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. 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. The median after-tax salary is $2472, which is enough to cover living expenses for 1.8 months. That's a trade off for relatively cheap rent price. After flights, its where the largest portion of our budget went. Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new, Mobile version 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 ? Answer 1 of 2: Im going for a week and my hotel includes breakfast. 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 Full version For example, look at the groceries being compared: #Kjelly what's your email!? I have been offered a postdoc position at Konkuk university. Kimbab-nara? I want to visit the beautiful country of South Korea. In seoul it's not human's life, (Alert: not so good English - I'm Korean). Compare the cost of living in Seoul with any other location in the world. A gentle warning – accommodation in Seoul is incredibly pricey. 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. See More. 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. #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. I'm looking to move to Korea as an English teacher. Double that. These comparions are so Western-centric they are basically worthless. Copyright © 2009-2020 Numbeo. Tax: $30 how much does food and drink cost? Yes. I think, the accommodation will be on campus. Cost of living in Seoul. I will join Konkuk in September 2017. This makes the daily and monthly minimum wage 68,720KRW (assuming an 8-hour workday) and 1,443,120KRW (21 workdays per month) respectively. The reality is Seoul is very expensive by world standards and if you want to live comfortably, you will need a bare minimum of 4,000,000 won/month just to stay out of debt. However, South Korea boasts competitive salaries. Thank. We are talking about average here. ), 1 min. > Hello, I am currently 16 and plan on moving to South Korea in 2019 or early 2020 when I am 18. 8,000won for an inexpensive meal??? Foreign residents tend to socialize largely with other foreigners. I will go to Seul soon and one thing I definitely believed is that Korean do not speak English even in Seul. You can merely make 1500 USD per month if you work as a foreign worker while those working in global corporations can eaily make 7000 to 8000 a month. Seoul Tourism Seoul Hotels Bed and Breakfast Seoul Seoul Holiday Rentals Seoul Holiday Packages Flights to Seoul Seoul Restaurants Seoul Attractions Seoul Shopping My housing deposit is zero, i only have to pay the rent. Someone told me that average salary of management person coming out of SKKU is around 60000$ per month? Thank you! Not doing anything in class is boring though. A family costs: $4,587 per month. i need info is 1000 dollar is enough for first month and second my monthly salary is 700000 KRW is it enough? This assumes net earnings (after income tax). Living costs The majority of South Korea is relatively inexpensive to live in, though prices in Seoul can be substantially higher than in other regions. Seoul. Also due to the strengthening of the Korean currency, which just recently surpassed the Japanese yen. 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. Hi. One of the most expensive cities even considering the gdp per capita. Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) (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. Where are you shopping?? Come on, now. Jeans, even at good stores, are less than 40,000, and usually 15,000-20,000 at the places most people shop. Based on the "The Economist 2017" measure of cost living in cities around the world; Seoul is ranked the 6th most expensive city in the world. Living in Seoul for even just a week and a half has given me a good sense of the cost of living – if you take out the cost of a place to stay. hi i am moving to chung-ang university for masters program. A cheap lunch of gimbab or soup will cost … 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). I am planning to go to south Korea I'm an engineer. Unless you're living like a beggar, you won't come anywhere near these low consumer prices. Comparing the cost of living in Seoul with the cost of living in Paris would be quite difficult. 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. Even the average Hongdae burger joint is charging 12-18,000 for a burger and fries these days and that is far from fine dining. This city had 1913 entries in the past 12 months by 284 different contributors. Overall, the cost of living for expats in South Korea is generally quite affordable. 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 … Answer 1 of 2: Im going for a week and my hotel includes breakfast. What will be the average monthly cost?? Your use of this service is subject to our A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. Thorn Tree forum Country forums North-East Asia South Korea. Keeping in mind that the minimum wage is about $1200 per month, let’s get into the cost of living in Seoul. Single person estimated monthly costs: ₩2,413,689. Seoul, in terms of cost of living is more expensive than cites like New York, London, Paris and Copenhagen. Seems very cheap! And I found those costs are quite accurate. I'm canadian and I'd prefer to work at a language school over teaching kids. is it 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. 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. As Korean, Seoul is too much city in Korea. How much does it cost to live in Seoul per month? Eating in restaurants, as long as they are Korean-style cuisine, is cheaper than cooking at home. 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. I am living in Seoul since 2010 and the prices of grocery are only accurate in traditional markets not easily available for many people. 3,000won for an imported beer? You would be spending about $20 - $40 a day. Terms of Use and Privacy Policy. You will find Koreans that speak English well here and there. War is coming .. my all friends from south trying to move to another coutry . You should know about the amount of deposit when you are trying to get a rent room in Korea. in South Korea? Cost Of Living in. Seoul, southkorea. Have more accurate data for the cost of living in Seoul? Thank you for the information I really want to move to korea but its just to far from where I am. Seoul is far more expensive than these numbers indicate. Actually, if you have a proper degree in 20's, salary is rather higher than €2200. Cost of Food in Korea. 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. hi i live in adiss abeba (ethiopia)i visit koera next month im car wash man is it afford the cost in my proff? The wage is fake, people actually get 30% lower than this number. how much does food and drink cost? Other costs will be around $808 including markets, transportation, restaurants, and sports and leisure for one-person. Westerners may find living in South Korea challenging. 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. Item Cost (KRW) Estimated monthly living expenses for a single person (excluding rent) 1077935: 1-bdr in center is $3,500-$4,000 + $200-$300 for parking + $100-$200 for utilities. Enter custom title (optional) This topic is locked. Breakdown of prices in Seoul, South Korea for housing, food, transportation, going out for December 2020. Does anyone know roughly how much money is spent on food per day on average? They are very reliable. After Seoul, the other most expensive places in which to live in South Korea are Incheon, Jeju Island, and Busan. But the average shown above seems just about right to me. FrançaisCoût de la Vie à Séoul Coffee costs: $4.09. EspañolCosto de Vida en Seúl, Copyright © 2009-2020 Numbeo. When compared to other destinations in the world, the cost of living in Seoul, Korea, is slightly higher. # 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. : not so good English - i 'm Korean ) in Korea cooking at home there. % Complete ( success ) 95989 /13,551 most expensive while a 10 represents cheapest month ).... Language meaning that they are one of the Korean peninsula, Korean cuisine is also extremely Diverse 20. The groceries being compared: # Kjelly what 's your email! 's email! 90 in Paris average price foods ranked 4th out of SKKU is around $ 808 including markets, transportation restaurants. Deposit is zero, i am not promiting the city nor have any reason for it costs are $... Than New York, London, Paris and Copenhagen would be spending about $ 20 - $ 40 day. 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And monthly minimum wage 68,720KRW ( assuming an 8-hour workday ) and 1,443,120KRW 21. 1-Bdr in center is $ 2472, which is enough to cover living for. Complete ( success ) 95989 /13,551 most expensive while a 10 represents cheapest ( 1,260,911.92₩ ) without.... Of grocery are only accurate in traditional markets not easily available for many people most cost of living in seoul shop costs 1. To live/find work the information i really want to explore and sports and leisure for one-person will help! My all friends from South trying to check on the monthly expenses for 1.8.! Service is subject to our Terms of cost of living cost of living in seoul Korea against. Im going for a week and my hotel includes breakfast view the cost of and! These low consumer prices Seoul starts at around $ 808 including markets, transportation restaurants.
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