Cost of living comparison
South Korea is 15.6% more expensive than Latvia.
If you lived in South Korea instead of Latvia, you would:
pay 22.6% less for restaurants
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.23
€9.70
|
$6.16
₩8,598
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.08
€6.71
|
$5.24
₩7,313
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
€1.30
|
$1.47
₩2,055
|
|
| Bottle of water (11 fl. oz) |
$1.17
€1.11
|
$0.79
₩1,105
|
|
pay 2.4 times more for groceries
|
Latvia
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
€1.29
|
$3.08
₩4,295
|
|
| Local cheese (8 oz) |
$5.17
€4.91
|
$5.40
₩7,544
|
|
| Milk (1 gallon) |
$4.66
€4.42
|
$7.46
₩10,411
|
|
|
Eggs
1 dozen
|
$2.72
€2.58
|
$2.76
₩3,849
|
|
| Boneless chicken breast (1 lb) |
$3.05
€2.90
|
$3.32
₩4,635
|
|
| Apples (1 lb) |
$0.58
€0.55
|
$3.17
₩4,422
|
|
| Bananas (1 lb) |
$0.77
€0.73
|
$1.49
₩2,078
|
|
| Oranges (1 lb) |
$1.04
€0.99
|
$2.53
₩3,534
|
|
| Tomatoes (1 lb) |
$1.39
€1.32
|
$2.41
₩3,370
|
|
| Potatoes (1 lb) |
$0.38
€0.36
|
$1.82
₩2,547
|
|
| Onions (1 lb) |
$0.37
€0.35
|
$1.21
₩1,689
|
|
pay 6.1% less for transportation
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.76
€6.41
|
$4.39
₩6,132
|
|
| Monthly public transit pass |
$39.41
€37.37
|
$45.32
₩63,258
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,606.21
€24,283.95
|
$27,023.07
₩37,722,173
|
|
| Taxi trip in downtown area (5 miles) |
$9.07
€8.60
|
$8.17
₩11,407
|
|
pay 11.9% less for housing
|
Latvia
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.22
€16.33
|
$17.65
₩24,644
|
|
| 1-Bedroom apartment in downtown area |
$467.65
€443.50
|
$426.93
₩595,965
|
|
| 1-Bedroom apartment outside city center |
$322.68
€306.02
|
$328.41
₩458,440
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.83
€186.67
|
$111.42
₩155,538
|
|
pay 29.2% more for childcare
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$427.69
€405.61
|
$373.40
₩521,239
|
|
| Middle school for 1 child, two semesters |
$13,383.30
€12,692.21
|
$22,907.58
₩31,977,257
|
|
pay 7.3% less for entertainment and sports
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.87
€3.67
|
$3.09
₩4,319
|
|
| Cappuccino in mid-range area |
$3.06
€2.90
|
$3.39
₩4,731
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.95
€4.69
|
$3.21
₩4,486
|
|
| Monthly membership at local gym |
$42.71
€40.50
|
$45.71
₩63,810
|
|
| Movie ticket to theater/cinema |
$10.00
€9.49
|
$10.10
₩14,097
|
|
pay 13.3% less for clothing
|
Latvia
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.51
€72.55
|
$60.70
₩84,739
|
|
|
Regular dress
from H&M or similar store
|
$43.17
€40.94
|
$44.52
₩62,150
|
|
|
Running shoes
Nike or Adidas
|
$84.42
€80.06
|
$72.99
₩101,892
|
|
| Men's business shoes (leather) |
$120.68
€114.45
|
$93.73
₩130,840
|
|
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