Australia vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Australia South Korea
🚶 Cost of living one person
$2121
$1116
👨‍👩‍👧‍👦 Cost of living Family
$4963
$3042
🏠 One person rent
$1235
$466
🏘️ Family rent
$2059
$1019
🍽️ Food expenses
$522
$454
🚐 Transport expenses
$226
$93.9
💳 Monthly salary after tax
$3791
$2217
💸 GDP per capita
$64821
$33121
😃 Human freedom index
8.8
8.23
❤️ Life expectancy
83.2
82.7
👮 Corruption perceptions index
77
64
🌐 English speaking %
92.8%
20%
🎓 Higher education
98
87
😀 Quality of life
95
84
🏙️ Population
26.5M
51.5M

The average cost of living in Australia ($2121) is 90% more expensive than in South Korea ($1116). Australia ranked 12th vs 64th 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 1.8 months in Australia compared to 2 months in South Korea. Ranked 3rd and 23rd 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
$6.8
🥂 Dinner in a Restaurant, for 2
$67.8
$35.8
🥪 Fast food meal, equiv. McDonald's
$9.58
$5.46
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.26
$3.21
 Cappuccino
$3.38
$3.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.54
$1.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1377
$484
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1014
$320
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2515
$1204
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1692
$767
🔌 Utility Bill one person, electricity, heating, water, etc.
$101
$93.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$154
$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.8
$20.1
🏦 Mortgage Interest Rate for 20 Years
6.35%
4.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7979
$10274
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5396
$6790
Transportation
🚌 Local transport ticket
$2.65
$1.02
🎟️ Monthly ticket local transport
$92
$42
🚕 Taxi Ride, 8 km or 5 mi
$19
$8.77
 Gas / Petrol, 1 L or 0.26 gal
$1.2
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.41
$2.01
🍞 Bread, 0.5 kg or 1.1 lb
$2.14
$2.89
🍚 Rice, 1 kg or 2.2 lb
$1.94
$2.8
🥚 Eggs, x12
$4.4
$3.01
🧀 Cheese, 1 kg or 2.2 lb
$9.79
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.79
$8.28
🥩 Round Steak, 1 kg or 2.2 lb
$13.7
$26.5
🍏 Apples, 1 kg or 2.2 lb
$3.11
$6.94
🍌 Banana, 1 kg or 2.2 lb
$2.71
$3.23
🍊 Oranges, 1 kg or 2.2 lb
$2.92
$5.68
🍅 Tomato, 1 kg or 2.2 lb
$3.89
$5.28
🥔 Potato, 1 kg or 2.2 lb
$2.39
$3.8
🧅 Onion, 1 kg or 2.2 lb
$2.13
$2.78
🌊 Water, 1 L or 1 qt
$0.96
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.44
$2.32
🍾 Wine (mid-priced), 750 mL bottle
$12.8
$16.7
🍺 Beer, 0.5 L or 16 fl oz
$4.42
$2.03
🚬 Cigarette pack
$25.8
$3.12
💊 Cold medicince, 1 week
$6.25
$4.67
🧴 Hair Shampoo
$5.28
$5.24
🧻 Toilet paper, 4 rolls
$2.83
$2.2
👄 Toothpaste, 1 tube
$2.96
$2.07
Other
🏋️ Gym Membership, 1 month
$46.4
$48.6
🎫 Cinema Ticket, 1 person
$14.2
$9.93
👩‍⚕️ Doctor's visit
$53.9
$42.5
💇 Haircut, simple
$19.4
$7.71
👖 Brand Jeans
$73.1
$64.9
👟 Brand Sneakers
$104
$78.9
👶 Daycare or Preschool, 1 month
$1641
$407
🏫 International Primary School, 1 year
$14725
$18055

Cost of living in other countries

Cost of living

Cities Comparison in Australia vs South Korea

More countries to compare

Cost of Living in Popular cities

In Australia

City Cost of living Population
Sydney
$2539
4.84M
Melbourne
$2194
5.03M
Brisbane
$2016
2.71M
Perth
$2075
2.14M
Adelaide
$1978
1.39M
Gold Coast
$2239
608K
Canberra
$2023
381K
Wollongong
$1416
262K
Sunshine Coast
$1709
284K
Ipswich
$1677
233K
Hobart
$2106
197K
Townsville
$1667
174K
Geelong
$1981
180K
Newcastle
$1448
153K
Darwin
$1617
140K
Cairns
$1335
147K
Ballarat
$1390
116K
Bunbury
$1643
75.2K
Toowoomba
$1504
108K
Bendigo
$1291
103K
Melton
$1668
76.3K
Launceston
$1651
80.9K
Coffs Harbour
$1963
74.2K
Rockhampton
$1411
63.2K
Pakenham
$1654
54.1K
Tarneit
$1625
56.4K
Hervey Bay
$1638
57.7K
Berwick
$1643
50.3K
Frankston
$1671
37.3K
Kalgoorlie
$1440
30.8K

In South Korea

City Cost of living Population
Seoul
$1334
9.67M
Busan
$1060
3.45M
Incheon
$1092
2.94M
Daegu
$995
2.38M
Suwon
$1022
1.23M
Daejeon
$992
1.48M
Gwangju
$1101
1.49M
Ulsan
$1059
1.13M
Cheongju
$936
852K
Seongnam
$1400
919K
Yongin
$1127
1.08M
Changwon
$1075
1.01M
Hwaseong
$1089
941K
Goyang
$1171
1.06M
Namyangju
$1129
732K
Gimhae
$959
534K
Siheung
$1283
520K
Jeju Island
$1080
678K
Bucheon
$1163
772K
Pyeongtaek
$984
590K
Cheonan
$1151
657K
Pohang
$988
504K
Uijeongbu
$955
463K
Ansan
$1070
623K
Paju
$1075
498K
Gwangju
$1165
397K
Jeju
$1037
492K
Hanam
$1161
330K
Sejong
$1019
386K
Gunsan
$1005
275K