Cost of living comparison
South Korea is 71.2% more expensive than Ecuador.
If you lived in South Korea instead of Ecuador, you would:
pay 45.5% more for restaurants
Ecuador
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.16
|
$6.13
₩8,242
|
|
Fast food combo meal
McDonalds, or similar
|
$6.40
|
$5.18
₩6,964
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.75
|
$1.41
₩1,891
|
|
Bottle of water (11 fl. oz) |
$0.56
|
$0.67
₩907
|
|
pay 2.9 times more for groceries
Ecuador
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$1.73
|
$2.74
₩3,688
|
|
Local cheese (8 oz) |
$2.35
|
$8.12
₩10,917
|
|
Milk (1 gallon) |
$3.87
|
$7.20
₩9,682
|
|
Eggs
1 dozen
|
$1.84
|
$2.73
₩3,673
|
|
Boneless chicken breast (1 lb) |
$2.37
|
$3.58
₩4,820
|
|
Apples (1 lb) |
$0.80
|
$2.90
₩3,894
|
|
Bananas (1 lb) |
$0.50
|
$1.51
₩2,030
|
|
Oranges (1 lb) |
$0.57
|
$2.66
₩3,579
|
|
Tomatoes (1 lb) |
$0.47
|
$2.29
₩3,083
|
|
Potatoes (1 lb) |
$0.44
|
$1.40
₩1,878
|
|
Onions (1 lb) |
$0.46
|
$1.08
₩1,457
|
|
pay 59.2% more for transportation
Ecuador
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.51
|
$4.92
₩6,622
|
|
Monthly public transit pass |
$17.22
|
$43.73
₩58,798
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,150.00
|
$28,660.56
₩38,536,984
|
|
Taxi trip in downtown area (5 miles) |
$13.73
|
$9.34
₩12,553
|
|
pay 49.4% more for housing
Ecuador
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$36.92
|
$21.09
₩28,356
|
|
1-Bedroom apartment in downtown area |
$339.15
|
$392.42
₩527,651
|
|
1-Bedroom apartment outside city center |
$251.11
|
$302.43
₩406,647
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$36.53
|
$111.18
₩149,488
|
|
pay 2.3 times more for childcare
Ecuador
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$214.58
|
$342.96
₩461,138
|
|
Middle school for 1 child, two semesters |
$6,198.40
|
$18,987.50
₩25,530,593
|
|
pay 24.8% more for entertainment and sports
Ecuador
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.93
|
$2.92
₩3,924
|
|
Cappuccino in mid-range area |
$2.32
|
$3.29
₩4,423
|
|
Pack of cigarettes
Marlboro or similar
|
$5.40
|
$3.45
₩4,639
|
|
Monthly membership at local gym |
$35.90
|
$44.03
₩59,198
|
|
Movie ticket to theater/cinema |
$6.18
|
$8.93
₩12,001
|
|
pay 1.2% less for clothing
Ecuador
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$54.02
|
$48.44
₩65,135
|
|
Regular dress
from H&M or similar store
|
$42.30
|
$44.60
₩59,968
|
|
Running shoes
Nike or Adidas
|
$91.53
|
$75.46
₩101,460
|
|
Men's business shoes (leather) |
$77.33
|
$91.03
₩122,404
|
|
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