Published: Monday, 21th October 2024
The cost of living in South Korea is 2.75 times more expensive as compared to Bangladesh.
On this page, you will find side-by-side cost comparison between South Korea and Bangladesh. 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 Bangladesh.
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Indicators | South Korea | Bangladesh |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 16,000 BDT (145.60 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 25,000 BDT (227.50 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 35,000 BDT (318.50 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 10,000 BDT (91 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 18,000 BDT (163.80 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 25,000 BDT (227.50 USD) |
Mortgage Rates Per Month | 3 % | 7.5 % |
Realtor Commission | 1 % | 2 % |
Property Taxes | 0.15 to 0.5 % | 7.0 to 12.0 % |
The average housing cost in South Korea is 4.99 times more expensive than Bangladesh.
Indicators | South Korea | Bangladesh |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 50,000 BDT (455 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 3,500 BDT (31.85 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 1,500 BDT (13.65 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 2,000 BDT (18.20 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 500 BDT (4.55 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 212.47% more for Utilities.
The basic home furnishing in South Korea costs 3.30 times more compared to Bangladesh.
Indicators | South Korea | Bangladesh |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 1,200 BDT (10.92 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 700 BDT (6.37 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 500 BDT (4.55 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 600 BDT (5.46 USD) |
The internet and communication costs 147.25% more in South Korea compared to Bangladesh.
Indicators | South Korea | Bangladesh |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 60 BDT (0.55 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 70 BDT (0.64 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 15 BDT (0.14 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 40 BDT (0.36 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 120 BDT (1.09 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 700 BDT (6.37 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 250 BDT (2.27 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 2.91 times more expensive than the cost in Bangladesh.
If you lived in South Korea, instead of Bangladesh, you would have to pay 100.30% more for Groceries.
Indicators | South Korea | Bangladesh |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 200 BDT (1.82 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 60 BDT (0.55 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 150 BDT (1.36 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 70 BDT (0.64 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 40 BDT (0.36 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 60 BDT (0.55 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 50 BDT (0.46 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 90 BDT (0.82 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 3.66 times more for Fruits and Vegetables.
Indicators | South Korea | Bangladesh |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 250 BDT (2.27 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 1,500 BDT (13.65 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 350 BDT (3.19 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 150 BDT (1.36 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 30 BDT (0.27 USD) |
Pizza for One | 20,000 KRW (15 USD) | 600 BDT (5.46 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 500 BDT (4.55 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 120 BDT (1.09 USD) |
Dining-Out costs 167.27% more in South Korea compared to Bangladesh.
Indicators | South Korea | Bangladesh |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 1,500 BDT (13.65 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 200 BDT (1.82 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 150 BDT (1.36 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 300 BDT (2.73 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 500 BDT (4.55 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 1,000 BDT (9.10 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 2.08 times more for usual hard drinks.
Indicators | South Korea | Bangladesh |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 2,000 BDT (18.20 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 20 BDT (0.18 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | 500 BDT (4.55 USD) |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 10,000 BDT (91 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 100 BDT (0.91 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 30 BDT (0.27 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 3,500 BDT (31.85 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 50 BDT (0.46 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 20 BDT (0.18 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 2.08 times more for transportation.
Indicators | South Korea | Bangladesh |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 1,500,000 BDT (13,650 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 15,000 BDT (136.50 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 5,000 BDT (45.50 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 20,000 BDT (182 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 5,000 BDT (45.50 USD) |
Car Loan Interest Rates | 4 % | 10 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 120 BDT (1.09 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 454.61 BDT (4.14 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | 200 BDT 1.82 USD |
You would have to pay 1.65 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Bangladesh.
Indicators | South Korea | Bangladesh |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 1,000 BDT (9.10 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 2,000 BDT (18.20 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 1,500 BDT (13.65 USD) |
Eye Exam | 60,000 KRW (45 USD) | 500 BDT (4.55 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 1,500 BDT (13.65 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 1,000 BDT (9.10 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 2,000 BDT (18.20 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 3,000 BDT (27.30 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 10,000 BDT (91 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 500 BDT (4.55 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 300 BDT (2.73 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 100 BDT (0.91 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 5,000 BDT (45.50 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 1,000 BDT (9.10 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 3.36 times more for Health and Medical Treatment.
Indicators | South Korea | Bangladesh |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 5,000 BDT (45.50 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 2,000 BDT (18.20 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 800 BDT (7.28 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 2,000 BDT (18.20 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 1,000 BDT (9.10 USD) |
Haircuts | 20,000 KRW (15 USD) | 250 BDT (2.27 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 500 BDT (4.55 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 300 BDT (2.73 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 100 BDT (0.91 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 7.28 times more for Personal Care Items and Treatment.
Indicators | South Korea | Bangladesh |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 5,000 BDT (45.50 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 1,000 BDT (9.10 USD) |
Women's Dress | 80,000 KRW (60 USD) | 2,000 BDT (18.20 USD) |
Summer Dress | 40,000 KRW (30 USD) | 1,000 BDT (9.10 USD) |
Men's Suit | 500,000 KRW (375 USD) | 5,000 BDT (45.50 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 2,000 BDT (18.20 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 1,500 BDT (13.65 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 4,000 BDT (36.40 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 3,500 BDT (31.85 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 3,000 BDT (27.30 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 2,500 BDT (22.75 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 300 BDT (2.73 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 250 BDT (2.27 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 100 BDT (0.91 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 80 BDT (0.73 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 3,500 BDT (31.85 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 1,500 BDT (13.65 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 3.21 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Bangladesh |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 800 BDT (7.28 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 1,200 BDT (10.92 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 2,000 BDT (18.20 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 5,000 BDT (45.50 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 4,000 BDT (36.40 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 2,500 BDT (22.75 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 4,000 BDT (36.40 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 2,000 BDT (18.20 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 5,000 BDT (45.50 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 4.76 times more for Childcare and kids clothing.
Indicators | South Korea | Bangladesh |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 3,500 BDT (31.85 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 2,000 BDT (18.20 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 2,500 BDT (22.75 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 5,000 BDT (45.50 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 10,000 BDT (91 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 25,000 BDT (227.50 USD) |
After School Activities | 100,000 KRW (75 USD) | 1,500 BDT (13.65 USD) |
Special Education Services | 300,000 KRW (225 USD) | 3,500 BDT (31.85 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 2,000 BDT (18.20 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 1,000 BDT (9.10 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 500 BDT (4.55 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 13.10 times more for school and education.
Indicators | South Korea | Bangladesh |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 300 BDT (2.73 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 1,000 BDT (9.10 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 1,500 BDT (13.65 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 800 BDT (7.28 USD) |
Gym Membership | 80,000 KRW (60 USD) | 2,000 BDT (18.20 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 1,500 BDT (13.65 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 200 BDT (1.82 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 150 BDT (1.36 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 500 BDT (4.55 USD) |
Bowling | 10,000 KRW (7.50 USD) | 400 BDT (3.64 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 300 BDT (2.73 USD) |
Video Games | 30,000 KRW (22.50 USD) | 3,500 BDT (31.85 USD) |
Streaming Services | 20,000 KRW (15 USD) | 800 BDT (7.28 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 1,000 BDT (9.10 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 3,000 BDT (27.30 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 2.64 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Bangladesh |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 2,500 BDT (22.75 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 1,000 BDT (9.10 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 1,000 BDT (9.10 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 1,000 BDT (9.10 USD) |
Music Lessons | 40,000 KRW (30 USD) | 1,500 BDT (13.65 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 1,200 BDT (10.92 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 400 BDT (3.64 USD) |
Educational Software | 100,000 KRW (75 USD) | 1,500 BDT (13.65 USD) |
If you lived in South Korea, instead of Bangladesh, you would have to pay 4.69 times more for Private Classes.
Indicators | South Korea | Bangladesh |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 25,000 BDT (227.50 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 20,000 BDT (182 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 266.67 BDT per hour (2.43 USD) |
Average Bonus | 500,000 KRW (375 USD) | 15,000 BDT (136.50 USD) |
Income Tax Rate | 0 to 10 % | 0 to 15 % |
Social Security Contributions | 5 % | 5 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 60 | 30 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 15,000 BDT (136.50 USD) |
If you lived in South Korea, you would earn 9.29 times more salary as compared to Bangladesh.
Indicators | South Korea | Bangladesh |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 5,000 BDT (45.50 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 3,000 BDT (27.30 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 2,000 BDT (18.20 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 1,500 BDT (13.65 USD) |
Professional Services cost 2.22 times more in South Korea, as compared to Bangladesh.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Bangladesh.
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