South Korea vs Spain - Cost of Living Comparison

Updated:

Livingcost

South Korea Spain
🚶 Cost of living one person
$1074
$1627
👨‍👩‍👧‍👦 Cost of living Family
$2688
$3691
🏠 One person rent
$470
$928
🏘️ Family rent
$787
$1503
🍽️ Food expenses
$417
$469
🚐 Transport expenses
$89.7
$94.4
💳 Monthly salary after tax
$2138
$2076
💸 GDP per capita
$36239
$35327
😃 Human freedom index
8.15
8.37
❤️ Life expectancy
83.4
83.9
👮 Corruption perceptions index
63
55
🌐 English speaking %
20%
39%
🎓 Higher education
87
90
😀 Quality of life
87
83
🏙️ Population
51.8M
48.8M

The average cost of living in South Korea ($1074) is 34% less expensive than in Spain ($1627). South Korea ranked 86th vs 34th 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 months in South Korea compared to 1.3 months in Spain. Ranked 23rd and 31st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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
$6.41
$16.4
🥂 Dinner in a Restaurant, for 2
$35.3
$57.4
🥪 Fast food meal, equiv. McDonald's
$5.45
$11.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.16
$3.94
 Cappuccino
$3.29
$2.74
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.41
$2.65
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$486
$980
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$319
$757
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1137
$1688
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$698
$1251
🔌 Utility Bill one person, electricity, heating, water, etc.
$98.8
$94.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.2
$32.2
🏦 Mortgage Interest Rate for 20 Years
4.19%
3.24%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$11577
$4946
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6055
$3068
Transportation
🚌 Local transport ticket
$0.99
$1.91
🎟️ Monthly ticket local transport
$40.7
$34.7
🚕 Taxi Ride, 8 km or 5 mi
$8.06
$17.3
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.74
Groceries
🥛 Milk, 1 L or 1 qt
$1.88
$1.22
🍞 Bread, 0.5 kg or 1.1 lb
$2.54
$1.51
🍚 Rice, 1 kg or 2.2 lb
$2.51
$1.59
🥚 Eggs, x12
$2.65
$3.6
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$15.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.7
$8.8
🥩 Round Steak, 1 kg or 2.2 lb
$17.8
$17
🍏 Apples, 1 kg or 2.2 lb
$6.64
$2.68
🍌 Banana, 1 kg or 2.2 lb
$3.08
$2.18
🍊 Oranges, 1 kg or 2.2 lb
$5.66
$2.2
🍅 Tomato, 1 kg or 2.2 lb
$4.93
$2.72
🥔 Potato, 1 kg or 2.2 lb
$3
$1.93
🧅 Onion, 1 kg or 2.2 lb
$2.35
$2.11
🌊 Water, 1 L or 1 qt
$0.69
$0.55
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.03
$2.4
🍾 Wine (mid-priced), 750 mL bottle
$15.1
$7.06
🍺 Beer, 0.5 L or 16 fl oz
$1.9
$1.3
🚬 Cigarette pack
$2.95
$6.48
💊 Cold medicince, 1 week
$4.01
$9.57
🧴 Hair Shampoo
$4.25
$3.59
🧻 Toilet paper, 4 rolls
$2.09
$2.01
👄 Toothpaste, 1 tube
$1.52
$2.31
Other
🏋️ Gym Membership, 1 month
$45.7
$48.6
🎫 Cinema Ticket, 1 person
$9.37
$9.96
👩‍⚕️ Doctor's visit
$45.2
$72.1
💇 Haircut, simple
$8.07
$15.2
👖 Brand Jeans
$57
$88.2
👟 Brand Sneakers
$68.9
$97.2
👶 Daycare or Preschool, 1 month
$465
$568
🏫 International Primary School, 1 year
$18682
$10763

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
$1296
9.67M
Busan
$1084
3.45M
Incheon
$1032
3.05M
Daegu
$992
2.38M
Gwangju
$957
1.41M
Daejeon
$905
1.48M
Suwon
$985
1.23M
Ulsan
$957
1.13M
Goyang
$1052
1.06M
Yongin
$1061
1.08M
Cheongju
$865
848K
Seongnam
$1455
919K
Hwaseong
$1045
1M
Changwon
$1013
1.01M
Namyangju
$1094
732K
Gimhae
$1014
534K
Jeju
$1020
698K
Pyeongtaek
$1048
607K
Pohang
$989
504K
Jeju Island
$1037
666K
Cheonan
$1128
657K
Bucheon
$1090
772K
Uijeongbu
$868
463K
Siheung
$1313
514K
Paju
$1010
498K
Ansan
$1001
623K
Gwangju
$1179
397K
Jeonju
$771
342K
Gunsan
$964
275K
Sejong
$971
392K

In Spain

City Cost of living Population
Madrid
$2109
3.51M
Barcelona
$2129
1.73M
Valencia
$1812
841K
Tenerife
$1739
955K
Zaragoza
$1436
693K
Seville
$1343
689K
Malaga
$1705
599K
Palma de Mallorca
$2017
435K
Bilbao
$1790
351K
Alicante
$1513
366K
Valladolid
$1415
303K
Las Palmas
$1508
382K
Vitoria-Gasteiz
$1697
261K
Cordoba
$1291
323K
Vigo
$1439
294K
San Sebastian
$1778
190K
A Coruna
$1410
252K
Terrassa
$1367
233K
L'Hospitalet de Llobregat
$1773
290K
Gijon
$1508
270K
Sabadell
$1623
225K
Badalona
$2084
232K
Burgos
$1242
177K
Pamplona
$1622
209K
Granada
$1350
234K
Cartagena
$1195
221K
Elche
$1268
246K
Santa Cruz de Tenerife
$1642
212K
Marbella
$2004
160K
Albacete
$1303
175K