Cost of living comparison
South Korea is 2.6% cheaper than Gibraltar.
If you lived in South Korea instead of Gibraltar, you would:
pay 49.8% less for restaurants
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.66
GIP14.10
|
$6.44
₩8,836
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.09
GIP8.06
|
$5.49
₩7,522
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.98
GIP1.58
|
$1.39
₩1,905
|
|
| Bottle of water (11 fl. oz) |
$1.85
GIP1.48
|
$0.74
₩1,011
|
|
pay 29.5% more for groceries
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.67
GIP1.33
|
$2.87
₩3,934
|
|
| Local cheese (8 oz) |
$4.15
GIP3.31
|
$6.02
₩8,253
|
|
| Milk (1 gallon) |
$7.63
GIP6.09
|
$7.79
₩10,684
|
|
|
Eggs
1 dozen
|
$3.79
GIP3.03
|
$3.21
₩4,404
|
|
| Boneless chicken breast (1 lb) |
$3.89
GIP3.11
|
$2.83
₩3,881
|
|
| Apples (1 lb) |
$2.06
GIP1.64
|
$2.76
₩3,788
|
|
| Bananas (1 lb) |
$1.54
GIP1.23
|
$1.39
₩1,905
|
|
| Oranges (1 lb) |
$1.61
GIP1.28
|
$2.49
₩3,413
|
|
| Tomatoes (1 lb) |
$1.15
GIP0.92
|
$2.03
₩2,784
|
|
| Potatoes (1 lb) |
$1.03
GIP0.82
|
$1.69
₩2,317
|
|
| Onions (1 lb) |
$0.86
GIP0.69
|
$1.10
₩1,507
|
|
pay 99.2% more for transportation
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.78
GIP4.62
|
$4.58
₩6,274
|
|
| Monthly public transit pass |
$8.13
GIP6.50
|
$48.21
₩66,107
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,057.47
GIP24,798.36
|
$27,876.80
₩38,221,885
|
|
| Taxi trip in downtown area (5 miles) |
$24.97
GIP19.94
|
$8.80
₩12,065
|
|
pay 41.9% less for housing
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$53.50
GIP42.72
|
$20.28
₩27,801
|
|
| 1-Bedroom apartment in downtown area |
$1,646.15
GIP1,314.40
|
$421.68
₩578,164
|
|
| 1-Bedroom apartment outside city center |
$1,585.28
GIP1,265.79
|
$330.55
₩453,223
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$87.83
GIP70.13
|
$129.93
₩178,142
|
|
pay 13.6% less for childcare
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$805.78
GIP643.39
|
$386.50
₩529,932
|
|
| Middle school for 1 child, two semesters |
$15,134.60
GIP12,084.48
|
$18,893.14
₩25,904,383
|
|
pay 15.8% less for entertainment and sports
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.10
GIP3.27
|
$2.93
₩4,011
|
|
| Cappuccino in mid-range area |
$2.99
GIP2.39
|
$3.45
₩4,733
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.54
GIP3.63
|
$3.33
₩4,571
|
|
| Monthly membership at local gym |
$70.94
GIP56.65
|
$48.95
₩67,116
|
|
| Movie ticket to theater/cinema |
$10.72
GIP8.56
|
$9.82
₩13,470
|
|
pay 25.6% less for clothing
|
Gibraltar
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$125.33
GIP100.07
|
$62.63
₩85,878
|
|
|
Regular dress
from H&M or similar store
|
$41.78
GIP33.36
|
$43.35
₩59,433
|
|
|
Running shoes
Nike or Adidas
|
$127.87
GIP102.10
|
$72.22
₩99,020
|
|
| Men's business shoes (leather) |
$113.51
GIP90.63
|
$98.82
₩135,486
|
|
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