Average Vacation Expenses in South Korea

South-Korea
-3.55%

— value growth in dollar since 2017

Despite the dollar’s loss of 3.55 percent of its value against the South Korean Won, possibly in anticipation of a future including more protectionist trade policies on the part of the U.S., prices of key goods and services and estimated airfares remain low enough to keep South Korea on your list. That is, at least if a long flight and the chance of a more favorable exchange rate in the future aren’t enough to deter you, which should certainly be enough to make you think twice. Like other highly developed, affluent destinations, affordability declines sharply with increased discretionary spending, and even more so at this year’s exchange rate.

NYC — South Korea $3,287.69
Restaurants $61.40
Meal, Inexpensive Restaurant $6.33
Meal for 2 People, Mid-range Restaurant, Three-course $36.19
McMeal at McDonalds (or Equivalent Combo Meal) $5.43
Domestic Beer (1 pint draught) $2.71
Imported Beer (11.2 oz small bottle) $4.52
Cappuccino (regular) $4.05
Coke/Pepsi (11.2 oz small bottle) $1.46
Water (11.2 oz small bottle) $0.71
Markets $76.46
Milk (regular), (1 gallon) $8.33
Loaf of Fresh White Bread (1 lb) $2.35
Rice (white), (1 lb) $1.68
Eggs (regular), (12) $2.93
Local Cheese (1 lb) $6.78
Chicken Breasts (Boneless, Skinless), (1 lb) $3.99
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) $9.86
Apples (1 lb) $2.90
Banana (1 lb) $1.77
Oranges (1 lb) $2.51
Tomato (1 lb) $2.48
Potato (1 lb) $1.52
Onion (1 lb) $1.26
Lettuce (1 head) $2.18
Water (1.5 liter bottle) $1.14
Bottle of Wine (Mid-Range) $15.38
Domestic Beer (0.5 liter bottle) $2.02
Imported Beer (11.2 oz small bottle) $3.31
Cigarettes 20 Pack (Marlboro) $4.07
Transportation $69.81
One-way Ticket (Local Transport) $1.13
Monthly Pass (Regular Price) $49.76
Taxi Start (Normal Tariff) $2.71
Taxi 1 mile (Normal Tariff) $1.46
Taxi 1 hour Waiting (Normal Tariff) $9.44
Gasoline (1 gallon) $5.31
Sports & leisure $84.12
Fitness Club, Monthly Fee for 1 Adult $60.35
Tennis Court Rent (1 Hour on Weekend) $14.72
Cinema, International Release, 1 Seat $9.05
Clothing & Shoes $302.22
1 Pair of Jeans (Levis 501 Or Similar) $62.08
1 Summer Dress in a Chain Store (Zara, H&M, ...) $39.91
1 Pair of Nike running Shoes (Mid-Range) $87.13
1 Pair of Men Leather Business Shoes $113.10
Rent Per Month
Apartment (1 bedroom) in City Centre $595.01
Apartment (1 bedroom) Outside of Centre $380.70
Salaries And Financing
Average Monthly Net Salary (After Tax) $2,391.97
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate $3.55