South Korea
Compared with South Africa, using real observed prices.
Baseline: South Africa = 1×
Overall verdict
South Korea is about 0.87×
South Africa.
Average across 4 categories, 7 items with data
The shape of prices (vs
South Africa = 1×)
How to read this
The centre line is South Africa. 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
South Africa
South Africa = 1×
South Korea is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Korea, Big Mac costs 1.1× what it does in South Africa — 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 ×1.11
South Korea ZAR 61.18 KRW 5,500
South Africa ZAR 54.90 ZAR 54.9
-
PC game (Cyberpunk 2077) 1 game ×0.95
South Korea ZAR 759.15 KRW 66,000
South Africa ZAR 799.00 ZAR 799
-
Gasoline 1L 1 L ×0.92
South Korea ZAR 23.45 USD 1.427
South Africa ZAR 25.62 USD 1.559
-
Diesel 1L 1 L ×0.85
South Korea ZAR 23.25 USD 1.415
South Africa ZAR 27.44 USD 1.67
-
Electricity 1kWh (household) 1 kWh ×0.61
South Korea ZAR 2.13 USD 0.127
South Africa ZAR 3.51 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
+4%
in ZAR
It rose 20% in local currency, but 4% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.