Cost of living comparison
South Korea is 52.8% cheaper than Bermuda.
If you lived in South Korea instead of Bermuda, you would:
pay 69.1% less for restaurants
Bermuda
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$36.50
$36.50
|
$6.13
₩8,447
|
|
Fast food combo meal
McDonalds, or similar
|
$15.00
$15.00
|
$5.18
₩7,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.00
$3.00
|
$1.41
₩1,938
|
|
Bottle of water (11 fl. oz) |
$2.64
$2.64
|
$0.67
₩930
|
|
pay 48.6% less for groceries
Bermuda
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$7.15
$7.15
|
$2.74
₩3,780
|
|
Local cheese (8 oz) |
$7.10
$7.10
|
$8.12
₩11,189
|
|
Milk (1 gallon) |
$15.74
$15.74
|
$7.20
₩9,923
|
|
Eggs
1 dozen
|
$6.84
$6.84
|
$2.73
₩3,765
|
|
Boneless chicken breast (1 lb) |
$9.56
$9.56
|
$3.58
₩4,940
|
|
Apples (1 lb) |
$5.41
$5.41
|
$2.90
₩3,991
|
|
Bananas (1 lb) |
$3.10
$3.10
|
$1.51
₩2,081
|
|
Oranges (1 lb) |
$4.74
$4.74
|
$2.66
₩3,668
|
|
Tomatoes (1 lb) |
$4.03
$4.03
|
$2.29
₩3,160
|
|
Potatoes (1 lb) |
$3.84
$3.84
|
$1.40
₩1,925
|
|
Onions (1 lb) |
$2.84
$2.84
|
$1.08
₩1,494
|
|
pay 43.4% less for transportation
Bermuda
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.74
$8.74
|
$4.92
₩6,786
|
|
Monthly public transit pass |
$68.50
$68.50
|
$43.73
₩60,262
|
|
New Volkswagen Golf 1.4 (standard edition) |
$38,000.00
$38,000.00
|
$28,660.56
₩39,496,774
|
|
Taxi trip in downtown area (5 miles) |
$30.25
$30.25
|
$9.34
₩12,866
|
|
pay 73.7% less for housing
Bermuda
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$128.22
$128.22
|
$21.09
₩29,063
|
|
1-Bedroom apartment in downtown area |
$3,125.00
$3,125.00
|
$392.42
₩540,792
|
|
1-Bedroom apartment outside city center |
$2,193.95
$2,193.95
|
$302.43
₩416,775
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$178.50
$178.50
|
$111.18
₩153,211
|
|
pay 46.6% less for childcare
Bermuda
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,184.67
$1,184.67
|
$342.96
₩472,623
|
|
Middle school for 1 child, two semesters |
$24,375.00
$24,375.00
|
$18,987.50
₩26,166,449
|
|
pay 56.5% less for entertainment and sports
Bermuda
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.33
$9.33
|
$2.92
₩4,022
|
|
Cappuccino in mid-range area |
$5.50
$5.50
|
$3.29
₩4,533
|
|
Pack of cigarettes
Marlboro or similar
|
$17.62
$17.62
|
$3.45
₩4,754
|
|
Monthly membership at local gym |
$114.94
$114.94
|
$44.03
₩60,673
|
|
Movie ticket to theater/cinema |
$13.00
$13.00
|
$8.93
₩12,300
|
|
pay 31.6% less for clothing
Bermuda
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$70.50
$70.50
|
$48.44
₩66,758
|
|
Regular dress
from H&M or similar store
|
$57.00
$57.00
|
$44.60
₩61,461
|
|
Running shoes
Nike or Adidas
|
$140.62
$140.62
|
$75.46
₩103,986
|
|
Men's business shoes (leather) |
$124.75
$124.75
|
$91.03
₩125,453
|
|
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