Living in Seoul: Cost of Living Guide for New Expats
Planning to relocate to Seoul? Heres a realistic breakdown of monthly expenses to help you plan your budget.
Housing
Renting a studio (one-room) in Seoul typically costs between ₩500,000 and ₩900,000 per month, depending on the district. Many employers provide housing subsidies for foreign workers.
Food & Groceries
Eating at local restaurants (gimbap joints, Korean BBQ, noodle shops) is very affordable — a meal can cost as little as ₩5,000–₩10,000. Monthly grocery bills average ₩300,000–₩500,000.
Transportation
Seoul's public transit is world-class and affordable. A T-money card for subway and bus rides typically costs around ₩80,000–₩120,000 per month.
Healthcare
Most employed foreign workers are enrolled in the National Health Insurance (NHI) system, covering roughly 80% of medical costs. Monthly premiums vary by income.
Entertainment & Lifestyle
Seoul offers everything from free parks and palaces to vibrant nightlife. Budget around ₩300,000–₩500,000 per month for leisure activities.