Cost of living comparison
Ecuador is 23.8% cheaper than South Korea.
If you lived in Ecuador instead of South Korea, you would:
pay 22.0% less for restaurants
South Korea
|
Ecuador
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.13
₩8,404
|
$3.16
|
|
Fast food combo meal
McDonalds, or similar
|
$5.18
₩7,101
|
$6.40
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.41
₩1,929
|
$0.75
|
|
Bottle of water (11 fl. oz) |
$0.67
₩925
|
$0.56
|
|
pay 58.6% less for groceries
South Korea
|
Ecuador
|
||
---|---|---|---|
Bread
1 loaf
|
$2.74
₩3,761
|
$1.73
|
|
Local cheese (8 oz) |
$8.12
₩11,132
|
$2.35
|
|
Milk (1 gallon) |
$7.20
₩9,872
|
$3.87
|
|
Eggs
1 dozen
|
$2.73
₩3,746
|
$1.84
|
|
Boneless chicken breast (1 lb) |
$3.58
₩4,915
|
$2.37
|
|
Apples (1 lb) |
$2.90
₩3,971
|
$0.80
|
|
Bananas (1 lb) |
$1.51
₩2,070
|
$0.50
|
|
Oranges (1 lb) |
$2.66
₩3,649
|
$0.57
|
|
Tomatoes (1 lb) |
$2.29
₩3,144
|
$0.47
|
|
Potatoes (1 lb) |
$1.40
₩1,915
|
$0.44
|
|
Onions (1 lb) |
$1.08
₩1,486
|
$0.46
|
|
pay 19.6% less for transportation
South Korea
|
Ecuador
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
₩6,752
|
$2.51
|
|
Monthly public transit pass |
$43.73
₩59,957
|
$17.22
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,660.56
₩39,296,489
|
$24,150.00
|
|
Taxi trip in downtown area (5 miles) |
$9.34
₩12,800
|
$13.73
|
|
pay 5.7% less for housing
South Korea
|
Ecuador
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.09
₩28,915
|
$36.92
|
|
1-Bedroom apartment in downtown area |
$392.42
₩538,050
|
$339.15
|
|
1-Bedroom apartment outside city center |
$302.43
₩414,661
|
$251.11
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.18
₩152,434
|
$36.53
|
|
pay 52.4% less for childcare
South Korea
|
Ecuador
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$342.96
₩470,226
|
$214.58
|
|
Middle school for 1 child, two semesters |
$18,987.50
₩26,033,762
|
$6,198.40
|
|
pay 11.2% less for entertainment and sports
South Korea
|
Ecuador
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.92
₩4,001
|
$1.93
|
|
Cappuccino in mid-range area |
$3.29
₩4,510
|
$2.32
|
|
Pack of cigarettes
Marlboro or similar
|
$3.45
₩4,730
|
$5.40
|
|
Monthly membership at local gym |
$44.03
₩60,365
|
$35.90
|
|
Movie ticket to theater/cinema |
$8.93
₩12,238
|
$6.18
|
|
pay 3.2% more for clothing
South Korea
|
Ecuador
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$48.44
₩66,419
|
$54.02
|
|
Regular dress
from H&M or similar store
|
$44.60
₩61,150
|
$42.30
|
|
Running shoes
Nike or Adidas
|
$75.46
₩103,459
|
$91.53
|
|
Men's business shoes (leather) |
$91.03
₩124,816
|
$77.33
|
|
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