Last update: Oct 2026

Cost of Living Comparison Between Magdeburg and Seoul

For one person, living costs are similar in Magdeburg and in Seoul: $1,872 and $1,848 a month, rent and utilities included.

90

Cost of Living Index in Magdeburg
Learn more

Magdeburg Living Index
89

Cost of Living Index in Seoul
Learn more

Seoul Living Index

Jump to prices

Magdeburg

🇩🇪 Germany

$1,872

/mo nomad

Seoul

🇰🇷 South Korea

$1,848

/mo nomad

Monthly Cost of Living

How much you'll spend in Magdeburg and in Seoul

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Magdeburg and in Seoul actually costs, broken down by who's living it.

A single person spends $1,872 per month in Magdeburg vs $1,848 in Seoul, rent included.

Magdeburg $1,872
Seoul $1,848

A couple spends around $2,769 per month in Magdeburg vs $2,986 in Seoul, rent included.

Magdeburg $2,769
Seoul $2,986

A family of three spends $3,665 per month in Magdeburg vs $4,125 in Seoul, rent included.

Magdeburg $3,665
Seoul $4,125

Magdeburg and Seoul have comparable living costs – the differences are in the details.

Both Magdeburg and Seoul sit above the global median – Magdeburg by 38%, Seoul by 36%.

Meal at Budget Restaurant

$13.05 €11.64

$9.05 ₩12.1K

44.20%

Three-Course Dinner for Two, Mid-Range

$66.2 €59.1

$68.3 ₩91.7K

-3.07%

Fast Food Meal (McDonalds, etc)

$11.37 €10.14

$7.35 ₩9,864

54.69%

Cappuccino

$3.12 €2.78

$4.12 ₩5,527

-24.27%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.66 €3.27

$1.64 ₩2,206

123.17%

Water (0.33 liter bottle)

$2.99 €2.67

$0.81 ₩1,082

269.14%

Local Beer (0.5 liter draught)

$4.41 €3.94

$3.71 ₩4,978

18.87%

Imported Beer (0.33 liter bottle)

$4.43 €3.95

$6.13 ₩8,232

-27.73%

Milk (1 liter)

$1.40 €1.25

$2.04 ₩2,741

-31.37%

White Bread (500g)

$2.06 €1.84

$3.21 ₩4,309

-35.83%

Rice (white) (1kg)

$3.96 €3.53

$4.39 ₩5,889

-9.79%

Eggs

$3.85 €3.43

$3.59 ₩4,820

7.24%

Local Cheese (1kg)

$14.55 €12.98

$18.23 ₩24.5K

-20.19%

Chicken Fillets (1kg)

$10.88 €9.70

$10.51 ₩14.1K

3.52%

Beef Round Steak (1kg)

$23.84 €21.27

$26.89 ₩36.1K

-11.34%

Apples (1kg)

$3.25 €2.90

$7.86 ₩10.5K

-58.65%

Banana (1kg)

$2.14 €1.91

$3.53 ₩4,737

-39.38%

Oranges (1kg)

$2.04 €1.82

$5.70 ₩7,657

-64.21%

Tomato (1kg)

$4.34 €3.88

$6.18 ₩8,293

-29.77%

Potato (1kg)

$1.40 €1.25

$3.76 ₩5,051

-62.77%

Onion (1kg)

$1.08 €0.96

$2.51 ₩3,371

-56.97%

Lettuce (1 head)

$1.44 €1.28

$2.82 ₩3,778

-48.94%

Water (1.5 liter bottle)

$1.61 €1.44

$1.11 ₩1,489

45.05%

Cigarettes 20 Pack (Marlboro, Camel)

$9.76 €8.71

$3.30 ₩4,430

195.76%

Wine (Bottle)

$5.64 €5.03

$18.64 ₩25.0K

-69.74%

Local Beer (0.5 liter bottle)

$1.22 €1.09

$2.42 ₩3,246

-49.59%

Imported Beer (0.33 liter bottle)

$1.71 €1.53

$3.36 ₩4,507

-49.11%

One-way Ticket (Public Transport)

$3.36 €3.00

$1.19 ₩1,599

182.35%

Public Transport Monthly Pass (Regular Price)

$71.5 €63.8

$46.13 ₩61.9K

54.91%

Taxi Start (Normal Tariff)

$11.38 €10.15

$3.55 ₩4,768

220.56%

Taxi (Normal Tariff) (1km)

$2.76 €2.47

$0.60 ₩810

360.00%

Taxi 1hour Waiting (Normal Tariff)

$11.12 €9.92

$9.08 ₩12.2K

22.47%

Gasoline (1 liter)

$2.09 €1.86

$1.44 ₩1,930

45.14%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$33.3K €29.7K

$30.3K ₩40.6M

9.97%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$38.5K €34.3K

$28.9K ₩38.8M

33.24%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$431 €384

$213 ₩285.3K

102.63%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$25.89 €23.10

$35.83 ₩48.1K

-27.74%

Internet (50+ Mbps, Unlimited Data)

$38.07 €33.97

$21.39 ₩28.7K

77.98%

Gym Membership (Monthly)

$38.13 €34.02

$61.6 ₩82.7K

-38.13%

Tennis Court (1 Hour on Weekend)

$31.92 €28.48

$16.41 ₩22.0K

94.52%

Cinema Ticket

$13.82 €12.33

$11.42 ₩15.3K

21.02%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$226 €202

$1,948 ₩2.6M

-88.37%

International Primary School, 1 Child (Yearly)

$22.8K ₩30.6M

Jeans (Levis 501 Or Similar)

$89.5 €79.9

$59.8 ₩80.2K

49.75%

Summer Dress (H&M, Zara, etc)

$33.51 €29.90

$34.19 ₩45.9K

-1.99%

Sport Shoes (Adidas, Nike)

$107 €95.5

$66.0 ₩88.6K

62.13%

Men's Leather Business Shoes

$166 €148

$81.9 ₩109.9K

102.97%

1-bedroom Apartment, City Center (Monthly)

$607 €542

$924 ₩1.2M

-34.28%

1-bedroom Apartment, Outside City Center (Monthly)

$443 €396

$659 ₩884.7K

-32.73%

3-bedroom Apartment, City Center (Monthly)

$1,160 €1,035

$3,012 ₩4.0M

-61.50%

3-bedroom Apartment, Outside City Center (Monthly)

$747 €667

$1,440 ₩1.9M

-48.10%

Buy Apartment in City Center (m2)

$3,878 €3,460

$27.2K ₩36.5M

-85.72%

Buy Apartment Outside City Center (m2)

$1,837 €1,639

$11.3K ₩15.2M

-83.73%

Average Monthly Net Salary (After Tax)

$2,733 €2,438

$3,570 ₩4.8M

-23.44%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.95

4.08

-3.19%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Magdeburg: October 24, 2026

Last update for Seoul: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Monthly Utilities & Internet

Magdeburg

$495 26.4%

Seoul

$270 14.6% 45.5% $225

Accommodation & Living

Magdeburg

$443 23.7%

Seoul

$659 35.7% 48.7% $216

Groceries & Markets

Magdeburg

$347 18.5%

Seoul

$483 26.2% 39.5% $137

Eating Out

Magdeburg

$233 12.5%

Seoul

$184 10% 21% $49

Clothing & Footwear

Magdeburg

$178 9.5%

Seoul

$109 5.9% 39% $69

Getting Around

Magdeburg

$110 5.9%

Seoul

$57 3.1% 47.8% $53

Sport & Entertainment

Magdeburg

$66 3.5%

Seoul

$84 4.6% 28.4% $19

Cost Breakdown

A central one-bedroom costs $607 in Magdeburg versus $924 in Seoul. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 31% higher in Seoul. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $66 in Magdeburg versus $68 in Seoul. Monthly groceries follow the same trend: $347 vs $483 – making Magdeburg the more affordable choice for daily food spending.

Good to know

🇩🇪 Magdeburg

🇰🇷 Seoul

🕒 Local time

19:25 7:25 PM

03:25 3:25 AM

8 h ahead of Magdeburg

🌤 Weather

👥 Population

231,021

9,509,458 Capital

💱 Currency

Euro EUR €

South Korean Won KRW ₩

📈 Exchange rate

1 EUR = 1.12 USD

10,000 KRW = 7.45 USD

10,000 KRW = 6.68 EUR

Exchange rates and currency converter

KRW, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

South Korean Won exchange rates as of November 2, 2026: 1 USD = 1,342 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,498 KRW (10,000 KRW = 6.68 EUR).

USD to EUR in detail →

On the map

Lowest

Highest

Between locations

Magdeburg Seoul 8,250 km ≈ 11 h nonstop flight

From you

Magdeburg
Seoul

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Magdeburg vs Seoul: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,808 per month in Magdeburg and $2,771 in Seoul. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Magdeburg, especially for central apartments: a one-bedroom in the center costs $607 there versus $924 in Seoul.

Interestingly, groceries are about 28% cheaper in Magdeburg – one category where the pricier city actually offers better value.

Kindergarten costs $226 per month in Magdeburg and $1,948 in Seoul. For families with young kids, this one expense can tip the scales when choosing between the two cities.

It depends on your priorities. Magdeburg has an edge in some lifestyle areas, with costs from $1,848 in Seoul to $1,872 in Magdeburg. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.