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Money magazine
Insurer of the
Year 2017-21

prices shown in
Seoul vs Toronto
Sel vs Tor

Average net salary (After tax)

Toronto
Seoul

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Tor
Sel
Outside city centre
Tor
Sel

Rent 3 bedroom apartment

Cost per month

In city centre
Tor
Sel
Outside city centre
Tor
Sel

Buy apartment

Price per m2

In city centre
Tor
Sel
Outside city centre
Tor
Sel

Mortgage rates

Toronto
4.5%
Seoul
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Toronto
Seoul

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Tor
Sel

Mobile phone data

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

Tor
Sel

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Tor
Sel

Monthly pass

Regular price

Tor
Sel

Fuel prices

Per Litre

Toronto
Seoul

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Tor
Sel
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Toronto
Seoul

Meat & cheese

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

Vegetables

Potatoes 1kg
Tor
Sel
Lettuce 1 head
Tor
Sel
Tomatoes 1kg
Tor
Sel

Fruit

Apples 1kg
Tor
Sel
Oranges 1 head
Tor
Sel
Bananas 1kg
Tor
Sel

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Toronto
4.5%
Seoul
5.5%

Restaurant Prices in Toronto are 17.14% higher than in Seoul

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Tor
Sel
Market 0.5L bottle
Tor
Sel

Imported beer

Restaurant 0.33L bottle
Tor
Sel
Market 0.33L bottle
Tor
Sel

Bottle of wine

Mid-range, from supermarket

Toronto
5
Seoul

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Tor
Sel

Summer dress

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

Tor
Sel

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Toronto
$15.33
Seoul
$11.43

Tennis court rental

One hour on weekend

Tor $4,070.74/mth
Sel $4,070.74/mth

Fitness club

Monthly fee for one adult

Tor $4,070.74/mth
Sel $4,070.74/mth