Published: Monday, 21th October 2024
The cost of living in South Korea is 1.63 times more expensive as compared to Philippines.
On this page, you will find side-by-side cost comparison between South Korea and Philippines. 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 Philippines.
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Indicators | South Korea | Philippines |
---|---|---|
1 BHK Apartment in City Center | 800,000 KRW (600 USD) | 25,000 PHP (425 USD) |
2 BHK Apartment in City Center | 1,500,000 KRW (1,125 USD) | 45,000 PHP (765 USD) |
3 BHK Apartment in City Center | 2,500,000 KRW (1,875 USD) | 70,000 PHP (1,190 USD) |
1 BHK Apartment outside City Center | 500,000 KRW (375 USD) | 15,000 PHP (255 USD) |
2 BHK Apartment outside City Center | 1,000,000 KRW (750 USD) | 25,000 PHP (425 USD) |
3 BHK Apartment outside City Center | 1,500,000 KRW (1,125 USD) | 40,000 PHP (680 USD) |
Mortgage Rates Per Month | 3 % | 2 % |
Realtor Commission | 1 % | 5 % |
Property Taxes | 0.15 to 0.5 % | 0.5 to 2.0 % |
The average housing cost in South Korea is 1.55 times more expensive than Philippines.
Indicators | South Korea | Philippines |
---|---|---|
Basic Home Furnishing | 2,000,000 KRW (1,500 USD) | 60,000 PHP (1,020 USD) |
Electricity Cost Per Month | 50,000 KRW (37.50 USD) | 2,500 PHP (42.50 USD) |
Heating Cost Per Month | 70,000 KRW (52.50 USD) | 1,200 PHP (20.40 USD) |
Cooling Cost Per Month | 40,000 KRW (30 USD) | 1,500 PHP (25.50 USD) |
Water Supply Cost Per Month | 20,000 KRW (15 USD) | 800 PHP (13.60 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 45.72% more for Utilities.
The basic home furnishing in South Korea costs 1.47 times more compared to Philippines.
Indicators | South Korea | Philippines |
---|---|---|
Standard Wifi Cost Per Month | 30,000 KRW (22.50 USD) | 1,500 PHP (25.50 USD) |
Mobile Phone Basic Plan Cost Per Month | 30,000 KRW (22.50 USD) | 1,000 PHP (17 USD) |
Landline Basic Plan Cost Per Month | 10,000 KRW (7.50 USD) | 500 PHP (8.50 USD) |
Cable TV Basic Plan Cost Per Month | 20,000 KRW (15 USD) | 1,000 PHP (17 USD) |
The internet and communication costs 0.74% less in South Korea compared to Philippines.
Indicators | South Korea | Philippines |
---|---|---|
Long Grain Rice (1 KG) | 4,000 KRW (3 USD) | 60 PHP (1.02 USD) |
Milk (1 Liter) | 2,000 KRW (1.50 USD) | 80 PHP (1.36 USD) |
Water (1 Liter) | 1,000 KRW (0.75 USD) | 20 PHP (0.34 USD) |
Bread (500 gm) | 2,500 KRW (1.88 USD) | 50 PHP (0.85 USD) |
Eggs (1 Dozen) | 3,000 KRW (2.25 USD) | 120 PHP (2.04 USD) |
Cheese (1 KG) | 8,000 KRW (6 USD) | 250 PHP (4.25 USD) |
Chicken Breast (1 KG) | 10,000 KRW (7.50 USD) | 180 PHP (3.06 USD) |
In South Korea, the cost of 1 Liter Water and 1 Liter Milk is 1.32 times more expensive than the cost in Philippines.
If you lived in South Korea, instead of Philippines, you would have to pay 77.05% more for Groceries.
Indicators | South Korea | Philippines |
---|---|---|
Apples (1 KG) | 5,000 KRW (3.75 USD) | 150 PHP (2.55 USD) |
Bananas (1 KG) | 3,000 KRW (2.25 USD) | 70 PHP (1.19 USD) |
Oranges (1 KG) | 4,000 KRW (3 USD) | 100 PHP (1.70 USD) |
Tomatoes (1 KG) | 3,500 KRW (2.63 USD) | 60 PHP (1.02 USD) |
Potatoes (1 KG) | 2,500 KRW (1.88 USD) | 40 PHP (0.68 USD) |
Lemons (1 KG) | 5,000 KRW (3.75 USD) | 100 PHP (1.70 USD) |
Onions (1 KG) | 3,000 KRW (2.25 USD) | 80 PHP (1.36 USD) |
Lentils (1 KG) | 6,000 KRW (4.50 USD) | 90 PHP (1.53 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 2.05 times more for Fruits and Vegetables.
Indicators | South Korea | Philippines |
---|---|---|
Meal at a Resonable Restaurant | 12,000 KRW (9 USD) | 250 PHP (4.25 USD) |
Three-Course Meal for Two | 50,000 KRW (37.50 USD) | 800 PHP (13.60 USD) |
Fast Food Combo Meal | 8,000 KRW (6 USD) | 150 PHP (2.55 USD) |
Normal Coffee | 4,000 KRW (3 USD) | 100 PHP (1.70 USD) |
Soft Drink | 2,500 KRW (1.88 USD) | 60 PHP (1.02 USD) |
Pizza for One | 20,000 KRW (15 USD) | 500 PHP (8.50 USD) |
Take-Out Delivery Meal | 12,000 KRW (9 USD) | 250 PHP (4.25 USD) |
Cigarette Pack of 20 | 5,000 KRW (3.75 USD) | 200 PHP (3.40 USD) |
Dining-Out costs 116.77% more in South Korea compared to Philippines.
Indicators | South Korea | Philippines |
---|---|---|
Wine Mid-Range Bottle | 30,000 KRW (22.50 USD) | 800 PHP (13.60 USD) |
Glass of Wine | 10,000 KRW (7.50 USD) | 250 PHP (4.25 USD) |
Domestic Beer Half Liter | 3,000 KRW (2.25 USD) | 70 PHP (1.19 USD) |
Imported Beer Half Liter | 4,000 KRW (3 USD) | 120 PHP (2.04 USD) |
Domestic Alcohol 1 Liter | 15,000 KRW (11.25 USD) | 600 PHP (10.20 USD) |
Branded Alcohol 1 Liter | 30,000 KRW (22.50 USD) | 1,000 PHP (17 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 1.43 times more for usual hard drinks.
Indicators | South Korea | Philippines |
---|---|---|
Monthly Public Transportation Pass | 60,000 KRW (45 USD) | 1,500 PHP (25.50 USD) |
Single Public Transportation Ticket | 1,200 KRW (0.90 USD) | 20 PHP (0.34 USD) |
Single Train Ticket | 70,000 KRW (52.50 USD) | Yet to Update () |
Domestic Airplane Ticket | 200,000 KRW (150 USD) | 3,000 PHP (51 USD) |
Taxi Start Fare | 3,000 KRW (2.25 USD) | 50 PHP (0.85 USD) |
Taxi Rate Per Kilometer | 1,000 KRW (0.75 USD) | 10 PHP (0.17 USD) |
Car Rental Per Day | 70,000 KRW (52.50 USD) | 1,500 PHP (25.50 USD) |
Parking Fees in City Center Per Hour | 3,000 KRW (2.25 USD) | 50 PHP (0.85 USD) |
Parking Fees outside City Center Per Hour | 1,500 KRW (1.13 USD) | 20 PHP (0.34 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 2.94 times more for transportation.
Indicators | South Korea | Philippines |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 KRW (22,500 USD) | 800,000 PHP (13,600 USD) |
Vehicle Registration Cost | 200,000 KRW (150 USD) | 3,000 PHP (51 USD) |
Driving License Fees | 50,000 KRW (37.50 USD) | 2,000 PHP (34 USD) |
Car Insurance Cost | 500,000 KRW (375 USD) | 12,000 PHP (204 USD) |
Car Maintenance Cost | 150,000 KRW (112.50 USD) | 3,000 PHP (51 USD) |
Car Loan Interest Rates | 4 % | 8 % |
Fuel Per Liter | 1,500 KRW (1.13 USD) | 80 PHP (1.36 USD) |
Fuel Per Gallon | 6,000 KRW (4.50 USD) | 300 PHP (5.10 USD) |
Average Toll Fees | 5,000 KRW 3.75 USD | Yet to Update |
You would have to pay 1.66 times more for Vehicle purchase, daily operation and maintenance in South Korea compared to that of Philippines.
Indicators | South Korea | Philippines |
---|---|---|
Doctor Visit | 70,000 KRW (52.50 USD) | 1,000 PHP (17 USD) |
Specialist Visit | 150,000 KRW (112.50 USD) | 2,000 PHP (34 USD) |
Dentist Visit | 80,000 KRW (60 USD) | 1,500 PHP (25.50 USD) |
Eye Exam | 60,000 KRW (45 USD) | 800 PHP (13.60 USD) |
Mental Health Counseling | 100,000 KRW (75 USD) | 2,000 PHP (34 USD) |
Preventive Health Screening | 80,000 KRW (60 USD) | 800 PHP (13.60 USD) |
Physical Therapy | 70,000 KRW (52.50 USD) | 1,500 PHP (25.50 USD) |
Emergency Room Visit | 150,000 KRW (112.50 USD) | 8,000 PHP (136 USD) |
Hospital Stay Per Night | 200,000 KRW (150 USD) | 6,000 PHP (102 USD) |
Vaccinations | 30,000 KRW (22.50 USD) | 500 PHP (8.50 USD) |
Prescription Medication | 20,000 KRW (15 USD) | 400 PHP (6.80 USD) |
Over the Counter Medication | 10,000 KRW (7.50 USD) | 150 PHP (2.55 USD) |
Health Insurance Premiums | 150,000 KRW (112.50 USD) | 5,000 PHP (85 USD) |
Health Insurance Deductibles | 30,000 KRW (22.50 USD) | 2,000 PHP (34 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 1.67 times more for Health and Medical Treatment.
Indicators | South Korea | Philippines |
---|---|---|
Cosmetic Procedures | 500,000 KRW (375 USD) | 3,000 PHP (51 USD) |
Spa Treatment | 150,000 KRW (112.50 USD) | 2,000 PHP (34 USD) |
Manicure Pedicure Cost | 50,000 KRW (37.50 USD) | 500 PHP (8.50 USD) |
Optical Glasses Cost | 150,000 KRW (112.50 USD) | 1,500 PHP (25.50 USD) |
Contact Lenses Cost | 100,000 KRW (75 USD) | 1,200 PHP (20.40 USD) |
Haircuts | 20,000 KRW (15 USD) | 150 PHP (2.55 USD) |
Hair Coloring | 80,000 KRW (60 USD) | 500 PHP (8.50 USD) |
Shampoo Price | 4,000 KRW (3 USD) | 100 PHP (1.70 USD) |
Toothpaste Price | 2,000 KRW (1.50 USD) | 50 PHP (0.85 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 5.18 times more for Personal Care Items and Treatment.
Indicators | South Korea | Philippines |
---|---|---|
Pair of Nike Running Shoes | 100,000 KRW (75 USD) | 6,000 PHP (102 USD) |
Men's Shirt | 40,000 KRW (30 USD) | 1,200 PHP (20.40 USD) |
Women's Dress | 80,000 KRW (60 USD) | 1,500 PHP (25.50 USD) |
Summer Dress | 40,000 KRW (30 USD) | 1,200 PHP (20.40 USD) |
Men's Suit | 500,000 KRW (375 USD) | 8,000 PHP (136 USD) |
Men's Jeans | 60,000 KRW (45 USD) | 2,500 PHP (42.50 USD) |
Women's Jeans | 50,000 KRW (37.50 USD) | 1,200 PHP (20.40 USD) |
Men's Formal Shoes | 120,000 KRW (90 USD) | 2,000 PHP (34 USD) |
Women's Formal Shoes | 100,000 KRW (75 USD) | 2,000 PHP (34 USD) |
Men's Casual Shoes | 80,000 KRW (60 USD) | 1,500 PHP (25.50 USD) |
Women's Casual Shoes | 60,000 KRW (45 USD) | 1,200 PHP (20.40 USD) |
Underwear For Men | 10,000 KRW (7.50 USD) | 300 PHP (5.10 USD) |
Underwear For Women | 10,000 KRW (7.50 USD) | 350 PHP (5.95 USD) |
Socks For Men | 5,000 KRW (3.75 USD) | 100 PHP (1.70 USD) |
Socks For Women | 5,000 KRW (3.75 USD) | 100 PHP (1.70 USD) |
Wintercoat for Adults | 100,000 KRW (75 USD) | 3,000 PHP (51 USD) |
Sportswear | 50,000 KRW (37.50 USD) | 1,500 PHP (25.50 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 1.85 times more for Clothing and Footwear for Adults.
Indicators | South Korea | Philippines |
---|---|---|
Children's Jeans | 30,000 KRW (22.50 USD) | 800 PHP (13.60 USD) |
Children's Normal Sneakers | 40,000 KRW (30 USD) | 1,000 PHP (17 USD) |
Children's Winter Coat | 60,000 KRW (45 USD) | 1,500 PHP (25.50 USD) |
Daycare for Infant | 300,000 KRW (225 USD) | 8,000 PHP (136 USD) |
Daycare for Toddler | 250,000 KRW (187.50 USD) | 6,000 PHP (102 USD) |
Childcare for Sick Days | 50,000 KRW (37.50 USD) | 1,000 PHP (17 USD) |
Early Childhood Education Programs | 500,000 KRW (375 USD) | 5,000 PHP (85 USD) |
Extra Curricular Activities | 100,000 KRW (75 USD) | 3,000 PHP (51 USD) |
Summer Camp for Kids | 200,000 KRW (150 USD) | 5,000 PHP (85 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 2.16 times more for Childcare and kids clothing.
Indicators | South Korea | Philippines |
---|---|---|
PreSchool Fees | 200,000 KRW (150 USD) | 10,000 PHP (170 USD) |
Primary School Fees | 500,000 KRW (375 USD) | 20,000 PHP (340 USD) |
Secondary School Fees | 700,000 KRW (525 USD) | 35,000 PHP (595 USD) |
Private School Fees | 1,000,000 KRW (750 USD) | 60,000 PHP (1,020 USD) |
University Tuition Fees | 2,000,000 KRW (1,500 USD) | 120,000 PHP (2,040 USD) |
University Private Tuition Fees | 4,000,000 KRW (3,000 USD) | 200,000 PHP (3,400 USD) |
After School Activities | 100,000 KRW (75 USD) | 2,000 PHP (34 USD) |
Special Education Services | 300,000 KRW (225 USD) | 6,000 PHP (102 USD) |
Tutoring | 50,000 KRW (37.50 USD) | 1,000 PHP (17 USD) |
Textbooks Cost | 100,000 KRW (75 USD) | 2,000 PHP (34 USD) |
School Supplies | 30,000 KRW (22.50 USD) | 1,000 PHP (17 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 1.15 times less for school and education.
Indicators | South Korea | Philippines |
---|---|---|
Movie Ticket (Single) | 12,000 KRW (9 USD) | 250 PHP (4.25 USD) |
Theater Ticket (Single) | 30,000 KRW (22.50 USD) | 500 PHP (8.50 USD) |
Concert Ticket (Single) | 70,000 KRW (52.50 USD) | 800 PHP (13.60 USD) |
Sports Event Ticket (Single) | 50,000 KRW (37.50 USD) | 600 PHP (10.20 USD) |
Gym Membership | 80,000 KRW (60 USD) | 2,000 PHP (34 USD) |
Swimming Pool Access | 30,000 KRW (22.50 USD) | 1,000 PHP (17 USD) |
Museum Entry Ticket | 5,000 KRW (3.75 USD) | 200 PHP (3.40 USD) |
Zoo Entry Ticket | 10,000 KRW (7.50 USD) | 300 PHP (5.10 USD) |
Amusement Park Entry Ticket | 20,000 KRW (15 USD) | 600 PHP (10.20 USD) |
Bowling | 10,000 KRW (7.50 USD) | 250 PHP (4.25 USD) |
Mini Golf | 15,000 KRW (11.25 USD) | 150 PHP (2.55 USD) |
Video Games | 30,000 KRW (22.50 USD) | 3,000 PHP (51 USD) |
Streaming Services | 20,000 KRW (15 USD) | 1,000 PHP (17 USD) |
Outdoor Equipment Rental | 10,000 KRW (7.50 USD) | 300 PHP (5.10 USD) |
Theme Park Annual Pass | 150,000 KRW (112.50 USD) | 12,000 PHP (204 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 1.04 times more for entertainment, recreation and fun activities.
Indicators | South Korea | Philippines |
---|---|---|
Language Classes | 200,000 KRW (150 USD) | 5,000 PHP (85 USD) |
Parenting Classes | 150,000 KRW (112.50 USD) | 5,000 PHP (85 USD) |
Art Classes | 25,000 KRW (18.75 USD) | 600 PHP (10.20 USD) |
Fitness Classes | 20,000 KRW (15 USD) | 500 PHP (8.50 USD) |
Music Lessons | 40,000 KRW (30 USD) | 800 PHP (13.60 USD) |
Dance Lessons | 30,000 KRW (22.50 USD) | 800 PHP (13.60 USD) |
Reading Materials for Classes | 10,000 KRW (7.50 USD) | 200 PHP (3.40 USD) |
Educational Software | 100,000 KRW (75 USD) | 5,000 PHP (85 USD) |
If you lived in South Korea, instead of Philippines, you would have to pay 1.42 times more for Private Classes.
Indicators | South Korea | Philippines |
---|---|---|
Average Gross Monthly Salary | 3,000,000 KRW (2,250 USD) | 35,000 PHP (595 USD) |
Average Net Monthly Salary | 2,400,000 KRW (1,800 USD) | 28,000 PHP (476 USD) |
Minimum Wages | 83,333.33 KRW per hour (62.50 USD) | 433.33 PHP per hour (7.37 USD) |
Average Bonus | 500,000 KRW (375 USD) | 5,000 PHP (85 USD) |
Income Tax Rate | 0 to 10 % | 0 to 12 % |
Social Security Contributions | 5 % | 12 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 60 | 70 |
Median Household Income | 2,500,000 KRW (1,875 USD) | 30,000 PHP (510 USD) |
If you lived in South Korea, you would earn 3.80 times more salary as compared to Philippines.
Indicators | South Korea | Philippines |
---|---|---|
Legal Consultation Per Hour Rate | 100,000 KRW (75 USD) | 3,000 PHP (51 USD) |
Accounting Services Per Hour Rate | 80,000 KRW (60 USD) | 2,000 PHP (34 USD) |
IT Support Services Per Hour Rate | 70,000 KRW (52.50 USD) | 1,500 PHP (25.50 USD) |
Technician Services Per Hour Rate | 60,000 KRW (45 USD) | 1,200 PHP (20.40 USD) |
Professional Services cost 1.78 times more in South Korea, as compared to Philippines.
We hope you enjoyed the detailed guide on the cost of living comparsion between South Korea and Philippines.
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