Italy vs South Korea
Italy is about 9% pricier than South Korea overall, with a price level of 66.1 versus 60.3 (US = 100). The gap is widest in food and narrowest in restaurants & hotels. On quality of life, South Korea scores higher (98 vs 96 of 100).
Metric Italy South Korea
Price level (US=100) 66.1 60.3
GDP / capita (PPP) $62,014 $61,051
GNI / capita (PPP) $61,620 $61,930
Inflation (YoY) 1.0% 2.3%
What's different, by category
Price levels by category (world average = 100). The cheaper of the two is highlighted.
Category Italy South Korea
Housing & utilities 143 109
Food 124 204
Transport 142 114
Restaurants & hotels 146 142
Health 126 81
Communication 107 140
Category price levels: World Bank ICP 2021 (world average = 100).
Quality of life
Metric Italy South Korea
Quality-of-life score 96/100 98/100
Life expectancy 84 yrs 84 yrs
Safety · homicide /100k 0.6 0.5
Internet users 89% 98%
Frequently asked
Is Italy more expensive than South Korea?
Italy is more expensive: about 9% pricier than South Korea overall.
What would a $100,000 lifestyle cost in South Korea?
Living the way $100,000 buys in Italy would cost roughly $91,000 in South Korea, based on overall price levels.
Which has the better quality of life, Italy or South Korea?
South Korea scores higher, 98 vs 96 out of 100.
Salary check
A $100,000 lifestyle in Italy would cost about
$91,000
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