South Korea
Compared with Philippines, using real observed prices.
Baseline: Philippines = 1×
Overall verdict
South Korea is about 0.98×
Philippines.
Average across 5 categories, 7 items with data
The shape of prices (vs
Philippines = 1×)
How to read this
The centre line is Philippines. 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
Philippines
Philippines = 1×
South Korea is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Korea, Big Mac costs 1.3× what it does in Philippines — 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.
-
Big Mac 1 burger ×1.32
South Korea ₱222.55 KRW 5,500
Philippines ₱169.00 PHP 169
-
Diesel 1L 1 L ×1.12
South Korea ₱87.23 USD 1.415
Philippines ₱77.73 USD 1.261
-
Gasoline 1L 1 L ×1.08
South Korea ₱87.97 USD 1.427
Philippines ₱81.49 USD 1.322
-
PC game (Cyberpunk 2077) 1 game ×1.07
South Korea ₱2,790 KRW 66,000
Philippines ₱2,599 PHP 2,599
-
iPhone (base model, base storage) 1 unit ×0.94
South Korea ₱54,529 KRW 1,290,000
Philippines ₱57,990 PHP 57,990
-
Electricity 1kWh (household) 1 kWh ×0.61
South Korea ₱7.64 USD 0.127
Philippines ₱12.58 USD 0.209
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
+11%
in PHP
It rose 20% in local currency, but 11% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.