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New York 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.

$/ year

To keep the same standard of living in Seoul, KR, you'd need

$55,932 / year

Seoul, KR is 25% cheaper overall

Category breakdown (Seoul, KR vs New York, NY)

  • Housing-47%
  • Food & groceries-1%
  • Transport-38%
  • Utilities+1%
  • Healthcare-16%
  • Goods & services+1%

Full comparison

New York, NYSeoul, KR
Cost of living
Overall cost index11384
Housing17090
Food8685
Transport8955
Utilities7980
Healthcare7765
Goods & services9495
Housing
Rent, 1-bed centre$3,800/mo$900/mo
Rent, 1-bed outside$2,600/mo$650/mo
Rent, 3-bed centre$7,500/mo$1,900/mo
Buy price / m² centre$15,000$12,000
Money & purchasing power
$1,000 goes as far as$887$1,189
Inexpensive meal$25$8
Monthly transit pass$132$45
Taxes
Income tax (top rate)37%45%
VAT / sales tax0%10%
Social security (employee)7.7%
Corporate tax21%24%
Capital gains20%
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 visaNoYes
English proficiencyNativeModerate
Coworking spaces20040
Time zoneUTC-5UTC+9
Quality of life
Safety index5578
Healthcare index7882
Pollution index5555
Internet speed200 Mbps220 Mbps
Walkability9075
Public transport8592
Family-friendly5568
Tap waterSafe to drinkSafe to drink
Health insurance$500/mo
Life expectancy79 yr84 yr
LGBTQ+ acceptanceHighLow
Climate
January avg0 °C-2 °C
July avg+25 °C+25 °C
Sunny days / year234200
Rainfall / year1,200 mm1,400 mm
Connectivity
Flight to nearest hub1 h2 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.

Flying between New York, NY and Seoul, KR? Find cheap flightsSponsored

? Frequently asked questions

Moving from New York to Seoul: cheaper or more expensive?

Moving from New York to Seoul, your cost of living will be roughly 25% cheaper. Seoul’s cost-of-living index is 84 versus 113 for New York (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is New York cheaper than Seoul?

Seoul is about 25% cheaper than New York overall — its cost-of-living index is 84 versus 113 for New York.

How much do you need to earn in Seoul to live like in New York?

To keep the same standard of living, a $75,000 salary in New York is worth about $55,932 in Seoul. Enter your own figure in the calculator above.

Which has lower taxes, New York or Seoul?

United States has the lower top income-tax rate — 37% versus 45% in South Korea.

More comparisons from New York

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.