Liberia vs. South Korea Cost of Living Summary

Liberia is 36.4% cheaper than South Korea overall.

Restaurants
pay 40.3% more in Liberia
Groceries
pay 3.6% more in Liberia
Transportation
pay 23.6% less in Liberia
Housing
pay 56.4% less in Liberia
Childcare
pay 90.5% less in Liberia
Entertainment and Sports
pay 13.3% less in Liberia
Clothing
pay 38.5% less in Liberia

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

Liberia vs. South Korea Cost Breakdown

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

pay 40.3% more for restaurants

 
South Korea
Liberia
Basic meal with drink at inexpensive restaurant $7.06
₩9,422
$7.50
LRD1,280.63
Fast food combo meal
McDonalds, or similar
$6.17
₩8,230
$11.00
LRD1,878.26
Bottle of Coca-Cola (11 fl. oz) $1.53
₩2,039
$2.00
LRD341.50

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pay 3.6% more for groceries

 
South Korea
Liberia
Bread
1 loaf
$3.04
₩4,055
$1.79
LRD305.86
Local cheese (8 oz) $6.12
₩8,174
$3.86
LRD658.77
Milk (1 gallon) $8.23
₩10,982
$8.01
LRD1,367.97

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pay 23.6% less for transportation

 
South Korea
Liberia
Gasoline (1 gallon) $5.01
₩6,685
$4.69
LRD801.39
Monthly public transit pass $46.10
₩61,538
$20.00
LRD3,415.02
New Volkswagen Golf 1.4 (standard edition) $28,394.53
₩38M
$20,000.00
LRD3M

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pay 56.4% less for housing

 
South Korea
Liberia
Internet connection
50 mbps or faster, cable/dsl
$24.34
₩32,490
$180.00
LRD30,735.22
1-Bedroom apartment in downtown area $561.73
₩750K
$250.00
LRD42,687.81
1-Bedroom apartment outside city center $387.83
₩518K
$95.00
LRD16,221.37

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pay 90.5% less for childcare

 
South Korea
Liberia
Private preschool for 1 child, monthly $545.93
₩729K
$100.00
LRD17,075.12
Middle school for 1 child, two semesters $20,214.53
₩27M
$1,000.00
LRD171K

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pay 13.3% less for entertainment and sports

 
South Korea
Liberia
Domestic/local beer (1 pint) $3.30
₩4,403
$4.00
LRD683.00
Cappuccino in mid-range area $3.66
₩4,888
$3.00
LRD512.25
Pack of cigarettes
Marlboro or similar
$3.35
₩4,467
$5.00
LRD853.76

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pay 38.5% less for clothing

 
South Korea
Liberia
Regular jeans
Levi's brand
$67.53
₩90,139
$25.00
LRD4,268.78
Regular dress
from H&M or similar store
$53.43
₩71,316
$32.50
LRD5,549.42
Running shoes
Nike or Adidas
$78.10
₩104K
$55.00
LRD9,391.32

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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 October 2026). How we calculate this

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