Cost of living in Milan (Italy) is 22% cheaper than in Gwangju (South Korea)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 189 prices entered by 55 different people.
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Currency:
| Food | + 25% | |||
|---|---|---|---|---|
| Food in Milan (Italy) is 25% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Milan | Gwangju | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €16 (₩22,658) | ₩9,317 | + 143% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €10 (₩13,836) | ₩6,285 | + 120% | |
| 500 gr (1 lb.) of boneless chicken breast | €5.85 (₩8,225) | ₩4,508 | + 82% | |
| 1 liter (1 qt.) of whole fat milk | €1.42 (₩1,998) | ₩2,493 | - 20% | |
| 12 eggs, large | €3.95 (₩5,550) | ₩4,277 | + 30% | |
| 1 kg (2 lb.) of tomatoes | €3.19 (₩4,483) | ₩3,000 | + 49% | |
| 500 gr (16 oz.) of local cheese | €7 (₩10,374) | ₩7,161 | + 45% | |
| 1 kg (2 lb.) of apples | €1.99 (₩2,799) | ₩6,693 | - 58% | |
| 1 kg (2 lb.) of potatoes | €1.64 (₩2,311) | ₩4,487 | - 48% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.69 (₩2,378) | ₩1,756 | + 35% | |
| 1 bottle of red table wine, good quality | €8 (₩11,269) | ₩20,000 | - 44% | |
| 2 liters of coca-cola | €1.79 (₩2,519) | ₩2,398 | + 5% | |
| Bread for 2 people for 1 day | €1.36 (₩1,913) | ₩3,008 | - 36% | |
| Housing | + 148% | |||
| Housing in Milan (Italy) is 148% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Milan | Gwangju | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,789 (₩2,516,675) | ₩598,305 | + 321% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,350 (₩1,898,827) | ₩397,436 | + 378% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €188 (₩264,626) | ₩90,769 | + 192% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,040 (₩1,463,316) | ₩610,204 | + 140% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €916 (₩1,288,261) | ₩400,000 | + 222% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €114 (₩160,432) | ₩50,000 | + 221% | |
| Internet 8 mbps (1 month) | €25 (₩34,704) | ₩25,000 | + 39% | |
| 40” flat screen tv | €358 (₩503,416) | - | - | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €119 (₩167,468) | - | - | |
| Laundry detergent (3 l. ~ 100 oz.) | €5.11 (₩7,192) | ₩10,513 | - 32% | |
| Hourly rate for cleaning help | €11 (₩16,124) | - | - | |
| Clothes | + 39% | |||
| Clothes in Milan (Italy) is 39% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Milan | Gwangju | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €79 (₩110,939) | - | - | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €32 (₩44,868) | ₩27,832 | + 61% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €90 (₩127,097) | ₩92,308 | + 38% | |
| 1 pair of men’s leather business shoes | €119 (₩166,817) | ₩80,000 | + 109% | |
| Transportation | - 71% | |||
| Transportation in Milan (Italy) is 71% cheaper than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Milan | Gwangju | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €27,943 (₩39,298,113) | - | - | |
| 1 liter (1/4 gallon) of gas | €1.87 (₩2,624) | ₩1,446 | + 81% | |
| Monthly ticket public transport | €36 (₩50,713) | ₩366,667 | - 86% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €22 (₩31,615) | ₩10,789 | + 193% | |
| Personal Care | - 5% | |||
| Personal Care in Milan (Italy) is 5% cheaper than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Milan | Gwangju | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €9 (₩13,285) | ₩10,000 | + 33% | |
| 1 box of antibiotics (12 doses) | €9 (₩12,503) | - | - | |
| Short visit to private doctor (15 minutes) | €85 (₩119,259) | ₩50,000 | + 139% | |
| 1 box of 32 tampons (tampax, ob, ...) | €5.53 (₩7,775) | - | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.22 (₩4,531) | ₩11,250 | - 60% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.98 (₩4,188) | ₩5,000 | - 16% | |
| 4 rolls of toilet paper | €2.66 (₩3,737) | ₩5,300 | - 29% | |
| Tube of toothpaste | €2.19 (₩3,081) | ₩2,000 | + 54% | |
| Standard men's haircut in expat area of the city | €20 (₩27,926) | ₩12,025 | + 132% | |
| Entertainment | + 71% | |||
| Entertainment in Milan (Italy) is 71% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Milan | Gwangju | Diff | ||
| Basic dinner out for two in neighborhood pub | €50 (₩69,803) | ₩26,164 | + 167% | |
| 2 tickets to the movies | €20 (₩28,127) | ₩17,828 | + 58% | |
| 2 tickets to the theater (best available seats) | €95 (₩133,232) | - | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €90 (₩126,230) | ₩40,000 | + 216% | |
| 1 cocktail drink in downtown club | €11 (₩15,526) | ₩7,000 | + 122% | |
| Cappuccino in expat area of the city | €2.01 (₩2,833) | ₩4,435 | - 36% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €5.13 (₩7,221) | ₩3,380 | + 114% | |
| Ipad wi-fi 128gb | €492 (₩691,382) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.17 (₩241) | - | - | |
| 1 month of gym membership in business district | €70 (₩98,553) | ₩42,000 | + 135% | |
| 1 package of marlboro cigarettes | €5.86 (₩8,239) | ₩3,144 | + 162% | |
 |
TOTAL | - 22% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 189 prices entered by 55 different people.
These prices were last updated on March 22, 2023.
Exchange rate:
1406.372
KRW
/
EUR
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For example, to keep the same standard of living that would require ₩1,700,000 in Gwangju you would need to make just about ₩1,333,435 (€948) in Milan.
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