South Korea
Compared with Australia, using real observed prices.
Baseline: 
Australia = 1×
South Korea
vs
Australia
Overall verdict
South Korea is about 0.77× Australia.
Average across 5 categories, 7 items with data
The shape of prices (vs Australia = 1×)
How to read this
The centre line is Australia. A bar running right means South Korea 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 Australia
Australia = 1×
South Korea is pricier →
Australia
Australia = 1×
South Korea is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Korea, Gasoline 1L costs 1.2× what it does in Australia — but Electricity 1kWh (household) costs only 0.5×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Gasoline 1L 1 L ×1.15South Korea
A$2.07
USD 1.427Australia
A$1.80
USD 1.239
-
Diesel 1L 1 L ×1.00South Korea
A$2.05
USD 1.415Australia
A$2.06
USD 1.421
-
iPhone (base model, base storage) 1 unit ×0.90South Korea
A$1,263
KRW 1,290,000Australia
A$1,399
AUD 1,399
-
PC game (Cyberpunk 2077) 1 game ×0.72South Korea
A$64.63
KRW 66,000Australia
A$89.95
AUD 89.95
-
Natural gas 1kWh (household) 1 kWh ×0.68South Korea
A$0.10
USD 0.073Australia
A$0.16
USD 0.108
-
Big Mac 1 burger ×0.66South Korea
A$5.59
KRW 5,500Australia
A$8.50
AUD 8.5
-
Electricity 1kWh (household) 1 kWh ×0.49South Korea
A$0.18
USD 0.127Australia
A$0.37
USD 0.259
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+20%
in KRW
4600 → 5500
4600 → 5500
vs
At today's rateUsing today's exchange rate
+2%
in AUD
It rose 20% in local currency, but 2% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.
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