London vs Seoul Cost of Living Comparison

Takeaway for London vs Seoul: everyday costs favor Seoul (~9% CPI gap), housing index favors Seoul, wage stretch favors Seoul. Use category winners, not a single headline, when the binding constraint is rent or income.

Overall Cost Winner

Seoul

Lower overall CPI; largest measurable gaps: Salary (239398% gap, Seoul ahead); Internet (138524% gap, London ahead).

Monthly Cost Difference

Estimated monthly housing+utilities+internet basket is about $1,127 lower in Seoul than in London (~38% gap; converted via exchange rates).

Estimated monthly difference: $1,127 (favoring Seoul).

Category Winners

CategoryWinnerNote
Overall CPISeoulCPI 71.6 vs 78.3 (lower is better)
HousingSeoulRent index 47.9 vs 78 (lower is better)
FoodLondonGroceries index 68 vs 92.5 (lower is better)
TransportLondonOne-way ticket 1.7 vs 2117.06 (lower is better)
UtilitiesLondonUtilities (85m²) 121.68 vs 132204 (lower is better)
InternetLondonInternet 46.41 vs 64335.6 (lower is better)
RestaurantsSeoulRestaurant index 68.5 vs 80 (lower is better)
SalarySeoulAvg net salary 11003016 vs 4594.2 (higher is better)
Purchasing PowerSeoulPP index 128.6 vs 95 (higher is better)

Biggest Difference

Salary: Seoul leads with a 239398% gap.

Avg net salary 11003016 vs 4594.2 (higher is better)

Quick Decision

  • Students: Seoul — Lower housing / rent index (39% gap).
  • Families: Seoul — Housing is typically the largest household line; rent index favors Seoul; purchasing power favors Seoul.
  • Remote Workers: Seoul — Everyday cost index (CPI) favors Seoul (~9% gap).
  • Budget Living: Seoul — Lowest overall consumer-price index in this pair.

Key Takeaways

  • Seoul is the overall cost winner on CPI (~9% lower everyday-cost index than London).
  • Housing: Seoul leads on rent index (39% gap).
  • Food / groceries: London is lower (36% gap).
  • Purchasing power: Seoul scores higher (35% gap).
  • Largest category gap: Salary (239398%), favoring Seoul.
  • Sample monthly basket (1BR + utilities + internet) is ~$1,127 cheaper in Seoul.

Analysis

London versus Seoul is not a single number. With a 9% CPI spread, groceries and services tend to move with Seoul, while housing follows Seoul's rent index. Purchasing power (95 vs 128.6) decides whether local wages offset local prices.

City pages

  • London, England
  • Seoul, Seoul

Country pages

  • United Kingdom
  • South Korea

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Trust & data transparency

Last updated: 2026-08-21

Data Sources

This page uses CityCost index inputs. Platform sources (see also Data sources):

  • Real
  • Regional

On-page labels for this view: Real · Regional.

Methodology

Each indexed city is associated with a reference basket of common living costs (for example rent, groceries samples, transport tickets, utilities, restaurant meals, and net salary where available). From those items, the platform derives relative indices such as CPI, rent, groceries, restaurants, and local purchasing power, using New York City = 100 as the familiar baseline convention for relative comparison.

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