Ecuador vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Ecuador South Korea
🚶 Cost of living one person
$812
$1116
👨‍👩‍👧‍👦 Cost of living Family
$2084
$3042
🏠 One person rent
$326
$466
🏘️ Family rent
$592
$1019
🍽️ Food expenses
$302
$454
🚐 Transport expenses
$92.4
$93.9
💳 Monthly salary after tax
$527
$2217
💸 GDP per capita
$6610
$33121
😃 Human freedom index
6.99
8.23
❤️ Life expectancy
77.9
82.7
👮 Corruption perceptions index
32
64
🌐 English speaking %
1.2%
20%
🎓 Higher education
54
87
😀 Quality of life
32
84
🏙️ Population
16.9M
51.5M

The average cost of living in Ecuador ($812) is 27% less expensive than in South Korea ($1116). Ecuador ranked 121st vs 64th 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 months in South Korea. Ranked 141st and 23rd 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
$3.92
$6.8
🥂 Dinner in a Restaurant, for 2
$37.5
$35.8
🥪 Fast food meal, equiv. McDonald's
$7.57
$5.46
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.5
$3.21
 Cappuccino
$2.64
$3.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.94
$1.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$295
$484
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$250
$320
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$543
$1204
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$493
$767
🔌 Utility Bill one person, electricity, heating, water, etc.
$38.5
$93.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$59.6
$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$28.8
$20.1
🏦 Mortgage Interest Rate for 20 Years
9.77%
4.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1196
$10274
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2020
$6790
Transportation
🚌 Local transport ticket
$0.33
$1.02
🎟️ Monthly ticket local transport
$21.6
$42
🚕 Taxi Ride, 8 km or 5 mi
$16.6
$8.77
 Gas / Petrol, 1 L or 0.26 gal
$0.71
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.13
$2.01
🍞 Bread, 0.5 kg or 1.1 lb
$1.55
$2.89
🍚 Rice, 1 kg or 2.2 lb
$1.46
$2.8
🥚 Eggs, x12
$2.29
$3.01
🧀 Cheese, 1 kg or 2.2 lb
$7.01
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.05
$8.28
🥩 Round Steak, 1 kg or 2.2 lb
$7.3
$26.5
🍏 Apples, 1 kg or 2.2 lb
$2.08
$6.94
🍌 Banana, 1 kg or 2.2 lb
$1.24
$3.23
🍊 Oranges, 1 kg or 2.2 lb
$1.13
$5.68
🍅 Tomato, 1 kg or 2.2 lb
$1.26
$5.28
🥔 Potato, 1 kg or 2.2 lb
$1.43
$3.8
🧅 Onion, 1 kg or 2.2 lb
$1.2
$2.78
🌊 Water, 1 L or 1 qt
$0.71
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.05
$2.32
🍾 Wine (mid-priced), 750 mL bottle
$10.7
$16.7
🍺 Beer, 0.5 L or 16 fl oz
$1.74
$2.03
🚬 Cigarette pack
$6.29
$3.12
💊 Cold medicince, 1 week
$7.58
$4.67
🧴 Hair Shampoo
$6.41
$5.24
🧻 Toilet paper, 4 rolls
$2.1
$2.2
👄 Toothpaste, 1 tube
$1.89
$2.07
Other
🏋️ Gym Membership, 1 month
$34.2
$48.6
🎫 Cinema Ticket, 1 person
$6.79
$9.93
👩‍⚕️ Doctor's visit
$37.4
$42.5
💇 Haircut, simple
$8.81
$7.71
👖 Brand Jeans
$51.2
$64.9
👟 Brand Sneakers
$96.2
$78.9
👶 Daycare or Preschool, 1 month
$264
$407
🏫 International Primary School, 1 year
$6414
$18055

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
$925
2.65M
Quito
$884
1.76M
Cuenca
$758
362K
Duran
$806
295K
Santo Domingo
$532
335K
Machala
$569
288K
Ambato
$573
177K
Manta
$990
259K
Ibarra
$519
158K
Loja
$600
203K
Quevedo
$651
178K
Portoviejo
$716
244K
Milagro
$697
160K
Esmeraldas
$610
155K
La Libertad
$816
112K
Babahoyo
$823
98.3K
Riobamba
$538
177K
Galapagos Islands
$674
25K
Montanita
$766
1K

In South Korea

City Cost of living Population
Seoul
$1334
9.67M
Busan
$1060
3.45M
Incheon
$1092
2.94M
Daegu
$995
2.38M
Suwon
$1022
1.23M
Daejeon
$992
1.48M
Gwangju
$1101
1.49M
Ulsan
$1059
1.13M
Cheongju
$936
852K
Seongnam
$1400
919K
Yongin
$1127
1.08M
Changwon
$1075
1.01M
Hwaseong
$1089
941K
Goyang
$1171
1.06M
Namyangju
$1129
732K
Gimhae
$959
534K
Siheung
$1283
520K
Jeju Island
$1080
678K
Bucheon
$1163
772K
Pyeongtaek
$984
590K
Cheonan
$1151
657K
Pohang
$988
504K
Uijeongbu
$955
463K
Ansan
$1070
623K
Paju
$1075
498K
Gwangju
$1165
397K
Jeju
$1037
492K
Hanam
$1161
330K
Sejong
$1019
386K
Gunsan
$1005
275K