Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 1.12 times more expensive as compared to South Korea.
On this page, you will find side-by-side cost comparison between Cabo Verde and South Korea. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Cabo Verde and South Korea.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | Cabo Verde  | South Korea  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 800,000 KRW (600 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 1,500,000 KRW (1,125 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 2,500,000 KRW (1,875 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 500,000 KRW (375 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 1,000,000 KRW (750 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 1,500,000 KRW (1,125 USD) |
Mortgage Rates Per Month  | 5 % | 3 % |
Realtor Commission  | 3 % | 1 % |
Property Taxes  | 0.25 to 0.5 % | 0.15 to 0.5 % |
The average housing cost in Cabo Verde is 1.43 times less expensive than South Korea.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 2,000,000 KRW (1,500 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 50,000 KRW (37.50 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 70,000 KRW (52.50 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 40,000 KRW (30 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 20,000 KRW (15 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 67.58% less for Utilities.
The basic home furnishing in Cabo Verde costs 5.00 times less compared to South Korea.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 30,000 KRW (22.50 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 30,000 KRW (22.50 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 10,000 KRW (7.50 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 20,000 KRW (15 USD) |
The internet and communication costs 218.52% more in Cabo Verde compared to South Korea.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 4,000 KRW (3 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 2,000 KRW (1.50 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 1,000 KRW (0.75 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 2,500 KRW (1.88 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 3,000 KRW (2.25 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 8,000 KRW (6 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 10,000 KRW (7.50 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 5.78 times more expensive than the cost in South Korea.
If you lived in Cabo Verde, instead of South Korea, you would have to pay 302.19% more for Groceries.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 5,000 KRW (3.75 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 3,000 KRW (2.25 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 4,000 KRW (3 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 3,500 KRW (2.63 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 2,500 KRW (1.88 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 5,000 KRW (3.75 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 3,000 KRW (2.25 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 6,000 KRW (4.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 3.33 times more for Fruits and Vegetables.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 12,000 KRW (9 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 50,000 KRW (37.50 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 8,000 KRW (6 USD) |
Normal Coffee  | 300 CVE (3 USD) | 4,000 KRW (3 USD) |
Soft Drink  | 200 CVE (2 USD) | 2,500 KRW (1.88 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 20,000 KRW (15 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 12,000 KRW (9 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 5,000 KRW (3.75 USD) |
Dining-Out costs 97.36% more in Cabo Verde compared to South Korea.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 30,000 KRW (22.50 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 10,000 KRW (7.50 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 3,000 KRW (2.25 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 4,000 KRW (3 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 15,000 KRW (11.25 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 30,000 KRW (22.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.55 times more for usual hard drinks.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 60,000 KRW (45 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 1,200 KRW (0.90 USD) |
Single Train Ticket  | Yet to Update () | 70,000 KRW (52.50 USD) |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 200,000 KRW (150 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 3,000 KRW (2.25 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 1,000 KRW (0.75 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 70,000 KRW (52.50 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 3,000 KRW (2.25 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 1,500 KRW (1.13 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.01 times more for transportation.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 30,000,000 KRW (22,500 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 200,000 KRW (150 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 50,000 KRW (37.50 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 500,000 KRW (375 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 150,000 KRW (112.50 USD) |
Car Loan Interest Rates  | 6 % | 4 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 1,500 KRW (1.13 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 6,000 KRW (4.50 USD) |
Average Toll Fees  | Yet to Update | 5,000 KRW 3.75 USD |
You would have to pay 1.34 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of South Korea.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 70,000 KRW (52.50 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 150,000 KRW (112.50 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 80,000 KRW (60 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 60,000 KRW (45 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 100,000 KRW (75 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 80,000 KRW (60 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 70,000 KRW (52.50 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 150,000 KRW (112.50 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 200,000 KRW (150 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 30,000 KRW (22.50 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 20,000 KRW (15 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 10,000 KRW (7.50 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 150,000 KRW (112.50 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 30,000 KRW (22.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.23 times less for Health and Medical Treatment.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 500,000 KRW (375 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 150,000 KRW (112.50 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 50,000 KRW (37.50 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 150,000 KRW (112.50 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 100,000 KRW (75 USD) |
Haircuts  | 1,000 CVE (10 USD) | 20,000 KRW (15 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 80,000 KRW (60 USD) |
Shampoo Price  | 400 CVE (4 USD) | 4,000 KRW (3 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 2,000 KRW (1.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 2.11 times less for Personal Care Items and Treatment.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 100,000 KRW (75 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 40,000 KRW (30 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 80,000 KRW (60 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 40,000 KRW (30 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 500,000 KRW (375 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 60,000 KRW (45 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 50,000 KRW (37.50 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 120,000 KRW (90 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 100,000 KRW (75 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 80,000 KRW (60 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 60,000 KRW (45 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 10,000 KRW (7.50 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 10,000 KRW (7.50 USD) |
Socks For Men  | 400 CVE (4 USD) | 5,000 KRW (3.75 USD) |
Socks For Women  | 400 CVE (4 USD) | 5,000 KRW (3.75 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 100,000 KRW (75 USD) |
Sportswear  | 8,000 CVE (80 USD) | 50,000 KRW (37.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.41 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 30,000 KRW (22.50 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 40,000 KRW (30 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 60,000 KRW (45 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 300,000 KRW (225 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 250,000 KRW (187.50 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 50,000 KRW (37.50 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 500,000 KRW (375 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 100,000 KRW (75 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 200,000 KRW (150 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 2.00 times more for Childcare and kids clothing.
Indicators | Cabo Verde | South Korea |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 200,000 KRW (150 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 500,000 KRW (375 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 700,000 KRW (525 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 1,000,000 KRW (750 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 2,000,000 KRW (1,500 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 4,000,000 KRW (3,000 USD) |
After School Activities  | 20,000 CVE (200 USD) | 100,000 KRW (75 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 300,000 KRW (225 USD) |
Tutoring  | 25,000 CVE (250 USD) | 50,000 KRW (37.50 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 100,000 KRW (75 USD) |
School Supplies  | 8,000 CVE (80 USD) | 30,000 KRW (22.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.56 times more for school and education.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 12,000 KRW (9 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 30,000 KRW (22.50 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 70,000 KRW (52.50 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 50,000 KRW (37.50 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 80,000 KRW (60 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 30,000 KRW (22.50 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 5,000 KRW (3.75 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 10,000 KRW (7.50 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 20,000 KRW (15 USD) |
Bowling  | 1,500 CVE (15 USD) | 10,000 KRW (7.50 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 15,000 KRW (11.25 USD) |
Video Games  | 7,000 CVE (70 USD) | 30,000 KRW (22.50 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 20,000 KRW (15 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 10,000 KRW (7.50 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 150,000 KRW (112.50 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.45 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 200,000 KRW (150 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 150,000 KRW (112.50 USD) |
Art Classes  | 2,500 CVE (25 USD) | 25,000 KRW (18.75 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 20,000 KRW (15 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 40,000 KRW (30 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 30,000 KRW (22.50 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 10,000 KRW (7.50 USD) |
Educational Software  | 18,000 CVE (180 USD) | 100,000 KRW (75 USD) |
If you lived in Cabo Verde, instead of South Korea, you would have to pay 1.60 times more for Private Classes.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 3,000,000 KRW (2,250 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 2,400,000 KRW (1,800 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 83,333.33 KRW per hour (62.50 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 500,000 KRW (375 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 10 % |
Social Security Contributions  | 10 % | 5 % |
Pension Contributions  | 8 % | 5 % |
Cost of Living Index  | 60 | 60 |
Median Household Income  | 150,000 CVE (1,500 USD) | 2,500,000 KRW (1,875 USD) |
If you lived in Cabo Verde, you would earn 1.98 times less salary as compared to South Korea.
Indicators | Cabo Verde | South Korea |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 100,000 KRW (75 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 80,000 KRW (60 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 70,000 KRW (52.50 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 60,000 KRW (45 USD) |
Professional Services cost 1.05 times more in Cabo Verde, as compared to South Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and South Korea.
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