Cost of Living in South Korea (2024)

Restaurants

Edit RangeMeal, Inexpensive Restaurant 9,000.00₩7,000.00-15,000.00 Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00₩32,000.00-100,000.00 McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00₩7,000.00-9,000.00 Domestic Beer (1 pint draught) 4,000.00₩2,600.00-6,300.00 Imported Beer (12 oz small bottle) 6,000.00₩4,000.00-8,000.00 Cappuccino (regular) 4,850.42₩3,000.00-6,500.00 co*ke/Pepsi (12 oz small bottle) 1,911.22₩1,500.00-3,000.00 Water (12 oz small bottle) 963.75₩800.00-1,500.00

Markets

Edit Milk (regular), (1 gallon) 10,538.83₩7,570.83-15,141.65 Loaf of Fresh White Bread (1 lb) 3,439.05₩2,267.96-7,257.49 Rice (white), (1 lb) 1,993.15₩1,088.62-3,628.74 Eggs (regular) (12) 4,377.24₩2,396.00-7,200.00 Local Cheese (1 lb) 7,351.05₩4,535.93-18,143.72 Chicken Fillets (1 lb) 5,080.28₩2,494.76-8,164.67 Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 19,546.39₩7,638.50-36,287.43 Apples (1 lb) 4,086.14₩1,360.78-6,803.89 Banana (1 lb) 2,095.47₩1,360.78-4,535.93 Oranges (1 lb) 3,506.65₩1,360.78-6,350.30 Tomato (1 lb) 3,290.26₩1,360.78-6,350.30 Potato (1 lb) 2,415.08₩1,088.62-4,535.93 Onion (1 lb) 1,778.50₩907.19-2,676.20 Lettuce (1 head) 3,086.40₩1,500.00-5,000.00 Water (1.5 liter bottle) 1,433.52₩700.00-2,000.00 Bottle of Wine (Mid-Range) 20,000.00₩10,000.00-35,000.00 Domestic Beer (0.5 liter bottle) 2,890.21₩1,900.00-4,500.00 Imported Beer (12 oz small bottle) 3,472.61₩2,000.00-6,000.00 Cigarettes 20 Pack (Marlboro) 4,500.00₩4,500.00-6,000.00

Transportation

Edit One-way Ticket (Local Transport) 1,375.00₩1,250.00-1,600.00 Monthly Pass (Regular Price) 60,000.00₩50,000.00-90,000.00 Taxi Start (Normal Tariff) 4,000.00₩3,300.00-4,800.00 Taxi 1 mile (Normal Tariff) 1,287.48₩1,200.57-2,414.02 Taxi 1hour Waiting (Normal Tariff) 12,000.00₩10,000.00-15,000.00 Gasoline (1 gallon) 6,566.24₩5,867.39-7,873.66 Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00₩37,731,000.00-38,400,000.00 Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,745,380.75₩28,000,000.00-35,000,000.00

Utilities (Monthly)

Edit Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 216,900.84₩141,666.67-300,000.00 Mobile Phone Monthly Plan with Calls and 10GB+ Data 64,492.86₩33,000.00-69,000.00 Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28,777.24₩20,000.00-50,000.00

Sports And Leisure

Edit Fitness Club, Monthly Fee for 1 Adult 61,914.48₩30,000.00-125,000.00 Tennis Court Rent (1 Hour on Weekend) 21,154.29₩10,000.00-30,000.00 Cinema, International Release, 1 Seat 14,000.00₩11,000.00-17,000.00

Childcare

Edit Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 463,357.14₩350,000.00-700,000.00 International Primary School, Yearly for 1 Child 28,197,449.68₩15,000,000.00-43,000,000.00

Clothing And Shoes

Edit 1 Pair of Jeans (Levis 501 Or Similar) 76,163.93₩35,000.00-125,000.00 1 Summer Dress in a Chain Store (Zara, H&M, ...) 56,547.60₩30,000.00-100,000.00 1 Pair of Nike Running Shoes (Mid-Range) 108,233.74₩65,000.00-160,000.00 1 Pair of Men Leather Business Shoes 150,325.39₩80,000.00-250,000.00

Rent Per Month

Edit Apartment (1 bedroom) in City Centre 662,941.18₩400,000.00-1,500,000.00 Apartment (1 bedroom) Outside of Centre 470,506.71₩300,000.00-850,000.00 Apartment (3 bedrooms) in City Centre 1,931,692.65₩850,000.00-4,500,000.00 Apartment (3 bedrooms) Outside of Centre 1,152,566.21₩600,000.00-2,900,000.00

Buy Apartment Price

Edit Price per Square Feet to Buy Apartment in City Centre 1,469,874.71₩557,413.60-2,972,872.54 Price per Square Feet to Buy Apartment Outside of Centre 1,026,130.38₩371,609.07-1,727,982.16

Salaries And Financing

Edit Average Monthly Net Salary (After Tax) 3,220,864.44₩ Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.353.00-6.00

This country had 3677 entries in the past 12 months by 451 different contributors.
Last update: December 2023
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Now, let's delve into the comprehensive information provided in the article, covering various aspects of daily life in the specified location.

Restaurants:

RangeMeal, Inexpensive Restaurant:
- Average cost: 9,000.00₩
- Range: 7,000.00-15,000.00₩
Meal for 2 People, Mid-range Restaurant, Three-course:
- Average cost: 50,000.00₩
- Range: 32,000.00-100,000.00₩
McMeal at McDonald's (or Equivalent Combo Meal):
See Also
13 tips for visiting South Korea on a budget
- Average cost: 8,000.00₩
- Range: 7,000.00-9,000.00₩
Beverages:
- Domestic Beer (1 pint draught): 4,000.00₩
- Imported Beer (12 oz small bottle): 6,000.00₩
- Cappuccino (regular): 4,850.42₩
- co*ke/Pepsi (12 oz small bottle): 1,911.22₩
- Water (12 oz small bottle): 963.75₩

Markets:

Groceries:
- Milk (1 gallon): 10,538.83₩
- Loaf of Fresh White Bread (1 lb): 3,439.05₩
- Rice (white, 1 lb): 1,993.15₩
- Eggs (regular, 12): 4,377.24₩
- Local Cheese (1 lb): 7,351.05₩
Proteins:
- Chicken Fillets (1 lb): 5,080.28₩
- Beef Round (1 lb): 19,546.39₩
Fruits and Vegetables:
- Apples (1 lb): 4,086.14₩
- Banana (1 lb): 2,095.47₩
- Oranges, Tomato, Potato, Onion (1 lb each): Varying prices
Other Items:
- Lettuce (1 head): 3,086.40₩
- Water (1.5 liter bottle): 1,433.52₩
- Bottle of Wine (Mid-Range): 20,000.00₩

Transportation:

Public Transport:
- One-way Ticket (Local Transport): 1,375.00₩
- Monthly Pass: 60,000.00₩
Taxi Services:
- Start/1 mile/1 hour Waiting (Normal Tariff): Varying prices
- Gasoline (1 gallon): 6,566.24₩
Car Prices:
- Volkswagen Golf 1.4: 37,731,000.00₩
- Toyota Corolla Sedan 1.6l: 31,745,380.75₩

Utilities (Monthly):

Basic Utilities:
- Electricity, Heating, Cooling, Water, Garbage (for 915 sq ft Apartment): 216,900.84₩
Communication:
- Mobile Phone Monthly Plan: 64,492.86₩
- Internet (60 Mbps or More, Unlimited Data, Cable/ADSL): 28,777.24₩

Sports And Leisure:

Fitness and Recreation:
- Fitness Club, Monthly Fee for 1 Adult: 61,914.48₩
- Tennis Court Rent (1 Hour on Weekend): 21,154.29₩
- Cinema, International Release, 1 Seat: 14,000.00₩

Childcare:

Education:
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child: 463,357.14₩
- International Primary School, Yearly for 1 Child: 28,197,449.68₩

Clothing And Shoes:

Clothing:
- 1 Pair of Jeans (Levis 501 Or Similar): 76,163.93₩
- 1 Summer Dress in a Chain Store (Zara, H&M, ...): 56,547.60₩
Footwear:
- 1 Pair of Nike Running Shoes (Mid-Range): 108,233.74₩
- 1 Pair of Men Leather Business Shoes: 150,325.39₩

Rent And Real Estate:

Monthly Rent:
- Apartment (1 bedroom) in City Centre: 662,941.18₩
- Apartment (1 bedroom) Outside of Centre: 470,506.71₩
- Apartment (3 bedrooms) in City Centre: 1,931,692.65₩
- Apartment (3 bedrooms) Outside of Centre: 1,152,566.21₩
Real Estate Prices:
- Price per Square Feet to Buy Apartment in City Centre: 1,469,874.71₩
- Price per Square Feet to Buy Apartment Outside of Centre: 1,026,130.38₩

Salaries And Financing:

Income and Mortgage:
- Average Monthly Net Salary (After Tax): 3,220,864.44₩
- Mortgage Interest Rate (Yearly, Fixed-Rate, 20 Years): 4.353.00-6.00%

The data provided is comprehensive and reflective of the cost of living in the specified location, encompassing various aspects of daily life, from dining and transportation to housing and education.