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  3. Cost of Living & Prices: South Korea vs. United States

Cost of Living & Prices:
South Korea vs. United States

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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SeoulSeoul
New York, NYNew York, NY

Table of contents

Grocery

EURUSDKRW

South Korea vs. United States - grocery purchase prices. You would pay on average 1.11 times less for grocery shopping in South Korea than in the United States.

Apples (1kg)

One kilogram of apples costs 5.17 EUR (5.88 USD) in South Korea and 5.14 EUR (5.84 USD) in the United States. The price of this product is 0.6% lower in the United States.

5.17 EUR
5.14 EUR

Banana (1kg)

1 kilogram of bananas costs 2.98 EUR (3.38 USD) in South Korea and 2.1 EUR (2.39 USD) in the United States. The price of this product is 29.5% lower in the United States.

2.98 EUR
2.10 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 35.38 EUR (40.21 USD) in South Korea and 18.47 EUR (20.99 USD) in the United States. The price of this product is 47.8% lower in the United States.

35.38 EUR
18.47 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 12.3 EUR (13.98 USD) in South Korea and 15.84 EUR (18 USD) in the United States. The price of this product is 22.3% lower in South Korea.

12.30 EUR
15.84 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 8.66 EUR (9.84 USD) in South Korea and 15.33 EUR (17.42 USD) in the United States. The price of this product is 43.5% lower in South Korea.

8.66 EUR
15.33 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 2.77 EUR (3.15 USD) in South Korea and 14.08 EUR (16 USD) in the United States. The price of this product is 80.3% lower in South Korea.

2.77 EUR
14.08 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.75 EUR (1.99 USD) in South Korea and 2.82 EUR (3.21 USD) in the United States. The price of this product is 37.9% lower in South Korea.

1.75 EUR
2.82 EUR

Eggs (regular) (12)

You will pay 3.1 EUR (3.52 USD) for 12 eggs in South Korea and 4.17 EUR (4.74 USD) in the United States. The price of this product is 25.7% lower in South Korea.

3.10 EUR
4.17 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.97 EUR (2.24 USD) in South Korea and 3.46 EUR (3.93 USD) in the United States. The price of this product is 43.1% lower in South Korea.

1.97 EUR
3.46 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

-
21.99 EUR

Lettuce (1 head)

One head of lettuce costs 1.92 EUR (2.18 USD) in South Korea and 2.5 EUR (2.84 USD) in the United States. The price of this product is 23.2% lower in South Korea.

1.92 EUR
2.50 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.53 EUR (2.88 USD) in South Korea and 3.76 EUR (4.27 USD) in the United States. The price of this product is 32.7% lower in South Korea.

2.53 EUR
3.76 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 9.24 EUR (10.5 USD) in South Korea and 14.7 EUR (16.71 USD) in the United States. The price of this product is 37.1% lower in South Korea.

9.24 EUR
14.70 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.78 EUR (2.02 USD) in South Korea and 1.1 EUR (1.25 USD) in the United States. The price of this product is 38.2% lower in the United States.

1.78 EUR
1.10 EUR

Onion (1kg)

One kilogram of onions costs 2.46 EUR (2.8 USD) in South Korea and 3.43 EUR (3.9 USD) in the United States. The price of this product is 28.3% lower in South Korea.

2.46 EUR
3.43 EUR

Oranges (1kg)

One kilogram of oranges costs 5.03 EUR (5.71 USD) in South Korea and 4.69 EUR (5.33 USD) in the United States. The price of this product is 6.8% lower in the United States.

5.03 EUR
4.69 EUR

Potato (1kg)

One kilogram of potatoes costs 3.08 EUR (3.5 USD) in South Korea and 3.75 EUR (4.26 USD) in the United States. The price of this product is 17.9% lower in South Korea.

3.08 EUR
3.75 EUR

Rice (white), (1kg)

One kilogram of white rice costs 2.91 EUR (3.31 USD) in South Korea and 7.23 EUR (8.22 USD) in the United States. The price of this product is 59.8% lower in South Korea.

2.91 EUR
7.23 EUR

Smirnoff Red Label Vodka 0.7 Litre

A 0.7 liter bottle of Smirnoff Red Label vodka costs 15.89 EUR (18.06 USD) in South Korea and 7.9 EUR (8.98 USD) in the United States. The price of this product is 50.3% lower in the United States.

15.89 EUR
7.90 EUR

Tomato (1kg)

One kilogram of tomatoes costs 5.04 EUR (5.73 USD) in South Korea and 5.5 EUR (6.25 USD) in the United States. The price of this product is 8.4% lower in South Korea.

5.04 EUR
5.50 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 0.85 EUR (0.97 USD) in South Korea and 2.2 EUR (2.5 USD) in the United States. The price of this product is 61.4% lower in South Korea.

0.85 EUR
2.20 EUR

Restaurant

EURUSDKRW

South Korea vs. United States - expenses on meals in restaurants. You would pay 2.28 times less for meals in restaurants in South Korea than in the United States.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 3.2 EUR (3.64 USD) in South Korea and 4.59 EUR (5.22 USD) in the United States. The price of this product is 30.3% lower in South Korea.

3.20 EUR
4.59 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.21 EUR (1.38 USD) in South Korea and 2.46 EUR (2.8 USD) in the United States. The price of this product is 50.8% lower in South Korea.

1.21 EUR
2.46 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 2.46 EUR (2.8 USD) in South Korea and 7.04 EUR (8 USD) in the United States. The price of this product is 65.1% lower in South Korea.

2.46 EUR
7.04 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 4.31 EUR (4.89 USD) in South Korea and 8.8 EUR (10 USD) in the United States. The price of this product is 51% lower in South Korea.

4.31 EUR
8.80 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 4.92 EUR (5.59 USD) in South Korea and 10.56 EUR (12 USD) in the United States. The price of this product is 53.4% lower in South Korea.

4.92 EUR
10.56 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 41.53 EUR (47.2 USD) in South Korea and 87.99 EUR (100 USD) in the United States. The price of this product is 52.8% lower in South Korea.

41.53 EUR
87.99 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 5.54 EUR (6.29 USD) in South Korea and 22 EUR (25 USD) in the United States. The price of this product is 74.8% lower in South Korea.

5.54 EUR
22.00 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 0.65 EUR (0.74 USD) in South Korea and 1.94 EUR (2.2 USD) in the United States. The price of this product is 66.5% lower in South Korea.

0.65 EUR
1.94 EUR

Fuel

EURUSDKRW

South Korea vs. United States - expenses related to fuel. You would pay 1.23 times more for fuel in South Korea than in the United States.

Diesel 1L

A liter of diesel costs 0.95 EUR (1.08 USD) in South Korea and 0.83 EUR (0.95 USD) in the United States. The price of this product is 12.6% lower in the United States.

0.95 EUR
0.83 EUR

Gasoline 1L

A liter of gasoline costs 1.06 EUR (1.21 USD) in South Korea and 0.81 EUR (0.92 USD) in the United States. The price of this product is 23.6% lower in the United States.

1.06 EUR
0.81 EUR

LPG 1L

0.68 EUR
-

Transportation

EURUSDKRW

South Korea vs. United States - costs of transportation and public communication. You would pay 3.22 times less for transportation in South Korea than in the United States.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 33.84 EUR (38.46 USD) in South Korea and 113.51 EUR (129 USD) in the United States. The price of this product is 70.2% lower in South Korea.

33.84 EUR
113.51 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 0.8 EUR (0.91 USD) in South Korea and 2.42 EUR (2.75 USD) in the United States. The price of this product is 66.9% lower in South Korea.

0.80 EUR
2.42 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 8.31 EUR (9.44 USD) in South Korea and 26.4 EUR (30 USD) in the United States. The price of this product is 68.5% lower in South Korea.

8.31 EUR
26.40 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 0.68 EUR (0.77 USD) in South Korea and 1.64 EUR (1.86 USD) in the United States. The price of this product is 58.5% lower in South Korea.

0.68 EUR
1.64 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 2.34 EUR (2.66 USD) in South Korea and 3.96 EUR (4.5 USD) in the United States. The price of this product is 40.9% lower in South Korea.

2.34 EUR
3.96 EUR

Sports & entertainment

EURUSDKRW

South Korea vs. United States - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 8.61 EUR (9.79 USD) in South Korea and 15.84 EUR (18 USD) in the United States. The price of this product is 45.6% lower in South Korea.

8.61 EUR
15.84 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 43.12 EUR (49.01 USD) in South Korea and 86.46 EUR (98.26 USD) in the United States. The price of this product is 50.1% lower in South Korea.

43.12 EUR
86.46 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 14.98 EUR (17.02 USD) in South Korea and 33.44 EUR (38 USD) in the United States. The price of this product is 55.2% lower in South Korea.

14.98 EUR
33.44 EUR

Flats for rent

EURUSDKRW

South Korea vs. United States - costs of renting an apartment. You would pay about 3.3 times less for renting an apartment in South Korea than in the United States.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 605.04 EUR (687.63 USD) in South Korea and 3344 EUR (3800.48 USD) in the United States. The price of this product is 81.9% lower in South Korea.

605.04 EUR
3 344 EUR

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 473.19 EUR (537.78 USD) in South Korea and 2094 EUR (2380.18 USD) in the United States. The price of this product is 77.4% lower in South Korea.

473.19 EUR
2 094 EUR

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 2202 EUR (2502.97 USD) in South Korea and 6242 EUR (7094.09 USD) in the United States. The price of this product is 64.7% lower in South Korea.

2 202 EUR
6 242 EUR

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 1356 EUR (1541.17 USD) in South Korea and 3614 EUR (4107.47 USD) in the United States. The price of this product is 62.5% lower in South Korea.

1 356 EUR
3 614 EUR

Flats for sale

EURUSDKRW

South Korea vs. United States - costs of purchasing an apartment. You would pay 1.28 times more for buying an apartment in South Korea than in the United States.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 17389 EUR (19763.2 USD) in South Korea and 12563 EUR (14277.9 USD) in the United States. The price of this product is 27.8% lower in the United States.

17 389 EUR
12 563 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 9073 EUR (10311.02 USD) in South Korea and 8161 EUR (9275.19 USD) in the United States. The price of this product is 10.1% lower in the United States.

9 073 EUR
8 161 EUR

Salary

EURUSDKRW

South Korea vs. United States - average salary. The average salary in South Korea is 2.46 times lower than in the United States.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 2146 EUR (2438.73 USD) in South Korea and 5277 EUR (5996.99 USD) in the United States. The average salary is 59.3% lower in South Korea.

2 146 EUR
5 277 EUR

Hotels

EURUSDKRW

South Korea vs. United States - prices of accommodation in hostels, guesthouses, and hotels.

One star

46 EUR
91.3 EUR

Two stars

48.8 EUR
129 EUR

Three stars

63.2 EUR
172 EUR

Four stars

105 EUR
222 EUR

Five stars

247 EUR
529 EUR

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • South Korea: 20 cities, 1512 hotels • United States: 20 cities, 3762 hotels

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