Cost of living comparison
South Korea is 30.6% cheaper than New York.
- Restaurants
-
pay 53.1% less in South Korea
- Groceries
-
pay 10.6% more in South Korea
- Transportation
-
pay 25.7% less in South Korea
- Housing
-
pay 62.4% less in South Korea
- Childcare
-
pay 40.0% less in South Korea
- Entertainment and Sports
-
pay 43.4% less in South Korea
- Clothing
-
pay 0.1% less in South Korea
Expenses including housing, restaurants, entertainment and sports, childcare, transportation, and clothing are lower in South Korea.
If you lived in South Korea instead of New York, you would:
pay 53.1% less for restaurants
|
New York
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.04
|
$6.16
₩8,412
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.50
|
$5.24
₩7,155
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.37
|
$1.47
₩2,010
|
|
| Bottle of water (11 fl. oz) |
$1.83
|
$0.79
₩1,081
|
|
pay 10.6% more for groceries
|
New York
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.74
|
$3.08
₩4,202
|
|
| Local cheese (8 oz) |
$7.35
|
$5.40
₩7,381
|
|
| Milk (1 gallon) |
$4.05
|
$7.46
₩10,186
|
|
|
Eggs
1 dozen
|
$3.87
|
$2.76
₩3,766
|
|
| Boneless chicken breast (1 lb) |
$5.18
|
$3.32
₩4,535
|
|
| Apples (1 lb) |
$2.36
|
$3.17
₩4,326
|
|
| Bananas (1 lb) |
$0.80
|
$1.49
₩2,033
|
|
| Oranges (1 lb) |
$2.10
|
$2.53
₩3,457
|
|
| Tomatoes (1 lb) |
$2.36
|
$2.41
₩3,297
|
|
| Potatoes (1 lb) |
$1.54
|
$1.82
₩2,492
|
|
| Onions (1 lb) |
$1.49
|
$1.21
₩1,652
|
|
pay 25.7% less for transportation
|
New York
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.60
|
$4.39
₩5,999
|
|
| Monthly public transit pass |
$97.65
|
$45.32
₩61,890
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,535.81
|
$27,023.07
₩36,906,200
|
|
| Taxi trip in downtown area (5 miles) |
$18.98
|
$8.17
₩11,160
|
|
pay 62.4% less for housing
|
New York
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.86
|
$17.65
₩24,111
|
|
| 1-Bedroom apartment in downtown area |
$1,925.71
|
$426.93
₩583,073
|
|
| 1-Bedroom apartment outside city center |
$1,646.33
|
$328.41
₩448,524
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$138.03
|
$111.42
₩152,173
|
|
pay 40.0% less for childcare
|
New York
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,553.18
|
$373.40
₩509,964
|
|
| Middle school for 1 child, two semesters |
$23,861.84
|
$22,907.58
₩31,285,553
|
|
pay 43.4% less for entertainment and sports
|
New York
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.09
|
$3.09
₩4,226
|
|
| Cappuccino in mid-range area |
$4.84
|
$3.39
₩4,629
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.68
|
$3.21
₩4,389
|
|
| Monthly membership at local gym |
$63.42
|
$45.71
₩62,429
|
|
| Movie ticket to theater/cinema |
$15.22
|
$10.10
₩13,792
|
|
pay 0.1% less for clothing
|
New York
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.08
|
$60.70
₩82,906
|
|
|
Regular dress
from H&M or similar store
|
$41.74
|
$44.52
₩60,806
|
|
|
Running shoes
Nike or Adidas
|
$82.58
|
$72.99
₩99,688
|
|
| Men's business shoes (leather) |
$112.43
|
$93.73
₩128,010
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about South Korea or New York. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.