City Comparison

Stockholm vs Seoul

Cost of Living Comparison 2026

Seoul is ~3% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Stockholm

Sweden

COL+Rent

51

Rent Index

32.7

Groceries

59.6

Restaurant

62.4

Seoul

South Korea

COL+Rent

49.5

Rent Index

23.8

Groceries

94.6

Restaurant

46.5

Monthly Cost Comparison

CategoryStockholmSeoulDiff
Rent (1BR City)$1,449$1,014+$435
Rent (1BR Outside)$1,139$733+$406
Groceries$339$586$247
Restaurant Meal$17$12+$5
Transit Pass$93$55+$38
Utilities$103$156$53

Monthly Budget Comparison

LifestyleStockholmSeoul
Minimal$1,640/mo$1,402/mo
Typical$2,239/mo$1,991/mo
Comfortable$2,779/mo$2,440/mo

Purchasing Power Equivalence

Budget in Stockholm≈ in SeoulDifference
$1,500/mo$1,456/mo-$44
$2,000/mo$1,941/mo-$59
$3,000/mo$2,912/mo-$88

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Stockholm vs Seoul for Expats & Remote Workers

Our data shows Seoul is approximately 3% more affordable than Stockholm when combining rent and daily living costs. Stockholm's COL+Rent Index of 51 vs Seoul's 49.5 (both measured against New York City = 100) reflects a relatively small gap, meaning the decision between these cities often comes down to lifestyle preferences rather than pure cost.

Housing is the biggest differentiator: a city-center one-bedroom in Stockholm costs $1,449/month versus $1,014/month in Seoulgiving Seoul a $435/month advantage on housing alone. Over a full year, this rent difference alone amounts to $5,220 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Stockholm ($339/mo) vs Seoul ($586/mo) reflect Stockholm's lower food prices, while restaurant meals at $17 vs $12 show Seoul offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Seoul offers meaningfully better value — your typical monthly budget of $1,991 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

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Frequently Asked Questions

Is Stockholm or Seoul cheaper to live in?
Seoul is approximately 3% cheaper overall. Stockholm's COL+Rent Index is 51 vs Seoul's 49.5 (NYC = 100).
How much is rent in Stockholm vs Seoul?
A 1BR in Stockholm city center costs ~$1,449/mo vs $1,014/mo in Seoul. Outside the center: $1,139 vs $733.
What is $2,000/month in Stockholm worth in Seoul?
Using cost-of-living adjustment, $2,000/month in Stockholm has the purchasing power of approximately $1,941/month in Seoul.
Are groceries cheaper in Stockholm or Seoul?
Monthly groceries cost approximately $339 in Stockholm vs $586 in Seoul. Groceries Index: 59.6 vs 94.6 (NYC = 100).