Cost of living in United States compared to South Korea (2024)

pay 52.4% less for restaurants

United States

South Korea

Basic meal with drink at inexpensive restaurant $18.15 $6.13

₩7,995

-66.2%
Fast food combo meal

McDonalds, or similar

$9.28 $5.18

₩6,755

-44.2%
Bottle of Coca-Cola (11 fl. oz) $2.24 $1.41

₩1,835

-37.3%
Bottle of water (11 fl. oz) $1.77 $0.67

₩880

-61.9%
Average -52.4%

United States vs. South Korea - Cost of restaurants

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pay 20.1% more for groceries

United States

South Korea

Bread

1 loaf

$3.17 $2.74

₩3,578

-13.5%
Local cheese (8 oz) $5.93 $8.12

₩10,590

+37.0%
Milk (1 gallon) $3.83 $7.20

₩9,392

+88.1%
Eggs

1 dozen

$4.01 $2.73

₩3,563

-31.9%
Boneless chicken breast (1 lb) $5.32 $3.58

₩4,676

-32.6%
Apples (1 lb) $2.19 $2.90

₩3,778

+32.1%
Bananas (1 lb) $0.76 $1.51

₩1,969

+99.0%
Oranges (1 lb) $1.93 $2.66

₩3,471

+38.1%
Tomatoes (1 lb) $2.05 $2.29

₩2,991

+11.7%
Potatoes (1 lb) $1.29 $1.40

₩1,822

+8.5%
Onions (1 lb) $1.27 $1.08

₩1,414

-14.9%
Average +20.1%

pay 7.0% less for transportation

United States

South Korea

Gasoline (1 gallon) $3.72 $4.92

₩6,423

+32.2%
Monthly public transit pass $63.08 $43.73

₩57,039

-30.7%
New Volkswagen Golf 1.4 (standard edition) $25,096.27 $28,660.56

₩37,383,970

+14.2%
Taxi trip in downtown area (5 miles) $16.64 $9.34

₩12,177

-43.9%
Average -7.0%

United States vs. South Korea - Cost of transportation

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pay 60.2% less for housing

United States

South Korea

Internet connection

50 mbps or faster, cable/dsl

$70.73 $21.09

₩27,508

-70.2%
1-Bedroom apartment in downtown area $1,528.07 $392.42

₩511,864

-74.3%
1-Bedroom apartment outside city center $1,282.97 $302.43

₩394,480

-76.4%
Utilities for two (700 sq ft apartment)

including electric, gas, water, heating

$138.81 $111.18

₩145,015

-19.9%
Average -60.2%

United States vs. South Korea - Cost of housing

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pay 25.4% less for childcare

United States

South Korea

Private preschool for 1 child, monthly $1,137.97 $342.96

₩447,341

-69.9%
Middle school for 1 child, two semesters $15,943.15 $18,987.50

₩24,766,726

+19.1%
Average -25.4%

United States vs. South Korea - Cost of childcare

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pay 30.7% less for entertainment and sports

United States

South Korea

Domestic/local beer (1 pint) $5.19 $2.92

₩3,806

-43.7%
Cappuccino in mid-range area $4.51 $3.29

₩4,290

-27.0%
Pack of cigarettes

Marlboro or similar

$8.57 $3.45

₩4,500

-59.8%
Monthly membership at local gym $42.79 $44.03

₩57,427

+2.9%
Movie ticket to theater/cinema $12.04 $8.93

₩11,642

-25.8%
Average -30.7%

United States vs. South Korea - Cost of entertainment and sports

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pay 1.5% more for clothing

United States

South Korea

Regular jeans

Levi's brand

$45.40 $48.44

₩63,187

+6.7%
Regular dress

from H&M or similar store

$36.73 $44.60

₩58,174

+21.4%
Running shoes

Nike or Adidas

$79.51 $75.46

₩98,424

-5.1%
Men's business shoes (leather) $109.59 $91.03

₩118,742

-16.9%
Average +1.5%

United States vs. South Korea - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2023

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Cost of living in United States compared to South Korea (2024)
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