Cost of living comparison
South Korea is 2.9 times more expensive than Malawi.
If you lived in South Korea instead of Malawi, you would:
pay 38.0% more for restaurants
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.32
MWK7,464.37
|
$6.16
₩8,909
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
MWK15,620.43
|
$5.24
₩7,578
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.87
MWK1,505.93
|
$1.47
₩2,129
|
|
| Bottle of water (11 fl. oz) |
$0.43
MWK747.65
|
$0.79
₩1,145
|
|
pay 2.2 times more for groceries
|
Malawi
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
MWK2,357.22
|
$3.08
₩4,450
|
|
| Local cheese (8 oz) |
$4.82
MWK8,322.35
|
$5.40
₩7,817
|
|
| Milk (1 gallon) |
$4.51
MWK7,795.72
|
$7.46
₩10,788
|
|
|
Eggs
1 dozen
|
$2.31
MWK3,983.69
|
$2.76
₩3,988
|
|
| Boneless chicken breast (1 lb) |
$1.93
MWK3,325.99
|
$3.32
₩4,803
|
|
| Apples (1 lb) |
$1.03
MWK1,787.23
|
$3.17
₩4,582
|
|
| Bananas (1 lb) |
$0.81
MWK1,398.44
|
$1.49
₩2,153
|
|
| Oranges (1 lb) |
$1.12
MWK1,932.24
|
$2.53
₩3,662
|
|
| Tomatoes (1 lb) |
$0.53
MWK910.43
|
$2.41
₩3,492
|
|
| Potatoes (1 lb) |
$0.72
MWK1,243.02
|
$1.82
₩2,640
|
|
| Onions (1 lb) |
$0.59
MWK1,012.62
|
$1.21
₩1,750
|
|
pay 3.1 times more for transportation
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.19
MWK10,687.76
|
$4.39
₩6,353
|
|
| Monthly public transit pass |
$4.32
MWK7,464.11
|
$45.32
₩65,546
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,669.17
MWK61,601,594.06
|
$27,023.07
₩39,086,703
|
|
| Taxi trip in downtown area (5 miles) |
$20.40
MWK35,235.38
|
$8.17
₩11,820
|
|
pay 2.1 times more for housing
|
Malawi
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$186.12
MWK321,442.48
|
$17.65
₩25,535
|
|
| 1-Bedroom apartment in downtown area |
$202.19
MWK349,180.46
|
$426.93
₩617,523
|
|
| 1-Bedroom apartment outside city center |
$98.76
MWK170,566.13
|
$328.41
₩475,023
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.29
MWK71,301.88
|
$111.42
₩161,164
|
|
pay 8.3 times more for childcare
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$354.75
MWK612,669.34
|
$373.40
₩540,094
|
|
| Middle school for 1 child, two semesters |
$1,467.81
MWK2,534,946.69
|
$22,907.58
₩33,133,975
|
|
pay 88.0% more for entertainment and sports
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.12
MWK1,933.29
|
$3.09
₩4,475
|
|
| Cappuccino in mid-range area |
$2.91
MWK5,030.70
|
$3.39
₩4,902
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.59
MWK2,739.99
|
$3.21
₩4,649
|
|
| Monthly membership at local gym |
$51.33
MWK88,653.67
|
$45.71
₩66,118
|
|
| Movie ticket to theater/cinema |
$3.95
MWK6,822.72
|
$10.10
₩14,607
|
|
pay 29.4% more for clothing
|
Malawi
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.22
MWK78,103.06
|
$60.70
₩87,804
|
|
|
Regular dress
from H&M or similar store
|
$34.94
MWK60,347.48
|
$44.52
₩64,398
|
|
|
Running shoes
Nike or Adidas
|
$59.17
MWK102,190.74
|
$72.99
₩105,578
|
|
| Men's business shoes (leather) |
$70.71
MWK122,109.63
|
$93.73
₩135,573
|
|
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