Cost of living comparison
South Korea is 5.6% cheaper than Gibraltar overall.
- Restaurants
-
pay 53.3% less in South Korea
- Groceries
-
pay 25.9% more in South Korea
- Transportation
-
pay 83.7% more in South Korea
- Housing
-
pay 48.5% less in South Korea
- Childcare
-
pay 3.5% less in South Korea
- Entertainment and Sports
-
pay 22.3% less in South Korea
- Clothing
-
pay 21.0% less in South Korea
The cost of transportation and groceries in South Korea are more expensive than in Gibraltar. Expenses including restaurants, housing, entertainment and sports, clothing, and childcare are lower in South Korea. Notably, transportation is significantly more expensive in South Korea.
If you lived in South Korea instead of Gibraltar, you would:
pay 53.3% less for restaurants
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.66
GIP16.05
|
$6.16
₩8,990
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.98
GIP8.52
|
$5.24
₩7,646
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
GIP1.67
|
$1.47
₩2,148
|
|
| Bottle of water (11 fl. oz) |
$1.94
GIP1.50
|
$0.79
₩1,156
|
|
pay 25.9% more for groceries
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.78
GIP1.38
|
$3.08
₩4,490
|
|
| Local cheese (8 oz) |
$4.65
GIP3.61
|
$5.40
₩7,888
|
|
| Milk (1 gallon) |
$8.40
GIP6.52
|
$7.46
₩10,886
|
|
|
Eggs
1 dozen
|
$3.80
GIP2.95
|
$2.76
₩4,025
|
|
| Boneless chicken breast (1 lb) |
$3.99
GIP3.10
|
$3.32
₩4,847
|
|
| Apples (1 lb) |
$1.83
GIP1.42
|
$3.17
₩4,623
|
|
| Bananas (1 lb) |
$1.61
GIP1.25
|
$1.49
₩2,173
|
|
| Oranges (1 lb) |
$1.86
GIP1.44
|
$2.53
₩3,695
|
|
| Tomatoes (1 lb) |
$1.76
GIP1.36
|
$2.41
₩3,524
|
|
| Potatoes (1 lb) |
$1.05
GIP0.82
|
$1.82
₩2,663
|
|
| Onions (1 lb) |
$0.88
GIP0.69
|
$1.21
₩1,766
|
|
pay 83.7% more for transportation
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.96
GIP4.63
|
$4.39
₩6,411
|
|
| Monthly public transit pass |
$8.33
GIP6.47
|
$45.32
₩66,139
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,804.11
GIP24,695.51
|
$27,023.07
₩39,440,435
|
|
| Taxi trip in downtown area (5 miles) |
$25.57
GIP19.86
|
$8.17
₩11,927
|
|
pay 48.5% less for housing
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$54.78
GIP42.54
|
$17.65
₩25,766
|
|
| 1-Bedroom apartment in downtown area |
$1,685.73
GIP1,308.95
|
$426.93
₩623,111
|
|
| 1-Bedroom apartment outside city center |
$1,569.58
GIP1,218.76
|
$328.41
₩479,322
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$87.28
GIP67.78
|
$111.42
₩162,622
|
|
pay 3.5% less for childcare
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$825.15
GIP640.72
|
$373.40
₩544,982
|
|
| Middle school for 1 child, two semesters |
$15,498.45
GIP12,034.36
|
$22,907.58
₩33,433,835
|
|
pay 22.3% less for entertainment and sports
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.17
GIP4.01
|
$3.09
₩4,516
|
|
| Cappuccino in mid-range area |
$3.14
GIP2.44
|
$3.39
₩4,947
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.65
GIP3.61
|
$3.21
₩4,691
|
|
| Monthly membership at local gym |
$76.95
GIP59.75
|
$45.71
₩66,716
|
|
| Movie ticket to theater/cinema |
$10.98
GIP8.52
|
$10.10
₩14,739
|
|
pay 21.0% less for clothing
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$128.35
GIP99.66
|
$60.70
₩88,599
|
|
|
Regular dress
from H&M or similar store
|
$42.78
GIP33.22
|
$44.52
₩64,981
|
|
|
Running shoes
Nike or Adidas
|
$130.95
GIP101.68
|
$72.99
₩106,533
|
|
| Men's business shoes (leather) |
$86.10
GIP66.86
|
$93.73
₩136,800
|
|
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