Published: Monday, 21th October 2024
The cost of living in South Korea is 3.57 times more expensive as compared to Guyana.
On this page, you will find side-by-side cost comparison between South Korea and Guyana. 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 Guyana.
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Indicators | South Korea | Guyana |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 60,000 GYD (288 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 80,000 GYD (384 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 120,000 GYD (576 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 30,000 GYD (144 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 40,000 GYD (192 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 60,000 GYD (288 USD) |
Mortgage Rates Per Month | 3 % | 8 % |
Realtor Commission | 1 % | 3 % |
Property Taxes | 0.15 to 0.5 % | Yet to Update |
The average housing cost in South Korea is 3.01 times more expensive than Guyana.
Indicators | South Korea | Guyana |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 300,000 GYD (1,440 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 10,000 GYD (48 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 5,000 GYD (24 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 4,000 GYD (19.20 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 3,000 GYD (14.40 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 5.78% more for Utilities.
The basic home furnishing in South Korea costs 1.04 times more compared to Guyana.
Indicators | South Korea | Guyana |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 3,000 GYD (14.40 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 1,000 GYD (4.80 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 1,000 GYD (4.80 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 2,000 GYD (9.60 USD) |
The internet and communication costs 100.89% more in South Korea compared to Guyana.
Indicators | South Korea | Guyana |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 350 GYD (1.68 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 250 GYD (1.20 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 70 GYD (0.34 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 200 GYD (0.96 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 300 GYD (1.44 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 600 GYD (2.88 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 400 GYD (1.92 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.46 times more expensive than the cost in Guyana.
If you lived in South Korea, instead of Guyana, you would have to pay 119.61% more for Groceries.
Indicators | South Korea | Guyana |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 350 GYD (1.68 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 200 GYD (0.96 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 300 GYD (1.44 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 250 GYD (1.20 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 200 GYD (0.96 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 300 GYD (1.44 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 200 GYD (0.96 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 350 GYD (1.68 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 2.33 times more for Fruits and Vegetables.
Indicators | South Korea | Guyana |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 1,500 GYD (7.20 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 3,500 GYD (16.80 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 800 GYD (3.84 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 400 GYD (1.92 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 200 GYD (0.96 USD) |
Pizza for One | 20,000 KRW (15 USD) | 1,500 GYD (7.20 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 1,000 GYD (4.80 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 300 GYD (1.44 USD) |
Dining-Out costs 92.76% more in South Korea compared to Guyana.
Indicators | South Korea | Guyana |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 1,000 GYD (4.80 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 500 GYD (2.40 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 250 GYD (1.20 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 350 GYD (1.68 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 600 GYD (2.88 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 800 GYD (3.84 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 4.11 times more for usual hard drinks.
Indicators | South Korea | Guyana |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 6,000 GYD (28.80 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 400 GYD (1.92 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 15,000 GYD (72 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 500 GYD (2.40 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 150 GYD (0.72 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 4,000 GYD (19.20 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 500 GYD (2.40 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 250 GYD (1.20 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 2.39 times more for transportation.
Indicators | South Korea | Guyana |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 1,000,000 GYD (4,800 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 5,000 GYD (24 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 2,000 GYD (9.60 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 60,000 GYD (288 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 15,000 GYD (72 USD) |
Car Loan Interest Rates | 4 % | 10 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 200 GYD (0.96 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 760 GYD (3.65 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | 500 GYD 2.40 USD |
You would have to pay 4.46 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Guyana.
Indicators | South Korea | Guyana |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 1,500 GYD (7.20 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 2,000 GYD (9.60 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 1,000 GYD (4.80 USD) |
Eye Exam | 60,000 KRW (45 USD) | 500 GYD (2.40 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 1,500 GYD (7.20 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 800 GYD (3.84 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 1,000 GYD (4.80 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 2,000 GYD (9.60 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 3,000 GYD (14.40 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 500 GYD (2.40 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 300 GYD (1.44 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 200 GYD (0.96 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 10,000 GYD (48 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 2,000 GYD (9.60 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 7.13 times more for Health and Medical Treatment.
Indicators | South Korea | Guyana |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 2,000 GYD (9.60 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 500 GYD (2.40 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 200 GYD (0.96 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 1,000 GYD (4.80 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 500 GYD (2.40 USD) |
Haircuts | 20,000 KRW (15 USD) | 500 GYD (2.40 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 1,000 GYD (4.80 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 200 GYD (0.96 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 100 GYD (0.48 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 27.50 times more for Personal Care Items and Treatment.
Indicators | South Korea | Guyana |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 5,000 GYD (24 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 2,000 GYD (9.60 USD) |
Women's Dress | 80,000 KRW (60 USD) | 2,000 GYD (9.60 USD) |
Summer Dress | 40,000 KRW (30 USD) | 1,500 GYD (7.20 USD) |
Men's Suit | 500,000 KRW (375 USD) | 8,000 GYD (38.40 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 2,500 GYD (12 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 1,500 GYD (7.20 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 2,000 GYD (9.60 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 1,500 GYD (7.20 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 1,500 GYD (7.20 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 1,000 GYD (4.80 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 500 GYD (2.40 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 600 GYD (2.88 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 200 GYD (0.96 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 250 GYD (1.20 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 3,000 GYD (14.40 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 1,000 GYD (4.80 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 6.47 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Guyana |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 800 GYD (3.84 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 1,000 GYD (4.80 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 1,500 GYD (7.20 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 30,000 GYD (144 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 20,000 GYD (96 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 1,000 GYD (4.80 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 20,000 GYD (96 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 5,000 GYD (24 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 10,000 GYD (48 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 2.68 times more for Childcare and kids clothing.
Indicators | South Korea | Guyana |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 15,000 GYD (72 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 30,000 GYD (144 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 45,000 GYD (216 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 80,000 GYD (384 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 150,000 GYD (720 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 200,000 GYD (960 USD) |
After School Activities | 100,000 KRW (75 USD) | 5,000 GYD (24 USD) |
Special Education Services | 300,000 KRW (225 USD) | 10,000 GYD (48 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 1,000 GYD (4.80 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 1,000 GYD (4.80 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 800 GYD (3.84 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 2.61 times more for school and education.
Indicators | South Korea | Guyana |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 500 GYD (2.40 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 1,000 GYD (4.80 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 1,500 GYD (7.20 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 1,200 GYD (5.76 USD) |
Gym Membership | 80,000 KRW (60 USD) | 2,000 GYD (9.60 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 500 GYD (2.40 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 300 GYD (1.44 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 400 GYD (1.92 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 600 GYD (2.88 USD) |
Bowling | 10,000 KRW (7.50 USD) | 400 GYD (1.92 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 400 GYD (1.92 USD) |
Video Games | 30,000 KRW (22.50 USD) | 1,200 GYD (5.76 USD) |
Streaming Services | 20,000 KRW (15 USD) | 800 GYD (3.84 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 500 GYD (2.40 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 10,000 GYD (48 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 3.98 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Guyana |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 5,000 GYD (24 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 2,000 GYD (9.60 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 800 GYD (3.84 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 500 GYD (2.40 USD) |
Music Lessons | 40,000 KRW (30 USD) | 1,000 GYD (4.80 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 1,000 GYD (4.80 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 300 GYD (1.44 USD) |
Educational Software | 100,000 KRW (75 USD) | 3,000 GYD (14.40 USD) |
If you lived in South Korea, instead of Guyana, you would have to pay 6.61 times more for Private Classes.
Indicators | South Korea | Guyana |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 120,000 GYD (576 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 90,000 GYD (432 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 1,000 GYD per hour (4.80 USD) |
Average Bonus | 500,000 KRW (375 USD) | 10,000 GYD (48 USD) |
Income Tax Rate | 0 to 10 % | 0 to 14 % |
Social Security Contributions | 5 % | 10 % |
Pension Contributions | 5 % | 8 % |
Cost of Living Index | 60 | 90 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 150,000 GYD (720 USD) |
If you lived in South Korea, you would earn 3.57 times more salary as compared to Guyana.
Indicators | South Korea | Guyana |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 2,000 GYD (9.60 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 1,500 GYD (7.20 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 1,200 GYD (5.76 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 1,000 GYD (4.80 USD) |
Professional Services cost 8.50 times more in South Korea, as compared to Guyana.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Guyana.
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