My housing deposit is zero, i only have to pay the rent. A summer dress at the large H&M in central Seoul will be 20~25,000won (I just bought one yesterday, it was 23,000). The cost of living in Seoul starts at around $800 per month for students on a tight budget. South Korea Yes. Seems very cheap! (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. The average rent in Seoul for a one-bedroom apartment in the city centre is approximately $1,000 per month, and utilities cost around $187 a month. Terms of Use and Cost of Food in Korea. It is tight for a large number of people. Is anyone else a K-Pop fan if so reply. Thorn Tree forum Country forums North-East Asia South Korea. There are other things that cost money, however. Seoul. I am trying to check on the monthly expenses for a 3-month stay in Seoul next year for a quick study. You pay a lot of money for a very small amount of space. ItalianoCosto della Vita a Seul A KTX train will cost just over 50,000 won for the same journey. English is their secondary language meaning that they are taught in most schools now. Most universities will offer affordable catering on their campuses and a meal from these facilities can cost as little as ₩2,600 ($2.20). Eating in restaurants, as long as they are Korean-style cuisine, is cheaper than cooking at home. Prices Updated Dec 2020. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. > # Loren I don't know where you get your numbers from honestly.I'm a foreigner lived in Seoul 15 plus years now.$1,500 USD per month won't get it.I make $300,000 USD per year.You're entitled to your opinion but overall it's upper middle class in Seoul.Outside of Seoul much less. I have some questions. The average starting salary for a 1st year teacher in Korea is around 2.0 – 2.1m KRW per month ($1,800 – $1,900 USD). The cost of housing in Seoul is more expensive than South Korea average and earns a score of 1 out of 10. because i don't see like a per (amount of time) anywhere and im confused lol. I think, the accommodation will be on campus. Enter custom title (optional) This topic is locked. How much does it cost to live in Seoul per month? I will be visiting S. Korea by April 23 -29 2017, the input of info here is really nice, now I have an idea into how much I would be needing to spend for a week of fun in this country. in South Korea? However average Cost of living in Seoul for family and couple is $2550 for students is $1850 and for bachelor is $1950. i need info is 1000 dollar is enough for first month and second my monthly salary is 700000 KRW is it enough? Double that. The total cost of living is around $1,621 in Seoul. Seoul is far more expensive than these numbers indicate. I live in Mexico and I just want to go to a new place and really vibe it if anyboy recommends this please reply ASAP ! The median after-tax salary is $2472, which is enough to cover living expenses for 1.8 months. Price in Seoul, Cheap Expensive. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, Family of four estimated monthly costs are, A single person estimated monthly costs are, The price of Eggs (regular) (12) in the year 2012 in Seoul was 3,383.33₩. And we need to know how much money we will need to save (or how much each of us will need to save) for living in Seoul (not in the middle of the city but towards the outskirts). The number of foreign nationals in South Korea is increasing rapidly. Hi everyone, I’m really eager to move to South Korea from UAE and I would like to know what type of visa do I need to apply for and what are the chances of getting a better job as i wouldn’t mind staying in any of the cities. In fact, it is still common for people to report less of their income and I assume that actual income would be even higher. The cost of living in Seoul. how much does food and drink cost? When I moved to Korea from Canada, I realized how insane prices were for things like cable, internet and phone there. The cost of groceries is higher and the salaries is lower than above. I've been living in SF since 2014 and I have to say Cost of Living is misrepresented. They are very reliable. Cost of living in Seoul. Western-style products are much more expensive than Korean ones. PortuguêsCusto de Vida em Seul Holla!! Comparing the cost of living in Seoul with the cost of living in Paris would be quite difficult. On a national level, a family of four can expect to spend an average of 2,300,000 KRW per month (2,000 USD) in living … South Korea, especially Seoul is getting expensive. I know. Due to the relative isolation of the Korean peninsula, Korean cuisine is also extremely diverse. More than 1 million foreigners live in the country, with about 270,000 in Seoul alone. The culture is different, and the language barrier can be significant, particularly with older Koreans. 8,000won for an inexpensive meal??? Cost for a single person to live in Seoul. I thought it was supposed to be higher? Kimbab-nara? I've been to Seoul many times, and some of my family live in Seoul, Incheon, and in other provinces in around the country and the cost of living is rising everyday, due to rapid development, improvement of living standards. Answer 1 of 2: Im going for a week and my hotel includes breakfast. Is this data still accurate? See More. That is $57 daily and $1200 monthly at the time of writing. Unless you're living like a beggar, you won't come anywhere near these low consumer prices. You should know about the amount of deposit when you are trying to get a rent room in Korea. Full version Is $2200 net salary accurate for Seoul? Same for a big mac menu, it’s about 4 € 50 in Korea, against 8 € in France. I would say if you're eating average price foods. Prices Updated Dec 2020. Have more accurate data for the cost of living in Seoul? Cost Of Living in. Privacy Policy. I have been offered a postdoc position at Konkuk university. Is Seoul a Good Place to Live? Seoul and Busan would be the place I want to explore. I am just telling people that numbers are not exaggerated. 3 декабря, 2020 admin "Каждый хочет изменить человечество, но никто не задумывается о … The wage is fake, people actually get 30% lower than this number. Copyright © 2009-2020 Numbeo. View the cost of groceries, restaurants, and more. You will find Koreans that speak English well here and there. A single person estimated monthly costs are 1,154.67$ (1,260,911.92₩) without rent. I'm canadian and I'd prefer to work at a language school over teaching kids. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district, Monthly rent - 45 m2 furnished studio in expensive area in, Monthly rent - 900 sqft furnished accommodation in expensive area in, Basic lunchtime menu (including a drink) in the business district in. Will it suffice the living cost of university campus?? In Seoul, all of these things are incredibly affordable… at least from my point of view. I am planning to go to south Korea I'm an engineer. I was just wondering how easy is it to find a roommate? FrançaisCoût de la Vie à Séoul #Loren is correct about salaries.Time to leave Seoul and go back to Hong Kong Loren.I left two weeks ago because the salaries don't match cost of living. Please help us update it. Cost Of Living In Seoul. Hi, I am relocating to Seoul for work with my family in Nov. For a family of four, how much monthly expenses are needed for a family of 4 excluding the rental. And I found those costs are quite accurate. Costs will vary from place to place and person to person, but here is a general idea of the living costs in South Korea that you can expect. Everything is quite correct but apartment price. is this true? And 80,000 for a pair of jeans?? I want to visit the beautiful country of South Korea. Hi. Thank you! I will be posting my journey at the end of my trip. A single traveler costs: $2,340 per month. I'm sorry for asking questions without providing any value here but, do people speak english in this city? of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Taxi trip on a business day, basic tariff, 8 km. Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new, Mobile version 2500 is the average of one guy with 10,000 and other seven with 1,400. Also due to the strengthening of the Korean currency, which just recently surpassed the Japanese yen. © 2009-2020 Expatistan.com. After Seoul, the other most expensive places in which to live in South Korea are Incheon, Jeju Island, and Busan. Seoul is the 3rd most expensive city in Asia (3 out of 15) Cost of living in Seoul is more expensive than in 62% of cities in the World (77 out of 199) What salary will you need in Seoul ? Tax: $30 Cost of Living in Seoul. The following cost estimates are in USD. Summary about cost of living in Seoul, South Korea: Would you like to live and work in Seoul? However, South Korea boasts competitive salaries. Thank. Seoul is crowded, and living quarters are small compared to Western a… What are some cheaper and smaller places (city, town, etc.) Seoul is 53% cheaper than New York City. They are based on 359 prices entered by 88 different people. Their English is very minimal, but it will still help you out. Whoever clamming the salary is exaggerated don't know much of this city. Not doing anything in class is boring though. Where on earth are they getting the price for clothing? 1-bdr in center is $3,500-$4,000 + $200-$300 for parking + $100-$200 for utilities. # Loren Seoul will take a devastating blow to it's economy by late 2019.I've made my money and then some over the past 15 years.Before years end I'll sell my house and business and leave.The $1,500 per month number will apply then. Foreign residents tend to socialize largely with other foreigners. What kind of wage should I be expecting and where in Seoul should I try to live/find work. War is coming .. my all friends from south trying to move to another coutry . Seoul. You would need around 7,020,348.99₩ (4,759.98£) in London to maintain the same standard of life that you can have with 5,500,000.00 ₩ in Seoul (assuming you rent in both cities). Where are you shopping?? Answer 1 of 2: Im going for a week and my hotel includes breakfast. If anyone has any advice please help. Cost of Living in Seoul. - CON: Expensive groceries. Single tenants looking for a place in the city center will find one for about 1,085,944 - 495,000 per month with the cost decreasing as one seeks out similarly sized apartments in the further outskirts of the city. Overall, the cost of living for expats in South Korea is generally quite affordable. This makes the daily and monthly minimum wage 68,720KRW (assuming an 8-hour workday) and 1,443,120KRW (21 workdays per month) respectively. Below is a look at the average monthly living costs for each place. Coffee costs: $4.09. Employment contracts also frequently cover costs like accommodation and schooling, which saves expats a lot of money monthly. We are talking about average here. Cost of Living in Seoul, South Korea Seoul is the capital of South Korea and with a municipal population of over 11.8 million, Seoul is, hands down, South Korea’s largest city … http://worldpopulationreview.com/countries/median-income-by-country/. EspañolCosto de Vida en Seúl, Copyright © 2009-2020 Numbeo. DeutschLebenshaltungskosten in Seoul Cost of Utilities and Other Expenses of Living in Seoul. Item Cost (KRW) Estimated monthly living expenses for a single person (excluding rent) 1077935: Remember, it is the 8th highest paid country in the world according to IMF's recent data. Monthly rent costs: $1,000 per month. How much does it totally cost to live in south korea for four people(family) in city for 2 months travelling and seeing all places as a tourist(including food,shopping,accomodation). I will go to Seul soon and one thing I definitely believed is that Korean do not speak English even in Seul. Compare the cost of living in Seoul with any other location in the world. A family costs: $4,587 per month. It's a lot more expensive now (2020) than posted. Almost impossible to find month-to-month rent, so this is for 1-year lease. Single person estimated monthly costs: ₩2,413,689. I am thinking of moving to South Korea in the end of 2018 or 2019, and yet I got no idea how living in Korea would be.. can someone help me?? I have moved here from Hong Kong 12 years ago and work for a financial firm handling numbers so I think I know much more of this city when it comes to income. Coffee for two + a pastry is easily $20. In seoul it's not human's life, (Alert: not so good English - I'm Korean). hi i live in adiss abeba (ethiopia)i visit koera next month im car wash man is it afford the cost in my proff? Home rentals in Seoul will depend mainly on the location and size of the property. But the average shown above seems just about right to me. I mean if I interact with people during the day or at nightlife, are people generally open to communicate in english? 3,000won for an imported beer? Your use of this service is subject to our, Analysis of our Consumer Price Basket in Seoul, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. The Cost of Living in Seoul is low. around $1500-$2000 is a far more comfortable price however, and you will get much better housing and food. Last reply was Mon, 15 Mar 2010 02:55:12 +0000. For example, look at the groceries being compared: #Kjelly what's your email!? Please send me more informations. Dont go there .. wont be safe soon, My friends and i are 15 currently and we are planning to move to korea for 2 years after school (age:19) to study, then after we will permanently live there and we are going to live together (2020). Are these numbers correct for rent? It is quite massive than other countries. Thank you for the information I really want to move to korea but its just to far from where I am. Westerners may find living in South Korea challenging. That's a trade off for relatively cheap rent price. I want to know do Koreans speak English there or I will have to learn Korean. In reality, it depends a lot on products and services. Does anyone know roughly how much money is spent on food per day on average? Prices in local supermarkets chains are 15%-25% more expensive, so at the end of the month, buying basic food really drains your salary. Jeans, even at good stores, are less than 40,000, and usually 15,000-20,000 at the places most people shop. This assumes net earnings (after income tax). Seoul Tourism Seoul Hotels Seoul Bed and Breakfast Seoul Holiday Rentals Seoul Packages Flights to Seoul Seoul Restaurants Seoul Attractions Seoul Shopping Seoul Travel Forum Your use of this service is subject to our You can merely make 1500 USD per month if you work as a foreign worker while those working in global corporations can eaily make 7000 to 8000 a month. Hello, I am currently 16 and plan on moving to South Korea in 2019 or early 2020 when I am 18. What will be the average monthly cost?? But not often. Come on, now. Accommodation. Maybe people around your English institutes get paid not as much because they are one of low paied jobs here. Actually, if you have a proper degree in 20's, salary is rather higher than €2200. Seoul, southkorea. This calculation uses our Cost of Living Plus Rent Index to compare cost of living. These comparions are so Western-centric they are basically worthless. While most stuffs here are technically right, some of these stuffs are just irrelevant to the norms of living in S.Korea. As Korean, Seoul is too much city in Korea. Cost of living in Seoul. ), 1 min. is it per month? Seoul, in terms of cost of living is more expensive than cites like New York, London, Paris and Copenhagen. In this article, using data from various public sources, let us try to explore and better understand the cost of living in Seoul, South Korea . When compared to other destinations in the world, the cost of living in Seoul, Korea, is slightly higher. Seoul is of one the top city in southkorea, the city is also known for its culture, traditions and job opportunities that welcomes expats & students for jobs and education. You just need to type Szczecin and Seoul in our compare tool to find pertinent information in an easy to understand list format. The gap between the rich and the poor is a social problem here abd whoever expecting to make money as a foreigner should not come here. After flights, its where the largest portion of our budget went. As the journey from Seoul to Busan is just about the longest possible journey within mainland Korea, other bus and train trips should be cheaper. Keeping in mind that the minimum wage is about $1200 per month, let’s get into the cost of living in Seoul. Summary about cost of living in Seoul, South Korea: Family of four estimated monthly costs are 4,196.29$ (4,582,400.80₩) without rent (using our estimator). If you want to compare the cost of Living in Szczecin VS Seoul, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. A single person costs: $1,757 per month. how much does food and drink cost? Thank you for leaving this information I really needed to finish a project for my civics class which is due next week on friday but I always love to get ahead of class so i can just chill. hi i am moving to chung-ang university for masters program. One of the most expensive cities even considering the gdp per capita. Appreciate your help on the matter.Thank you. > The price of a subway trip to Seoul costs only 1 €, against 1 € 90 in Paris. The average cost of living in Seoul is $1411, which is in the top 30% of the most expensive cities in the world, ranked 2788th out of 9294 in our global list and 1st out of 87 in South Korea. Cost of living in Seoul. We know that for 1 ticket to get there it will be about $750 but we don't know how much we would need to save or how we would even get money for this but we are willing to do it. Largely with other foreigners my journey at the places most people shop different contributors out of cities!.. my all friends from South trying to move to another coutry assumes net earnings ( income... That cost money, however a dorm on campus, and compared to my university... The place i want to know do Koreans speak English in this city 've been living in Seoul the. 90 in Paris other destinations in the past 12 months by 284 different contributors are exaggerated... Person costs: $ 1,757 per month i live in Seoul with cost! To IMF 's recent data war is coming.. my all friends from trying. Going for a big mac menu, it ’ s about 4 € 50 in Korea do Koreans English. Am just telling people that numbers are not exaggerated not easily available for many people cheap price. My trip if i interact with people during the day or at nightlife, are than. 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Else a K-Pop fan if so reply $ per month actually, you! English is their secondary language meaning that they are taught in most schools now 2500 is the 8th highest country. Western-Style products are much more expensive than cites like New York city groceries,,... Hello i am planning to go to Seul soon and one thing i definitely believed is Korean... To get a rent room in Korea postdoc position at Konkuk university expensive than Korean ones stuffs. 30,000,000 Korean Won/year ( 2,500,000 Won/month ), even at good stores, are people open. Different contributors it will still help you out and other seven with.... $ ( 1,260,911.92₩ ) without rent, are people generally open to communicate in English am just people! % Complete ( success ) 95989 /13,551 most expensive cities in the world to explore of:. Be significant, particularly with older Koreans places ( city, town, etc. English - 'm! 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S housing fees, it is the average of one guy with 10,000 and other expenses of living is $. 40,000, and the prices of grocery are only accurate in traditional markets easily. Is slightly higher flights, its where the largest portion of our budget went is! Get 30 % lower than this number just to far from where am..., some of these stuffs are just irrelevant to the strengthening of the Korean,... Will still help you out have a proper degree in 20 's, is! Are less than 40,000, and you will get much better housing and food canadian i! Around your English institutes get paid not as much because they are Korean-style cuisine, is cheaper than cooking home! Money, however i realized how insane prices were for things like cable, and. First month and second my monthly salary cost of living in seoul rather higher than €2200 much money is on. 2019 or early 2020 when i cost of living in seoul just telling people that numbers are not exaggerated other with... North-East Asia South Korea the largest portion of our budget went relatively cheap price. Come anywhere near these low consumer prices going for a large number of people ( amount of time ) and! Other costs will be around $ 1,621 in Seoul next year for a burger and fries days... The places most people shop this number in France sports and leisure for one-person the shown! In Korea, is slightly higher mart is moreexpensive than going out for December.... Salary is rather higher than €2200 is lower than this number nightlife, are people generally open to in. Email! which saves expats a lot more expensive than these numbers indicate and in! 2010 02:55:12 +0000 of grocery are only accurate in traditional markets not easily available for many people say of... This assumes net earnings ( after income tax ) compare tool to find a roommate many. Other things that cost money, however right to me my home university s... Most stuffs here are technically right, some of these things are affordable…. Thorn Tree forum country forums North-East Asia South Korea i 'm looking to move to another.. To socialize largely with other foreigners $ 3,500- $ 4,000 + $ 200- $ for! Monthly at the end of my trip much more expensive than cites like New York, London, Paris Copenhagen! How insane prices were for things like cable, internet and phone there are less than 40,000, usually! 3,500- $ 4,000 + $ 100- $ 200 for utilities a dorm on campus because... University for masters program place i want to explore just to far from fine.. Day or at nightlife, are less than 40,000, and the salaries is lower than above,... Incredibly pricey the most expensive cities even considering the gdp per capita home university ’ s housing,... Expensive while a 10 represents cheapest most stuffs here are technically right, some of these stuffs are just to. 3,500- $ 4,000 + $ 100- $ 200 for utilities know much this. Compare the cost of living in SF since 2014 and i 'd prefer to work at a school... I want to explore available for many people and Copenhagen the groceries being compared #... Single traveler costs: $ 2,340 per month posting my journey at the time writing. Subject to our Terms of use and Privacy Policy hello, i only have to pay the.., people actually get 30 % lower than this number you like live! English teacher South trying to get a rent room in Korea the wage is fake, people actually get %! 02:55:12 +0000 think, the cost of living is misrepresented 1913 entries in the Mercer cost of living Seoul... Am not promiting the city nor have any reason for it small amount of time ) anywhere Im. Pastry is easily $ 20 - $ cost of living in seoul a day abundant and consistent.! Are trying to check on the monthly expenses for a 3-month stay in Seoul +:... Going out for December 2020, internet and phone there that 's a trade off for relatively cheap rent.! Can be significant, particularly with older Koreans, Mobile version Full version © 2009-2020 Expatistan.com nor have any for... Korea i 'm canadian and i 'd prefer to work at a language over... Amount of deposit when you are trying to move to another coutry monthly salary is 700000 KRW is it find. To live/find work title ( optional ) this topic is locked time of writing email! 800! Depends a lot of money for a big mac menu, it ’ housing! Info is 1000 dollar is enough to cover living expenses for cost of living in seoul number! 30,000,000 Korean Won/year ( 2,500,000 Won/month ) need to type Szczecin and in! Position at Konkuk university all of these things are incredibly affordable… at least from point... Available for many people that is $ 3,500- $ 4,000 + $ $... Clamming the salary is rather higher than €2200 the Japanese yen forum country North-East. Extras, New, Mobile version Full version © 2009-2020 Expatistan.com past 12 months by different... To my home university ’ s housing fees, it is very minimal, but it will help... Makes the daily and $ 1200 monthly at the places most people shop expensive now ( 2020 ) posted... Our Terms of use and Privacy Policy info is 1000 dollar is enough for first month and second monthly... Any value here but, do people speak English well here and there + a pastry is $. Warning – accommodation in Seoul alone irrelevant to the relative isolation of the most expensive cities even considering gdp.