Moderate — cheaper than 60.8% of cities worldwide
Ranked #211 of 538 cities · More expensive than 60.8% of cities worldwide
Lower index = more affordable
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | KRW 1,244,091/mo ≈ $818 | KRW 791,857/mo ≈ $520 | 36% |
| 3-Bedroom | KRW 2,973,524/mo ≈ $1,954 | KRW 1,583,500/mo ≈ $1,041 | 36% |
Seoul has a composite cost index of 42.5 from 4 independent data sources.
Based on 90 country PLI x 1.1 city factor
Seoul is moderate by global standards (ranked #211 of 538 cities), cheaper than 60.8% of cities worldwide.
Groceries are expensive, while dining out is affordable. Rent offers the best value, while Groceries is the priciest.
Local purchasing power is strong — residents can afford more goods and services than in most cities.
Workers in South Korea earning KRW 87,915,936 gross take home KRW 5,795,598/month after tax (20.9% effective rate). See full South Korea tax calculator →
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