Cost of living comparison

compared to

South Korea is 33.4% cheaper than New Jersey.

If you lived in South Korea instead of New Jersey, you would:

Display currency: USD

pay 55.6% less for restaurants

 
New Jersey
South Korea
Basic meal with drink at inexpensive restaurant $19.00
 
$6.16
₩8,909
Fast food combo meal
McDonalds, or similar
$11.19
 
$5.24
₩7,578
Bottle of Coca-Cola (11 fl. oz) $2.49
 
$1.47
₩2,129

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pay 6.9% more for groceries

 
New Jersey
South Korea
Bread
1 loaf
$3.89
 
$3.08
₩4,450
Local cheese (8 oz) $7.30
 
$5.40
₩7,817
Milk (1 gallon) $4.36
 
$7.46
₩10,788

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pay 28.9% less for transportation

 
New Jersey
South Korea
Gasoline (1 gallon) $3.49
 
$4.39
₩6,353
Monthly public transit pass $133.88
 
$45.32
₩65,546
New Volkswagen Golf 1.4 (standard edition) $31,750.31
 
$27,023.07
₩39,086,703

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pay 58.3% less for housing

 
New Jersey
South Korea
Internet connection
50 mbps or faster, cable/dsl
$58.37
 
$17.65
₩25,535
1-Bedroom apartment in downtown area $2,167.23
 
$426.93
₩617,523
1-Bedroom apartment outside city center $1,865.29
 
$328.41
₩475,023

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pay 47.8% less for childcare

 
New Jersey
South Korea
Private preschool for 1 child, monthly $1,618.98
 
$373.40
₩540,094
Middle school for 1 child, two semesters $28,166.67
 
$22,907.58
₩33,133,975

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pay 42.1% less for entertainment and sports

 
New Jersey
South Korea
Domestic/local beer (1 pint) $6.72
 
$3.09
₩4,475
Cappuccino in mid-range area $4.97
 
$3.39
₩4,902
Pack of cigarettes
Marlboro or similar
$11.57
 
$3.21
₩4,649

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pay 8.0% less for clothing

 
New Jersey
South Korea
Regular jeans
Levi's brand
$53.04
 
$60.70
₩87,804
Regular dress
from H&M or similar store
$45.58
 
$44.52
₩64,398
Running shoes
Nike or Adidas
$91.11
 
$72.99
₩105,578

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2024
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See the cost of living in United States vs. South Korea. This provides a comparison of the average cost of living from cities within United States and South Korea.

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