Last update: Oct 2026

Cost of Living Comparison Between South Korea and Spain

For one person, living is cheaper in South Korea: $1,596 a month against $1,775 in Spain, rent and utilities included – about $2,100 less a year. Higher rent and utilities in Spain outweigh lower spending on other living expenses.

South Korea
Spain
🇰🇷 South Korea
$1,596
/mo nomad
🇪🇸 Spain
$1,775
/mo nomad
Monthly Cost of Living

How much you'll spend in South Korea and in Spain

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

A single person spends $1,596 per month in South Korea vs $1,775 in Spain, rent included.

  • South Korea $1,596
  • Spain $1,775

A couple spends around $2,542 per month in South Korea vs $2,606 in Spain, rent included.

  • South Korea $2,542
  • Spain $2,606

A family of three spends $3,487 per month in South Korea vs $3,438 in Spain, rent included.

  • South Korea $3,487
  • Spain $3,438

The regional cost range is wider in Spain ($931–$2,610) than in South Korea ($1,044–$1,848), so city choice matters more there.

The cost of living in South Korea is roughly 10% lower than in Spain on average.

Both South Korea and Spain are pricier than the global median – South Korea by 17%, Spain by 30%.

Currency
🍽 Eating Out
South Korea
Spain
Difference
Meal at Budget Restaurant
$7.44 ₩9,936
$16.69 €14.95
-55.42%
Three-Course Dinner for Two, Mid-Range
$44.54 ₩59.5K
$55.7 €49.88
-20.04%
Fast Food Meal (McDonalds, etc)
$6.51 ₩8,694
$11.37 €10.18
-42.74%
Cappuccino
$3.83 ₩5,113
$2.42 €2.16
58.26%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.59 ₩2,125
$2.68 €2.40
-40.67%
Water (0.33 liter bottle)
$0.78 ₩1,039
$1.79 €1.60
-56.42%
Local Beer (0.5 liter draught)
$3.84 ₩5,122
$3.42 €3.07
12.28%
Imported Beer (0.33 liter bottle)
$4.42 ₩5,906
$3.88 €3.47
13.92%
🛒 Groceries & Markets
South Korea
Spain
Difference
Milk (1 liter)
$2.20 ₩2,937
$1.20 €1.07
83.33%
White Bread (500g)
$2.96 ₩3,954
$1.48 €1.33
100.00%
Rice (white) (1kg)
$3.54 ₩4,722
$1.67 €1.50
111.98%
Eggs
$3.22 ₩4,296
$3.42 €3.06
-5.85%
Local Cheese (1kg)
$13.36 ₩17.8K
$14.17 €12.69
-5.72%
Chicken Fillets (1kg)
$8.89 ₩11.9K
$8.33 €7.46
6.72%
Beef Round Steak (1kg)
$26.17 ₩34.9K
$16.20 €14.51
61.54%
Apples (1kg)
$8.49 ₩11.3K
$2.45 €2.20
246.53%
Banana (1kg)
$3.39 ₩4,521
$2.03 €1.82
67.00%
Oranges (1kg)
$6.42 ₩8,565
$2.08 €1.86
208.65%
Tomato (1kg)
$5.87 ₩7,840
$2.58 €2.31
127.52%
Potato (1kg)
$3.89 ₩5,196
$1.83 €1.64
112.57%
Onion (1kg)
$2.84 ₩3,796
$2.00 €1.79
42.00%
Lettuce (1 head)
$2.69 ₩3,589
$1.31 €1.17
105.34%
Water (1.5 liter bottle)
$1.15 ₩1,542
$0.77 €0.69
49.35%
Cigarettes 20 Pack (Marlboro, Camel)
$3.42 ₩4,570
$6.36 €5.70
-46.23%
Wine (Bottle)
$16.56 ₩22.1K
$5.64 €5.05
193.62%
Local Beer (0.5 liter bottle)
$2.13 ₩2,837
$1.30 €1.17
63.85%
Imported Beer (0.33 liter bottle)
$2.91 ₩3,883
$2.09 €1.87
39.23%
🚌 Getting Around
South Korea
Spain
Difference
One-way Ticket (Public Transport)
$1.10 ₩1,465
$1.64 €1.47
-32.93%
Public Transport Monthly Pass (Regular Price)
$48.35 ₩64.6K
$32.91 €29.48
46.92%
Taxi Start (Normal Tariff)
$3.52 ₩4,694
$4.43 €3.96
-20.54%
Taxi (Normal Tariff) (1km)
$0.65 ₩872
$1.47 €1.31
-55.78%
Taxi 1hour Waiting (Normal Tariff)
$9.13 ₩12.2K
$24.98 €22.38
-63.45%
Gasoline (1 liter)
$1.38 ₩1,844
$1.77 €1.59
-22.03%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.3K ₩40.4M
$35.5K €31.8K
-14.82%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.0K ₩40.0M
$30.6K €27.4K
-2.03%
🧾 Monthly Utilities & Internet
South Korea
Spain
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$210 ₩280.0K
$149 €134
40.48%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$40.27 ₩53.8K
$17.67 €15.83
127.90%
Internet (50+ Mbps, Unlimited Data)
$24.18 ₩32.3K
$31.88 €28.55
-24.15%
🎉 Sport & Entertainment
South Korea
Spain
Difference
Gym Membership (Monthly)
$53.8 ₩71.8K
$44.24 €39.62
21.56%
Tennis Court (1 Hour on Weekend)
$16.81 ₩22.4K
$15.29 €13.70
9.94%
Cinema Ticket
$11.50 ₩15.4K
$9.66 €8.65
19.05%
🧸 Childcare & Education
South Korea
Spain
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$985 ₩1.3M
$544 €487
81.03%
International Primary School, 1 Child (Yearly)
$23.7K ₩31.6M
$10.6K €9,499
123.05%
👕👟 Clothing & Footwear
South Korea
Spain
Difference
Jeans (Levis 501 Or Similar)
$58.9 ₩78.6K
$84.9 €76.0
-30.61%
Summer Dress (H&M, Zara, etc)
$45.48 ₩60.7K
$37.11 €33.24
22.55%
Sport Shoes (Adidas, Nike)
$78.3 ₩104.6K
$89.2 €79.9
-12.19%
Men's Leather Business Shoes
$97.7 ₩130.4K
$106 €94.7
-7.60%
🏠 Accommodation & Living
South Korea
Spain
Difference
1-bedroom Apartment, City Center (Monthly)
$645 ₩861.1K
$1,056 €946
-38.95%
1-bedroom Apartment, Outside City Center (Monthly)
$446 ₩595.3K
$808 €723
-44.81%
3-bedroom Apartment, City Center (Monthly)
$1,711 ₩2.3M
$1,621 €1,452
5.57%
3-bedroom Apartment, Outside City Center (Monthly)
$999 ₩1.3M
$1,246 €1,116
-19.83%
Buy Apartment in City Center (m2)
$15.8K ₩21.1M
$4,135 €3,704
281.32%
Buy Apartment Outside City Center (m2)
$8,299 ₩11.1M
$2,633 €2,358
215.22%
💵 Salaries & Financials
South Korea
Spain
Difference
Average Monthly Net Salary (After Tax)
$2,345 ₩3.1M
$1,999 €1,790
17.30%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.23
3.3
28.18%

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

Last update for South Korea: October 24, 2026

Last update for Spain: October 24, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
South Korea
$451
Spain
$272 39.8% $179
Accommodation & Living
South Korea
$446
Spain
$808 81.2% $362
Monthly Utilities & Internet
South Korea
$274
Spain
$199 27.5% $75
Eating Out
South Korea
$163
Spain
$239 47.3% $77
Clothing & Footwear
South Korea
$126
Spain
$143 13% $16
Sport & Entertainment
South Korea
$77
Spain
$64 17.2% $13
Getting Around
South Korea
$60
Spain
$51 13.9% $8.3

Cost Breakdown

Average rent: $493 in South Korea vs $920 in Spain. For reference, capital cities sit at $924 in Seoul and $1,508 in Madrid.

Average salary: $2,148 in South Korea vs $1,972 in Spain. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 87% higher in Spain.

Dining out costs 36% more in Spain.

Public transport is 55% more expensive in South Korea.

Good to know
🇰🇷 South Korea
🇪🇸 Spain
🕒 Local time
20:11 8:11 PM
12:11 12:11 PM
8 h behind South Korea
🌤 Weather
👥 Population
51,466,201
47,415,750
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to KRW – South Korean Won Converter

South Korean Won exchange rates as of November 1, 2026: 1 USD = 1,335 KRW (10,000 KRW = 7.49 USD). 1 EUR = 1,491 KRW (10,000 KRW = 6.71 EUR).

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • South Korea Spain 10,000 km ≈ 13 h nonstop flight
From you
  • South Korea
  • Spain

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
South Korea vs Spain: Cost of Living - Frequently Asked Questions
Which country is cheaper: South Korea or Spain?
South Korea is the cheaper option – living costs run roughly 10% lower on average.
Is rent more expensive in South Korea or in Spain?
Housing costs more in Spain: a central one-bedroom averages $920 versus $493 in South Korea.
Can you live in both South Korea and Spain on $2,000 per month?
$2,000 buys a comfortable lifestyle in South Korea, but in Spain it only works with careful planning outside the capital. Same money, very different lives.
Which country is better for expats: South Korea or Spain?
South Korea is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.

South Korea vs other spots: cost of living compared

Similar countries

Show times on the 12-hour clock, temperatures in °F and distances in miles?