Is the cost of living in Bundang high?
We asked people how much they someone comfortably live on in Bundang, they wrote...
"The cost of living in Bundang, is considered to be relatively high compared to other parts of the country. This is largely due to its status as a popular and affluent suburb of Seoul, with high-quality infrastructure and amenities. Housing is the most significant expense, with rental prices for apartments being quite high, especially for larger or more modern units. The cost of food in Bundang is also slightly higher than the national average, but still affordable. Eating out at restaurants can range from reasonably priced local cuisine to more expensive international fare. Transportation costs are relatively low, with an efficient and affordable public transportation system. However, owning a car can be quite expensive due to high fuel costs and parking fees. Healthcare in Bundang is of a high standard, and while it is not cheap, it is still affordable for most residents, especially those with health insurance. Education costs can vary greatly, with public schools being much cheaper than private or international schools. Overall, while Bundang is more expensive than many other parts of Korea, it is still considered affordable compared to many major cities around the world," explained one expat living in Bundang, Korea.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
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Is the cost of living in Bundang high?
If you live in Bundang, newcomers to Bundang would love to hear your answer to this question.