Cost of living
Barbados compared to South Korea
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Overview comparison
BarbadosSouth Korea
Consumer prices in South Korea are roughly 54% higher than in Barbados.
Cost of living
| Item | Barbados | South Korea |
|---|
| Total with rent one person | 1,087 | 1,345 |
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| Total with rent family | 4,164 | 3,148 |
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| Without rent one person | 670 | 783 |
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| Without rent one family | 2,353 | 2,362 |
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| Rent & Utilities person | 671.58 | 497.99 |
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| Rent & Utilities family | 1,110.69 | 1,112.64 |
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| Food person | 668 | 484 |
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| Food family | 1,589 | 1,319 |
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| Transport person | 65.34 | 100.94 |
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| Transport family | 136.68 | 292.51 |
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| Life expectancy | 66.59 years | 87.03 years |
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Eating Out
| Item | Barbados | South Korea |
|---|
| Lunch Menu | 17.94 | 5.48 |
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| Dinner in a Restaurant, for 2 | 67.9 | 35.1 |
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| Fast food meal, equiv. McDonald's | 10.7 | 5.76 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.53 | 3.49 |
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| Cappuccino | 5.78 | 3.27 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.47 | 1.47 |
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Rent & Utilities
| Item | Barbados | South Korea |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 535.6 | 557.93 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 360.48 | 297.08 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,905.58 | 1,188.78 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,114.86 | 760.76 |
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| Utility Bill one person, electricity, heating, water, etc. | 67.85 | 99.45 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 111.9 | 161.15 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 47.27 | 17.95 |
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Transportation
| Item | Barbados | South Korea |
|---|
| Local transport ticket | 6.99 | 4.74 |
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| Monthly ticket local transport | 3,598 | 11,423 |
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| Taxi Ride, 8 km or 5 mi | 3,187 | 8,058 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.88 | 1.13 |
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| Mortgage Interest Rate for 20 Years | 39.71% | 40.45% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 23.81 | 9.72 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.92 | 1.44 |
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Groceries
| Item | Barbados | South Korea |
|---|
| Milk, 1 L or 1 qt | 3.15 | 1.86 |
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| Bread, 0.5 kg or 1.1 lb | 2.71 | 3.36 |
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| Eggs, x12 | 4.89 | 3.36 |
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| Cheese, 1 kg or 2.2 lb | 13.57 | 12.74 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.44 | 9.03 |
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| Round Steak, 1 kg or 2.2 lb | 10.7 | 27.04 |
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| Banana, 1 kg or 2.2 lb | 2.66 | 3.23 |
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| Water, 1 L or 1 qt | 1.42 | 0.67 |
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Other
| Item | Barbados | South Korea |
|---|
| Gym Membership, 1 month | 79.67 | 50.16 |
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| Cinema Ticket, 1 person | 11.59 | 9.93 |
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| Doctors visit | 60.2 | 34.01 |
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| Haircut, simple | 8.19 | 7.81 |
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| Brand Jeans | 63.48 | 54.11 |
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| Brand Sneakers | 120.86 | 79.5 |
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| Daycare or Preschool, 1 month | 253.48 | 395.05 |
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| International Primary School, 1 year | 5,077 | 25,632 |
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