Published: Monday, 21th October 2024
The cost of living in United Kingdom is 2.37 times more expensive as compared to South Korea.
On this page, you will find side-by-side cost comparison between United Kingdom and South Korea. 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 United Kingdom and South Korea.
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Indicators | United Kingdom | South Korea |
---|---|---|
1 BHK Apartment in City Center | 1,800 GBP (2,286 USD) | 800,000 KRW (600 USD) |
2 BHK Apartment in City Center | 2,800 GBP (3,556 USD) | 1,500,000 KRW (1,125 USD) |
3 BHK Apartment in City Center | 3,800 GBP (4,826 USD) | 2,500,000 KRW (1,875 USD) |
1 BHK Apartment outside City Center | 1,200 GBP (1,524 USD) | 500,000 KRW (375 USD) |
2 BHK Apartment outside City Center | 1,800 GBP (2,286 USD) | 1,000,000 KRW (750 USD) |
3 BHK Apartment outside City Center | 2,500 GBP (3,175 USD) | 1,500,000 KRW (1,125 USD) |
Mortgage Rates Per Month | 3 % | 3 % |
Realtor Commission | 1.5 % | 1 % |
Property Taxes | 0.5 to 2.0 % | 0.15 to 0.5 % |
The average housing cost in United Kingdom is 3.05 times more expensive than South Korea.
Indicators | United Kingdom | South Korea |
---|---|---|
Basic Home Furnishing | 2,000 GBP (2,540 USD) | 2,000,000 KRW (1,500 USD) |
Electricity Cost Per Month | 120 GBP (152.40 USD) | 50,000 KRW (37.50 USD) |
Heating Cost Per Month | 100 GBP (127 USD) | 70,000 KRW (52.50 USD) |
Cooling Cost Per Month | 50 GBP (63.50 USD) | 40,000 KRW (30 USD) |
Water Supply Cost Per Month | 40 GBP (50.80 USD) | 20,000 KRW (15 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 79.43% more for Utilities.
The basic home furnishing in United Kingdom costs 1.69 times more compared to South Korea.
Indicators | United Kingdom | South Korea |
---|---|---|
Standard Wifi Cost Per Month | 30 GBP (38.10 USD) | 30,000 KRW (22.50 USD) |
Mobile Phone Basic Plan Cost Per Month | 20 GBP (25.40 USD) | 30,000 KRW (22.50 USD) |
Landline Basic Plan Cost Per Month | 20 GBP (25.40 USD) | 10,000 KRW (7.50 USD) |
Cable TV Basic Plan Cost Per Month | 50 GBP (63.50 USD) | 20,000 KRW (15 USD) |
The internet and communication costs 125.78% more in United Kingdom compared to South Korea.
Indicators | United Kingdom | South Korea |
---|---|---|
Long Grain Rice (1 KG) | 2.50 GBP (3.17 USD) | 4,000 KRW (3 USD) |
Milk (1 Liter) | 1.20 GBP (1.52 USD) | 2,000 KRW (1.50 USD) |
Water (1 Liter) | 0.80 GBP (1.02 USD) | 1,000 KRW (0.75 USD) |
Bread (500 gm) | 1 GBP (1.27 USD) | 2,500 KRW (1.88 USD) |
Eggs (1 Dozen) | 2.50 GBP (3.17 USD) | 3,000 KRW (2.25 USD) |
Cheese (1 KG) | 5 GBP (6.35 USD) | 8,000 KRW (6 USD) |
Chicken Breast (1 KG) | 8 GBP (10.16 USD) | 10,000 KRW (7.50 USD) |
In United Kingdom, the cost of 1 Liter Water and 1 Liter Milk is 1.13 times more expensive than the cost in South Korea.
If you lived in United Kingdom, instead of South Korea, you would have to pay 16.59% more for Groceries.
Indicators | United Kingdom | South Korea |
---|---|---|
Apples (1 KG) | 2 GBP (2.54 USD) | 5,000 KRW (3.75 USD) |
Bananas (1 KG) | 1.20 GBP (1.52 USD) | 3,000 KRW (2.25 USD) |
Oranges (1 KG) | 2 GBP (2.54 USD) | 4,000 KRW (3 USD) |
Tomatoes (1 KG) | 2 GBP (2.54 USD) | 3,500 KRW (2.63 USD) |
Potatoes (1 KG) | 1 GBP (1.27 USD) | 2,500 KRW (1.88 USD) |
Lemons (1 KG) | 2 GBP (2.54 USD) | 5,000 KRW (3.75 USD) |
Onions (1 KG) | 1.50 GBP (1.91 USD) | 3,000 KRW (2.25 USD) |
Lentils (1 KG) | 2.50 GBP (3.17 USD) | 6,000 KRW (4.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.33 times less for Fruits and Vegetables.
Indicators | United Kingdom | South Korea |
---|---|---|
Meal at a Resonable Restaurant | 15 GBP (19.05 USD) | 12,000 KRW (9 USD) |
Three-Course Meal for Two | 50 GBP (63.50 USD) | 50,000 KRW (37.50 USD) |
Fast Food Combo Meal | 6 GBP (7.62 USD) | 8,000 KRW (6 USD) |
Normal Coffee | 3 GBP (3.81 USD) | 4,000 KRW (3 USD) |
Soft Drink | 1.50 GBP (1.91 USD) | 2,500 KRW (1.88 USD) |
Pizza for One | 10 GBP (12.70 USD) | 20,000 KRW (15 USD) |
Take-Out Delivery Meal | 15 GBP (19.05 USD) | 12,000 KRW (9 USD) |
Cigarette Pack of 20 | 12 GBP (15.24 USD) | 5,000 KRW (3.75 USD) |
Dining-Out costs 67.84% more in United Kingdom compared to South Korea.
Indicators | United Kingdom | South Korea |
---|---|---|
Wine Mid-Range Bottle | 8 GBP (10.16 USD) | 30,000 KRW (22.50 USD) |
Glass of Wine | 5 GBP (6.35 USD) | 10,000 KRW (7.50 USD) |
Domestic Beer Half Liter | 2 GBP (2.54 USD) | 3,000 KRW (2.25 USD) |
Imported Beer Half Liter | 3 GBP (3.81 USD) | 4,000 KRW (3 USD) |
Domestic Alcohol 1 Liter | 15 GBP (19.05 USD) | 15,000 KRW (11.25 USD) |
Branded Alcohol 1 Liter | 25 GBP (31.75 USD) | 30,000 KRW (22.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.07 times more for usual hard drinks.
Indicators | United Kingdom | South Korea |
---|---|---|
Monthly Public Transportation Pass | 140 GBP (177.80 USD) | 60,000 KRW (45 USD) |
Single Public Transportation Ticket | 2.50 GBP (3.17 USD) | 1,200 KRW (0.90 USD) |
Single Train Ticket | 50 GBP (63.50 USD) | 70,000 KRW (52.50 USD) |
Domestic Airplane Ticket | 150 GBP (190.50 USD) | 200,000 KRW (150 USD) |
Taxi Start Fare | 3 GBP (3.81 USD) | 3,000 KRW (2.25 USD) |
Taxi Rate Per Kilometer | 2 GBP (2.54 USD) | 1,000 KRW (0.75 USD) |
Car Rental Per Day | 40 GBP (50.80 USD) | 70,000 KRW (52.50 USD) |
Parking Fees in City Center Per Hour | 3 GBP (3.81 USD) | 3,000 KRW (2.25 USD) |
Parking Fees outside City Center Per Hour | 1.50 GBP (1.91 USD) | 1,500 KRW (1.13 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.62 times more for transportation.
Indicators | United Kingdom | South Korea |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000 GBP (25,400 USD) | 30,000,000 KRW (22,500 USD) |
Vehicle Registration Cost | 200 GBP (254 USD) | 200,000 KRW (150 USD) |
Driving License Fees | 50 GBP (63.50 USD) | 50,000 KRW (37.50 USD) |
Car Insurance Cost | 600 GBP (762 USD) | 500,000 KRW (375 USD) |
Car Maintenance Cost | 150 GBP (190.50 USD) | 150,000 KRW (112.50 USD) |
Car Loan Interest Rates | 5 % | 4 % |
Fuel Per Liter | 1.40 GBP (1.78 USD) | 1,500 KRW (1.13 USD) |
Fuel Per Gallon | 6.50 GBP (8.26 USD) | 6,000 KRW (4.50 USD) |
Average Toll Fees | Yet to Update | 5,000 KRW 3.75 USD |
You would have to pay 1.15 times more for Vehicle purchase, daily operation and maintenance in United Kingdom compared to that of South Korea.
Indicators | United Kingdom | South Korea |
---|---|---|
Doctor Visit | 70 GBP (88.90 USD) | 70,000 KRW (52.50 USD) |
Specialist Visit | 150 GBP (190.50 USD) | 150,000 KRW (112.50 USD) |
Dentist Visit | 80 GBP (101.60 USD) | 80,000 KRW (60 USD) |
Eye Exam | 50 GBP (63.50 USD) | 60,000 KRW (45 USD) |
Mental Health Counseling | 70 GBP (88.90 USD) | 100,000 KRW (75 USD) |
Preventive Health Screening | 100 GBP (127 USD) | 80,000 KRW (60 USD) |
Physical Therapy | 50 GBP (63.50 USD) | 70,000 KRW (52.50 USD) |
Emergency Room Visit | 200 GBP (254 USD) | 150,000 KRW (112.50 USD) |
Hospital Stay Per Night | 150 GBP (190.50 USD) | 200,000 KRW (150 USD) |
Vaccinations | 30 GBP (38.10 USD) | 30,000 KRW (22.50 USD) |
Prescription Medication | 15 GBP (19.05 USD) | 20,000 KRW (15 USD) |
Over the Counter Medication | 5 GBP (6.35 USD) | 10,000 KRW (7.50 USD) |
Health Insurance Premiums | 200 GBP (254 USD) | 150,000 KRW (112.50 USD) |
Health Insurance Deductibles | 500 GBP (635 USD) | 30,000 KRW (22.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 2.36 times more for Health and Medical Treatment.
Indicators | United Kingdom | South Korea |
---|---|---|
Cosmetic Procedures | 200 GBP (254 USD) | 500,000 KRW (375 USD) |
Spa Treatment | 100 GBP (127 USD) | 150,000 KRW (112.50 USD) |
Manicure Pedicure Cost | 30 GBP (38.10 USD) | 50,000 KRW (37.50 USD) |
Optical Glasses Cost | 100 GBP (127 USD) | 150,000 KRW (112.50 USD) |
Contact Lenses Cost | 50 GBP (63.50 USD) | 100,000 KRW (75 USD) |
Haircuts | 20 GBP (25.40 USD) | 20,000 KRW (15 USD) |
Hair Coloring | 50 GBP (63.50 USD) | 80,000 KRW (60 USD) |
Shampoo Price | 5 GBP (6.35 USD) | 4,000 KRW (3 USD) |
Toothpaste Price | 2 GBP (2.54 USD) | 2,000 KRW (1.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.12 times less for Personal Care Items and Treatment.
Indicators | United Kingdom | South Korea |
---|---|---|
Pair of Nike Running Shoes | 80 GBP (101.60 USD) | 100,000 KRW (75 USD) |
Men's Shirt | 30 GBP (38.10 USD) | 40,000 KRW (30 USD) |
Women's Dress | 60 GBP (76.20 USD) | 80,000 KRW (60 USD) |
Summer Dress | 40 GBP (50.80 USD) | 40,000 KRW (30 USD) |
Men's Suit | 300 GBP (381 USD) | 500,000 KRW (375 USD) |
Men's Jeans | 50 GBP (63.50 USD) | 60,000 KRW (45 USD) |
Women's Jeans | 50 GBP (63.50 USD) | 50,000 KRW (37.50 USD) |
Men's Formal Shoes | 80 GBP (101.60 USD) | 120,000 KRW (90 USD) |
Women's Formal Shoes | 70 GBP (88.90 USD) | 100,000 KRW (75 USD) |
Men's Casual Shoes | 60 GBP (76.20 USD) | 80,000 KRW (60 USD) |
Women's Casual Shoes | 50 GBP (63.50 USD) | 60,000 KRW (45 USD) |
Underwear For Men | 15 GBP (19.05 USD) | 10,000 KRW (7.50 USD) |
Underwear For Women | 15 GBP (19.05 USD) | 10,000 KRW (7.50 USD) |
Socks For Men | 5 GBP (6.35 USD) | 5,000 KRW (3.75 USD) |
Socks For Women | 5 GBP (6.35 USD) | 5,000 KRW (3.75 USD) |
Wintercoat for Adults | 80 GBP (101.60 USD) | 100,000 KRW (75 USD) |
Sportswear | 50 GBP (63.50 USD) | 50,000 KRW (37.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.25 times more for Clothing and Footwear for Adults.
Indicators | United Kingdom | South Korea |
---|---|---|
Children's Jeans | 25 GBP (31.75 USD) | 30,000 KRW (22.50 USD) |
Children's Normal Sneakers | 30 GBP (38.10 USD) | 40,000 KRW (30 USD) |
Children's Winter Coat | 50 GBP (63.50 USD) | 60,000 KRW (45 USD) |
Daycare for Infant | 1,200 GBP (1,524 USD) | 300,000 KRW (225 USD) |
Daycare for Toddler | 1,000 GBP (1,270 USD) | 250,000 KRW (187.50 USD) |
Childcare for Sick Days | 30 GBP (38.10 USD) | 50,000 KRW (37.50 USD) |
Early Childhood Education Programs | 400 GBP (508 USD) | 500,000 KRW (375 USD) |
Extra Curricular Activities | 50 GBP (63.50 USD) | 100,000 KRW (75 USD) |
Summer Camp for Kids | 200 GBP (254 USD) | 200,000 KRW (150 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 3.30 times more for Childcare and kids clothing.
Indicators | United Kingdom | South Korea |
---|---|---|
PreSchool Fees | 1,500 GBP (1,905 USD) | 200,000 KRW (150 USD) |
Primary School Fees | 3,000 GBP (3,810 USD) | 500,000 KRW (375 USD) |
Secondary School Fees | 4,500 GBP (5,715 USD) | 700,000 KRW (525 USD) |
Private School Fees | 6,000 GBP (7,620 USD) | 1,000,000 KRW (750 USD) |
University Tuition Fees | 9,000 GBP (11,430 USD) | 2,000,000 KRW (1,500 USD) |
University Private Tuition Fees | 15,000 GBP (19,050 USD) | 4,000,000 KRW (3,000 USD) |
After School Activities | 100 GBP (127 USD) | 100,000 KRW (75 USD) |
Special Education Services | 100 GBP (127 USD) | 300,000 KRW (225 USD) |
Tutoring | 40 GBP (50.80 USD) | 50,000 KRW (37.50 USD) |
Textbooks Cost | 30 GBP (38.10 USD) | 100,000 KRW (75 USD) |
School Supplies | 20 GBP (25.40 USD) | 30,000 KRW (22.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 7.41 times more for school and education.
Indicators | United Kingdom | South Korea |
---|---|---|
Movie Ticket (Single) | 10 GBP (12.70 USD) | 12,000 KRW (9 USD) |
Theater Ticket (Single) | 20 GBP (25.40 USD) | 30,000 KRW (22.50 USD) |
Concert Ticket (Single) | 30 GBP (38.10 USD) | 70,000 KRW (52.50 USD) |
Sports Event Ticket (Single) | 25 GBP (31.75 USD) | 50,000 KRW (37.50 USD) |
Gym Membership | 40 GBP (50.80 USD) | 80,000 KRW (60 USD) |
Swimming Pool Access | 30 GBP (38.10 USD) | 30,000 KRW (22.50 USD) |
Museum Entry Ticket | 10 GBP (12.70 USD) | 5,000 KRW (3.75 USD) |
Zoo Entry Ticket | 15 GBP (19.05 USD) | 10,000 KRW (7.50 USD) |
Amusement Park Entry Ticket | 30 GBP (38.10 USD) | 20,000 KRW (15 USD) |
Bowling | 15 GBP (19.05 USD) | 10,000 KRW (7.50 USD) |
Mini Golf | 10 GBP (12.70 USD) | 15,000 KRW (11.25 USD) |
Video Games | 50 GBP (63.50 USD) | 30,000 KRW (22.50 USD) |
Streaming Services | 10 GBP (12.70 USD) | 20,000 KRW (15 USD) |
Outdoor Equipment Rental | 20 GBP (25.40 USD) | 10,000 KRW (7.50 USD) |
Theme Park Annual Pass | 300 GBP (381 USD) | 150,000 KRW (112.50 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.92 times more for entertainment, recreation and fun activities.
Indicators | United Kingdom | South Korea |
---|---|---|
Language Classes | 30 GBP (38.10 USD) | 200,000 KRW (150 USD) |
Parenting Classes | 50 GBP (63.50 USD) | 150,000 KRW (112.50 USD) |
Art Classes | 25 GBP (31.75 USD) | 25,000 KRW (18.75 USD) |
Fitness Classes | 15 GBP (19.05 USD) | 20,000 KRW (15 USD) |
Music Lessons | 40 GBP (50.80 USD) | 40,000 KRW (30 USD) |
Dance Lessons | 30 GBP (38.10 USD) | 30,000 KRW (22.50 USD) |
Reading Materials for Classes | 5 GBP (6.35 USD) | 10,000 KRW (7.50 USD) |
Educational Software | 20 GBP (25.40 USD) | 100,000 KRW (75 USD) |
If you lived in United Kingdom, instead of South Korea, you would have to pay 1.58 times less for Private Classes.
Indicators | United Kingdom | South Korea |
---|---|---|
Average Gross Monthly Salary | 3,000 GBP (3,810 USD) | 3,000,000 KRW (2,250 USD) |
Average Net Monthly Salary | 2,400 GBP (3,048 USD) | 2,400,000 KRW (1,800 USD) |
Minimum Wages | 53.33 GBP per hour (67.73 USD) | 83,333.33 KRW per hour (62.50 USD) |
Average Bonus | 500 GBP (635 USD) | 500,000 KRW (375 USD) |
Income Tax Rate | 0 to 20 % | 0 to 10 % |
Social Security Contributions | 12 % | 5 % |
Pension Contributions | 10 % | 5 % |
Cost of Living Index | 75 | 60 |
Median Household Income | 2,800 GBP (3,556 USD) | 2,500,000 KRW (1,875 USD) |
If you lived in United Kingdom, you would earn 1.75 times more salary as compared to South Korea.
Indicators | United Kingdom | South Korea |
---|---|---|
Legal Consultation Per Hour Rate | 200 GBP (254 USD) | 100,000 KRW (75 USD) |
Accounting Services Per Hour Rate | 150 GBP (190.50 USD) | 80,000 KRW (60 USD) |
IT Support Services Per Hour Rate | 100 GBP (127 USD) | 70,000 KRW (52.50 USD) |
Technician Services Per Hour Rate | 80 GBP (101.60 USD) | 60,000 KRW (45 USD) |
Professional Services cost 2.90 times more in United Kingdom, as compared to South Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between United Kingdom and South Korea.
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