Cost Comparison 2025

SeoulvsMumbai

South Korea
India

Overall

💰

-53.3%

Seoul is 53.3%cheaper

Rent

🏠

-50.0%

Housing is 50.0% lower

Dining

🍽️

-45.5%

Restaurants 45.5% cheaper

Groceries

🛒

-61.1%

Food shopping 61.1% less

Comparing the cost of living between Seoul, South Korea and Mumbai, India reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Seoul is more affordable than Mumbai by approximately 53.3%. 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 Mumbai by 100%. A one-bedroom apartment in Seoul's city center costs around ₩1,200,000, while the same in Mumbai is approximately ₹35,000.

Dining out in Seoul is notably more expensive compared to Mumbai. An inexpensive restaurant meal costs ₩8,000 in Seoul versus ₹200 in Mumbai.

Public transportation in Seoul is more expensive, with monthly passes at ₩55,000 compared to ₹1,500 in Mumbai.

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

Grocery shopping in Seoul is more expensive by approximately 157%. 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 Mumbai, the same lifestyle would cost around ₹12,260. For families, these figures increase significantly, with a family of four requiring about ₩1,848,000 monthly in Seoul versus ₹42,910 in Mumbai. 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
Mumbai, India

🏠 Housing Costs (Monthly Rent)

1BR City Center
₩1,200,000
₹35,000
1BR Outside Center
₩700,000
₹20,000
3BR City Center
₩3,000,000
₹100,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
₩8,000
₹200
Meal for 2, Mid-range Restaurant
₩50,000
₹1,500
Cappuccino
₩4,500
₹150
Domestic Beer (0.5L)
₩4,500
₹200

🛒 Groceries

Milk (1L)
₩2,500
₹55
Bread (500g)
₩3,000
₹35
Eggs (12)
₩3,500
₹80
Cheese (1kg)
₩16,000
₹400

🚌 Transportation

One-way Ticket
₩1,400
₹10
Monthly Pass
₩55,000
₹1,500
Taxi Start
₩4,000
₹25
Gasoline (1L)
₩1,700
₹105

💡 Utilities & Internet

Basic Utilities (85m²)
₩200,000
₹3,000
Internet (60 Mbps)
₩30,000
₹1,000
Mobile Minute
₩50
₹1

Tips for Moving Between Cities

For those considering a move from Mumbai 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 Mumbai 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

Mumbai

Cost of Living Index35
Rent Index25
Purchasing Power Index40

Frequently Asked Questions

Is Seoul more expensive than Mumbai?

No, Seoul is approximately 53.3% cheaper than Mumbai. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Seoul compared to Mumbai?

To maintain the same standard of living, you would need approximately 65% of your Mumbai salary when living in Seoul. For example, if you earn $50,000 in Mumbai, you'd need about $32,609 in Seoul for a comparable lifestyle.

What are the biggest cost differences between Seoul and Mumbai?

The most significant cost difference is in groceries. Grocery costs differ by roughly 157%, 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 Mumbai for affordability.

What's a reasonable monthly budget for Seoul vs Mumbai?

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 Mumbai, these figures are ₹32,260 for singles and ₹92,910 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Seoul and Mumbai 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 Mumbai to maintain your lifestyle from Seoul

Calculate Salary Equivalence

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