Cost Comparison 2025

SeoulvsMexico City

South Korea
Mexico

Overall

💰

-40.0%

Seoul is 40.0%cheaper

Rent

🏠

-30.0%

Housing is 30.0% lower

Dining

🍽️

-27.3%

Restaurants 27.3% cheaper

Groceries

🛒

-55.6%

Food shopping 55.6% less

Comparing the cost of living between Seoul, South Korea and Mexico City, Mexico reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Seoul is more affordable than Mexico City by approximately 40.0%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Seoul are higher than in Mexico City by 43%. A one-bedroom apartment in Seoul's city center costs around ₩1,200,000, while the same in Mexico City is approximately MX$15,000.

Dining out in Seoul is notably more expensive compared to Mexico City. An inexpensive restaurant meal costs ₩8,000 in Seoul versus MX$100 in Mexico City.

Public transportation in Seoul is more expensive, with monthly passes at ₩55,000 compared to MX$500 in Mexico City.

Purchasing power in Seoul is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Mexico City.

Grocery shopping in Seoul is more expensive by approximately 125%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Seoul can expect to spend approximately ₩528,000 per month (excluding rent), while in Mexico City, the same lifestyle would cost around MX$5,050. For families, these figures increase significantly, with a family of four requiring about ₩1,848,000 monthly in Seoul versus MX$17,675 in Mexico City. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Seoul, South Korea
Mexico City, Mexico

🏠 Housing Costs (Monthly Rent)

1BR City Center
₩1,200,000
MX$15,000
1BR Outside Center
₩700,000
MX$8,000
3BR City Center
₩3,000,000
MX$30,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
₩8,000
MX$100
Meal for 2, Mid-range Restaurant
₩50,000
MX$700
Cappuccino
₩4,500
MX$60
Domestic Beer (0.5L)
₩4,500
MX$40

🛒 Groceries

Milk (1L)
₩2,500
MX$25
Bread (500g)
₩3,000
MX$35
Eggs (12)
₩3,500
MX$35
Cheese (1kg)
₩16,000
MX$120

🚌 Transportation

One-way Ticket
₩1,400
MX$5
Monthly Pass
₩55,000
MX$500
Taxi Start
₩4,000
MX$40
Gasoline (1L)
₩1,700
MX$23

💡 Utilities & Internet

Basic Utilities (85m²)
₩200,000
MX$1,000
Internet (60 Mbps)
₩30,000
MX$500
Mobile Minute
₩50
MX$2

Tips for Moving Between Cities

For those considering a move from Mexico City to Seoul, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Seoul to Mexico City requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Seoul

Cost of Living Index75
Rent Index50
Purchasing Power Index85

Mexico City

Cost of Living Index45
Rent Index35
Purchasing Power Index45

Frequently Asked Questions

Is Seoul more expensive than Mexico City?

No, Seoul is approximately 40.0% cheaper than Mexico City. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Seoul compared to Mexico City?

To maintain the same standard of living, you would need approximately 71% of your Mexico City salary when living in Seoul. For example, if you earn $50,000 in Mexico City, you'd need about $35,714 in Seoul for a comparable lifestyle.

What are the biggest cost differences between Seoul and Mexico City?

The most significant cost difference is in groceries. Grocery costs differ by roughly 125%, affecting your daily shopping expenses. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Seoul offers better purchasing power, making it more attractive for those earning in strong currencies. However, Seoul provides lower living costs, which benefits budget-conscious travelers. Consider Seoul if you prioritize earning potential, or Mexico City for affordability.

What's a reasonable monthly budget for Seoul vs Mexico City?

In Seoul, a single person needs approximately ₩1,228,000 per month (including rent), while a family of four requires about ₩3,648,000. In Mexico City, these figures are MX$13,050 for singles and MX$35,675 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Seoul and Mexico City in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Mexico City to maintain your lifestyle from Seoul

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers