Italy vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Italy South Korea
🚶 Cost of living one person
$1656
$1114
👨‍👩‍👧‍👦 Cost of living Family
$3941
$2777
🏠 One person rent
$842
$477
🏘️ Family rent
$1416
$804
🍽️ Food expenses
$553
$437
🚐 Transport expenses
$104
$94.8
💳 Monthly salary after tax
$1983
$2268
💸 GDP per capita
$40385
$36239
😃 Human freedom index
8.28
8.15
❤️ Life expectancy
83.7
83.4
👮 Corruption perceptions index
53
63
🌐 English speaking %
13.6%
20%
🎓 Higher education
92
87
😀 Quality of life
81
87
🏙️ Population
59M
51.8M

The average cost of living in Italy ($1656) is 49% more expensive than in South Korea ($1114). Italy ranked 32nd 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 1.2 months in Italy compared to 2 months in South Korea. Ranked 35th 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 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
$18.2
$6.72
🥂 Dinner in a Restaurant, for 2
$72.8
$36.3
🥪 Fast food meal, equiv. McDonald's
$12.4
$5.73
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$6.03
$3.31
 Cappuccino
$2.14
$3.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.01
$1.48
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$873
$495
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$627
$325
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1607
$1123
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1114
$705
🔌 Utility Bill one person, electricity, heating, water, etc.
$135
$98.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$208
$153
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$31.1
$19.8
🏦 Mortgage Interest Rate for 20 Years
3.47%
4.17%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4872
$11512
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2604
$6605
Transportation
🚌 Local transport ticket
$1.97
$1.03
🎟️ Monthly ticket local transport
$44.5
$43.1
🚕 Taxi Ride, 8 km or 5 mi
$21.1
$8.65
 Gas / Petrol, 1 L or 0.26 gal
$2.08
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.69
$2
🍞 Bread, 0.5 kg or 1.1 lb
$2.16
$2.71
🍚 Rice, 1 kg or 2.2 lb
$2.77
$2.62
🥚 Eggs, x12
$4.39
$2.96
🧀 Cheese, 1 kg or 2.2 lb
$17.4
$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.4
$7.68
🥩 Round Steak, 1 kg or 2.2 lb
$20.7
$20
🍏 Apples, 1 kg or 2.2 lb
$2.62
$6.24
🍌 Banana, 1 kg or 2.2 lb
$2.29
$3.17
🍊 Oranges, 1 kg or 2.2 lb
$2.7
$5.72
🍅 Tomato, 1 kg or 2.2 lb
$3.39
$5.38
🥔 Potato, 1 kg or 2.2 lb
$2.01
$3.24
🧅 Onion, 1 kg or 2.2 lb
$1.93
$2.31
🌊 Water, 1 L or 1 qt
$0.36
$0.76
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.49
$2.19
🍾 Wine (mid-priced), 750 mL bottle
$7.67
$15.5
🍺 Beer, 0.5 L or 16 fl oz
$1.82
$1.9
🚬 Cigarette pack
$7.07
$3.07
💊 Cold medicince, 1 week
$11.7
$4.3
🧴 Hair Shampoo
$3.6
$4.54
🧻 Toilet paper, 4 rolls
$2.47
$2.44
👄 Toothpaste, 1 tube
$2.3
$1.64
Other
🏋️ Gym Membership, 1 month
$58.8
$47.6
🎫 Cinema Ticket, 1 person
$10.8
$9.68
👩‍⚕️ Doctor's visit
$99.6
$53.5
💇 Haircut, simple
$17.2
$9.42
👖 Brand Jeans
$90.8
$57.3
👟 Brand Sneakers
$101
$72.6
👶 Daycare or Preschool, 1 month
$582
$404
🏫 International Primary School, 1 year
$11511
$17691

Cost of living in other countries

Cost of living

Cities Comparison in Italy vs South Korea

More countries to compare

Cost of Living in Popular cities

In Italy

City Cost of living Population
Rome
$2082
2.75M
Milan
$2370
1.35M
Turin
$1652
842K
Naples
$1615
913K
Genoa
$1649
559K
Palermo
$1308
630K
Bologna
$1761
388K
Florence
$1851
361K
Catania
$1318
312K
Bari
$1646
315K
Verona
$1733
256K
Venice
$1611
250K
Prato
$1611
196K
Padua
$1855
206K
Parma
$1652
197K
Messina
$1235
219K
Brescia
$1844
196K
Modena
$1719
184K
Trieste
$1661
198K
Reggio Emilia
$1468
170K
Ravenna
$1415
156K
Taranto
$1336
188K
Bergamo
$1582
120K
Perugia
$1240
162K
Rimini
$1618
149K
Cagliari
$1672
148K
Foggia
$1367
145K
Monza
$1885
122K
Livorno
$1659
153K
Forli
$1609
116K

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