South Korea
Compared with Colombia, using real observed prices.
Baseline: 
Colombia = 1×
South Korea
vs
Colombia
Overall verdict
South Korea is about 0.81× Colombia.
Average across 4 categories, 7 items with data
The shape of prices (vs Colombia = 1×)
How to read this
The centre line is Colombia. 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 Colombia
Colombia = 1×
South Korea is pricier →
Colombia
Colombia = 1×
South Korea is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Korea, Diesel 1L costs 1.5× what it does in Colombia — but Big Mac costs only 0.6×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×1.55South Korea
COP 5,217
USD 1.415Colombia
COP 3,373
USD 0.915
-
Gasoline 1L 1 L ×1.11South Korea
COP 5,261
USD 1.427Colombia
COP 4,737
USD 1.285
-
Natural gas 1kWh (household) 1 kWh ×0.92South Korea
COP 269
USD 0.073Colombia
COP 291
USD 0.079
-
PC game (Cyberpunk 2077) 1 game ×0.73South Korea
COP 144,965
KRW 66,000Colombia
COP 199,000
COP 199,000
-
Electricity 1kWh (household) 1 kWh ×0.61South Korea
COP 468
USD 0.127Colombia
COP 763
USD 0.207
-
Big Mac 1 burger ×0.60South Korea
COP 13,795
KRW 5,500Colombia
COP 22,900
COP 22,900
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
-10%
in COP
It rose 20% in local currency, but -10% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.
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