China
Compared with South Korea, using real observed prices.
Baseline: South Korea = 1×
Overall verdict
China is about 0.86×
South Korea.
Average across 5 categories, 7 items with data
The shape of prices (vs
South Korea = 1×)
How to read this
The centre line is South Korea. A bar running right means China is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
South Korea
South Korea = 1×
China is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In China, iPhone (base model, base storage) costs 1.0× what it does in South Korea — but Electricity 1kWh (household) costs only 0.6×. Calling this country simply "expensive" hides a gap this wide.
Real prices. Real sources. Real dates.
-
iPhone (base model, base storage) 1 unit ×1.00
China ₩1,293,126 CNY 5,999
South Korea ₩1,290,000 KRW 1,290,000
-
Big Mac 1 burger ×0.98
China ₩5,383 CNY 25.5
South Korea ₩5,500 KRW 5,500
-
PC game (Cyberpunk 2077) 1 game ×0.97
China ₩64,236 CNY 298
South Korea ₩66,000 KRW 66,000
-
Gasoline 1L 1 L ×0.83
China ₩1,837 USD 1.179
South Korea ₩2,223 USD 1.427
-
Diesel 1L 1 L ×0.74
China ₩1,628 USD 1.045
South Korea ₩2,205 USD 1.415
-
Natural gas 1kWh (household) 1 kWh ×0.70
China ₩77 USD 0.051
South Korea ₩110 USD 0.073
-
Electricity 1kWh (household) 1 kWh ×0.60
China ₩114 USD 0.076
South Korea ₩191 USD 0.127
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+14%
in CNY
22.4 → 25.5
22.4 → 25.5
vs
At today's rateUsing today's exchange rate
+35%
in KRW
It rose 14% in local currency, but 35% in yours. Most of what you feel is the exchange rate, not China's inflation.