Ecuador vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Ecuador South Korea
🚶 Cost of living one person
$815
$1140
👨‍👩‍👧‍👦 Cost of living Family
$2077
$3169
🏠 One person rent
$339
$473
🏘️ Family rent
$611
$1118
🍽️ Food expenses
$291
$470
🚐 Transport expenses
$85.7
$102
💳 Monthly salary after tax
$546
$2410
💸 GDP per capita
$6391
$32423
😃 Human freedom index
7.03
8.12
❤️ Life expectancy
73.7
83.5
👮 Corruption perceptions index
34
63
🌐 English speaking %
2%
20%
🎓 Higher education
54
88
😀 Quality of life
44
87
🏙️ Population
18M
51.5M

The average cost of living in Ecuador ($815) is 29% less expensive than in South Korea ($1140). Ecuador ranked 106th vs 60th 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 0.7 months in Ecuador compared to 2.1 months in South Korea. Ranked 102nd and 20th 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
$4.59
$6.57
🥂 Dinner in a Restaurant, for 2
$33.7
$37.5
🥪 Fast food meal, equiv. McDonald's
$6.99
$5.68
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.07
$3.36
 Cappuccino
$2.73
$3.7
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1
$1.52
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$340
$466
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$252
$324
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$605
$1278
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$502
$860
🔌 Utility Bill one person, electricity, heating, water, etc.
$36.9
$99.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$56.4
$153
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.7
$21.4
🏦 Mortgage Interest Rate for 20 Years
9.71%
4.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1296
$10161
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1472
$6982
Transportation
🚌 Local transport ticket
$0.34
$1.06
🎟️ Monthly ticket local transport
$19.8
$46.6
🚕 Taxi Ride, 8 km or 5 mi
$15.3
$9.25
 Gas / Petrol, 1 L or 0.26 gal
$0.71
$1.24
Groceries
🥛 Milk, 1 L or 1 qt
$1.13
$2.09
🍞 Bread, 0.5 kg or 1.1 lb
$1.48
$2.81
🍚 Rice, 1 kg or 2.2 lb
$1.31
$3.13
🥚 Eggs, x12
$2.24
$3.29
🧀 Cheese, 1 kg or 2.2 lb
$6.43
$12.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.92
$8.87
🥩 Round Steak, 1 kg or 2.2 lb
$6.5
$33.4
🍏 Apples, 1 kg or 2.2 lb
$2.22
$6.21
🍌 Banana, 1 kg or 2.2 lb
$1.29
$3.44
🍊 Oranges, 1 kg or 2.2 lb
$1.39
$5.67
🍅 Tomato, 1 kg or 2.2 lb
$1.18
$5.35
🥔 Potato, 1 kg or 2.2 lb
$1.23
$3.83
🧅 Onion, 1 kg or 2.2 lb
$1.06
$2.95
🌊 Water, 1 L or 1 qt
$0.7
$0.71
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2
$2.53
🍾 Wine (mid-priced), 750 mL bottle
$10.4
$16.3
🍺 Beer, 0.5 L or 16 fl oz
$1.58
$2.2
🚬 Cigarette pack
$5.32
$3.34
💊 Cold medicince, 1 week
$7.45
$4.86
🧴 Hair Shampoo
$6.34
$5.3
🧻 Toilet paper, 4 rolls
$2.06
$2.37
👄 Toothpaste, 1 tube
$1.96
$2.13
Other
🏋️ Gym Membership, 1 month
$39.9
$51.9
🎫 Cinema Ticket, 1 person
$7.06
$10.1
👩‍⚕️ Doctor's visit
$37.1
$28
💇 Haircut, simple
$9.44
$8.02
👖 Brand Jeans
$56.7
$62.4
👟 Brand Sneakers
$105
$81.2
👶 Daycare or Preschool, 1 month
$249
$359
🏫 International Primary School, 1 year
$6892
$18547

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
$905
2.72M
Quito
$843
2.01M
Cuenca
$816
330K
Duran
$800
231K
Santo Domingo
$775
271K
Ambato
$571
165K
Machala
$601
231K
Manta
$870
218K
Milagro
$732
134K
Ibarra
$537
132K
Quevedo
$637
151K
Loja
$639
170K
Portoviejo
$643
207K
Esmeraldas
$613
154K
Babahoyo
$834
90.2K
La Libertad
$816
95.9K
Riobamba
$548
146K
Galapagos Islands
$689
25K
Montanita
$757
1K

In South Korea

City Cost of living Population
Seoul
$1451
9.67M
Busan
$1031
3.45M
Incheon
$1052
2.94M
Daegu
$1108
2.44M
Daejeon
$952
1.48M
Gwangju
$1150
1.49M
Suwon
$984
1.23M
Ulsan
$1151
1.15M
Seongnam
$1122
949K
Changwon
$1112
1.05M
Cheongju
$985
849K
Yongin
$1255
971K
Jeju Island
$1068
678K
Goyang
$1166
1.06M
Hwaseong
$1110
904K
Namyangju
$1127
713K
Bucheon
$1151
793K
Jeju
$1014
435K
Gimhae
$931
534K
Cheonan
$997
652K
Ansan
$1132
653K
Siheung
$1088
425K
Uijeongbu
$992
463K
Gunsan
$1024
275K
Anyang
$1101
548K
Pohang
$1047
504K
Jeonju
$823
653K
Pyeongtaek
$1058
458K
Masan
$1029
430K
Paju
$1088
415K