Cost of Living in Seoul, South Korea

Seoul is a vibrant, 24-hour metropolis that seamlessly blends cutting-edge technology with deep-rooted tradition. As the economic heart of South Korea, it offers a high standard of living, exceptional public infrastructure, and world-renowned safety. While housing costs in central districts like Gangnam or Yongsan can be premium, the city remains relatively affordable compared to major Western hubs, particularly regarding public transit and high-quality healthcare.

Rent & Housing Prices in Seoul

1bed center1,150,000 KRW ($850)
3bed center3,600,000 KRW ($2,660)
3bed outside2,100,000 KRW ($1,550)
1bed outside780,000 KRW ($575)

Food & Dining Costs

Meal, Inexpensive Restaurant10,500 KRW ($7.75)
Meal for 2, Mid-range (3 courses)65,000 KRW ($48.00)
McMeal at McDonalds8,500 KRW ($6.30)
Domestic Beer (0.5L)5,000 KRW ($3.70)
Cappuccino5,200 KRW ($3.85)
Milk (1L)3,000 KRW ($2.20)

Transportation & Commuting

gasoline liter1,680 KRW ($1.24)
one way ticket1,400 KRW ($1.05)
monthly pass62,000 KRW ($45.80)
taxi start4,800 KRW ($3.55)

Salary & Financing

avg salary3,480,000 KRW ($2,570)
mortgage rate4.95%

Quality of Life in Seoul

Seoul ranks highly for safety and healthcare accessibility. The city boasts one of the world's most efficient subway systems and hyper-fast internet speeds. While the 'work hard' culture is prevalent, the city offers endless entertainment and nightlife. Environmental factors like fine dust (yellow dust) in the spring are the primary quality of life concerns.

3 Days in Seoul: A Budget Itinerary

Day 1

Morning visit to Gyeongbokgung Palace (wear a Hanbok for free entry). Afternoon walk through Bukchon Hanok Village. Dinner at Gwangjang Market for affordable street food like bindaetteok.

Day 2

Hike up to N Seoul Tower for city views. Explore the youth culture and busking in Hongdae. Evening visit to a local Jjimjilbang (Korean sauna) for a low-cost cultural experience.

Day 3

Walk along the Cheonggyecheon Stream. Visit the Dongdaemun Design Plaza (DDP). End the trip with a picnic of convenience store ramyeon by the Han River in Banpo Park.

Popular Flights to Seoul

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