South Korea vs United States - Cost of Living Comparison

Updated:

Livingcost

South Korea United States
🚶 Cost of living one person
$1116
$2498
👨‍👩‍👧‍👦 Cost of living Family
$3042
$5861
🏠 One person rent
$466
$1595
🏘️ Family rent
$1019
$2818
🍽️ Food expenses
$454
$638
🚐 Transport expenses
$93.9
$100
💳 Monthly salary after tax
$2217
$4485
💸 GDP per capita
$33121
$82769
😃 Human freedom index
8.23
8.64
❤️ Life expectancy
82.7
77.4
👮 Corruption perceptions index
64
65
🌐 English speaking %
20%
95.3%
🎓 Higher education
87
100
😀 Quality of life
84
86
🏙️ Population
51.5M
340M

The average cost of living in South Korea ($1116) is 55% less expensive than in the United States ($2498). South Korea ranked 64th vs 7th 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

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
$6.8
$19.4
🥂 Dinner in a Restaurant, for 2
$35.8
$77.2
🥪 Fast food meal, equiv. McDonald's
$5.46
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.21
$6.27
 Cappuccino
$3.5
$5.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.53
$2.59
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$484
$1640
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$320
$1347
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1204
$2923
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$767
$2471
🔌 Utility Bill one person, electricity, heating, water, etc.
$93.7
$124
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$145
$190
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.1
$66.2
🏦 Mortgage Interest Rate for 20 Years
4.52%
6.52%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$10274
$4583
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6790
$3784
Transportation
🚌 Local transport ticket
$1.02
$2.35
🎟️ Monthly ticket local transport
$42
$68.9
🚕 Taxi Ride, 8 km or 5 mi
$8.77
$18
 Gas / Petrol, 1 L or 0.26 gal
$1.15
$0.96
Groceries
🥛 Milk, 1 L or 1 qt
$2.01
$1.1
🍞 Bread, 0.5 kg or 1.1 lb
$2.89
$3.59
🍚 Rice, 1 kg or 2.2 lb
$2.8
$4.49
🥚 Eggs, x12
$3.01
$4.15
🧀 Cheese, 1 kg or 2.2 lb
$11.8
$13.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.28
$11.9
🥩 Round Steak, 1 kg or 2.2 lb
$26.5
$16.4
🍏 Apples, 1 kg or 2.2 lb
$6.94
$5.15
🍌 Banana, 1 kg or 2.2 lb
$3.23
$1.78
🍊 Oranges, 1 kg or 2.2 lb
$5.68
$4.54
🍅 Tomato, 1 kg or 2.2 lb
$5.28
$4.63
🥔 Potato, 1 kg or 2.2 lb
$3.8
$2.84
🧅 Onion, 1 kg or 2.2 lb
$2.78
$2.86
🌊 Water, 1 L or 1 qt
$0.72
$1.48
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.32
$2.64
🍾 Wine (mid-priced), 750 mL bottle
$16.7
$14.6
🍺 Beer, 0.5 L or 16 fl oz
$2.03
$2.21
🚬 Cigarette pack
$3.12
$10.6
💊 Cold medicince, 1 week
$4.67
$9.47
🧴 Hair Shampoo
$5.24
$5.83
🧻 Toilet paper, 4 rolls
$2.2
$4.44
👄 Toothpaste, 1 tube
$2.07
$2.13
Other
🏋️ Gym Membership, 1 month
$48.6
$48.6
🎫 Cinema Ticket, 1 person
$9.93
$14.2
👩‍⚕️ Doctor's visit
$42.5
$125
💇 Haircut, simple
$7.71
$21.2
👖 Brand Jeans
$64.9
$53.3
👟 Brand Sneakers
$78.9
$90
👶 Daycare or Preschool, 1 month
$407
$1451
🏫 International Primary School, 1 year
$18055
$21164

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
$1334
9.67M
Busan
$1060
3.45M
Incheon
$1092
2.94M
Daegu
$995
2.38M
Suwon
$1022
1.23M
Daejeon
$992
1.48M
Gwangju
$1101
1.49M
Ulsan
$1059
1.13M
Cheongju
$936
852K
Seongnam
$1400
919K
Yongin
$1127
1.08M
Changwon
$1075
1.01M
Hwaseong
$1089
941K
Goyang
$1171
1.06M
Namyangju
$1129
732K
Gimhae
$959
534K
Siheung
$1283
520K
Jeju Island
$1080
678K
Bucheon
$1163
772K
Pyeongtaek
$984
590K
Cheonan
$1151
657K
Pohang
$988
504K
Uijeongbu
$955
463K
Ansan
$1070
623K
Paju
$1075
498K
Gwangju
$1165
397K
Jeju
$1037
492K
Hanam
$1161
330K
Sejong
$1019
386K
Gunsan
$1005
275K

In the United States

City Cost of living Population
New York City
$4441
8.8M
Los Angeles
$3196
3.9M
Chicago
$2678
2.75M
Houston
$2265
2.3M
San Diego
$3428
1.39M
Phoenix
$2395
1.61M
Philadelphia
$2597
1.6M
San Francisco
$3905
874K
Dallas
$2471
1.3M
San Jose
$3810
1.01M
San Antonio
$2033
1.43M
Austin
$2455
962K
Seattle
$3015
737K
Indianapolis
$2189
888K
Washington
$3149
690K
Fort Worth
$2289
919K
Hempstead
$2664
793K
Charlotte
$2528
875K
Boston
$3547
676K
Jacksonville
$2364
950K
Denver
$2717
716K
Columbus
$2145
906K
Portland
$2629
653K
Nashville
$2508
689K
Atlanta
$2570
499K
Las Vegas
$2271
642K
Oklahoma City
$1832
681K
Baltimore
$2287
586K
Oakland
$2968
441K
Sacramento
$2813
525K