These comparions are so Western-centric they are basically worthless. 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. 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. Seoul is 53% cheaper than New York City. because i don't see like a per (amount of time) anywhere and im confused lol. The total cost of living is around $1,621 in Seoul. A single person estimated monthly costs are 1,154.67$ (1,260,911.92₩) without 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). Monthly Living Expenses. The number of foreign nationals in South Korea is increasing rapidly. And I found those costs are quite accurate. Seoul. 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. When I moved to Korea from Canada, I realized how insane prices were for things like cable, internet and phone there. Hi. There are other things that cost money, however. You just need to type Szczecin and Seoul in our compare tool to find pertinent information in an easy to understand list format. For example, look at the groceries being compared: #Kjelly what's your email!? The annual contract offered is 30,000,000 Korean Won/year (2,500,000 Won/month). Is $2200 net salary accurate for Seoul? You would be spending about $20 - $40 a day. Cost Of Living In Seoul. The median after-tax salary is $2472, which is enough to cover living expenses for 1.8 months. We are talking about average here. > ), 1 min. The wage is fake, people actually get 30% lower than this number. That's a trade off for relatively cheap rent price. I will join Konkuk in September 2017. Enter custom title (optional) This topic is locked. Is anyone else a K-Pop fan if so reply. I know. Price in Seoul, Cheap Expensive. The cost of living in Seoul. Seoul, southkorea. 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). I am not promiting the city nor have any reason for it. how much does food and drink cost? (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. ItalianoCosto della Vita a Seul Full version 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₩. EspañolCosto de Vida en Seúl, Copyright © 2009-2020 Numbeo. However, South Korea boasts competitive salaries. i need info is 1000 dollar is enough for first month and second my monthly salary is 700000 KRW is it enough? Monthly rent costs: $1,000 per month. How much does it cost to live in Seoul per month? A KTX train will cost just over 50,000 won for the same journey. Cost of living in Seoul + PRO: Diverse, cheap, good food. Prices Updated Dec 2020. What will be the average monthly cost?? If anyone has any advice please help. Almost impossible to find month-to-month rent, so this is for 1-year lease. Home rentals in Seoul will depend mainly on the location and size of the property. I want to visit the beautiful country of South Korea. 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. I will go to Seul soon and one thing I definitely believed is that Korean do not speak English even in Seul. I am just telling people that numbers are not exaggerated. They are based on 359 prices entered by 88 different people. #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. Is Seoul a Good Place to Live? Prices Updated Dec 2020. I mean if I interact with people during the day or at nightlife, are people generally open to communicate in english? 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. Holla!! The Cost of Living in Seoul is low. I am trying to check on the monthly expenses for a 3-month stay in Seoul next year for a quick study. Overall, the cost of living for expats in South Korea is generally quite affordable. Cost of living in Seoul. Does anyone know roughly how much money is spent on food per day on average? © 2009-2020 Expatistan.com. This makes the daily and monthly minimum wage 68,720KRW (assuming an 8-hour workday) and 1,443,120KRW (21 workdays per month) respectively. Please help us update it. One of the most expensive cities even considering the gdp per capita. 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. You pay a lot of money for a very small amount of space. Last reply was Mon, 15 Mar 2010 02:55:12 +0000. 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. Seoul, in terms of cost of living is more expensive than cites like New York, London, Paris and Copenhagen. hi i live in adiss abeba (ethiopia)i visit koera next month im car wash man is it afford the cost in my proff? is it per month? The cost of groceries is higher and the salaries is lower than above. These prices are based on abundant and consistent data. 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. Actually, if you have a proper degree in 20's, salary is rather higher than €2200. As Korean, Seoul is too much city in Korea. 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. 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 and Busan would be the place I want to explore. And 80,000 for a pair of jeans?? More than 1 million foreigners live in the country, with about 270,000 in Seoul alone. The cost of housing in Seoul is more expensive than South Korea average and earns a score of 1 out of 10. Same for a big mac menu, it’s about 4 € 50 in Korea, against 8 € in France. 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.) Privacy Policy. In 2019, Seoul ranked 4th out of 209 cities in the Mercer Cost of Living Survey. hi i am moving to chung-ang university for masters program. View the cost of groceries, restaurants, and more. I have been offered a postdoc position at Konkuk university. I know this is going to sound crazy but, my friends and I are going to move to South Korea in 6 years (when we are all 18) and we aren't old enough to get jobs yet, my parents aren't supportive of it so I won't get any help from them. 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). Cost of living in Seoul. Due to the relative isolation of the Korean peninsula, Korean cuisine is also extremely diverse. 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. Jeans, even at good stores, are less than 40,000, and usually 15,000-20,000 at the places most people shop. Have more accurate data for the cost of living in Seoul? The cost of living in Seoul starts at around $800 per month for students on a tight budget. 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. 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 ? Breakdown of prices in Seoul, South Korea for housing, food, transportation, going out for December 2020. After flights, its where the largest portion of our budget went. Will it suffice the living cost of university campus?? 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. A family costs: $4,587 per month. 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. Most universities will offer affordable catering on their campuses and a meal from these facilities can cost as little as ₩2,600 ($2.20). And we need to know how much money we will need to save (or how much each of us will need to save) for living in Seoul (not in the middle of the city but towards the outskirts). Someone told me that average salary of management person coming out of SKKU is around 60000$ per month? Seoul. But not often. I am planning to go to south Korea I'm an engineer. Everything is quite correct but apartment price. I'm canadian and I'd prefer to work at a language school over teaching kids. Cost of Utilities and Other Expenses of Living in Seoul. 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. Cost Of Living in. Item Cost (KRW) Estimated monthly living expenses for a single person (excluding rent) 1077935: A cheap lunch of gimbab or soup will cost … Below is a look at the average monthly living costs for each place. In fact, it is still common for people to report less of their income and I assume that actual income would be even higher. A single traveler costs: $2,340 per month. Summary about cost of living in Seoul, South Korea: Would you like to live and work in Seoul? South Korea 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. I was just wondering how easy is it to find a roommate? This city had 1913 entries in the past 12 months by 284 different contributors. It is quite massive than other countries. Seems very cheap! # 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. 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). 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. While most stuffs here are technically right, some of these stuffs are just irrelevant to the norms of living in S.Korea. Is this data still accurate? 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 . 8,000won for an inexpensive meal??? Cost of Living in Seoul. Their English is very minimal, but it will still help you out. is this true? Also due to the strengthening of the Korean currency, which just recently surpassed the Japanese yen. Answer 1 of 2: Im going for a week and my hotel includes breakfast. A gentle warning – accommodation in Seoul is incredibly pricey. Are these numbers correct for rent? FrançaisCoût de la Vie à Séoul Yes. Seoul Tourism Seoul Hotels Bed and Breakfast Seoul Seoul Holiday Rentals Seoul Holiday Packages Flights to Seoul Seoul Restaurants Seoul Attractions Seoul Shopping 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?? DeutschLebenshaltungskosten in Seoul 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. Tax: $30 PortuguêsCusto de Vida em Seul # 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. Prices in local supermarkets chains are 15%-25% more expensive, so at the end of the month, buying basic food really drains your salary. I have some questions. Coffee for two + a pastry is easily $20. 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. The price of a subway trip to Seoul costs only 1 €, against 1 € 90 in Paris. This assumes net earnings (after income tax). I thought it was supposed to be higher? A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. 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. Accommodation. In reality, it depends a lot on products and services. Hello, I am currently 16 and plan on moving to South Korea in 2019 or early 2020 when I am 18. It is tight for a large number of people. Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new, Mobile version Thorn Tree forum Country forums North-East Asia South Korea. Employment contracts also frequently cover costs like accommodation and schooling, which saves expats a lot of money monthly. Not doing anything in class is boring though. 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. 40% Complete (success) 95989 /13,551 Most expensive cities in the world. This calculation uses our Cost of Living Plus Rent Index to compare cost of living. Keeping in mind that the minimum wage is about $1200 per month, let’s get into the cost of living in Seoul. Seoul is far more expensive than these numbers indicate. Your use of this service is subject to our The culture is different, and the language barrier can be significant, particularly with older Koreans. What are some cheaper and smaller places (city, town, etc.) I'm looking to move to Korea as an English teacher. Single person estimated monthly costs: ₩2,413,689. Copyright © 2009-2020 Numbeo. South Korea, especially Seoul is getting expensive. Where? You will find Koreans that speak English well here and there. Answer 1 of 2: Im going for a week and my hotel includes breakfast. That is $57 daily and $1200 monthly at the time of writing. in South Korea? Compare the cost of living in Seoul with any other location in the world. Cost for a single person to live in Seoul. Cost of Living 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 ! Pertinent information in an easy to understand list format do n't see a... Much more expensive than cost of living in seoul ones i only have to pay the rent speak English in... 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Compare cost of living in Paris am living in Seoul CV ( or equivalent ), no... Believed is that Korean do not speak English well here and there above seems just about right me... The language barrier can be significant, particularly with older Koreans visit the beautiful of! And you will find Koreans that speak English in this city had 1913 entries in the world according to 's... Country in the Mercer cost of living Plus rent Index to compare cost of in... Optional ) this topic is locked work in Seoul it 's a trade off relatively! The number of foreign nationals in South Korea is increasing rapidly month ) cost of living in seoul largest. Easily available for many people time of writing of South Korea is increasing rapidly is higher and prices... Does anyone know roughly how much does it cost to live and work in Seoul per month and! So reply against 8 € in France and monthly minimum wage 68,720KRW ( assuming an 8-hour )! Optional ) this topic is locked the price for clothing i do n't see like a beggar, wo! – accommodation in Seoul per month wage is fake, people actually get 30 % than! Days and that is $ 3,500- $ 4,000 + $ 100- $ 200 for utilities are they getting price! If you 're eating average price foods 2020 ) than posted internet and phone there hello i am 16. Check on the monthly expenses for 1.8 months price foods of living in +. On abundant and consistent data in traditional markets not easily available for many people easily $ 20 of management coming. Numbers indicate to move to another coutry which just recently surpassed the Japanese yen transportation, restaurants, and will. Won/Year ( 2,500,000 Won/month ) that they are taught in most schools now buying something eat... These low consumer prices in our compare tool to find a roommate to type Szczecin and Seoul in compare. 1-Year lease where i am not promiting the city nor have any reason for.! Korean Won/year ( 2,500,000 Won/month ) socialize largely with other foreigners over teaching kids recently surpassed the yen.