Published: Monday, 21th October 2024
The cost of living in South Korea is 1.85 times more expensive as compared to Albania.
On this page, you will find side-by-side cost comparison between South Korea and Albania. 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 South Korea and Albania.
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Indicators | South Korea | Albania |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 40,000 ALL (376 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 60,000 ALL (564 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 80,000 ALL (752 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 25,000 ALL (235 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 40,000 ALL (376 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 55,000 ALL (517 USD) |
Mortgage Rates Per Month | 3 % | 4.2 % |
Realtor Commission | 1 % | 3 % |
Property Taxes | 0.15 to 0.5 % | Yet to Update |
The average housing cost in South Korea is 2.06 times more expensive than Albania.
Indicators | South Korea | Albania |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 50,000 ALL (470 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 4,000 ALL (37.60 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 6,000 ALL (56.40 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 4,000 ALL (37.60 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 1,500 ALL (14.10 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 165.55% more for Utilities.
The basic home furnishing in South Korea costs 3.19 times more compared to Albania.
Indicators | South Korea | Albania |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 2,000 ALL (18.80 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 1,000 ALL (9.40 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 1,000 ALL (9.40 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 2,500 ALL (23.50 USD) |
The internet and communication costs 10.47% more in South Korea compared to Albania.
Indicators | South Korea | Albania |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 100 ALL (0.94 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 130 ALL (1.22 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 30 ALL (0.28 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 60 ALL (0.56 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 170 ALL (1.60 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 750 ALL (7.05 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 500 ALL (4.70 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.50 times more expensive than the cost in Albania.
If you lived in South Korea, instead of Albania, you would have to pay 39.86% more for Groceries.
Indicators | South Korea | Albania |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 90 ALL (0.85 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 130 ALL (1.22 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 120 ALL (1.13 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 80 ALL (0.75 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 50 ALL (0.47 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 120 ALL (1.13 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 70 ALL (0.66 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 150 ALL (1.41 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 3.15 times more for Fruits and Vegetables.
Indicators | South Korea | Albania |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 500 ALL (4.70 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 2,500 ALL (23.50 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 600 ALL (5.64 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 100 ALL (0.94 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 70 ALL (0.66 USD) |
Pizza for One | 20,000 KRW (15 USD) | 600 ALL (5.64 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 400 ALL (3.76 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 250 ALL (2.35 USD) |
Dining-Out costs 80.40% more in South Korea compared to Albania.
Indicators | South Korea | Albania |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 600 ALL (5.64 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 250 ALL (2.35 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 120 ALL (1.13 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 200 ALL (1.88 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 800 ALL (7.52 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 1,000 ALL (9.40 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 2.47 times more for usual hard drinks.
Indicators | South Korea | Albania |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 1,200 ALL (11.28 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 40 ALL (0.38 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | 300 ALL (2.82 USD) |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 7,000 ALL (65.80 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 250 ALL (2.35 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 80 ALL (0.75 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 2,500 ALL (23.50 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 50 ALL (0.47 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 30 ALL (0.28 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 2.85 times more for transportation.
Indicators | South Korea | Albania |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 1,500,000 ALL (14,100 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 1,500 ALL (14.10 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 10,000 ALL (94 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 2,000 ALL (18.80 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 1,500 ALL (14.10 USD) |
Car Loan Interest Rates | 4 % | 6 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 200 ALL (1.88 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 750 ALL (7.05 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | 300 ALL 2.82 USD |
You would have to pay 1.63 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Albania.
Indicators | South Korea | Albania |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 2,000 ALL (18.80 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 4,000 ALL (37.60 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 3,000 ALL (28.20 USD) |
Eye Exam | 60,000 KRW (45 USD) | 1,500 ALL (14.10 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 4,000 ALL (37.60 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 2,500 ALL (23.50 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 3,000 ALL (28.20 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 8,000 ALL (75.20 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 20,000 ALL (188 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 1,500 ALL (14.10 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 1,000 ALL (9.40 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 500 ALL (4.70 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 5,000 ALL (47 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 10,000 ALL (94 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 1.45 times more for Health and Medical Treatment.
Indicators | South Korea | Albania |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 30,000 ALL (282 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 2,000 ALL (18.80 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 1,500 ALL (14.10 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 8,000 ALL (75.20 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 5,000 ALL (47 USD) |
Haircuts | 20,000 KRW (15 USD) | 500 ALL (4.70 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 800 ALL (7.52 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 400 ALL (3.76 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 200 ALL (1.88 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 1.74 times more for Personal Care Items and Treatment.
Indicators | South Korea | Albania |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 7,000 ALL (65.80 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 1,500 ALL (14.10 USD) |
Women's Dress | 80,000 KRW (60 USD) | 3,000 ALL (28.20 USD) |
Summer Dress | 40,000 KRW (30 USD) | 2,000 ALL (18.80 USD) |
Men's Suit | 500,000 KRW (375 USD) | 10,000 ALL (94 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 3,000 ALL (28.20 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 2,500 ALL (23.50 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 5,000 ALL (47 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 4,500 ALL (42.30 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 4,000 ALL (37.60 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 3,000 ALL (28.20 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 500 ALL (4.70 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 600 ALL (5.64 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 200 ALL (1.88 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 250 ALL (2.35 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 7,000 ALL (65.80 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 3,000 ALL (28.20 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 1.97 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Albania |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 2,000 ALL (18.80 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 2,500 ALL (23.50 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 5,000 ALL (47 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 7,000 ALL (65.80 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 6,000 ALL (56.40 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 3,000 ALL (28.20 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 10,000 ALL (94 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 2,000 ALL (18.80 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 7,000 ALL (65.80 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 2.74 times more for Childcare and kids clothing.
Indicators | South Korea | Albania |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 5,000 ALL (47 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 8,000 ALL (75.20 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 10,000 ALL (94 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 15,000 ALL (141 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 30,000 ALL (282 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 40,000 ALL (376 USD) |
After School Activities | 100,000 KRW (75 USD) | 2,000 ALL (18.80 USD) |
Special Education Services | 300,000 KRW (225 USD) | 8,000 ALL (75.20 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 1,500 ALL (14.10 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 1,000 ALL (9.40 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 1,500 ALL (14.10 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 5.87 times more for school and education.
Indicators | South Korea | Albania |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 400 ALL (3.76 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 700 ALL (6.58 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 1,000 ALL (9.40 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 600 ALL (5.64 USD) |
Gym Membership | 80,000 KRW (60 USD) | 2,500 ALL (23.50 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 1,000 ALL (9.40 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 200 ALL (1.88 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 300 ALL (2.82 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 500 ALL (4.70 USD) |
Bowling | 10,000 KRW (7.50 USD) | 400 ALL (3.76 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 300 ALL (2.82 USD) |
Video Games | 30,000 KRW (22.50 USD) | 5,000 ALL (47 USD) |
Streaming Services | 20,000 KRW (15 USD) | 800 ALL (7.52 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 2,000 ALL (18.80 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 10,000 ALL (94 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 1.68 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Albania |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 3,000 ALL (28.20 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 1,000 ALL (9.40 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 1,500 ALL (14.10 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 1,500 ALL (14.10 USD) |
Music Lessons | 40,000 KRW (30 USD) | 2,000 ALL (18.80 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 2,000 ALL (18.80 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 700 ALL (6.58 USD) |
Educational Software | 100,000 KRW (75 USD) | 2,000 ALL (18.80 USD) |
If you lived in South Korea, instead of Albania, you would have to pay 3.35 times more for Private Classes.
Indicators | South Korea | Albania |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 60,000 ALL (564 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 50,000 ALL (470 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 1,000 ALL per hour (9.40 USD) |
Average Bonus | 500,000 KRW (375 USD) | 5,000 ALL (47 USD) |
Income Tax Rate | 0 to 10 % | 0 to 23 % |
Social Security Contributions | 5 % | 12.8 % |
Pension Contributions | 5 % | 6.8 % |
Cost of Living Index | 60 | 40 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 500,000 ALL (4,700 USD) |
If you lived in South Korea, you would earn 1.10 times more salary as compared to Albania.
Indicators | South Korea | Albania |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 3,000 ALL (28.20 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 2,500 ALL (23.50 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 3,500 ALL (32.90 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 2,000 ALL (18.80 USD) |
Professional Services cost 2.25 times more in South Korea, as compared to Albania.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Albania.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
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