South Korea vs United States - Cost of Living Comparison

Updated:

Livingcost

South Korea United States
🚶 Cost of living one person
$1114
$2515
👨‍👩‍👧‍👦 Cost of living Family
$2777
$5738
🏠 One person rent
$477
$1593
🏘️ Family rent
$804
$2641
🍽️ Food expenses
$437
$654
🚐 Transport expenses
$94.8
$101
💳 Monthly salary after tax
$2268
$4433
💸 GDP per capita
$36239
$84534
😃 Human freedom index
8.15
8.71
❤️ Life expectancy
83.4
78.4
👮 Corruption perceptions index
63
64
🌐 English speaking %
20%
95.3%
🎓 Higher education
87
100
😀 Quality of life
87
88
🏙️ Population
51.8M
340M

The average cost of living in South Korea ($1114) is 56% less expensive than in the United States ($2515). South Korea ranked 80th vs 10th for the United States 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 1.8 months in the United States. Ranked 23rd and 21st 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 the United States

We calculate prices for South Korea and the United States as a population-weighted mean of 87 and 2202 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 United States
Eating Out
🍱 Lunch Menu
$6.72
$19.7
🥂 Dinner in a Restaurant, for 2
$36.3
$78.4
🥪 Fast food meal, equiv. McDonald's
$5.73
$11.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.31
$6.36
 Cappuccino
$3.51
$5.38
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.48
$2.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$495
$1682
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$325
$1341
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1123
$3111
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$705
$2433
🔌 Utility Bill one person, electricity, heating, water, etc.
$98.9
$129
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$153
$198
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.8
$68.4
🏦 Mortgage Interest Rate for 20 Years
4.17%
6.36%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$11512
$4955
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6605
$3526
Transportation
🚌 Local transport ticket
$1.03
$2.34
🎟️ Monthly ticket local transport
$43.1
$70.6
🚕 Taxi Ride, 8 km or 5 mi
$8.65
$17.9
 Gas / Petrol, 1 L or 0.26 gal
$1.15
$0.91
Groceries
🥛 Milk, 1 L or 1 qt
$2
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$2.71
$3.61
🍚 Rice, 1 kg or 2.2 lb
$2.62
$4.52
🥚 Eggs, x12
$2.96
$4.83
🧀 Cheese, 1 kg or 2.2 lb
$13.9
$13.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.68
$12.3
🥩 Round Steak, 1 kg or 2.2 lb
$20
$17.2
🍏 Apples, 1 kg or 2.2 lb
$6.24
$5.09
🍌 Banana, 1 kg or 2.2 lb
$3.17
$1.86
🍊 Oranges, 1 kg or 2.2 lb
$5.72
$4.5
🍅 Tomato, 1 kg or 2.2 lb
$5.38
$4.76
🥔 Potato, 1 kg or 2.2 lb
$3.24
$2.87
🧅 Onion, 1 kg or 2.2 lb
$2.31
$2.94
🌊 Water, 1 L or 1 qt
$0.76
$1.52
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.19
$2.75
🍾 Wine (mid-priced), 750 mL bottle
$15.5
$14.8
🍺 Beer, 0.5 L or 16 fl oz
$1.9
$2.43
🚬 Cigarette pack
$3.07
$11
💊 Cold medicince, 1 week
$4.3
$10.5
🧴 Hair Shampoo
$4.54
$6.64
🧻 Toilet paper, 4 rolls
$2.44
$4.55
👄 Toothpaste, 1 tube
$1.64
$2.22
Other
🏋️ Gym Membership, 1 month
$47.6
$52
🎫 Cinema Ticket, 1 person
$9.68
$14.5
👩‍⚕️ Doctor's visit
$53.5
$123
💇 Haircut, simple
$9.42
$22.1
👖 Brand Jeans
$57.3
$55.1
👟 Brand Sneakers
$72.6
$93.8
👶 Daycare or Preschool, 1 month
$404
$1517
🏫 International Primary School, 1 year
$17691
$21058

Cost of living in other countries

Cost of living

Cities Comparison in South Korea vs the United States

More countries to compare

Cost of Living in Popular cities

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

In the United States

City Cost of living Population
New York City
$4207
8.8M
Los Angeles
$3378
3.9M
Chicago
$2822
2.75M
Houston
$2265
2.3M
San Diego
$3507
1.39M
Philadelphia
$2597
1.6M
Phoenix
$2357
1.61M
San Francisco
$4040
874K
Dallas
$2461
1.3M
San Antonio
$2063
1.43M
San Jose
$3962
1.01M
Seattle
$3154
737K
Austin
$2444
962K
Boston
$3638
676K
Washington
$3306
690K
Hempstead
$2697
793K
Fort Worth
$2219
919K
Charlotte
$2403
875K
Indianapolis
$2374
888K
Jacksonville
$2224
950K
Columbus
$2127
906K
Denver
$2791
716K
Portland
$2738
653K
Nashville
$2477
689K
Atlanta
$2617
499K
Oklahoma City
$1922
681K
Las Vegas
$2407
642K
Baltimore
$2234
586K
Sacramento
$2846
525K
Oakland
$3212
441K