Compare purchasing power and cost of living
Compare your salary purchasing power across different countries.
Maintain current standard of living (1.0x)
Fill in the form to see the purchasing power comparison.
Many professionals considering moving from United Kingdom to South Korea often overlook the Purchasing Power Parity (PPP) difference. While a salary in South Korea might look higher on paper, the cost of living could make it worth less.
Understanding the real value of your income is crucial when negotiating a remote salary or planning a relocation. This calculator helps you determine the equivalent salary you would need in South Korea to maintain your current standard of living in United Kingdom.
Based on PPP data, the price level in South Korea is approximately 1214.29x that of United Kingdom. This means things are generally more expensive in South Korea.
You are comparing GBP vs KRW. Exchange rates fluctuate daily, but PPP provides a more stable long-term view of economic value and living standards.