Published: Monday, 21th October 2024
The cost of living in Singapore is 2.52 times more expensive as compared to South Korea.
On this page, you will find side-by-side cost comparison between Singapore 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 Singapore and South Korea.
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![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 3,500 SGD (2,555 USD) | 800,000 KRW (600 USD) |
2 BHK Apartment in City Center ![]() | 6,000 SGD (4,380 USD) | 1,500,000 KRW (1,125 USD) |
3 BHK Apartment in City Center ![]() | 9,000 SGD (6,570 USD) | 2,500,000 KRW (1,875 USD) |
1 BHK Apartment outside City Center ![]() | 2,500 SGD (1,825 USD) | 500,000 KRW (375 USD) |
2 BHK Apartment outside City Center ![]() | 4,000 SGD (2,920 USD) | 1,000,000 KRW (750 USD) |
3 BHK Apartment outside City Center ![]() | 6,000 SGD (4,380 USD) | 1,500,000 KRW (1,125 USD) |
Mortgage Rates Per Month ![]() | 1.5 % | 3 % |
Realtor Commission ![]() | 2 % | 1 % |
Property Taxes ![]() | 0.1 to 1.0 % | 0.15 to 0.5 % |
The average housing cost in Singapore is 3.86 times more expensive than South Korea.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Basic Home Furnishing ![]() | 5,000 SGD (3,650 USD) | 2,000,000 KRW (1,500 USD) |
Electricity Cost Per Month ![]() | 100 SGD (73 USD) | 50,000 KRW (37.50 USD) |
Heating Cost Per Month ![]() | 50 SGD (36.50 USD) | 70,000 KRW (52.50 USD) |
Cooling Cost Per Month ![]() | 100 SGD (73 USD) | 40,000 KRW (30 USD) |
Water Supply Cost Per Month ![]() | 50 SGD (36.50 USD) | 20,000 KRW (15 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 136.64% more for Utilities.
The basic home furnishing in Singapore costs 2.43 times more compared to South Korea.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 70 SGD (51.10 USD) | 30,000 KRW (22.50 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 50 SGD (36.50 USD) | 30,000 KRW (22.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 30 SGD (21.90 USD) | 10,000 KRW (7.50 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 60 SGD (43.80 USD) | 20,000 KRW (15 USD) |
The internet and communication costs 127.11% more in Singapore compared to South Korea.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 4 SGD (2.92 USD) | 4,000 KRW (3 USD) |
Milk (1 Liter) ![]() | 2.50 SGD (1.82 USD) | 2,000 KRW (1.50 USD) |
Water (1 Liter) ![]() | 1.50 SGD (1.09 USD) | 1,000 KRW (0.75 USD) |
Bread (500 gm) ![]() | 3 SGD (2.19 USD) | 2,500 KRW (1.88 USD) |
Eggs (1 Dozen) ![]() | 4.50 SGD (3.29 USD) | 3,000 KRW (2.25 USD) |
Cheese (1 KG) ![]() | 15 SGD (10.95 USD) | 8,000 KRW (6 USD) |
Chicken Breast (1 KG) ![]() | 12 SGD (8.76 USD) | 10,000 KRW (7.50 USD) |
In Singapore, the cost of 1 Liter Water and 1 Liter Milk is 1.30 times more expensive than the cost in South Korea.
If you lived in Singapore, instead of South Korea, you would have to pay 35.63% more for Groceries.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Apples (1 KG) ![]() | 6 SGD (4.38 USD) | 5,000 KRW (3.75 USD) |
Bananas (1 KG) ![]() | 3 SGD (2.19 USD) | 3,000 KRW (2.25 USD) |
Oranges (1 KG) ![]() | 4 SGD (2.92 USD) | 4,000 KRW (3 USD) |
Tomatoes (1 KG) ![]() | 5 SGD (3.65 USD) | 3,500 KRW (2.63 USD) |
Potatoes (1 KG) ![]() | 3 SGD (2.19 USD) | 2,500 KRW (1.88 USD) |
Lemons (1 KG) ![]() | 5 SGD (3.65 USD) | 5,000 KRW (3.75 USD) |
Onions (1 KG) ![]() | 3 SGD (2.19 USD) | 3,000 KRW (2.25 USD) |
Lentils (1 KG) ![]() | 4 SGD (2.92 USD) | 6,000 KRW (4.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.00 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 10 SGD (7.30 USD) | 12,000 KRW (9 USD) |
Three-Course Meal for Two ![]() | 120 SGD (87.60 USD) | 50,000 KRW (37.50 USD) |
Fast Food Combo Meal ![]() | 8 SGD (5.84 USD) | 8,000 KRW (6 USD) |
Normal Coffee ![]() | 5 SGD (3.65 USD) | 4,000 KRW (3 USD) |
Soft Drink ![]() | 2.50 SGD (1.82 USD) | 2,500 KRW (1.88 USD) |
Pizza for One ![]() | 25 SGD (18.25 USD) | 20,000 KRW (15 USD) |
Take-Out Delivery Meal ![]() | 15 SGD (10.95 USD) | 12,000 KRW (9 USD) |
Cigarette Pack of 20 ![]() | 10 SGD (7.30 USD) | 5,000 KRW (3.75 USD) |
Dining-Out costs 67.65% more in Singapore compared to South Korea.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 30 SGD (21.90 USD) | 30,000 KRW (22.50 USD) |
Glass of Wine ![]() | 12 SGD (8.76 USD) | 10,000 KRW (7.50 USD) |
Domestic Beer Half Liter ![]() | 3.50 SGD (2.55 USD) | 3,000 KRW (2.25 USD) |
Imported Beer Half Liter ![]() | 5 SGD (3.65 USD) | 4,000 KRW (3 USD) |
Domestic Alcohol 1 Liter ![]() | 20 SGD (14.60 USD) | 15,000 KRW (11.25 USD) |
Branded Alcohol 1 Liter ![]() | 40 SGD (29.20 USD) | 30,000 KRW (22.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.17 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 100 SGD (73 USD) | 60,000 KRW (45 USD) |
Single Public Transportation Ticket ![]() | 2 SGD (1.46 USD) | 1,200 KRW (0.90 USD) |
Single Train Ticket ![]() | 2.50 SGD (1.82 USD) | 70,000 KRW (52.50 USD) |
Domestic Airplane Ticket ![]() | 150 SGD (109.50 USD) | 200,000 KRW (150 USD) |
Taxi Start Fare ![]() | 3 SGD (2.19 USD) | 3,000 KRW (2.25 USD) |
Taxi Rate Per Kilometer ![]() | 1 SGD (0.73 USD) | 1,000 KRW (0.75 USD) |
Car Rental Per Day ![]() | 80 SGD (58.40 USD) | 70,000 KRW (52.50 USD) |
Parking Fees in City Center Per Hour ![]() | 3 SGD (2.19 USD) | 3,000 KRW (2.25 USD) |
Parking Fees outside City Center Per Hour ![]() | 2 SGD (1.46 USD) | 1,500 KRW (1.13 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.23 times less for transportation.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 50,000 SGD (36,500 USD) | 30,000,000 KRW (22,500 USD) |
Vehicle Registration Cost ![]() | 200 SGD (146 USD) | 200,000 KRW (150 USD) |
Driving License Fees ![]() | 50 SGD (36.50 USD) | 50,000 KRW (37.50 USD) |
Car Insurance Cost ![]() | 150 SGD (109.50 USD) | 500,000 KRW (375 USD) |
Car Maintenance Cost ![]() | 100 SGD (73 USD) | 150,000 KRW (112.50 USD) |
Car Loan Interest Rates ![]() | 2.5 % | 4 % |
Fuel Per Liter ![]() | 2 SGD (1.46 USD) | 1,500 KRW (1.13 USD) |
Fuel Per Gallon ![]() | 7.60 SGD (5.55 USD) | 6,000 KRW (4.50 USD) |
Average Toll Fees ![]() | 2 SGD 1.46 USD | 5,000 KRW 3.75 USD |
You would have to pay 1.59 times more for Vehicle purchase, daily operation and maintenance in Singapore compared to that of South Korea.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Doctor Visit ![]() | 70 SGD (51.10 USD) | 70,000 KRW (52.50 USD) |
Specialist Visit ![]() | 150 SGD (109.50 USD) | 150,000 KRW (112.50 USD) |
Dentist Visit ![]() | 80 SGD (58.40 USD) | 80,000 KRW (60 USD) |
Eye Exam ![]() | 50 SGD (36.50 USD) | 60,000 KRW (45 USD) |
Mental Health Counseling ![]() | 120 SGD (87.60 USD) | 100,000 KRW (75 USD) |
Preventive Health Screening ![]() | 150 SGD (109.50 USD) | 80,000 KRW (60 USD) |
Physical Therapy ![]() | 100 SGD (73 USD) | 70,000 KRW (52.50 USD) |
Emergency Room Visit ![]() | 500 SGD (365 USD) | 150,000 KRW (112.50 USD) |
Hospital Stay Per Night ![]() | 800 SGD (584 USD) | 200,000 KRW (150 USD) |
Vaccinations ![]() | 100 SGD (73 USD) | 30,000 KRW (22.50 USD) |
Prescription Medication ![]() | 25 SGD (18.25 USD) | 20,000 KRW (15 USD) |
Over the Counter Medication ![]() | 10 SGD (7.30 USD) | 10,000 KRW (7.50 USD) |
Health Insurance Premiums ![]() | 300 SGD (219 USD) | 150,000 KRW (112.50 USD) |
Health Insurance Deductibles ![]() | 500 SGD (365 USD) | 30,000 KRW (22.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 2.40 times more for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Cosmetic Procedures ![]() | 300 SGD (219 USD) | 500,000 KRW (375 USD) |
Spa Treatment ![]() | 150 SGD (109.50 USD) | 150,000 KRW (112.50 USD) |
Manicure Pedicure Cost ![]() | 60 SGD (43.80 USD) | 50,000 KRW (37.50 USD) |
Optical Glasses Cost ![]() | 200 SGD (146 USD) | 150,000 KRW (112.50 USD) |
Contact Lenses Cost ![]() | 100 SGD (73 USD) | 100,000 KRW (75 USD) |
Haircuts ![]() | 30 SGD (21.90 USD) | 20,000 KRW (15 USD) |
Hair Coloring ![]() | 100 SGD (73 USD) | 80,000 KRW (60 USD) |
Shampoo Price ![]() | 8 SGD (5.84 USD) | 4,000 KRW (3 USD) |
Toothpaste Price ![]() | 5 SGD (3.65 USD) | 2,000 KRW (1.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.14 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 150 SGD (109.50 USD) | 100,000 KRW (75 USD) |
Men's Shirt ![]() | 60 SGD (43.80 USD) | 40,000 KRW (30 USD) |
Women's Dress ![]() | 100 SGD (73 USD) | 80,000 KRW (60 USD) |
Summer Dress ![]() | 80 SGD (58.40 USD) | 40,000 KRW (30 USD) |
Men's Suit ![]() | 500 SGD (365 USD) | 500,000 KRW (375 USD) |
Men's Jeans ![]() | 80 SGD (58.40 USD) | 60,000 KRW (45 USD) |
Women's Jeans ![]() | 80 SGD (58.40 USD) | 50,000 KRW (37.50 USD) |
Men's Formal Shoes ![]() | 200 SGD (146 USD) | 120,000 KRW (90 USD) |
Women's Formal Shoes ![]() | 150 SGD (109.50 USD) | 100,000 KRW (75 USD) |
Men's Casual Shoes ![]() | 120 SGD (87.60 USD) | 80,000 KRW (60 USD) |
Women's Casual Shoes ![]() | 100 SGD (73 USD) | 60,000 KRW (45 USD) |
Underwear For Men ![]() | 20 SGD (14.60 USD) | 10,000 KRW (7.50 USD) |
Underwear For Women ![]() | 20 SGD (14.60 USD) | 10,000 KRW (7.50 USD) |
Socks For Men ![]() | 10 SGD (7.30 USD) | 5,000 KRW (3.75 USD) |
Socks For Women ![]() | 10 SGD (7.30 USD) | 5,000 KRW (3.75 USD) |
Wintercoat for Adults ![]() | 200 SGD (146 USD) | 100,000 KRW (75 USD) |
Sportswear ![]() | 80 SGD (58.40 USD) | 50,000 KRW (37.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.35 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Children's Jeans ![]() | 40 SGD (29.20 USD) | 30,000 KRW (22.50 USD) |
Children's Normal Sneakers ![]() | 60 SGD (43.80 USD) | 40,000 KRW (30 USD) |
Children's Winter Coat ![]() | 100 SGD (73 USD) | 60,000 KRW (45 USD) |
Daycare for Infant ![]() | 1,200 SGD (876 USD) | 300,000 KRW (225 USD) |
Daycare for Toddler ![]() | 1,000 SGD (730 USD) | 250,000 KRW (187.50 USD) |
Childcare for Sick Days ![]() | 80 SGD (58.40 USD) | 50,000 KRW (37.50 USD) |
Early Childhood Education Programs ![]() | 800 SGD (584 USD) | 500,000 KRW (375 USD) |
Extra Curricular Activities ![]() | 150 SGD (109.50 USD) | 100,000 KRW (75 USD) |
Summer Camp for Kids ![]() | 1,000 SGD (730 USD) | 200,000 KRW (150 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 2.82 times more for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
PreSchool Fees ![]() | 1,500 SGD (1,095 USD) | 200,000 KRW (150 USD) |
Primary School Fees ![]() | 3,000 SGD (2,190 USD) | 500,000 KRW (375 USD) |
Secondary School Fees ![]() | 5,000 SGD (3,650 USD) | 700,000 KRW (525 USD) |
Private School Fees ![]() | 10,000 SGD (7,300 USD) | 1,000,000 KRW (750 USD) |
University Tuition Fees ![]() | 15,000 SGD (10,950 USD) | 2,000,000 KRW (1,500 USD) |
University Private Tuition Fees ![]() | 25,000 SGD (18,250 USD) | 4,000,000 KRW (3,000 USD) |
After School Activities ![]() | 200 SGD (146 USD) | 100,000 KRW (75 USD) |
Special Education Services ![]() | 300 SGD (219 USD) | 300,000 KRW (225 USD) |
Tutoring ![]() | 100 SGD (73 USD) | 50,000 KRW (37.50 USD) |
Textbooks Cost ![]() | 150 SGD (109.50 USD) | 100,000 KRW (75 USD) |
School Supplies ![]() | 100 SGD (73 USD) | 30,000 KRW (22.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 6.54 times more for school and education.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 12 SGD (8.76 USD) | 12,000 KRW (9 USD) |
Theater Ticket (Single) ![]() | 50 SGD (36.50 USD) | 30,000 KRW (22.50 USD) |
Concert Ticket (Single) ![]() | 100 SGD (73 USD) | 70,000 KRW (52.50 USD) |
Sports Event Ticket (Single) ![]() | 80 SGD (58.40 USD) | 50,000 KRW (37.50 USD) |
Gym Membership ![]() | 100 SGD (73 USD) | 80,000 KRW (60 USD) |
Swimming Pool Access ![]() | 20 SGD (14.60 USD) | 30,000 KRW (22.50 USD) |
Museum Entry Ticket ![]() | 15 SGD (10.95 USD) | 5,000 KRW (3.75 USD) |
Zoo Entry Ticket ![]() | 30 SGD (21.90 USD) | 10,000 KRW (7.50 USD) |
Amusement Park Entry Ticket ![]() | 60 SGD (43.80 USD) | 20,000 KRW (15 USD) |
Bowling ![]() | 20 SGD (14.60 USD) | 10,000 KRW (7.50 USD) |
Mini Golf ![]() | 10 SGD (7.30 USD) | 15,000 KRW (11.25 USD) |
Video Games ![]() | 60 SGD (43.80 USD) | 30,000 KRW (22.50 USD) |
Streaming Services ![]() | 15 SGD (10.95 USD) | 20,000 KRW (15 USD) |
Outdoor Equipment Rental ![]() | 50 SGD (36.50 USD) | 10,000 KRW (7.50 USD) |
Theme Park Annual Pass ![]() | 200 SGD (146 USD) | 150,000 KRW (112.50 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.48 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Language Classes ![]() | 200 SGD (146 USD) | 200,000 KRW (150 USD) |
Parenting Classes ![]() | 100 SGD (73 USD) | 150,000 KRW (112.50 USD) |
Art Classes ![]() | 40 SGD (29.20 USD) | 25,000 KRW (18.75 USD) |
Fitness Classes ![]() | 25 SGD (18.25 USD) | 20,000 KRW (15 USD) |
Music Lessons ![]() | 50 SGD (36.50 USD) | 40,000 KRW (30 USD) |
Dance Lessons ![]() | 60 SGD (43.80 USD) | 30,000 KRW (22.50 USD) |
Reading Materials for Classes ![]() | 10 SGD (7.30 USD) | 10,000 KRW (7.50 USD) |
Educational Software ![]() | 50 SGD (36.50 USD) | 100,000 KRW (75 USD) |
If you lived in Singapore, instead of South Korea, you would have to pay 1.10 times less for Private Classes.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 5,000 SGD (3,650 USD) | 3,000,000 KRW (2,250 USD) |
Average Net Monthly Salary ![]() | 4,000 SGD (2,920 USD) | 2,400,000 KRW (1,800 USD) |
Minimum Wages ![]() | 50 SGD per hour (36.50 USD) | 83,333.33 KRW per hour (62.50 USD) |
Average Bonus ![]() | 1,000 SGD (730 USD) | 500,000 KRW (375 USD) |
Income Tax Rate ![]() | 0 to 8 % | 0 to 10 % |
Social Security Contributions ![]() | 20 % | 5 % |
Pension Contributions ![]() | 5 % | 5 % |
Cost of Living Index ![]() | 80 | 60 |
Median Household Income ![]() | 4,500 SGD (3,285 USD) | 2,500,000 KRW (1,875 USD) |
If you lived in Singapore, you would earn 1.67 times more salary as compared to South Korea.
![]() Indicators ![]() | ![]() Singapore ![]() | ![]() South Korea ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 300 SGD (219 USD) | 100,000 KRW (75 USD) |
Accounting Services Per Hour Rate ![]() | 250 SGD (182.50 USD) | 80,000 KRW (60 USD) |
IT Support Services Per Hour Rate ![]() | 200 SGD (146 USD) | 70,000 KRW (52.50 USD) |
Technician Services Per Hour Rate ![]() | 150 SGD (109.50 USD) | 60,000 KRW (45 USD) |
Professional Services cost 2.83 times more in Singapore, as compared to South Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Singapore and South Korea.
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