Cost of living comparison
South Korea is 2.7 times more expensive than Malawi.
If you lived in South Korea instead of Malawi, you would:
pay 34.3% more for restaurants
Malawi
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.34
MWK7,517.60
|
$6.44
₩8,836
|
|
Fast food combo meal
McDonalds, or similar
|
$9.11
MWK15,774.24
|
$5.49
₩7,522
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.87
MWK1,515.39
|
$1.39
₩1,905
|
|
Bottle of water (11 fl. oz) |
$0.43
MWK753.02
|
$0.74
₩1,011
|
|
pay 2.0 times more for groceries
Malawi
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$1.37
MWK2,372.15
|
$2.87
₩3,934
|
|
Local cheese (8 oz) |
$4.82
MWK8,358.12
|
$6.02
₩8,253
|
|
Milk (1 gallon) |
$4.53
MWK7,841.80
|
$7.79
₩10,684
|
|
Eggs
1 dozen
|
$2.31
MWK4,005.01
|
$3.21
₩4,404
|
|
Boneless chicken breast (1 lb) |
$1.93
MWK3,351.15
|
$2.83
₩3,881
|
|
Apples (1 lb) |
$1.04
MWK1,798.59
|
$2.76
₩3,788
|
|
Bananas (1 lb) |
$0.81
MWK1,408.74
|
$1.39
₩1,905
|
|
Oranges (1 lb) |
$1.13
MWK1,951.27
|
$2.49
₩3,413
|
|
Tomatoes (1 lb) |
$0.53
MWK916.09
|
$2.03
₩2,784
|
|
Potatoes (1 lb) |
$0.72
MWK1,250.36
|
$1.69
₩2,317
|
|
Onions (1 lb) |
$0.59
MWK1,019.28
|
$1.10
₩1,507
|
|
pay 3.3 times more for transportation
Malawi
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.21
MWK10,755.34
|
$4.58
₩6,274
|
|
Monthly public transit pass |
$4.32
MWK7,486.95
|
$48.21
₩66,107
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,910.51
MWK62,208,173.61
|
$27,876.80
₩38,221,885
|
|
Taxi trip in downtown area (5 miles) |
$20.54
MWK35,582.33
|
$8.80
₩12,065
|
|
pay 2.2 times more for housing
Malawi
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$187.17
MWK324,242.16
|
$20.28
₩27,801
|
|
1-Bedroom apartment in downtown area |
$203.55
MWK352,618.77
|
$421.68
₩578,164
|
|
1-Bedroom apartment outside city center |
$99.20
MWK171,849.43
|
$330.55
₩453,223
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$41.38
MWK71,690.27
|
$129.93
₩178,142
|
|
pay 7.0 times more for childcare
Malawi
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$361.94
MWK626,993.11
|
$386.50
₩529,932
|
|
Middle school for 1 child, two semesters |
$1,469.79
MWK2,546,138.55
|
$18,893.14
₩25,904,383
|
|
pay 86.5% more for entertainment and sports
Malawi
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.12
MWK1,945.99
|
$2.93
₩4,011
|
|
Cappuccino in mid-range area |
$2.92
MWK5,061.43
|
$3.45
₩4,733
|
|
Pack of cigarettes
Marlboro or similar
|
$1.59
MWK2,748.38
|
$3.33
₩4,571
|
|
Monthly membership at local gym |
$51.53
MWK89,268.45
|
$48.95
₩67,116
|
|
Movie ticket to theater/cinema |
$3.95
MWK6,843.60
|
$9.82
₩13,470
|
|
pay 30.2% more for clothing
Malawi
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.53
MWK78,872.12
|
$62.63
₩85,878
|
|
Regular dress
from H&M or similar store
|
$35.18
MWK60,941.71
|
$43.35
₩59,433
|
|
Running shoes
Nike or Adidas
|
$59.57
MWK103,196.99
|
$72.22
₩99,020
|
|
Men's business shoes (leather) |
$71.18
MWK123,312.02
|
$98.82
₩135,486
|
|
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