Singapore vs South Korea
Singapore and South Korea have a near-identical overall cost of living (price level 61.1 vs 60.3, US = 100). The gap is widest in restaurants & hotels and narrowest in communication. Quality of life is similar, around 97 of 100 for both.
Metric Singapore South Korea
Price level (US=100) 61.1 60.3
GDP / capita (PPP) $150,689 $61,051
GNI / capita (PPP) $126,190 $61,930
Inflation (YoY) 2.4% 2.3%
What's different, by category
Price levels by category (world average = 100). The cheaper of the two is highlighted.
Category Singapore South Korea
Housing & utilities 135 109
Food 129 204
Transport 173 114
Restaurants & hotels 70 142
Health 130 81
Communication 128 140
Category price levels: World Bank ICP 2021 (world average = 100).
Quality of life
Metric Singapore South Korea
Quality-of-life score 97/100 98/100
Life expectancy 83 yrs 84 yrs
Safety · homicide /100k 0.1 0.5
Internet users 94% 98%
Frequently asked
Is Singapore more expensive than South Korea?
They cost about the same, with price levels of 61.1 and 60.3 (US = 100).
What would a $100,000 lifestyle cost in South Korea?
Living the way $100,000 buys in Singapore would cost roughly $98,500 in South Korea, based on overall price levels.
Which has the better quality of life, Singapore or South Korea?
They score similarly, 97 and 98 out of 100 on our index.
Salary check
A $100,000 lifestyle in Singapore would cost about
$98,500
in South Korea. Run your real salary →