2023 Cost of Living in South Korea

2023 Cost living in Korea

Carry cash

Cash can also come in handy when shopping at traditional markets as vendors are more open to negotiating prices with paper money. But you need to bring your credit card or debit card because some stores don't take cash. And most of buses in main cities don't take the cash so you need to have T-money card as below:

T-money / Korea tour card

Service Link : https://www.koreatourcard.kr/kr/

코리아투어카드

Daily costs in Seoul
Hostel room: ₩20,000–₩50,000 (from US$15.38 for a dorm bed) per night
Basic room for two: from ₩80,000 (US$61.5) per night
Self-catering apartment (including Airbnb): from ₩100,000 (US$76.92) per night
Hanok (traditional Korean house) stays: from ₩120,000 (US$92.3) per night
Public transport ticket (one subway ride): ₩1,350 (US$1.05) 
Coffee: ₩5,000 (US$3.85) - starbucks
Gimbap (rice rolls): ₩5,000 (US$3.85)
Dinner for two: from ₩30,000 (US$23.07)
Beer at the bar: from ₩6,000 (US$4.62)

 

Living costs in Seoul

Car Rental : from ₩90,000 per day (US$69.23)

Fuel : from ₩1,400/L (US$1.07)

House(60sqm 2 bedroom apartment) : from ₩0.5B (US$384,600)

Watermelon : from ₩10,000 (US$7.7)

Milk : from ₩2500/L (US$1.92)