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| Home > Residents > General Information > Cost of Living |
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According to the cost of living study by consultant William M. Mercer released in July 2001, living costs of Seoul ranked the 10th in the world. The survey covered 144 cities in the world and measured the comparative cost of over 200 items in each location. These include the cost of housing, food, clothing, and household goods, together with transport and entertainment.
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| Rank 2001 |
Rank 2000 |
City |
Index 2001 |
Index 2000 |
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| 1 |
(1) |
Tokyo, Japan |
134.0 |
(164.9) |
| 2 |
(5) |
Moscow, Russia |
132.4 |
(136.1) |
| 3 |
(3) |
Hong Kong |
130.0 |
(141.5) |
| 4 |
(4) |
Beijing, China |
124.4 |
(138.3) |
| 5 |
(2) |
Osaka, Japan |
116.7 |
(143.6) |
| 6 |
(6) |
Shanghai, China |
114.3 |
(128.0) |
| 7 |
(8) |
St. Petersburg, Russia |
106.5 |
(109.0) |
| 8 |
(13) |
New York City, USA |
100.0 |
(100.0) |
| 9 |
(9) |
Guangzhou, China |
97.4 |
(107.9) |
| 10 |
(7) |
Seoul, Korea |
95.3 |
(107.9) |
| 11 |
(14) |
Hanoi, Vietnam |
94.3 |
(94.9) |
| 12 |
(11) |
Taipei, Taiwan |
92.9 |
(102.8) |
| 13 |
(10) |
London, UK |
92.9 |
(106.9) |
| 14 |
(12) |
Shenzhen, China |
90.8 |
(100.1) |
| 15 |
(16) |
Ho Chi Minh City, Vietnam |
90.4 |
(92.7) |
| 16 |
(15) |
Singapore |
86.4 |
(94.7) |
| 17 |
(30) |
White Plains NY, USA |
85.5 |
(84.0) |
| 18 |
(19) |
Tel Aviv, Israel |
85.0 |
(85.0) |
| 19 |
(33) |
San Francisco, USA |
84.4 |
(84.4) |
| 20 |
(38) |
Chicago, USA |
84.3 |
(84.3) |
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 (Note: The City of New York is the base city with a score of 100 points) |
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 Food & Services |
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| Food & Services |
Price (Unit: Korean Won) |
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| Doenjang Jjigae (Bean Paste Stew) |
4,250 |
| Samgyeopsal (Three-ply Pork) |
6,813 |
| Galbitang (Beef-rib soup) |
5,500 |
| Jjajangmyeon (Chinese noodle with black sauce) |
3,063 |
| Tangsuyuk (Sweet & sour Pork) |
13,000 |
| Gimbap (Rice rolled with seaweed) |
2,063 |
| Public Bath |
3,600 |
| Hair Perm |
25,000 |
| Hair Cut |
8,750 |
| Laundry |
6,000 |
| Norae Bang (Korean Karaoke, 1 hour) |
12,875 |
| Piano Lesson Fee |
77,500 |
| Housing Management Expenses (32-pyeong Apt.) |
47,374 |
| Picture-taking (3x4x6) |
9,250 |
| Movie Theater Admission |
7,000 |
| Video Tape Lending |
1,625 |
| LPG |
20,000 |
| Gasoline (1 liter) |
1,369 |
| Burning Oil (1 liter) |
747 |
| City Bus Fare |
700 |
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(Note: The City of New York is the base city with a score of 100 points) |
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Groceries & Basic Necessities |
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| Groceries & Basic Necessities |
Price (Unit: Korean Won) |
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| Polished rice (20kg) |
48,250 |
| White cabbage (2kg) |
2,273 |
| Lettuce (400g) |
2,238 |
| Apple (300g) |
1,600 |
| Pear (600g) |
2,688 |
| Beef (100g) |
3,929 |
| Pork (100g) |
1,091 |
| Mackerel (30cm) |
3,000 |
| Bean Curd (420g) |
1,671 |
| Eggs (regular 10): 1,423 won |
1,306 |
| Ramyeon (Instant noodle) |
460 |
| Canned ham (200g) |
2,450 |
| Milk (1000ml) |
1,303 |
| Yogurt (5 packs) |
463 |
| Juice (1.5L) |
2,050 |
| Spring Water (500ml) |
398 |
Soju (Korean white distilled liquor, 360ml, 1 bottle) |
913 |
| Beer (500ml) |
1,300 |
| Powered Milk (800g) |
18,567 |
| Cookie ("Orion Choco Pie",1 box) |
1,910 |
| Instant Coffee ("Maxim Original", 300g) |
7,686 |
| Canned Tuna (150g) |
1,214 |
| Sugar (3kg) |
2,951 |
| Flour (3kg) |
2,513 |
| Sesame Oil (320ml) |
4,135 |
| Cooking Oil (1500ml) |
2,879 |
| Tooth Paste (190g) |
1,863 |
| Laundry Detergent (3kg) |
8,103 |
| Tissue (3 Boxes, 260-300 tissues per box) |
4,509 |
| Diaper (76 pieces) |
24,642 |
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(Note: The City of New York is the base city with a score of 100 points) |
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The Source Of Information :
SEOUL METROPOLITAN GOVERNMENT Site ( http://english.seoul.go.kr ) |
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