Cost of living comparison
South Korea is 2.5 times more expensive than Ghana overall.
- Restaurants
-
pay 2.1 times more in South Korea
- Groceries
-
pay 2.2 times more in South Korea
- Transportation
-
pay 72.4% more in South Korea
- Housing
-
pay 79.1% more in South Korea
- Childcare
-
pay 5.0 times more in South Korea
- Entertainment and Sports
-
pay 2.1 times more in South Korea
- Clothing
-
pay 2.8 times more in South Korea
The cost of childcare, clothing, groceries, entertainment and sports, restaurants, and housing in South Korea are more expensive than in Ghana. Notably, childcare, clothing, and groceries are significantly more expensive in South Korea.
If you lived in South Korea instead of Ghana, you would:
pay 2.1 times more for restaurants
|
Ghana
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.70
GHS57.31
|
$6.16
₩9,057
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.51
GHS85.39
|
$5.24
₩7,703
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.59
GHS9.21
|
$1.47
₩2,164
|
|
| Bottle of water (11 fl. oz) |
$0.25
GHS3.81
|
$0.79
₩1,164
|
|
pay 2.2 times more for groceries
|
Ghana
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.52
GHS23.58
|
$3.08
₩4,524
|
|
| Local cheese (8 oz) |
$3.18
GHS49.25
|
$5.40
₩7,947
|
|
| Milk (1 gallon) |
$8.96
GHS138.90
|
$7.46
₩10,967
|
|
|
Eggs
1 dozen
|
$2.21
GHS34.18
|
$2.76
₩4,055
|
|
| Boneless chicken breast (1 lb) |
$2.08
GHS32.23
|
$3.32
₩4,883
|
|
| Apples (1 lb) |
$1.01
GHS15.67
|
$3.17
₩4,658
|
|
| Bananas (1 lb) |
$0.48
GHS7.50
|
$1.49
₩2,189
|
|
| Oranges (1 lb) |
$0.59
GHS9.21
|
$2.53
₩3,722
|
|
| Tomatoes (1 lb) |
$1.04
GHS16.13
|
$2.41
₩3,550
|
|
| Potatoes (1 lb) |
$0.98
GHS15.18
|
$1.82
₩2,683
|
|
| Onions (1 lb) |
$0.73
GHS11.36
|
$1.21
₩1,779
|
|
pay 72.4% more for transportation
|
Ghana
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.23
GHS65.59
|
$4.39
₩6,459
|
|
| Monthly public transit pass |
$26.38
GHS408.91
|
$45.32
₩66,633
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$8,000.00
GHS123,998.94
|
$27,023.07
₩39,734,716
|
|
| Taxi trip in downtown area (5 miles) |
$10.74
GHS166.44
|
$8.17
₩12,016
|
|
pay 79.1% more for housing
|
Ghana
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$43.21
GHS669.76
|
$17.65
₩25,959
|
|
| 1-Bedroom apartment in downtown area |
$627.15
GHS9,720.70
|
$426.93
₩627,760
|
|
| 1-Bedroom apartment outside city center |
$112.15
GHS1,738.35
|
$328.41
₩482,899
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$35.41
GHS548.89
|
$111.42
₩163,836
|
|
pay 5.0 times more for childcare
|
Ghana
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$57.02
GHS883.73
|
$373.40
₩549,048
|
|
| Middle school for 1 child, two semesters |
$6,571.37
GHS101,855.32
|
$22,907.58
₩33,683,299
|
|
pay 2.1 times more for entertainment and sports
|
Ghana
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.95
GHS14.69
|
$3.09
₩4,549
|
|
| Cappuccino in mid-range area |
$1.69
GHS26.12
|
$3.39
₩4,984
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.20
GHS18.55
|
$3.21
₩4,726
|
|
| Monthly membership at local gym |
$32.36
GHS501.52
|
$45.71
₩67,214
|
|
| Movie ticket to theater/cinema |
$9.33
GHS144.63
|
$10.10
₩14,849
|
|
pay 2.8 times more for clothing
|
Ghana
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$14.87
GHS230.56
|
$60.70
₩89,260
|
|
|
Regular dress
from H&M or similar store
|
$20.10
GHS311.58
|
$44.52
₩65,466
|
|
|
Running shoes
Nike or Adidas
|
$32.71
GHS506.96
|
$72.99
₩107,328
|
|
| Men's business shoes (leather) |
$34.57
GHS535.77
|
$93.73
₩137,821
|
|
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