Published: Monday, 21th October 2024
The cost of living in South Korea is 2.15 times less expensive as compared to Denmark.
On this page, you will find side-by-side cost comparison between South Korea and Denmark. 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 Denmark.
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Indicators | South Korea | Denmark |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 12,000 DKK (1,752 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 18,000 DKK (2,628 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 25,000 DKK (3,650 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 8,000 DKK (1,168 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 13,000 DKK (1,898 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 17,000 DKK (2,482 USD) |
Mortgage Rates Per Month | 3 % | 8 % |
Realtor Commission | 1 % | 6 % |
Property Taxes | 0.15 to 0.5 % | 1.0 to 3.4 % |
The average housing cost in South Korea is 2.34 times less expensive than Denmark.
Indicators | South Korea | Denmark |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 30,000 DKK (4,380 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 1,200 DKK (175.20 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 1,500 DKK (219 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 700 DKK (102.20 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 300 DKK (43.80 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 66.77% less for Utilities.
The basic home furnishing in South Korea costs 2.92 times less compared to Denmark.
Indicators | South Korea | Denmark |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 400 DKK (58.40 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 300 DKK (43.80 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 200 DKK (29.20 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 500 DKK (73 USD) |
The internet and communication costs 66.98% less in South Korea compared to Denmark.
Indicators | South Korea | Denmark |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 30 DKK (4.38 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 10 DKK (1.46 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 5 DKK (0.73 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 25 DKK (3.65 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 30 DKK (4.38 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 100 DKK (14.60 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 120 DKK (17.52 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.03 times more expensive than the cost in Denmark.
If you lived in South Korea, instead of Denmark, you would have to pay 51.04% less for Groceries.
Indicators | South Korea | Denmark |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 20 DKK (2.92 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 15 DKK (2.19 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 20 DKK (2.92 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 25 DKK (3.65 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 15 DKK (2.19 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 25 DKK (3.65 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 20 DKK (2.92 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 30 DKK (4.38 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 1.03 times less for Fruits and Vegetables.
Indicators | South Korea | Denmark |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 150 DKK (21.90 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 600 DKK (87.60 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 80 DKK (11.68 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 30 DKK (4.38 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 20 DKK (2.92 USD) |
Pizza for One | 20,000 KRW (15 USD) | 200 DKK (29.20 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 150 DKK (21.90 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 50 DKK (7.30 USD) |
Dining-Out costs 54.45% less in South Korea compared to Denmark.
Indicators | South Korea | Denmark |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 150 DKK (21.90 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 70 DKK (10.22 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 30 DKK (4.38 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 40 DKK (5.84 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 300 DKK (43.80 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 500 DKK (73 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 2.31 times less for usual hard drinks.
Indicators | South Korea | Denmark |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 500 DKK (73 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 30 DKK (4.38 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | 200 DKK (29.20 USD) |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 2,200 DKK (321.20 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 50 DKK (7.30 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 20 DKK (2.92 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 600 DKK (87.60 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 30 DKK (4.38 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 15 DKK (2.19 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 1.73 times less for transportation.
Indicators | South Korea | Denmark |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 250,000 DKK (36,500 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 1,000 DKK (146 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 1,000 DKK (146 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 2,500 DKK (365 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 4,000 DKK (584 USD) |
Car Loan Interest Rates | 4 % | 4.5 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 15 DKK (2.19 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 56 DKK (8.18 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | 245 DKK 35.77 USD |
You would have to pay 1.63 times less for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Denmark.
Indicators | South Korea | Denmark |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 300 DKK (43.80 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 600 DKK (87.60 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 500 DKK (73 USD) |
Eye Exam | 60,000 KRW (45 USD) | 300 DKK (43.80 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 600 DKK (87.60 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 1,000 DKK (146 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 800 DKK (116.80 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 1,500 DKK (219 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 3,500 DKK (511 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 200 DKK (29.20 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 150 DKK (21.90 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 100 DKK (14.60 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 1,000 DKK (146 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 2,000 DKK (292 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 2.04 times less for Health and Medical Treatment.
Indicators | South Korea | Denmark |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 200 DKK (29.20 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 1,200 DKK (175.20 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 700 DKK (102.20 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 1,500 DKK (219 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 600 DKK (87.60 USD) |
Haircuts | 20,000 KRW (15 USD) | 300 DKK (43.80 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 1,000 DKK (146 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 60 DKK (8.76 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 25 DKK (3.65 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 1.03 times less for Personal Care Items and Treatment.
Indicators | South Korea | Denmark |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 1,200 DKK (175.20 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 500 DKK (73 USD) |
Women's Dress | 80,000 KRW (60 USD) | 1,000 DKK (146 USD) |
Summer Dress | 40,000 KRW (30 USD) | 800 DKK (116.80 USD) |
Men's Suit | 500,000 KRW (375 USD) | 3,500 DKK (511 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 800 DKK (116.80 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 800 DKK (116.80 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 1,200 DKK (175.20 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 1,200 DKK (175.20 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 900 DKK (131.40 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 900 DKK (131.40 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 150 DKK (21.90 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 150 DKK (21.90 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 50 DKK (7.30 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 50 DKK (7.30 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 2,000 DKK (292 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 800 DKK (116.80 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 2.21 times less for Clothing and Footwear for Adults.
Indicators | South Korea | Denmark |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 500 DKK (73 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 700 DKK (102.20 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 1,000 DKK (146 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 10,000 DKK (1,460 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 8,000 DKK (1,168 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 400 DKK (58.40 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 5,000 DKK (730 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 1,500 DKK (219 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 3,000 DKK (438 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 3.83 times less for Childcare and kids clothing.
Indicators | South Korea | Denmark |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 8,000 DKK (1,168 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 10,000 DKK (1,460 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 12,000 DKK (1,752 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 20,000 DKK (2,920 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 20,000 DKK (2,920 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 40,000 DKK (5,840 USD) |
After School Activities | 100,000 KRW (75 USD) | 1,500 DKK (219 USD) |
Special Education Services | 300,000 KRW (225 USD) | 2,500 DKK (365 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 600 DKK (87.60 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 800 DKK (116.80 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 400 DKK (58.40 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 2.51 times less for school and education.
Indicators | South Korea | Denmark |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 120 DKK (17.52 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 300 DKK (43.80 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 400 DKK (58.40 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 350 DKK (51.10 USD) |
Gym Membership | 80,000 KRW (60 USD) | 700 DKK (102.20 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 200 DKK (29.20 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 100 DKK (14.60 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 150 DKK (21.90 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 300 DKK (43.80 USD) |
Bowling | 10,000 KRW (7.50 USD) | 150 DKK (21.90 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 100 DKK (14.60 USD) |
Video Games | 30,000 KRW (22.50 USD) | 800 DKK (116.80 USD) |
Streaming Services | 20,000 KRW (15 USD) | 100 DKK (14.60 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 200 DKK (29.20 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 3,000 DKK (438 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 2.50 times less for entertainment, recreation and fun activities.
Indicators | South Korea | Denmark |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 1,500 DKK (219 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 1,200 DKK (175.20 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 400 DKK (58.40 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 250 DKK (36.50 USD) |
Music Lessons | 40,000 KRW (30 USD) | 500 DKK (73 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 500 DKK (73 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 150 DKK (21.90 USD) |
Educational Software | 100,000 KRW (75 USD) | 800 DKK (116.80 USD) |
If you lived in South Korea, instead of Denmark, you would have to pay 1.79 times less for Private Classes.
Indicators | South Korea | Denmark |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 45,000 DKK (6,570 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 33,000 DKK (4,818 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 766.67 DKK per hour (111.93 USD) |
Average Bonus | 500,000 KRW (375 USD) | 15,000 DKK (2,190 USD) |
Income Tax Rate | 0 to 10 % | 0 to 25 % |
Social Security Contributions | 5 % | 8 % |
Pension Contributions | 5 % | 12 % |
Cost of Living Index | 60 | 70 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 45,000 DKK (6,570 USD) |
If you lived in South Korea, you would earn 3.18 times less salary as compared to Denmark.
Indicators | South Korea | Denmark |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 1,800 DKK (262.80 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 1,500 DKK (219 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 1,200 DKK (175.20 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 1,500 DKK (219 USD) |
Professional Services cost 3.77 times less in South Korea, as compared to Denmark.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Denmark.
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