Cost of living comparison
South Korea is 15.6% more expensive than Latvia overall.
- Restaurants
-
pay 22.6% less in South Korea
- Groceries
-
pay 2.4 times more in South Korea
- Transportation
-
pay 6.1% less in South Korea
- Housing
-
pay 11.9% less in South Korea
- Childcare
-
pay 29.2% more in South Korea
- Entertainment and Sports
-
pay 7.3% less in South Korea
- Clothing
-
pay 13.3% less in South Korea
The cost of groceries and childcare in South Korea are more expensive than in Latvia. Expenses including restaurants, clothing, housing, entertainment and sports, and transportation are lower in South Korea. Notably, groceries is significantly more expensive in South Korea.
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
€9.40
|
$6.16
₩9,057
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.08
€6.51
|
$5.24
₩7,703
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
€1.26
|
$1.47
₩2,164
|
|
| Bottle of water (11 fl. oz) |
$1.17
€1.07
|
$0.79
₩1,164
|
|
pay 2.4 times more for groceries
|
Latvia
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
€1.25
|
$3.08
₩4,524
|
|
| Local cheese (8 oz) |
$5.17
€4.76
|
$5.40
₩7,947
|
|
| Milk (1 gallon) |
$4.66
€4.28
|
$7.46
₩10,967
|
|
|
Eggs
1 dozen
|
$2.72
€2.50
|
$2.76
₩4,055
|
|
| Boneless chicken breast (1 lb) |
$3.05
€2.81
|
$3.32
₩4,883
|
|
| Apples (1 lb) |
$0.58
€0.54
|
$3.17
₩4,658
|
|
| Bananas (1 lb) |
$0.77
€0.71
|
$1.49
₩2,189
|
|
| Oranges (1 lb) |
$1.04
€0.96
|
$2.53
₩3,722
|
|
| Tomatoes (1 lb) |
$1.39
€1.28
|
$2.41
₩3,550
|
|
| Potatoes (1 lb) |
$0.38
€0.35
|
$1.82
₩2,683
|
|
| Onions (1 lb) |
$0.37
€0.34
|
$1.21
₩1,779
|
|
pay 6.1% less for transportation
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.76
€6.21
|
$4.39
₩6,459
|
|
| Monthly public transit pass |
$39.41
€36.23
|
$45.32
₩66,633
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,606.21
€23,544.86
|
$27,023.07
₩39,734,716
|
|
| Taxi trip in downtown area (5 miles) |
$9.07
€8.34
|
$8.17
₩12,016
|
|
pay 11.9% less for housing
|
Latvia
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.22
€15.84
|
$17.65
₩25,959
|
|
| 1-Bedroom apartment in downtown area |
$467.65
€430.00
|
$426.93
₩627,760
|
|
| 1-Bedroom apartment outside city center |
$322.68
€296.70
|
$328.41
₩482,899
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.83
€180.99
|
$111.42
₩163,836
|
|
pay 29.2% more for childcare
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$427.69
€393.26
|
$373.40
₩549,048
|
|
| Middle school for 1 child, two semesters |
$13,383.30
€12,305.92
|
$22,907.58
₩33,683,299
|
|
pay 7.3% less for entertainment and sports
|
Latvia
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.87
€3.56
|
$3.09
₩4,549
|
|
| Cappuccino in mid-range area |
$3.06
€2.82
|
$3.39
₩4,984
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.95
€4.55
|
$3.21
₩4,726
|
|
| Monthly membership at local gym |
$42.71
€39.27
|
$45.71
₩67,214
|
|
| Movie ticket to theater/cinema |
$10.00
€9.20
|
$10.10
₩14,849
|
|
pay 13.3% less for clothing
|
Latvia
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.51
€70.35
|
$60.70
₩89,260
|
|
|
Regular dress
from H&M or similar store
|
$43.17
€39.70
|
$44.52
₩65,466
|
|
|
Running shoes
Nike or Adidas
|
$84.42
€77.62
|
$72.99
₩107,328
|
|
| Men's business shoes (leather) |
$120.68
€110.96
|
$93.73
₩137,821
|
|
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