Updated January 5, 2026
Cost Comparison 2026

StockholmvsSeoul

Sweden
South Korea
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Overall

💰

-8.5%

Stockholm is 8.5%cheaper

Rent

🏠

-13.8%

Housing is 13.8% lower

Dining

🍽️

-32.9%

Restaurants 32.9% cheaper

Groceries

🛒

+15.4%

Food shopping 15.4% more

Comparing the cost of living between Stockholm, Sweden and Seoul, South Korea reveals significant insights for anyone considering relocation or travel in 2026. Our comprehensive analysis shows that Stockholm is more affordable than Seoul by approximately 8.5%. 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 Stockholm are higher than in Seoul by 16%. A one-bedroom apartment in Stockholm's city center costs around SEK 16,800, while the same in Seoul is approximately ₩1,200,000.

Dining out in Stockholm is notably more expensive compared to Seoul. An inexpensive restaurant meal costs SEK 150 in Stockholm versus ₩8,000 in Seoul.

Public transportation in Stockholm is more affordable, with monthly passes at SEK 1,020 compared to ₩55,000 in Seoul.

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

Grocery shopping in Stockholm is more affordable by approximately 13%. Basic items like milk, bread, and eggs show lower prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Stockholm can expect to spend approximately SEK 5,371 per month (excluding rent), while in Seoul, the same lifestyle would cost around ₩528,000. For families, these figures increase significantly, with a family of four requiring about SEK 18,799 monthly in Stockholm versus ₩1,848,000 in Seoul. 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
Stockholm, Sweden
Seoul, South Korea

🏠 Housing Costs (Monthly Rent)

1BR City Center
SEK 16,800
₩1,200,000
1BR Outside Center
SEK 12,500
₩700,000
3BR City Center
SEK 28,000
₩3,000,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
SEK 150
₩8,000
Meal for 2, Mid-range Restaurant
SEK 900
₩50,000
Cappuccino
SEK 52
₩4,500
Domestic Beer (0.5L)
SEK 80
₩4,500

🛒 Groceries

Milk (1L)
SEK 16
₩2,500
Bread (500g)
SEK 28
₩3,000
Eggs (12)
SEK 42
₩3,500
Cheese (1kg)
SEK 115
₩16,000

🚌 Transportation

One-way Ticket
SEK 42
₩1,400
Monthly Pass
SEK 1,020
₩55,000
Taxi Start
SEK 52
₩4,000
Gasoline (1L)
SEK 20
₩1,700

💡 Utilities & Internet

Basic Utilities (85m²)
SEK 1,150
₩200,000
Internet (60 Mbps)
SEK 320
₩30,000
Mobile Minute
SEK 1
₩50

Tips for Moving Between Cities

For those considering a move from Seoul to Stockholm, 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 Stockholm to Seoul 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

Stockholm

Cost of Living Index82
Rent Index58
Purchasing Power Index105

Seoul

Cost of Living Index75
Rent Index50
Purchasing Power Index85

Frequently Asked Questions

Is Stockholm more expensive than Seoul?

No, Stockholm is approximately 8.5% cheaper than Seoul. You'll find significant savings in housing, food, and transportation costs.

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

To maintain the same standard of living, you would need approximately 92% of your Seoul salary when living in Stockholm. For example, if you earn $50,000 in Seoul, you'd need about $46,067 in Stockholm for a comparable lifestyle.

What are the biggest cost differences between Stockholm and Seoul?

The most significant cost difference is in dining out. Restaurant prices vary by about 49%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

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

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

In Stockholm, a single person needs approximately SEK 17,871 per month (including rent), while a family of four requires about SEK 38,799. In Seoul, these figures are ₩1,228,000 for singles and ₩3,648,000 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Stockholm and Seoul in 2026 shows moderate 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 Seoul to maintain your lifestyle from Stockholm

Calculate Salary Equivalence

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Last updated: 2026-01-08 • Data sourced from multiple providers