Cost of Living in Korea

"The cost of living in Korea varies depending on the city and lifestyle. Generally, the cost of living in Korea is considered to be relatively affordable compared to other developed countries. Basic necessities such as food, transportation, and housing are generally quite affordable, while luxury items such as designer clothing and electronics can be more expensive. Additionally, the cost of living in Korea is affected by the exchange rate of the Korean won to other currencies," remarked one expat in Korea.

"Living in Korea can be more affordable than living in the United States in many ways. The cost of living in Korea is generally lower than in the United States, with rent, groceries, and transportation being significantly cheaper. Additionally, the cost of healthcare is much lower in Korea than in the United States, making it easier to access quality medical care. Furthermore, taxes are lower in Korea than in the United States, which can help to reduce overall expenses. All of these factors can help to make living in Korea more affordable than living in the United States," explained one expat living in Korea.

"The housing cost is outrageous. My home is almost US 10,000 per month. Definitely outrageous," wrote a person living in Seoul.

"Of course it is best to give a swishy washy statement. We pay 1400,000kw per month for a nice place about 1500 sq. Ft. But the size is definitely an estimate," explained one expat living in Ilsan.

"The cost of housing in Korea varies depending on the location and type of housing. Generally, housing in Korea is relatively affordable compared to other countries, with the average cost of rent for a one-bedroom apartment in Seoul ranging from around $500 to $1,500 per month. Outside of Seoul, the cost of rent is usually lower, with one-bedroom apartments typically costing between $300 and $800 per month," said one in Korea.

"The rental price for a nice 1 bedroom apartment in Korea can vary depending on the location and amenities, but generally ranges from around $1,000 to $2,000 per month. For a nice 2 bedroom apartment, the rental price can range from around $1,500 to $3,000 per month," remarked one expat living in Korea.

"In Korea, rental properties typically include a refrigerator, washing machine, air conditioner, and gas stove. Some properties may also include a microwave, water purifier, and/or a dishwasher. Additionally, some properties may include furniture such as a bed, sofa, and/or dining table," said an expat in Korea.