Italy vs South Korea - Cost of Living Comparison

Updated:

Livingcost

Italy South Korea
🚶 Cost of living one person
$1427
$1116
👨‍👩‍👧‍👦 Cost of living Family
$3478
$3042
🏠 One person rent
$713
$466
🏘️ Family rent
$1249
$1019
🍽️ Food expenses
$480
$454
🚐 Transport expenses
$94.7
$93.9
💳 Monthly salary after tax
$1682
$2217
💸 GDP per capita
$39003
$33121
😃 Human freedom index
8.26
8.23
❤️ Life expectancy
82.9
82.7
👮 Corruption perceptions index
54
64
🌐 English speaking %
13.6%
20%
🎓 Higher education
92
87
😀 Quality of life
77
84
🏙️ Population
58.9M
51.5M

The average cost of living in Italy ($1427) is 28% more expensive than in South Korea ($1116). Italy ranked 36th vs 64th 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 36th and 23rd 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
$15.8
$6.8
🥂 Dinner in a Restaurant, for 2
$63.3
$35.8
🥪 Fast food meal, equiv. McDonald's
$10.4
$5.46
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.13
$3.21
 Cappuccino
$1.75
$3.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.53
$1.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$726
$484
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$526
$320
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1388
$1204
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$950
$767
🔌 Utility Bill one person, electricity, heating, water, etc.
$119
$93.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$184
$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$28.1
$20.1
🏦 Mortgage Interest Rate for 20 Years
4.29%
4.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4184
$10274
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2409
$6790
Transportation
🚌 Local transport ticket
$1.7
$1.02
🎟️ Monthly ticket local transport
$38.8
$42
🚕 Taxi Ride, 8 km or 5 mi
$19.4
$8.77
 Gas / Petrol, 1 L or 0.26 gal
$1.86
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.49
$2.01
🍞 Bread, 0.5 kg or 1.1 lb
$1.92
$2.89
🍚 Rice, 1 kg or 2.2 lb
$2.45
$2.8
🥚 Eggs, x12
$3.68
$3.01
🧀 Cheese, 1 kg or 2.2 lb
$14.7
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$10.7
$8.28
🥩 Round Steak, 1 kg or 2.2 lb
$17.8
$26.5
🍏 Apples, 1 kg or 2.2 lb
$2.22
$6.94
🍌 Banana, 1 kg or 2.2 lb
$1.94
$3.23
🍊 Oranges, 1 kg or 2.2 lb
$2.27
$5.68
🍅 Tomato, 1 kg or 2.2 lb
$3.05
$5.28
🥔 Potato, 1 kg or 2.2 lb
$1.69
$3.8
🧅 Onion, 1 kg or 2.2 lb
$1.65
$2.78
🌊 Water, 1 L or 1 qt
$0.31
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.16
$2.32
🍾 Wine (mid-priced), 750 mL bottle
$6.39
$16.7
🍺 Beer, 0.5 L or 16 fl oz
$1.64
$2.03
🚬 Cigarette pack
$6.18
$3.12
💊 Cold medicince, 1 week
$10.2
$4.67
🧴 Hair Shampoo
$3.21
$5.24
🧻 Toilet paper, 4 rolls
$2.2
$2.2
👄 Toothpaste, 1 tube
$2.12
$2.07
Other
🏋️ Gym Membership, 1 month
$51
$48.6
🎫 Cinema Ticket, 1 person
$9.44
$9.93
👩‍⚕️ Doctor's visit
$89.6
$42.5
💇 Haircut, simple
$15.4
$7.71
👖 Brand Jeans
$78.4
$64.9
👟 Brand Sneakers
$88.9
$78.9
👶 Daycare or Preschool, 1 month
$511
$407
🏫 International Primary School, 1 year
$10713
$18055

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
$1718
2.75M
Milan
$2022
1.35M
Turin
$1424
842K
Naples
$1396
913K
Genoa
$1470
559K
Palermo
$1137
630K
Bologna
$1555
388K
Florence
$1601
361K
Bari
$1337
316K
Catania
$1161
312K
Venice
$1522
250K
Verona
$1459
256K
Prato
$1423
196K
Padua
$1581
206K
Messina
$1130
219K
Parma
$1403
197K
Brescia
$1410
196K
Trieste
$1421
198K
Modena
$1506
184K
Reggio Emilia
$1323
170K
Taranto
$1033
188K
Rimini
$1390
149K
Ravenna
$1216
156K
Perugia
$1100
162K
Bergamo
$1450
120K
Foggia
$1161
145K
Trento
$1509
118K
Forli
$1485
116K
Monza
$1586
122K
Cagliari
$1455
148K

In South Korea

City Cost of living Population
Seoul
$1334
9.67M
Busan
$1060
3.45M
Incheon
$1092
2.94M
Daegu
$995
2.38M
Suwon
$1022
1.23M
Daejeon
$992
1.48M
Gwangju
$1101
1.49M
Ulsan
$1059
1.13M
Cheongju
$936
852K
Seongnam
$1400
919K
Yongin
$1127
1.08M
Changwon
$1075
1.01M
Hwaseong
$1089
941K
Goyang
$1171
1.06M
Namyangju
$1129
732K
Gimhae
$959
534K
Siheung
$1283
520K
Jeju Island
$1080
678K
Bucheon
$1163
772K
Pyeongtaek
$984
590K
Cheonan
$1151
657K
Pohang
$988
504K
Uijeongbu
$955
463K
Ansan
$1070
623K
Paju
$1075
498K
Gwangju
$1165
397K
Jeju
$1037
492K
Hanam
$1161
330K
Sejong
$1019
386K
Gunsan
$1005
275K