Israel vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Israel South Korea
🚶 Cost of living one person
$2120
$1134
👨‍👩‍👧‍👦 Cost of living Family
$4932
$2805
🏠 One person rent
$1185
$487
🏘️ Family rent
$1951
$821
🍽️ Food expenses
$664
$443
🚐 Transport expenses
$83.7
$97.9
💳 Monthly salary after tax
$3258
$1998
💸 GDP per capita
$54177
$33121
😃 Human freedom index
7.54
8.23
❤️ Life expectancy
83.2
83.4
👮 Corruption perceptions index
64
64
🌐 English speaking %
85%
20%
🎓 Higher education
93
87
😀 Quality of life
84
85
🏙️ Population
9.97M
51.8M

The average cost of living in Israel ($2120) is 87% more expensive than in South Korea ($1134). Israel ranked 16th 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 1.5 months in Israel compared to 1.8 months in South Korea. Ranked 25th and 24th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Israel vs South Korea infographic

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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
$22.2
$6.71
🥂 Dinner in a Restaurant, for 2
$90.3
$35.2
🥪 Fast food meal, equiv. McDonald's
$17.5
$5.72
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$9.48
$3.29
 Cappuccino
$4.47
$3.56
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.11
$1.52
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1153
$483
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$963
$336
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2032
$1135
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1661
$721
🔌 Utility Bill one person, electricity, heating, water, etc.
$153
$101
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$235
$154
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$30.5
$20.6
🏦 Mortgage Interest Rate for 20 Years
4.84%
4.18%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9722
$10906
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7252
$6575
Transportation
🚌 Local transport ticket
$2.11
$1.03
🎟️ Monthly ticket local transport
$67.3
$44.6
🚕 Taxi Ride, 8 km or 5 mi
$14.5
$9.04
 Gas / Petrol, 1 L or 0.26 gal
$2.2
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$2.18
$2.06
🍞 Bread, 0.5 kg or 1.1 lb
$2.79
$2.83
🍚 Rice, 1 kg or 2.2 lb
$3.1
$2.6
🥚 Eggs, x12
$4.45
$3.1
🧀 Cheese, 1 kg or 2.2 lb
$16.9
$12.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.2
$7.76
🥩 Round Steak, 1 kg or 2.2 lb
$22
$22.7
🍏 Apples, 1 kg or 2.2 lb
$3.84
$6.94
🍌 Banana, 1 kg or 2.2 lb
$2.5
$3.14
🍊 Oranges, 1 kg or 2.2 lb
$2.13
$5.93
🍅 Tomato, 1 kg or 2.2 lb
$2.79
$5.15
🥔 Potato, 1 kg or 2.2 lb
$1.83
$3.67
🧅 Onion, 1 kg or 2.2 lb
$1.81
$2.63
🌊 Water, 1 L or 1 qt
$1.01
$0.75
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.11
$2.23
🍾 Wine (mid-priced), 750 mL bottle
$14
$15.5
🍺 Beer, 0.5 L or 16 fl oz
$2.96
$1.88
🚬 Cigarette pack
$11.5
$3.11
💊 Cold medicince, 1 week
$9.21
$4.39
🧴 Hair Shampoo
$4.95
$4.78
🧻 Toilet paper, 4 rolls
$2.11
$2.51
👄 Toothpaste, 1 tube
$4.05
$1.68
Other
🏋️ Gym Membership, 1 month
$73.7
$48.3
🎫 Cinema Ticket, 1 person
$13.6
$9.93
👩‍⚕️ Doctor's visit
$118
$54.5
💇 Haircut, simple
$16.3
$9.46
👖 Brand Jeans
$102
$60.7
👟 Brand Sneakers
$133
$71.4
👶 Daycare or Preschool, 1 month
$1082
$351
🏫 International Primary School, 1 year
$15010
$15508

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
$2447
936K
Tel Aviv
$2492
468K
Haifa
$1840
283K
Petah Tikva
$2124
236K
Bnei Brak
$2286
194K
Rishon LeZion
$2233
250K
Ramat Gan
$2440
159K
Holon
$1937
194K
Beersheba
$1645
209K
Netanya
$2247
217K
Ashkelon
$1850
134K
Rehovot
$1947
133K
Bat Yam
$2040
129K
Beit Shemesh
$1747
119K
Herzliya
$2937
94K
Hadera
$1786
95.7K
Kfar Saba
$2214
101K
Modi'in-Maccabim-Re'ut
$2100
97.1K
Afula
$1817
60K
Ra'anana
$2290
74K
Nazareth
$1850
83.4K
Lod
$1998
75.7K
Ramat HaSharon
$1974
46.7K
Rahat
$1879
64.5K
Eilat
$1734
51.9K
Rosh HaAyin
$2153
56.3K
Kiryat Ono
$2135
41.9K
Nahariya
$1775
60K
Kiryat Gat
$2032
55K
Umm al-Fahm
$1954
55.3K

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