Cost of living comparison
Ecuador is 22.7% cheaper than South Korea overall.
- Restaurants
-
pay 18.9% less in Ecuador
- Groceries
-
pay 54.5% less in Ecuador
- Transportation
-
pay 12.9% less in Ecuador
- Housing
-
pay 6.8% less in Ecuador
- Childcare
-
pay 59.0% less in Ecuador
- Entertainment and Sports
-
pay 7.8% less in Ecuador
- Clothing
-
pay 0.9% more in Ecuador
Expenses including childcare, groceries, restaurants, transportation, entertainment and sports, and housing are lower in Ecuador.
If you lived in Ecuador instead of South Korea, you would:
pay 18.9% less for restaurants
South Korea
|
Ecuador
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.16
₩8,964
|
$3.39
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,624
|
$6.83
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,142
|
$0.90
|
|
Bottle of water (11 fl. oz) |
$0.79
₩1,152
|
$0.62
|
|
pay 54.5% less for groceries
South Korea
|
Ecuador
|
||
---|---|---|---|
Bread
1 loaf
|
$3.08
₩4,477
|
$1.64
|
|
Local cheese (8 oz) |
$5.40
₩7,865
|
$3.00
|
|
Milk (1 gallon) |
$7.46
₩10,854
|
$4.18
|
|
Eggs
1 dozen
|
$2.76
₩4,013
|
$2.19
|
|
Boneless chicken breast (1 lb) |
$3.32
₩4,833
|
$2.60
|
|
Apples (1 lb) |
$3.17
₩4,610
|
$0.87
|
|
Bananas (1 lb) |
$1.49
₩2,166
|
$0.53
|
|
Oranges (1 lb) |
$2.53
₩3,684
|
$0.59
|
|
Tomatoes (1 lb) |
$2.41
₩3,514
|
$0.54
|
|
Potatoes (1 lb) |
$1.82
₩2,656
|
$0.53
|
|
Onions (1 lb) |
$1.21
₩1,761
|
$0.49
|
|
pay 12.9% less for transportation
South Korea
|
Ecuador
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.39
₩6,392
|
$2.46
|
|
Monthly public transit pass |
$45.32
₩65,947
|
$24.42
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩39,325,801
|
$23,111.11
|
|
Taxi trip in downtown area (5 miles) |
$8.17
₩11,892
|
$12.51
|
|
pay 6.8% less for housing
South Korea
|
Ecuador
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩25,692
|
$30.71
|
|
1-Bedroom apartment in downtown area |
$426.93
₩621,300
|
$344.59
|
|
1-Bedroom apartment outside city center |
$328.41
₩477,929
|
$278.18
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩162,150
|
$37.19
|
|
pay 59.0% less for childcare
South Korea
|
Ecuador
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$373.40
₩543,398
|
$227.49
|
|
Middle school for 1 child, two semesters |
$22,907.58
₩33,336,660
|
$4,800.83
|
|
pay 7.8% less for entertainment and sports
South Korea
|
Ecuador
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.09
₩4,503
|
$2.17
|
|
Cappuccino in mid-range area |
$3.39
₩4,932
|
$2.37
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,677
|
$5.97
|
|
Monthly membership at local gym |
$45.71
₩66,522
|
$32.03
|
|
Movie ticket to theater/cinema |
$10.10
₩14,696
|
$6.55
|
|
pay 0.9% more for clothing
South Korea
|
Ecuador
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$60.70
₩88,341
|
$53.26
|
|
Regular dress
from H&M or similar store
|
$44.52
₩64,792
|
$46.74
|
|
Running shoes
Nike or Adidas
|
$72.99
₩106,223
|
$93.54
|
|
Men's business shoes (leather) |
$93.73
₩136,402
|
$77.58
|
|
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