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
MWK7,517.07
|
$6.16
₩8,598
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
MWK15,730.71
|
$5.24
₩7,313
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.87
MWK1,516.56
|
$1.47
₩2,055
|
|
| Bottle of water (11 fl. oz) |
$0.43
MWK752.93
|
$0.79
₩1,105
|
|
pay 2.2 times more for groceries
|
Malawi
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
MWK2,373.87
|
$3.08
₩4,295
|
|
| Local cheese (8 oz) |
$4.82
MWK8,381.11
|
$5.40
₩7,544
|
|
| Milk (1 gallon) |
$4.51
MWK7,850.76
|
$7.46
₩10,411
|
|
|
Eggs
1 dozen
|
$2.31
MWK4,011.81
|
$2.76
₩3,849
|
|
| Boneless chicken breast (1 lb) |
$1.93
MWK3,349.47
|
$3.32
₩4,635
|
|
| Apples (1 lb) |
$1.03
MWK1,799.85
|
$3.17
₩4,422
|
|
| Bananas (1 lb) |
$0.81
MWK1,408.31
|
$1.49
₩2,078
|
|
| Oranges (1 lb) |
$1.12
MWK1,945.88
|
$2.53
₩3,534
|
|
| Tomatoes (1 lb) |
$0.53
MWK916.86
|
$2.41
₩3,370
|
|
| Potatoes (1 lb) |
$0.72
MWK1,251.80
|
$1.82
₩2,547
|
|
| Onions (1 lb) |
$0.59
MWK1,019.77
|
$1.21
₩1,689
|
|
pay 3.1 times more for transportation
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.19
MWK10,763.22
|
$4.39
₩6,132
|
|
| Monthly public transit pass |
$4.32
MWK7,516.81
|
$45.32
₩63,258
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,669.17
MWK62,036,520.02
|
$27,023.07
₩37,722,173
|
|
| Taxi trip in downtown area (5 miles) |
$20.40
MWK35,484.15
|
$8.17
₩11,407
|
|
pay 2.1 times more for housing
|
Malawi
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$186.12
MWK323,711.96
|
$17.65
₩24,644
|
|
| 1-Bedroom apartment in downtown area |
$202.19
MWK351,645.78
|
$426.93
₩595,965
|
|
| 1-Bedroom apartment outside city center |
$98.76
MWK171,770.38
|
$328.41
₩458,440
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.29
MWK71,805.30
|
$111.42
₩155,538
|
|
pay 8.3 times more for childcare
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$354.75
MWK616,994.98
|
$373.40
₩521,239
|
|
| Middle school for 1 child, two semesters |
$1,467.81
MWK2,552,844.18
|
$22,907.58
₩31,977,257
|
|
pay 88.0% more for entertainment and sports
|
Malawi
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.12
MWK1,946.93
|
$3.09
₩4,319
|
|
| Cappuccino in mid-range area |
$2.91
MWK5,066.22
|
$3.39
₩4,731
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.59
MWK2,759.34
|
$3.21
₩4,486
|
|
| Monthly membership at local gym |
$51.33
MWK89,279.59
|
$45.71
₩63,810
|
|
| Movie ticket to theater/cinema |
$3.95
MWK6,870.89
|
$10.10
₩14,097
|
|
pay 29.4% more for clothing
|
Malawi
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.22
MWK78,654.49
|
$60.70
₩84,739
|
|
|
Regular dress
from H&M or similar store
|
$34.94
MWK60,773.55
|
$44.52
₩62,150
|
|
|
Running shoes
Nike or Adidas
|
$59.17
MWK102,912.24
|
$72.99
₩101,892
|
|
| Men's business shoes (leather) |
$70.71
MWK122,971.76
|
$93.73
₩130,840
|
|
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