Last update: Oct 2026

Cost of Living Comparison Between Melbourne and Mokpo

For one person, living is cheaper in Mokpo: $1,431 a month against $2,821 in Melbourne, rent and utilities included – about $16,700 less a year. Rent and utilities account for most of the difference.

138

Cost of Living Index in Melbourne
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Melbourne Living Index
69

Cost of Living Index in Mokpo
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Mokpo Living Index

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Melbourne

🇦🇺 Australia

$2,821

/mo nomad

Mokpo

🇰🇷 South Korea

$1,431

/mo nomad

Monthly Cost of Living

How much you'll spend in Melbourne and in Mokpo

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

Monthly costs for one person with rent: $2,821 in Melbourne versus $1,431 in Mokpo.

Melbourne $2,821
Mokpo $1,431

Estimated couple costs with rent: $4,235 in Melbourne versus $2,222 in Mokpo.

Melbourne $4,235
Mokpo $2,222

Monthly costs for a family of three with rent: $5,650 in Melbourne versus $3,013 in Mokpo.

Melbourne $5,650
Mokpo $3,013

Living in Melbourne is roughly 97% more expensive than in Mokpo, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Melbourne 109% above, Mokpo 6% above.

Meal at Budget Restaurant

$17.43 A$25.08

$7.49 ₩9,959

132.71%

Three-Course Dinner for Two, Mid-Range

$84.6 A$122

$34.10 ₩45.3K

147.95%

Fast Food Meal (McDonalds, etc)

$12.46 A$17.92

$6.71 ₩8,920

85.69%

Cappuccino

$4.11 A$5.91

$3.70 ₩4,916

11.08%

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

$3.06 A$4.40

$1.61 ₩2,138

90.06%

Water (0.33 liter bottle)

$2.52 A$3.62

$0.71 ₩943

254.93%

Local Beer (0.5 liter draught)

$9.80 A$14.10

$3.50 ₩4,657

180.00%

Imported Beer (0.33 liter bottle)

$8.57 A$12.33

$4.42 ₩5,873

93.89%

Milk (1 liter)

$1.48 A$2.14

$2.26 ₩3,002

-34.51%

White Bread (500g)

$2.94 A$4.23

$3.08 ₩4,097

-4.55%

Rice (white) (1kg)

$2.66 A$3.82

$2.78 ₩3,694

-4.32%

Eggs

$5.54 A$7.97

$2.68 ₩3,560

106.72%

Local Cheese (1kg)

$10.51 A$15.13

$11.07 ₩14.7K

-5.06%

Chicken Fillets (1kg)

$9.65 A$13.89

$7.84 ₩10.4K

23.09%

Beef Round Steak (1kg)

$15.22 A$21.91

$21.31 ₩28.3K

-28.58%

Apples (1kg)

$3.99 A$5.75

$7.70 ₩10.2K

-48.18%

Banana (1kg)

$3.02 A$4.34

$3.46 ₩4,604

-12.72%

Oranges (1kg)

$3.10 A$4.46

$7.24 ₩9,631

-57.18%

Tomato (1kg)

$4.82 A$6.93

$6.00 ₩7,972

-19.67%

Potato (1kg)

$3.03 A$4.36

$3.62 ₩4,812

-16.30%

Onion (1kg)

$2.44 A$3.52

$2.57 ₩3,422

-5.06%

Lettuce (1 head)

$2.46 A$3.54

$2.76 ₩3,671

-10.87%

Water (1.5 liter bottle)

$1.63 A$2.34

$1.33 ₩1,769

22.56%

Cigarettes 20 Pack (Marlboro, Camel)

$44.07 A$63.4

$3.32 ₩4,411

1227.41%

Wine (Bottle)

$12.70 A$18.28

$18.35 ₩24.4K

-30.79%

Local Beer (0.5 liter bottle)

$5.54 A$7.97

$2.26 ₩3,008

145.13%

Imported Beer (0.33 liter bottle)

$5.23 A$7.52

$3.53 ₩4,690

48.16%

One-way Ticket (Public Transport)

$3.74 A$5.38

$1.09 ₩1,452

243.12%

Public Transport Monthly Pass (Regular Price)

$138 A$198

Taxi Start (Normal Tariff)

$4.51 A$6.50

$3.37 ₩4,476

33.83%

Taxi (Normal Tariff) (1km)

$1.36 A$1.96

$0.61 ₩815

122.95%

Taxi 1hour Waiting (Normal Tariff)

$30.45 A$43.81

$12.76 ₩17.0K

138.64%

Gasoline (1 liter)

$1.47 A$2.12

$1.40 ₩1,864

5.00%

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

$29.0K A$41.7K

$29.1K ₩38.7M

-0.33%

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

$26.5K A$38.1K

$33.2K ₩44.2M

-20.31%

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

$234 A$336

$200 ₩266.0K

16.78%

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

$27.93 A$40.19

$36.71 ₩48.8K

-23.92%

Internet (50+ Mbps, Unlimited Data)

$55.7 A$80.2

$22.40 ₩29.8K

148.84%

Gym Membership (Monthly)

$49.40 A$71.1

$53.0 ₩70.4K

-6.70%

Tennis Court (1 Hour on Weekend)

$21.48 A$30.91

$11.81 ₩15.7K

81.88%

Cinema Ticket

$15.09 A$21.72

$11.12 ₩14.8K

35.70%

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

$2,371 A$3,412

$530 ₩704.7K

347.39%

International Primary School, 1 Child (Yearly)

$30.2K A$43.5K

$21.5K ₩28.6M

40.23%

Jeans (Levis 501 Or Similar)

$80.0 A$115

$64.9 ₩86.3K

23.16%

Summer Dress (H&M, Zara, etc)

$50.7 A$73.0

$63.2 ₩84.1K

-19.80%

Sport Shoes (Adidas, Nike)

$121 A$174

$74.3 ₩98.8K

62.33%

Men's Leather Business Shoes

$130 A$188

$99.2 ₩131.9K

31.46%

1-bedroom Apartment, City Center (Monthly)

$1,759 A$2,531

$482 ₩640.5K

265.16%

1-bedroom Apartment, Outside City Center (Monthly)

$1,390 A$2,000

$362 ₩481.3K

283.86%

3-bedroom Apartment, City Center (Monthly)

$3,494 A$5,027

$1,169 ₩1.6M

198.96%

3-bedroom Apartment, Outside City Center (Monthly)

$2,493 A$3,588

$750 ₩997.3K

232.41%

Buy Apartment in City Center (m2)

$6,926 A$9,967

$7,033 ₩9.4M

-1.51%

Buy Apartment Outside City Center (m2)

$6,445 A$9,274

$5,549 ₩7.4M

16.14%

Average Monthly Net Salary (After Tax)

$4,383 A$6,307

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

4.1

43.90%

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

Last update for Melbourne: October 10, 2026

Last update for Mokpo: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Melbourne

$1.4K 49.3%

Mokpo

$362 25.3% 73.9% $1K

Groceries & Markets

Melbourne

$384 13.6%

Mokpo

$428 29.9% 11.4% $44

Monthly Utilities & Internet

Melbourne

$317 11.3%

Mokpo

$259 18.1% 18.3% $58

Eating Out

Melbourne

$315 11.2%

Mokpo

$160 11.2% 49.1% $154

Clothing & Footwear

Melbourne

$172 6.1%

Mokpo

$136 9.5% 21% $36

Getting Around

Melbourne

$164 5.8%

Mokpo

$11 * 0.8% 93.4% $153

Sport & Entertainment

Melbourne

$80 2.8%

Mokpo

$75 5.3% 5.5% $4.4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,759 in Melbourne and $482 in Mokpo. Housing cost is often the main lever when comparing two cities.

Dining out: $85.0 in Melbourne vs $34.00 in Mokpo. Groceries flip the comparison at $384 vs $428, with Melbourne cheaper for home cooking.

Good to know

🇦🇺 Melbourne

🇰🇷 Mokpo

🕒 Local time

12:36 12:36 PM

10:36 10:36 AM

2 h behind Melbourne

🌤 Weather

👥 Population

5,031,195

237,739

💱 Currency

Australian Dollar AUD $

South Korean Won KRW ₩

📈 Exchange rate

1 AUD = 0.695 USD

1 AUD = 0.618 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

KRW, USD, EUR to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of October 18, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

South Korean Won exchange rates as of October 18, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

USD to AUD in detail →

On the map

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Between locations

Melbourne Mokpo 8,300 km ≈ 11 h nonstop flight

From you

Melbourne
Mokpo

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

Melbourne vs Mokpo: Cost of Living - Frequently Asked Questions

Melbourne and Mokpo differ by about 97% in total monthly costs ($2,821 vs $1,431 including rent). Mokpo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $4,231 in Melbourne and $2,146 in Mokpo to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,759 in Melbourne versus $482 in Mokpo. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Melbourne pay roughly 11% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $2,821 per month in Melbourne versus $1,431 in Mokpo – a 97% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,431 in Mokpo versus $2,821 in Melbourne, a $1,500 budget is realistic in Mokpo but tight or insufficient in Melbourne. The gap between the two cities makes Mokpo the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Melbourne and Mokpo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Mokpo gentler on the wallet – expenses run 97% less than in Melbourne. Beyond cost, consider language, visa policies, and how big the international community is in each city.