Published: Monday, 21th October 2024
The cost of living in Papua New Guinea is 3.17 times less expensive as compared to South Korea.
On this page, you will find side-by-side cost comparison between Papua New Guinea 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 Papua New Guinea and South Korea.
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Indicators | Papua New Guinea | South Korea |
---|---|---|
1 BHK Apartment in City Center | 1,200 PGK (324 USD) | 800,000 KRW (600 USD) |
2 BHK Apartment in City Center | 2,000 PGK (540 USD) | 1,500,000 KRW (1,125 USD) |
3 BHK Apartment in City Center | 3,000 PGK (810 USD) | 2,500,000 KRW (1,875 USD) |
1 BHK Apartment outside City Center | 700 PGK (189 USD) | 500,000 KRW (375 USD) |
2 BHK Apartment outside City Center | 1,200 PGK (324 USD) | 1,000,000 KRW (750 USD) |
3 BHK Apartment outside City Center | 1,800 PGK (486 USD) | 1,500,000 KRW (1,125 USD) |
Mortgage Rates Per Month | 1.2 % | 3 % |
Realtor Commission | 5 % | 1 % |
Property Taxes | Yet to Update | 0.15 to 0.5 % |
The average housing cost in Papua New Guinea is 2.17 times less expensive than South Korea.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Basic Home Furnishing | 5,000 PGK (1,350 USD) | 2,000,000 KRW (1,500 USD) |
Electricity Cost Per Month | 200 PGK (54 USD) | 50,000 KRW (37.50 USD) |
Heating Cost Per Month | 150 PGK (40.50 USD) | 70,000 KRW (52.50 USD) |
Cooling Cost Per Month | 100 PGK (27 USD) | 40,000 KRW (30 USD) |
Water Supply Cost Per Month | 80 PGK (21.60 USD) | 20,000 KRW (15 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 8.68% less for Utilities.
The basic home furnishing in Papua New Guinea costs 1.11 times less compared to South Korea.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Standard Wifi Cost Per Month | 100 PGK (27 USD) | 30,000 KRW (22.50 USD) |
Mobile Phone Basic Plan Cost Per Month | 60 PGK (16.20 USD) | 30,000 KRW (22.50 USD) |
Landline Basic Plan Cost Per Month | 40 PGK (10.80 USD) | 10,000 KRW (7.50 USD) |
Cable TV Basic Plan Cost Per Month | 90 PGK (24.30 USD) | 20,000 KRW (15 USD) |
The internet and communication costs 16.00% more in Papua New Guinea compared to South Korea.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Long Grain Rice (1 KG) | 4 PGK (1.08 USD) | 4,000 KRW (3 USD) |
Milk (1 Liter) | 3 PGK (0.81 USD) | 2,000 KRW (1.50 USD) |
Water (1 Liter) | 1 PGK (0.27 USD) | 1,000 KRW (0.75 USD) |
Bread (500 gm) | 2.50 PGK (0.68 USD) | 2,500 KRW (1.88 USD) |
Eggs (1 Dozen) | 7 PGK (1.89 USD) | 3,000 KRW (2.25 USD) |
Cheese (1 KG) | 12 PGK (3.24 USD) | 8,000 KRW (6 USD) |
Chicken Breast (1 KG) | 14 PGK (3.78 USD) | 10,000 KRW (7.50 USD) |
In Papua New Guinea, the cost of 1 Liter Water and 1 Liter Milk is 2.08 times less expensive than the cost in South Korea.
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 48.66% less for Groceries.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Apples (1 KG) | 6 PGK (1.62 USD) | 5,000 KRW (3.75 USD) |
Bananas (1 KG) | 3 PGK (0.81 USD) | 3,000 KRW (2.25 USD) |
Oranges (1 KG) | 5 PGK (1.35 USD) | 4,000 KRW (3 USD) |
Tomatoes (1 KG) | 4 PGK (1.08 USD) | 3,500 KRW (2.63 USD) |
Potatoes (1 KG) | 2.50 PGK (0.68 USD) | 2,500 KRW (1.88 USD) |
Lemons (1 KG) | 5 PGK (1.35 USD) | 5,000 KRW (3.75 USD) |
Onions (1 KG) | 3.50 PGK (0.95 USD) | 3,000 KRW (2.25 USD) |
Lentils (1 KG) | 5 PGK (1.35 USD) | 6,000 KRW (4.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 2.61 times less for Fruits and Vegetables.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Meal at a Resonable Restaurant | 20 PGK (5.40 USD) | 12,000 KRW (9 USD) |
Three-Course Meal for Two | 50 PGK (13.50 USD) | 50,000 KRW (37.50 USD) |
Fast Food Combo Meal | 10 PGK (2.70 USD) | 8,000 KRW (6 USD) |
Normal Coffee | 3.50 PGK (0.95 USD) | 4,000 KRW (3 USD) |
Soft Drink | 2.50 PGK (0.68 USD) | 2,500 KRW (1.88 USD) |
Pizza for One | 20 PGK (5.40 USD) | 20,000 KRW (15 USD) |
Take-Out Delivery Meal | 15 PGK (4.05 USD) | 12,000 KRW (9 USD) |
Cigarette Pack of 20 | 10 PGK (2.70 USD) | 5,000 KRW (3.75 USD) |
Dining-Out costs 58.45% less in Papua New Guinea compared to South Korea.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Wine Mid-Range Bottle | 30 PGK (8.10 USD) | 30,000 KRW (22.50 USD) |
Glass of Wine | 8 PGK (2.16 USD) | 10,000 KRW (7.50 USD) |
Domestic Beer Half Liter | 4 PGK (1.08 USD) | 3,000 KRW (2.25 USD) |
Imported Beer Half Liter | 6 PGK (1.62 USD) | 4,000 KRW (3 USD) |
Domestic Alcohol 1 Liter | 30 PGK (8.10 USD) | 15,000 KRW (11.25 USD) |
Branded Alcohol 1 Liter | 50 PGK (13.50 USD) | 30,000 KRW (22.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 2.00 times less for usual hard drinks.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Monthly Public Transportation Pass | 70 PGK (18.90 USD) | 60,000 KRW (45 USD) |
Single Public Transportation Ticket | 2 PGK (0.54 USD) | 1,200 KRW (0.90 USD) |
Single Train Ticket | Yet to Update () | 70,000 KRW (52.50 USD) |
Domestic Airplane Ticket | 150 PGK (40.50 USD) | 200,000 KRW (150 USD) |
Taxi Start Fare | 5 PGK (1.35 USD) | 3,000 KRW (2.25 USD) |
Taxi Rate Per Kilometer | 2 PGK (0.54 USD) | 1,000 KRW (0.75 USD) |
Car Rental Per Day | 50 PGK (13.50 USD) | 70,000 KRW (52.50 USD) |
Parking Fees in City Center Per Hour | 3 PGK (0.81 USD) | 3,000 KRW (2.25 USD) |
Parking Fees outside City Center Per Hour | 1.50 PGK (0.41 USD) | 1,500 KRW (1.13 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 4.01 times less for transportation.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000 PGK (5,400 USD) | 30,000,000 KRW (22,500 USD) |
Vehicle Registration Cost | 100 PGK (27 USD) | 200,000 KRW (150 USD) |
Driving License Fees | 80 PGK (21.60 USD) | 50,000 KRW (37.50 USD) |
Car Insurance Cost | 600 PGK (162 USD) | 500,000 KRW (375 USD) |
Car Maintenance Cost | 200 PGK (54 USD) | 150,000 KRW (112.50 USD) |
Car Loan Interest Rates | 7 % | 4 % |
Fuel Per Liter | 4 PGK (1.08 USD) | 1,500 KRW (1.13 USD) |
Fuel Per Gallon | 15 PGK (4.05 USD) | 6,000 KRW (4.50 USD) |
Average Toll Fees | 10 PGK 2.70 USD | 5,000 KRW 3.75 USD |
You would have to pay 4.09 times less for Vehicle purchase, daily operation and maintenance in Papua New Guinea compared to that of South Korea.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Doctor Visit | 60 PGK (16.20 USD) | 70,000 KRW (52.50 USD) |
Specialist Visit | 120 PGK (32.40 USD) | 150,000 KRW (112.50 USD) |
Dentist Visit | 80 PGK (21.60 USD) | 80,000 KRW (60 USD) |
Eye Exam | 60 PGK (16.20 USD) | 60,000 KRW (45 USD) |
Mental Health Counseling | 120 PGK (32.40 USD) | 100,000 KRW (75 USD) |
Preventive Health Screening | 60 PGK (16.20 USD) | 80,000 KRW (60 USD) |
Physical Therapy | 100 PGK (27 USD) | 70,000 KRW (52.50 USD) |
Emergency Room Visit | 400 PGK (108 USD) | 150,000 KRW (112.50 USD) |
Hospital Stay Per Night | 200 PGK (54 USD) | 200,000 KRW (150 USD) |
Vaccinations | 40 PGK (10.80 USD) | 30,000 KRW (22.50 USD) |
Prescription Medication | 25 PGK (6.75 USD) | 20,000 KRW (15 USD) |
Over the Counter Medication | 15 PGK (4.05 USD) | 10,000 KRW (7.50 USD) |
Health Insurance Premiums | 200 PGK (54 USD) | 150,000 KRW (112.50 USD) |
Health Insurance Deductibles | 100 PGK (27 USD) | 30,000 KRW (22.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 2.11 times less for Health and Medical Treatment.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Cosmetic Procedures | 250 PGK (67.50 USD) | 500,000 KRW (375 USD) |
Spa Treatment | 100 PGK (27 USD) | 150,000 KRW (112.50 USD) |
Manicure Pedicure Cost | 40 PGK (10.80 USD) | 50,000 KRW (37.50 USD) |
Optical Glasses Cost | 100 PGK (27 USD) | 150,000 KRW (112.50 USD) |
Contact Lenses Cost | 50 PGK (13.50 USD) | 100,000 KRW (75 USD) |
Haircuts | 20 PGK (5.40 USD) | 20,000 KRW (15 USD) |
Hair Coloring | 50 PGK (13.50 USD) | 80,000 KRW (60 USD) |
Shampoo Price | 6 PGK (1.62 USD) | 4,000 KRW (3 USD) |
Toothpaste Price | 3 PGK (0.81 USD) | 2,000 KRW (1.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 4.74 times less for Personal Care Items and Treatment.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Pair of Nike Running Shoes | 120 PGK (32.40 USD) | 100,000 KRW (75 USD) |
Men's Shirt | 30 PGK (8.10 USD) | 40,000 KRW (30 USD) |
Women's Dress | 60 PGK (16.20 USD) | 80,000 KRW (60 USD) |
Summer Dress | 40 PGK (10.80 USD) | 40,000 KRW (30 USD) |
Men's Suit | 150 PGK (40.50 USD) | 500,000 KRW (375 USD) |
Men's Jeans | 60 PGK (16.20 USD) | 60,000 KRW (45 USD) |
Women's Jeans | 40 PGK (10.80 USD) | 50,000 KRW (37.50 USD) |
Men's Formal Shoes | 100 PGK (27 USD) | 120,000 KRW (90 USD) |
Women's Formal Shoes | 100 PGK (27 USD) | 100,000 KRW (75 USD) |
Men's Casual Shoes | 70 PGK (18.90 USD) | 80,000 KRW (60 USD) |
Women's Casual Shoes | 70 PGK (18.90 USD) | 60,000 KRW (45 USD) |
Underwear For Men | 10 PGK (2.70 USD) | 10,000 KRW (7.50 USD) |
Underwear For Women | 15 PGK (4.05 USD) | 10,000 KRW (7.50 USD) |
Socks For Men | 5 PGK (1.35 USD) | 5,000 KRW (3.75 USD) |
Socks For Women | 5 PGK (1.35 USD) | 5,000 KRW (3.75 USD) |
Wintercoat for Adults | 100 PGK (27 USD) | 100,000 KRW (75 USD) |
Sportswear | 60 PGK (16.20 USD) | 50,000 KRW (37.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 3.78 times less for Clothing and Footwear for Adults.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Children's Jeans | 30 PGK (8.10 USD) | 30,000 KRW (22.50 USD) |
Children's Normal Sneakers | 40 PGK (10.80 USD) | 40,000 KRW (30 USD) |
Children's Winter Coat | 60 PGK (16.20 USD) | 60,000 KRW (45 USD) |
Daycare for Infant | 250 PGK (67.50 USD) | 300,000 KRW (225 USD) |
Daycare for Toddler | 200 PGK (54 USD) | 250,000 KRW (187.50 USD) |
Childcare for Sick Days | 40 PGK (10.80 USD) | 50,000 KRW (37.50 USD) |
Early Childhood Education Programs | 200 PGK (54 USD) | 500,000 KRW (375 USD) |
Extra Curricular Activities | 150 PGK (40.50 USD) | 100,000 KRW (75 USD) |
Summer Camp for Kids | 200 PGK (54 USD) | 200,000 KRW (150 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 3.63 times less for Childcare and kids clothing.
Indicators | Papua New Guinea | South Korea |
---|---|---|
PreSchool Fees | 300 PGK (81 USD) | 200,000 KRW (150 USD) |
Primary School Fees | 500 PGK (135 USD) | 500,000 KRW (375 USD) |
Secondary School Fees | 800 PGK (216 USD) | 700,000 KRW (525 USD) |
Private School Fees | 1,200 PGK (324 USD) | 1,000,000 KRW (750 USD) |
University Tuition Fees | 3,000 PGK (810 USD) | 2,000,000 KRW (1,500 USD) |
University Private Tuition Fees | 4,000 PGK (1,080 USD) | 4,000,000 KRW (3,000 USD) |
After School Activities | 100 PGK (27 USD) | 100,000 KRW (75 USD) |
Special Education Services | 250 PGK (67.50 USD) | 300,000 KRW (225 USD) |
Tutoring | 40 PGK (10.80 USD) | 50,000 KRW (37.50 USD) |
Textbooks Cost | 60 PGK (16.20 USD) | 100,000 KRW (75 USD) |
School Supplies | 40 PGK (10.80 USD) | 30,000 KRW (22.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 2.42 times less for school and education.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Movie Ticket (Single) | 10 PGK (2.70 USD) | 12,000 KRW (9 USD) |
Theater Ticket (Single) | 20 PGK (5.40 USD) | 30,000 KRW (22.50 USD) |
Concert Ticket (Single) | 30 PGK (8.10 USD) | 70,000 KRW (52.50 USD) |
Sports Event Ticket (Single) | 20 PGK (5.40 USD) | 50,000 KRW (37.50 USD) |
Gym Membership | 50 PGK (13.50 USD) | 80,000 KRW (60 USD) |
Swimming Pool Access | 30 PGK (8.10 USD) | 30,000 KRW (22.50 USD) |
Museum Entry Ticket | 10 PGK (2.70 USD) | 5,000 KRW (3.75 USD) |
Zoo Entry Ticket | 15 PGK (4.05 USD) | 10,000 KRW (7.50 USD) |
Amusement Park Entry Ticket | 25 PGK (6.75 USD) | 20,000 KRW (15 USD) |
Bowling | 20 PGK (5.40 USD) | 10,000 KRW (7.50 USD) |
Mini Golf | 15 PGK (4.05 USD) | 15,000 KRW (11.25 USD) |
Video Games | 50 PGK (13.50 USD) | 30,000 KRW (22.50 USD) |
Streaming Services | 15 PGK (4.05 USD) | 20,000 KRW (15 USD) |
Outdoor Equipment Rental | 20 PGK (5.40 USD) | 10,000 KRW (7.50 USD) |
Theme Park Annual Pass | 600 PGK (162 USD) | 150,000 KRW (112.50 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 1.62 times less for entertainment, recreation and fun activities.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Language Classes | 200 PGK (54 USD) | 200,000 KRW (150 USD) |
Parenting Classes | 200 PGK (54 USD) | 150,000 KRW (112.50 USD) |
Art Classes | 30 PGK (8.10 USD) | 25,000 KRW (18.75 USD) |
Fitness Classes | 30 PGK (8.10 USD) | 20,000 KRW (15 USD) |
Music Lessons | 40 PGK (10.80 USD) | 40,000 KRW (30 USD) |
Dance Lessons | 40 PGK (10.80 USD) | 30,000 KRW (22.50 USD) |
Reading Materials for Classes | 10 PGK (2.70 USD) | 10,000 KRW (7.50 USD) |
Educational Software | 200 PGK (54 USD) | 100,000 KRW (75 USD) |
If you lived in Papua New Guinea, instead of South Korea, you would have to pay 2.13 times less for Private Classes.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Average Gross Monthly Salary | 2,000 PGK (540 USD) | 3,000,000 KRW (2,250 USD) |
Average Net Monthly Salary | 1,600 PGK (432 USD) | 2,400,000 KRW (1,800 USD) |
Minimum Wages | 20 PGK per hour (5.40 USD) | 83,333.33 KRW per hour (62.50 USD) |
Average Bonus | 200 PGK (54 USD) | 500,000 KRW (375 USD) |
Income Tax Rate | 0 to 10 % | 0 to 10 % |
Social Security Contributions | 10 % | 5 % |
Pension Contributions | 8 % | 5 % |
Cost of Living Index | 65 | 60 |
Median Household Income | 1,200 PGK (324 USD) | 2,500,000 KRW (1,875 USD) |
If you lived in Papua New Guinea, you would earn 4.69 times less salary as compared to South Korea.
Indicators | Papua New Guinea | South Korea |
---|---|---|
Legal Consultation Per Hour Rate | 150 PGK (40.50 USD) | 100,000 KRW (75 USD) |
Accounting Services Per Hour Rate | 100 PGK (27 USD) | 80,000 KRW (60 USD) |
IT Support Services Per Hour Rate | 80 PGK (21.60 USD) | 70,000 KRW (52.50 USD) |
Technician Services Per Hour Rate | 60 PGK (16.20 USD) | 60,000 KRW (45 USD) |
Professional Services cost 2.21 times less in Papua New Guinea, as compared to South Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Papua New Guinea and South Korea.
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