Israel vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Israel South Korea
🚶 Cost of living one person
$2211
$1114
👨‍👩‍👧‍👦 Cost of living Family
$5162
$2777
🏠 One person rent
$1221
$477
🏘️ Family rent
$2007
$804
🍽️ Food expenses
$707
$437
🚐 Transport expenses
$88.3
$94.8
💳 Monthly salary after tax
$3584
$2268
💸 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 %
85%
20%
🎓 Higher education
93
87
😀 Quality of life
85
87
🏙️ Population
9.97M
51.8M

The average cost of living in Israel ($2211) is 98% more expensive than in South Korea ($1114). Israel ranked 15th vs 80th 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 1.6 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
$23.9
$6.72
🥂 Dinner in a Restaurant, for 2
$95.3
$36.3
🥪 Fast food meal, equiv. McDonald's
$18.5
$5.73
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$9.7
$3.31
 Cappuccino
$4.73
$3.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.31
$1.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1192
$495
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$980
$325
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2188
$1123
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1666
$705
🔌 Utility Bill one person, electricity, heating, water, etc.
$165
$98.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$254
$153
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$35.2
$19.8
🏦 Mortgage Interest Rate for 20 Years
5.11%
4.17%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$11147
$11512
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7278
$6605
Transportation
🚌 Local transport ticket
$2.37
$1.03
🎟️ Monthly ticket local transport
$73
$43.1
🚕 Taxi Ride, 8 km or 5 mi
$14.9
$8.65
 Gas / Petrol, 1 L or 0.26 gal
$2.35
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$2.31
$2
🍞 Bread, 0.5 kg or 1.1 lb
$2.96
$2.71
🍚 Rice, 1 kg or 2.2 lb
$3.2
$2.62
🥚 Eggs, x12
$4.74
$2.96
🧀 Cheese, 1 kg or 2.2 lb
$18.8
$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.3
$7.68
🥩 Round Steak, 1 kg or 2.2 lb
$24.3
$20
🍏 Apples, 1 kg or 2.2 lb
$4.07
$6.24
🍌 Banana, 1 kg or 2.2 lb
$2.65
$3.17
🍊 Oranges, 1 kg or 2.2 lb
$2.33
$5.72
🍅 Tomato, 1 kg or 2.2 lb
$3.05
$5.38
🥔 Potato, 1 kg or 2.2 lb
$1.92
$3.24
🧅 Onion, 1 kg or 2.2 lb
$1.91
$2.31
🌊 Water, 1 L or 1 qt
$1.14
$0.76
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.19
$2.19
🍾 Wine (mid-priced), 750 mL bottle
$14.6
$15.5
🍺 Beer, 0.5 L or 16 fl oz
$3.28
$1.9
🚬 Cigarette pack
$12.8
$3.07
💊 Cold medicince, 1 week
$10.5
$4.3
🧴 Hair Shampoo
$5.71
$4.54
🧻 Toilet paper, 4 rolls
$2.44
$2.44
👄 Toothpaste, 1 tube
$4.44
$1.64
Other
🏋️ Gym Membership, 1 month
$74
$47.6
🎫 Cinema Ticket, 1 person
$14.6
$9.68
👩‍⚕️ Doctor's visit
$119
$53.5
💇 Haircut, simple
$17.2
$9.42
👖 Brand Jeans
$109
$57.3
👟 Brand Sneakers
$141
$72.6
👶 Daycare or Preschool, 1 month
$1198
$404
🏫 International Primary School, 1 year
$17022
$17691

Cost of living in other countries

Cost of living

Cities Comparison in Israel vs South Korea

More countries to compare

Cost of Living in Popular cities

In Israel

City Cost of living Population
Jerusalem
$2483
936K
Tel Aviv
$2702
468K
Haifa
$1930
283K
Petah Tikva
$2253
236K
Bnei Brak
$2385
194K
Holon
$2031
194K
Rishon LeZion
$2403
250K
Beersheba
$1700
209K
Ramat Gan
$2451
159K
Netanya
$2136
217K
Ashkelon
$1761
134K
Beit Shemesh
$1823
119K
Rehovot
$2066
133K
Bat Yam
$2147
129K
Herzliya
$3089
94K
Kfar Saba
$2346
101K
Hadera
$1887
95.7K
Modi'in-Maccabim-Re'ut
$2198
97.1K
Ra'anana
$2432
74K
Afula
$1909
60K
Lod
$2154
75.7K
Rahat
$1962
64.5K
Ramat HaSharon
$2110
46.7K
Rosh HaAyin
$2270
56.3K
Eilat
$1853
51.9K
Nazareth
$1981
83.4K
Kiryat Ono
$2192
41.9K
Kiryat Gat
$2079
55K
Nahariya
$1894
60K
Givatayim
$2449
59.5K

In South Korea

City Cost of living Population
Seoul
$1363
9.67M
Busan
$1114
3.45M
Incheon
$1057
3.05M
Daegu
$1043
2.38M
Gwangju
$1062
1.41M
Daejeon
$922
1.48M
Ulsan
$1020
1.13M
Suwon
$1030
1.23M
Seongnam
$1425
919K
Yongin
$1102
1.08M
Cheongju
$903
848K
Hwaseong
$1076
1M
Changwon
$1032
1.01M
Namyangju
$1120
732K
Goyang
$1092
1.06M
Gimhae
$946
534K
Jeju
$1064
698K
Siheung
$1292
514K
Pyeongtaek
$1095
607K
Pohang
$1030
504K
Cheonan
$1121
657K
Bucheon
$1167
772K
Uijeongbu
$913
463K
Jeju Island
$1079
666K
Paju
$1049
498K
Ansan
$1044
623K
Gwangju
$1179
397K
Hanam
$1162
330K
Gunsan
$1002
275K
Sejong
$986
392K