Ecuador vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Ecuador South Korea
🚶 Cost of living one person
$814
$1139
👨‍👩‍👧‍👦 Cost of living Family
$2057
$3162
🏠 One person rent
$338
$478
🏘️ Family rent
$591
$1088
🍽️ Food expenses
$297
$463
🚐 Transport expenses
$85.6
$101
💳 Monthly salary after tax
$523
$2364
💸 GDP per capita
$6533
$33121
😃 Human freedom index
7.03
8.12
❤️ Life expectancy
77.9
82.7
👮 Corruption perceptions index
34
63
🌐 English speaking %
2%
20%
🎓 Higher education
53
87
😀 Quality of life
40
85
🏙️ Population
16.9M
51.5M

The average cost of living in Ecuador ($814) is 28% less expensive than in South Korea ($1139). Ecuador ranked 120th vs 67th 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 0.6 months in Ecuador compared to 2.1 months in South Korea. Ranked 114th and 22nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Ecuador vs South Korea infographic

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Prices in Ecuador vs South Korea

We calculate prices for Ecuador and South Korea as a population-weighted mean of 19 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.

Ecuador South Korea
Eating Out
🍱 Lunch Menu
$4.61
$6.98
🥂 Dinner in a Restaurant, for 2
$35.1
$34.6
🥪 Fast food meal, equiv. McDonald's
$7.4
$5.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.09
$3.27
 Cappuccino
$2.75
$3.63
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.88
$1.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$334
$493
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$252
$328
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$594
$1283
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$475
$827
🔌 Utility Bill one person, electricity, heating, water, etc.
$39.8
$97.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$61.6
$150
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$30
$19.9
🏦 Mortgage Interest Rate for 20 Years
9.51%
4.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1253
$10513
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1967
$7053
Transportation
🚌 Local transport ticket
$0.33
$1.1
🎟️ Monthly ticket local transport
$21.6
$45.5
🚕 Taxi Ride, 8 km or 5 mi
$15.3
$9.17
 Gas / Petrol, 1 L or 0.26 gal
$0.76
$1.24
Groceries
🥛 Milk, 1 L or 1 qt
$1.14
$2.14
🍞 Bread, 0.5 kg or 1.1 lb
$1.42
$2.92
🍚 Rice, 1 kg or 2.2 lb
$1.32
$2.82
🥚 Eggs, x12
$2.22
$3.24
🧀 Cheese, 1 kg or 2.2 lb
$6.84
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.64
$8.02
🥩 Round Steak, 1 kg or 2.2 lb
$7.49
$25.1
🍏 Apples, 1 kg or 2.2 lb
$2.16
$7.3
🍌 Banana, 1 kg or 2.2 lb
$1.33
$3.62
🍊 Oranges, 1 kg or 2.2 lb
$1.3
$5.97
🍅 Tomato, 1 kg or 2.2 lb
$1.38
$5.27
🥔 Potato, 1 kg or 2.2 lb
$1.33
$3.43
🧅 Onion, 1 kg or 2.2 lb
$1.22
$2.82
🌊 Water, 1 L or 1 qt
$0.72
$0.79
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.18
$2.56
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$17
🍺 Beer, 0.5 L or 16 fl oz
$1.7
$2.22
🚬 Cigarette pack
$5.84
$3.38
💊 Cold medicince, 1 week
$7.16
$5
🧴 Hair Shampoo
$6.01
$5.39
🧻 Toilet paper, 4 rolls
$2.24
$2.39
👄 Toothpaste, 1 tube
$2.06
$2.16
Other
🏋️ Gym Membership, 1 month
$36.3
$50.5
🎫 Cinema Ticket, 1 person
$6.81
$10.8
👩‍⚕️ Doctor's visit
$36.2
$27.9
💇 Haircut, simple
$8.59
$8.35
👖 Brand Jeans
$56.5
$64
👟 Brand Sneakers
$98
$80.3
👶 Daycare or Preschool, 1 month
$264
$392
🏫 International Primary School, 1 year
$6728
$21622

Cost of living in other countries

Cost of living

Cities Comparison in Ecuador vs South Korea

More countries to compare

Cost of Living in Popular cities

In Ecuador

City Cost of living Population
Guayaquil
$910
2.65M
Quito
$902
1.76M
Cuenca
$770
362K
Duran
$808
295K
Santo Domingo
$592
335K
Machala
$594
288K
Ambato
$574
177K
Manta
$870
259K
Ibarra
$528
158K
Loja
$617
203K
Quevedo
$651
178K
Milagro
$722
160K
Portoviejo
$760
244K
Esmeraldas
$618
155K
La Libertad
$813
112K
Babahoyo
$827
98.3K
Riobamba
$545
177K
Galapagos Islands
$679
25K
Montanita
$761
1K

In South Korea

City Cost of living Population
Seoul
$1461
9.67M
Busan
$1122
3.45M
Incheon
$1067
2.94M
Daegu
$1114
2.38M
Daejeon
$975
1.48M
Suwon
$970
1.23M
Gwangju
$1178
1.49M
Ulsan
$1099
1.13M
Cheongju
$997
852K
Seongnam
$1127
919K
Yongin
$1142
971K
Changwon
$1083
1.01M
Hwaseong
$1049
941K
Goyang
$1008
1.06M
Namyangju
$1084
732K
Bucheon
$1068
781K
Gimhae
$901
534K
Siheung
$1087
520K
Jeju Island
$1165
678K
Pyeongtaek
$1053
590K
Cheonan
$1222
652K
Pohang
$1000
504K
Ansan
$990
653K
Uijeongbu
$936
463K
Anyang
$1025
548K
Paju
$1020
498K
Jeju
$1157
492K
Sejong
$1043
386K
Hanam
$1074
330K
Gunsan
$1007
275K