CostTrek

✦ Compare countries

India vs South Korea

South Korea is {pct} {word} than India. Compare cost of living, taxes, salaries and visas — and the salary you’d need in South Korea to match India.

India vs South Korea at a glance — South Korea is 96% more expensive than India overall. Average net salary: $2,500/mo vs $500/mo. Top income tax: 45% vs 30%.

IndiaSouth Korea
Cost of living
Cost of living index4384
Taxes
Income tax (top rate)30%45%
VAT / sales tax18%10%
Corporate tax25%24%
Economy & salaries
Avg net salary$500/mo$2,500/mo
Avg annual wage (OECD, PPP)—$61,259✓
Minimum wage$150/mo$1,500/mo
GDP per capita$2,702✓$35,563✓
Inflation (annual)2.4%✓2.3%✓
Life expectancy72 yr✓84 yr✓
Quality of life
LGBTQ+ acceptanceLowLow
Digital-nomad visaNoYes

✓ = official statistics (OECD (PPP), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

⚖ Related comparisons

? Frequently asked questions

Is India cheaper than South Korea?

South Korea is about 96% more expensive than India overall — its cost-of-living index is 84 versus 43 for India.

How much do you need to earn in South Korea to live like in India?

To keep the same standard of living, a $75,000 salary in India is worth about $146,925 in South Korea. Enter your own figure in the calculator above.

Which has lower taxes, India or South Korea?

India has the lower top income-tax rate — 30% versus 45% in South Korea.