Cost of living in South Korea compared to Germany
Currency:
| Food | + 19% | |||
|---|---|---|---|---|
| Food in South Korea is 19% more expensive than in Germany | ||||
| South Korea | Germany | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | ₩11,276 (€8) | €15 | - 45% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ₩6,651 (€4.96) | €9 | - 45% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩5,632 (€4.20) | €5.15 | - 18% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,759 (€2.06) | €1.20 | + 72% | |
| 12 eggs, large | ₩6,581 (€4.91) | €3.52 | + 39% | |
| 1 kg (2 lb.) of tomatoes | ₩7,203 (€5.37) | €2.75 | + 95% | |
| 500 gr (16 oz.) of local cheese | ₩16,031 (€12) | €6 | + 89% | |
| 1 kg (2 lb.) of apples | ₩8,264 (€6) | €2.64 | + 134% | |
| 1 kg (2 lb.) of potatoes | ₩3,965 (€2.96) | €1.79 | + 65% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩3,324 (€2.48) | €0.94 | + 164% | |
| 1 bottle of red table wine, good quality | ₩21,608 (€16) | €7 | + 143% | |
| 2 liters of coca-cola | ₩3,437 (€2.56) | €1.93 | + 33% | |
| Bread for 2 people for 1 day | ₩4,184 (€3.12) | €1.65 | + 89% | |
| Housing | - 9% | |||
| Housing in South Korea is 9% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ₩3,187,450 (€2,376) | €1,978 | + 20% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ₩1,635,570 (€1,219) | €1,501 | - 19% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩254,267 (€190) | €189 | + 0% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ₩1,589,470 (€1,185) | €1,239 | - 4% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ₩779,612 (€581) | €930 | - 37% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ₩86,783 (€65) | €170 | - 62% | |
| Internet 8 mbps (1 month) | ₩32,020 (€24) | €33 | - 29% | |
| 40” flat screen tv | ₩219,090 (€163) | €421 | - 61% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ₩89,516 (€67) | €161 | - 59% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩16,029 (€12) | €9 | + 31% | |
| Hourly rate for cleaning help | ₩13,774 (€10) | €18 | - 41% | |
| Clothes | - 11% | |||
| Clothes in South Korea is 11% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| 1 pair of jeans (levis 501 or similar) | ₩69,705 (€52) | €84 | - 38% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ₩54,258 (€40) | €36 | + 13% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ₩82,310 (€61) | €88 | - 30% | |
| 1 pair of men’s leather business shoes | ₩127,854 (€95) | €121 | - 21% | |
| Transportation | - 27% | |||
| Transportation in South Korea is 27% cheaper than in Germany | ||||
| South Korea | Germany | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ₩35,091,300 (€26,162) | €25,366 | + 3% | |
| 1 liter (1/4 gallon) of gas | ₩1,986 (€1.48) | €1.97 | - 25% | |
| Monthly ticket public transport | ₩59,721 (€45) | €74 | - 40% | |
| Personal Care | + 12% | |||
| Personal Care in South Korea is 12% more expensive than in Germany | ||||
| South Korea | Germany | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ₩8,245 (€6) | €11 | - 46% | |
| 1 box of antibiotics (12 doses) | ₩4,500 (€3.35) | €8 | - 56% | |
| Short visit to private doctor (15 minutes) | ₩22,779 (€17) | €90 | - 81% | |
| 1 box of 32 tampons (tampax, ob, ...) | ₩21,034 (€16) | €3.58 | + 338% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩10,694 (€8) | €2.67 | + 198% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩8,457 (€6) | €3.62 | + 74% | |
| 4 rolls of toilet paper | ₩5,308 (€3.96) | €1.69 | + 134% | |
| Tube of toothpaste | ₩8,235 (€6) | €1.58 | + 289% | |
| Standard men's haircut in expat area of the city | ₩13,185 (€10) | €21 | - 54% | |
| Entertainment | + 25% | |||
| Entertainment in South Korea is 25% more expensive than in Germany | ||||
| South Korea | Germany | Diff | ||
| Basic dinner out for two in neighborhood pub | ₩30,256 (€23) | €39 | - 42% | |
| 2 tickets to the movies | ₩28,339 (€21) | €24 | - 12% | |
| 2 tickets to the theater (best available seats) | ₩379,963 (€283) | €153 | + 86% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩116,906 (€87) | €58 | + 50% | |
| 1 cocktail drink in downtown club | ₩17,287 (€13) | €11 | + 22% | |
| Cappuccino in expat area of the city | ₩7,055 (€5.26) | €3.43 | + 53% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩4,871 (€3.63) | €4.04 | - 10% | |
| Ipad wi-fi 128gb | ₩795,597 (€593) | €583 | + 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩236 (€0.18) | €0.10 | + 77% | |
| 1 month of gym membership in business district | ₩116,074 (€87) | €43 | + 102% | |
| 1 package of marlboro cigarettes | ₩4,500 (€3.35) | €8 | - 59% | |
| TOTAL | - 5% | |||
These prices were last updated on January 26, 2023.
Exchange rate:
0.00075
EUR
/
KRW
This comparison is based on abundant and consistent data. It is based on 2,296 prices entered by 416 different people.
Cost of living in South Korea is 5% cheaper than in Germany
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