Cost of living in South Korea compared to Israel
Currency:
| Food | - 10% | |||
|---|---|---|---|---|
| Food in South Korea is 10% cheaper than in Israel | ||||
| Basic lunchtime menu (including a drink) in the business district | ₩9,411 (27 ₪) | 62 ₪ | - 56% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ₩6,661 (19 ₪) | 51 ₪ | - 62% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩5,558 (16 ₪) | 21 ₪ | - 23% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,243 (7 ₪) | 6 ₪ | + 9% | |
| 12 eggs, large | ₩4,906 (14 ₪) | 14 ₪ | - 1% | |
| 1 kg (2 lb.) of tomatoes | ₩6,379 (19 ₪) | 5.95 ₪ | + 212% | |
| 500 gr (16 oz.) of local cheese | ₩13,015 (38 ₪) | 24 ₪ | + 58% | |
| 1 kg (2 lb.) of apples | ₩5,944 (17 ₪) | 10 ₪ | + 77% | |
| 1 kg (2 lb.) of potatoes | ₩3,678 (11 ₪) | 4.04 ₪ | + 165% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,166 (6 ₪) | 9 ₪ | - 33% | |
| 1 bottle of red table wine, good quality | ₩22,522 (66 ₪) | 58 ₪ | + 14% | |
| 2 liters of coca-cola | ₩2,819 (8 ₪) | 8 ₪ | - 3% | |
| Bread for 2 people for 1 day | ₩2,980 (9 ₪) | 4.92 ₪ | + 77% | |
| Housing | - 20% | |||
| Housing in South Korea is 20% cheaper than in Israel | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ₩1,839,660 (5,359 ₪) | 6,914 ₪ | - 22% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ₩1,187,480 (3,459 ₪) | 5,694 ₪ | - 39% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩250,846 (731 ₪) | 680 ₪ | + 7% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ₩1,200,300 (3,496 ₪) | 4,730 ₪ | - 26% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ₩587,302 (1,711 ₪) | 3,665 ₪ | - 53% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ₩81,680 (238 ₪) | 353 ₪ | - 33% | |
| Internet 8 mbps (1 month) | ₩41,339 (120 ₪) | 71 ₪ | + 70% | |
| 40” flat screen tv | ₩352,573 (1,027 ₪) | 1,349 ₪ | - 24% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ₩113,587 (331 ₪) | 414 ₪ | - 20% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩13,071 (38 ₪) | 23 ₪ | + 65% | |
| Hourly rate for cleaning help | ₩13,039 (38 ₪) | 49 ₪ | - 22% | |
| Clothes | - 2% | |||
| Clothes in South Korea is about the same as in Israel | ||||
| 1 pair of jeans (levis 501 or similar) | ₩41,844 (122 ₪) | 213 ₪ | - 43% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ₩52,250 (152 ₪) | 138 ₪ | + 10% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ₩95,365 (278 ₪) | 338 ₪ | - 18% | |
| 1 pair of men’s leather business shoes | ₩173,054 (504 ₪) | 354 ₪ | + 42% | |
| Transportation | - 12% | |||
| Transportation in South Korea is 12% cheaper than in Israel | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ₩30,595,300 (89,118 ₪) | 138,844 ₪ | - 36% | |
| 1 liter (1/4 gallon) of gas | ₩1,439 (4.19 ₪) | 5.48 ₪ | - 23% | |
| Monthly ticket public transport | ₩80,931 (236 ₪) | 225 ₪ | + 5% | |
| Personal Care | + 3% | |||
| Personal Care in South Korea is about the same as in Israel | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ₩6,377 (19 ₪) | 31 ₪ | - 41% | |
| 1 box of antibiotics (12 doses) | ₩7,390 (22 ₪) | 28 ₪ | - 22% | |
| Short visit to private doctor (15 minutes) | ₩96,192 (280 ₪) | 288 ₪ | - 3% | |
| 1 box of 32 tampons (tampax, ob, ...) | ₩21,662 (63 ₪) | 23 ₪ | + 179% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩8,130 (24 ₪) | 19 ₪ | + 22% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩8,324 (24 ₪) | 14 ₪ | + 68% | |
| 4 rolls of toilet paper | ₩1,815 (5.29 ₪) | 7 ₪ | - 29% | |
| Tube of toothpaste | ₩2,204 (6 ₪) | 11 ₪ | - 39% | |
| Standard men's haircut in expat area of the city | ₩17,384 (51 ₪) | 68 ₪ | - 25% | |
| Entertainment | + 10% | |||
| Entertainment in South Korea is 10% more expensive than in Israel | ||||
| Basic dinner out for two in neighborhood pub | ₩33,460 (97 ₪) | 145 ₪ | - 33% | |
| 2 tickets to the movies | ₩20,876 (61 ₪) | 78 ₪ | - 22% | |
| 2 tickets to the theater (best available seats) | ₩165,595 (482 ₪) | 160 ₪ | + 201% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩67,775 (197 ₪) | 305 ₪ | - 35% | |
| 1 cocktail drink in downtown club | ₩10,109 (29 ₪) | 48 ₪ | - 39% | |
| Cappuccino in expat area of the city | ₩5,000 (15 ₪) | 14 ₪ | + 2% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩5,279 (15 ₪) | 28 ₪ | - 45% | |
| Ipad wi-fi 128gb | ₩669,053 (1,949 ₪) | 2,576 ₪ | - 24% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩1,500 (4.37 ₪) | 1.82 ₪ | + 140% | |
| 1 month of gym membership in business district | ₩61,508 (179 ₪) | 237 ₪ | - 24% | |
| 1 package of marlboro cigarettes | ₩4,500 (13 ₪) | 33 ₪ | - 60% | |
| TOTAL | - 10% | |||
These prices were last updated on February 21, 2021.
Exchange rate:
0.00291
ILS
/
KRW
This comparison is based on abundant and consistent data. It is based on 1,270 prices entered by 193 different people.
Cost of living in South Korea is 10% cheaper than in Israel
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