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Money magazine
Insurer of the
Year 2017-21

prices shown in
Singapore vs Seoul
Sin vs Sel

Average net salary (After tax)

Seoul
Singapore

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sel
Sin
Outside city centre
Sel
Sin

Rent 3 bedroom apartment

Cost per month

In city centre
Sel
Sin
Outside city centre
Sel
Sin

Buy apartment

Price per m2

In city centre
Sel
Sin
Outside city centre
Sel
Sin

Mortgage rates

Seoul
4.5%
Singapore
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Seoul
Singapore

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sel
Sin

Mobile phone data

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

Sel
Sin

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sel
Sin

Monthly pass

Regular price

Sel
Sin

Fuel prices

Per Litre

Seoul
Singapore

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sel
Sin
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Seoul
Singapore

Meat & cheese

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

Vegetables

Potatoes 1kg
Sel
Sin
Lettuce 1 head
Sel
Sin
Tomatoes 1kg
Sel
Sin

Fruit

Apples 1kg
Sel
Sin
Oranges 1 head
Sel
Sin
Bananas 1kg
Sel
Sin

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Seoul
4.5%
Singapore
5.5%

Restaurant Prices in Seoul are 17.14% higher than in Singapore

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sel
Sin
Market 0.5L bottle
Sel
Sin

Imported beer

Restaurant 0.33L bottle
Sel
Sin
Market 0.33L bottle
Sel
Sin

Bottle of wine

Mid-range, from supermarket

Seoul
5
Singapore

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sel
Sin

Summer dress

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

Sel
Sin

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Seoul
$15.33
Singapore
$11.43

Tennis court rental

One hour on weekend

Sel $4,070.74/mth
Sin $4,070.74/mth

Fitness club

Monthly fee for one adult

Sel $4,070.74/mth
Sin $4,070.74/mth