Australia vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Australia South Korea
🚶 Cost of living one person
$2460
$1074
👨‍👩‍👧‍👦 Cost of living Family
$5814
$2688
🏠 One person rent
$1470
$470
🏘️ Family rent
$2471
$787
🍽️ Food expenses
$593
$417
🚐 Transport expenses
$241
$89.7
💳 Monthly salary after tax
$4220
$2138
💸 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 %
91.1%
20%
🎓 Higher education
98
87
😀 Quality of life
97
87
🏙️ Population
27.2M
51.8M

The average cost of living in Australia ($2460) is 129% more expensive than in South Korea ($1074). Australia ranked 11th vs 86th 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
$16.2
$6.41
🥂 Dinner in a Restaurant, for 2
$75.6
$35.3
🥪 Fast food meal, equiv. McDonald's
$11.3
$5.45
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.26
$3.16
 Cappuccino
$4.03
$3.29
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.89
$1.41
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1697
$486
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1204
$319
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2994
$1137
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2097
$698
🔌 Utility Bill one person, electricity, heating, water, etc.
$117
$98.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$179
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$52.7
$19.2
🏦 Mortgage Interest Rate for 20 Years
5.8%
4.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8713
$11577
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6062
$6055
Transportation
🚌 Local transport ticket
$3.01
$0.99
🎟️ Monthly ticket local transport
$98.4
$40.7
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$8.06
 Gas / Petrol, 1 L or 0.26 gal
$1.36
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$1.67
$1.88
🍞 Bread, 0.5 kg or 1.1 lb
$2.48
$2.54
🍚 Rice, 1 kg or 2.2 lb
$2.13
$2.51
🥚 Eggs, x12
$5.54
$2.65
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.63
$7.7
🥩 Round Steak, 1 kg or 2.2 lb
$15.3
$17.8
🍏 Apples, 1 kg or 2.2 lb
$3.82
$6.64
🍌 Banana, 1 kg or 2.2 lb
$3.09
$3.08
🍊 Oranges, 1 kg or 2.2 lb
$3.21
$5.66
🍅 Tomato, 1 kg or 2.2 lb
$4.82
$4.93
🥔 Potato, 1 kg or 2.2 lb
$2.88
$3
🧅 Onion, 1 kg or 2.2 lb
$2.41
$2.35
🌊 Water, 1 L or 1 qt
$1.05
$0.69
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$2.03
🍾 Wine (mid-priced), 750 mL bottle
$14.5
$15.1
🍺 Beer, 0.5 L or 16 fl oz
$4.85
$1.9
🚬 Cigarette pack
$26.1
$2.95
💊 Cold medicince, 1 week
$7.91
$4.01
🧴 Hair Shampoo
$5.41
$4.25
🧻 Toilet paper, 4 rolls
$3.38
$2.09
👄 Toothpaste, 1 tube
$3.22
$1.52
Other
🏋️ Gym Membership, 1 month
$55.3
$45.7
🎫 Cinema Ticket, 1 person
$16
$9.37
👩‍⚕️ Doctor's visit
$61.5
$45.2
💇 Haircut, simple
$22.8
$8.07
👖 Brand Jeans
$80.5
$57
👟 Brand Sneakers
$116
$68.9
👶 Daycare or Preschool, 1 month
$2231
$465
🏫 International Primary School, 1 year
$20538
$18682

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
$2543
5.35M
Sydney
$2844
5.45M
Brisbane
$2323
2.71M
Perth
$2562
2.14M
Adelaide
$2355
1.39M
Gold Coast
$2530
608K
Canberra
$2258
381K
Wollongong
$1695
262K
Sunshine Coast
$1838
284K
Ipswich
$1825
233K
Hobart
$2364
197K
Townsville
$2015
174K
Cairns
$1851
147K
Darwin
$2065
140K
Geelong
$2179
180K
Newcastle
$1995
153K
Launceston
$1728
80.9K
Toowoomba
$1720
108K
Ballarat
$1606
116K
Bunbury
$1831
75.2K
Bendigo
$1493
103K
Melton
$1896
76.3K
Rockhampton
$1642
63.2K
Tarneit
$1813
56.4K
Pakenham
$1936
54.1K
Hervey Bay
$1883
57.7K
Berwick
$1915
50.3K
Blacktown
$1709
51K
Orange
$1460
41.2K
Gladstone
$1643
34.7K

In South Korea

City Cost of living Population
Seoul
$1296
9.67M
Busan
$1084
3.45M
Incheon
$1032
3.05M
Daegu
$992
2.38M
Gwangju
$957
1.41M
Daejeon
$905
1.48M
Suwon
$985
1.23M
Ulsan
$957
1.13M
Goyang
$1052
1.06M
Yongin
$1061
1.08M
Cheongju
$865
848K
Seongnam
$1455
919K
Hwaseong
$1045
1M
Changwon
$1013
1.01M
Namyangju
$1094
732K
Gimhae
$1014
534K
Jeju
$1020
698K
Pyeongtaek
$1048
607K
Pohang
$989
504K
Jeju Island
$1037
666K
Cheonan
$1128
657K
Bucheon
$1090
772K
Uijeongbu
$868
463K
Siheung
$1313
514K
Paju
$1010
498K
Ansan
$1001
623K
Gwangju
$1179
397K
Jeonju
$771
342K
Gunsan
$964
275K
Sejong
$971
392K