What is the average cost of housing in Korea?
If you are thinking about moving to Korea, cost of living in probably a key consideration. Expats commented about the cost of housing...
"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," said another expat in Ilsan, Korea.
"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," wrote a member who made the move to Korea.
William RussellGet Quote
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William RussellWilliam Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote
Please login to continue reading this article.
Not a member? Join Today (it's free).
Other Questions:
- What do I need to know before moving to Korea?
- How do I find a place to live in Korea?
- What is a typical expat home or apartment like in Korea?
- What is the average cost of housing in Korea?
- Should I buy or rent a home in Korea?
- What should I pack when moving to Korea?
- What cultural faux pas should I try to avoid making in Korea?
- Why do people move to Korea?
- What are healthcare services like in Korea?
- What are medical services in Korea like?
- What are typical rents in Korea?
- What appliances are typically included in a rental?
What is the average cost of housing in Korea?
If you live in Korea, newcomers to Korea would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
