Summary of cost of living in Seoul, South Korea:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 12,000.00 ₩ | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 80,000.00 ₩ | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 9,000.00 ₩ | |
| Domestic Draft Beer (0.5 Liter) | 5,000.00 ₩ | |
| Imported Beer (0.33 Liter Bottle) | 8,000.00 ₩ | |
| Cappuccino (Regular Size) | 5,300.00 ₩ | |
| Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) | 2,294.29 ₩ | |
| Bottled Water (0.33 Liter) | 1,103.12 ₩ | |
Markets | |
|
| Milk (Regular, 1 Liter) | 2,951.64 ₩ | |
| Fresh White Bread (500 g Loaf) | 4,572.92 ₩ | |
| White Rice (1 kg) | 4,420.00 ₩ | |
| Eggs (12, Large Size) | 3,965.64 ₩ | |
| Local Cheese (1 kg) | 19,233.61 ₩ | |
| Chicken Fillets (1 kg) | 14,544.55 ₩ | |
| Beef Round or Equivalent Back Leg Red Meat (1 kg) | 45,692.55 ₩ | |
| Apples (1 kg) | 10,700.91 ₩ | |
| Bananas (1 kg) | 4,749.09 ₩ | |
| Oranges (1 kg) | 7,835.20 ₩ | |
| Tomatoes (1 kg) | 8,890.50 ₩ | |
| Potatoes (1 kg) | 5,209.81 ₩ | |
| Onions (1 kg) | 4,076.33 ₩ | |
| Lettuce (1 Head) | 3,510.00 ₩ | |
| Bottled Water (1.5 Liter) | 1,678.57 ₩ | |
| Bottle of Wine (Mid-Range) | 29,000.00 ₩ | |
| Domestic Beer (0.5 Liter Bottle) | 3,131.67 ₩ | |
| Imported Beer (0.33 Liter Bottle) | 4,613.33 ₩ | |
| Cigarettes (Pack of 20, Marlboro) | 4,500.00 ₩ | |
Transportation | |
|
| One-Way Ticket (Local Transport) | 1,500.00 ₩ | |
| Monthly Public Transport Pass (Regular Price) | 65,000.00 ₩ | |
| Taxi Start (Standard Tariff) | 4,800.00 ₩ | |
| Taxi 1 km (Standard Tariff) | 1,310.00 ₩ | |
| Taxi 1 Hour Waiting (Standard Tariff) | 12,000.00 ₩ | |
| Gasoline (1 Liter) | 1,654.16 ₩ | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 35,435,000.00 ₩ | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 34,078,000.00 ₩ | |
Utilities (Monthly) | |
|
| Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) | 215,811.32 ₩ | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 45,833.53 ₩ | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 28,640.91 ₩ | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | 82,370.72 ₩ | |
| Tennis Court Rental (1 Hour, Weekend) | 29,454.55 ₩ | |
| Cinema Ticket (International Release) | 15,000.00 ₩ | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 549,040.45 ₩ | |
| International Primary School, Annual Tuition per Child | 30,760,000.00 ₩ | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | 72,187.50 ₩ | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 57,288.24 ₩ | |
| Nike Running Shoes (Mid-Range) | 111,921.05 ₩ | |
| Men's Leather Business Shoes | 138,153.85 ₩ | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | 1,289,047.62 ₩ | |
| 1 Bedroom Apartment Outside of City Centre | 792,070.00 ₩ | |
| 3 Bedroom Apartment in City Centre | 2,902,315.79 ₩ | |
| 3 Bedroom Apartment Outside of City Centre | 1,593,157.89 ₩ | |
Buy Apartment Price | |
|
| Price per Square Meter to Buy Apartment in City Centre | 31,336,538.46 ₩ | |
| Price per Square Meter to Buy Apartment Outside of Centre | 16,564,000.00 ₩ | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | 4,659,639.22 ₩ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.05 |
Sources and References
| Cost of Living in Bucheon | 23.55 km |
| Cost of Living in Anyang | 26.53 km |
| Cost of Living in Namyangju | 26.93 km |
| Cost of Living in Seongnam | 28.22 km |
| Cost of Living in Uijeongbu | 28.23 km |
| Cost of Living in Goyang | 30.24 km |
| Cost of Living in Incheon | 30.72 km |
| Cost of Living in Ilsan | 30.74 km |
| Cost of Living in Hanam | 30.81 km |
| Cost of Living in Gunpo | 31.14 km |
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And in Korea, if you change from a bus to a subway, the next fare is free. It would be unreasonable to expect such details to be reflected.
This is just nonsense. There is no way, it costs this much to live in Seoul. A rather reasonable number would be around 800,000 to 1,000,000KRW
It went up very high
When purchasing an apartment in Seoul, the price per m² is about 40,000 dollars, and the center of Gangnam-gu is about 65,000 dollars per m²
Contract period is usually 2years and you have right to extend once.
It is increased a lot for last a year