Cost of Living in South Korea
Understand the cost of living in South Korea including accommodation, food, transportation, and other expenses to plan your budget effectively.
Monthly Living Expenses
Average monthly costs for an international student in South Korea.
Dormitory: ₩300,000–₩600,000/month. Off-campus: ₩400,000–₩800,000/month (Seoul), ₩300,000–₩500,000 (outside Seoul).
₩300,000–₩500,000/month. University cafeteria meals: ₩3,000–₩6,000. Eating out: ₩8,000–₩15,000 per meal.
₩50,000–₩80,000/month. Subway/bus: ₩1,250 per ride. Monthly T-money pass available.
₩100,000–₩200,000/month including electricity, water, gas, internet, and phone.
₩15,000–₩30,000/month. National Health Insurance required for all international students.
₩900,000–₩1,800,000/month ($700–$1,400) depending on location and lifestyle.
Money-Saving Tips
Practical ways to manage your expenses as a student in Korea.
Most museums, cinemas, and cultural sites offer 30-50% student discounts with your student ID.
International students can work up to 20 hours/week during semesters, 40 hours/week during vacation. Average pay: ₩9,620/hour (2024 minimum wage).
Goshiwon (small studio rooms) cost as little as ₩300,000/month and often include utilities and basic meals.