Last update: Oct 2026

Cost of Living Comparison Between Singapore and Seogwipo

For one person, living is cheaper in Seogwipo: $1,427 a month against $3,500 in Singapore, rent and utilities included – about $24,900 less a year. Rent and utilities account for most of the difference.

169

Cost of Living Index in Singapore
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Singapore Living Index
69

Cost of Living Index in Seogwipo
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Seogwipo Living Index

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Singapore

🇸🇬 Singapore

$3,500

/mo nomad

Seogwipo

🇰🇷 South Korea

$1,427

/mo nomad

Monthly Cost of Living

How much you'll spend in Singapore and in Seogwipo

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

Monthly costs for one person with rent: $3,500 in Singapore versus $1,427 in Seogwipo.

Singapore $3,500
Seogwipo $1,427

Estimated couple costs with rent: $5,265 in Singapore versus $2,220 in Seogwipo.

Singapore $5,265
Seogwipo $2,220

Monthly costs for a family of three with rent: $7,030 in Singapore versus $3,014 in Seogwipo.

Singapore $7,030
Seogwipo $3,014

Living in Singapore is roughly 145% more expensive than in Seogwipo, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Singapore 159% above, Seogwipo 6% above.

Meal at Budget Restaurant

$11.76 SGD 15.05

$7.43 ₩9,873

58.28%

Three-Course Dinner for Two, Mid-Range

$70.6 SGD 90.4

$35.06 ₩46.6K

101.43%

Fast Food Meal (McDonalds, etc)

$8.55 SGD 10.94

$6.50 ₩8,637

31.54%

Cappuccino

$5.20 SGD 6.66

$3.57 ₩4,741

45.66%

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

$1.77 SGD 2.27

$1.60 ₩2,129

10.62%

Water (0.33 liter bottle)

$1.23 SGD 1.58

$0.67 ₩886

83.58%

Local Beer (0.5 liter draught)

$8.26 SGD 10.58

$3.53 ₩4,694

133.99%

Imported Beer (0.33 liter bottle)

$10.17 SGD 13.01

$4.49 ₩5,964

126.50%

Milk (1 liter)

$3.04 SGD 3.89

$2.24 ₩2,984

35.71%

White Bread (500g)

$2.55 SGD 3.26

$3.14 ₩4,176

-18.79%

Rice (white) (1kg)

$2.86 SGD 3.66

$2.64 ₩3,513

8.33%

Eggs

$3.53 SGD 4.51

$2.61 ₩3,470

35.25%

Local Cheese (1kg)

$21.12 SGD 27.02

$10.88 ₩14.5K

94.12%

Chicken Fillets (1kg)

$9.90 SGD 12.67

$8.11 ₩10.8K

22.07%

Beef Round Steak (1kg)

$25.42 SGD 32.53

$21.44 ₩28.5K

18.56%

Apples (1kg)

$4.57 SGD 5.85

$7.80 ₩10.4K

-41.41%

Banana (1kg)

$3.13 SGD 4.00

$3.63 ₩4,831

-13.77%

Oranges (1kg)

$4.72 SGD 6.04

$7.59 ₩10.1K

-37.81%

Tomato (1kg)

$2.23 SGD 2.85

$6.02 ₩8,003

-62.96%

Potato (1kg)

$2.57 SGD 3.29

$3.61 ₩4,802

-28.81%

Onion (1kg)

$2.29 SGD 2.93

$2.62 ₩3,490

-12.60%

Lettuce (1 head)

$1.87 SGD 2.39

$2.83 ₩3,764

-33.92%

Water (1.5 liter bottle)

$1.44 SGD 1.84

$1.27 ₩1,695

13.39%

Cigarettes 20 Pack (Marlboro, Camel)

$13.97 SGD 17.88

$3.46 ₩4,598

303.76%

Wine (Bottle)

$23.48 SGD 30.05

$18.68 ₩24.8K

25.70%

Local Beer (0.5 liter bottle)

$4.54 SGD 5.80

$2.20 ₩2,926

106.36%

Imported Beer (0.33 liter bottle)

$4.44 SGD 5.68

$3.48 ₩4,629

27.59%

One-way Ticket (Public Transport)

$1.57 SGD 2.01

$1.09 ₩1,445

44.04%

Public Transport Monthly Pass (Regular Price)

$93.8 SGD 120

Taxi Start (Normal Tariff)

$3.64 SGD 4.66

$3.19 ₩4,243

14.11%

Taxi (Normal Tariff) (1km)

$0.76 SGD 0.97

$0.61 ₩809

24.59%

Taxi 1hour Waiting (Normal Tariff)

$16.14 SGD 20.66

$12.89 ₩17.1K

25.21%

Gasoline (1 liter)

$2.45 SGD 3.14

$1.39 ₩1,850

76.26%

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

$155.2K SGD 198.5K

$29.7K ₩39.5M

422.31%

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

$148.5K SGD 190.0K

$33.2K ₩44.1M

347.60%

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

$172 SGD 220

$197 ₩261.9K

-12.90%

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

$12.39 SGD 15.86

$36.18 ₩48.1K

-65.75%

Internet (50+ Mbps, Unlimited Data)

$26.21 SGD 33.54

$22.11 ₩29.4K

18.54%

Gym Membership (Monthly)

$108 SGD 138

$51.6 ₩68.6K

109.42%

Tennis Court (1 Hour on Weekend)

$12.31 SGD 15.75

$11.92 ₩15.8K

3.27%

Cinema Ticket

$11.64 SGD 14.90

$11.38 ₩15.1K

2.28%

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

$1,481 SGD 1,895

$523 ₩695.5K

183.07%

International Primary School, 1 Child (Yearly)

$28.3K SGD 36.3K

$22.0K ₩29.3M

28.74%

Jeans (Levis 501 Or Similar)

$80.6 SGD 103

$64.5 ₩85.7K

24.90%

Summer Dress (H&M, Zara, etc)

$50.1 SGD 64.1

$62.8 ₩83.6K

-20.26%

Sport Shoes (Adidas, Nike)

$112 SGD 143

$75.4 ₩100.3K

48.20%

Men's Leather Business Shoes

$129 SGD 165

$98.2 ₩130.5K

31.31%

1-bedroom Apartment, City Center (Monthly)

$3,015 SGD 3,858

$479 ₩637.3K

529.00%

1-bedroom Apartment, Outside City Center (Monthly)

$2,171 SGD 2,778

$362 ₩482.0K

498.84%

3-bedroom Apartment, City Center (Monthly)

$5,842 SGD 7,475

$1,189 ₩1.6M

391.10%

3-bedroom Apartment, Outside City Center (Monthly)

$4,044 SGD 5,174

$748 ₩994.7K

440.47%

Buy Apartment in City Center (m2)

$23.8K SGD 30.4K

$7,181 ₩9.5M

231.26%

Buy Apartment Outside City Center (m2)

$16.8K SGD 21.4K

$5,441 ₩7.2M

207.88%

Average Monthly Net Salary (After Tax)

$4,385 SGD 5,611

$1,097 ₩1.5M

299.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.44

4.1

-40.49%

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

Last update for Singapore: October 13, 2026

Last update for Seogwipo: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Singapore

$2.2K 62%

Seogwipo

$362 25.4% 83.3% $1.8K

Groceries & Markets

Singapore

$458 13.1%

Seogwipo

$432 30.2% 5.7% $26

Eating Out

Singapore

$256 7.3%

Seogwipo

$157 11% 38.5% $98

Monthly Utilities & Internet

Singapore

$210 6%

Seogwipo

$255 17.9% 21.5% $45

Clothing & Footwear

Singapore

$167 4.8%

Seogwipo

$135 9.5% 19% $32

Sport & Entertainment

Singapore

$131 3.8%

Seogwipo

$74 5.2% 43.4% $57

Getting Around

Singapore

$107 3.1%

Seogwipo

$11 * 0.7% 90.2% $97

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 $3,015 in Singapore and $479 in Seogwipo. Housing cost is often the main lever when comparing two cities.

Singapore pays 300% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $71.0 in Singapore vs $35.00 in Seogwipo for a mid-range dinner for two. Groceries echo the gap at $458 vs $432 per month, with Seogwipo cheaper across the board.

Good to know

🇸🇬 Singapore

🇰🇷 Seogwipo

🕒 Local time

08:26 8:26 AM

09:26 9:26 AM

1 h ahead of Singapore

🌤 Weather

👥 Population

5,535,002 Capital

155,641

💱 Currency

Singapore Dollar SGD $

South Korean Won KRW ₩

📈 Exchange rate

1 SGD = 0.781 USD

1 SGD = 0.695 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

KRW, USD, EUR to SGD – Singapore Dollar Converter

🇺🇸 United States Dollar ($)

🇸🇬 Singapore Dollar ($)

Singapore Dollar exchange rates as of October 18, 2026: 1 USD = 1.28 SGD (1 SGD = 0.781 USD). 1 EUR = 1.44 SGD (1 SGD = 0.695 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 SGD in detail →

On the map

Lowest

Highest

Between locations

Singapore Seogwipo 4,270 km ≈ 6 h nonstop flight

From you

Singapore
Seogwipo

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

Singapore vs Seogwipo: Cost of Living - Frequently Asked Questions

Singapore and Seogwipo differ by about 145% in total monthly costs ($3,500 vs $1,427 including rent). Seogwipo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 300% higher in Singapore, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $3,015 in Singapore versus $479 in Seogwipo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,481 in Singapore versus $523 in Seogwipo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Seogwipo – a meal for two runs $35.00 versus $71.0 in Singapore. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,427 in Seogwipo versus $3,500 in Singapore, a $2,000 budget is realistic in Seogwipo but tight or insufficient in Singapore. The gap between the two cities makes Seogwipo 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, Singapore and Seogwipo 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 Seogwipo gentler on the wallet – expenses run 145% less than in Singapore. Beyond cost, consider language, visa policies, and how big the international community is in each city.