Australia vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Australia South Korea
🚶 Cost of living one person
$2425
$1114
👨‍👩‍👧‍👦 Cost of living Family
$5719
$2777
🏠 One person rent
$1445
$477
🏘️ Family rent
$2426
$804
🍽️ Food expenses
$589
$437
🚐 Transport expenses
$239
$94.8
💳 Monthly salary after tax
$4122
$2268
💸 GDP per capita
$64604
$36239
😃 Human freedom index
8.79
8.15
❤️ Life expectancy
83.1
83.4
👮 Corruption perceptions index
76
63
🌐 English speaking %
92.8%
20%
🎓 Higher education
98
87
😀 Quality of life
96
87
🏙️ Population
27.2M
51.8M

The average cost of living in Australia ($2425) is 118% more expensive than in South Korea ($1114). Australia ranked 12th vs 80th 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 1.7 months in Australia compared to 2 months in South Korea. Ranked 4th and 23rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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
$16.4
$6.72
🥂 Dinner in a Restaurant, for 2
$75.8
$36.3
🥪 Fast food meal, equiv. McDonald's
$11.3
$5.73
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.04
$3.31
 Cappuccino
$3.96
$3.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.89
$1.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1653
$495
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1197
$325
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2975
$1123
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2074
$705
🔌 Utility Bill one person, electricity, heating, water, etc.
$117
$98.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$179
$153
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$53.6
$19.8
🏦 Mortgage Interest Rate for 20 Years
5.88%
4.17%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8768
$11512
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6090
$6605
Transportation
🚌 Local transport ticket
$3.04
$1.03
🎟️ Monthly ticket local transport
$97.1
$43.1
🚕 Taxi Ride, 8 km or 5 mi
$19.1
$8.65
 Gas / Petrol, 1 L or 0.26 gal
$1.33
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.71
$2
🍞 Bread, 0.5 kg or 1.1 lb
$2.53
$2.71
🍚 Rice, 1 kg or 2.2 lb
$2.15
$2.62
🥚 Eggs, x12
$5.46
$2.96
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.48
$7.68
🥩 Round Steak, 1 kg or 2.2 lb
$15.4
$20
🍏 Apples, 1 kg or 2.2 lb
$3.66
$6.24
🍌 Banana, 1 kg or 2.2 lb
$3.13
$3.17
🍊 Oranges, 1 kg or 2.2 lb
$3.28
$5.72
🍅 Tomato, 1 kg or 2.2 lb
$4.77
$5.38
🥔 Potato, 1 kg or 2.2 lb
$2.82
$3.24
🧅 Onion, 1 kg or 2.2 lb
$2.46
$2.31
🌊 Water, 1 L or 1 qt
$1.07
$0.76
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.75
$2.19
🍾 Wine (mid-priced), 750 mL bottle
$14.5
$15.5
🍺 Beer, 0.5 L or 16 fl oz
$4.96
$1.9
🚬 Cigarette pack
$24.5
$3.07
💊 Cold medicince, 1 week
$8.52
$4.3
🧴 Hair Shampoo
$5.44
$4.54
🧻 Toilet paper, 4 rolls
$3.16
$2.44
👄 Toothpaste, 1 tube
$3.02
$1.64
Other
🏋️ Gym Membership, 1 month
$51.8
$47.6
🎫 Cinema Ticket, 1 person
$15.5
$9.68
👩‍⚕️ Doctor's visit
$60.4
$53.5
💇 Haircut, simple
$22
$9.42
👖 Brand Jeans
$79.8
$57.3
👟 Brand Sneakers
$117
$72.6
👶 Daycare or Preschool, 1 month
$2052
$404
🏫 International Primary School, 1 year
$19056
$17691

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
Melbourne
$2496
5.35M
Sydney
$2844
5.45M
Brisbane
$2269
2.71M
Perth
$2448
2.14M
Adelaide
$2338
1.39M
Gold Coast
$2528
608K
Canberra
$2223
381K
Wollongong
$1695
262K
Sunshine Coast
$1835
284K
Ipswich
$1813
233K
Hobart
$2308
197K
Townsville
$1839
174K
Geelong
$2217
180K
Darwin
$1861
140K
Newcastle
$1997
153K
Cairns
$1695
147K
Ballarat
$1604
116K
Bunbury
$1838
75.2K
Bendigo
$1487
103K
Toowoomba
$1766
108K
Launceston
$1753
80.9K
Melton
$1906
76.3K
Rockhampton
$1635
63.2K
Hervey Bay
$1864
57.7K
Tarneit
$1822
56.4K
Blacktown
$1710
51K
Orange
$1477
41.2K
Bundaberg
$1727
70.5K
Gladstone
$1640
34.7K
Wagga Wagga
$1583
49.7K

In South Korea

City Cost of living Population
Seoul
$1363
9.67M
Busan
$1114
3.45M
Incheon
$1057
3.05M
Daegu
$1043
2.38M
Gwangju
$1062
1.41M
Daejeon
$922
1.48M
Ulsan
$1020
1.13M
Suwon
$1030
1.23M
Seongnam
$1425
919K
Yongin
$1102
1.08M
Cheongju
$903
848K
Hwaseong
$1076
1M
Changwon
$1032
1.01M
Namyangju
$1120
732K
Goyang
$1092
1.06M
Gimhae
$946
534K
Jeju
$1064
698K
Siheung
$1292
514K
Pyeongtaek
$1095
607K
Pohang
$1030
504K
Cheonan
$1121
657K
Bucheon
$1167
772K
Uijeongbu
$913
463K
Jeju Island
$1079
666K
Paju
$1049
498K
Ansan
$1044
623K
Gwangju
$1179
397K
Hanam
$1162
330K
Gunsan
$1002
275K
Sejong
$986
392K