Australia vs South Korea
Australia is about 34% pricier than South Korea overall, with a price level of 90.9 versus 60.3 (US = 100). The gap is widest in health and narrowest in transport. On quality of life, South Korea scores higher (98 vs 96 of 100).
Metric Australia South Korea
Price level (US=100) 90.9 60.3
GDP / capita (PPP) $72,111 $61,051
GNI / capita (PPP) $69,600 $61,930
Inflation (YoY) 3.2% 2.3%
What's different, by category
Price levels by category (world average = 100). The cheaper of the two is highlighted.
Category Australia South Korea
Housing & utilities 257 109
Food 148 204
Transport 136 114
Restaurants & hotels 187 142
Health 194 81
Communication 115 140
Category price levels: World Bank ICP 2021 (world average = 100).
Quality of life
Metric Australia South Korea
Quality-of-life score 96/100 98/100
Life expectancy 83 yrs 84 yrs
Safety · homicide /100k 0.9 0.5
Internet users 96% 98%
Frequently asked
Is Australia more expensive than South Korea?
Australia is more expensive: about 34% pricier than South Korea overall.
What would a $100,000 lifestyle cost in South Korea?
Living the way $100,000 buys in Australia would cost roughly $66,500 in South Korea, based on overall price levels.
Which has the better quality of life, Australia or South Korea?
South Korea scores higher, 98 vs 96 out of 100.
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A $100,000 lifestyle in Australia would cost about
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