Cost of living comparison

compared to

South Korea vs. Falkland Islands (Islas Malvinas) Cost of Living Summary

South Korea is 42.9% cheaper than Falkland Islands (Islas Malvinas) overall.

Restaurants: pay 64.7% less in South Korea
Groceries: pay 7.9% more in South Korea
Transportation: pay 30.0% less in South Korea
Housing: pay 64.1% less in South Korea
Entertainment and Sports: pay 0.9% less in South Korea
Clothing: pay 36.1% less in South Korea

Expenses including restaurants, housing, clothing, transportation, and entertainment and sports are lower in South Korea.

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South Korea vs. Falkland Islands (Islas Malvinas) Cost Breakdown

If you lived in South Korea instead of Falkland Islands (Islas Malvinas), you would:

Display currency: USD

pay 64.7% less for restaurants

	Falkland Islands (Islas Malvinas)	South Korea
Basic meal with drink at inexpensive restaurant	$26.43 FKP19.79	$7.06 ₩9,627	-73.3%
Fast food combo meal McDonalds, or similar	??	$6.17 ₩8,410
Bottle of Coca-Cola (11 fl. oz)	$2.24 FKP1.68	$1.53 ₩2,083	-31.7%
Bottle of water (11 fl. oz)	$1.38 FKP1.03	$0.88 ₩1,207	-35.9%
Average			-64.7%

Falkland Islands (Islas Malvinas) vs. South Korea - Cost of restaurants

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pay 7.9% more for groceries

	Falkland Islands (Islas Malvinas)	South Korea
Bread 1 loaf	$3.03 FKP2.27	$3.04 ₩4,143	+0.2%
Local cheese (8 oz)	$1.46 FKP1.09	$6.12 ₩8,352	+320.4%
Milk (1 gallon)	$8.44 FKP6.32	$8.23 ₩11,221	-2.5%
Eggs 1 dozen	$7.09 FKP5.31	$2.94 ₩4,009	-58.6%
Boneless chicken breast (1 lb)	$4.32 FKP3.23	$4.11 ₩5,604	-4.9%
Apples (1 lb)	$4.25 FKP3.18	$4.00 ₩5,458	-5.9%
Bananas (1 lb)	$2.49 FKP1.86	$1.55 ₩2,114	-37.7%
Oranges (1 lb)	$4.79 FKP3.59	$3.00 ₩4,087	-37.4%
Tomatoes (1 lb)	$3.66 FKP2.74	$2.63 ₩3,590	-28.0%
Potatoes (1 lb)	$1.44 FKP1.08	$2.03 ₩2,774	+41.1%
Onions (1 lb)	$0.33 FKP0.25	$1.26 ₩1,722	+282.1%
Average			+7.9%

Falkland Islands (Islas Malvinas) vs. South Korea - Cost of groceries

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pay 30.0% less for transportation

	Falkland Islands (Islas Malvinas)	South Korea
Gasoline (1 gallon)	$7.16 FKP5.36	$5.01 ₩6,830	-30.0%
Monthly public transit pass	??	$46.10 ₩62,878
New Volkswagen Golf 1.4 (standard edition)	??	$28,394.53 ₩39M
Taxi trip in downtown area (5 miles)	??	$8.59 ₩11,720
Average			-30.0%

Falkland Islands (Islas Malvinas) vs. South Korea - Cost of transportation

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pay 64.1% less for housing

	Falkland Islands (Islas Malvinas)	South Korea
Internet connection 50 mbps or faster, cable/dsl	$447.53 FKP335.05	$24.34 ₩33,198	-94.6%
1-Bedroom apartment in downtown area	$1,453.58 FKP1,088.25	$561.73 ₩766K	-61.4%
1-Bedroom apartment outside city center	$1,057.15 FKP791.46	$387.83 ₩529K	-63.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$293.49 FKP219.73	$153.72 ₩210K	-47.6%
Average			-64.1%

Falkland Islands (Islas Malvinas) vs. South Korea - Cost of housing

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pay (unknown) more for childcare

	Falkland Islands (Islas Malvinas)	South Korea
Private preschool for 1 child, monthly	??	$545.93 ₩745K
Middle school for 1 child, two semesters	??	$20,214.53 ₩28M

Falkland Islands (Islas Malvinas) vs. South Korea - Cost of childcare

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pay 0.9% less for entertainment and sports

	Falkland Islands (Islas Malvinas)	South Korea
Domestic/local beer (1 pint)	$4.16 FKP3.12	$3.30 ₩4,499	-20.8%
Cappuccino in mid-range area	$4.20 FKP3.14	$3.66 ₩4,995	-12.7%
Pack of cigarettes Marlboro or similar	$16.11 FKP12.06	$3.35 ₩4,565	-79.2%
Monthly membership at local gym	$22.10 FKP16.54	$57.32 ₩78,173	+159.4%
Movie ticket to theater/cinema	$12.06 FKP9.03	$11.28 ₩15,390	-6.4%
Average			-0.9%

Falkland Islands (Islas Malvinas) vs. South Korea - Cost of entertainment and sports

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pay 36.1% less for clothing

	Falkland Islands (Islas Malvinas)	South Korea
Regular jeans Levi's brand	$112.32 FKP84.09	$67.53 ₩92,101	-39.9%
Regular dress from H&M or similar store	$92.50 FKP69.25	$53.43 ₩72,869	-42.2%
Running shoes Nike or Adidas	$158.57 FKP118.72	$78.10 ₩107K	-50.7%
Men's business shoes (leather)	$105.71 FKP79.15	$102.84 ₩140K	-2.7%
Average			-36.1%

Falkland Islands (Islas Malvinas) 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: Falkland Islands (Islas Malvinas) vs. South Korea

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