South Korea
Compared with Mexico, using real observed prices.
Baseline: 
Mexico = 1×
South Korea
vs
Mexico
Overall verdict
South Korea is about 0.87× Mexico.
Average across 5 categories, 7 items with data
The shape of prices (vs Mexico = 1×)
How to read this
The centre line is Mexico. 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 Mexico
Mexico = 1×
South Korea is pricier →
Mexico
Mexico = 1×
South Korea is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Korea, Natural gas 1kWh (household) costs 2.0× what it does in Mexico — 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.
-
Natural gas 1kWh (household) 1 kWh ×2.03South Korea
MX$1.30
USD 0.073Mexico
MX$0.64
USD 0.036
-
Electricity 1kWh (household) 1 kWh ×1.17South Korea
MX$2.27
USD 0.127Mexico
MX$1.95
USD 0.109
-
Diesel 1L 1 L ×0.92South Korea
MX$24.81
USD 1.415Mexico
MX$27.11
USD 1.546
-
Gasoline 1L 1 L ×0.88South Korea
MX$25.02
USD 1.427Mexico
MX$28.48
USD 1.624
-
PC game (Cyberpunk 2077) 1 game ×0.79South Korea
MX$788.79
KRW 66,000Mexico
MX$999.00
MXN 999
-
iPhone (base model, base storage) 1 unit ×0.77South Korea
MX$15,417
KRW 1,290,000Mexico
MX$19,999
MXN 19,999
-
Big Mac 1 burger ×0.61South Korea
MX$66.14
KRW 5,500Mexico
MX$109.00
MXN 109
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
-18%
in MXN
It rose 20% in local currency, but -18% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.
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