Cost of living comparison
South Korea is 5.5 times more expensive than Libya.
If you lived in South Korea instead of Libya, you would:
pay 2.9 times more for restaurants
|
Libya
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.61
LYD22.520
|
$6.16
₩8,651
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.10
LYD20.010
|
$5.24
₩7,358
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.48
LYD2.320
|
$1.47
₩2,067
|
|
| Bottle of water (11 fl. oz) |
$0.13
LYD0.650
|
$0.79
₩1,112
|
|
pay 4.7 times more for groceries
|
Libya
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.29
LYD1.440
|
$3.08
₩4,321
|
|
| Local cheese (8 oz) |
$2.75
LYD13.460
|
$5.40
₩7,591
|
|
| Milk (1 gallon) |
$3.55
LYD17.340
|
$7.46
₩10,475
|
|
|
Eggs
1 dozen
|
$1.68
LYD8.230
|
$2.76
₩3,873
|
|
| Boneless chicken breast (1 lb) |
$1.56
LYD7.620
|
$3.32
₩4,664
|
|
| Apples (1 lb) |
$0.71
LYD3.460
|
$3.17
₩4,449
|
|
| Bananas (1 lb) |
$0.60
LYD2.930
|
$1.49
₩2,091
|
|
| Oranges (1 lb) |
$0.42
LYD2.060
|
$2.53
₩3,555
|
|
| Tomatoes (1 lb) |
$0.24
LYD1.190
|
$2.41
₩3,391
|
|
| Potatoes (1 lb) |
$0.28
LYD1.350
|
$1.82
₩2,563
|
|
| Onions (1 lb) |
$0.29
LYD1.400
|
$1.21
₩1,699
|
|
pay 10.5 times more for transportation
|
Libya
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$0.12
LYD0.570
|
$4.39
₩6,169
|
|
| Monthly public transit pass |
$23.74
LYD115.960
|
$45.32
₩63,647
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,046.81
LYD78,388.660
|
$27,023.07
₩37,954,166
|
|
| Taxi trip in downtown area (5 miles) |
$10.88
LYD53.160
|
$8.17
₩11,477
|
|
pay 3.1 times more for housing
|
Libya
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.85
LYD145.840
|
$17.65
₩24,795
|
|
| 1-Bedroom apartment in downtown area |
$191.92
LYD937.540
|
$426.93
₩599,630
|
|
| 1-Bedroom apartment outside city center |
$108.81
LYD531.530
|
$328.41
₩461,260
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$17.03
LYD83.200
|
$111.42
₩156,494
|
|
pay 12.6 times more for childcare
|
Libya
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$58.75
LYD287.010
|
$373.40
₩524,445
|
|
| Middle school for 1 child, two semesters |
$1,219.10
LYD5,955.310
|
$22,907.58
₩32,173,919
|
|
pay 3.1 times more for entertainment and sports
|
Libya
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.68
LYD3.340
|
$3.09
₩4,346
|
|
| Cappuccino in mid-range area |
$0.63
LYD3.060
|
$3.39
₩4,760
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.33
LYD11.380
|
$3.21
₩4,514
|
|
| Monthly membership at local gym |
$25.64
LYD125.260
|
$45.71
₩64,202
|
|
| Movie ticket to theater/cinema |
$4.44
LYD21.680
|
$10.10
₩14,183
|
|
pay 56.5% more for clothing
|
Libya
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$32.50
LYD158.740
|
$60.70
₩85,260
|
|
|
Regular dress
from H&M or similar store
|
$32.80
LYD160.220
|
$44.52
₩62,532
|
|
|
Running shoes
Nike or Adidas
|
$45.23
LYD220.960
|
$72.99
₩102,518
|
|
| Men's business shoes (leather) |
$65.98
LYD322.320
|
$93.73
₩131,645
|
|
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