Cost of living in Seoul South Korea Introduction
Hey Friends! The Cost Of Living In Seoul South Korea makes it possible to Live For $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month. For a strict Budget vs a Luxury Budget.
Seoul South Korea is a beautiful city with a unique culture that draws people from all over the world. Known for its vibrant cities, delicious cuisine, and advanced technology, Seoul has become an increasingly popular destination for tourists and expats alike.
This article will take you on a journey with Videos, a Table of expenses, Facebook Groups, Rental sites and more to explore the costs of living in Seoul South Korea, from housing and transportation to food and things to do here.
With our expert analysis, practical insights, Research and personal experience in Seoul South Korea, you’ll know what to expect when moving to Seoul.
Whether you’re a digital nomad, Expat, Retiree, or just looking to experience Seoul South Korea for a few months, our guide is going to help you make the most of your budget with a range of expenses estimated to cost between $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month.
Seoul, the capital of South Korea, is a vibrant city with a rich cultural heritage and a dynamic economy. With a population of over 10 million people, Seoul is one of the most populous cities in the world. But what makes Seoul such a great place to live? Here are 6 reasons why you should consider moving to Seoul South Korea:
- Cost of Living In Seoul South Korea: The Average monthly cost of living, including rent, utilities, food, and transportation, ranges from $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month.
- High Quality of Life in Seoul
- Thriving Economy
- Affordable Cost of Living
- Rich Cultural Heritage
- Delicious Food
Table Of Contents
Cost Of Living in Seoul South Korea Quick Facts Key Takeaways
Here are some quick facts about the cost of living in Seoul South Korea:
- Here’s a breakdown of some key expenses: Total Monthly Living Costs in Seoul South Korea, Is $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month. For all expenses, and if you budget smartly, you can expect to spend $1600 to $2500 per month for all expenses.
- Seoul South Korea, is 54% times cheaper than New York City, United States.
- Living well in Seoul South Korea is possible with a monthly income of around $2600.
- The monthly rent, food budget, housing expenses, and transportation options in Seoul South Korea are determined by your budget.
- To maintain the same standard of life as $10,000 in New York City, an estimated $4,700 is needed in Seoul South Korea.
- On average, the cost of living in Seoul South Korea, is 54% cheaper than in New York City, United States.
- On average, rent in Seoul South Korea is 54% cheaper than in New York City, New York, USA.
- The costs of rent in Seoul South Korea range from $350 – $1000 Per month. Depending on your budget.
- A budget food and grocery plan in Seoul South Korea will cost around $320 – $1200 per month, depending on location and budget.
- An estimated monthly cost for a family of four in Seoul South Korea is $3450.
- An estimated monthly cost for a single person in Seoul South Korea is $1200 – $2,000.
- Transportation costs in Seoul South Korea are estimated to be $60 – $300 per month.
- Expats and digital nomads may spend more, $1700 – $2500 per month, to maintain their living standards in Seoul South Korea. We spent around $1,296 – $2,880 (KRW 1,458,912 – KRW 3,492,400) per month for example.
Our Personal Costs of Living in Seoul South Korea: Table of expenses Breakdown 2024
Living in Seoul South Korea can be an exciting and rewarding experience, but it’s important to understand the cost of living before you go. Here’s a breakdown of our monthly cost of living in Seoul South Korea:
- Our Monthly Cost Of Rent and Accommodation in Seoul South Korea: I spend between $600 and $1,200 a month on rent and accommodation, which comes to KRW 674,400 to KRW 1,348,800.
- Our Monthly Cost Of Utilities in Seoul South Korea: My monthly utility costs are between $100 and $240, or KRW 112,000 to KRW 269,760.
- Our Monthly Cost Of Gym membership in Seoul South Korea: I pay between $36 and $120 per month for my gym membership in Seoul, which translates to KRW 40,752 to KRW 136,320.
- Our Monthly Cost Of Food and Groceries in Seoul South Korea: My monthly food and grocery expenses range from $360 to $600, or KRW 404,640 to KRW 674,400.
- Our Monthly Cost Of Transportation in Seoul South Korea: I spend between $60 and $180 monthly on transportation, equivalent to KRW 67,440 to KRW 203,040.
- Our Monthly Cost Of Activities, Leisure, Entertainment in Seoul South Korea: My monthly expenses for leisure and entertainment activities are between $120 and $360, or KRW 135,840 to KRW 407,520.
- Our Monthly Cost Of Health Insurance in Seoul South Korea: I pay between $60 and $180 per month for health insurance, which comes to KRW 67,440 to KRW 203,040.
Overall, my total monthly expenses for living in Seoul, South Korea range from $1,296 to $2,880, or KRW 1,458,912 to KRW 3,492,400.
Table of Our Personal Cost Of Living In Seoul South Korea:
| Our Monthly Cost of Living In Seoul South Korea | Cost (USD) | Cost (KRW WON) |
|---|---|---|
| Our Monthly Cost of Rent and Accommodation in Seoul South Korea | $600 – $1,200 | KRW 674,400 – KRW 1,348,800 |
| Our Monthly Cost of Utilities | $100 – $240 | KRW 112,000 – KRW 269,760 |
| Our Gym Cost per month in Seoul South Korea | $36 – $120 | KRW 40,752 – KRW 136,320 |
| Our Monthly Cost of Food and Groceries | $360 – $600 | KRW 404,640 – KRW 674,400 |
| Our Monthly Cost of Transportation | $60 – $180 | KRW 67,440 – KRW 203,040 |
| Our Monthly Cost of Activities, Leisure, Entertainment | $120 – $360 | KRW 135,840 – KRW 407,520 |
| Our Monthly Cost of Health Insurance | $60 – $180 | KRW 67,440 – KRW 203,040 |
| Our Monthly Cost of Living in Seoul South Korea total expenses | $1,296 – $2,880 | KRW 1,458,912 – KRW 3,492,400 |
Monthly Cost of Living in Seoul South Korea Summary Cost Of Rent, Groceries, Transportation, Healthcare: $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month
You can live in Seoul South Korea, for around $1,044 a month for all expenses on a tight budget or $4,860 a month if you want to live much more luxuriously. The Cost of living in Seoul South Korea is from $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month.
You can still maintain a monthly budget and enjoy all the beautiful things Seoul South Korea, offers.
The following is a breakdown of the average cost of living in Seoul South Korea:
- Rent: The cost of renting a studio apartment in Seoul can range from $360 to $1,248 per month (396,000 to 1.37 million KRW), while a one-bedroom apartment can cost $600 to $1,200 per month (660,000 to 1.32 million KRW). Two-bedroom apartments can cost between $960 and $1,800 per month (1.056 million to 1.98 million KRW), and three-bedroom apartments can cost $1,800 to $3,000 per month (1.98 million to 3.3 million KRW).
- Utilities: Monthly utilities, including electricity and water, can cost between $120 and $240 (132,000 to 264,000 KRW).
- Mobile phone and internet: Monthly costs for mobile phone plans with unlimited data and SIM cards can range from $24 to $60 (26,400 to 66,000 KRW), while internet costs can also range from $24 to $60 per month (26,400 to 66,000 KRW).
- Food: Groceries, dining out, partying, and nightlife expenses can add up to $400 to $800 per month (440,000 to 880,000 KRW).
- Transportation: Monthly transportation costs, including public transport, taxis, scooters, and cars, can range from $60 to $180 (66,000 to 198,000 KRW).
- Healthy activities: Costs for gyms, martial arts, yoga, massages, and other healthy activities can range from $36 to $120 per month (39,600 to 132,000 KRW).
- Health insurance: Health insurance can cost between $60 and $240 per month (66,000 to 264,000 KRW), depending on the provider.
The total monthly cost of living in Seoul, South Korea, can range from $1,044 to $4,860 (1.148 million to 5.346 million KRW)
A great monthly budget for a single person living in Seoul South Korea, is around $2100 to $3100 monthly. You can also do it for cheaper.
The costs of living in Seoul Depending on various factors and spending habits, the price may change. Others spend $5,000 or more each month for an extravagant, next-level lifestyle or even $1,200 on the strictest budget staying in hostels, couchsurfing, and smaller studio apartments, ensuring they make it work no matter what!
- Expect to spend $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month. for a single person or a family living in Seoul South Korea. $2100 per Month is sufficient to live on.
- Local Seoul South Korea markets, Local Food trucks, Local food shops, and supermarkets are the most cost-effective and knowledgeable ways to shop and eat in Seoul South Korea!
Table of expenses for a couple living in Seoul South Korea per month:
| Average Cost of Living in Seoul South Korea | Cost in USD | Cost in KRW |
|---|---|---|
| Cost of Rent (Studio apartment) | $360 – $1,248 | 396,000 – 1.37 million KRW |
| Cost of Rent (1 bedroom apartment) | $600 – $1,200 | 660,000 – 1.32 million KRW |
| Cost of Rent (2 bedroom apartment) | $960 – $1,800 | 1.056 million – 1.98 million KRW |
| Cost of Rent (3 bedroom apartment) | $1,800 – $3,000 | 1.98 million – 3.3 million KRW |
| Cost of Utilities (electricity, water) | $120 – $240 | 132,000 – 264,000 KRW |
| Cost of Mobile phone (unlimited data plan, Sim Card) | $24 – $60 | 26,400 – 66,000 KRW |
| Cost of Internet (wifi) | $24 – $60 | 26,400 – 66,000 KRW |
| Cost of Food (groceries, dining out, Partying, nightlife) | $400 – $800 | 440,000 – 880,000 KRW |
| Cost of Transportation (Public transport, Taxi, Scooter, car) | $60 – $180 | 66,000 – 198,000 KRW |
| Cost of Healthy activities (gym, martial arts, yoga, massages) | $36 – $120 | 39,600 – 132,000 KRW |
| Cost of Health insurance (SafetyWing, World Nomads, or Medicare) | $60 – $240 | 66,000 – 264,000 KRW |
| Total Monthly Cost Of Living In Seoul South Korea | $1,044 – $4,860 | 1.148 million – 5.346 million KRW |
Cost of Living in Seoul South Korea: Table of Expenses in 2024
This table of expenses will help you plan your budget for your move to Seoul South Korea.
The Cost of living table below An extensive poll of Digital Nomads, Expats, travelers, our personal experience living Here, Locals, and Numbeo users were used to put this together.
The Exchange Rate is $1 USD is Currently equal to 1,309 KRW Currency South Korean Won This estimate is based on a Strict Budget Vs. A luxury Budget in Seoul South Korea per Month! The Cost Of Living Per Month In Seoul South Korea, is $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month or more, depending on your spending habits! Check out the Currency Converter.
Here is the Table of the monthly budget for two people living in Seoul South Korea:
| Cost of living in Seoul South Korea per person | Cost in USD ($) | Cost in KRW (KRW) |
|---|---|---|
| Cost of living for a single person in Seoul South Korea | $1,200 – $2,400 | 1.32 million – 2.64 million KRW |
| Cost of living for a couple in Seoul South Korea | $2,400 – $4,800 | 2.64 million – 5.28 million KRW |
| Cost of living for a family of four in Seoul South Korea | $3,600 – $7,200 | 3.96 million – 7.92 million KRW |
| Average Monthly Expenses in Seoul South Korea | Cost in USD ($) | Cost in KRW (₩) |
|---|---|---|
| Average monthly rent for a studio | $416 – $845 | ₩455,000 – ₩977,500 |
| Average monthly cost for food and groceries | $260 – $520 | ₩286,000 – ₩572,000 |
| Average monthly cost for dining out | $195 – $390 | ₩214,500 – ₩429,000 |
| Average monthly cost for miscellaneous items | $130 – $260 | ₩143,500 – ₩286,000 |
| Average monthly cost for utilities | $130 – $260 | ₩143,500 – ₩286,000 |
| Average monthly cost for transportation | $65 – $130 | ₩71,500 – ₩143,000 |
| Total average monthly cost of living in Seoul South Korea | $1,196 – $2,338 | ₩1,314,000 – ₩2,593,500 |
| Cost of Living in Seoul South Korea Expenses | Cost (Monthly) in USD | Cost (Monthly) In KRW |
|---|---|---|
| Cost of Rent and Accommodation in Seoul South Korea | $416 – $1,300 | ₩455,000 – ₩1,430,000 |
| Cost of Food and Groceries | $260 – $780 | ₩286,000 – ₩858,000 |
| Cost of Utilities | $130 – $260 | ₩143,000 – ₩286,000 |
| Cost of Public Transportation | $65 – $130 | ₩71,500 – ₩143,000 |
| Cost of Private Transportation | $260 – $520 | ₩286,000 – ₩572,000 |
| Cost of Healthcare | $65 – $260 | ₩71,500 – ₩286,000 |
| Cost of Entertainment | $65 – $260 | ₩71,500 – ₩286,000 |
| Cost of Clothing and Personal Items | $65 – $260 | ₩71,500 – ₩286,000 |
| Cost of Activities and Excursions | $65 – $260 | ₩71,500 – ₩286,000 |
Cost of Rent In Seoul South Korea In-Depth Summary And Table of Expenses
The cost of accommodation in Seoul South Korea is essential for many expats, retirees, digital nomads, and locals. It can vary depending on the apartment type and location you are looking for.
The cost of studio and one-bedroom apartments in Seoul South Korea:
- Studio apartments: The average monthly cost of renting a studio apartment in the city of Seoul is between $520 to $1,170, which translates to ₩585,000 to ₩1,300,000 in Korean won.
- The average monthly cost of renting a studio apartment outside the city is between $325 to $780, which translates to ₩364,000 to ₩884,000 in Korean won.
- 1-bedroom apartments: The average monthly cost of renting a 1-bedroom apartment in the city of Seoul is between $780 to $1,560, which translates to ₩884,000 to ₩1,755,000 in Korean won.
- The average monthly cost of renting a 1-bedroom apartment outside the city is between $455 to $1,040, which translates to ₩507,000 to ₩1,170,000 in Korean won.
| Cost of a Apartment in Seoul South Korea | Location | Average Cost per Month (USD) | Average Cost per Month (KRW) |
|---|---|---|---|
| Cost of a Studio apartment in the city of Seoul South Korea | City | $520 – $1,170 | ₩585,000 – ₩1,300,000 |
| Cost of a Studio apartment outside the city of Seoul South Korea | Outside City | $325 – $780 | ₩364,000 – ₩884,000 |
| Cost of a 1 bedroom in the city of Seoul South Korea | City | $780 – $1,560 | ₩884,000 – ₩1,755,000 |
| Cost of a 1 bedroom outside the city of Seoul South Korea | Outside City | $455 – $1,040 | ₩507,000 – ₩1,170,000 |
The Cost of 2 Bedroom Apartment in Seoul South Korea:
- The average cost of a 2 bedroom apartment in the city of Seoul, South Korea is between $960 and $2,160 per month, which is equivalent to ₩1,080,000 – ₩2,400,000 in KRW.
- The cost of a 2 bedroom apartment outside of the city of Seoul ranges from $600 to $1,440 per month, which is equivalent to ₩672,000 – ₩1,620,000 in KRW.
| Cost of a 2 Bedroom Apartment in Seoul South Korea | Location | Average Cost per Month (USD) | Average Cost per Month (KRW) |
|---|---|---|---|
| Cost of a 2 Bedroom Apartment in the city of Seoul South Korea | City | $960 – $2,160 | ₩1,080,000 – ₩2,400,000 |
| Cost of a 2 Bedroom Apartment outside the city of Seoul South Korea | Outside City | $600 – $1,440 | ₩672,000 – ₩1,620,000 |
The Cost of a 3 bedroom apartment in Seoul South Korea:
- The average cost of a 3 bedroom apartment in the city of Seoul ranges from $1,440 to $3,000 per month, which is equivalent to ₩1,620,000 to ₩3,360,000 KRW per month.
- The average cost of a 3 bedroom apartment outside the city of Seoul ranges from $960 to $1,920 per month, which is equivalent to ₩1,080,000 to ₩2,160,000 KRW per month.
| Cost of a 3 bedroom Apartment in Seoul South Korea | Location | Average Cost per Month (USD) | Average Cost per Month (KRW) |
|---|---|---|---|
| Cost of a 3 bedroom Apartment in the city of Seoul South Korea | City | $1,440 – $3,000 | ₩1,620,000 – ₩3,360,000 |
| Cost of a 3 bedroom Apartment outside the city of Seoul South Korea | Outside City | $960 – $1,920 | ₩1,080,000 – ₩2,160,000 |
The Cost of a Luxury Apartment in Seoul South Korea per month:
- The Cost of Luxury apartments located within the city of Seoul can cost between $3,000 and $4,800 per month, which is equivalent to ₩3,360,000 to ₩5,400,000 in Korean won.
- The Cost of Luxury apartments located outside the city of Seoul are relatively cheaper, costing between $2,160 and $3,000 per month, or ₩2,400,000 to ₩3,360,000 in Korean won.
- The cost of a luxury apartment is influenced by factors such as the size, amenities, and location of the apartment.
- Luxury apartments typically come with high-end finishes, modern appliances, and on-site facilities such as a gym, pool, and parking.
- Renting a luxury apartment in Seoul requires a deposit, typically equal to several months’ rent, and may also require a real estate agent fee.
| Cost of a Luxury apartment in Seoul South Korea | Location | Average Cost per Month (USD) | Average Cost per Month (KRW) |
|---|---|---|---|
| Cost of a Luxury apartment in the city of Seoul South Korea | City | $3,000 – $4,800 | ₩3,360,000 – ₩5,400,000 |
| Cost of a Luxury apartment outside the city of Seoul South Korea | Outside City | $2,160 – $3,000 | ₩2,400,000 – ₩3,360,000 |
Suppose you’re considering renting an apartment in Seoul South Korea keep in mind you will have to usually make a large deposit of around $4,500 to rent, but if you don’t want to do this, then you will pay a higher price so if you do pay the deposit you might find a cheap apartment for around 350 but if you don’t that same apartment will rent for around $450 to $600.
In that case, your best bet is to opt for a monthly personal rental via Facebook Marketplace, Real estate in Seoul South Korea rental site Helper, Booking.com, and Airbnb.
- To save money on your rental and daily expenses, consider looking for an apartment located in a neighborhood with access to local markets, gyms, and restaurants and short walking distances and safe areas.
- You can also join Facebook groups such as “Digital Nomads in Seoul South Korea” or “Expats in Seoul South Korea” and Seoul South Korea rental group on Facebook to connect with others and potentially find affordable rental options.
- Alternatively, consider staying at a Hostel, Airbnb, hotel monthly, homestay, guesthouse, or bed and breakfast in Seoul South Korea for more affordable rates rather than a costly hotel or tourist location.
Table of expenses for the Cost of rent and Accommodation in Seoul South Korea per month:
| Cost of Rent in Seoul South Korea | Cost per Month (USD) | Cost per Month (KRW) |
|---|---|---|
| Cost of a Studio Apartment in Seoul South Korea | $390 – $1170 | 455,000 KRW – 1,300,000 KRW |
| Cost of a 1 Bedroom Apartment in Seoul South Korea | $520 – $1950 | 598,000 KRW – 2,210,000 KRW |
| Cost of a 2 Bedroom Apartment in Seoul South Korea | $650 – $3250 | 754,000 KRW – 3,770,000 KRW |
| Cost of a 3 Bedroom Apartment in Seoul South Korea | $910 – $5200 | 1,053,000 KRW – 5,980,000 KRW |
| Cost of a Luxury Apartment in Seoul South Korea | $1300 – $7800 | 1,560,000 KRW – 9,100,000 KRW |
| Average Monthly Rent Expense in Seoul South Korea | Average Monthly Rent in USD | Average Monthly Rent in KRW |
|---|---|---|
| Average monthly rent for a Studio Apartment In Seoul South Korea | $600 – $1,320 | 700,000 KRW – 1,560,000 KRW |
| Average monthly rent for a 1 Bedroom Apartment In Seoul South Korea | $840 – $2,400 | 970,000 KRW – 2,760,000 KRW |
| Average monthly rent for a 2 Bedroom Apartment Seoul South Korea | $1,200 – $4,200 | 1,440,000 KRW – 5,040,000 KRW |
| Average monthly rent for a 3 Bedroom Apartment Seoul South Korea | $1,800 – $7,200 | 2,040,000 KRW – 8,400,000 KRW |
| Accommodation Type in Seoul | Average Monthly Cost in USD | Average Monthly Cost in KRW |
|---|---|---|
| Price of a 1 bedroom apartment in city center | $612 – $2,325 | ₩691,500 – ₩2,622,000 |
| Price of a 1 bedroom apartment outside city | $379 – $1,365 | ₩428,500 – ₩1,545,000 |
| Price of a Studio apartment in city center | $440 – $2,014 | ₩496,500 – ₩2,271,000 |
| Price of a Studio apartment outside city center | $312 – $1,277 | ₩352,500 – ₩1,440,000 |
| Price of a Shared room in city center | $229 – $781 | ₩258,750 – ₩880,500 |
| Price of a Shared room outside city center | $186 – $614 | ₩210,000 – ₩693,750 |
| Price of a Hotel room (3-star) | $66 – $238 | ₩74,625 – ₩267,750 |
| Price of a Hotel room (5-star) | $143 – $478 | ₩161,250 – ₩539,250 |
| Price of a 2 bedroom apartment in city center | $916 – $4,652 | ₩1,035,000 – ₩5,240,250 |
| Price of a 2 bedroom apartment outside city center | $606 – $2,276 | ₩684,000 – ₩2,565,750 |
| Price of a 3 bedroom apartment in city center | $1,646 – $7,207 | ₩1,856,250 – ₩8,120,250 |
| Price of a 3 bedroom apartment outside city center | $1,015 – $3,229 | ₩1,145,125 – ₩3,643,875 |
Table of estimated costs for rent and accommodation in Seoul South Korea:
| Housing Accommodation Type in Seoul South Korea | Price Range per day (USD) | Price Range per day (KRW) |
|---|---|---|
| Hostel | $12 – $48 | ₩12,000 – ₩60,000 |
| Budget Hotel | $48 – $84 | ₩60,000 – ₩96,000 |
| Mid-range Hotel | $84 – $180 | ₩96,000 – ₩204,000 |
| Luxury Hotel | $180 – $360+ | ₩204,000 – ₩420,000+ |
| Vacation Rental | $60 – $300+ | ₩72,000 – ₩360,000+ |
| Guest House | $36 – $84 | ₩48,000 – ₩96,000 |
| Bed & Breakfast | $48 – $180+ | ₩60,000 – ₩216,000+ |
Living in Seoul South Korea Credible Reliable Sources
Here is a list of Government resources for Visas, Cost of living in Seoul South Korea, Facebook Groups, Aprtment rental sites, Tourism Boards, and more to help you with your potential move here! I hope this helps you all as you plan your move here!
- Here is a site to find all the apartment rentals in Seoul South Korea a list of 11 Apartment sites and check out Sublet apartment rentals in Seoul South Korea Site
- Seoul South Korea Facebook Groups: Seoul South Korea Foreigners Group and Seoul South Korea expat Facebook group to connect with other expats and locals.
- South Korea Tourism Site: South Korea Tourism Board
- Seoul South Korea Data from the World Bank and World Data and South Korea Travel Data
- Seoul South Korea Embassy for more information like Visas and more from South Korea Embassy
- Government of South Korea
- For exchanging money use Wise Which is the Best Option if you are a digital nomad and Expat. a cheaper solution to send, spend and receive money internationally rather exchanging money through other platforms like Paypal, Payoneer that cost a lot of money for exchange fees and rates
Cost Of Transportation In Seoul South Korea Summary and Table of expenses
Expect to spend from $50 – $300 a month on Transportation, Most People don’t Own a car in Seoul South Korea the best way to get around is to use the Subway, High Speed Rail and Scooter, Here’s a breakdown of each transportation option, including costs:
- Subway: Seoul’s public underground train system is a convenient and affordable way to get around the city. Single ride fares range from $1.44 to $2.76 USD or KRW 1,620 to KRW 3,240, depending on the distance traveled.
- Bus: Seoul’s public bus system is another affordable way to get around the city. Single ride fares range from $1.32 to $2.64 USD or KRW 1,440 to KRW 2,880, depending on the distance traveled.
- Taxi: Private taxi services are available throughout the city. Initial fares range from $2.64 to $6.60 USD or KRW 3,600 to KRW 7,200, with additional charges of $0.12 to $0.60 USD or KRW 144 to KRW 720 per 144 meters traveled.
- Car Rental: Renting a car with insurance is also an option. Daily rental prices range from $48 to $96 USD or KRW 52,800 to KRW 105,600, depending on the type of car.
- Bicycle Rental: Renting a bicycle is a great way to explore the city. Hourly rental prices range from $2.40 to $7.20 USD or KRW 3,000 to KRW 7,200.
- Scooter Rental: Renting a scooter is another option for getting around. Daily rental prices range from $10 to $48 USD or KRW 12,000 to KRW 52,800, depending on the type of scooter.
- Train: South Korea’s national train system connects Seoul to other major cities in the country. Standard seat prices range from $24 to $120 USD or KRW 26,400 to KRW 132,000.
- High-speed Train: The high-speed train system is a faster option for traveling long distances. Standard seat prices range from $60 to $240 USD or KRW 66,000 to KRW 264,000.
- Subway (single ride): The cost for a single subway ride in Seoul ranges from $1.56 to $2.04 USD, or 1,800 to 2,400 KRW.
- Subway (monthly pass): If you plan on using the subway frequently, a monthly pass may be a better option. The cost for a monthly subway pass in Seoul ranges from $45.60 to $108 USD, or 52,800 to 124,800 KRW.
- Bus (single ride): Taking the bus is another affordable way to get around Seoul. The cost for a single bus ride in Seoul ranges from $1.56 to $2.40 USD, or 1,800 to 2,760 KRW.
- Bus (monthly pass): Similar to the subway, a monthly pass is also available for bus riders. The cost for a monthly bus pass in Seoul ranges from $45.60 to $108 USD, or 52,800 to 124,800 KRW.
- Taxi (starting fare): The starting fare for a taxi ride in Seoul is $3.60 USD, or 4,200 KRW.
- Taxi (per km): The cost for a taxi ride in Seoul increases based on distance. The cost per km ranges from $0.12 to $0.24 USD, or 144 to 276 KRW.
- Taxi (late night surcharge): If you take a taxi during late night hours, there may be an additional surcharge. The surcharge ranges from $1.80 to $3.60 USD, or 2,040 to 4,200 KRW.
- Intercity Bus: If you need to travel outside of Seoul, an intercity bus is an option. An intercity bus ride costs from $12 to $36 USD, or 13,800 to 41,400 KRW.
- Train (KTX, high-speed): The KTX high-speed train is a popular option for longer trips within South Korea. The cost for a KTX ride ranges from $48 to $180 USD, or 55,200 to 207,600 KRW.
- Train (Mugunghwa, regular): Another train option is the Mugunghwa regular train. The cost for a Mugunghwa ride ranges from $12 to $36 USD, or 13,800 to 41,400 KRW.
- Car Rental (per day): If you prefer to drive yourself, car rental is an option. The cost for car rental per day in Seoul ranges from $60 to $120 USD, or 68,400 to 138,000 KRW.
Table of estimated costs for public transportation in Seoul South Korea:
| Transportation Options in Seoul South Korea | Cost in USD | Cost in KRW |
|---|---|---|
| Subway (single ride) | $1.56 – $2.04 | 1,800 – 2,400 KRW |
| Subway (monthly pass) | $45.60 – $108 | 52,800 – 124,800 KRW |
| Bus (single ride) | $1.56 – $2.40 | 1,800 – 2,760 KRW |
| Bus (monthly pass) | $45.60 – $108 | 52,800 – 124,800 KRW |
| Taxi (starting fare) | $3.60 | 4,200 KRW |
| Taxi (per km) | $0.12 – $0.24 | 144 – 276 KRW |
| Taxi (late night surcharge) | $1.80 – $3.60 | 2,040 – 4,200 KRW |
| Intercity Bus | $12 – $36 | 13,800 – 41,400 KRW |
| Train (KTX, high-speed) | $48 – $180 | 55,200 – 207,600 KRW |
| Train (Mugunghwa, regular) | $12 – $36 | 13,800 – 41,400 KRW |
| Car Rental (per day) | $60 – $120 | 68,400 – 138,000 KRW |
| Best Transportation Options in Seoul South Korea | Description | Cost in USD | Cost in KRW |
|---|---|---|---|
| Subway | Public underground train system | $1.44 – $2.76 per ride | KRW 1,620 – KRW 3,240 per ride |
| Bus | Public bus system | $1.32 – $2.64 per ride | KRW 1,440 – KRW 2,880 per ride |
| Taxi | Private taxi service | $2.64 – $6.60 for initial fare, $0.12 – $0.60 for each additional 144m | KRW 3,600 – KRW 7,200 for initial fare, KRW 144 – KRW 720 for each additional 144m |
| Car Rental | Renting a car with insurance | $48 – $96 per day | KRW 52,800 – KRW 105,600 per day |
| Bicycle Rental | Renting a bicycle | $2.40 – $7.20 per hour | KRW 3,000 – KRW 7,200 per hour |
| Scooter Rental | Renting a scooter | $10 – $48 per day | KRW 12,000 – KRW 52,800 per day |
| Train | National train system | $24 – $120 for standard seats | KRW 26,400 – KRW 132,000 for standard seats |
| High-speed Train | High-speed train system | $60 – $240 for standard seats | KRW 66,000 – KRW 264,000 for standard seats |
Additionally, here are some other related expenses:
- Gasoline (1 gallon): around $4 – $7 per gallon.
| Monthly Cost Of Gas and Petrol For Scooter in Seoul | Cost in USD | Cost In KRW |
|---|---|---|
| Average monthly cost for gasoline, Petrol for scooter | $30 – $110 | KRW 39,000 – 144,000 KRW |
Ultimately, we recommend renting a using the public transportation Subway, High Speed Rail, Tram, and Scooter This will give you the best experience, and you can explore Seoul South Korea this way we definitely don’t recommend buying a car it is very unnecessary in Seoul South Korea.
For more information check out the Government Of transportation in Seoul South Korea
Cost of Food and Markets In Seoul South Korea Explained: Table Of Expenses 2024
The cost of food in Seoul South Korea can vary depending on your lifestyle, dining preferences, and dietary restrictions. Here is a breakdown of the average monthly costs for food in Seoul South Korea:
- Local food in Seoul South Korea refers to the cost of eating at local Korean restaurants serving traditional dishes. On average, you can expect to spend $300 to $480 USD (348,000 to 552,000 KRW) per month on these types of meals.
- Mid-range restaurants Seoul South Korea: For those who prefer to dine at mid-range restaurants, the cost can range from $480 to $960 USD (552,000 to 1,104,000 KRW) per month. These restaurants offer a wider variety of cuisines and often have more upscale settings.
- Fine dining restaurants Seoul South Korea: Fine dining in Seoul can be quite expensive, with prices ranging from $960 to $1,800 USD (1,104,000 to 2,076,000 KRW) per month. These restaurants offer the highest quality ingredients, meticulous preparation, and often breathtaking views of the city.
- Groceries Seoul South Korea: If you prefer to cook at home, you can expect to spend around $240 to $480 USD (276,000 to 552,000 KRW) per month on groceries in Seoul. This will give you a range of basic ingredients and some fresh produce.
- Supermarkets (imported goods): For those who prefer to shop for imported goods, prices can range from $600 to $960 USD (696,000 to 1,104,000 KRW) per month. These supermarkets offer a range of imported products from around the world, often at a premium.
- Street food Seoul: Street food in Seoul is a popular and affordable option, with prices ranging from $120 to $240 USD (138,000 to 276,000 KRW) per month. You can find everything from traditional Korean snacks to international cuisine.
- Specialty food stores: For those with a more discerning palate, specialty food stores can offer a wide range of gourmet ingredients, often at a premium. Prices can range from $240 to $480 USD (276,000 to 552,000 KRW) per month.
Overall, you can expect to spend anywhere from $300 to $1,800 USD (348,000 to 2,076,000 KRW) per month on food in Seoul, depending on your preferences and lifestyle.
table of expenses for the Cost of Food in Seoul South Korea per month:
| Cost of Food in Seoul South Korea | Average Monthly Cost (USD) | Average Monthly Cost (KRW) |
|---|---|---|
| Local food in Seoul South Korea | $300 – $480 | 348,000 – 552,000 KRW |
| Mid-range restaurants Seoul South Korea | $480 – $960 | 552,000 – 1,104,000 KRW |
| Fine dining restaurants Seoul South Korea | $960 – $1,800 | 1,104,000 – 2,076,000 KRW |
| Groceries Seoul South Korea | $240 – $480 | 276,000 – 552,000 KRW |
| Supermarkets (imported goods) | $600 – $960 | 696,000 – 1,104,000 KRW |
| Street food Seoul | $120 – $240 | 138,000 – 276,000 KRW |
| Specialty food stores | $240 – $480 | 276,000 – 552,000 KRW |
| Overall Monthly Cost of Food in Seoul South Korea | $300 – $1,800 | 348,000 – 2,076,000 KRW |
| Average Monthly Food Costs in Seoul South Korea | Cost in USD | Cost in KRW |
|---|---|---|
| Local Food Markets, Street food and Local Supermarkets and cheaper dining options | $300 – $480 | 348,000 – 552,000 KRW |
| Eating out at Mid range restaurants and expensive restaurants per month (No Budget) | $480 – $1,800 | 552,000 – 2,076,000 KRW |
Table of expenses for the average monthly food and grocery costs in Seoul South Korea:
| Monthly Food Expenses in Seoul South Korea | Cost in USD | Cost in KRW |
|---|---|---|
| Average monthly cost for groceries | $240 – $480 | 276,000 – 552,000 KRW |
| Average monthly cost for dining out | $480 – $1,200 | 552,000 – 1,380,000 KRW |
| Average monthly cost for miscellaneous food items | $120 – $240 | 138,000 – 276,000 KRW |
| Total average monthly cost for food in Seoul South Korea | $360 – $1,800 | 480,000 – 2,076,000 KRW |
| Cost Of Food and Groceries In a Supermarket in Seoul South Korea | Estimated Cost (USD) | Estimated Cost (KRW) |
|---|---|---|
| Milk (1 liter) | $2.65 – $3.50 | 3,120 KRW – 4,080 KRW |
| Bread (500g loaf) | $1.84 – $2.62 | 2,160 KRW – 3,120 KRW |
| Rice (1kg) | $2.65 – $3.66 | 3,120 KRW – 4,320 KRW |
| Chicken (1kg) | $6.36 – $8.60 | 7,440 KRW – 10,080 KRW |
| Apples (1kg) | $3.50 – $5.56 | 4,080 KRW – 6,480 KRW |
| Oranges (1kg) | $2.62 – $3.66 | 3,120 KRW – 4,320 KRW |
| Eggs (1 dozen) | $3.15 – $4.51 | 3,720 KRW – 5,280 KRW |
| Cheese (1kg) | $10.10 – $14.21 | 11,880 KRW – 16,680 KRW |
| Beef (1kg) | $12.72 – $20.84 | 14,880 KRW – 24,480 KRW |
| Potatoes (1kg) | $2.11 – $2.65 | 2,520 KRW – 3,120 KRW |
| Tomatoes (1kg) | $2.49 – $3.15 | 2,880 KRW – 3,720 KRW |
| Onion (1kg) | $1.58 – $2.21 | 1,800 KRW – 2,640 KRW |
| Water (1.5 liter bottle) | $1.01 – $1.58 | 1,200 KRW – 1,860 KRW |
| Soft drink (1.5 liter bottle) | $1.58 – $2.62 | 1,860 KRW – 3,060 KRW |
| Beer (330ml bottle) | $1.58 – $2.21 | 1,860 KRW – 2,640 KRW |
| Wine (mid-range bottle) | $13.26 – $28.42 | 15,600 KRW – 33,360 KRW |
| Fast food meal | $5.05 – $9.47 | 5,940 KRW – 11,160 KRW |
| Restaurant meal (mid-range) | $9.47 – $17.38 | 11,160 KRW – 20,400 KRW |
Table of estimated costs for food and Groceries in supermarkets in Seoul South Korea:
| Cost of Groceries and Food in Seoul, South Korea | Cost in USD | Cost in KRW |
|---|---|---|
| Meal, Inexpensive Restaurant | USD 5.00 – USD 8.00 | KRW 6,000 – KRW 8,000 |
| Meal for 2, Mid-range Restaurant, Three-course | USD 30.00 – USD 50.00 | KRW 35,000 – KRW 70,000 |
| Combo Meal at McDonalds or Similar | USD 6.00 – USD 7.00 | KRW 5,000 – KRW 6,000 |
| Domestic Beer (0.5 liter draught) | USD 3.00 – USD 5.00 | KRW 4,000 – KRW 6,000 |
| Imported Beer (0.33 liter bottle) | USD 4.00 – USD 7.00 | KRW 35,000 – KRW 62,000 |
| Cappuccino (regular) | USD 3.00 – USD 5.00 | KRW 3,500 – KRW 5,000 |
| Coke/Pepsi (0.33 liter bottle) | USD 1.00 – USD 2.00 | KRW 1,000 – KRW 2,000 |
| Water (0.33 liter bottle) | USD 1.00 – USD 2.00 | KRW 1,000 – KRW 2,000 |
| Milk (regular), (1 liter) | USD 1.50 – USD 2.50 | KRW 1,500 – KRW 3,000 |
| Loaf of Fresh White Bread (500g) | USD 1.50 – USD 2.50 | KRW 1,500 – KRW 2,500 |
| Rice (white), (1kg) | USD 2.00 – USD 4.00 | KRW 2,000 – KRW 4,000 |
| Eggs (regular) (12) | USD 2.00 – USD 3.00 | KRW 2,000 – KRW 3,000 |
| Local Cheese (1kg) | USD 8.00 – USD 10.00 | KRW 54,000 – KRW 78,000 |
| Chicken Breasts (Boneless, Skinless), (1kg) | USD 7.00 – USD 10.00 | KRW 7,000 – KRW 10,000 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | USD 12.00 – USD 18.00 | KRW 12,000 – KRW 18,000 |
| Apples (1kg) | USD 2.00 – USD 4.00 | KRW 2,000 – KRW 4,000 |
| Banana (1kg) | USD 1.50 – USD 3.00 | KRW 1,500 – KRW 3,000 |
| Oranges (1kg) | USD 2.00 – USD 4.00 | KRW 2,000 – KRW 4,000 |
| Tomato (1kg) | USD 2.00 – USD 4.00 | KRW 2,000 – KRW 4,000 |
Cost of Utilities in Seoul South Korea Summary and Table of Expenses 2024
Here is a detailed breakdown of the estimated monthly cost of utilities in Seoul South Korea:
- Basic electricity/gas in Seoul ranges from $172.80 to $288, equivalent to KRW 200,160 to KRW 333,600.
- Water costs about $14.40 to $28.80, equivalent to KRW 16,680 to KRW 33,360.
- For internet (broadband), expect to pay around $36 to $72, equivalent to KRW 41,700 to KRW 83,400.
- Mobile phone sim card (prepaid) costs around $14.40 to $28.80, equivalent to KRW 16,680 to KRW 33,360.
- Mobile phone plan (postpaid) costs around $43.20 to $72, equivalent to KRW 50,040 to KRW 83,400.
- For unlimited data mobile phone plans, expect to pay around $64.80 to $93.60, equivalent to KRW 75,060 to KRW 108,780.
The total estimated monthly cost for utilities in Seoul South Korea would be around $144 to $432, equivalent to KRW 187,200 to KRW 561,600. Keep in mind that these are just estimated costs, and your actual expenses may vary depending on your usage and location.
Table of expenses for the average monthly utilities in Seoul South Korea:
| Monthly Cost of Utilities in Seoul South Korea | Estimated Monthly Cost (USD) | Estimated Monthly Cost (KRW) |
|---|---|---|
| Basic electricity/gas in Seoul | $144 – $240 | KRW 166,800 – KRW 278,000 |
| Water | $12 – $24 | KRW 13,900 – KRW 27,800 |
| Internet (Broadband) | $30 – $60 | KRW 34,750 – KRW 69,500 |
| Mobile phone sim card (Prepaid) | $12 – $24 | KRW 13,900 – KRW 27,800 |
| Mobile phone plan (Postpaid) | $36 – $60 | KRW 41,700 – KRW 69,500 |
| Mobile phone plan (Unlimited data) | $54 – $78 | KRW 62,550 – KRW 90,650 |
| Total Cost of utilities in Seoul South Korea | $120 – $360 | KRW 156,000 – KRW 468,000 |
Pros and Cons of Living in Seoul South Korea: Is it the Right Choice for You?
Living in Seoul, South Korea has its advantages and disadvantages. Let’s start with the Pros of living in Seoul:
- Low crime rate in Seoul, which makes it a safe place to live.
- High standard of living in Seoul, with access to quality education and healthcare.
- The efficient public transportation system in Seoul includes buses, subways, and taxis.
- Excellent healthcare system in Seoul, which is both modern and affordable.
- Affordable cost of living in Seoul, making it an attractive option for expats.
- Beautiful natural landscapes and cultural landmarks, which showcase Korea’s rich history and culture.
- Advanced technology and infrastructure in Seoul, which is known for its innovation.
- Vibrant food and nightlife scenes, which offer a variety of options for dining and entertainment.
- Seoul has a strong sense of community and family values, fostering a close-knit society.
- Opportunities to learn the Korean language and culture, which can be a valuable experience for personal growth.
- Emphasis on education and intellectual growth, which is reflected in Korea’s high literacy rate.
On the other hand, there are also some Cons to living in Seoul:
- High levels of air pollution in some areas of Seoul, which can be a health hazard.
- Competitive job market in Seoul, which can make finding employment challenging.
- Limited English proficiency in some areas of Seoul, which can make communication difficult.
- Strict social hierarchies and pressure to conform, which can be challenging for some foreigners.
- Long working hours and high stress levels, which are common in Korean culture.
- Limited personal space in public areas, which can be overwhelming for some.
- Strict laws and regulations in Seoul, which can be frustrating for some foreigners.
- Culture shock for foreigners, which can take time to adjust to.
- Harsh winters with heavy snowfall, which can make daily life more difficult.
- Hard to learn the Korean language, which can be a barrier to integration for some.
- Close proximity to geopolitical conflict with North Korea, which can create uncertainty and anxiety.
Despite its pros and cons, living in Seoul can be an enriching experience for those who are willing to adapt to its unique culture and way of life.
Pros and Cons of Living in Seoul South Korea Table:
| Pros of living in Seoul South Korea | Cons of living in Seoul South Korea |
|---|---|
| Low crime rate in Seoul | High levels of air pollution in some areas |
| High standard of living in Seoul | Competitive job market |
| Efficient public transportation in Seoul | Limited English proficiency in some areas |
| Excellent healthcare system | Strict social hierarchies and pressure to conform |
| Affordable cost of living | Long working hours and high stress levels |
| Beautiful natural landscapes and cultural landmarks | Limited personal space in public areas |
| Advanced technology and infrastructure | Strict laws and regulations |
| Vibrant food and nightlife scenes | Culture shock for foreigners |
| Strong sense of community and family values | Harsh winters with heavy snowfall |
| Opportunities to learn the Korean language and culture | Hard to learn the Korean Language |
| Emphasis on education and intellectual growth | Close to Geopolitical Conflict with North Korea |
Cost of Healthcare in Seoul South Korea
Medical care in Seoul South Korea is World Class and definitely reliable.
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We suggest you also have it, especially if you live as an expat and digital nomad in Seoul South Korea. We always use SafetyWing for international travel insurance and medical concerns. They start at $45 a month! It’s incredible and always reliable!
Main FAQS Section About Seoul South Korea:
What is the monthly cost of living in Seoul South Korea?
The cost of living in Seoul South Korea on average, is around $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month. This includes rent, food, transportation, and other costs like utilities and phone bills.
What is the Cost Of Living in Seoul South Korea Vs USA?
The Cost Of Living in Seoul South Korea is around 54% cheaper than living in New York City, USA, and the average monthly Cost of living in Seoul South Korea is $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month. in Seoul South Korea vs $5500 to $10380 per month living in New York City, United States.
What is the Cost of Accommodation in Seoul South Korea?
The Cost of Accommodation in Seoul South Korea costs around $350 to $4,000 per month. from a simple studio to a Luxury 3+ bedroom Condo
What is the best time of year to visit Seoul?
The best time to visit Seoul South Korea is during the summer and fall season from April to November.
How Much does it cost to live in Seoul South Korea?
On average, living in Seoul South Korea costs around $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month.
What is the Cost of Utilities in Seoul South Korea?
The Cost of Utilities in Seoul South Korea Cost around $120 to $300 per month, depending on your energy consumption!
What is the Cost of Food in Seoul South Korea vs USA?
The Cost Of Food in Seoul South Korea is 22% cheaper than in New York, United States. Monthly Food Costs in Seoul South Korea is from $310 to $1200 per month.
What is the Cost Of Rent in Seoul South Korea VS USA?
The Cost of Rent in Seoul South Korea is 54% cheaper Than in New York, United States A 1 bedroom apartment in Seoul South Korea costs $400 to $1000 per month on average, and 1 bedroom Apartment in New York City, United States, Costs over $2890 per month.
What is the Food Expenses In Seoul South Korea?
The Food expenses in Seoul South Korea is from $310 to $1200 per month. Make sure to eat the local Food, local Food markets and supermarkets to save money.
What is the Rental Expenses In Seoul South Korea?
The monthly rent for a 1-bedroom in Seoul South Korea is from $400 to $1000.
What is the Expenses for a Single Person in Seoul South Korea?
The Expenses for a Single Person in Seoul South Korea is from $1,044 – $4,860 (1.148 million – 5.346 million KRW) Per Month for all expenses.
What is the average cost of Rent In Seoul South Korea?
The Average cost of rent in Seoul South Korea is around $350 to $2,000 Per Month in Seoul South Korea.
What is the average Cost of Transportation In Seoul South Korea?
The average cost of transportation in Seoul South Korea is about $2 – $30 USD per day or $60 to $300 per month, Depending if you use a subway, High Speed rail, and Scooter.
What is the Cost of Mobile Phone SIM and Internet Data In Seoul South Korea?
The Cost of Phone Data and internet from in Seoul South Korea is around $20 to $100 per month.
What is the Cost of Food in Seoul South Korea?
The Cost of Food in Seoul South Korea costs around $310 to $1200 per month; try to eat at the local restaurants and street food for the best and cheapest food to stay on budget!
Is Seoul South Korea a good place to live?
Yes, Seoul South Korea regularly ranks as one of the Safest Cities in the world! but of course, you always need to watch what you are doing and keep safety of mind as you would anywhere in the world.
Is it expensive to live in Seoul South Korea?
No, it is not expensive to Live in Seoul South Korea you can expect to spend $1,200 to $2,000 per month if you live on a budget and don’t do tourist things. I recommend renting a studio, eating local food, renting a bicycle or scooter, and shopping at the local markets. If you do this you will save a lot of money!
What is the average salary in Seoul South Korea?
The average salary in Seoul South Korea is around 4,600,000 KRW (Seoul South Korean won) per month, which is approximately $3,920 USD per month.
What is a good salary to live in Seoul South Korea?
A great Salary to live on in Seoul South Korea is around $3100 – $4,000 per month. This will cover all expenses.
Cost Of Living in Seoul South Korea Conclusion
We hope that you have found this blog post helpful! We went all out and summarized the cost of living in Seoul South Korea and provided a table of expenses, information on rent, accommodation, food costs, videos, Facebook Groups, Tourism Boards and more from our time living there as digital nomads!
We will be continually updating this blog post! Also, below are many excellent travel resources that will help you in your Journey around the world and helping you on your journey to Seoul South Korea!
Related Posts on South Korea:
Travel Resources and Reliable Sources For Seoul South Korea
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