South Korea vs. Iowa Cost of Living Summary

South Korea is 17.9% cheaper than Iowa.

Restaurants
pay 50.1% less in South Korea
Groceries
pay 37.1% more in South Korea
Transportation
pay 4.4% more in South Korea
Housing
pay 45.3% less in South Korea
Childcare
pay 43.8% less in South Korea
Entertainment and Sports
pay 34.8% less in South Korea
Clothing
pay 6.9% more in South Korea

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

South Korea vs. Iowa Cost Breakdown

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

pay 50.1% less for restaurants

 
Iowa
South Korea
Basic meal with drink at inexpensive restaurant $15.83
 
$6.72
₩10,137
Fast food combo meal
McDonalds, or similar
$10.57
 
$5.50
₩8,290
Bottle of Coca-Cola (11 fl. oz) $2.46
 
$1.47
₩2,211

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pay 37.1% more for groceries

 
Iowa
South Korea
Bread
1 loaf
$2.77
 
$2.87
₩4,334
Local cheese (8 oz) $5.89
 
$5.63
₩8,483
Milk (1 gallon) $3.33
 
$7.67
₩11,574

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pay 4.4% more for transportation

 
Iowa
South Korea
Gasoline (1 gallon) $3.02
 
$4.40
₩6,636
Monthly public transit pass $38.07
 
$47.17
₩71,141
New Volkswagen Golf 1.4 (standard edition) $28,093.10
 
$26,440.41
₩40M

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pay 45.3% less for housing

 
Iowa
South Korea
Internet connection
50 mbps or faster, cable/dsl
$65.62
 
$21.68
₩32,701
1-Bedroom apartment in downtown area $1,069.66
 
$473.91
₩715K
1-Bedroom apartment outside city center $852.78
 
$357.19
₩539K

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pay 43.8% less for childcare

 
Iowa
South Korea
Private preschool for 1 child, monthly $1,152.45
 
$378.52
₩571K
Middle school for 1 child, two semesters $18,898.50
 
$15,055.40
₩23M

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pay 34.8% less for entertainment and sports

 
Iowa
South Korea
Domestic/local beer (1 pint) $4.44
 
$3.12
₩4,702
Cappuccino in mid-range area $5.43
 
$3.57
₩5,380
Pack of cigarettes
Marlboro or similar
$8.55
 
$3.18
₩4,802

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pay 6.9% more for clothing

 
Iowa
South Korea
Regular jeans
Levi's brand
$55.34
 
$66.46
₩100K
Regular dress
from H&M or similar store
$41.65
 
$50.68
₩76,434
Running shoes
Nike or Adidas
$81.56
 
$72.74
₩110K

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2026
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