✦ Compare
Minneapolis vs
Seoul
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
To keep the same standard of living in Seoul, KR, you'd need
$60,579 / year
Seoul, KR is 19% cheaper overall
Category breakdown (Seoul, KR vs Minneapolis, MN)
- Housing-17%
- Food & groceries-16%
- Transport-47%
- Utilities-17%
- Healthcare-38%
- Goods & services-8%
▤ Full comparison
| Minneapolis, MN | Seoul, KR | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 104 | 84 |
| Housing | 109 | 90 |
| Food | 101 | 85 |
| Transport | 103 | 55 |
| Utilities | 96 | 80 |
| Healthcare | 105 | 65 |
| Goods & services | 103 | 95 |
| Housing | ||
| Rent, 1-bed centre | $1,450/mo | $900/mo |
| Rent, 1-bed outside | $1,150/mo | $650/mo |
| Rent, 3-bed centre | $2,600/mo | $1,900/mo |
| Buy price / m² centre | $3,800 | $12,000 |
| Money & purchasing power | ||
| $1,000 goes as far as | $960 | $1,189 |
| Inexpensive meal | $18 | $8 |
| Monthly transit pass | $96 | $45 |
| Taxes | ||
| Income tax (top rate) | 37% | 45% |
| VAT / sales tax | 0% | 10% |
| Social security (employee) | 7.7% | — |
| Corporate tax | 21% | 24% |
| Capital gains | 20% | — |
| Economy & salaries | ||
| Avg net salary | $4,300/mo | $2,500/mo |
| Minimum wage | $1,257/mo | $1,500/mo |
| GDP per capita | $90,027 | $35,563 |
| Inflation (annual) | — | 2.3% |
| Work & digital nomad | ||
| Digital-nomad visa | No | Yes |
| English proficiency | Native | Moderate |
| Coworking spaces | 40 | 40 |
| Time zone | UTC-6 | UTC+9 |
| Quality of life | ||
| Safety index | 55 | 78 |
| Healthcare index | 82 | 82 |
| Pollution index | 35 | 55 |
| Internet speed | 200 Mbps | 220 Mbps |
| Walkability | 70 | 75 |
| Public transport | 58 | 92 |
| Family-friendly | 70 | 68 |
| Tap water | Safe to drink | Safe to drink |
| Health insurance | $450/mo | — |
| Life expectancy | 79 yr | 84 yr |
| LGBTQ+ acceptance | High | Low |
| Climate | ||
| January avg | -8 °C | -2 °C |
| July avg | +23 °C | +25 °C |
| Sunny days / year | 198 | 200 |
| Rainfall / year | 800 mm | 1,400 mm |
| Connectivity | ||
| Flight to nearest hub | 1.5 h | 2 h |
Taxes & Economy & salaries: United States vs South Korea. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
? Frequently asked questions
Moving from Minneapolis to Seoul: cheaper or more expensive?
Moving from Minneapolis to Seoul, your cost of living will be roughly 19% cheaper. Seoul’s cost-of-living index is 84 versus 104 for Minneapolis (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Minneapolis cheaper than Seoul?
Seoul is about 19% cheaper than Minneapolis overall — its cost-of-living index is 84 versus 104 for Minneapolis.
How much do you need to earn in Seoul to live like in Minneapolis?
To keep the same standard of living, a $75,000 salary in Minneapolis is worth about $60,579 in Seoul. Enter your own figure in the calculator above.
Which has lower taxes, Minneapolis or Seoul?
United States has the lower top income-tax rate — 37% versus 45% in South Korea.
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Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.