Cost of living comparison

Cyprus

compared to

South Korea

South Korea vs. Cyprus Cost of Living Summary

South Korea is 12.6% cheaper than Cyprus overall.

Restaurants: pay 46.9% less in South Korea
Groceries: pay 66.3% more in South Korea
Transportation: pay 19.4% less in South Korea
Housing: pay 36.6% less in South Korea
Childcare: pay 82.2% more in South Korea
Entertainment and Sports: pay 12.5% less in South Korea
Clothing: pay 0.8% less in South Korea

The cost of childcare and groceries in South Korea are more expensive than in Cyprus. Expenses including restaurants, housing, transportation, entertainment and sports, and clothing are lower in South Korea. Notably, childcare is significantly more expensive in South Korea.

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South Korea vs. Cyprus Cost Breakdown

If you lived in South Korea instead of Cyprus, you would:

Display currency: USD

pay 46.9% less for restaurants

	Cyprus	South Korea
Basic meal with drink at inexpensive restaurant	$18.24 €16.37	$7.06 ₩9,627	-61.3%
Fast food combo meal McDonalds, or similar	$9.77 €8.77	$6.17 ₩8,410	-36.9%
Bottle of Coca-Cola (11 fl. oz)	$1.91 €1.71	$1.53 ₩2,083	-20.0%
Bottle of water (11 fl. oz)	$1.10 €0.99	$0.88 ₩1,207	-19.9%
Average			-46.9%

Cyprus vs. South Korea - Cost of restaurants

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pay 66.3% more for groceries

	Cyprus	South Korea
Bread 1 loaf	$1.76 €1.58	$3.04 ₩4,143	+72.8%
Local cheese (8 oz)	$5.98 €5.37	$6.12 ₩8,352	+2.4%
Milk (1 gallon)	$6.87 €6.17	$8.23 ₩11,221	+19.7%
Eggs 1 dozen	$4.36 €3.91	$2.94 ₩4,009	-32.5%
Boneless chicken breast (1 lb)	$3.80 €3.41	$4.11 ₩5,604	+8.1%
Apples (1 lb)	$1.37 €1.22	$4.00 ₩5,458	+193.1%
Bananas (1 lb)	$0.92 €0.83	$1.55 ₩2,114	+67.7%
Oranges (1 lb)	$0.93 €0.83	$3.00 ₩4,087	+222.0%
Tomatoes (1 lb)	$1.44 €1.29	$2.63 ₩3,590	+83.0%
Potatoes (1 lb)	$0.72 €0.65	$2.03 ₩2,774	+181.6%
Onions (1 lb)	$0.59 €0.53	$1.26 ₩1,722	+113.8%
Average			+66.3%

Cyprus vs. South Korea - Cost of groceries

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pay 19.4% less for transportation

	Cyprus	South Korea
Gasoline (1 gallon)	$6.50 €5.83	$5.01 ₩6,830	-23.0%
Monthly public transit pass	$44.79 €40.18	$46.10 ₩62,878	+2.9%
New Volkswagen Golf 1.4 (standard edition)	$30,780.29 €27,614.53	$28,394.53 ₩39M	-7.8%
Taxi trip in downtown area (5 miles)	$25.09 €22.51	$8.59 ₩11,720	-65.7%
Average			-19.4%

Cyprus vs. South Korea - Cost of transportation

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pay 36.6% less for housing

	Cyprus	South Korea
Internet connection 50 mbps or faster, cable/dsl	$30.69 €27.53	$24.34 ₩33,198	-20.7%
1-Bedroom apartment in downtown area	$887.60 €796.31	$561.73 ₩766K	-36.7%
1-Bedroom apartment outside city center	$757.49 €679.58	$387.83 ₩529K	-48.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$147.76 €132.56	$153.72 ₩210K	+4.0%
Average			-36.6%

Cyprus vs. South Korea - Cost of housing

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pay 82.2% more for childcare

	Cyprus	South Korea
Private preschool for 1 child, monthly	$456.81 €409.83	$545.93 ₩745K	+19.5%
Middle school for 1 child, two semesters	$7,275.72 €6,527.41	$20,214.53 ₩28M	+177.8%
Average			+82.2%

Cyprus vs. South Korea - Cost of childcare

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pay 12.5% less for entertainment and sports

	Cyprus	South Korea
Domestic/local beer (1 pint)	$3.92 €3.52	$3.30 ₩4,499	-15.8%
Cappuccino in mid-range area	$3.91 €3.51	$3.66 ₩4,995	-6.4%
Pack of cigarettes Marlboro or similar	$5.30 €4.75	$3.35 ₩4,565	-36.8%
Monthly membership at local gym	$65.20 €58.50	$57.32 ₩78,173	-12.1%
Movie ticket to theater/cinema	$11.62 €10.42	$11.28 ₩15,390	-2.9%
Average			-12.5%

Cyprus vs. South Korea - Cost of entertainment and sports

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pay 0.8% less for clothing

	Cyprus	South Korea
Regular jeans Levi's brand	$74.06 €66.44	$67.53 ₩92,101	-8.8%
Regular dress from H&M or similar store	$43.72 €39.22	$53.43 ₩72,869	+22.2%
Running shoes Nike or Adidas	$90.92 €81.57	$78.10 ₩107K	-14.1%
Men's business shoes (leather)	$101.66 €91.20	$102.84 ₩140K	+1.2%
Average			-0.8%

Cyprus vs. South Korea - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

Compare further: Cyprus vs. South Korea

Salary Calculator · Free tool

What salary would you need in South Korea?

Quality of Life Comparison · 19 statistics

Be 45.5% less likely to be unemployed in South Korea

Size Comparison · See true size

Cyprus is about 11 times smaller than South Korea.

Moving from Cyprus to South Korea · OECD 2023

9 people moved from Cyprus to South Korea.

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