Verified Facts

Official NameDemocratic People's Republic of Korea
CapitalPyongyang
Population25.9 million
Area120,538 km² (46,540 sq mi)
LanguagesKorean
CurrencyNorth Korean won (â‚©)
TimezoneUTC+09:00
RegionAsia / Eastern Asia
Drives onRight
Source: REST Countries API

North Korea is generally cheaper than Russia, with an overall cost of living difference of around 30-40% in favor of North Korea.

Quick Facts

North Korea GDP per Capita (PPP)1,300
Russia GDP per Capita (PPP)29,900
North Korea Inflation Rate55%
Russia Inflation Rate3.8%
Overall Winner (Cheaper)North Korea

Overview: North Korea vs Russia

The cost of living in North Korea and Russia is vastly different due to the unique economic contexts of each country. North Korea, being one of the most isolated countries in the world, has a largely closed economy with limited access to international markets, resulting in a relatively low cost of living. In contrast, Russia has a more open economy with a mix of state-owned and private enterprises, which contributes to its higher cost of living. Overall, North Korea is generally cheaper than Russia, with prices for everyday items and services being significantly lower. However, it is essential to note that the availability and quality of goods and services in North Korea are often limited, which can affect the overall standard of living.

The economic context of each country plays a significant role in determining the cost of living. North Korea's economy is heavily reliant on state-controlled industries, which can lead to shortages and limited availability of certain goods. In contrast, Russia has a more diversified economy with a strong presence of international companies, which can drive up prices. Additionally, Russia's larger size and more extensive transportation network contribute to higher costs for transportation and logistics. Despite these differences, both countries offer unique cultural and historical experiences that can be appealing to visitors and expats alike.

Rent & Housing Comparison

ItemNorth Korea (USD)Russia (USD)Difference
1BR Apartment (City Center)200400100% more expensive in Russia
1BR Apartment (Outside)100250150% more expensive in Russia
3BR Apartment (City Center)5001,200140% more expensive in Russia

Food & Dining Comparison

ItemNorth Korea (USD)Russia (USD)Difference
Meal at Restaurant510100% more expensive in Russia
Groceries (monthly)50100100% more expensive in Russia
Beer (500ml)2350% more expensive in Russia
Coffee12100% more expensive in Russia

Transport Comparison

ItemNorth Korea (USD)Russia (USD)Difference
Monthly Transit Pass1020100% more expensive in Russia
Taxi (per km)0.51100% more expensive in Russia
Fuel (per liter)0.81.250% more expensive in Russia

Utilities & Internet Comparison

ItemNorth Korea (USD)Russia (USD)Difference
Utilities (85 sqm apt)30100233% more expensive in Russia
Internet (60 Mbps)203050% more expensive in Russia
Mobile Plan1020100% more expensive in Russia

Monthly Budget Comparison

Budget TierNorth Korea (USD)Russia (USD)Savings
Budget30060050% savings in North Korea
Mid-Range6001,20050% savings in North Korea
Comfortable1,2002,50052% savings in North Korea

Where Each Country Wins

  • North Korea is cheaper for:
  • Rent and housing, with prices being significantly lower than in Russia
  • Food and dining, with meals and groceries being more affordable
  • Transportation, with lower costs for transit passes, taxis, and fuel
  • Utilities and internet, with lower prices for basic services
  • Russia is cheaper for:
  • Certain imported goods, which may be more widely available and affordable in Russia
  • Travel and tourism, with more options for domestic and international travel
  • Education, with a more developed and accessible education system
  • Healthcare, with better-equipped and staffed medical facilities

Bottom Line

The choice between North Korea and Russia ultimately depends on individual priorities and lifestyle. For expats and travelers looking for a unique cultural experience and a low cost of living, North Korea may be the better choice. However, for those prioritizing access to modern amenities, international goods, and a more developed infrastructure, Russia may be more suitable. Additionally, students and families may find Russia's more developed education system and healthcare facilities more appealing. Retirees, on the other hand, may prefer North Korea's lower cost of living and more relaxed pace of life. Ultimately, it is essential to carefully consider the pros and cons of each country and weigh individual priorities before making a decision.

In terms of value for money, North Korea offers a unique and affordable experience for those willing to adapt to its limitations. With careful planning and research, visitors can find affordable accommodation, food, and transportation options, making it an attractive destination for budget-conscious travelers. Russia, on the other hand, offers a more modern and developed experience, with a wider range of amenities and services available. While prices may be higher, the convenience and accessibility of Russia's infrastructure make it an attractive option for those prioritizing comfort and convenience.