Published: Monday, 21th October 2024
The cost of living in South Korea is 2.65 times more expensive as compared to Nepal.
On this page, you will find side-by-side cost comparison between South Korea and Nepal. 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 Nepal.
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Indicators | South Korea | Nepal |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 25,000 NPR (190 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 40,000 NPR (304 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 60,000 NPR (456 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 15,000 NPR (114 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 25,000 NPR (190 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 40,000 NPR (304 USD) |
Mortgage Rates Per Month | 3 % | 13 % |
Realtor Commission | 1 % | 1.5 % |
Property Taxes | 0.15 to 0.5 % | Yet to Update |
The average housing cost in South Korea is 3.77 times more expensive than Nepal.
Indicators | South Korea | Nepal |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 100,000 NPR (760 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 2,000 NPR (15.20 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 1,500 NPR (11.40 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 1,000 NPR (7.60 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 1,000 NPR (7.60 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 103.92% more for Utilities.
The basic home furnishing in South Korea costs 1.97 times more compared to Nepal.
Indicators | South Korea | Nepal |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 1,500 NPR (11.40 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 500 NPR (3.80 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 300 NPR (2.28 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 500 NPR (3.80 USD) |
The internet and communication costs 217.20% more in South Korea compared to Nepal.
Indicators | South Korea | Nepal |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 250 NPR (1.90 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 120 NPR (0.91 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 60 NPR (0.46 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 150 NPR (1.14 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 200 NPR (1.52 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 500 NPR (3.80 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 750 NPR (5.70 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.64 times more expensive than the cost in Nepal.
If you lived in South Korea, instead of Nepal, you would have to pay 48.27% more for Groceries.
Indicators | South Korea | Nepal |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 250 NPR (1.90 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 200 NPR (1.52 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 250 NPR (1.90 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 200 NPR (1.52 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 150 NPR (1.14 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 250 NPR (1.90 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 200 NPR (1.52 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 250 NPR (1.90 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 1.80 times more for Fruits and Vegetables.
Indicators | South Korea | Nepal |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 800 NPR (6.08 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 2,000 NPR (15.20 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 400 NPR (3.04 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 100 NPR (0.76 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 60 NPR (0.46 USD) |
Pizza for One | 20,000 KRW (15 USD) | 500 NPR (3.80 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 800 NPR (6.08 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 250 NPR (1.90 USD) |
Dining-Out costs 128.12% more in South Korea compared to Nepal.
Indicators | South Korea | Nepal |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 1,000 NPR (7.60 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 500 NPR (3.80 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 120 NPR (0.91 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 200 NPR (1.52 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 750 NPR (5.70 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 1,500 NPR (11.40 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 2.23 times more for usual hard drinks.
Indicators | South Korea | Nepal |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 1,000 NPR (7.60 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 30 NPR (0.23 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | 300 NPR (2.28 USD) |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 2,000 NPR (15.20 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 100 NPR (0.76 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 15 NPR (0.11 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 2,000 NPR (15.20 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 50 NPR (0.38 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 30 NPR (0.23 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 7.32 times more for transportation.
Indicators | South Korea | Nepal |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 1,000,000 NPR (7,600 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 5,000 NPR (38 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 1,500 NPR (11.40 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 5,000 NPR (38 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 2,000 NPR (15.20 USD) |
Car Loan Interest Rates | 4 % | 10 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 120 NPR (0.91 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 450 NPR (3.42 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | Yet to Update |
You would have to pay 3.01 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Nepal.
Indicators | South Korea | Nepal |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 1,000 NPR (7.60 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 2,000 NPR (15.20 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 1,500 NPR (11.40 USD) |
Eye Exam | 60,000 KRW (45 USD) | 500 NPR (3.80 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 1,500 NPR (11.40 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 1,000 NPR (7.60 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 1,000 NPR (7.60 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 10,000 NPR (76 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 3,000 NPR (22.80 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 500 NPR (3.80 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 300 NPR (2.28 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 200 NPR (1.52 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 5,000 NPR (38 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 2,000 NPR (15.20 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 4.01 times more for Health and Medical Treatment.
Indicators | South Korea | Nepal |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 2,000 NPR (15.20 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 1,000 NPR (7.60 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 500 NPR (3.80 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 1,000 NPR (7.60 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 800 NPR (6.08 USD) |
Haircuts | 20,000 KRW (15 USD) | 300 NPR (2.28 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 500 NPR (3.80 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 150 NPR (1.14 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 50 NPR (0.38 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 16.54 times more for Personal Care Items and Treatment.
Indicators | South Korea | Nepal |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 10,000 NPR (76 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 3,000 NPR (22.80 USD) |
Women's Dress | 80,000 KRW (60 USD) | 7,000 NPR (53.20 USD) |
Summer Dress | 40,000 KRW (30 USD) | 3,000 NPR (22.80 USD) |
Men's Suit | 500,000 KRW (375 USD) | 20,000 NPR (152 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 5,000 NPR (38 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 5,000 NPR (38 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 5,000 NPR (38 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 5,000 NPR (38 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 4,000 NPR (30.40 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 4,000 NPR (30.40 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 400 NPR (3.04 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 500 NPR (3.80 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 100 NPR (0.76 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 100 NPR (0.76 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 6,000 NPR (45.60 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 3,000 NPR (22.80 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 1.72 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Nepal |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 2,000 NPR (15.20 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 3,000 NPR (22.80 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 4,000 NPR (30.40 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 20,000 NPR (152 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 15,000 NPR (114 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 1,000 NPR (7.60 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 10,000 NPR (76 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 2,000 NPR (15.20 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 10,000 NPR (76 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 2.25 times more for Childcare and kids clothing.
Indicators | South Korea | Nepal |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 30,000 NPR (228 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 60,000 NPR (456 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 80,000 NPR (608 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 100,000 NPR (760 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 200,000 NPR (1,520 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 300,000 NPR (2,280 USD) |
After School Activities | 100,000 KRW (75 USD) | 4,000 NPR (30.40 USD) |
Special Education Services | 300,000 KRW (225 USD) | 30,000 NPR (228 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 2,000 NPR (15.20 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 6,000 NPR (45.60 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 2,000 NPR (15.20 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 1.09 times more for school and education.
Indicators | South Korea | Nepal |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 300 NPR (2.28 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 800 NPR (6.08 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 1,200 NPR (9.12 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 800 NPR (6.08 USD) |
Gym Membership | 80,000 KRW (60 USD) | 1,000 NPR (7.60 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 800 NPR (6.08 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 100 NPR (0.76 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 200 NPR (1.52 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 300 NPR (2.28 USD) |
Bowling | 10,000 KRW (7.50 USD) | 200 NPR (1.52 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 200 NPR (1.52 USD) |
Video Games | 30,000 KRW (22.50 USD) | 1,000 NPR (7.60 USD) |
Streaming Services | 20,000 KRW (15 USD) | 200 NPR (1.52 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 300 NPR (2.28 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 2,000 NPR (15.20 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 5.69 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Nepal |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 20,000 NPR (152 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 4,000 NPR (30.40 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 400 NPR (3.04 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 300 NPR (2.28 USD) |
Music Lessons | 40,000 KRW (30 USD) | 500 NPR (3.80 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 500 NPR (3.80 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 100 NPR (0.76 USD) |
Educational Software | 100,000 KRW (75 USD) | 5,000 NPR (38 USD) |
If you lived in South Korea, instead of Nepal, you would have to pay 1.84 times more for Private Classes.
Indicators | South Korea | Nepal |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 50,000 NPR (380 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 40,000 NPR (304 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 400 NPR per hour (3.04 USD) |
Average Bonus | 500,000 KRW (375 USD) | 10,000 NPR (76 USD) |
Income Tax Rate | 0 to 10 % | 0 to 13 % |
Social Security Contributions | 5 % | 10 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 60 | 60 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 40,000 NPR (304 USD) |
If you lived in South Korea, you would earn 5.96 times more salary as compared to Nepal.
Indicators | South Korea | Nepal |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 2,000 NPR (15.20 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 1,500 NPR (11.40 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 1,000 NPR (7.60 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 800 NPR (6.08 USD) |
Professional Services cost 5.77 times more in South Korea, as compared to Nepal.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Nepal.
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