Introduction
Seoul, the vibrant capital of South Korea, is often ranked among the world’s most dynamic cities. Known for its cutting-edge technology, rich cultural heritage, and modern lifestyle, Seoul attracts international students, expats, and families from around the world. But before moving to this amazing city, it’s crucial to understand the cost of living in Seoul.
From accommodation expenses and grocery bills to public transportation and healthcare, living in Seoul can be both affordable and expensive depending on your lifestyle. This comprehensive 2025 guide breaks down all aspects of living costs to help you plan your move and budget effectively.
Overview of Seoul’s Living Standards
Seoul offers a high standard of living with excellent and highly advanced infrastructure, modern healthcare, world-class education, and efficient public transportation. The city balances modern skyscrapers with traditional palaces, offering a unique blend of past and present.
- Quality of life index: High compared to other Asian cities
- Public transport efficiency: Among the best globally
- Healthcare system: Affordable and high-quality
- Education: Strong reputation for universities and international schools
However, housing costs in Seoul—especially in central districts like Gangnam and Jongno—can be affordable. Everyday expenses such as food and utilities vary, but budgeting smartly makes the city livable for different income levels.
Also read: Cost of living in Austria for international students
Housing & Rent in Seoul
Accommodation is the biggest expense for most residents in Seoul. Prices depend on location, property size, and whether you choose a modern apartment, villa, or traditional housing.
Apartments in City Center vs Suburbs
- City center (e.g., Gangnam, Itaewon, Jongno): Higher rents, smaller spaces.
- Suburbs (e.g., Goyang, Incheon): Lower rents, larger apartments, longer commute.
Average Monthly Rent in Seoul (2025)
| Type of Housing | Monthly Rent (KRW) | Approx. USD |
|---|---|---|
| 1-Bedroom (City Center) | ₩1,200,000 – ₩1,800,000 | $900 – $1,350 |
| 1-Bedroom (Suburbs) | ₩700,000 – ₩1,100,000 | $525 – $825 |
| 3-Bedroom Apartment (City Center) | ₩2,800,000 – ₩4,500,000 | $2,100 – $3,400 |
| 3-Bedroom Apartment (Suburbs) | ₩1,800,000 – ₩3,000,000 | $1,350 – $2,250 |
Tip: Many landlords require a large key money deposit (jeonse system) instead of monthly rent. Be prepared for upfront payments.
Food & Groceries Expenses in Seoul
Eating Out (Restaurants & Cafes)
Dining out is common in Seoul, and the variety is vast—from affordable street food to fine dining.
- Meal at inexpensive restaurant: ₩10,000 – ₩15,000 ($7 – $11)
- Three-course meal for two (mid-range): ₩50,000 – ₩80,000 ($38 – $60)
- Cappuccino: ₩4,500 – ₩6,000 ($3.40 – $4.50)
Supermarket & Grocery Prices (2025)
| Item | Average Price (KRW) | Approx. USD |
|---|---|---|
| Milk (1 liter) | ₩2,800 | $2.10 |
| Bread (500g loaf) | ₩3,500 | $2.60 |
| Rice (1kg) | ₩4,200 | $3.20 |
| Eggs (12) | ₩5,000 | $3.80 |
| Chicken breast (1kg) | ₩11,000 | $8.30 |
| Apples (1kg) | ₩7,500 | $5.60 |
| Bananas (1kg) | ₩4,800 | $3.60 |
Groceries are relatively affordable compared to rent, but imported goods are significantly more expensive.
Transportation Costs in Seoul
Seoul has one of the most efficient public transport systems worldwide.
- Metro (subway) fare: ₩1,400 – ₩1,800 ($1.05 – $1.35) per ride
- Monthly transport pass: ₩65,000 – ₩75,000 ($50 – $57)
- Taxi (per km): ₩1,000 – ₩1,200 ($0.75 – $0.90)
- Gasoline (per liter): ₩1,700 – ₩2,000 ($1.30 – $1.50)
Owning a car is costly due to insurance, parking, and fuel charges. Most residents like to travel on public transport.
Utilities & Internet Prices in Seoul
- Basic utilities (electricity, heating, cooling, water, garbage): ₩200,000 – ₩300,000 ($150 – $225) per month for an 85m² apartment
- Internet (60 Mbps, unlimited): ₩25,000 – ₩40,000 ($19 – $30)
- Mobile phone plan: ₩50,000 – ₩70,000 ($38 – $53)
Winter heating bills can significantly increase monthly costs.
Healthcare & Insurance Costs in Seoul
South Korea’s National Health Insurance (NHI) makes healthcare accessible and affordable.
- Doctor’s visit: ₩20,000 – ₩40,000 ($15 – $30)
- Specialist visit: ₩50,000 – ₩80,000 ($38 – $60)
- Private health insurance (expats): ₩120,000 – ₩250,000 ($90 – $190) per month
The system ensures high-quality healthcare at a fraction of Western prices.
Education & Childcare Expenses in Seoul
- Daycare/Preschool (private): ₩400,000 – ₩700,000 ($300 – $525) monthly
- International School Tuition: ₩20M – ₩40M ($15,000 – $30,000) annually
- University tuition (Korean universities): ₩6M – ₩12M ($4,500 – $9,000) per year
International schools are costly, but Korean public schools are more affordable.
Entertainment & Lifestyle Costs
- Gym membership: ₩70,000 – ₩120,000 ($53 – $90) monthly
- Cinema ticket: ₩12,000 – ₩15,000 ($9 – $11)
- Nightlife (club entry + drinks): ₩40,000 – ₩70,000 ($30 – $53)
Seoul has an active nightlife, diverse food culture, and endless leisure activities, so lifestyle costs depend heavily on personal habits.
Clothing & Personal Expenses
- Jeans (branded): ₩70,000 – ₩120,000 ($53 – $90)
- Running shoes: ₩90,000 – ₩150,000 ($68 – $113)
- Casual wear (t-shirt): ₩20,000 – ₩40,000 ($15 – $30)
International fashion brands are often more expensive than in the US or Europe.
Salary & Job Opportunities in Seoul
- Average monthly salary (after tax): ₩3.3M – ₩4.5M ($2,500 – $3,400)
- Top industries: Tech, finance, English teaching, engineering, and entertainment
- Competition: High, especially for expats without Korean language skills
Seoul offers lucrative job opportunities, but salaries must be balanced against high housing costs.
Cost of Living Index for Seoul Compared to Other Cities
- Seoul vs Tokyo: Slightly cheaper housing, similar groceries
- Seoul vs New York: About 40–50% cheaper overall
- Seoul vs London: 30–35% cheaper, especially food & healthcare
Seoul remains one of the more affordable developed capitals in Asia.
Budget Breakdown Examples
| Profile | Housing | Food | Transport | Utilities & Internet | Other | Total |
|---|---|---|---|---|---|---|
| 👨🎓 Student | $600 | $300 | $55 | $70 | $150 | $1,175 |
| 👤 Single Expat | $1,000 | $400 | $57 | $150 | $300 | $1,907 |
| 👨👩👧👦 Family of 4 | $2,800 | $900 | $120 | $250 | $600 | $4,670 |
Is Seoul Expensive to Live In? – Pros & Cons
Pros:
- Affordable healthcare and public transport
- High salaries for skilled professionals
- Excellent infrastructure and lifestyle
Cons:
- High housing and key money deposits
- International schools are expensive
- Imported goods and fashion cost more
Money-Saving Tips for Living in Seoul
- Rent in the suburbs or share apartments
- Use public transportation instead of owning a car
- Shop at traditional markets (cheaper than supermarkets)
- Take advantage of government healthcare insurance
- Cook at home instead of eating out daily
Final Thoughts – Is Seoul Worth Living In?
The cost of living in Seoul in 2025 depends largely on lifestyle choices. While housing can be expensive, healthcare, transportation, and food are relatively affordable. For students, Seoul offers a vibrant culture at a manageable cost. Expats enjoy career opportunities, while families benefit from a safe, modern environment.
👉 Overall, Seoul remains a high-value global city for those who plan their finances wisely.
FAQs – Cost of Living in Seoul (2025)
Q1: Is Seoul an expensive place to live?
Seoul can be expensive, especially for housing, but everyday expenses like food and transport are relatively affordable compared to other major capitals.
Q2: What is the average monthly rent in Seoul?
A 1-bedroom apartment in the city center costs about ₩1.2M – ₩1.8M ($900 – $1,350), while in suburbs it’s ₩700K – ₩1.1M ($525 – $825).
Q3: How much does food cost in Seoul?
Eating out at a local restaurant costs ₩10K – ₩15K ($7 – $11). Monthly groceries for one person average ₩300K – ₩400K ($225 – $300).
Q4: Is Seoul affordable for students?
Yes, students can live on a budget of around $1,000 – $1,200 per month by sharing housing and using public transport.
