City Comparison

Seoul vs Springfield

Cost of Living Comparison · 2026

Seoul

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

Springfield

Illinois
78
Very Affordable
$162,000
Median Home
$925/mo
Median Rent
$65,500
Median Income

The Verdict

5.1%

Springfield is 5.1% less expensive than Seoul overall. A household earning $75,000 in Seoul would need approximately $71,341 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
115
Seoul
52
Springfield
Groceries
88
Seoul
98
Springfield
Utilities
68
Seoul
98
Springfield
Transportation
62
Seoul
114
Springfield
Healthcare
52
Seoul
91
Springfield

Salary Equivalence

A $75,000 salary in Seoul has the same purchasing power as $71,341 in Springfield.

Conversely, $75,000 in Springfield equals $78,846 in Seoul.

Living in Seoul vs Springfield

Housing Costs

Seoul's housing index of 115 is higher Springfield's 52, translating to median home prices of $520,000 vs $162,000. The $358,000 difference in home prices means roughly $23,268 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Seoul compared to $925/mo in Springfield, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 88 in Seoul and 98 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $418/month in Seoul vs $466/month in Springfield. Seoul offers a meaningful advantage on everyday food costs, saving roughly $576/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 68 in Seoul and 98 in Springfield. Monthly utility bills average approximately $272 in Seoul vs $392 in Springfield. 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 52 in Seoul and 91 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 39-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $38,000 in Seoul and $65,500 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $46,341 and $83,974 respectively. Springfield residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $887/month to housing in Seoul vs $1,528/month in Springfield. In Seoul, median rent of $1,100/mo exceeds this threshold, suggesting renters may feel stretched. In Springfield, median rent of $925/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 63 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 5.1% more affordable overall with an index of 78 vs 82.
A $75,000 salary in Seoul has equivalent purchasing power to approximately $71,341 in Springfield, based on the cost of living difference.
Seoul's housing index is 115 with median homes at $520,000, while Springfield's is 52 with median homes at $162,000.

Moving & Relocation Resources

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