Skip to content
geo-parity
Pricing

Cost of Living · IT vs KR

🇮🇹 Rome vs 🇰🇷 Seoul: what everyday life costs

Monthly essentials: $1,489 in Italy vs $1,390 in South Korea — 6.66% cheaper.

Biggest differences

Much cheaper in South Korea

  • 🏙️ Rent: 1-bedroom, city center: -7.57%
  • 🏡 Rent: 1-bedroom, outside center: -7.57%
  • 🏢 Rent: 3-bedroom, city center: -7.57%

Closest to Italy prices

  • 🍻 Imported beer, 330ml bottle: -2.19%
  • 👖 Jeans (mid-range brand): -2.21%
  • 👟 Running shoes (brand): -2.22%

The full basket (32 items)

Item Italy South Korea Diff
Housing
🏙️ Rent: 1-bedroom, city center $1,014 $937 (1,332,671 KRW) -7.57%
🏡 Rent: 1-bedroom, outside center $811 $750 (1,066,134 KRW) -7.57%
🏢 Rent: 3-bedroom, city center $1,853 $1,713 (2,436,897 KRW) -7.57%
Food out
🍜 Meal, inexpensive restaurant $11.72 $11.02 (15,675 KRW) -5.97%
🍽️ Dinner for two, mid-range $48.83 $45.90 (65,290 KRW) -6%
🍔 Fast-food combo meal $7.45 $7.04 (10,014 KRW) -5.5%
Groceries
🥛 Milk, 1L $0.81 $0.77 (1,095 KRW) -4.94%
🍞 Bread, fresh loaf 500g $2.34 $2.24 (3,186 KRW) -4.27%
🥚 Eggs, dozen $2.49 $2.38 (3,385 KRW) -4.42%
🍗 Chicken breast, 1kg $7.32 $7.00 (9,957 KRW) -4.37%
🍚 White rice, 1kg $2.93 $2.80 (3,983 KRW) -4.44%
🍎 Apples, 1kg $3.51 $3.36 (4,779 KRW) -4.27%
🧀 Local cheese, 1kg $8.78 $8.40 (11,949 KRW) -4.33%
💧 Water, 1.5L bottle $1.46 $1.40 (1,991 KRW) -4.11%
Drinks
🍺 Domestic beer, pint (draught) $3.91 $3.67 (5,220 KRW) -6.14%
🍻 Imported beer, 330ml bottle $6.84 $6.69 (9,516 KRW) -2.19%
☕ Cappuccino $3.26 $3.06 (4,353 KRW) -6.13%
🥤 Coke/Pepsi, 330ml $1.68 $1.61 (2,290 KRW) -4.17%
Transport
🚇 Public transport, monthly pass $44.01 $41.60 (59,174 KRW) -5.48%
🎫 Public transport, one-way $1.86 $1.76 (2,504 KRW) -5.38%
🚕 Taxi start (normal tariff) $2.60 $2.45 (3,485 KRW) -5.77%
🛣️ Taxi, per km $1.17 $1.10 (1,565 KRW) -5.98%
⛽ Petrol/gasoline, 1L $0.81 $0.79 (1,124 KRW) -2.47%
Utilities & comms
💡 Basic utilities, 85m² apartment $135 $128 (182,072 KRW) -5.47%
🌐 Internet, 60Mbps+ unlimited $47.39 $44.80 (63,725 KRW) -5.47%
📱 Mobile plan, 10GB+ data $30.47 $28.80 (40,966 KRW) -5.48%
Lifestyle
🏋️ Gym membership, month $32.55 $30.60 (43,527 KRW) -5.99%
🎬 Cinema seat $9.12 $8.57 (12,190 KRW) -6.03%
💈 Men's haircut $19.53 $18.36 (26,116 KRW) -5.99%
👖 Jeans (mid-range brand) $47.05 $46.01 (65,447 KRW) -2.21%
👟 Running shoes (brand) $77.00 $75.29 (107,096 KRW) -2.22%
💻 Coworking hot desk, month $163 $153 (217,662 KRW) -5.99%

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 cheaper is South Korea than Italy?
A single person's monthly essentials run about $1,390 in South Korea versus $1,489 in Italy — 6.66% less. 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 $3.91 in Italy.
How much is rent in South Korea compared to Italy?
A 1-bedroom city-center apartment is estimated at $937/month in South Korea versus $1,014/month in Italy (-7.57%). 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.