Cost of living in South Korea compared to Israel
Currency:
| Food | + 4% | |||
|---|---|---|---|---|
| Food in South Korea is about the same as in Israel | ||||
| Basic lunchtime menu (including a drink) in the business district | ₩9,483 (28 ₪) | 58 ₪ | - 52% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ₩6,559 (20 ₪) | 48 ₪ | - 60% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩6,201 (18 ₪) | 19 ₪ | - 4% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,633 (8 ₪) | 6 ₪ | + 29% | |
| 12 eggs, large | ₩3,973 (12 ₪) | 14 ₪ | - 16% | |
| 1 kg (2 lb.) of tomatoes | ₩6,606 (20 ₪) | 5.98 ₪ | + 229% | |
| 500 gr (16 oz.) of local cheese | ₩10,909 (32 ₪) | 25 ₪ | + 29% | |
| 1 kg (2 lb.) of apples | ₩9,214 (27 ₪) | 11 ₪ | + 161% | |
| 1 kg (2 lb.) of potatoes | ₩5,079 (15 ₪) | 4.78 ₪ | + 216% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,476 (7 ₪) | 9 ₪ | - 22% | |
| 1 bottle of red table wine, good quality | ₩25,498 (76 ₪) | 48 ₪ | + 59% | |
| 2 liters of coca-cola | ₩2,754 (8 ₪) | 8 ₪ | + 1% | |
| Bread for 2 people for 1 day | ₩3,148 (9 ₪) | 7 ₪ | + 37% | |
| Housing | - 37% | |||
| Housing in South Korea is 37% cheaper than in Israel | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ₩1,495,100 (4,447 ₪) | 7,838 ₪ | - 43% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ₩1,111,570 (3,306 ₪) | 5,751 ₪ | - 43% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩252,074 (750 ₪) | 755 ₪ | - 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ₩634,731 (1,888 ₪) | 5,043 ₪ | - 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ₩569,700 (1,695 ₪) | 3,650 ₪ | - 54% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ₩113,814 (339 ₪) | 476 ₪ | - 29% | |
| Internet 8 mbps (1 month) | ₩30,841 (92 ₪) | 78 ₪ | + 18% | |
| 40” flat screen tv | ₩512,722 (1,525 ₪) | 1,369 ₪ | + 11% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ₩113,954 (339 ₪) | 400 ₪ | - 15% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩10,470 (31 ₪) | 33 ₪ | - 4% | |
| Hourly rate for cleaning help | ₩19,321 (57 ₪) | 53 ₪ | + 9% | |
| Clothes | - 3% | |||
| Clothes in South Korea is about the same as in Israel | ||||
| 1 pair of jeans (levis 501 or similar) | ₩71,342 (212 ₪) | 342 ₪ | - 38% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ₩65,686 (195 ₪) | 169 ₪ | + 16% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ₩111,765 (332 ₪) | 454 ₪ | - 27% | |
| 1 pair of men’s leather business shoes | ₩179,488 (534 ₪) | 440 ₪ | + 21% | |
| Transportation | - 16% | |||
| Transportation in South Korea is 16% cheaper than in Israel | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ₩34,775,100 (103,436 ₪) | 134,015 ₪ | - 23% | |
| 1 liter (1/4 gallon) of gas | ₩1,465 (4.36 ₪) | 6 ₪ | - 33% | |
| Monthly ticket public transport | ₩68,780 (205 ₪) | 219 ₪ | - 6% | |
| Personal Care | - 22% | |||
| Personal Care in South Korea is 22% cheaper than in Israel | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ₩5,944 (18 ₪) | 31 ₪ | - 44% | |
| 1 box of antibiotics (12 doses) | ₩7,390 (22 ₪) | 24 ₪ | - 8% | |
| Short visit to private doctor (15 minutes) | ₩20,000 (59 ₪) | 533 ₪ | - 89% | |
| 1 box of 32 tampons (tampax, ob, ...) | ₩18,944 (56 ₪) | 33 ₪ | + 73% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩8,772 (26 ₪) | 21 ₪ | + 24% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩10,077 (30 ₪) | 15 ₪ | + 107% | |
| 4 rolls of toilet paper | ₩3,335 (10 ₪) | 5.69 ₪ | + 74% | |
| Tube of toothpaste | ₩2,422 (7 ₪) | 10 ₪ | - 30% | |
| Standard men's haircut in expat area of the city | ₩14,650 (44 ₪) | 61 ₪ | - 28% | |
| Entertainment | - 30% | |||
| Entertainment in South Korea is 30% cheaper than in Israel | ||||
| Basic dinner out for two in neighborhood pub | ₩33,427 (99 ₪) | 151 ₪ | - 34% | |
| 2 tickets to the movies | ₩21,349 (64 ₪) | 81 ₪ | - 22% | |
| 2 tickets to the theater (best available seats) | ₩237,681 (707 ₪) | 351 ₪ | + 101% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩57,938 (172 ₪) | 272 ₪ | - 37% | |
| 1 cocktail drink in downtown club | ₩11,217 (33 ₪) | 44 ₪ | - 25% | |
| Cappuccino in expat area of the city | ₩4,985 (15 ₪) | 15 ₪ | + 2% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩5,256 (16 ₪) | 30 ₪ | - 47% | |
| Ipad wi-fi 128gb | ₩575,683 (1,712 ₪) | 2,040 ₪ | - 16% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩146 (0.44 ₪) | 0.87 ₪ | - 50% | |
| 1 month of gym membership in business district | ₩71,312 (212 ₪) | 287 ₪ | - 26% | |
| 1 package of marlboro cigarettes | ₩4,555 (14 ₪) | 35 ₪ | - 61% | |
| TOTAL | - 21% | |||
These prices were last updated on January 18, 2020.
Exchange rate:
0.00297
ILS
/
KRW
This comparison is based on abundant and consistent data. It is based on 2,323 prices entered by 298 different people.
Cost of living in South Korea is 21% cheaper than in Israel
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