Italy vs South Korea - Cost of Living Comparison

Italy South Korea
🚶 Cost of living one person
$1221
$1062
👨‍👩‍👧‍👦 Cost of living Family
$3026
$2839
🏠 One person rent
$597
$457
🏘️ Family rent
$1059
$948
🍽️ Food expenses
$405
$416
🚐 Transport expenses
$87.2
$100
💳 Monthly salary after tax
$1475
$2022
💸 GDP per capita
$31770
$31598
😃 Human freedom index
8.49
8.39
❤️ Life expectancy
82.3
83.4
👮 Corruption perceptions index
56
62
🌐 English speaking %
28.5%
20%
🎓 Higher education
92
88
😀 Quality of life
73
77
🏙️ Population
60.3M
51.5M

The average cost of living in Italy ($1221) is 15% more expensive than in South Korea ($1062). Italy ranked 38th vs 53rd 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 1.2 months in Italy compared to 1.9 months in South Korea. Ranked 28th and 20th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Italy vs South Korea infographic

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Prices in Italy vs South Korea

We calculate prices for Italy and South Korea as a population-weighted mean of 148 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.

Italy South Korea
Eating Out
🍱 Lunch Menu
$13.4
$5.59
🥂 Dinner in a Restaurant, for 2
$52.4
$29.1
🥪 Fast food meal, equiv. McDonald's
$8.2
$5.02
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.62
$2.84
 Cappuccino
$1.53
$3.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.12
$1.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$599
$458
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$433
$331
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1168
$1094
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$799
$733
🔌 Utility Bill one person, electricity, heating, water, etc.
$102
$79.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$158
$122
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$27.7
$21
🏦 Mortgage Interest Rate for 20 Years
1.75%
3.64%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3920
$7604
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2278
$5485
Transportation
🚌 Local transport ticket
$1.5
$1.02
🎟️ Monthly ticket local transport
$36.5
$42.5
🚕 Taxi Ride, 8 km or 5 mi
$16.3
$9.67
 Gas / Petrol, 1 L or 0.26 gal
$2.06
$1.3
Groceries
🥛 Milk, 1 L or 1 qt
$1.21
$1.93
🍞 Bread, 0.5 kg or 1.1 lb
$1.52
$2.34
🍚 Rice, 1 kg or 2.2 lb
$1.8
$3.02
🥚 Eggs, x12
$3.12
$3.25
🧀 Cheese, 1 kg or 2.2 lb
$13.1
$14
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.99
$8.29
🥩 Round Steak, 1 kg or 2.2 lb
$15
$28.5
🍏 Apples, 1 kg or 2.2 lb
$1.95
$5.55
🍌 Banana, 1 kg or 2.2 lb
$1.67
$3.31
🍊 Oranges, 1 kg or 2.2 lb
$1.89
$4.48
🍅 Tomato, 1 kg or 2.2 lb
$2.27
$4.69
🥔 Potato, 1 kg or 2.2 lb
$1.34
$2.96
🧅 Onion, 1 kg or 2.2 lb
$1.34
$2.36
🌊 Water, 1 L or 1 qt
$0.3
$0.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.96
$2.33
🍾 Wine (mid-priced), 750 mL bottle
$5.92
$13.5
🍺 Beer, 0.5 L or 16 fl oz
$1.39
$1.93
🚬 Cigarette pack
$5.79
$3.37
💊 Cold medicince, 1 week
$10.1
$4.98
🧴 Hair Shampoo
$2.98
$5.13
🧻 Toilet paper, 4 rolls
$2.13
$2.47
👄 Toothpaste, 1 tube
$1.98
$1.86
Other
🏋️ Gym Membership, 1 month
$46.8
$42.5
🎫 Cinema Ticket, 1 person
$8.72
$8.6
👩‍⚕️ Doctor's visit
$85.7
$29.8
💇 Haircut, simple
$14.4
$8.47
👖 Brand Jeans
$74.6
$58.1
👟 Brand Sneakers
$84.9
$72.6
👶 Daycare or Preschool, 1 month
$456
$352
🏫 International Primary School, 1 year
$9600
$18313

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Cities Comparison in Italy vs South Korea

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Cost of Living in Popular cities

In Italy

City Cost of living Population
Rome
$1546
2.87M
Milan
$1657
1.37M
Turin
$1134
871K
Naples
$1085
966K
Palermo
$984
668K
Genoa
$1235
580K
Bologna
$1281
393K
Florence
$1317
381K
Bari
$1215
323K
Venice
$1357
261K
Verona
$1237
257K
Catania
$1055
312K
Trieste
$1300
204K
Parma
$1282
196K
Padua
$1170
210K
Brescia
$1200
197K
Modena
$1285
185K
Reggio Emilia
$1103
172K
Messina
$822
234K
Syracuse
$908
121K
Prato
$1295
193K
Monza
$1290
124K
Reggio Calabria
$848
181K
Perugia
$998
166K
Taranto
$937
198K
Ferrara
$1072
132K
Rimini
$1207
149K
Ravenna
$1183
159K
Trento
$1218
118K
Cagliari
$1206
154K

In South Korea

City Cost of living Population
Seoul
$1460
9.67M
Busan
$1031
3.45M
Incheon
$1002
2.91M
Daegu
$918
2.46M
Gwangju
$902
1.49M
Daejeon
$944
1.48M
Seongnam
$1022
949K
Suwon
$977
1.23M
Ulsan
$1066
1.17M
Changwon
$955
1.05M
Goyang
$1002
1.06M
Yongin
$1049
971K
Bucheon
$1121
868K
Cheongju
$880
833K
Namyangju
$970
713K
Jeju Island
$968
696K
Pohang
$775
520K
Jeju
$1542
435K
Hwaseong
$965
655K
Ansan
$921
653K
Anyang
$1102
573K
Jeonju
$791
653K
Cheonan
$930
652K
Gimhae
$839
534K
Pyeongtaek
$809
458K
Masan
$945
430K
Siheung
$945
425K
Uijeongbu
$998
422K
Paju
$941
415K
Gumi
$951
421K