South Korea
Compared with Chile, using real observed prices.
Baseline: Chile = 1×
Overall verdict
South Korea is about 0.80×
Chile.
Average across 5 categories, 7 items with data
The shape of prices (vs
Chile = 1×)
How to read this
The centre line is Chile. 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
Chile
Chile = 1×
South Korea is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Korea, PC game (Cyberpunk 2077) costs 1.1× what it does in Chile — but Electricity 1kWh (household) costs only 0.6×. What is expensive here is labour, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
PC game (Cyberpunk 2077) 1 game ×1.06
South Korea CLP 42,578 KRW 66,000
Chile CLP 39,999 CLP 39,999
-
Diesel 1L 1 L ×1.06
South Korea CLP 1,251 USD 1.415
Chile CLP 1,183 USD 1.339
-
Gasoline 1L 1 L ×0.91
South Korea CLP 1,261 USD 1.427
Chile CLP 1,391 USD 1.574
-
iPhone (base model, base storage) 1 unit ×0.83
South Korea CLP 832,209 KRW 1,290,000
Chile CLP 999,990 CLP 999,990
-
Big Mac 1 burger ×0.69
South Korea CLP 3,307 KRW 5,500
Chile CLP 4,790 CLP 4,790
-
Natural gas 1kWh (household) 1 kWh ×0.57
South Korea CLP 65 USD 0.073
Chile CLP 114 USD 0.129
-
Electricity 1kWh (household) 1 kWh ×0.56
South Korea CLP 112 USD 0.127
Chile CLP 202 USD 0.228
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
+9%
in CLP
It rose 20% in local currency, but 9% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.