Yes, living in South Korea is costlier than living in India.
When evaluating the cost of living between these two countries, South Korea is generally considered more expensive than India.
Understanding the Cost Difference
Based on available information, living in South Korea is costlier than living in India. This difference in the cost of living is influenced by various factors, but one specific area holds significant weight: accommodations.
- Accommodations: The primary reason cited for South Korea being more expensive is the cost of housing. The major weightage towards the average cost of living in South Korea is of accommodations. Compared to India, accommodations are way pricier in South Korea in comparison to India. This substantial difference in rent or property costs plays a crucial role in elevating the overall expense of residing in South Korea.
While daily expenses, transportation, or other goods and services also contribute to the overall cost, the significant difference in accommodation costs is a key factor driving up the cost of living in South Korea relative to India.
