Published: Monday, 21th October 2024
The cost of living in North Macedonia is 2.12 times less expensive as compared to South Korea.
On this page, you will find side-by-side cost comparison between North Macedonia 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 North Macedonia and South Korea.
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Indicators | North Macedonia | South Korea |
---|---|---|
1 BHK Apartment in City Center | 25,000 MKD (425 USD) | 800,000 KRW (600 USD) |
2 BHK Apartment in City Center | 35,000 MKD (595 USD) | 1,500,000 KRW (1,125 USD) |
3 BHK Apartment in City Center | 50,000 MKD (850 USD) | 2,500,000 KRW (1,875 USD) |
1 BHK Apartment outside City Center | 15,000 MKD (255 USD) | 500,000 KRW (375 USD) |
2 BHK Apartment outside City Center | 25,000 MKD (425 USD) | 1,000,000 KRW (750 USD) |
3 BHK Apartment outside City Center | 35,000 MKD (595 USD) | 1,500,000 KRW (1,125 USD) |
Mortgage Rates Per Month | 1.9 % | 3 % |
Realtor Commission | 3 % | 1 % |
Property Taxes | 0.1 to 0.3 % | 0.15 to 0.5 % |
The average housing cost in North Macedonia is 1.85 times less expensive than South Korea.
Indicators | North Macedonia | South Korea |
---|---|---|
Basic Home Furnishing | 100,000 MKD (1,700 USD) | 2,000,000 KRW (1,500 USD) |
Electricity Cost Per Month | 5,000 MKD (85 USD) | 50,000 KRW (37.50 USD) |
Heating Cost Per Month | 4,000 MKD (68 USD) | 70,000 KRW (52.50 USD) |
Cooling Cost Per Month | 3,000 MKD (51 USD) | 40,000 KRW (30 USD) |
Water Supply Cost Per Month | 1,500 MKD (25.50 USD) | 20,000 KRW (15 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 18.01% more for Utilities.
The basic home furnishing in North Macedonia costs 1.13 times more compared to South Korea.
Indicators | North Macedonia | South Korea |
---|---|---|
Standard Wifi Cost Per Month | 2,000 MKD (34 USD) | 30,000 KRW (22.50 USD) |
Mobile Phone Basic Plan Cost Per Month | 1,000 MKD (17 USD) | 30,000 KRW (22.50 USD) |
Landline Basic Plan Cost Per Month | 1,000 MKD (17 USD) | 10,000 KRW (7.50 USD) |
Cable TV Basic Plan Cost Per Month | 1,500 MKD (25.50 USD) | 20,000 KRW (15 USD) |
The internet and communication costs 38.52% more in North Macedonia compared to South Korea.
Indicators | North Macedonia | South Korea |
---|---|---|
Long Grain Rice (1 KG) | 80 MKD (1.36 USD) | 4,000 KRW (3 USD) |
Milk (1 Liter) | 80 MKD (1.36 USD) | 2,000 KRW (1.50 USD) |
Water (1 Liter) | 25 MKD (0.43 USD) | 1,000 KRW (0.75 USD) |
Bread (500 gm) | 40 MKD (0.68 USD) | 2,500 KRW (1.88 USD) |
Eggs (1 Dozen) | 120 MKD (2.04 USD) | 3,000 KRW (2.25 USD) |
Cheese (1 KG) | 250 MKD (4.25 USD) | 8,000 KRW (6 USD) |
Chicken Breast (1 KG) | 300 MKD (5.10 USD) | 10,000 KRW (7.50 USD) |
In North Macedonia, the cost of 1 Liter Water and 1 Liter Milk is 1.26 times less expensive than the cost in South Korea.
If you lived in North Macedonia, instead of South Korea, you would have to pay 33.49% less for Groceries.
Indicators | North Macedonia | South Korea |
---|---|---|
Apples (1 KG) | 100 MKD (1.70 USD) | 5,000 KRW (3.75 USD) |
Bananas (1 KG) | 80 MKD (1.36 USD) | 3,000 KRW (2.25 USD) |
Oranges (1 KG) | 90 MKD (1.53 USD) | 4,000 KRW (3 USD) |
Tomatoes (1 KG) | 80 MKD (1.36 USD) | 3,500 KRW (2.63 USD) |
Potatoes (1 KG) | 50 MKD (0.85 USD) | 2,500 KRW (1.88 USD) |
Lemons (1 KG) | 100 MKD (1.70 USD) | 5,000 KRW (3.75 USD) |
Onions (1 KG) | 80 MKD (1.36 USD) | 3,000 KRW (2.25 USD) |
Lentils (1 KG) | 120 MKD (2.04 USD) | 6,000 KRW (4.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 2.02 times less for Fruits and Vegetables.
Indicators | North Macedonia | South Korea |
---|---|---|
Meal at a Resonable Restaurant | 700 MKD (11.90 USD) | 12,000 KRW (9 USD) |
Three-Course Meal for Two | 2,000 MKD (34 USD) | 50,000 KRW (37.50 USD) |
Fast Food Combo Meal | 500 MKD (8.50 USD) | 8,000 KRW (6 USD) |
Normal Coffee | 50 MKD (0.85 USD) | 4,000 KRW (3 USD) |
Soft Drink | 40 MKD (0.68 USD) | 2,500 KRW (1.88 USD) |
Pizza for One | 300 MKD (5.10 USD) | 20,000 KRW (15 USD) |
Take-Out Delivery Meal | 600 MKD (10.20 USD) | 12,000 KRW (9 USD) |
Cigarette Pack of 20 | 250 MKD (4.25 USD) | 5,000 KRW (3.75 USD) |
Dining-Out costs 11.33% less in North Macedonia compared to South Korea.
Indicators | North Macedonia | South Korea |
---|---|---|
Wine Mid-Range Bottle | 300 MKD (5.10 USD) | 30,000 KRW (22.50 USD) |
Glass of Wine | 150 MKD (2.55 USD) | 10,000 KRW (7.50 USD) |
Domestic Beer Half Liter | 60 MKD (1.02 USD) | 3,000 KRW (2.25 USD) |
Imported Beer Half Liter | 100 MKD (1.70 USD) | 4,000 KRW (3 USD) |
Domestic Alcohol 1 Liter | 300 MKD (5.10 USD) | 15,000 KRW (11.25 USD) |
Branded Alcohol 1 Liter | 500 MKD (8.50 USD) | 30,000 KRW (22.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 2.88 times less for usual hard drinks.
Indicators | North Macedonia | South Korea |
---|---|---|
Monthly Public Transportation Pass | 1,500 MKD (25.50 USD) | 60,000 KRW (45 USD) |
Single Public Transportation Ticket | 30 MKD (0.51 USD) | 1,200 KRW (0.90 USD) |
Single Train Ticket | Yet to Update () | 70,000 KRW (52.50 USD) |
Domestic Airplane Ticket | 20,000 MKD (340 USD) | 200,000 KRW (150 USD) |
Taxi Start Fare | 50 MKD (0.85 USD) | 3,000 KRW (2.25 USD) |
Taxi Rate Per Kilometer | 30 MKD (0.51 USD) | 1,000 KRW (0.75 USD) |
Car Rental Per Day | 2,000 MKD (34 USD) | 70,000 KRW (52.50 USD) |
Parking Fees in City Center Per Hour | 20 MKD (0.34 USD) | 3,000 KRW (2.25 USD) |
Parking Fees outside City Center Per Hour | 10 MKD (0.17 USD) | 1,500 KRW (1.13 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 1.31 times more for transportation.
Indicators | North Macedonia | South Korea |
---|---|---|
Reasonable Vehicle Purchase Cost | 500,000 MKD (8,500 USD) | 30,000,000 KRW (22,500 USD) |
Vehicle Registration Cost | 5,000 MKD (85 USD) | 200,000 KRW (150 USD) |
Driving License Fees | 1,000 MKD (17 USD) | 50,000 KRW (37.50 USD) |
Car Insurance Cost | 15,000 MKD (255 USD) | 500,000 KRW (375 USD) |
Car Maintenance Cost | 5,000 MKD (85 USD) | 150,000 KRW (112.50 USD) |
Car Loan Interest Rates | 7 % | 4 % |
Fuel Per Liter | 75 MKD (1.28 USD) | 1,500 KRW (1.13 USD) |
Fuel Per Gallon | 300 MKD (5.10 USD) | 6,000 KRW (4.50 USD) |
Average Toll Fees | Yet to Update | 5,000 KRW 3.75 USD |
You would have to pay 2.59 times less for Vehicle purchase, daily operation and maintenance in North Macedonia compared to that of South Korea.
Indicators | North Macedonia | South Korea |
---|---|---|
Doctor Visit | 1,000 MKD (17 USD) | 70,000 KRW (52.50 USD) |
Specialist Visit | 2,000 MKD (34 USD) | 150,000 KRW (112.50 USD) |
Dentist Visit | 1,500 MKD (25.50 USD) | 80,000 KRW (60 USD) |
Eye Exam | 500 MKD (8.50 USD) | 60,000 KRW (45 USD) |
Mental Health Counseling | 1,500 MKD (25.50 USD) | 100,000 KRW (75 USD) |
Preventive Health Screening | 1,000 MKD (17 USD) | 80,000 KRW (60 USD) |
Physical Therapy | 1,000 MKD (17 USD) | 70,000 KRW (52.50 USD) |
Emergency Room Visit | 5,000 MKD (85 USD) | 150,000 KRW (112.50 USD) |
Hospital Stay Per Night | 3,000 MKD (51 USD) | 200,000 KRW (150 USD) |
Vaccinations | 500 MKD (8.50 USD) | 30,000 KRW (22.50 USD) |
Prescription Medication | 300 MKD (5.10 USD) | 20,000 KRW (15 USD) |
Over the Counter Medication | 150 MKD (2.55 USD) | 10,000 KRW (7.50 USD) |
Health Insurance Premiums | 15,000 MKD (255 USD) | 150,000 KRW (112.50 USD) |
Health Insurance Deductibles | 5,000 MKD (85 USD) | 30,000 KRW (22.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 1.41 times less for Health and Medical Treatment.
Indicators | North Macedonia | South Korea |
---|---|---|
Cosmetic Procedures | 5,000 MKD (85 USD) | 500,000 KRW (375 USD) |
Spa Treatment | 1,500 MKD (25.50 USD) | 150,000 KRW (112.50 USD) |
Manicure Pedicure Cost | 500 MKD (8.50 USD) | 50,000 KRW (37.50 USD) |
Optical Glasses Cost | 1,500 MKD (25.50 USD) | 150,000 KRW (112.50 USD) |
Contact Lenses Cost | 1,000 MKD (17 USD) | 100,000 KRW (75 USD) |
Haircuts | 500 MKD (8.50 USD) | 20,000 KRW (15 USD) |
Hair Coloring | 1,000 MKD (17 USD) | 80,000 KRW (60 USD) |
Shampoo Price | 50 MKD (0.85 USD) | 4,000 KRW (3 USD) |
Toothpaste Price | 30 MKD (0.51 USD) | 2,000 KRW (1.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 4.20 times less for Personal Care Items and Treatment.
Indicators | North Macedonia | South Korea |
---|---|---|
Pair of Nike Running Shoes | 5,000 MKD (85 USD) | 100,000 KRW (75 USD) |
Men's Shirt | 1,000 MKD (17 USD) | 40,000 KRW (30 USD) |
Women's Dress | 4,000 MKD (68 USD) | 80,000 KRW (60 USD) |
Summer Dress | 3,000 MKD (51 USD) | 40,000 KRW (30 USD) |
Men's Suit | 15,000 MKD (255 USD) | 500,000 KRW (375 USD) |
Men's Jeans | 3,000 MKD (51 USD) | 60,000 KRW (45 USD) |
Women's Jeans | 3,000 MKD (51 USD) | 50,000 KRW (37.50 USD) |
Men's Formal Shoes | 5,000 MKD (85 USD) | 120,000 KRW (90 USD) |
Women's Formal Shoes | 5,000 MKD (85 USD) | 100,000 KRW (75 USD) |
Men's Casual Shoes | 4,000 MKD (68 USD) | 80,000 KRW (60 USD) |
Women's Casual Shoes | 4,000 MKD (68 USD) | 60,000 KRW (45 USD) |
Underwear For Men | 300 MKD (5.10 USD) | 10,000 KRW (7.50 USD) |
Underwear For Women | 400 MKD (6.80 USD) | 10,000 KRW (7.50 USD) |
Socks For Men | 100 MKD (1.70 USD) | 5,000 KRW (3.75 USD) |
Socks For Women | 100 MKD (1.70 USD) | 5,000 KRW (3.75 USD) |
Wintercoat for Adults | 5,000 MKD (85 USD) | 100,000 KRW (75 USD) |
Sportswear | 3,000 MKD (51 USD) | 50,000 KRW (37.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 1.02 times less for Clothing and Footwear for Adults.
Indicators | North Macedonia | South Korea |
---|---|---|
Children's Jeans | 1,500 MKD (25.50 USD) | 30,000 KRW (22.50 USD) |
Children's Normal Sneakers | 2,000 MKD (34 USD) | 40,000 KRW (30 USD) |
Children's Winter Coat | 3,000 MKD (51 USD) | 60,000 KRW (45 USD) |
Daycare for Infant | 8,000 MKD (136 USD) | 300,000 KRW (225 USD) |
Daycare for Toddler | 6,000 MKD (102 USD) | 250,000 KRW (187.50 USD) |
Childcare for Sick Days | 1,000 MKD (17 USD) | 50,000 KRW (37.50 USD) |
Early Childhood Education Programs | 8,000 MKD (136 USD) | 500,000 KRW (375 USD) |
Extra Curricular Activities | 1,500 MKD (25.50 USD) | 100,000 KRW (75 USD) |
Summer Camp for Kids | 6,000 MKD (102 USD) | 200,000 KRW (150 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 1.82 times less for Childcare and kids clothing.
Indicators | North Macedonia | South Korea |
---|---|---|
PreSchool Fees | 10,000 MKD (170 USD) | 200,000 KRW (150 USD) |
Primary School Fees | 15,000 MKD (255 USD) | 500,000 KRW (375 USD) |
Secondary School Fees | 20,000 MKD (340 USD) | 700,000 KRW (525 USD) |
Private School Fees | 30,000 MKD (510 USD) | 1,000,000 KRW (750 USD) |
University Tuition Fees | 40,000 MKD (680 USD) | 2,000,000 KRW (1,500 USD) |
University Private Tuition Fees | 60,000 MKD (1,020 USD) | 4,000,000 KRW (3,000 USD) |
After School Activities | 2,000 MKD (34 USD) | 100,000 KRW (75 USD) |
Special Education Services | 12,000 MKD (204 USD) | 300,000 KRW (225 USD) |
Tutoring | 1,000 MKD (17 USD) | 50,000 KRW (37.50 USD) |
Textbooks Cost | 1,500 MKD (25.50 USD) | 100,000 KRW (75 USD) |
School Supplies | 500 MKD (8.50 USD) | 30,000 KRW (22.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 2.06 times less for school and education.
Indicators | North Macedonia | South Korea |
---|---|---|
Movie Ticket (Single) | 150 MKD (2.55 USD) | 12,000 KRW (9 USD) |
Theater Ticket (Single) | 200 MKD (3.40 USD) | 30,000 KRW (22.50 USD) |
Concert Ticket (Single) | 300 MKD (5.10 USD) | 70,000 KRW (52.50 USD) |
Sports Event Ticket (Single) | 250 MKD (4.25 USD) | 50,000 KRW (37.50 USD) |
Gym Membership | 1,000 MKD (17 USD) | 80,000 KRW (60 USD) |
Swimming Pool Access | 800 MKD (13.60 USD) | 30,000 KRW (22.50 USD) |
Museum Entry Ticket | 200 MKD (3.40 USD) | 5,000 KRW (3.75 USD) |
Zoo Entry Ticket | 300 MKD (5.10 USD) | 10,000 KRW (7.50 USD) |
Amusement Park Entry Ticket | 500 MKD (8.50 USD) | 20,000 KRW (15 USD) |
Bowling | 200 MKD (3.40 USD) | 10,000 KRW (7.50 USD) |
Mini Golf | 300 MKD (5.10 USD) | 15,000 KRW (11.25 USD) |
Video Games | 2,000 MKD (34 USD) | 30,000 KRW (22.50 USD) |
Streaming Services | 500 MKD (8.50 USD) | 20,000 KRW (15 USD) |
Outdoor Equipment Rental | 200 MKD (3.40 USD) | 10,000 KRW (7.50 USD) |
Theme Park Annual Pass | 15,000 MKD (255 USD) | 150,000 KRW (112.50 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 1.09 times less for entertainment, recreation and fun activities.
Indicators | North Macedonia | South Korea |
---|---|---|
Language Classes | 10,000 MKD (170 USD) | 200,000 KRW (150 USD) |
Parenting Classes | 8,000 MKD (136 USD) | 150,000 KRW (112.50 USD) |
Art Classes | 800 MKD (13.60 USD) | 25,000 KRW (18.75 USD) |
Fitness Classes | 500 MKD (8.50 USD) | 20,000 KRW (15 USD) |
Music Lessons | 1,000 MKD (17 USD) | 40,000 KRW (30 USD) |
Dance Lessons | 1,000 MKD (17 USD) | 30,000 KRW (22.50 USD) |
Reading Materials for Classes | 300 MKD (5.10 USD) | 10,000 KRW (7.50 USD) |
Educational Software | 6,000 MKD (102 USD) | 100,000 KRW (75 USD) |
If you lived in North Macedonia, instead of South Korea, you would have to pay 1.09 times more for Private Classes.
Indicators | North Macedonia | South Korea |
---|---|---|
Average Gross Monthly Salary | 40,000 MKD (680 USD) | 3,000,000 KRW (2,250 USD) |
Average Net Monthly Salary | 25,000 MKD (425 USD) | 2,400,000 KRW (1,800 USD) |
Minimum Wages | 666.67 MKD per hour (11.33 USD) | 83,333.33 KRW per hour (62.50 USD) |
Average Bonus | 5,000 MKD (85 USD) | 500,000 KRW (375 USD) |
Income Tax Rate | 0 to 18 % | 0 to 10 % |
Social Security Contributions | 10 % | 5 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 50 | 60 |
Median Household Income | 70,000 MKD (1,190 USD) | 2,500,000 KRW (1,875 USD) |
If you lived in North Macedonia, you would earn 2.66 times less salary as compared to South Korea.
Indicators | North Macedonia | South Korea |
---|---|---|
Legal Consultation Per Hour Rate | 1,500 MKD (25.50 USD) | 100,000 KRW (75 USD) |
Accounting Services Per Hour Rate | 2,000 MKD (34 USD) | 80,000 KRW (60 USD) |
IT Support Services Per Hour Rate | 2,000 MKD (34 USD) | 70,000 KRW (52.50 USD) |
Technician Services Per Hour Rate | 1,500 MKD (25.50 USD) | 60,000 KRW (45 USD) |
Professional Services cost 1.95 times less in North Macedonia, as compared to South Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between North Macedonia and South Korea.
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