South Korea

Compared with Norway, using real observed prices.

Baseline: Norway = 1×

South Korea vs

Norway

Overall verdict

South Korea is about 0.66× Norway.

Average across 5 categories, 7 items with data

The shape of prices (vs Norway = 1×)

How to read this

The centre line is Norway. 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

Norway Norway = 1×

South Korea is pricier →

⚡ Utilities 1 item

×0.77
🎟 Leisure 1 item

×0.75
📱 Electronics 1 item

×0.70
⛽ Transport 2 items

×0.63
🍔 Food & Dining 1 item

×0.50

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

In South Korea, Electricity 1kWh (household) costs 0.8× what it does in Norway — but Big Mac costs only 0.5×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Electricity 1kWh (household) 1 kWh ×0.77

South Korea NOK 1.23 USD 0.127

Norway NOK 1.59 USD 0.165

Observed 2026-04-01 · GlobalPetrolPrices.com
PC game (Cyberpunk 2077) 1 game ×0.75

South Korea NOK 432.27 KRW 66,000

Norway NOK 579.00 NOK 579

Observed 2026-07-27 · Steam Store
iPhone (base model, base storage) 1 unit ×0.70

South Korea NOK 8,449 KRW 1,290,000

Norway NOK 11,990 NOK 11,990

Observed 2026-07-27 · Apple official online store
Diesel 1L 1 L ×0.64

South Korea NOK 14.06 USD 1.415

Norway NOK 22.13 USD 2.227

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.62

South Korea NOK 14.18 USD 1.427

Norway NOK 22.94 USD 2.308

Observed 2026-07-20 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.50

South Korea NOK 37.84 KRW 5,500

Norway NOK 76.00 NOK 76

Observed 2026-01-01 · The Economist Big Mac Index