Published: Monday, 21th October 2024
The cost of living in South Korea is 1.75 times more expensive as compared to Namibia.
On this page, you will find side-by-side cost comparison between South Korea and Namibia. 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 Namibia.
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Indicators | South Korea | Namibia |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 7,500 NAD (397.50 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 11,000 NAD (583 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 15,000 NAD (795 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 4,500 NAD (238.50 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 7,500 NAD (397.50 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 10,000 NAD (530 USD) |
Mortgage Rates Per Month | 3 % | 1.9 % |
Realtor Commission | 1 % | 2.5 % |
Property Taxes | 0.15 to 0.5 % | Yet to Update |
The average housing cost in South Korea is 1.97 times more expensive than Namibia.
Indicators | South Korea | Namibia |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 30,000 NAD (1,590 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 600 NAD (31.80 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 300 NAD (15.90 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 300 NAD (15.90 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 300 NAD (15.90 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 2.07% less for Utilities.
The basic home furnishing in South Korea costs 1.06 times less compared to Namibia.
Indicators | South Korea | Namibia |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 600 NAD (31.80 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 300 NAD (15.90 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 200 NAD (10.60 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 500 NAD (26.50 USD) |
The internet and communication costs 20.40% less in South Korea compared to Namibia.
Indicators | South Korea | Namibia |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 30 NAD (1.59 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 20 NAD (1.06 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 10 NAD (0.53 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 15 NAD (0.79 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 35 NAD (1.85 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 80 NAD (4.24 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 75 NAD (3.98 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.42 times more expensive than the cost in Namibia.
If you lived in South Korea, instead of Namibia, you would have to pay 62.87% more for Groceries.
Indicators | South Korea | Namibia |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 40 NAD (2.12 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 25 NAD (1.32 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 30 NAD (1.59 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 25 NAD (1.32 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 20 NAD (1.06 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 30 NAD (1.59 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 25 NAD (1.32 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 40 NAD (2.12 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.93 times more for Fruits and Vegetables.
Indicators | South Korea | Namibia |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 150 NAD (7.95 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 350 NAD (18.55 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 80 NAD (4.24 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 25 NAD (1.32 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 15 NAD (0.79 USD) |
Pizza for One | 20,000 KRW (15 USD) | 120 NAD (6.36 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 150 NAD (7.95 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 40 NAD (2.12 USD) |
Dining-Out costs 72.70% more in South Korea compared to Namibia.
Indicators | South Korea | Namibia |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 150 NAD (7.95 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 60 NAD (3.18 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 20 NAD (1.06 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 30 NAD (1.59 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 120 NAD (6.36 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 250 NAD (13.25 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 2.07 times more for usual hard drinks.
Indicators | South Korea | Namibia |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 500 NAD (26.50 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 10 NAD (0.53 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | Yet to Update () |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 20 NAD (1.06 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 10 NAD (0.53 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 300 NAD (15.90 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 10 NAD (0.53 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 5 NAD (0.27 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 6.78 times more for transportation.
Indicators | South Korea | Namibia |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 200,000 NAD (10,600 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 1,500 NAD (79.50 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 600 NAD (31.80 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 1,000 NAD (53 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 800 NAD (42.40 USD) |
Car Loan Interest Rates | 4 % | 8 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 20 NAD (1.06 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 75 NAD (3.98 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | Yet to Update |
You would have to pay 2.14 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Namibia.
Indicators | South Korea | Namibia |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 500 NAD (26.50 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 1,000 NAD (53 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 600 NAD (31.80 USD) |
Eye Exam | 60,000 KRW (45 USD) | 300 NAD (15.90 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 700 NAD (37.10 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 300 NAD (15.90 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 500 NAD (26.50 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 2,000 NAD (106 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 1,000 NAD (53 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 150 NAD (7.95 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 200 NAD (10.60 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 150 NAD (7.95 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 1,500 NAD (79.50 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 500 NAD (26.50 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.81 times more for Health and Medical Treatment.
Indicators | South Korea | Namibia |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 2,000 NAD (106 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 800 NAD (42.40 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 300 NAD (15.90 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 400 NAD (21.20 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 300 NAD (15.90 USD) |
Haircuts | 20,000 KRW (15 USD) | 150 NAD (7.95 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 800 NAD (42.40 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 50 NAD (2.65 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 25 NAD (1.32 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 3.10 times more for Personal Care Items and Treatment.
Indicators | South Korea | Namibia |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 1,500 NAD (79.50 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 400 NAD (21.20 USD) |
Women's Dress | 80,000 KRW (60 USD) | 1,200 NAD (63.60 USD) |
Summer Dress | 40,000 KRW (30 USD) | 800 NAD (42.40 USD) |
Men's Suit | 500,000 KRW (375 USD) | 3,000 NAD (159 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 800 NAD (42.40 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 800 NAD (42.40 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 800 NAD (42.40 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 800 NAD (42.40 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 600 NAD (31.80 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 600 NAD (31.80 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 150 NAD (7.95 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 200 NAD (10.60 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 50 NAD (2.65 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 50 NAD (2.65 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 1,200 NAD (63.60 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 600 NAD (31.80 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.47 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Namibia |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 400 NAD (21.20 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 600 NAD (31.80 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 800 NAD (42.40 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 3,000 NAD (159 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 2,500 NAD (132.50 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 200 NAD (10.60 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 2,000 NAD (106 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 500 NAD (26.50 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 2,000 NAD (106 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.80 times more for Childcare and kids clothing.
Indicators | South Korea | Namibia |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 5,000 NAD (265 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 12,000 NAD (636 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 15,000 NAD (795 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 20,000 NAD (1,060 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 40,000 NAD (2,120 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 60,000 NAD (3,180 USD) |
After School Activities | 100,000 KRW (75 USD) | 500 NAD (26.50 USD) |
Special Education Services | 300,000 KRW (225 USD) | 5,000 NAD (265 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 300 NAD (15.90 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 1,000 NAD (53 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 500 NAD (26.50 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.25 times less for school and education.
Indicators | South Korea | Namibia |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 120 NAD (6.36 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 200 NAD (10.60 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 300 NAD (15.90 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 200 NAD (10.60 USD) |
Gym Membership | 80,000 KRW (60 USD) | 500 NAD (26.50 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 400 NAD (21.20 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 100 NAD (5.30 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 150 NAD (7.95 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 200 NAD (10.60 USD) |
Bowling | 10,000 KRW (7.50 USD) | 150 NAD (7.95 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 150 NAD (7.95 USD) |
Video Games | 30,000 KRW (22.50 USD) | 500 NAD (26.50 USD) |
Streaming Services | 20,000 KRW (15 USD) | 150 NAD (7.95 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 300 NAD (15.90 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 1,500 NAD (79.50 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.56 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Namibia |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 3,000 NAD (159 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 500 NAD (26.50 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 200 NAD (10.60 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 100 NAD (5.30 USD) |
Music Lessons | 40,000 KRW (30 USD) | 300 NAD (15.90 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 300 NAD (15.90 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 50 NAD (2.65 USD) |
Educational Software | 100,000 KRW (75 USD) | 500 NAD (26.50 USD) |
If you lived in South Korea, instead of Namibia, you would have to pay 1.64 times more for Private Classes.
Indicators | South Korea | Namibia |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 15,000 NAD (795 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 12,000 NAD (636 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 66.67 NAD per hour (3.53 USD) |
Average Bonus | 500,000 KRW (375 USD) | 2,000 NAD (106 USD) |
Income Tax Rate | 0 to 10 % | 0 to 15 % |
Social Security Contributions | 5 % | 10 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 60 | 50 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 14,000 NAD (742 USD) |
If you lived in South Korea, you would earn 2.79 times more salary as compared to Namibia.
Indicators | South Korea | Namibia |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 500 NAD (26.50 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 400 NAD (21.20 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 350 NAD (18.55 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 300 NAD (15.90 USD) |
Professional Services cost 2.83 times more in South Korea, as compared to Namibia.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Namibia.
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