Cost of living comparison
South Korea is 70.2% more expensive than Ecuador.
If you lived in South Korea instead of Ecuador, you would:
pay 36.9% more for restaurants
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.45
|
$6.44
₩8,567
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.27
|
$5.49
₩7,293
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.92
|
$1.39
₩1,847
|
|
| Bottle of water (11 fl. oz) |
$0.60
|
$0.74
₩980
|
|
pay 2.5 times more for groceries
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.65
|
$2.87
₩3,813
|
|
| Local cheese (8 oz) |
$2.79
|
$6.02
₩8,001
|
|
| Milk (1 gallon) |
$4.08
|
$7.79
₩10,357
|
|
|
Eggs
1 dozen
|
$1.95
|
$3.21
₩4,269
|
|
| Boneless chicken breast (1 lb) |
$2.44
|
$2.83
₩3,763
|
|
| Apples (1 lb) |
$0.92
|
$2.76
₩3,673
|
|
| Bananas (1 lb) |
$0.50
|
$1.39
₩1,847
|
|
| Oranges (1 lb) |
$0.64
|
$2.49
₩3,309
|
|
| Tomatoes (1 lb) |
$0.52
|
$2.03
₩2,699
|
|
| Potatoes (1 lb) |
$0.50
|
$1.69
₩2,246
|
|
| Onions (1 lb) |
$0.47
|
$1.10
₩1,461
|
|
pay 62.6% more for transportation
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.48
|
$4.58
₩6,083
|
|
| Monthly public transit pass |
$17.66
|
$48.21
₩64,089
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,909.09
|
$27,876.80
₩37,055,241
|
|
| Taxi trip in downtown area (5 miles) |
$12.40
|
$8.80
₩11,696
|
|
pay 65.1% more for housing
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.66
|
$20.28
₩26,952
|
|
| 1-Bedroom apartment in downtown area |
$347.73
|
$421.68
₩560,517
|
|
| 1-Bedroom apartment outside city center |
$270.55
|
$330.55
₩439,390
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.41
|
$129.93
₩172,705
|
|
pay 2.4 times more for childcare
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$219.10
|
$386.50
₩513,757
|
|
| Middle school for 1 child, two semesters |
$6,167.67
|
$18,893.14
₩25,113,706
|
|
pay 27.8% more for entertainment and sports
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.18
|
$2.93
₩3,888
|
|
| Cappuccino in mid-range area |
$2.34
|
$3.45
₩4,589
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.88
|
$3.33
₩4,431
|
|
| Monthly membership at local gym |
$32.11
|
$48.95
₩65,067
|
|
| Movie ticket to theater/cinema |
$6.62
|
$9.82
₩13,059
|
|
pay 3.8% more for clothing
|
Ecuador
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.21
|
$62.63
₩83,257
|
|
|
Regular dress
from H&M or similar store
|
$44.65
|
$43.35
₩57,619
|
|
|
Running shoes
Nike or Adidas
|
$95.02
|
$72.22
₩95,997
|
|
| Men's business shoes (leather) |
$81.02
|
$98.82
₩131,351
|
|
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