Cost of living comparison
South Korea is 20.1% cheaper than Bahamas.
If you lived in South Korea instead of Bahamas, you would:
pay 57.3% less for restaurants
Bahamas
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$25.33
$25.33
|
$6.13
₩8,447
|
|
Fast food combo meal
McDonalds, or similar
|
$8.58
$8.58
|
$5.18
₩7,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.56
$2.56
|
$1.41
₩1,938
|
|
Bottle of water (11 fl. oz) |
$2.16
$2.16
|
$0.67
₩930
|
|
pay 7.4% more for groceries
Bahamas
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$4.23
$4.23
|
$2.74
₩3,780
|
|
Local cheese (8 oz) |
$4.15
$4.15
|
$8.12
₩11,189
|
|
Milk (1 gallon) |
$14.53
$14.53
|
$7.20
₩9,923
|
|
Eggs
1 dozen
|
$4.39
$4.39
|
$2.73
₩3,765
|
|
Boneless chicken breast (1 lb) |
$4.45
$4.45
|
$3.58
₩4,940
|
|
Apples (1 lb) |
$1.68
$1.68
|
$2.90
₩3,991
|
|
Bananas (1 lb) |
$1.23
$1.23
|
$1.51
₩2,081
|
|
Oranges (1 lb) |
$1.64
$1.64
|
$2.66
₩3,668
|
|
Tomatoes (1 lb) |
$1.92
$1.92
|
$2.29
₩3,160
|
|
Potatoes (1 lb) |
$1.82
$1.82
|
$1.40
₩1,925
|
|
Onions (1 lb) |
$1.42
$1.42
|
$1.08
₩1,494
|
|
pay 26.9% less for transportation
Bahamas
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.37
$5.37
|
$4.92
₩6,786
|
|
Monthly public transit pass |
$50.00
$50.00
|
$43.73
₩60,262
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,500.00
$37,500.00
|
$28,660.56
₩39,496,774
|
|
Taxi trip in downtown area (5 miles) |
$25.43
$25.43
|
$9.34
₩12,866
|
|
pay 64.7% less for housing
Bahamas
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.25
$68.25
|
$21.09
₩29,063
|
|
1-Bedroom apartment in downtown area |
$1,222.22
$1,222.22
|
$392.42
₩540,792
|
|
1-Bedroom apartment outside city center |
$1,309.72
$1,309.72
|
$302.43
₩416,775
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$201.75
$201.75
|
$111.18
₩153,211
|
|
pay 63.4% more for childcare
Bahamas
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$412.22
$412.22
|
$342.96
₩472,623
|
|
Middle school for 1 child, two semesters |
$7,795.24
$7,795.24
|
$18,987.50
₩26,166,449
|
|
pay 43.6% less for entertainment and sports
Bahamas
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.75
$3.75
|
$2.92
₩4,022
|
|
Cappuccino in mid-range area |
$5.23
$5.23
|
$3.29
₩4,533
|
|
Pack of cigarettes
Marlboro or similar
|
$9.50
$9.50
|
$3.45
₩4,754
|
|
Monthly membership at local gym |
$79.65
$79.65
|
$44.03
₩60,673
|
|
Movie ticket to theater/cinema |
$18.00
$18.00
|
$8.93
₩12,300
|
|
pay 19.3% less for clothing
Bahamas
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$59.05
$59.05
|
$48.44
₩66,758
|
|
Regular dress
from H&M or similar store
|
$46.88
$46.88
|
$44.60
₩61,461
|
|
Running shoes
Nike or Adidas
|
$117.67
$117.67
|
$75.46
₩103,986
|
|
Men's business shoes (leather) |
$111.67
$111.67
|
$91.03
₩125,453
|
|
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