South Korea vs United States - Cost of Living Comparison

Updated:

Livingcost

South Korea United States
🚶 Cost of living one person
$1134
$2516
👨‍👩‍👧‍👦 Cost of living Family
$2805
$5730
🏠 One person rent
$487
$1598
🏘️ Family rent
$821
$2655
🍽️ Food expenses
$443
$651
🚐 Transport expenses
$97.9
$101
💳 Monthly salary after tax
$1998
$4539
💸 GDP per capita
$33121
$85810
😃 Human freedom index
8.23
8.64
❤️ Life expectancy
83.4
78.4
👮 Corruption perceptions index
64
65
🌐 English speaking %
20%
95.3%
🎓 Higher education
87
100
😀 Quality of life
85
87
🏙️ Population
51.8M
340M

The average cost of living in South Korea ($1134) is 55% less expensive than in the United States ($2516). South Korea ranked 74th 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 1.8 months in South Korea compared to 1.8 months in the United States. Ranked 24th and 20th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in South Korea vs United States infographic

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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
$6.71
$19.5
🥂 Dinner in a Restaurant, for 2
$35.2
$76.5
🥪 Fast food meal, equiv. McDonald's
$5.72
$11.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.29
$6.31
 Cappuccino
$3.56
$5.34
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.52
$2.65
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$483
$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$336
$1336
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1135
$3048
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$721
$2458
🔌 Utility Bill one person, electricity, heating, water, etc.
$101
$125
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$154
$193
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.6
$67.5
🏦 Mortgage Interest Rate for 20 Years
4.18%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$10906
$4491
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6575
$3675
Transportation
🚌 Local transport ticket
$1.03
$2.35
🎟️ Monthly ticket local transport
$44.6
$69.5
🚕 Taxi Ride, 8 km or 5 mi
$9.04
$18.4
 Gas / Petrol, 1 L or 0.26 gal
$1.15
$0.92
Groceries
🥛 Milk, 1 L or 1 qt
$2.06
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$2.83
$3.57
🍚 Rice, 1 kg or 2.2 lb
$2.6
$4.43
🥚 Eggs, x12
$3.1
$4.7
🧀 Cheese, 1 kg or 2.2 lb
$12.6
$13.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.76
$12.3
🥩 Round Steak, 1 kg or 2.2 lb
$22.7
$16.8
🍏 Apples, 1 kg or 2.2 lb
$6.94
$5.12
🍌 Banana, 1 kg or 2.2 lb
$3.14
$1.85
🍊 Oranges, 1 kg or 2.2 lb
$5.93
$4.48
🍅 Tomato, 1 kg or 2.2 lb
$5.15
$4.77
🥔 Potato, 1 kg or 2.2 lb
$3.67
$2.83
🧅 Onion, 1 kg or 2.2 lb
$2.63
$2.9
🌊 Water, 1 L or 1 qt
$0.75
$1.48
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.23
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$15.5
$14.5
🍺 Beer, 0.5 L or 16 fl oz
$1.88
$2.41
🚬 Cigarette pack
$3.11
$10.7
💊 Cold medicince, 1 week
$4.39
$10.5
🧴 Hair Shampoo
$4.78
$6.66
🧻 Toilet paper, 4 rolls
$2.51
$4.53
👄 Toothpaste, 1 tube
$1.68
$2.2
Other
🏋️ Gym Membership, 1 month
$48.3
$52.3
🎫 Cinema Ticket, 1 person
$9.93
$14.5
👩‍⚕️ Doctor's visit
$54.5
$124
💇 Haircut, simple
$9.46
$21.6
👖 Brand Jeans
$60.7
$53.2
👟 Brand Sneakers
$71.4
$92.4
👶 Daycare or Preschool, 1 month
$351
$1428
🏫 International Primary School, 1 year
$15508
$20562

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
$1383
9.67M
Busan
$1108
3.45M
Incheon
$1088
2.94M
Daegu
$1062
2.38M
Gwangju
$1081
1.49M
Suwon
$1066
1.23M
Daejeon
$959
1.48M
Ulsan
$1076
1.13M
Seongnam
$1435
919K
Yongin
$1120
1.08M
Cheongju
$924
852K
Hwaseong
$1098
941K
Changwon
$1084
1.01M
Namyangju
$1138
732K
Gimhae
$975
534K
Siheung
$1307
520K
Pyeongtaek
$1141
590K
Pohang
$1024
504K
Goyang
$1097
1.06M
Cheonan
$1153
657K
Bucheon
$1175
772K
Jeju Island
$1100
678K
Uijeongbu
$918
463K
Ansan
$1049
623K
Jeju
$1069
492K
Gwangju
$1196
397K
Paju
$1065
498K
Gunsan
$1020
275K
Hanam
$1178
330K
Sejong
$1020
386K

In the United States

City Cost of living Population
New York City
$4203
8.8M
Los Angeles
$3361
3.9M
Chicago
$2799
2.75M
Houston
$2240
2.3M
San Diego
$3469
1.39M
Philadelphia
$2584
1.6M
Phoenix
$2340
1.61M
Dallas
$2447
1.3M
San Francisco
$4110
874K
San Jose
$3952
1.01M
San Antonio
$2023
1.43M
Seattle
$3162
737K
Austin
$2416
962K
Washington
$3328
690K
Boston
$3652
676K
Indianapolis
$2382
888K
Hempstead
$2655
793K
Fort Worth
$2217
919K
Jacksonville
$2222
950K
Charlotte
$2423
875K
Columbus
$2181
906K
Denver
$2775
716K
Portland
$2684
653K
Nashville
$2524
689K
Las Vegas
$2414
642K
Oklahoma City
$1872
681K
Atlanta
$2641
499K
Oakland
$3254
441K
Baltimore
$2323
586K
Sacramento
$2825
525K