Cost of living in South Korea compared to Italy
Currency:
| Food | + 9% | |||
|---|---|---|---|---|
| Food in South Korea is 9% more expensive than in Italy | ||||
| South Korea | Italy | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | ₩10,778 (€8) | €17 | - 54% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ₩6,239 (€4.54) | €9 | - 49% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩5,987 (€4.36) | €4.82 | - 10% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,684 (€1.95) | €1.28 | + 52% | |
| 12 eggs, large | ₩6,039 (€4.40) | €3.82 | + 15% | |
| 1 kg (2 lb.) of tomatoes | ₩7,203 (€5.24) | €2.50 | + 110% | |
| 500 gr (16 oz.) of local cheese | ₩16,031 (€12) | €7 | + 69% | |
| 1 kg (2 lb.) of apples | ₩8,264 (€6) | €2.53 | + 138% | |
| 1 kg (2 lb.) of potatoes | ₩3,965 (€2.89) | €1.60 | + 81% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,750 (€2.00) | €1.29 | + 55% | |
| 1 bottle of red table wine, good quality | ₩21,608 (€16) | €7 | + 116% | |
| 2 liters of coca-cola | ₩3,603 (€2.62) | €1.83 | + 43% | |
| Bread for 2 people for 1 day | ₩3,056 (€2.23) | €1.31 | + 70% | |
| Housing | + 29% | |||
| Housing in South Korea is 29% more expensive than in Italy | ||||
| South Korea | Italy | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ₩3,187,450 (€2,321) | €1,259 | + 84% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ₩1,635,570 (€1,191) | €867 | + 37% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩296,309 (€216) | €203 | + 6% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ₩1,563,740 (€1,139) | €842 | + 35% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ₩779,612 (€568) | €591 | - 4% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ₩86,783 (€63) | €137 | - 54% | |
| Internet 8 mbps (1 month) | ₩32,020 (€23) | €25 | - 8% | |
| 40” flat screen tv | ₩219,090 (€160) | €336 | - 53% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ₩89,516 (€65) | €133 | - 51% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩15,042 (€11) | €6 | + 77% | |
| Hourly rate for cleaning help | ₩13,774 (€10) | €11 | - 9% | |
| Clothes | - 6% | |||
| Clothes in South Korea is 6% cheaper than in Italy | ||||
| South Korea | Italy | Diff | ||
| 1 pair of jeans (levis 501 or similar) | ₩69,705 (€51) | €71 | - 28% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ₩54,258 (€40) | €32 | + 22% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ₩89,867 (€65) | €84 | - 22% | |
| 1 pair of men’s leather business shoes | ₩127,854 (€93) | €115 | - 19% | |
| Transportation | + 4% | |||
| Transportation in South Korea is 4% more expensive than in Italy | ||||
| South Korea | Italy | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ₩35,091,300 (€25,549) | €25,081 | + 2% | |
| 1 liter (1/4 gallon) of gas | ₩1,780 (€1.30) | €1.81 | - 29% | |
| Monthly ticket public transport | ₩59,034 (€43) | €35 | + 21% | |
| Personal Care | + 12% | |||
| Personal Care in South Korea is 12% more expensive than in Italy | ||||
| South Korea | Italy | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ₩16,011 (€12) | €9 | + 31% | |
| 1 box of antibiotics (12 doses) | ₩4,500 (€3.28) | €13 | - 74% | |
| Short visit to private doctor (15 minutes) | ₩22,735 (€17) | €71 | - 77% | |
| 1 box of 32 tampons (tampax, ob, ...) | ₩21,034 (€15) | €5.45 | + 181% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩10,694 (€8) | €3.03 | + 157% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩5,744 (€4.18) | €2.96 | + 41% | |
| 4 rolls of toilet paper | ₩5,884 (€4.28) | €1.83 | + 134% | |
| Tube of toothpaste | ₩3,228 (€2.35) | €1.62 | + 45% | |
| Standard men's haircut in expat area of the city | ₩16,160 (€12) | €17 | - 31% | |
| Entertainment | - 6% | |||
| Entertainment in South Korea is 6% cheaper than in Italy | ||||
| South Korea | Italy | Diff | ||
| Basic dinner out for two in neighborhood pub | ₩29,483 (€21) | €39 | - 45% | |
| 2 tickets to the movies | ₩23,679 (€17) | €17 | + 0% | |
| 2 tickets to the theater (best available seats) | ₩273,150 (€199) | €66 | + 203% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩67,850 (€49) | €69 | - 28% | |
| 1 cocktail drink in downtown club | ₩40,981 (€30) | €9 | + 235% | |
| Cappuccino in expat area of the city | ₩5,601 (€4.08) | €1.70 | + 139% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩4,139 (€3.01) | €4.97 | - 39% | |
| Ipad wi-fi 128gb | ₩649,900 (€473) | €487 | - 3% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩236 (€0.17) | €0.20 | - 14% | |
| 1 month of gym membership in business district | ₩68,568 (€50) | €48 | + 4% | |
| 1 package of marlboro cigarettes | ₩4,500 (€3.28) | €5.72 | - 43% | |
| TOTAL | + 12% | |||
These prices were last updated on December 04, 2022.
Exchange rate:
0.00073
EUR
/
KRW
This comparison is based on abundant and consistent data. It is based on 2,134 prices entered by 303 different people.
Cost of living in South Korea is 12% more expensive than in Italy
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