Ecuador vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Ecuador South Korea
🚶 Cost of living one person
$844
$1134
👨‍👩‍👧‍👦 Cost of living Family
$2101
$2805
🏠 One person rent
$360
$487
🏘️ Family rent
$599
$821
🍽️ Food expenses
$292
$443
🚐 Transport expenses
$92.8
$97.9
💳 Monthly salary after tax
$502
$1998
💸 GDP per capita
$6875
$33121
😃 Human freedom index
6.99
8.23
❤️ Life expectancy
77.4
83.4
👮 Corruption perceptions index
32
64
🌐 English speaking %
1.2%
20%
🎓 Higher education
53
87
😀 Quality of life
37
85
🏙️ Population
18.1M
51.8M

The average cost of living in Ecuador ($844) is 26% less expensive than in South Korea ($1134). Ecuador ranked 122nd vs 74th 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 1.8 months in South Korea. Ranked 139th and 24th 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

Share this infographic!

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
$3.99
$6.71
🥂 Dinner in a Restaurant, for 2
$39.7
$35.2
🥪 Fast food meal, equiv. McDonald's
$7.57
$5.72
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.41
$3.29
 Cappuccino
$2.66
$3.56
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.9
$1.52
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$335
$483
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$278
$336
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$595
$1135
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$540
$721
🔌 Utility Bill one person, electricity, heating, water, etc.
$43
$101
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$65.9
$154
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$27.2
$20.6
🏦 Mortgage Interest Rate for 20 Years
10.02%
4.18%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1274
$10906
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1814
$6575
Transportation
🚌 Local transport ticket
$0.35
$1.03
🎟️ Monthly ticket local transport
$23.6
$44.6
🚕 Taxi Ride, 8 km or 5 mi
$16.5
$9.04
 Gas / Petrol, 1 L or 0.26 gal
$0.69
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.11
$2.06
🍞 Bread, 0.5 kg or 1.1 lb
$1.53
$2.83
🍚 Rice, 1 kg or 2.2 lb
$1.54
$2.6
🥚 Eggs, x12
$2.33
$3.1
🧀 Cheese, 1 kg or 2.2 lb
$6.42
$12.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.27
$7.76
🥩 Round Steak, 1 kg or 2.2 lb
$7.4
$22.7
🍏 Apples, 1 kg or 2.2 lb
$1.9
$6.94
🍌 Banana, 1 kg or 2.2 lb
$1.16
$3.14
🍊 Oranges, 1 kg or 2.2 lb
$1.04
$5.93
🍅 Tomato, 1 kg or 2.2 lb
$1.19
$5.15
🥔 Potato, 1 kg or 2.2 lb
$1.36
$3.67
🧅 Onion, 1 kg or 2.2 lb
$1.03
$2.63
🌊 Water, 1 L or 1 qt
$0.67
$0.75
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.01
$2.23
🍾 Wine (mid-priced), 750 mL bottle
$9.62
$15.5
🍺 Beer, 0.5 L or 16 fl oz
$1.57
$1.88
🚬 Cigarette pack
$5.78
$3.11
💊 Cold medicince, 1 week
$7.41
$4.39
🧴 Hair Shampoo
$6.2
$4.78
🧻 Toilet paper, 4 rolls
$2.14
$2.51
👄 Toothpaste, 1 tube
$1.97
$1.68
Other
🏋️ Gym Membership, 1 month
$38.4
$48.3
🎫 Cinema Ticket, 1 person
$7.21
$9.93
👩‍⚕️ Doctor's visit
$41.6
$54.5
💇 Haircut, simple
$9.34
$9.46
👖 Brand Jeans
$52.3
$60.7
👟 Brand Sneakers
$104
$71.4
👶 Daycare or Preschool, 1 month
$287
$351
🏫 International Primary School, 1 year
$6933
$15508

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
$1006
2.65M
Quito
$882
1.76M
Cuenca
$780
362K
Duran
$869
295K
Santo Domingo
$598
335K
Machala
$587
288K
Manta
$859
259K
Ibarra
$585
158K
Loja
$601
203K
Milagro
$745
160K
Portoviejo
$776
244K
Quevedo
$649
178K
Ambato
$542
177K
Esmeraldas
$606
155K
Riobamba
$509
177K
La Libertad
$712
112K
Babahoyo
$841
98.3K
Galapagos Islands
$677
25K
Montanita
$728
1K

In South Korea

City Cost of living Population
Seoul
$1383
9.67M
Busan
$1108
3.45M
Incheon
$1088
2.94M
Daegu
$1062
2.38M
Gwangju
$1081
1.49M
Suwon
$1066
1.23M
Daejeon
$959
1.48M
Ulsan
$1076
1.13M
Seongnam
$1435
919K
Yongin
$1120
1.08M
Cheongju
$924
852K
Hwaseong
$1098
941K
Changwon
$1084
1.01M
Namyangju
$1138
732K
Gimhae
$975
534K
Siheung
$1307
520K
Pyeongtaek
$1141
590K
Pohang
$1024
504K
Goyang
$1097
1.06M
Cheonan
$1153
657K
Bucheon
$1175
772K
Jeju Island
$1100
678K
Uijeongbu
$918
463K
Ansan
$1049
623K
Jeju
$1069
492K
Gwangju
$1196
397K
Paju
$1065
498K
Gunsan
$1020
275K
Hanam
$1178
330K
Sejong
$1020
386K