South Korea vs Spain
Spain is about 3% pricier than South Korea overall, with a price level of 61.9 versus 60.3 (US = 100). The gap is widest in food and narrowest in communication. Quality of life is similar, around 98 of 100 for both.
Metric South Korea Spain
Price level (US=100) 60.3 61.9
GDP / capita (PPP) $61,051 $57,965
GNI / capita (PPP) $61,930 $57,670
Inflation (YoY) 2.3% 2.8%
What's different, by category
Price levels by category (world average = 100). The cheaper of the two is highlighted.
Category South Korea Spain
Housing & utilities 109 148
Food 204 114
Transport 114 131
Restaurants & hotels 142 111
Health 81 123
Communication 140 146
Category price levels: World Bank ICP 2021 (world average = 100).
Quality of life
Metric South Korea Spain
Quality-of-life score 98/100 97/100
Life expectancy 84 yrs 84 yrs
Safety · homicide /100k 0.5 0.7
Internet users 98% 96%
Frequently asked
Is South Korea more expensive than Spain?
Spain is more expensive: about 3% pricier than South Korea overall.
What would a $100,000 lifestyle cost in Spain?
Living the way $100,000 buys in South Korea would cost roughly $102,500 in Spain, based on overall price levels.
Which has the better quality of life, South Korea or Spain?
They score similarly, 98 and 97 out of 100 on our index.
Salary check
A $100,000 lifestyle in South Korea would cost about
$102,500
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