Last update: Oct 2026

Cost of Living Comparison Between Seoul and South Yarra

For one person, living is cheaper in Seoul: $1,794 a month against $2,436 in South Yarra, rent and utilities included – about $7,700 less a year. Rent and utilities account for most of the difference.

88

Cost of Living Index in Seoul
Learn more

Seoul Living Index
119

Cost of Living Index in South Yarra
Learn more

South Yarra Living Index

Jump to prices

Seoul

🇰🇷 South Korea

$1,794

/mo nomad

South Yarra

🇦🇺 Australia

$2,436

/mo nomad

Monthly Cost of Living

How much you'll spend in Seoul and in South Yarra

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

A single person spends $1,794 per month in Seoul vs $2,436 in South Yarra, rent included.

Seoul $1,794
South Yarra $2,436

A couple spends around $2,863 per month in Seoul vs $3,527 in South Yarra, rent included.

Seoul $2,863
South Yarra $3,527

A family of three spends $3,931 per month in Seoul vs $4,618 in South Yarra, rent included.

Seoul $3,931
South Yarra $4,618

Seoul is about 26% cheaper than South Yarra, and outside of rent the biggest gap is in groceries.

Both Seoul and South Yarra sit above the global median – Seoul by 33%, South Yarra by 80%.

Meal at Budget Restaurant

$8.80 ₩11.7K

$17.64 A$25.39

-50.11%

Three-Course Dinner for Two, Mid-Range

$68.4 ₩90.9K

$84.5 A$122

-19.12%

Fast Food Meal (McDonalds, etc)

$7.54 ₩10.0K

$8.25 A$11.87

-8.61%

Cappuccino

$4.23 ₩5,624

$3.53 A$5.08

19.83%

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

$1.63 ₩2,167

$2.07 A$2.98

-21.26%

Water (0.33 liter bottle)

$0.74 ₩985

$1.71 A$2.46

-56.73%

Local Beer (0.5 liter draught)

$3.64 ₩4,843

$9.78 A$14.08

-62.78%

Imported Beer (0.33 liter bottle)

$6.15 ₩8,175

$8.24 A$11.85

-25.36%

Milk (1 liter)

$2.01 ₩2,679

$1.54 A$2.22

30.52%

White Bread (500g)

$3.13 ₩4,164

$2.74 A$3.95

14.23%

Rice (white) (1kg)

$4.32 ₩5,744

$1.41 A$2.03

206.38%

Eggs

$3.61 ₩4,794

$4.24 A$6.10

-14.86%

Local Cheese (1kg)

$17.83 ₩23.7K

$10.35 A$14.89

72.27%

Chicken Fillets (1kg)

$10.45 ₩13.9K

$6.94 A$9.99

50.58%

Beef Round Steak (1kg)

$25.80 ₩34.3K

$15.17 A$21.83

70.07%

Apples (1kg)

$7.66 ₩10.2K

$2.85 A$4.10

168.77%

Banana (1kg)

$3.38 ₩4,499

$2.03 A$2.92

66.50%

Oranges (1kg)

$5.81 ₩7,723

$1.36 A$1.95

327.21%

Tomato (1kg)

$6.41 ₩8,520

$2.80 A$4.03

128.93%

Potato (1kg)

$3.75 ₩4,983

$1.41 A$2.03

165.96%

Onion (1kg)

$2.54 ₩3,375

$2.12 A$3.04

19.81%

Lettuce (1 head)

$2.84 ₩3,782

$2.41 A$3.47

17.84%

Water (1.5 liter bottle)

$1.11 ₩1,472

$1.64 A$2.35

-32.32%

Cigarettes 20 Pack (Marlboro, Camel)

$3.35 ₩4,455

$31.82 A$45.79

-89.47%

Wine (Bottle)

$18.49 ₩24.6K

$12.30 A$17.69

50.33%

Local Beer (0.5 liter bottle)

$2.40 ₩3,185

$5.70 A$8.20

-57.89%

Imported Beer (0.33 liter bottle)

$3.37 ₩4,480

$5.26 A$7.56

-35.93%

One-way Ticket (Public Transport)

$1.14 ₩1,521

$2.92 A$4.20

-60.96%

Public Transport Monthly Pass (Regular Price)

$46.11 ₩61.3K

$81.7 A$118

-43.59%

Taxi Start (Normal Tariff)

$3.49 ₩4,643

$4.47 A$6.43

-21.92%

Taxi (Normal Tariff) (1km)

$0.63 ₩840

$1.42 A$2.05

-55.63%

Taxi 1hour Waiting (Normal Tariff)

$8.86 ₩11.8K

$30.47 A$43.85

-70.92%

Gasoline (1 liter)

$1.51 ₩2,005

$1.31 A$1.88

15.27%

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

$29.3K ₩38.9M

$28.4K A$40.9K

2.93%

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

$28.2K ₩37.5M

$26.6K A$38.2K

6.19%

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

$218 ₩289.2K

$232 A$334

-6.23%

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

$35.15 ₩46.7K

$27.31 A$39.30

28.71%

Internet (50+ Mbps, Unlimited Data)

$21.29 ₩28.3K

$41.68 A$60.0

-48.92%

Gym Membership (Monthly)

$58.1 ₩77.2K

$55.2 A$79.4

5.28%

Tennis Court (1 Hour on Weekend)

$16.10 ₩21.4K

$16.96 A$24.40

-5.07%

Cinema Ticket

$11.31 ₩15.0K

$13.70 A$19.71

-17.45%

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

$1,948 ₩2.6M

$2,417 A$3,478

-19.42%

International Primary School, 1 Child (Yearly)

$22.9K ₩30.4M

$30.4K A$43.7K

-24.80%

Jeans (Levis 501 Or Similar)

$57.0 ₩75.8K

$81.4 A$117

-29.96%

Summer Dress (H&M, Zara, etc)

$33.39 ₩44.4K

$50.8 A$73.1

-34.26%

Sport Shoes (Adidas, Nike)

$71.5 ₩95.0K

$117 A$168

-38.86%

Men's Leather Business Shoes

$82.5 ₩109.7K

$132 A$190

-37.55%

1-bedroom Apartment, City Center (Monthly)

$901 ₩1.2M

$1,367 A$1,967

-34.10%

1-bedroom Apartment, Outside City Center (Monthly)

$612 ₩813.5K

$1,163 A$1,674

-47.40%

3-bedroom Apartment, City Center (Monthly)

$2,526 ₩3.4M

$2,109 A$3,035

19.78%

3-bedroom Apartment, Outside City Center (Monthly)

$1,266 ₩1.7M

$1,788 A$2,573

-29.19%

Buy Apartment in City Center (m2)

$29.4K ₩39.1M

$5,707 A$8,212

415.54%

Buy Apartment Outside City Center (m2)

$11.9K ₩15.8M

$5,659 A$8,143

110.36%

Average Monthly Net Salary (After Tax)

$3,650 ₩4.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

4.08

5.9

-30.85%

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

Last update for Seoul: October 11, 2026

Last update for South Yarra: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Seoul

$612 34.1%

South Yarra

$1.2K 47.8% 90.1% $551

Groceries & Markets

Seoul

$477 26.6%

South Yarra

$324 13.3% 32.1% $153

Monthly Utilities & Internet

Seoul

$274 15.3%

South Yarra

$301 12.4% 9.9% $27

Eating Out

Seoul

$184 10.2%

South Yarra

$289 11.9% 57.1% $105

Clothing & Footwear

Seoul

$110 6.1%

South Yarra

$172 7% 56% $62

Sport & Entertainment

Seoul

$81 4.5%

South Yarra

$83 3.4% 2.3% $1.9

Getting Around

Seoul

$57 3.2%

South Yarra

$105 4.3% 83.2% $48

Cost Breakdown

A central one-bedroom costs $901 in Seoul versus $1,367 in South Yarra. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $68.0 in Seoul versus $85.0 in South Yarra. Groceries tell a different story – $477 in Seoul vs $324 in South Yarra – so South Yarra wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Seoul

🇦🇺 South Yarra

🕒 Local time

08:46 8:46 AM

10:46 10:46 AM

2 h ahead of Seoul

🌤 Weather

👥 Population

9,509,458 Capital

25,147

💱 Currency

South Korean Won KRW ₩

Australian Dollar AUD $

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1 AUD = 0.695 USD

1 AUD = 0.618 EUR

Exchange rates and currency converter

AUD, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Australian Dollar exchange rates as of October 17, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

USD to KRW in detail →

On the map

Lowest

Highest

Between locations

Seoul South Yarra 8,590 km ≈ 11 h nonstop flight

From you

Seoul
South Yarra

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

Seoul vs South Yarra: Cost of Living - Frequently Asked Questions

South Yarra costs about 36% more than Seoul, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,692 per month in Seoul and $3,654 in South Yarra. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Seoul, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 77% less in Seoul. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,948 per month in Seoul and $2,417 in South Yarra. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Seoul, where all-in costs run around $1,794, than in South Yarra at $2,436. In Seoul it covers expenses comfortably, while in South Yarra it requires careful planning or may not stretch far enough.

Families tend to lean toward Seoul – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Seoul. If higher salaries, better infrastructure, or specific career opportunities are the priority, South Yarra makes more sense. Both are solid long-term options with distinct trade-offs.