Currency in South Korea South Korean won (KRW ₩). For 10 US dollars you can get 13.8 thousand South Korean won. For 100 US dollars you can get 138 thousand South Korean won. And the other way around: For 100 South Korean won you can get 0.0722 US dollars.
Prices: Busan Cheongju Gwangju Incheon Seoul Yeosu Daegu Daejeon Bucheon Anyang
Overall, it can be said that prices in South Korea are lower than in United States. We will pay similarly for food as we do here. Dining in restaurants and bars will be cheaper by 51%. The cost of living in South Korea is less than in United States by about 7.3%. If we want to spend time actively or to have fun, we will pay less than in United States about 14%.
See also how prices have changed in previous years: Price changes in previous years in South Korea
Are hotels expensive in South Korea? How much will we pay for a room in South Korea?
The average price of accommodation in South Korea is $68 (₩94.7K). If you are looking for the cheapest accommodation: in a cheap one-star hotel you will pay: $51 (₩70.1K) and if you like hostels, you'll spend the night there for: $37 (₩51.9K). The cost of a room in a 2-star hotel is South Korea in $55 (₩76.2K). 3-star hotels offer accommodation for an average price of $64 (₩88.7K) Overnight stay in a 4-star hotel costs $83 (₩115K) in South Korea If you are looking for the best conditions for your stay, then in 5-star hotels that will provide much more luxury you will have to pay $160 (₩221K)
If you're planning a trip to a specific region of the world, might it be cheaper than in South Korea? Check out prices in nearby countries: North Korea, Japan, Taiwan, Hong Kong, and Macau.
Has the price of bread increased in South Korea?
Bread in previous years has cost: 2010: $1.4(₩1.95K), 2011: $1.5(₩2.07K), 2012: $1.6(₩2.24K), 2013: $1.8(₩2.54K), 2014: $1.7(₩2.33K), 2015: $1.8(₩2.46K), 2016: $2(₩2.76K), 2017: $2.2(₩3.02K), and 2018: $2.2(₩3K).
Price changes in Bananas over the years: 2015: $3.1(₩4.23K), 2016: $2.8(₩3.89K), 2017: $3.4(₩4.66K), and 2018: $3.1(₩4.3K)
Have prices increased in restaurants in South Korea?
In inexpensive restaurants, the price for a meal was: 2010: $4(₩5.56K), 2011: $4(₩5.5K), 2012: $4.3(₩6K), 2013: $4.9(₩6.8K), 2014: $4.9(₩6.75K), 2015: $4.3(₩6K), 2016: $5.1(₩7K), 2017: $5.1(₩7K), and 2018: $5.6(₩7.75K)
Price changes in Renting A Small Apartment In The Center over the years: 2010: $368(₩509K), 2011: $474(₩656K), 2012: $480(₩665K), 2013: $685(₩948K), 2014: $503(₩696K), 2015: $719(₩995K), 2016: $523(₩724K), 2017: $544(₩753K), and 2018: $520(₩720K)
Prices in cities and towns in South Korea
Choose a city, see prices in supermarkets, restaurants, compare the cost of living, see how much entertainment costs and whether it is more expensive than in United States