Australia vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Australia South Korea
🚶 Cost of living one person
$2293
$1118
👨‍👩‍👧‍👦 Cost of living Family
$5326
$3093
🏠 One person rent
$1346
$471
🏘️ Family rent
$2253
$1095
🍽️ Food expenses
$541
$454
🚐 Transport expenses
$261
$98.5
💳 Monthly salary after tax
$3598
$2392
💸 GDP per capita
$65100
$32423
😃 Human freedom index
8.52
8.12
❤️ Life expectancy
83.3
83.5
👮 Corruption perceptions index
75
63
🌐 English speaking %
92.8%
20%
🎓 Higher education
98
87
😀 Quality of life
94
87
🏙️ Population
25.7M
51.5M

The average cost of living in Australia ($2293) is 105% more expensive than in South Korea ($1118). Australia ranked 10th vs 62nd for South Korea in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.6 months in Australia compared to 2.1 months in South Korea. Ranked 6th and 20th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Australia vs South Korea infographic

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Prices in Australia vs South Korea

We calculate prices for Australia and South Korea as a population-weighted mean of 64 and 87 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Australia South Korea
Eating Out
🍱 Lunch Menu
$14.6
$6.47
🥂 Dinner in a Restaurant, for 2
$69.9
$35
🥪 Fast food meal, equiv. McDonald's
$9.69
$5.62
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7
$3.31
 Cappuccino
$3.39
$3.63
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.54
$1.46
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1435
$466
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1105
$323
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2728
$1256
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1832
$839
🔌 Utility Bill one person, electricity, heating, water, etc.
$122
$99.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$187
$153
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$53.9
$20.9
🏦 Mortgage Interest Rate for 20 Years
6.49%
4.46%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$10620
$10104
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7615
$6925
Transportation
🚌 Local transport ticket
$3.02
$1.06
🎟️ Monthly ticket local transport
$112
$44.3
🚕 Taxi Ride, 8 km or 5 mi
$21.6
$9.06
 Gas / Petrol, 1 L or 0.26 gal
$1.27
$1.24
Groceries
🥛 Milk, 1 L or 1 qt
$1.41
$2.07
🍞 Bread, 0.5 kg or 1.1 lb
$2.33
$2.86
🍚 Rice, 1 kg or 2.2 lb
$2.15
$3.19
🥚 Eggs, x12
$4.01
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$10.7
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.62
$8.08
🥩 Round Steak, 1 kg or 2.2 lb
$14
$31.2
🍏 Apples, 1 kg or 2.2 lb
$3.24
$6.08
🍌 Banana, 1 kg or 2.2 lb
$2.62
$3.32
🍊 Oranges, 1 kg or 2.2 lb
$2.99
$5.58
🍅 Tomato, 1 kg or 2.2 lb
$4.01
$5.12
🥔 Potato, 1 kg or 2.2 lb
$2.44
$3.6
🧅 Onion, 1 kg or 2.2 lb
$2.14
$2.97
🌊 Water, 1 L or 1 qt
$1.13
$0.68
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$2.53
🍾 Wine (mid-priced), 750 mL bottle
$12.5
$15.3
🍺 Beer, 0.5 L or 16 fl oz
$4.95
$2.1
🚬 Cigarette pack
$27
$3.35
💊 Cold medicince, 1 week
$7.51
$4.94
🧴 Hair Shampoo
$4.43
$5.38
🧻 Toilet paper, 4 rolls
$2.76
$2.37
👄 Toothpaste, 1 tube
$2.83
$2.13
Other
🏋️ Gym Membership, 1 month
$52
$51.9
🎫 Cinema Ticket, 1 person
$14.1
$9.9
👩‍⚕️ Doctor's visit
$55.3
$28.1
💇 Haircut, simple
$17.8
$8.02
👖 Brand Jeans
$82.6
$62.1
👟 Brand Sneakers
$116
$78
👶 Daycare or Preschool, 1 month
$1641
$385
🏫 International Primary School, 1 year
$15406
$17694

Cost of living in other countries

Cost of living

Cities Comparison in Australia vs South Korea

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Cost of Living in Popular cities

In Australia

City Cost of living Population
Sydney
$2741
4.84M
Melbourne
$2356
4.53M
Brisbane
$2356
2.36M
Perth
$2292
2.14M
Adelaide
$2180
1.3M
Gold Coast
$2152
638K
Canberra
$2604
381K
Wollongong
$1430
262K
Sunshine Coast
$1843
284K
Ipswich
$1785
233K
Hobart
$2203
222K
Townsville
$1249
174K
Geelong
$1688
191K
Newcastle
$1461
153K
Darwin
$1859
140K
Cairns
$1397
147K
Launceston
$1723
106K
Ballarat
$1327
116K
Bendigo
$1317
103K
Bunbury
$1601
71.1K
Toowoomba
$1552
108K
Melton
$1708
72.2K
Rockhampton
$1413
63.2K
Wagga Wagga
$1528
67.4K
Pakenham
$1719
54.1K
Orange
$1463
41.2K
Tarneit
$1658
56.4K
Frankston
$1707
37.3K
Berwick
$1716
50.3K
Hervey Bay
$1756
54.7K

In South Korea

City Cost of living Population
Seoul
$1444
9.67M
Busan
$1029
3.45M
Incheon
$1020
2.94M
Daegu
$1113
2.44M
Daejeon
$924
1.48M
Gwangju
$1147
1.49M
Suwon
$987
1.23M
Ulsan
$1078
1.15M
Seongnam
$1121
949K
Changwon
$1073
1.05M
Cheongju
$903
849K
Yongin
$1256
971K
Jeju Island
$1056
678K
Goyang
$1144
1.06M
Hwaseong
$1088
904K
Namyangju
$1106
713K
Bucheon
$1152
793K
Gimhae
$907
534K
Jeju
$1003
435K
Cheonan
$940
652K
Ansan
$1127
653K
Siheung
$1081
425K
Uijeongbu
$986
463K
Anyang
$1097
548K
Gunsan
$975
275K
Pohang
$989
504K
Masan
$1006
430K
Jeonju
$787
653K
Pyeongtaek
$924
458K
Paju
$1072
415K