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

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

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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Table of contents

Grocery

EURUSDKRW

United States vs. South Korea - grocery purchase prices. You would pay on average 1.06 times more for grocery shopping in the United States than in South Korea.

Apples (1kg)

One kilogram of apples costs 5.38 EUR (5.84 USD) in the United States and 5.69 EUR (6.18 USD) in South Korea. The price of this product is 5.4% lower in the United States.

5.38 EUR
5.69 EUR

Banana (1kg)

1 kilogram of bananas costs 2.2 EUR (2.39 USD) in the United States and 3.27 EUR (3.56 USD) in South Korea. The price of this product is 32.7% lower in the United States.

2.20 EUR
3.27 EUR

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

One kilogram of beef or similar meat costs 19.33 EUR (20.99 USD) in the United States and 38.93 EUR (42.28 USD) in South Korea. The price of this product is 50.3% lower in the United States.

19.33 EUR
38.93 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 16.57 EUR (18 USD) in the United States and 13.54 EUR (14.7 USD) in South Korea. The price of this product is 18.3% lower in South Korea.

16.57 EUR
13.54 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 16.04 EUR (17.42 USD) in the United States and 9.53 EUR (10.35 USD) in South Korea. The price of this product is 40.6% lower in South Korea.

16.04 EUR
9.53 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 14.73 EUR (16 USD) in the United States and 3.05 EUR (3.31 USD) in South Korea. The price of this product is 79.3% lower in South Korea.

14.73 EUR
3.05 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 2.96 EUR (3.21 USD) in the United States and 1.93 EUR (2.09 USD) in South Korea. The price of this product is 34.8% lower in South Korea.

2.96 EUR
1.93 EUR

Eggs (regular) (12)

You will pay 4.36 EUR (4.74 USD) for 12 eggs in the United States and 3.41 EUR (3.7 USD) in South Korea. The price of this product is 21.8% lower in South Korea.

4.36 EUR
3.41 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.62 EUR (3.93 USD) in the United States and 2.17 EUR (2.36 USD) in South Korea. The price of this product is 40.1% lower in South Korea.

3.62 EUR
2.17 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

23.01 EUR
-

Lettuce (1 head)

One head of lettuce costs 2.61 EUR (2.84 USD) in the United States and 2.11 EUR (2.29 USD) in South Korea. The price of this product is 19.2% lower in South Korea.

2.61 EUR
2.11 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 3.93 EUR (4.27 USD) in the United States and 2.79 EUR (3.03 USD) in South Korea. The price of this product is 29% lower in South Korea.

3.93 EUR
2.79 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 15.39 EUR (16.71 USD) in the United States and 10.17 EUR (11.04 USD) in South Korea. The price of this product is 33.9% lower in South Korea.

15.39 EUR
10.17 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.15 EUR (1.25 USD) in the United States and 1.96 EUR (2.12 USD) in South Korea. The price of this product is 41.3% lower in the United States.

1.15 EUR
1.96 EUR

Onion (1kg)

One kilogram of onions costs 3.59 EUR (3.9 USD) in the United States and 2.71 EUR (2.94 USD) in South Korea. The price of this product is 24.5% lower in South Korea.

3.59 EUR
2.71 EUR

Oranges (1kg)

One kilogram of oranges costs 4.91 EUR (5.33 USD) in the United States and 5.53 EUR (6.01 USD) in South Korea. The price of this product is 11.2% lower in the United States.

4.91 EUR
5.53 EUR

Potato (1kg)

One kilogram of potatoes costs 3.92 EUR (4.26 USD) in the United States and 3.39 EUR (3.68 USD) in South Korea. The price of this product is 13.5% lower in South Korea.

3.92 EUR
3.39 EUR

Rice (white), (1kg)

One kilogram of white rice costs 7.57 EUR (8.22 USD) in the United States and 3.21 EUR (3.48 USD) in South Korea. The price of this product is 57.6% lower in South Korea.

7.57 EUR
3.21 EUR

Smirnoff Red Label Vodka 0.7 Litre

A 0.7 liter bottle of Smirnoff Red Label vodka costs 8.27 EUR (8.98 USD) in the United States and 16.63 EUR (18.06 USD) in South Korea. The price of this product is 50.3% lower in the United States.

8.27 EUR
16.63 EUR

Tomato (1kg)

One kilogram of tomatoes costs 5.75 EUR (6.25 USD) in the United States and 5.55 EUR (6.03 USD) in South Korea. The price of this product is 3.5% lower in South Korea.

5.75 EUR
5.55 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 2.3 EUR (2.5 USD) in the United States and 0.93 EUR (1.01 USD) in South Korea. The price of this product is 59.6% lower in South Korea.

2.30 EUR
0.93 EUR

Restaurant

EURUSDKRW

United States vs. South Korea - expenses on meals in restaurants. You would pay 2.17 times more for meals in restaurants in the United States than in South Korea.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 4.81 EUR (5.22 USD) in the United States and 3.52 EUR (3.83 USD) in South Korea. The price of this product is 26.8% lower in South Korea.

4.81 EUR
3.52 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.58 EUR (2.8 USD) in the United States and 1.33 EUR (1.45 USD) in South Korea. The price of this product is 48.4% lower in South Korea.

2.58 EUR
1.33 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 7.37 EUR (8 USD) in the United States and 2.71 EUR (2.94 USD) in South Korea. The price of this product is 63.2% lower in South Korea.

7.37 EUR
2.71 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 9.21 EUR (10 USD) in the United States and 4.74 EUR (5.15 USD) in South Korea. The price of this product is 48.5% lower in South Korea.

9.21 EUR
4.74 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 11.05 EUR (12 USD) in the United States and 5.41 EUR (5.88 USD) in South Korea. The price of this product is 51% lower in South Korea.

11.05 EUR
5.41 EUR

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

A three-course meal for two people at a mid-range restaurant costs 92.07 EUR (100 USD) in the United States and 45.68 EUR (49.62 USD) in South Korea. The price of this product is 50.4% lower in South Korea.

92.07 EUR
45.68 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 23.02 EUR (25 USD) in the United States and 6.09 EUR (6.62 USD) in South Korea. The price of this product is 73.5% lower in South Korea.

23.02 EUR
6.09 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 2.03 EUR (2.2 USD) in the United States and 0.72 EUR (0.78 USD) in South Korea. The price of this product is 64.5% lower in South Korea.

2.03 EUR
0.72 EUR

Fuel

EURUSDKRW

United States vs. South Korea - expenses related to fuel. You would pay 1.17 times less for fuel in the United States than in South Korea.

Diesel 1L

A liter of diesel costs 1 EUR (1.09 USD) in the United States and 1.05 EUR (1.14 USD) in South Korea. The price of this product is 4.8% lower in the United States.

1.00 EUR
1.05 EUR

Gasoline 1L

A liter of gasoline costs 0.85 EUR (0.92 USD) in the United States and 1.12 EUR (1.21 USD) in South Korea. The price of this product is 24.1% lower in the United States.

0.85 EUR
1.12 EUR

LPG 1L

-
0.68 EUR

Transportation

EURUSDKRW

United States vs. South Korea - costs of transportation and public communication. You would pay 3.06 times more for transportation in the United States than in South Korea.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 118.78 EUR (129 USD) in the United States and 37.22 EUR (40.43 USD) in South Korea. The price of this product is 68.7% lower in South Korea.

118.78 EUR
37.22 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.53 EUR (2.75 USD) in the United States and 0.88 EUR (0.96 USD) in South Korea. The price of this product is 65.2% lower in South Korea.

2.53 EUR
0.88 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 27.62 EUR (30 USD) in the United States and 9.14 EUR (9.92 USD) in South Korea. The price of this product is 66.9% lower in South Korea.

27.62 EUR
9.14 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.71 EUR (1.86 USD) in the United States and 0.74 EUR (0.81 USD) in South Korea. The price of this product is 56.7% lower in South Korea.

1.71 EUR
0.74 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 4.14 EUR (4.5 USD) in the United States and 2.57 EUR (2.79 USD) in South Korea. The price of this product is 37.9% lower in South Korea.

4.14 EUR
2.57 EUR

Sports & entertainment

EURUSDKRW

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

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 16.57 EUR (18 USD) in the United States and 9.48 EUR (10.29 USD) in South Korea. The price of this product is 42.8% lower in South Korea.

16.57 EUR
9.48 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 90.47 EUR (98.26 USD) in the United States and 47.44 EUR (51.52 USD) in South Korea. The price of this product is 47.6% lower in South Korea.

90.47 EUR
47.44 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 34.99 EUR (38 USD) in the United States and 16.48 EUR (17.89 USD) in South Korea. The price of this product is 52.9% lower in South Korea.

34.99 EUR
16.48 EUR

Flats for rent

EURUSDKRW

United States vs. South Korea - costs of renting an apartment. You would pay about 3.14 times more for renting an apartment in the United States than in South Korea.

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 3499 EUR (3800.48 USD) in the United States and 665.61 EUR (722.9 USD) in South Korea. The price of this product is 81% lower in South Korea.

3 499 EUR
665.61 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 2192 EUR (2380.18 USD) in the United States and 520.56 EUR (565.37 USD) in South Korea. The price of this product is 76.3% lower in South Korea.

2 192 EUR
520.56 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 6532 EUR (7094.09 USD) in the United States and 2423 EUR (2631.38 USD) in South Korea. The price of this product is 62.9% lower in South Korea.

6 532 EUR
2 423 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 3782 EUR (4107.47 USD) in the United States and 1492 EUR (1620.23 USD) in South Korea. The price of this product is 60.5% lower in South Korea.

3 782 EUR
1 492 EUR

Flats for sale

EURUSDKRW

United States vs. South Korea - costs of purchasing an apartment. You would pay 1.34 times less for buying an apartment in the United States than in South Korea.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 13146 EUR (14277.9 USD) in the United States and 19130 EUR (20777.08 USD) in South Korea. The price of this product is 31.3% lower in the United States.

13 146 EUR
19 130 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 8540 EUR (9275.19 USD) in the United States and 9981 EUR (10839.98 USD) in South Korea. The price of this product is 14.4% lower in the United States.

8 540 EUR
9 981 EUR

Salary

EURUSDKRW

United States vs. South Korea - average salary. The average salary in the United States is 2.34 times higher than in South Korea.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 5522 EUR (5996.99 USD) in the United States and 2361 EUR (2563.84 USD) in South Korea. The average salary is 57.2% lower in South Korea.

5 522 EUR
2 361 EUR

Hotels

EURUSDKRW

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

One star

104 EUR
47.7 EUR

Two stars

119 EUR
48.3 EUR

Three stars

165 EUR
65.9 EUR

Four stars

223 EUR
118 EUR

Five stars

507 EUR
258 EUR

Average accommodation prices based on Expedia.com data • Update: 15 May 2024 (1 night stay for 2 people on 29 May 2024) • United States: 20 cities, 3791 hotels • South Korea: 20 cities, 1302 hotels

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