Published: Monday, 21th October 2024
The cost of living in Solomon Islands is 1.89 times less expensive as compared to North Korea.
On this page, you will find side-by-side cost comparison between Solomon Islands and North 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 Solomon Islands and North Korea.
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Indicators | Solomon Islands | North Korea |
---|---|---|
1 BHK Apartment in City Center | 3,500 SBD (420 USD) | 529,339 KPW (582.27 USD) |
2 BHK Apartment in City Center | 5,000 SBD (600 USD) | 993,638 KPW (1,093 USD) |
3 BHK Apartment in City Center | 7,500 SBD (900 USD) | 1,657,730 KPW (1,823.50 USD) |
1 BHK Apartment outside City Center | 2,500 SBD (300 USD) | 331,467 KPW (364.61 USD) |
2 BHK Apartment outside City Center | 3,500 SBD (420 USD) | 662,934 KPW (729.23 USD) |
3 BHK Apartment outside City Center | 5,000 SBD (600 USD) | 993,638 KPW (1,093 USD) |
Mortgage Rates Per Month | 5 % | 4.2 % |
Realtor Commission | 3 % | 1.3 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Solomon Islands is 1.74 times less expensive than North Korea.
Indicators | Solomon Islands | North Korea |
---|---|---|
Basic Home Furnishing | 12,000 SBD (1,440 USD) | 1,325,319 KPW (1,457.85 USD) |
Electricity Cost Per Month | 350 SBD (42 USD) | 33,114 KPW (36.43 USD) |
Heating Cost Per Month | 200 SBD (24 USD) | 46,340 KPW (50.97 USD) |
Cooling Cost Per Month | 150 SBD (18 USD) | 26,482 KPW (29.13 USD) |
Water Supply Cost Per Month | 100 SBD (12 USD) | 13,237 KPW (14.56 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 3.33% less for Utilities.
The basic home furnishing in Solomon Islands costs 1.01 times less compared to North Korea.
Indicators | Solomon Islands | North Korea |
---|---|---|
Standard Wifi Cost Per Month | 150 SBD (18 USD) | 19,878 KPW (21.87 USD) |
Mobile Phone Basic Plan Cost Per Month | 150 SBD (18 USD) | 19,878 KPW (21.87 USD) |
Landline Basic Plan Cost Per Month | 100 SBD (12 USD) | 6,618 KPW (7.28 USD) |
Cable TV Basic Plan Cost Per Month | 200 SBD (24 USD) | 13,237 KPW (14.56 USD) |
The internet and communication costs 9.80% more in Solomon Islands compared to North Korea.
Indicators | Solomon Islands | North Korea |
---|---|---|
Long Grain Rice (1 KG) | 18 SBD (2.16 USD) | 2,651 KPW (2.92 USD) |
Milk (1 Liter) | 14 SBD (1.68 USD) | 1,324 KPW (1.46 USD) |
Water (1 Liter) | 4 SBD (0.48 USD) | 662 KPW (0.73 USD) |
Bread (500 gm) | 12 SBD (1.44 USD) | 1,656 KPW (1.82 USD) |
Eggs (1 Dozen) | 35 SBD (4.20 USD) | 1,989 KPW (2.19 USD) |
Cheese (1 KG) | 55 SBD (6.60 USD) | 5,304 KPW (5.83 USD) |
Chicken Breast (1 KG) | 50 SBD (6 USD) | 6,621 KPW (7.28 USD) |
In Solomon Islands, the cost of 1 Liter Water and 1 Liter Milk is 1.01 times less expensive than the cost in North Korea.
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.49% more for Groceries.
Indicators | Solomon Islands | North Korea |
---|---|---|
Apples (1 KG) | 20 SBD (2.40 USD) | 3,307 KPW (3.64 USD) |
Bananas (1 KG) | 12 SBD (1.44 USD) | 1,989 KPW (2.19 USD) |
Oranges (1 KG) | 22 SBD (2.64 USD) | 2,651 KPW (2.92 USD) |
Tomatoes (1 KG) | 18 SBD (2.16 USD) | 2,322 KPW (2.55 USD) |
Potatoes (1 KG) | 15 SBD (1.80 USD) | 1,656 KPW (1.82 USD) |
Lemons (1 KG) | 25 SBD (3 USD) | 3,307 KPW (3.64 USD) |
Onions (1 KG) | 20 SBD (2.40 USD) | 1,989 KPW (2.19 USD) |
Lentils (1 KG) | 20 SBD (2.40 USD) | 3,975 KPW (4.37 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.28 times less for Fruits and Vegetables.
Indicators | Solomon Islands | North Korea |
---|---|---|
Meal at a Resonable Restaurant | 150 SBD (18 USD) | 7,944 KPW (8.74 USD) |
Three-Course Meal for Two | 500 SBD (60 USD) | 33,151 KPW (36.47 USD) |
Fast Food Combo Meal | 120 SBD (14.40 USD) | 5,307 KPW (5.84 USD) |
Normal Coffee | 30 SBD (3.60 USD) | 2,651 KPW (2.92 USD) |
Soft Drink | 15 SBD (1.80 USD) | 1,657 KPW (1.82 USD) |
Pizza for One | 150 SBD (18 USD) | 13,237 KPW (14.56 USD) |
Take-Out Delivery Meal | 120 SBD (14.40 USD) | 7,944 KPW (8.74 USD) |
Cigarette Pack of 20 | 40 SBD (4.80 USD) | 3,307 KPW (3.64 USD) |
Dining-Out costs 63.21% more in Solomon Islands compared to North Korea.
Indicators | Solomon Islands | North Korea |
---|---|---|
Wine Mid-Range Bottle | 200 SBD (24 USD) | 19,878 KPW (21.87 USD) |
Glass of Wine | 40 SBD (4.80 USD) | 6,621 KPW (7.28 USD) |
Domestic Beer Half Liter | 15 SBD (1.80 USD) | 1,989 KPW (2.19 USD) |
Imported Beer Half Liter | 25 SBD (3 USD) | 2,651 KPW (2.92 USD) |
Domestic Alcohol 1 Liter | 70 SBD (8.40 USD) | 9,926 KPW (10.92 USD) |
Branded Alcohol 1 Liter | 130 SBD (15.60 USD) | 19,878 KPW (21.87 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.16 times less for usual hard drinks.
Indicators | Solomon Islands | North Korea |
---|---|---|
Monthly Public Transportation Pass | 200 SBD (24 USD) | 39,869 KPW (43.86 USD) |
Single Public Transportation Ticket | 15 SBD (1.80 USD) | 796 KPW (0.88 USD) |
Single Train Ticket | Yet to Update () | 46,328 KPW (50.96 USD) |
Domestic Airplane Ticket | 1,000 SBD (120 USD) | 132,532 KPW (145.79 USD) |
Taxi Start Fare | 30 SBD (3.60 USD) | 1,988 KPW (2.19 USD) |
Taxi Rate Per Kilometer | 10 SBD (1.20 USD) | 662 KPW (0.73 USD) |
Car Rental Per Day | 400 SBD (48 USD) | 46,328 KPW (50.96 USD) |
Parking Fees in City Center Per Hour | 50 SBD (6 USD) | 1,988 KPW (2.19 USD) |
Parking Fees outside City Center Per Hour | 20 SBD (2.40 USD) | 994 KPW (1.09 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.44 times less for transportation.
Indicators | Solomon Islands | North Korea |
---|---|---|
Reasonable Vehicle Purchase Cost | 90,000 SBD (10,800 USD) | 19,858,740 KPW (21,844.61 USD) |
Vehicle Registration Cost | 200 SBD (24 USD) | 132,532 KPW (145.79 USD) |
Driving License Fees | 150 SBD (18 USD) | 33,114 KPW (36.43 USD) |
Car Insurance Cost | 600 SBD (72 USD) | 330,531 KPW (363.58 USD) |
Car Maintenance Cost | 400 SBD (48 USD) | 99,396 KPW (109.34 USD) |
Car Loan Interest Rates | 7 % | 4.2 % |
Fuel Per Liter | 10 SBD (1.20 USD) | 993 KPW (1.09 USD) |
Fuel Per Gallon | 38 SBD (4.56 USD) | 3,969 KPW (4.37 USD) |
Average Toll Fees | 100 SBD 12 USD | 3,308 KPW 3.64 USD |
You would have to pay 2.05 times less for Vehicle purchase, daily operation and maintenance in Solomon Islands compared to that of North Korea.
Indicators | Solomon Islands | North Korea |
---|---|---|
Doctor Visit | 200 SBD (24 USD) | 46,328 KPW (50.96 USD) |
Specialist Visit | 350 SBD (42 USD) | 99,396 KPW (109.34 USD) |
Dentist Visit | 250 SBD (30 USD) | 52,953 KPW (58.25 USD) |
Eye Exam | 150 SBD (18 USD) | 39,869 KPW (43.86 USD) |
Mental Health Counseling | 350 SBD (42 USD) | 66,832 KPW (73.52 USD) |
Preventive Health Screening | 200 SBD (24 USD) | 52,953 KPW (58.25 USD) |
Physical Therapy | 300 SBD (36 USD) | 46,328 KPW (50.96 USD) |
Emergency Room Visit | 800 SBD (96 USD) | 99,396 KPW (109.34 USD) |
Hospital Stay Per Night | 1,500 SBD (180 USD) | 132,532 KPW (145.79 USD) |
Vaccinations | 100 SBD (12 USD) | 19,878 KPW (21.87 USD) |
Prescription Medication | 80 SBD (9.60 USD) | 13,237 KPW (14.56 USD) |
Over the Counter Medication | 30 SBD (3.60 USD) | 6,618 KPW (7.28 USD) |
Health Insurance Premiums | 500 SBD (60 USD) | 99,396 KPW (109.34 USD) |
Health Insurance Deductibles | 1,000 SBD (120 USD) | 19,878 KPW (21.87 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.26 times less for Health and Medical Treatment.
Indicators | Solomon Islands | North Korea |
---|---|---|
Cosmetic Procedures | 1,500 SBD (180 USD) | 331,391 KPW (364.53 USD) |
Spa Treatment | 500 SBD (60 USD) | 99,396 KPW (109.34 USD) |
Manicure Pedicure Cost | 100 SBD (12 USD) | 33,114 KPW (36.43 USD) |
Optical Glasses Cost | 300 SBD (36 USD) | 99,396 KPW (109.34 USD) |
Contact Lenses Cost | 150 SBD (18 USD) | 66,832 KPW (73.52 USD) |
Haircuts | 80 SBD (9.60 USD) | 13,237 KPW (14.56 USD) |
Hair Coloring | 200 SBD (24 USD) | 52,953 KPW (58.25 USD) |
Shampoo Price | 30 SBD (3.60 USD) | 2,651 KPW (2.92 USD) |
Toothpaste Price | 20 SBD (2.40 USD) | 1,324 KPW (1.46 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 2.23 times less for Personal Care Items and Treatment.
Indicators | Solomon Islands | North Korea |
---|---|---|
Pair of Nike Running Shoes | 750 SBD (90 USD) | 66,832 KPW (73.52 USD) |
Men's Shirt | 250 SBD (30 USD) | 26,482 KPW (29.13 USD) |
Women's Dress | 400 SBD (48 USD) | 52,953 KPW (58.25 USD) |
Summer Dress | 300 SBD (36 USD) | 26,482 KPW (29.13 USD) |
Men's Suit | 1,200 SBD (144 USD) | 331,391 KPW (364.53 USD) |
Men's Jeans | 400 SBD (48 USD) | 39,869 KPW (43.86 USD) |
Women's Jeans | 400 SBD (48 USD) | 33,114 KPW (36.43 USD) |
Men's Formal Shoes | 800 SBD (96 USD) | 79,422 KPW (87.36 USD) |
Women's Formal Shoes | 700 SBD (84 USD) | 66,832 KPW (73.52 USD) |
Men's Casual Shoes | 500 SBD (60 USD) | 52,953 KPW (58.25 USD) |
Women's Casual Shoes | 500 SBD (60 USD) | 39,869 KPW (43.86 USD) |
Underwear For Men | 60 SBD (7.20 USD) | 6,618 KPW (7.28 USD) |
Underwear For Women | 60 SBD (7.20 USD) | 6,618 KPW (7.28 USD) |
Socks For Men | 20 SBD (2.40 USD) | 3,309 KPW (3.64 USD) |
Socks For Women | 20 SBD (2.40 USD) | 3,309 KPW (3.64 USD) |
Wintercoat for Adults | 800 SBD (96 USD) | 66,832 KPW (73.52 USD) |
Sportswear | 300 SBD (36 USD) | 33,114 KPW (36.43 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.15 times less for Clothing and Footwear for Adults.
Indicators | Solomon Islands | North Korea |
---|---|---|
Children's Jeans | 200 SBD (24 USD) | 19,878 KPW (21.87 USD) |
Children's Normal Sneakers | 250 SBD (30 USD) | 26,482 KPW (29.13 USD) |
Children's Winter Coat | 300 SBD (36 USD) | 39,869 KPW (43.86 USD) |
Daycare for Infant | 1,200 SBD (144 USD) | 198,792 KPW (218.67 USD) |
Daycare for Toddler | 1,000 SBD (120 USD) | 165,659 KPW (182.22 USD) |
Childcare for Sick Days | 150 SBD (18 USD) | 33,114 KPW (36.43 USD) |
Early Childhood Education Programs | 600 SBD (72 USD) | 331,391 KPW (364.53 USD) |
Extra Curricular Activities | 200 SBD (24 USD) | 66,832 KPW (73.52 USD) |
Summer Camp for Kids | 500 SBD (60 USD) | 132,532 KPW (145.79 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 2.11 times less for Childcare and kids clothing.
Indicators | Solomon Islands | North Korea |
---|---|---|
PreSchool Fees | 1,500 SBD (180 USD) | 132,532 KPW (145.79 USD) |
Primary School Fees | 2,000 SBD (240 USD) | 331,391 KPW (364.53 USD) |
Secondary School Fees | 2,500 SBD (300 USD) | 463,147 KPW (509.46 USD) |
Private School Fees | 4,000 SBD (480 USD) | 662,934 KPW (729.23 USD) |
University Tuition Fees | 10,000 SBD (1,200 USD) | 1,325,319 KPW (1,457.85 USD) |
University Private Tuition Fees | 15,000 SBD (1,800 USD) | 2,650,637 KPW (2,915.70 USD) |
After School Activities | 300 SBD (36 USD) | 66,832 KPW (73.52 USD) |
Special Education Services | 400 SBD (48 USD) | 198,792 KPW (218.67 USD) |
Tutoring | 200 SBD (24 USD) | 33,114 KPW (36.43 USD) |
Textbooks Cost | 150 SBD (18 USD) | 66,832 KPW (73.52 USD) |
School Supplies | 100 SBD (12 USD) | 19,878 KPW (21.87 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.51 times less for school and education.
Indicators | Solomon Islands | North Korea |
---|---|---|
Movie Ticket (Single) | 120 SBD (14.40 USD) | 7,944 KPW (8.74 USD) |
Theater Ticket (Single) | 200 SBD (24 USD) | 19,878 KPW (21.87 USD) |
Concert Ticket (Single) | 350 SBD (42 USD) | 46,328 KPW (50.96 USD) |
Sports Event Ticket (Single) | 250 SBD (30 USD) | 33,114 KPW (36.43 USD) |
Gym Membership | 400 SBD (48 USD) | 52,953 KPW (58.25 USD) |
Swimming Pool Access | 80 SBD (9.60 USD) | 19,878 KPW (21.87 USD) |
Museum Entry Ticket | 50 SBD (6 USD) | 3,309 KPW (3.64 USD) |
Zoo Entry Ticket | 80 SBD (9.60 USD) | 6,618 KPW (7.28 USD) |
Amusement Park Entry Ticket | 150 SBD (18 USD) | 13,237 KPW (14.56 USD) |
Bowling | 80 SBD (9.60 USD) | 6,618 KPW (7.28 USD) |
Mini Golf | 50 SBD (6 USD) | 9,869 KPW (10.86 USD) |
Video Games | 300 SBD (36 USD) | 19,878 KPW (21.87 USD) |
Streaming Services | 60 SBD (7.20 USD) | 13,237 KPW (14.56 USD) |
Outdoor Equipment Rental | 150 SBD (18 USD) | 6,618 KPW (7.28 USD) |
Theme Park Annual Pass | 600 SBD (72 USD) | 99,396 KPW (109.34 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 1.13 times less for entertainment, recreation and fun activities.
Indicators | Solomon Islands | North Korea |
---|---|---|
Language Classes | 300 SBD (36 USD) | 132,532 KPW (145.79 USD) |
Parenting Classes | 150 SBD (18 USD) | 99,396 KPW (109.34 USD) |
Art Classes | 80 SBD (9.60 USD) | 16,561 KPW (18.22 USD) |
Fitness Classes | 60 SBD (7.20 USD) | 13,237 KPW (14.56 USD) |
Music Lessons | 100 SBD (12 USD) | 26,482 KPW (29.13 USD) |
Dance Lessons | 120 SBD (14.40 USD) | 19,878 KPW (21.87 USD) |
Reading Materials for Classes | 30 SBD (3.60 USD) | 6,618 KPW (7.28 USD) |
Educational Software | 80 SBD (9.60 USD) | 66,832 KPW (73.52 USD) |
If you lived in Solomon Islands, instead of North Korea, you would have to pay 3.80 times less for Private Classes.
Indicators | Solomon Islands | North Korea |
---|---|---|
Average Gross Monthly Salary | 7,000 SBD (840 USD) | 1,989,807 KPW (2,188.79 USD) |
Average Net Monthly Salary | 5,500 SBD (660 USD) | 1,593,462 KPW (1,752.81 USD) |
Minimum Wages | 83.33 SBD per hour (10 USD) | 55,192.63 KPW per hour (60.71 USD) |
Average Bonus | 1,000 SBD (120 USD) | 331,391 KPW (364.53 USD) |
Income Tax Rate | 0 to 10 % | 0 % |
Social Security Contributions | 8 % | 5 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 45 | 65 |
Median Household Income | 6,000 SBD (720 USD) | 1,655,779 KPW (1,821.36 USD) |
If you lived in Solomon Islands, you would earn 2.63 times less salary as compared to North Korea.
Indicators | Solomon Islands | North Korea |
---|---|---|
Legal Consultation Per Hour Rate | 150 SBD (18 USD) | 66,832 KPW (73.52 USD) |
Accounting Services Per Hour Rate | 100 SBD (12 USD) | 52,953 KPW (58.25 USD) |
IT Support Services Per Hour Rate | 80 SBD (9.60 USD) | 46,328 KPW (50.96 USD) |
Technician Services Per Hour Rate | 70 SBD (8.40 USD) | 39,869 KPW (43.86 USD) |
Professional Services cost 4.72 times less in Solomon Islands, as compared to North Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Solomon Islands and North Korea.
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