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Cost of Living · CO vs KR

🇨🇴 Medellín vs 🇰🇷 Seoul: what everyday life costs

Monthly essentials: $736 in Colombia vs $1,390 in South Korea — 88.85% more expensive.

Biggest differences

Much cheaper in South Korea

  • 🍻 Imported beer, 330ml bottle: 23.2%
  • 👖 Jeans (mid-range brand): 23.32%
  • 👟 Running shoes (brand): 23.33%

Closest to Colombia prices

  • 🏢 Rent: 3-bedroom, city center: +108.24%
  • 🏡 Rent: 1-bedroom, outside center: +108.24%
  • 🏙️ Rent: 1-bedroom, city center: +108.23%

The full basket (32 items)

Item Colombia South Korea Diff
Housing
🏙️ Rent: 1-bedroom, city center $450 $937 (1,332,671 KRW) +108.23%
🏡 Rent: 1-bedroom, outside center $360 $750 (1,066,134 KRW) +108.24%
🏢 Rent: 3-bedroom, city center $823 $1,713 (2,436,897 KRW) +108.24%
Food out
🍜 Meal, inexpensive restaurant $6.19 $11.02 (15,675 KRW) +78.03%
🍽️ Dinner for two, mid-range $25.80 $45.90 (65,290 KRW) +77.91%
🍔 Fast-food combo meal $4.17 $7.04 (10,014 KRW) +68.82%
Groceries
🥛 Milk, 1L $0.51 $0.77 (1,095 KRW) +50.98%
🍞 Bread, fresh loaf 500g $1.47 $2.24 (3,186 KRW) +52.38%
🥚 Eggs, dozen $1.56 $2.38 (3,385 KRW) +52.56%
🍗 Chicken breast, 1kg $4.60 $7.00 (9,957 KRW) +52.17%
🍚 White rice, 1kg $1.84 $2.80 (3,983 KRW) +52.17%
🍎 Apples, 1kg $2.21 $3.36 (4,779 KRW) +52.04%
🧀 Local cheese, 1kg $5.52 $8.40 (11,949 KRW) +52.17%
💧 Water, 1.5L bottle $0.92 $1.40 (1,991 KRW) +52.17%
Drinks
🍺 Domestic beer, pint (draught) $2.06 $3.67 (5,220 KRW) +78.16%
🍻 Imported beer, 330ml bottle $5.43 $6.69 (9,516 KRW) +23.2%
☕ Cappuccino $1.72 $3.06 (4,353 KRW) +77.91%
🥤 Coke/Pepsi, 330ml $1.06 $1.61 (2,290 KRW) +51.89%
Transport
🚇 Public transport, monthly pass $24.64 $41.60 (59,174 KRW) +68.83%
🎫 Public transport, one-way $1.04 $1.76 (2,504 KRW) +69.23%
🚕 Taxi start (normal tariff) $1.38 $2.45 (3,485 KRW) +77.54%
🛣️ Taxi, per km $0.62 $1.10 (1,565 KRW) +77.42%
⛽ Petrol/gasoline, 1L $0.64 $0.79 (1,124 KRW) +23.44%
Utilities & comms
💡 Basic utilities, 85m² apartment $75.80 $128 (182,072 KRW) +68.87%
🌐 Internet, 60Mbps+ unlimited $26.53 $44.80 (63,725 KRW) +68.87%
📱 Mobile plan, 10GB+ data $17.06 $28.80 (40,966 KRW) +68.82%
Lifestyle
🏋️ Gym membership, month $17.20 $30.60 (43,527 KRW) +77.91%
🎬 Cinema seat $4.82 $8.57 (12,190 KRW) +77.8%
💈 Men's haircut $10.32 $18.36 (26,116 KRW) +77.91%
👖 Jeans (mid-range brand) $37.31 $46.01 (65,447 KRW) +23.32%
👟 Running shoes (brand) $61.05 $75.29 (107,096 KRW) +23.33%
💻 Coworking hot desk, month $85.99 $153 (217,662 KRW) +77.95%

Estimated from World Bank — Consumption price levels with per-item elasticity — model figures, not quotes. Compare any pair in the interactive tool.

Related

Frequently asked questions

How much more expensive is South Korea than Colombia?
A single person's monthly essentials run about $1,390 in South Korea versus $736 in Colombia — 88.85% more. Rents differ the most; world-priced goods like petrol and electronics the least.
What does a beer cost in South Korea?
A domestic draught pint is roughly $3.67 in South Korea (≈ 5220.36 KRW), versus about $2.06 in Colombia.
How much is rent in South Korea compared to Colombia?
A 1-bedroom city-center apartment is estimated at $937/month in South Korea versus $450/month in Colombia (+108.23%). Housing is the most locally-priced item in the basket.
How are these prices estimated?
Curated US baseline prices scaled by each country's purchasing-power price level with per-item elasticities (housing 1.4, services 1.1, groceries 0.8, world-priced goods 0.4) — model estimates for orientation, not quotes.