🇰🇷 Cost of living · South Korea
Seoul Cost of Living
Monthly cost of living breakdown for Seoul, South Korea
Cost Level: Medium
Housing
1BR Apartment — City Center ₩900,000–1,700,000/mo (center); ₩600,000–950,000/mo (outer)
USD Reference Approx. USD 610–1,150/mo (1BR centre) · at 2026-07-21 FX rates
Food & Dining
Budget Restaurant / Local Eatery ₩6,000–12,000 (local restaurant)
Monthly Groceries ₩350,000–600,000/mo
Transport
Monthly Transport Cost T-money monthly ~₩55,000–100,000
9 metro lines cover the city and Incheon Airport. T-money card for metro/bus/taxi. Kakao T ride-hailing is popular.
Monthly Budget Summary
Budget Lifestyle (single)
USD 1,200–2,000
Comfortable Lifestyle (single)
USD 2,000–3,500
Family Budget (2–3 people)
USD 4,000–6,500
Important Note
Data above is approximate and indicative. Actual costs vary by location, personal lifestyle, and exchange rate fluctuations. Verify with local sources after arrival.
Source: RichBay editorial estimate (indicative, not guaranteed)
Estimate baseline: 2026-07-20
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