Living Costs

No matter where in the world you live, how much you spend and how much you save, it’s totally up to you. Some people manage to live with very little expenses; others love spending. And in Korea it is very easy to spend: stores line the streets, and bright colours everywhere can draw you like a moth to a flame. From clothes to gadgets – it’s all here, in abundance.

But let’s focus on the necessities, assuming that you are set on saving your (not-so) hard earned cash.

Accommodation and flights are paid for. Water, electricity, gas, TV and Internet bills range from person to person and summer to winter, but you can budget on between 80 000 to 160 000 won per month.

Food can cost up to 200 000 won per month, and then you’re eating well. Restaurants are everywhere. At a kimbab shop (Basic Korean Restaurant), you can eat a hearty meal, with prices ranging from 2000 to 8000 won.