Last update: Oct 2026

Cost of Living Comparison Between Seoul and Tasmania

For one person, living is cheaper in Seoul: $1,822 a month against $2,151 in Tasmania, rent and utilities included – about $3,900 less a year. Rent and utilities account for about half of the difference.

87

Cost of Living Index in Seoul
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Seoul Living Index
122

Cost of Living Index in Tasmania
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Tasmania Living Index

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Seoul

🇰🇷 South Korea

$1,822

/mo nomad

Tasmania

🇦🇺 Australia

$2,151

/mo nomad

Monthly Cost of Living

How much you'll spend in Seoul and in Tasmania

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 Tasmania actually costs, broken down by who's living it.

A single person spends $1,822 per month in Seoul vs $2,151 in Tasmania, rent included.

Seoul $1,822
Tasmania $2,151

A couple spends around $2,847 per month in Seoul vs $2,972 in Tasmania, rent included.

Seoul $2,847
Tasmania $2,972

A family of three spends $3,872 per month in Seoul vs $3,794 in Tasmania, rent included.

Seoul $3,872
Tasmania $3,794

Seoul is about 15% cheaper than Tasmania, and outside of rent the biggest gap is in eating out.

Both Seoul and Tasmania sit above the global median – Seoul by 36%, Tasmania by 61%.

Meal at Budget Restaurant

$9.10 ₩12.2K

$27.37 A$39.16

-66.75%

Three-Course Dinner for Two, Mid-Range

$67.0 ₩89.8K

$70.5 A$101

-4.98%

Fast Food Meal (McDonalds, etc)

$7.42 ₩9,941

$10.66 A$15.26

-30.39%

Cappuccino

$4.08 ₩5,470

$3.84 A$5.49

6.25%

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

$1.60 ₩2,141

$2.84 A$4.07

-43.66%

Water (0.33 liter bottle)

$0.80 ₩1,078

$2.07 A$2.96

-61.35%

Local Beer (0.5 liter draught)

$3.65 ₩4,886

$11.34 A$16.23

-67.81%

Imported Beer (0.33 liter bottle)

$5.94 ₩7,956

$6.80 A$9.73

-12.65%

Milk (1 liter)

$2.05 ₩2,742

$2.11 A$3.02

-2.84%

White Bread (500g)

$3.08 ₩4,130

$3.54 A$5.06

-12.99%

Rice (white) (1kg)

$4.21 ₩5,646

$2.21 A$3.16

90.50%

Eggs

$3.57 ₩4,784

$5.20 A$7.44

-31.35%

Local Cheese (1kg)

$17.95 ₩24.1K

$10.13 A$14.50

77.20%

Chicken Fillets (1kg)

$10.64 ₩14.3K

$12.52 A$17.91

-15.02%

Beef Round Steak (1kg)

$26.44 ₩35.4K

$16.01 A$22.91

65.15%

Apples (1kg)

$7.42 ₩9,946

$3.45 A$4.94

115.07%

Banana (1kg)

$3.53 ₩4,732

$2.68 A$3.84

31.72%

Oranges (1kg)

$5.87 ₩7,866

$2.71 A$3.88

116.61%

Tomato (1kg)

$6.37 ₩8,534

$3.92 A$5.61

62.50%

Potato (1kg)

$3.75 ₩5,028

$4.01 A$5.73

-6.48%

Onion (1kg)

$2.49 ₩3,337

$2.77 A$3.97

-10.11%

Lettuce (1 head)

$2.92 ₩3,911

$2.99 A$4.28

-2.34%

Water (1.5 liter bottle)

$1.15 ₩1,542

$0.92 A$1.32

25.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,408

$31.04 A$44.42

-89.40%

Wine (Bottle)

$18.49 ₩24.8K

$12.51 A$17.91

47.80%

Local Beer (0.5 liter bottle)

$2.28 ₩3,057

$7.60 A$10.88

-70.00%

Imported Beer (0.33 liter bottle)

$3.28 ₩4,398

$7.10 A$10.16

-53.80%

One-way Ticket (Public Transport)

$1.14 ₩1,526

Public Transport Monthly Pass (Regular Price)

$45.47 ₩60.9K

Taxi Start (Normal Tariff)

$3.48 ₩4,663

Taxi (Normal Tariff) (1km)

$0.60 ₩803

Taxi 1hour Waiting (Normal Tariff)

$8.70 ₩11.7K

Gasoline (1 liter)

$1.50 ₩2,004

$1.43 A$2.04

4.90%

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

$29.1K ₩39.0M

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

$28.2K ₩37.8M

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

$209 ₩279.9K

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

$35.13 ₩47.1K

$20.84 A$29.82

68.57%

Internet (50+ Mbps, Unlimited Data)

$21.18 ₩28.4K

$56.4 A$80.7

-62.42%

Gym Membership (Monthly)

$57.3 ₩76.8K

$62.1 A$88.9

-7.67%

Tennis Court (1 Hour on Weekend)

$15.89 ₩21.3K

Cinema Ticket

$11.33 ₩15.2K

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

$1,902 ₩2.5M

International Primary School, 1 Child (Yearly)

$22.5K ₩30.2M

Jeans (Levis 501 Or Similar)

$58.9 ₩78.9K

Summer Dress (H&M, Zara, etc)

$32.12 ₩43.0K

Sport Shoes (Adidas, Nike)

$70.1 ₩94.0K

$141 A$202

-50.36%

Men's Leather Business Shoes

$82.5 ₩110.5K

1-bedroom Apartment, City Center (Monthly)

$885 ₩1.2M

$1,123 A$1,607

-21.17%

1-bedroom Apartment, Outside City Center (Monthly)

$624 ₩835.5K

$1,116 A$1,596

-44.11%

3-bedroom Apartment, City Center (Monthly)

$2,494 ₩3.3M

$1,712 A$2,450

45.67%

3-bedroom Apartment, Outside City Center (Monthly)

$1,275 ₩1.7M

$1,400 A$2,004

-8.96%

Buy Apartment in City Center (m2)

$29.8K ₩40.0M

$6,780 A$9,703

340.14%

Buy Apartment Outside City Center (m2)

$11.8K ₩15.9M

Average Monthly Net Salary (After Tax)

$3,649 ₩4.9M

$4,642 A$6,644

-21.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.08

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

Last update for Seoul: October 4, 2026

Last update for Tasmania: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Seoul

$624 34.7%

Tasmania

$1.1K 52.8% 78.9% $492

Groceries & Markets

Seoul

$479 26.7%

Tasmania

$409 19.3% 14.7% $70

Monthly Utilities & Internet

Seoul

$265 14.8%

Tasmania

$77 * 3.7% 70.9% $188

Eating Out

Seoul

$184 10.2%

Tasmania

$387 18.3% 111% $203

Clothing & Footwear

Seoul

$110 6.1%

Tasmania

$64 * 3% 42% $46

Sport & Entertainment

Seoul

$80 4.5%

Tasmania

$62 * 2.9% 22.4% $18

Getting Around

Seoul

$57 3.1%

Tasmania

- * 0% 100%

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

Cost Breakdown

A central one-bedroom costs $885 in Seoul versus $1,123 in Tasmania. 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 27% higher in Tasmania, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $67.0 in Seoul versus $71.0 in Tasmania. Groceries tell a different story – $479 in Seoul vs $409 in Tasmania – so Tasmania wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Seoul

🇦🇺 Tasmania

🕒 Local time

16:33 4:33 PM

18:33 6:33 PM

2 h ahead of Seoul

🌤 Weather

👥 Population

9,509,458 Capital

💱 Currency

South Korean Won KRW ₩

Australian Dollar AUD $

📈 Exchange rate

10,000 KRW = 7.46 USD

10,000 KRW = 6.65 EUR

1 AUD = 0.699 USD

1 AUD = 0.623 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 10, 2026: 1 USD = 1,340 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

Australian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 AUD (1 AUD = 0.699 USD). 1 EUR = 1.61 AUD (1 AUD = 0.623 EUR).

USD to KRW in detail →

On the map

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Between locations

Seoul Tasmania 9,090 km ≈ 12 h nonstop flight

From you

Seoul
Tasmania

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 Tasmania: Cost of Living - Frequently Asked Questions

Tasmania costs about 18% more than Seoul, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,733 per month in Seoul and $3,226 in Tasmania. 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.

Monthly expenses with rent come to $1,822 in Seoul and $2,151 in Tasmania. That's a gap of about 18%.

Interestingly, groceries are about 17% cheaper in Tasmania – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Seoul, where all-in costs run around $1,822, than in Tasmania at $2,151. In Seoul it covers expenses comfortably, while in Tasmania 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, Tasmania makes more sense. Both are solid long-term options with distinct trade-offs.