary School, Yearly for 1 Child 28,651,464.94₩15,000,000.00-40,000,000.00

Clothing And Shoes

Edit 1 Pair of Jeans (Levis 501 Or Similar) 80,577.11₩50,000.00-150,000.00 1 Summer Dress in a Chain Store (Zara, H&M, ...) 63,747.43₩30,000.00-100,000.00 1 Pair of Nike Running Shoes (Mid-Range) 111,361.70₩70,000.00-180,000.00 1 Pair of Men Leather Business Shoes 151,599.63₩80,000.00-220,000.00

Rent Per Month

Edit Apartment (1 bedroom) in City Centre 748,010.08₩400,000.00-1,500,000.00 Apartment (1 bedroom) Outside of Centre 484,622.12₩300,000.00-900,000.00 Apartment (3 bedrooms) in City Centre 2,126,442.89₩1,000,000.00-4,800,000.00 Apartment (3 bedrooms) Outside of Centre 1,265,268.00₩650,000.00-2,500,000.00

Buy Apartment Price

Edit Price per Square Feet to Buy Apartment in City Centre 1,471,714.78₩568,561.87-2,787,068.00 Price per Square Feet to Buy Apartment Outside of Centre 1,039,040.43₩371,609.07-1,765,471.30

Salaries And Financing

Edit Average Monthly Net Salary (After Tax) 3,428,819.74₩ Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.743.30-6.04