In 2023, the price of an apple in South Korea was nearly three times higher than the average in the countries of the Organization for Economic Co-operation and Development (OECD). Groceries such as pork and potatoes cost almost double the average, while clothing prices were similarly higher than international standards. In contrast, water and electricity costs were about half the price compared to the OECD average.
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Yonhap. (June 17, 2024). Price level index of South Korea compared to the OECD average in 2023, by item [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1498997/south-korea-price-level-compared-to-oecd-average-by-item/
Yonhap. "Price level index of South Korea compared to the OECD average in 2023, by item." Chart. June 17, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1498997/south-korea-price-level-compared-to-oecd-average-by-item/
Yonhap. (2024). Price level index of South Korea compared to the OECD average in 2023, by item. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1498997/south-korea-price-level-compared-to-oecd-average-by-item/
Yonhap. "Price Level Index of South Korea Compared to The Oecd Average in 2023, by Item." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Jun 2024, /statistics/1498997/south-korea-price-level-compared-to-oecd-average-by-item/
Yonhap, Price level index of South Korea compared to the OECD average in 2023, by item ÌÇÐÄÆƽâ°æ, /statistics/1498997/south-korea-price-level-compared-to-oecd-average-by-item/ (last visited July 27, 2026)
Price level index of South Korea compared to the OECD average in 2023, by item [Graph], Yonhap, June 17, 2024. [Online]. Available: /statistics/1498997/south-korea-price-level-compared-to-oecd-average-by-item/
