⚠️ Estimate only. Based on net minimum wage data. Not legal or economic advice.
South Korea has a Burger Parity Score of 91.3, meaning it is 8.7% cheaper than the global average. The standard basket of 10 products (including Big Mac, Starbucks Latte, iPhone 15, Coca-Cola, Netflix, UberX) costs $98.91 USD in South Korea, compared to the global average of $108.28 USD. South Korea ranks #8 out of 30 countries in our index.
The reference basket for South Korea is $98.91 USD, with a Burger Parity Score of 91.3 across 10 products. The score compares this selected basket with the mean of covered countries; it does not measure rent, a monthly household budget or overall living standards.
Big Mac: 5,400 KRW ($3.94) · Netflix Standard Plan: 13,500 KRW ($9.86) · iPhone 15 – 128 GB: 1,249,000 KRW ($911.77)
Reference prices, not live quotes. Source observation dates have not been independently verified. Inspect the data · Editorial policy
Compare the same products side by side before interpreting an overall score.
No. It is a selected product price comparison. Rent, utilities, education, healthcare, household size and purchase frequency are not included. An expensive one-off device can dominate the dollar basket.
The hours estimates use the stored wage assumptions and local product prices. Wage dates, regional coverage and net-pay assumptions vary. They are not a current salary survey; insufficient-confidence or mismatched-currency records are not calculated.