Cost of living in South Korea compared to Germany
Currency:
| Food | + 13% | |||
|---|---|---|---|---|
| Food in South Korea is 13% more expensive than in Germany | ||||
| South Korea | Germany | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | ₩11,049 (€8) | €15 | - 47% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ₩7,946 (€5.55) | €10 | - 43% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩7,420 (€5.19) | €5.46 | - 5% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,902 (€2.03) | €1.24 | + 63% | |
| 12 eggs, large | ₩6,285 (€4.39) | €4.08 | + 8% | |
| 1 kg (2 lb.) of tomatoes | ₩8,039 (€5.62) | €3.07 | + 83% | |
| 500 gr (16 oz.) of local cheese | ₩7,984 (€5.58) | €6 | - 12% | |
| 1 kg (2 lb.) of apples | ₩8,422 (€5.89) | €2.65 | + 122% | |
| 1 kg (2 lb.) of potatoes | ₩4,900 (€3.43) | €1.92 | + 79% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,939 (€2.05) | €1.02 | + 102% | |
| 1 bottle of red table wine, good quality | ₩20,791 (€15) | €6 | + 142% | |
| 2 liters of coca-cola | ₩3,248 (€2.27) | €2.16 | + 5% | |
| Bread for 2 people for 1 day | ₩4,247 (€2.97) | €1.72 | + 73% | |
| Housing | - 16% | |||
| Housing in South Korea is 16% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ₩3,572,230 (€2,497) | €1,993 | + 25% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ₩2,147,310 (€1,501) | €1,565 | - 4% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩240,148 (€168) | €243 | - 31% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ₩1,264,360 (€884) | €1,217 | - 27% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ₩725,161 (€507) | €925 | - 45% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ₩80,000 (€56) | €214 | - 74% | |
| Internet 8 mbps (1 month) | ₩30,234 (€21) | €37 | - 42% | |
| 40” flat screen tv | ₩433,362 (€303) | €364 | - 17% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ₩100,000 (€70) | €114 | - 39% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩16,029 (€11) | €10 | + 18% | |
| Hourly rate for cleaning help | ₩14,433 (€10) | €17 | - 39% | |
| Clothes | - 7% | |||
| Clothes in South Korea is 7% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| 1 pair of jeans (levis 501 or similar) | ₩85,819 (€60) | €86 | - 30% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ₩61,053 (€43) | €37 | + 17% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ₩96,399 (€67) | €88 | - 24% | |
| 1 pair of men’s leather business shoes | ₩148,450 (€104) | €115 | - 10% | |
| Transportation | - 26% | |||
| Transportation in South Korea is 26% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ₩41,804,000 (€29,223) | €30,308 | - 4% | |
| 1 liter (1/4 gallon) of gas | ₩1,740 (€1.22) | €1.85 | - 34% | |
| Monthly ticket public transport | ₩56,813 (€40) | €60 | - 34% | |
| Personal Care | + 46% | |||
| Personal Care in South Korea is 46% more expensive than in Germany | ||||
| South Korea | Germany | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ₩7,985 (€5.58) | €8 | - 34% | |
| 1 box of antibiotics (12 doses) | ₩12,000 (€8) | €8 | + 11% | |
| Short visit to private doctor (15 minutes) | ₩52,552 (€37) | €72 | - 49% | |
| 1 box of 32 tampons (tampax, ob, ...) | ₩21,034 (€15) | €3.24 | + 354% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩15,000 (€10) | €2.68 | + 291% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩9,644 (€7) | €3.18 | + 112% | |
| 4 rolls of toilet paper | ₩3,593 (€2.51) | €1.78 | + 41% | |
| Tube of toothpaste | ₩8,235 (€5.76) | €1.61 | + 257% | |
| Standard men's haircut in expat area of the city | ₩17,167 (€12) | €22 | - 44% | |
| Entertainment | - 10% | |||
| Entertainment in South Korea is 10% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| Basic dinner out for two in neighborhood pub | ₩34,756 (€24) | €44 | - 45% | |
| 2 tickets to the movies | ₩27,450 (€19) | €24 | - 22% | |
| 2 tickets to the theater (best available seats) | ₩249,761 (€175) | €177 | - 1% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩69,455 (€49) | €62 | - 22% | |
| 1 cocktail drink in downtown club | ₩15,654 (€11) | €10 | + 10% | |
| Cappuccino in expat area of the city | ₩5,510 (€3.85) | €3.52 | + 10% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩4,817 (€3.37) | €4.06 | - 17% | |
| Ipad wi-fi 128gb | ₩757,033 (€529) | €617 | - 14% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩206 (€0.14) | €0.10 | + 39% | |
| 1 month of gym membership in business district | ₩98,667 (€69) | €40 | + 73% | |
| 1 package of marlboro cigarettes | ₩4,500 (€3.15) | €8 | - 61% | |
| TOTAL | - 8% | |||
These prices were last updated on September 30, 2023.
Exchange rate:
0.00070
EUR
/
KRW
This comparison is based on abundant and consistent data. It is based on 3,093 prices entered by 504 different people.
Cost of living in South Korea is 8% cheaper than in Germany
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