South Korea
Compared with Spain, using real observed prices.
Baseline: Spain = 1×
Overall verdict
South Korea is about 0.70×
Spain.
Average across 4 categories, 7 items with data
The shape of prices (vs
Spain = 1×)
How to read this
The centre line is Spain. 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
Spain
Spain = 1×
South Korea is pricier →
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 Spain — but Electricity 1kWh (household) costs only 0.5×. Calling this country simply "expensive" hides a gap this wide.
Real prices. Real sources. Real dates.
-
iPhone (base model, base storage) 1 unit ×0.81
South Korea €774.97 KRW 1,290,000
Spain €959.00 EUR 959
-
Gasoline 1L 1 L ×0.78
South Korea €1.25 USD 1.427
Spain €1.62 USD 1.841
-
Diesel 1L 1 L ×0.74
South Korea €1.24 USD 1.415
Spain €1.68 USD 1.911
-
Natural gas 1kWh (household) 1 kWh ×0.74
South Korea €0.06 USD 0.073
Spain €0.09 USD 0.099
-
PC game (Cyberpunk 2077) 1 game ×0.66
South Korea €39.65 KRW 66,000
Spain €59.99 EUR 59.99
-
Electricity 1kWh (household) 1 kWh ×0.50
South Korea €0.11 USD 0.127
Spain €0.22 USD 0.255
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
-5%
in EUR
It rose 20% in local currency, but -5% in yours. Most of what you feel is the exchange rate, not South Korea's inflation.