Cost of Living in Ningbo vs Seoul

Cost of living in Ningbo is 46% lower than in Seoul (without rent).

Rent in Ningbo is 54% cheaper than in Seoul.

Cost of living including rent in Ningbo is 50% lower than in Seoul.

Food in Ningbo is 47% cheaper than in Seoul.

Transport in Ningbo is 52% cheaper than in Seoul.

Ningbo vs. Seoul Comparision

Ningbo Seoul
Cost of Living, including rent
733 $
1,461 $
Without Rent
422 $
785 $
Rent & Utilities
311 $
677 $
Food
281 $
526 $
Transport
74 $
155 $
Monthly Salary, after tax
758 $
2,981 $
Quality of Life
53
94
Population
9.4M
9.7M

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Ningbo Seoul

Restaurants

Lunch menu,
inexpensive restaurant
3.98 $ 7.68 $
Dinner, for 2 20.4 $ 40.5 $
Fast food, McDonalds or KFC 4.56 $ 5.99 $
Beer, 0.5 L or 16 fl oz 1.44 $ 3.79 $
Capuccino 3.38 $ 3.91 $
Coke, 330ml 0.43 $ 1.63 $

Markets

Milk, 1 L or 1 qt 2.03 $ 2.29 $
Bread, 0.5 kg or 1 lb 2.41 $ 3.23 $
Rice, 1 kg or 2 lb 1.11 $ 3.3 $
Eggs, 12 pack 1.54 $ 3.68 $
Cheese, 1 kg or 2 lb 19.9 $ 13.3 $
Chicken Breast, 1 kg or 2 lb 4.88 $ 9.23 $
Round Steak, 1 kg or 2 lb 12.5 $ 38.3 $
Apples, 1 kg or 2 lb 1.63 $ 7.91 $
Banana, 1 kg or 2 lb 1.46 $ 3.75 $
Oranges, 1 kg or 2 lb 1.66 $ 5.86 $
Potatoes, 1 kg or 2 lb 0.74 $ 4.03 $
Onions, 1 kg or 2 lb 0.84 $ 3.25 $
Water, 1 L or 1 qt 0.41 $ 0.9 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.13 $ 2.43 $
Wine, 750 mL bottle 9.42 $ 22.4 $
Beer, 0.5 L or 16 fl oz 0.9 $ 2.76 $
Cigarette pack 4.37 $ 3.42 $

Transport

Local transport ticket, One-way Ticket 0.28 $ 1.14 $
Monthly pass, Monthly Ticket 16.2 $ 47.5 $
Gas or petrol, 1 L or 0.26 gal 1.13 $ 1.27 $
Taxi, 8 km 4.42 $ 9.05 $

Personal Care

Doctor visit, private clinic 14 $ 25.1 $
Cold medicine, for 1 week 12.8 $ 5.05 $
Hair shampoo, 400 ml or 12 oz 4.13 $ 5.98 $
Toilet paper, 4 rolls 2.5 $ 2.35 $
Toothpaste, 1 tube 2.16 $ 3.13 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
37.8 $ 120 $
Utility bill - family,
electricity, heating, water & garbage
58.3 $ 184 $
Internet plan,
+60 Mbps
14.5 $ 23.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 233 $ 460 $
3 Bedroom Apartment, outside of center, 85 sq.m 472 $ 1,348 $
1 Bedroom Apartment, in city center, 40 sq.m 359 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 783 $ 2,513 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 5,300 $ 21,201 $
Price per Square Meter to Buy House, in suburbs 3,372 $ 11,781 $

Salaries and Financing

Average Monthly Net Salary, after tax 758 $ 2,981 $
Mortgage Interest Rate, for 20 years fixed-rate 4.73 % 5.14 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 24.6 $ 54.1 $
Cinema, 1 seat 8.22 $ 11.5 $
Haircut 4.75 $ 10.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 64.1 $ 91 $
Brand Jeans, Levis 501 46.3 $ 62.6 $

Childcare

Preschool, full day, monthly for 1 child 616 $ 410 $
International Primary School, yearly for 1 child 12,898 $ 21,834 $