Published: Monday, 21th October 2024
The cost of living in South Korea is 1.56 times more expensive as compared to Jamaica.
On this page, you will find side-by-side cost comparison between South Korea and Jamaica. 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 Jamaica.
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Indicators | South Korea | Jamaica |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 110,000 JMD (704 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 180,000 JMD (1,152 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 250,000 JMD (1,600 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 60,000 JMD (384 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 90,000 JMD (576 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 130,000 JMD (832 USD) |
Mortgage Rates Per Month | 3 % | 8 % |
Realtor Commission | 1 % | 3 % |
Property Taxes | 0.15 to 0.5 % | 0.5 to 1.5 % |
The average housing cost in South Korea is 1.08 times more expensive than Jamaica.
Indicators | South Korea | Jamaica |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 250,000 JMD (1,600 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 7,000 JMD (44.80 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 3,000 JMD (19.20 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 6,000 JMD (38.40 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 2,500 JMD (16 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 4.85% less for Utilities.
The basic home furnishing in South Korea costs 1.07 times less compared to Jamaica.
Indicators | South Korea | Jamaica |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 5,000 JMD (32 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 3,000 JMD (19.20 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 1,500 JMD (9.60 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 4,000 JMD (25.60 USD) |
The internet and communication costs 21.88% less in South Korea compared to Jamaica.
Indicators | South Korea | Jamaica |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 350 JMD (2.24 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 250 JMD (1.60 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 70 JMD (0.45 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 150 JMD (0.96 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 300 JMD (1.92 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 800 JMD (5.12 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 1,200 JMD (7.68 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.10 times more expensive than the cost in Jamaica.
If you lived in South Korea, instead of Jamaica, you would have to pay 14.56% more for Groceries.
Indicators | South Korea | Jamaica |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 500 JMD (3.20 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 200 JMD (1.28 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 300 JMD (1.92 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 250 JMD (1.60 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 200 JMD (1.28 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 350 JMD (2.24 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 250 JMD (1.60 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 400 JMD (2.56 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.53 times more for Fruits and Vegetables.
Indicators | South Korea | Jamaica |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 2,000 JMD (12.80 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 6,000 JMD (38.40 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 1,200 JMD (7.68 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 300 JMD (1.92 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 150 JMD (0.96 USD) |
Pizza for One | 20,000 KRW (15 USD) | 1,500 JMD (9.60 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 2,500 JMD (16 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 800 JMD (5.12 USD) |
Dining-Out costs 7.95% less in South Korea compared to Jamaica.
Indicators | South Korea | Jamaica |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 2,500 JMD (16 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 700 JMD (4.48 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 200 JMD (1.28 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 300 JMD (1.92 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 1,500 JMD (9.60 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 3,000 JMD (19.20 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.31 times more for usual hard drinks.
Indicators | South Korea | Jamaica |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 4,000 JMD (25.60 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 150 JMD (0.96 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 20,000 JMD (128 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 400 JMD (2.56 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 100 JMD (0.64 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 6,000 JMD (38.40 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 200 JMD (1.28 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 100 JMD (0.64 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.55 times more for transportation.
Indicators | South Korea | Jamaica |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 2,500,000 JMD (16,000 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 10,000 JMD (64 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 5,000 JMD (32 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 50,000 JMD (320 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 10,000 JMD (64 USD) |
Car Loan Interest Rates | 4 % | 10 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 200 JMD (1.28 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 750 JMD (4.80 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | 500 JMD 3.20 USD |
You would have to pay 1.41 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Jamaica.
Indicators | South Korea | Jamaica |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 3,000 JMD (19.20 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 5,000 JMD (32 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 4,000 JMD (25.60 USD) |
Eye Exam | 60,000 KRW (45 USD) | 2,000 JMD (12.80 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 3,500 JMD (22.40 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 2,000 JMD (12.80 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 2,500 JMD (16 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 10,000 JMD (64 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 8,000 JMD (51.20 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 1,000 JMD (6.40 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 1,500 JMD (9.60 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 500 JMD (3.20 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 50,000 JMD (320 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 10,000 JMD (64 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.37 times more for Health and Medical Treatment.
Indicators | South Korea | Jamaica |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 10,000 JMD (64 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 5,000 JMD (32 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 1,500 JMD (9.60 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 2,500 JMD (16 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 4,000 JMD (25.60 USD) |
Haircuts | 20,000 KRW (15 USD) | 1,000 JMD (6.40 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 3,000 JMD (19.20 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 300 JMD (1.92 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 200 JMD (1.28 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 4.50 times more for Personal Care Items and Treatment.
Indicators | South Korea | Jamaica |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 8,000 JMD (51.20 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 3,000 JMD (19.20 USD) |
Women's Dress | 80,000 KRW (60 USD) | 4,500 JMD (28.80 USD) |
Summer Dress | 40,000 KRW (30 USD) | 3,000 JMD (19.20 USD) |
Men's Suit | 500,000 KRW (375 USD) | 15,000 JMD (96 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 4,000 JMD (25.60 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 3,500 JMD (22.40 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 8,000 JMD (51.20 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 6,000 JMD (38.40 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 5,000 JMD (32 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 4,000 JMD (25.60 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 800 JMD (5.12 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 800 JMD (5.12 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 200 JMD (1.28 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 200 JMD (1.28 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 6,000 JMD (38.40 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 3,500 JMD (22.40 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 2.19 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Jamaica |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 2,500 JMD (16 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 3,000 JMD (19.20 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 4,000 JMD (25.60 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 30,000 JMD (192 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 25,000 JMD (160 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 1,500 JMD (9.60 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 15,000 JMD (96 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 3,000 JMD (19.20 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 10,000 JMD (64 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.91 times more for Childcare and kids clothing.
Indicators | South Korea | Jamaica |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 20,000 JMD (128 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 50,000 JMD (320 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 60,000 JMD (384 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 100,000 JMD (640 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 80,000 JMD (512 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 200,000 JMD (1,280 USD) |
After School Activities | 100,000 KRW (75 USD) | 5,000 JMD (32 USD) |
Special Education Services | 300,000 KRW (225 USD) | 7,000 JMD (44.80 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 2,000 JMD (12.80 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 5,000 JMD (32 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 2,000 JMD (12.80 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.98 times more for school and education.
Indicators | South Korea | Jamaica |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 1,200 JMD (7.68 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 2,000 JMD (12.80 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 3,000 JMD (19.20 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 2,500 JMD (16 USD) |
Gym Membership | 80,000 KRW (60 USD) | 2,500 JMD (16 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 1,500 JMD (9.60 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 1,000 JMD (6.40 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 1,200 JMD (7.68 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 2,000 JMD (12.80 USD) |
Bowling | 10,000 KRW (7.50 USD) | 1,000 JMD (6.40 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 800 JMD (5.12 USD) |
Video Games | 30,000 KRW (22.50 USD) | 4,000 JMD (25.60 USD) |
Streaming Services | 20,000 KRW (15 USD) | 1,500 JMD (9.60 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 1,500 JMD (9.60 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 10,000 JMD (64 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 1.78 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Jamaica |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 5,000 JMD (32 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 2,000 JMD (12.80 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 2,000 JMD (12.80 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 1,500 JMD (9.60 USD) |
Music Lessons | 40,000 KRW (30 USD) | 3,000 JMD (19.20 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 2,500 JMD (16 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 1,000 JMD (6.40 USD) |
Educational Software | 100,000 KRW (75 USD) | 3,000 JMD (19.20 USD) |
If you lived in South Korea, instead of Jamaica, you would have to pay 3.37 times more for Private Classes.
Indicators | South Korea | Jamaica |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 150,000 JMD (960 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 100,000 JMD (640 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 333.33 JMD per hour (2.13 USD) |
Average Bonus | 500,000 KRW (375 USD) | 10,000 JMD (64 USD) |
Income Tax Rate | 0 to 10 % | 0 to 15 % |
Social Security Contributions | 5 % | 8 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 60 | 50 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 200,000 JMD (1,280 USD) |
If you lived in South Korea, you would earn 2.16 times more salary as compared to Jamaica.
Indicators | South Korea | Jamaica |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 5,000 JMD (32 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 3,500 JMD (22.40 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 4,000 JMD (25.60 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 4,500 JMD (28.80 USD) |
Professional Services cost 2.14 times more in South Korea, as compared to Jamaica.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Jamaica.
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