South Korea vs United States - Cost of Living Comparison

Updated:

Livingcost

South Korea United States
🚶 Cost of living one person
$1074
$2522
👨‍👩‍👧‍👦 Cost of living Family
$2688
$5757
🏠 One person rent
$470
$1593
🏘️ Family rent
$787
$2642
🍽️ Food expenses
$417
$656
🚐 Transport expenses
$89.7
$103
💳 Monthly salary after tax
$2138
$4550
💸 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%
95.9%
🎓 Higher education
87
100
😀 Quality of life
87
88
🏙️ Population
51.8M
340M

The average cost of living in South Korea ($1074) is 57% less expensive than in the United States ($2522). South Korea ranked 86th vs 9th 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 22nd 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
$6.41
$19.8
🥂 Dinner in a Restaurant, for 2
$35.3
$77
🥪 Fast food meal, equiv. McDonald's
$5.45
$11.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.16
$6.39
 Cappuccino
$3.29
$5.44
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.41
$2.76
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$486
$1682
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$319
$1337
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1137
$2997
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$698
$2414
🔌 Utility Bill one person, electricity, heating, water, etc.
$98.8
$130
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$200
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.2
$68.9
🏦 Mortgage Interest Rate for 20 Years
4.19%
6.16%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$11577
$4871
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6055
$3394
Transportation
🚌 Local transport ticket
$0.99
$2.34
🎟️ Monthly ticket local transport
$40.7
$71.1
🚕 Taxi Ride, 8 km or 5 mi
$8.06
$18
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.88
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$2.54
$3.58
🍚 Rice, 1 kg or 2.2 lb
$2.51
$4.47
🥚 Eggs, x12
$2.65
$4.73
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.7
$12.3
🥩 Round Steak, 1 kg or 2.2 lb
$17.8
$17.3
🍏 Apples, 1 kg or 2.2 lb
$6.64
$5.06
🍌 Banana, 1 kg or 2.2 lb
$3.08
$1.82
🍊 Oranges, 1 kg or 2.2 lb
$5.66
$4.57
🍅 Tomato, 1 kg or 2.2 lb
$4.93
$4.83
🥔 Potato, 1 kg or 2.2 lb
$3
$2.88
🧅 Onion, 1 kg or 2.2 lb
$2.35
$2.97
🌊 Water, 1 L or 1 qt
$0.69
$1.52
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.03
$2.75
🍾 Wine (mid-priced), 750 mL bottle
$15.1
$15
🍺 Beer, 0.5 L or 16 fl oz
$1.9
$2.45
🚬 Cigarette pack
$2.95
$11.1
💊 Cold medicince, 1 week
$4.01
$10.5
🧴 Hair Shampoo
$4.25
$6.66
🧻 Toilet paper, 4 rolls
$2.09
$4.59
👄 Toothpaste, 1 tube
$1.52
$2.24
Other
🏋️ Gym Membership, 1 month
$45.7
$52.6
🎫 Cinema Ticket, 1 person
$9.37
$14.7
👩‍⚕️ Doctor's visit
$45.2
$127
💇 Haircut, simple
$8.07
$22.1
👖 Brand Jeans
$57
$55.3
👟 Brand Sneakers
$68.9
$94.7
👶 Daycare or Preschool, 1 month
$465
$1520
🏫 International Primary School, 1 year
$18682
$20019

Cost of living in other countries

Cost of living

Cities Comparison in South Korea vs the United States

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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 the United States

City Cost of living Population
New York City
$4202
8.8M
Los Angeles
$3420
3.9M
Chicago
$2851
2.75M
Houston
$2261
2.3M
San Diego
$3486
1.39M
Philadelphia
$2597
1.6M
San Francisco
$4110
874K
Phoenix
$2423
1.61M
Dallas
$2472
1.3M
San Jose
$3957
1.01M
San Antonio
$2071
1.43M
Washington
$3350
690K
Seattle
$3183
737K
Austin
$2475
962K
Boston
$3680
676K
Fort Worth
$2259
919K
Hempstead
$2710
793K
Indianapolis
$2405
888K
Charlotte
$2470
875K
Jacksonville
$2192
950K
Columbus
$2140
906K
Denver
$2848
716K
Portland
$2785
653K
Nashville
$2451
689K
Atlanta
$2628
499K
Oklahoma City
$1931
681K
Baltimore
$2224
586K
Las Vegas
$2294
642K
Sacramento
$2682
525K
Memphis
$1917
633K