Cost of living comparison
South Korea is 55.5% cheaper than Monaco overall.
- Restaurants
-
pay 75.3% less in South Korea
- Groceries
-
pay 23.8% less in South Korea
- Transportation
-
pay 26.0% less in South Korea
- Housing
-
pay 84.1% less in South Korea
- Childcare
-
pay 54.3% less in South Korea
- Entertainment and Sports
-
pay 61.8% less in South Korea
- Clothing
-
pay 63.2% less in South Korea
Expenses including housing, restaurants, clothing, entertainment and sports, childcare, and transportation are lower in South Korea.
If you lived in South Korea instead of Monaco, you would:
pay 75.3% less for restaurants
|
Monaco
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$36.21
€33.30
|
$6.16
₩9,057
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.40
|
$5.24
₩7,703
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€5.16
|
$1.47
₩2,164
|
|
| Bottle of water (11 fl. oz) |
$8.77
€8.06
|
$0.79
₩1,164
|
|
pay 23.8% less for groceries
|
Monaco
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.24
|
$3.08
₩4,524
|
|
| Local cheese (8 oz) |
$11.39
€10.47
|
$5.40
₩7,947
|
|
| Milk (1 gallon) |
$8.62
€7.93
|
$7.46
₩10,967
|
|
|
Eggs
1 dozen
|
$5.55
€5.10
|
$2.76
₩4,055
|
|
| Boneless chicken breast (1 lb) |
$8.45
€7.77
|
$3.32
₩4,883
|
|
| Apples (1 lb) |
$2.57
€2.37
|
$3.17
₩4,658
|
|
| Bananas (1 lb) |
$2.47
€2.27
|
$1.49
₩2,189
|
|
| Oranges (1 lb) |
$1.98
€1.82
|
$2.53
₩3,722
|
|
| Tomatoes (1 lb) |
$2.92
€2.69
|
$2.41
₩3,550
|
|
| Potatoes (1 lb) |
$1.69
€1.55
|
$1.82
₩2,683
|
|
| Onions (1 lb) |
$2.02
€1.86
|
$1.21
₩1,779
|
|
pay 26.0% less for transportation
|
Monaco
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€7.98
|
$4.39
₩6,459
|
|
| Monthly public transit pass |
$29.74
€27.35
|
$45.32
₩66,633
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€45,202.92
|
$27,023.07
₩39,734,716
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€19.71
|
$8.17
₩12,016
|
|
pay 84.1% less for housing
|
Monaco
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€102.00
|
$17.65
₩25,959
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€8,644.47
|
$426.93
₩627,760
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€6,060.73
|
$328.41
₩482,899
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€268.86
|
$111.42
₩163,836
|
|
pay 54.3% less for childcare
|
Monaco
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,537.62
|
$373.40
₩549,048
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€27,039.22
|
$22,907.58
₩33,683,299
|
|
pay 61.8% less for entertainment and sports
|
Monaco
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.38
|
$3.09
₩4,549
|
|
| Cappuccino in mid-range area |
$6.29
€5.78
|
$3.39
₩4,984
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€11.09
|
$3.21
₩4,726
|
|
| Monthly membership at local gym |
$512.44
€471.18
|
$45.71
₩67,214
|
|
| Movie ticket to theater/cinema |
$15.00
€13.80
|
$10.10
₩14,849
|
|
pay 63.2% less for clothing
|
Monaco
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€178.74
|
$60.70
₩89,260
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€69.11
|
$44.52
₩65,466
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€187.00
|
$72.99
₩107,328
|
|
| Men's business shoes (leather) |
$446.93
€410.95
|
$93.73
₩137,821
|
|
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