South Korea vs. New Mexico Cost of Living Summary

South Korea is 20.6% cheaper than New Mexico.

Restaurants
pay 50.9% less in South Korea
Groceries
pay 20.7% more in South Korea
Transportation
pay 8.2% more in South Korea
Housing
pay 47.6% less in South Korea
Childcare
pay 45.3% less in South Korea
Entertainment and Sports
pay 34.3% less in South Korea
Clothing
pay 5.0% more in South Korea

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

South Korea vs. New Mexico Cost Breakdown

If you lived in South Korea instead of New Mexico, you would:

pay 50.9% less for restaurants

 
New Mexico
South Korea
Basic meal with drink at inexpensive restaurant $17.70
 
$6.72
₩9,031
Fast food combo meal
McDonalds, or similar
$10.10
 
$5.50
₩7,385
Bottle of Coca-Cola (11 fl. oz) $2.48
 
$1.47
₩1,970

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pay 20.7% more for groceries

 
New Mexico
South Korea
Bread
1 loaf
$3.08
 
$2.87
₩3,861
Local cheese (8 oz) $6.32
 
$5.63
₩7,557
Milk (1 gallon) $3.81
 
$7.67
₩10,311

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pay 8.2% more for transportation

 
New Mexico
South Korea
Gasoline (1 gallon) $2.94
 
$4.40
₩5,912
Monthly public transit pass $32.00
 
$47.17
₩63,378
New Volkswagen Golf 1.4 (standard edition) $29,636.00
 
$26,440.41
₩36M

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pay 47.6% less for housing

 
New Mexico
South Korea
Internet connection
50 mbps or faster, cable/dsl
$68.61
 
$21.68
₩29,133
1-Bedroom apartment in downtown area $1,407.44
 
$473.91
₩637K
1-Bedroom apartment outside city center $1,172.03
 
$357.19
₩480K

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pay 45.3% less for childcare

 
New Mexico
South Korea
Private preschool for 1 child, monthly $1,218.00
 
$378.52
₩509K
Middle school for 1 child, two semesters $19,225.20
 
$15,055.40
₩20M

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pay 34.3% less for entertainment and sports

 
New Mexico
South Korea
Domestic/local beer (1 pint) $5.40
 
$3.12
₩4,189
Cappuccino in mid-range area $4.78
 
$3.57
₩4,793
Pack of cigarettes
Marlboro or similar
$9.57
 
$3.18
₩4,278

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pay 5.0% more for clothing

 
New Mexico
South Korea
Regular jeans
Levi's brand
$48.30
 
$66.46
₩89,289
Regular dress
from H&M or similar store
$47.80
 
$50.68
₩68,093
Running shoes
Nike or Adidas
$92.18
 
$72.74
₩97,726

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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: October 2026
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