Cost of living comparison
South Korea is 51.3% cheaper than Bermuda.
If you lived in South Korea instead of Bermuda, you would:
pay 70.5% less for restaurants
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$50.00
BMD50.00
|
$6.16
₩8,598
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.00
BMD15.00
|
$5.24
₩7,313
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.30
BMD3.30
|
$1.47
₩2,055
|
|
| Bottle of water (11 fl. oz) |
$3.00
BMD3.00
|
$0.79
₩1,105
|
|
pay 49.6% less for groceries
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$8.28
BMD8.28
|
$3.08
₩4,295
|
|
| Local cheese (8 oz) |
$6.63
BMD6.63
|
$5.40
₩7,544
|
|
| Milk (1 gallon) |
$17.06
BMD17.06
|
$7.46
₩10,411
|
|
|
Eggs
1 dozen
|
$7.24
BMD7.24
|
$2.76
₩3,849
|
|
| Boneless chicken breast (1 lb) |
$11.11
BMD11.11
|
$3.32
₩4,635
|
|
| Apples (1 lb) |
$4.68
BMD4.68
|
$3.17
₩4,422
|
|
| Bananas (1 lb) |
$2.88
BMD2.88
|
$1.49
₩2,078
|
|
| Oranges (1 lb) |
$4.48
BMD4.48
|
$2.53
₩3,534
|
|
| Tomatoes (1 lb) |
$4.31
BMD4.31
|
$2.41
₩3,370
|
|
| Potatoes (1 lb) |
$4.04
BMD4.04
|
$1.82
₩2,547
|
|
| Onions (1 lb) |
$2.60
BMD2.60
|
$1.21
₩1,689
|
|
pay 45.7% less for transportation
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.54
BMD8.54
|
$4.39
₩6,132
|
|
| Monthly public transit pass |
$68.50
BMD68.50
|
$45.32
₩63,258
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,000.00
BMD35,000.00
|
$27,023.07
₩37,722,173
|
|
| Taxi trip in downtown area (5 miles) |
$36.61
BMD36.61
|
$8.17
₩11,407
|
|
pay 72.5% less for housing
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$130.94
BMD130.94
|
$17.65
₩24,644
|
|
| 1-Bedroom apartment in downtown area |
$3,195.45
BMD3,195.45
|
$426.93
₩595,965
|
|
| 1-Bedroom apartment outside city center |
$1,958.33
BMD1,958.33
|
$328.41
₩458,440
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$168.39
BMD168.39
|
$111.42
₩155,538
|
|
pay 39.2% less for childcare
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,320.00
BMD1,320.00
|
$373.40
₩521,239
|
|
| Middle school for 1 child, two semesters |
$24,571.43
BMD24,571.43
|
$22,907.58
₩31,977,257
|
|
pay 54.2% less for entertainment and sports
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.50
BMD9.50
|
$3.09
₩4,319
|
|
| Cappuccino in mid-range area |
$5.44
BMD5.44
|
$3.39
₩4,731
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.62
BMD17.62
|
$3.21
₩4,486
|
|
| Monthly membership at local gym |
$120.17
BMD120.17
|
$45.71
₩63,810
|
|
| Movie ticket to theater/cinema |
$13.00
BMD13.00
|
$10.10
₩14,097
|
|
pay 27.6% less for clothing
|
Bermuda
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$63.75
BMD63.75
|
$60.70
₩84,739
|
|
|
Regular dress
from H&M or similar store
|
$70.00
BMD70.00
|
$44.52
₩62,150
|
|
|
Running shoes
Nike or Adidas
|
$134.00
BMD134.00
|
$72.99
₩101,892
|
|
| Men's business shoes (leather) |
$122.60
BMD122.60
|
$93.73
₩130,840
|
|
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