Israel vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Israel South Korea
🚶 Cost of living one person
$2360
$1074
👨‍👩‍👧‍👦 Cost of living Family
$5492
$2688
🏠 One person rent
$1311
$470
🏘️ Family rent
$2119
$787
🍽️ Food expenses
$747
$417
🚐 Transport expenses
$95.7
$89.7
💳 Monthly salary after tax
$4021
$2138
💸 GDP per capita
$54177
$36239
😃 Human freedom index
7.52
8.15
❤️ Life expectancy
83.2
83.4
👮 Corruption perceptions index
62
63
🌐 English speaking %
32.3%
20%
🎓 Higher education
93
87
😀 Quality of life
84
87
🏙️ Population
9.97M
51.8M

The average cost of living in Israel ($2360) is 120% more expensive than in South Korea ($1074). Israel ranked 15th 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 Israel compared to 2 months in South Korea. Ranked 26th 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 Israel vs South Korea

We calculate prices for Israel and South Korea as a population-weighted mean of 67 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.

Israel South Korea
Eating Out
🍱 Lunch Menu
$25.4
$6.41
🥂 Dinner in a Restaurant, for 2
$105
$35.3
🥪 Fast food meal, equiv. McDonald's
$19.2
$5.45
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.39
$3.16
 Cappuccino
$5.15
$3.29
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.72
$1.41
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1378
$486
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1062
$319
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2459
$1137
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1778
$698
🔌 Utility Bill one person, electricity, heating, water, etc.
$173
$98.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$265
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$40.6
$19.2
🏦 Mortgage Interest Rate for 20 Years
5.05%
4.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$12838
$11577
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7963
$6055
Transportation
🚌 Local transport ticket
$2.71
$0.99
🎟️ Monthly ticket local transport
$84.8
$40.7
🚕 Taxi Ride, 8 km or 5 mi
$15.9
$8.06
 Gas / Petrol, 1 L or 0.26 gal
$2.64
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$2.55
$1.88
🍞 Bread, 0.5 kg or 1.1 lb
$3.38
$2.54
🍚 Rice, 1 kg or 2.2 lb
$3.41
$2.51
🥚 Eggs, x12
$5.15
$2.65
🧀 Cheese, 1 kg or 2.2 lb
$17.8
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$14.5
$7.7
🥩 Round Steak, 1 kg or 2.2 lb
$26
$17.8
🍏 Apples, 1 kg or 2.2 lb
$4.2
$6.64
🍌 Banana, 1 kg or 2.2 lb
$3.03
$3.08
🍊 Oranges, 1 kg or 2.2 lb
$2.46
$5.66
🍅 Tomato, 1 kg or 2.2 lb
$2.82
$4.93
🥔 Potato, 1 kg or 2.2 lb
$1.91
$3
🧅 Onion, 1 kg or 2.2 lb
$1.77
$2.35
🌊 Water, 1 L or 1 qt
$1.28
$0.69
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.38
$2.03
🍾 Wine (mid-priced), 750 mL bottle
$15.8
$15.1
🍺 Beer, 0.5 L or 16 fl oz
$3.74
$1.9
🚬 Cigarette pack
$13.9
$2.95
💊 Cold medicince, 1 week
$11.2
$4.01
🧴 Hair Shampoo
$6.11
$4.25
🧻 Toilet paper, 4 rolls
$2.82
$2.09
👄 Toothpaste, 1 tube
$4.68
$1.52
Other
🏋️ Gym Membership, 1 month
$76.1
$45.7
🎫 Cinema Ticket, 1 person
$15.9
$9.37
👩‍⚕️ Doctor's visit
$125
$45.2
💇 Haircut, simple
$18.1
$8.07
👖 Brand Jeans
$112
$57
👟 Brand Sneakers
$157
$68.9
👶 Daycare or Preschool, 1 month
$1388
$465
🏫 International Primary School, 1 year
$19698
$18682

Cost of living in other countries

Cost of living

Cities Comparison in Israel vs South Korea

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Cost of Living in Popular cities

In Israel

City Cost of living Population
Jerusalem
$2663
936K
Tel Aviv
$2966
468K
Haifa
$1891
283K
Rishon LeZion
$2587
250K
Petah Tikva
$2500
236K
Netanya
$2175
217K
Bnei Brak
$2565
194K
Ramat Gan
$2555
159K
Holon
$2283
194K
Beersheba
$1810
209K
Bat Yam
$2288
129K
Rehovot
$2201
133K
Beit Shemesh
$2054
119K
Hadera
$1918
95.7K
Kfar Saba
$2422
101K
Ashkelon
$1845
134K
Herzliya
$2873
94K
Nazareth
$2125
83.4K
Modi'in-Maccabim-Re'ut
$2393
97.1K
Ra'anana
$2430
74K
Afula
$2133
60K
Givatayim
$2541
59.5K
Hod HaSharon
$2400
56.7K
Umm al-Fahm
$2245
55.3K
Ramla
$2465
75.5K
Rahat
$2060
64.5K
Rosh HaAyin
$2470
56.3K
Nahariya
$2069
60K
Kiryat Ata
$2047
62.4K
Lod
$2336
75.7K

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