South Korea
South Korea, located in East Asia on the southern half of the Korean Peninsula, is a dynamic and technologically advanced nation with a rich cultural heritage. Bordered by North Korea to the north and surrounded by the Yellow Sea and the Sea of Japan...
Research in Progress
We're currently analyzing expat perspectives for South Korea. Check back soon for insights from real experiences!
We're gradually rolling out this feature and continuously improving the insights. The data is based on real expat discussions and will become more comprehensive over time.
Life Expectancy
82.0
Population
51,780,579
Religions
Currently under research
Ethnic Composition
GDP
$1.81T
HDI
0.9
Quality of Life
63/100
+20 vs NYC
Purchasing Power
46/100
+4 vs NYC
Understanding the economic landscape is essential for evaluating living costs and opportunities in South Korea. This comprehensive overview covers key financial indicators including cost of living, housing markets, income levels, and fiscal policies that shape daily life and long-term financial planning.
Meal, Inexpensive Restaurant
Meal for 2 People, Mid-range Restaurant, Three-course
McMeal at McDonalds (or Equivalent Combo Meal)
Domestic Beer (0.5 liter draught)
Apartment (1 bedroom) in City Centre
Apartment (1 bedroom) Outside of Centre
Apartment (3 bedrooms) in City Centre
Apartment (3 bedrooms) Outside of Centre
One-way Ticket (Local Transport)
Chicken Fillets (1kg)
Monthly Pass (Regular Price)
Gasoline (1 liter)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
Mobile Phone Monthly Plan with Calls and 10GB+ Data
Milk (regular), (1 liter)
Loaf of Fresh White Bread (500g)
Eggs (regular) (12)
Local Cheese (1kg)
Fitness Club, Monthly Fee for 1 Adult
Tennis Court Rent (1 Hour on Weekend)
Cinema, International Release, 1 Seat
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
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Coastline
N/A
Highest Point
Hallasan
Lowest Point
Sea of Japan
Population
51,780,579
Currency
KRW
Timezone
UTC+09:00
Calling Code
+82
Week starts on
monday
Gini Coefficient
31.4 (2016)
Drives on the
right side
Data Source: Safety, crime, and quality metrics are sourced from Numbeo, a crowd-sourced global database of reported data.
All scores are relative comparisons on a 0-100 scale, where 50 = global average. Higher scores mean better than average, lower scores mean worse than average.