Gasoline / Petrol (1 Liter): South Korea vs Singapore
How much does Gasoline / Petrol (1 Liter) cost in South Korea compared to Singapore?
South Korea
CheaperLocal Price
₩2,198
USD Equivalent
$1.41 ✓ Verified
Singapore
Local Price
$3.22
USD Equivalent
$2.49 ✓ Verified
Summary
Gasoline / Petrol (1 Liter) is 76.6% cheaper in South Korea 🇰🇷 compared to Singapore. That's a significant price difference! You would save approximately $1.08 by buying in South Korea.
Why Is Gasoline / Petrol (1 Liter) Much Cheaper in South Korea?
The 77% price gap between South Korea and Singapore for Gasoline / Petrol (1 Liter) comes down to several factors. Currency exchange rates play a major role — the KRW and SGD have different purchasing power, which directly affects how prices translate to USD. Beyond exchange rates, differences in local taxes (VAT, import duties, excise taxes), distribution costs, and market competition all contribute.
A $1.08 difference per unit can add up quickly for bulk purchases or for travelers deciding where to buy. However, keep in mind that prices fluctuate with exchange rates and local promotions. This comparison was last updated in 2026.