City Comparison

Billings vs Seoul

Cost of Living Comparison · 2026

Billings

Montana
98
Average
$310,000
Median Home
$1,200/mo
Median Rent
$55,438
Median Income

Seoul

South Korea
82
Very Affordable
$520,000
Median Home
$1,100/mo
Median Rent
$38,000
Median Income

The Verdict

19.5%

Seoul is 19.5% less expensive than Billings overall. A household earning $75,000 in Billings would need approximately $62,755 in Seoul to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
93
Billings
115
Seoul
Groceries
99
Billings
88
Seoul
Utilities
89
Billings
68
Seoul
Transportation
101
Billings
62
Seoul
Healthcare
102
Billings
52
Seoul

Salary Equivalence

A $75,000 salary in Billings has the same purchasing power as $62,755 in Seoul.

Conversely, $75,000 in Seoul equals $89,634 in Billings.

Living in Billings vs Seoul

Housing Costs

Billings's housing index of 93 is lower Seoul's 115, translating to median home prices of $310,000 vs $520,000. The $210,000 difference in home prices means roughly $13,656 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Billings compared to $1,100/mo in Seoul, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 99 in Billings and 88 in Seoul. A household spending the national average of $475/month on groceries would pay approximately $470/month in Billings vs $418/month in Seoul. Seoul offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 89 in Billings and 68 in Seoul. Monthly utility bills average approximately $356 in Billings vs $272 in Seoul. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 102 in Billings and 52 in Seoul. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 50-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,438 in Billings and $38,000 in Seoul. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $56,569 and $46,341 respectively. Billings residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,294/month to housing in Billings vs $887/month in Seoul. In Billings, median rent of $1,200/mo fits within this budget. In Seoul, median rent of $1,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 50 index points — focus your budget analysis there.

Frequently Asked Questions

Seoul is 19.5% more affordable overall with an index of 82 vs 98.
A $75,000 salary in Billings has equivalent purchasing power to approximately $62,755 in Seoul, based on the cost of living difference.
Billings's housing index is 93 with median homes at $310,000, while Seoul's is 115 with median homes at $520,000.

Moving & Relocation Resources

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