Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, 2020, and 2021

Money magazine
Insurer of the
Year 2017-21

prices shown in
Melbourne vs Seoul
Mel vs Sel

Average net salary (After tax)

Seoul
Melbourne

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sel
Mel
Outside city centre
Sel
Mel

Rent 3 bedroom apartment

Cost per month

In city centre
Sel
Mel
Outside city centre
Sel
Mel

Buy apartment

Price per m2

In city centre
Sel
Mel
Outside city centre
Sel
Mel

Mortgage rates

Seoul
4.5%
Melbourne
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Seoul
Melbourne

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sel
Mel

Mobile phone data

One-minute local prepaid call (no plan or discount)

Sel
Mel

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sel
Mel

Monthly pass

Regular price

Sel
Mel

Fuel prices

Per Litre

Seoul
Melbourne

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sel
Mel
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Sel
Mel
White bread 500g
Sel
Mel
Eggs 12
Sel
Mel
White rice 1kg
Sel
Mel

Pack of cigarettes

(Marlboro)

Seoul
Melbourne

Meat & cheese

Chicken breasts 1kg
Sel
Mel
Beef round 1kg
Sel
Mel
Local cheese 1kg
Sel
Mel

Vegetables

Potatoes 1kg
Sel
Mel
Lettuce 1 head
Sel
Mel
Tomatoes 1kg
Sel
Mel

Fruit

Apples 1kg
Sel
Mel
Oranges 1 head
Sel
Mel
Bananas 1kg
Sel
Mel

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Sel $4,070.74/mth
Mel $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Sel $4,070.74/mth
Mel $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Seoul
4.5%
Melbourne
5.5%

Restaurant Prices in Seoul are 17.14% higher than in Melbourne

Drinks

Coke/Pepsi 0.33L
bottle
Sel $4,070.74/mth
Mel $4,070.74/mth
Water 0.33L
bottle
Sel $4,070.74/mth
Mel $4,070.74/mth
Cappuccino regular
Sel $4,070.74/mth
Mel $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sel
Mel
Market 0.5L bottle
Sel
Mel

Imported beer

Restaurant 0.33L bottle
Sel
Mel
Market 0.33L bottle
Sel
Mel

Bottle of wine

Mid-range, from supermarket

Seoul
5
Melbourne

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sel
Mel

Summer dress

From a chain store (e.g. Zara, H&M)

Sel
Mel

Shoes

1 pair Nike shoes
Sel
Mel
1 pair men's leather shoes
Sel
Mel

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Seoul
$15.33
Melbourne
$11.43

Tennis court rental

One hour on weekend

Sel $4,070.74/mth
Mel $4,070.74/mth

Fitness club

Monthly fee for one adult

Sel $4,070.74/mth
Mel $4,070.74/mth