Cost Comparison 2025

SeoulvsSantiago

South Korea
Chile

Overall

💰

-26.7%

Seoul is 26.7%cheaper

Rent

🏠

-30.0%

Housing is 30.0% lower

Dining

🍽️

-9.1%

Restaurants 9.1% cheaper

Groceries

🛒

-38.9%

Food shopping 38.9% less

Comparing the cost of living between Seoul, South Korea and Santiago, Chile reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Seoul is more affordable than Santiago by approximately 26.7%. 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 Santiago by 43%. A one-bedroom apartment in Seoul's city center costs around ₩1,200,000, while the same in Santiago is approximately CLP 500,000.

Dining out in Seoul costs about the same compared to Santiago. An inexpensive restaurant meal costs ₩8,000 in Seoul versus CLP 7,000 in Santiago.

Public transportation in Seoul is more expensive, with monthly passes at ₩55,000 compared to CLP 33,000 in Santiago.

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

Grocery shopping in Seoul is more expensive by approximately 64%. 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 Santiago, the same lifestyle would cost around CLP 286,600. For families, these figures increase significantly, with a family of four requiring about ₩1,848,000 monthly in Seoul versus CLP 1,003,100 in Santiago. 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
Santiago, Chile

🏠 Housing Costs (Monthly Rent)

1BR City Center
₩1,200,000
CLP 500,000
1BR Outside Center
₩700,000
CLP 350,000
3BR City Center
₩3,000,000
CLP 900,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
₩8,000
CLP 7,000
Meal for 2, Mid-range Restaurant
₩50,000
CLP 40,000
Cappuccino
₩4,500
CLP 3,000
Domestic Beer (0.5L)
₩4,500
CLP 3,000

🛒 Groceries

Milk (1L)
₩2,500
CLP 900
Bread (500g)
₩3,000
CLP 1,000
Eggs (12)
₩3,500
CLP 2,500
Cheese (1kg)
₩16,000
CLP 8,000

🚌 Transportation

One-way Ticket
₩1,400
CLP 800
Monthly Pass
₩55,000
CLP 33,000
Taxi Start
₩4,000
CLP 700
Gasoline (1L)
₩1,700
CLP 1,200

💡 Utilities & Internet

Basic Utilities (85m²)
₩200,000
CLP 80,000
Internet (60 Mbps)
₩30,000
CLP 20,000
Mobile Minute
₩50
CLP 100

Tips for Moving Between Cities

For those considering a move from Santiago 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 Santiago 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

Santiago

Cost of Living Index55
Rent Index35
Purchasing Power Index50

Frequently Asked Questions

Is Seoul more expensive than Santiago?

No, Seoul is approximately 26.7% cheaper than Santiago. You'll find significant savings in housing, food, and transportation costs.

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

To maintain the same standard of living, you would need approximately 79% of your Santiago salary when living in Seoul. For example, if you earn $50,000 in Santiago, you'd need about $39,474 in Seoul for a comparable lifestyle.

What are the biggest cost differences between Seoul and Santiago?

The most significant cost difference is in groceries. Grocery costs differ by roughly 64%, 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 Santiago for affordability.

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

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 Santiago, these figures are CLP 636,600 for singles and CLP 1,653,100 for families. These estimates include housing, food, transportation, and basic entertainment.

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

Calculate Salary Equivalence

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