South Korea

Compared with Italy, using real observed prices.

Baseline: Italy = 1×

South Korea vs

Italy

Overall verdict

South Korea is about 0.60× Italy.

Average across 4 categories, 7 items with data

The shape of prices (vs Italy = 1×)

How to read this

The centre line is Italy. 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

Italy Italy = 1×

South Korea is pricier →

📱 Electronics 1 item

×0.79
🎟 Leisure 1 item

×0.66
⛽ Transport 2 items

×0.61
⚡ Utilities 2 items

×0.40

Thin bar shows the range (cheapest to priciest item in the category)

In South Korea, iPhone (base model, base storage) costs 0.8× what it does in Italy — but Electricity 1kWh (household) costs only 0.3×. Calling this country simply "expensive" hides a gap this wide.

Real prices. Real sources. Real dates.

iPhone (base model, base storage) 1 unit ×0.79

South Korea €774.97 KRW 1,290,000

Italy €979.00 EUR 979

Observed 2026-07-27 · Apple official online store
PC game (Cyberpunk 2077) 1 game ×0.66

South Korea €39.65 KRW 66,000

Italy €59.99 EUR 59.99

Observed 2026-07-27 · Steam Store
Gasoline 1L 1 L ×0.64

South Korea €1.25 USD 1.427

Italy €1.95 USD 2.22

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×0.59

South Korea €1.24 USD 1.415

Italy €2.11 USD 2.407

Observed 2026-07-20 · GlobalPetrolPrices.com
Natural gas 1kWh (household) 1 kWh ×0.52

South Korea €0.06 USD 0.073

Italy €0.12 USD 0.141

Observed 2026-04-01 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×0.31

South Korea €0.11 USD 0.127

Italy €0.36 USD 0.414

Observed 2026-04-01 · GlobalPetrolPrices.com