South Korea vs Spain - Cost of Living Comparison

Updated:

Livingcost

South Korea Spain
🚶 Cost of living one person
$1118
$1383
👨‍👩‍👧‍👦 Cost of living Family
$3093
$3131
🏠 One person rent
$471
$779
🏘️ Family rent
$1095
$1253
🍽️ Food expenses
$454
$395
🚐 Transport expenses
$98.5
$87.4
💳 Monthly salary after tax
$2392
$1850
💸 GDP per capita
$32423
$29675
😃 Human freedom index
8.12
8.03
❤️ Life expectancy
83.5
83.2
👮 Corruption perceptions index
63
60
🌐 English speaking %
20%
22%
🎓 Higher education
87
90
😀 Quality of life
87
79
🏙️ Population
51.5M
47.4M

The average cost of living in South Korea ($1118) is 19% less expensive than in Spain ($1383). South Korea ranked 62nd vs 38th for Spain in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 2.1 months in South Korea compared to 1.3 months in Spain. Ranked 20th and 31st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in South Korea vs Spain infographic

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Prices in South Korea vs Spain

We calculate prices for South Korea and Spain as a population-weighted mean of 87 and 153 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.

South Korea Spain
Eating Out
🍱 Lunch Menu
$6.47
$13.1
🥂 Dinner in a Restaurant, for 2
$35
$46.7
🥪 Fast food meal, equiv. McDonald's
$5.62
$9.34
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.31
$3.32
 Cappuccino
$3.63
$2.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.46
$2.12
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$466
$810
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$323
$627
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1256
$1380
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$839
$1026
🔌 Utility Bill one person, electricity, heating, water, etc.
$99.4
$82.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$153
$127
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.9
$33.5
🏦 Mortgage Interest Rate for 20 Years
4.46%
3.23%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$10104
$3630
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6925
$2346
Transportation
🚌 Local transport ticket
$1.06
$1.69
🎟️ Monthly ticket local transport
$44.3
$35.4
🚕 Taxi Ride, 8 km or 5 mi
$9.06
$15
 Gas / Petrol, 1 L or 0.26 gal
$1.24
$1.74
Groceries
🥛 Milk, 1 L or 1 qt
$2.07
$1.12
🍞 Bread, 0.5 kg or 1.1 lb
$2.86
$1.32
🍚 Rice, 1 kg or 2.2 lb
$3.19
$1.34
🥚 Eggs, x12
$3.26
$2.8
🧀 Cheese, 1 kg or 2.2 lb
$11.8
$13.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.08
$7.76
🥩 Round Steak, 1 kg or 2.2 lb
$31.2
$14.2
🍏 Apples, 1 kg or 2.2 lb
$6.08
$2.15
🍌 Banana, 1 kg or 2.2 lb
$3.32
$1.86
🍊 Oranges, 1 kg or 2.2 lb
$5.58
$1.8
🍅 Tomato, 1 kg or 2.2 lb
$5.12
$2.42
🥔 Potato, 1 kg or 2.2 lb
$3.6
$1.49
🧅 Onion, 1 kg or 2.2 lb
$2.97
$1.65
🌊 Water, 1 L or 1 qt
$0.68
$0.49
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.53
$2.08
🍾 Wine (mid-priced), 750 mL bottle
$15.3
$6
🍺 Beer, 0.5 L or 16 fl oz
$2.1
$1.13
🚬 Cigarette pack
$3.35
$5.58
💊 Cold medicince, 1 week
$4.94
$9.06
🧴 Hair Shampoo
$5.38
$3.27
🧻 Toilet paper, 4 rolls
$2.37
$1.86
👄 Toothpaste, 1 tube
$2.13
$2.08
Other
🏋️ Gym Membership, 1 month
$51.9
$42.4
🎫 Cinema Ticket, 1 person
$9.9
$8.74
👩‍⚕️ Doctor's visit
$28.1
$67.5
💇 Haircut, simple
$8.02
$14.8
👖 Brand Jeans
$62.1
$75.8
👟 Brand Sneakers
$78
$80.2
👶 Daycare or Preschool, 1 month
$385
$433
🏫 International Primary School, 1 year
$17694
$8255

Cost of living in other countries

Cost of living

Cities Comparison in South Korea vs Spain

More countries to compare

Cost of Living in Popular cities

In South Korea

City Cost of living Population
Seoul
$1444
9.67M
Busan
$1029
3.45M
Incheon
$1020
2.94M
Daegu
$1113
2.44M
Daejeon
$924
1.48M
Gwangju
$1147
1.49M
Suwon
$987
1.23M
Ulsan
$1078
1.15M
Seongnam
$1121
949K
Changwon
$1073
1.05M
Cheongju
$903
849K
Yongin
$1256
971K
Jeju Island
$1056
678K
Goyang
$1144
1.06M
Hwaseong
$1088
904K
Namyangju
$1106
713K
Bucheon
$1152
793K
Gimhae
$907
534K
Jeju
$1003
435K
Cheonan
$940
652K
Ansan
$1127
653K
Siheung
$1081
425K
Uijeongbu
$986
463K
Anyang
$1097
548K
Gunsan
$975
275K
Pohang
$989
504K
Masan
$1006
430K
Jeonju
$787
653K
Pyeongtaek
$924
458K
Paju
$1072
415K

In Spain

City Cost of living Population
Madrid
$1726
3.28M
Barcelona
$1773
1.64M
Valencia
$1437
792K
Tenerife
$1659
932K
Malaga
$1435
579K
Seville
$1289
682K
Zaragoza
$1327
673K
Murcia
$1219
673K
Bilbao
$1501
344K
Palma de Mallorca
$1710
416K
Alicante
$1331
339K
Pamplona
$1340
203K
Valladolid
$1207
296K
Gijon
$1201
268K
Terrassa
$1409
224K
Las Palmas
$1191
379K
San Sebastian
$1530
188K
Vitoria-Gasteiz
$1382
254K
L'Hospitalet de Llobregat
$1571
265K
Cordoba
$1056
320K
Sabadell
$1443
216K
Vigo
$1186
292K
Badalona
$1995
224K
Granada
$1174
229K
A Coruna
$1149
245K
Oviedo
$1114
186K
Jerez de la Frontera
$905
213K
Cartagena
$907
217K
Elche
$1158
236K
Santander
$1144
172K