South Korea vs United States - Cost of Living Comparison

Updated:

Livingcost

South Korea United States
🚶 Cost of living one person
$1118
$2433
👨‍👩‍👧‍👦 Cost of living Family
$3093
$5667
🏠 One person rent
$471
$1552
🏘️ Family rent
$1095
$2714
🍽️ Food expenses
$454
$618
🚐 Transport expenses
$98.5
$104
💳 Monthly salary after tax
$2392
$4694
💸 GDP per capita
$32423
$76330
😃 Human freedom index
8.12
8.39
❤️ Life expectancy
83.5
76.3
👮 Corruption perceptions index
63
69
🌐 English speaking %
20%
95.5%
🎓 Higher education
87
100
😀 Quality of life
87
86
🏙️ Population
51.5M
331M

The average cost of living in South Korea ($1118) is 54% less expensive than in the United States ($2433). South Korea ranked 62nd 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 2.1 months in South Korea compared to 1.9 months in the United States. Ranked 20th 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
$6.47
$18.4
🥂 Dinner in a Restaurant, for 2
$35
$73.1
🥪 Fast food meal, equiv. McDonald's
$5.62
$10.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.31
$6.08
 Cappuccino
$3.63
$5.09
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.46
$2.51
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$466
$1611
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$323
$1301
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1256
$2861
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$839
$2352
🔌 Utility Bill one person, electricity, heating, water, etc.
$99.4
$122
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$153
$188
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.9
$67
🏦 Mortgage Interest Rate for 20 Years
4.46%
6.5%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$10104
$4763
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6925
$3852
Transportation
🚌 Local transport ticket
$1.06
$2.38
🎟️ Monthly ticket local transport
$44.3
$71.8
🚕 Taxi Ride, 8 km or 5 mi
$9.06
$18.4
 Gas / Petrol, 1 L or 0.26 gal
$1.24
$0.99
Groceries
🥛 Milk, 1 L or 1 qt
$2.07
$1.09
🍞 Bread, 0.5 kg or 1.1 lb
$2.86
$3.44
🍚 Rice, 1 kg or 2.2 lb
$3.19
$4.32
🥚 Eggs, x12
$3.26
$3.89
🧀 Cheese, 1 kg or 2.2 lb
$11.8
$13
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.08
$11.8
🥩 Round Steak, 1 kg or 2.2 lb
$31.2
$16.4
🍏 Apples, 1 kg or 2.2 lb
$6.08
$5.02
🍌 Banana, 1 kg or 2.2 lb
$3.32
$1.78
🍊 Oranges, 1 kg or 2.2 lb
$5.58
$4.43
🍅 Tomato, 1 kg or 2.2 lb
$5.12
$4.66
🥔 Potato, 1 kg or 2.2 lb
$3.6
$2.78
🧅 Onion, 1 kg or 2.2 lb
$2.97
$2.87
🌊 Water, 1 L or 1 qt
$0.68
$1.41
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.53
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$15.3
$14.4
🍺 Beer, 0.5 L or 16 fl oz
$2.1
$2.12
🚬 Cigarette pack
$3.35
$10.1
💊 Cold medicince, 1 week
$4.94
$9.27
🧴 Hair Shampoo
$5.38
$5.79
🧻 Toilet paper, 4 rolls
$2.37
$4.29
👄 Toothpaste, 1 tube
$2.13
$2.09
Other
🏋️ Gym Membership, 1 month
$51.9
$50
🎫 Cinema Ticket, 1 person
$9.9
$13.9
👩‍⚕️ Doctor's visit
$28.1
$116
💇 Haircut, simple
$8.02
$20.4
👖 Brand Jeans
$62.1
$53.2
👟 Brand Sneakers
$78
$89.3
👶 Daycare or Preschool, 1 month
$385
$1423
🏫 International Primary School, 1 year
$17694
$19463

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
$1444
9.67M
Busan
$1029
3.45M
Incheon
$1020
2.94M
Daegu
$1113
2.44M
Daejeon
$924
1.48M
Gwangju
$1147
1.49M
Suwon
$987
1.23M
Ulsan
$1078
1.15M
Seongnam
$1121
949K
Changwon
$1073
1.05M
Cheongju
$903
849K
Yongin
$1256
971K
Jeju Island
$1056
678K
Goyang
$1144
1.06M
Hwaseong
$1088
904K
Namyangju
$1106
713K
Bucheon
$1152
793K
Gimhae
$907
534K
Jeju
$1003
435K
Cheonan
$940
652K
Ansan
$1127
653K
Siheung
$1081
425K
Uijeongbu
$986
463K
Anyang
$1097
548K
Gunsan
$975
275K
Pohang
$989
504K
Masan
$1006
430K
Jeonju
$787
653K
Pyeongtaek
$924
458K
Paju
$1072
415K

In the United States

City Cost of living Population
New York City
$4044
8.8M
Los Angeles
$3165
3.9M
Chicago
$2613
2.75M
Houston
$2221
2.3M
San Diego
$3427
1.39M
Phoenix
$2390
1.61M
Dallas
$2497
1.3M
San Jose
$3502
1.01M
Philadelphia
$2422
1.6M
San Francisco
$3729
874K
San Antonio
$2219
1.43M
Austin
$2590
962K
Seattle
$2974
737K
Washington
$3079
690K
Indianapolis
$2129
888K
Charlotte
$2710
875K
Hempstead
$2627
793K
Fort Worth
$2173
919K
Boston
$3345
676K
Jacksonville
$2246
950K
Denver
$2771
716K
Columbus
$2202
906K
Nashville
$2623
689K
Portland
$2579
653K
Louisville
$1918
633K
Atlanta
$2648
499K
Baltimore
$2197
586K
Detroit
$1979
639K
Las Vegas
$2408
642K
El Paso
$1613
679K