Cost of living in South Korea

South Korea offers a wide range of advantages for those who choose to live there. One of the key benefits is the thriving economy, which provides numerous job opportunities and a high standard of living. The country is home to many multinational companies, making it an attractive destination for expatriates seeking career growth.

Moreover, South Korea boasts a well-developed infrastructure, including efficient public transportation and advanced telecommunications systems. This makes it convenient for residents to commute and stay connected with others. Additionally, the country prioritizes safety and security, with low crime rates and a strong emphasis on public order.

In terms of education, South Korea is renowned for its high-quality schooling system. The country consistently ranks high in international education rankings, with a strong focus on academic excellence. This provides an ideal environment for both children and adults to pursue education and professional development.

Another advantage of living in South Korea is the rich cultural experience it offers. The country has a long history, and its vibrant culture is evident in its traditions, festivals, and cuisine. Residents have ample opportunities to immerse themselves in Korean culture, including trying traditional dishes like kimchi or participating in various cultural events throughout the year.

Moreover, South Korea boasts beautiful landscapes and a diverse natural environment. From stunning mountains and national parks to pristine beaches and picturesque countryside, the country offers plenty of opportunities for outdoor activities and recreation.

Overall, living in South Korea allows individuals to enjoy a high standard of living, excellent career prospects, a strong educational system, a rich cultural experience, and breathtaking natural beauty. These advantages, combined with the warmth and hospitality of its people, make South Korea an attractive destination for many expatriates.

Average salaries in South Korea

Here are some examples of average monthly salaries for popular positions in South Korea:

1. Teacher: The average monthly salary for a teacher in South Korea is around 2.5 million KRW (approximately 2,000 EUR or 2,300 USD).

2. Salesperson: The average monthly salary for a salesperson in South Korea varies depending on the industry and level of experience. On average, it can range from 2 to 3 million KRW (approximately 1,600 to 2,400 EUR or 1,800 to 2,800 USD).

3. Driver: The average monthly salary for a driver in South Korea also varies depending on the type of driving job. For example, a taxi driver can earn around 2.5 million KRW (approximately 2,000 EUR or 2,300 USD) per month, while a truck driver can earn around 2 to 3 million KRW (approximately 1,600 to 2,400 EUR or 1,800 to 2,800 USD) per month.

It’s important to note that these are just average figures and salaries can vary depending on factors such as experience, qualifications, location, and company size. Additionally, the cost of living in South Korea should also be taken into consideration when evaluating the purchasing power of these salaries.

Food prices in South Korea

Meals in restaurants

Here are some examples of meal prices in restaurants in South Korea:

1. Bibimbap (mixed rice with vegetables and meat) – 8,000 KRW (6.70 EUR, 7.90 USD)

2. Kimchi jjigae (kimchi stew) – 10,000 KRW (8.40 EUR, 9.90 USD)

3. Samgyeopsal (grilled pork belly) – 15,000 KRW (12.60 EUR, 14.80 USD)

4. Japchae (stir-fried glass noodles with vegetables and meat) – 12,000 KRW (10.10 EUR, 11.90 USD)

5. Bulgogi (marinated grilled beef) – 20,000 KRW (16.80 EUR, 19.80 USD)

6. Sundubu jjigae (soft tofu stew) – 10,000 KRW (8.40 EUR, 9.90 USD)

7. Gimbap (seaweed rice rolls) – 3,000 KRW (2.50 EUR, 2.90 USD)

8. Tteokbokki (spicy rice cakes) – 5,000 KRW (4.20 EUR, 4.90 USD)

9. Haemul pajeon (seafood pancake) – 15,000 KRW (12.60 EUR, 14.80 USD)

10. Galbi (marinated grilled beef short ribs) – 25,000 KRW (21.00 EUR, 24.70 USD)

Please note that these prices are approximate and can vary depending on the location and type of restaurant. Additionally, prices may be higher in tourist areas or upscale establishments.

Grocery shopping

Here is a list of basic food products and their prices in South Korea:

1. Rice (1kg) – 3,000 KRW (2.50 EUR, 3.00 USD)

2. Eggs (10 pieces) – 3,500 KRW (2.90 EUR, 3.50 USD)

3. Chicken breast (1kg) – 8,000 KRW (6.60 EUR, 8.00 USD)

4. Beef (1kg) – 20,000 KRW (16.50 EUR, 20.00 USD)

5. Pork (1kg) – 10,000 KRW (8.30 EUR, 10.00 USD)

6. Milk (1 liter) – 2,500 KRW (2.10 EUR, 2.50 USD)

7. Bread (loaf) – 3,000 KRW (2.50 EUR, 3.00 USD)

8. Potatoes (1kg) – 2,000 KRW (1.70 EUR, 2.00 USD)

9. Tomatoes (1kg) – 3,000 KRW (2.50 EUR, 3.00 USD)

10. Onions (1kg) – 2,000 KRW (1.70 EUR, 2.00 USD)

Please note that these prices are approximate and may vary depending on the location and the specific store. Additionally, prices can fluctuate over time due to various factors such as seasonality and market conditions.

South Korea is known for its high-quality food products, and while some items may be more expensive compared to other countries, the overall cost of living in South Korea is relatively affordable. It is also worth mentioning that there are various options available for purchasing groceries, including local markets, supermarkets, and online platforms, which may offer different price ranges.

Overall, South Korea offers a wide range of food products at reasonable prices, allowing residents and visitors to enjoy a diverse and delicious culinary experience.

Cafes and bars

Here is a list of average prices for beverages served in bars and cafes in South Korea:

1. Coffee (hot or iced): 4,000-6,000 KRW ($3.50-$5.30 / €3.00-€4.50)

2. Tea (hot or iced): 3,000-5,000 KRW ($2.60-$4.40 / €2.20-€3.70)

3. Soft drinks (carbonated or non-carbonated): 2,000-4,000 KRW ($1.80-$3.50 / €1.50-€3.00)

4. Fresh fruit juice: 5,000-7,000 KRW ($4.40-$6.20 / €3.70-€5.30)

5. Smoothies: 6,000-8,000 KRW ($5.30-$7.10 / €4.50-€6.00)

6. Milkshakes: 5,000-7,000 KRW ($4.40-$6.20 / €3.70-€5.30)

7. Alcoholic beverages (beer, soju, makgeolli): 4,000-8,000 KRW ($3.50-$7.10 / €3.00-€6.00)

8. Cocktails: 8,000-12,000 KRW ($7.10-$10.60 / €6.00-€9.00)

9. Wine (glass): 8,000-15,000 KRW ($7.10-$13.30 / €6.00-€11.30)

10. Spirits (whiskey, vodka, gin): 8,000-15,000 KRW ($7.10-$13.30 / €6.00-€11.30)

Please note that these prices are approximate and can vary depending on the location, type of establishment, and specific brand or quality of the beverage. Additionally, prices may be slightly higher in popular tourist areas or upscale establishments. It’s always a good idea to check the menu or ask the staff for the exact prices before ordering.

South Korea offers a wide range of beverages to suit different preferences and budgets. Whether you’re looking for a refreshing cup of coffee, a traditional Korean tea, or a cocktail to unwind, you can find options at various price points.

Accomodation

Flat rental in South Korea

Orientacyjne koszty wynajmu mieszkań w Korei Południowej mogą się różnić w zależności od lokalizacji, wielkości mieszkania i standardu. Poniżej przedstawiam przybliżone koszty wynajmu mieszkań w różnych miastach Korei Południowej:

1. Seul:

– Mieszkanie jednopokojowe w centrum miasta: około 1,5 miliona KRW (1200 EUR, 1400 USD) miesięcznie.

– Mieszkanie trzypokojowe w centrum miasta: około 3,5 miliona KRW (2800 EUR, 3300 USD) miesięcznie.

2. Busan:

– Mieszkanie jednopokojowe w centrum miasta: około 1,1 miliona KRW (900 EUR, 1000 USD) miesięcznie.

– Mieszkanie trzypokojowe w centrum miasta: około 2,5 miliona KRW (2000 EUR, 2300 USD) miesięcznie.

3. Incheon:

– Mieszkanie jednopokojowe w centrum miasta: około 1,2 miliona KRW (1000 EUR, 1100 USD) miesięcznie.

– Mieszkanie trzypokojowe w centrum miasta: około 2,8 miliona KRW (2200 EUR, 2600 USD) miesięcznie.

Warto zauważyć, że powyższe ceny są jedynie orientacyjne i mogą się różnić w zależności od wielu czynników. Dodatkowo, koszty wynajmu mogą być wyższe w bardziej prestiżowych dzielnicach lub w nowoczesnych budynkach z dodatkowymi udogodnieniami.

Wynajem mieszkania w Korei Południowej może być kosztowny, szczególnie w większych miastach. Warto również wziąć pod uwagę dodatkowe koszty, takie jak opłaty za media, czynsz administracyjny i depozyt. Przed podjęciem decyzji o wynajmie mieszkania, zaleca się dokładne zbadanie rynku nieruchomości i skonsultowanie się z lokalnymi agencjami nieruchomości w celu uzyskania aktualnych informacji dotyczących cen i warunków wynajmu.

Buy a house or apartament in South Korea

Koszty zakupu domów i mieszkań w Korei Południowej mogą się różnić w zależności od lokalizacji, wielkości, jakości i wieku nieruchomości. Poniżej przedstawiam orientacyjne koszty zakupu w różnych miastach Korei Południowej:

1. Seul:

– Średnia cena mieszkania w centrum miasta wynosi około 1,2 miliarda KRW (około 900 000 EUR, 1 000 000 USD).

– Średnia cena mieszkania poza centrum miasta wynosi około 600 milionów KRW (około 450 000 EUR, 500 000 USD).

2. Busan:

– Średnia cena mieszkania w centrum miasta wynosi około 600 milionów KRW (około 450 000 EUR, 500 000 USD).

– Średnia cena mieszkania poza centrum miasta wynosi około 300 milionów KRW (około 225 000 EUR, 250 000 USD).

3. Incheon:

– Średnia cena mieszkania w centrum miasta wynosi około 500 milionów KRW (około 375 000 EUR, 415 000 USD).

– Średnia cena mieszkania poza centrum miasta wynosi około 300 milionów KRW (około 225 000 EUR, 250 000 USD).

4. Daegu:

– Średnia cena mieszkania w centrum miasta wynosi około 400 milionów KRW (około 300 000 EUR, 330 000 USD).

– Średnia cena mieszkania poza centrum miasta wynosi około 200 milionów KRW (około 150 000 EUR, 165 000 USD).

Warto zauważyć, że powyższe ceny są jedynie orientacyjne i mogą się różnić w zależności od aktualnej sytuacji na rynku nieruchomości. Dodatkowo, koszty zakupu mogą obejmować również dodatkowe opłaty, takie jak podatki, prowizje dla pośredników, koszty notarialne i inne. Przed zakupem nieruchomości zawsze warto skonsultować się z lokalnymi ekspertami, aby uzyskać dokładne informacje dotyczące kosztów i procedur zakupu nieruchomości w Korei Południowej.

Transport in South Korea

Public transport

Here is a list of different forms of public transportation in South Korea, along with their approximate prices in Korean won (KRW), euros (EUR), and US dollars (USD):

1. Seoul Metro (subway):

– Base fare: 1,350 KRW (1.1 EUR / 1.3 USD)

– Additional fare per distance: 100 KRW (0.08 EUR / 0.1 USD)

2. Bus:

– Base fare: 1,300 KRW (1.1 EUR / 1.2 USD)

– Additional fare per distance: 100 KRW (0.08 EUR / 0.1 USD)

3. Taxi:

– Base fare: 3,800 KRW (3.1 EUR / 3.6 USD)

– Additional fare per distance: 100 KRW (0.08 EUR / 0.1 USD)

4. KTX (high-speed train):

– Fare varies depending on the distance and class of service. For example, a one-way ticket from Seoul to Busan can range from 59,800 KRW (49.2 EUR / 57.2 USD) for standard class to 134,800 KRW (111 EUR / 129.2 USD) for first class.

5. Airport Express Train:

– Fare from Incheon International Airport to Seoul Station: 9,000 KRW (7.4 EUR / 8.6 USD)

6. Intercity Bus:

– Fare varies depending on the distance and type of bus. For example, a one-way ticket from Seoul to Busan can range from 25,000 KRW (20.6 EUR / 24 USD) for a standard bus to 45,000 KRW (37.1 EUR / 43.2 USD) for a premium bus.

7. Bicycle Rental:

– Hourly rental: 1,000 KRW (0.8 EUR / 0.9 USD)

– Daily rental: 3,000 KRW (2.5 EUR / 2.9 USD)

Please note that these prices are approximate and may vary depending on the specific location and time of travel. It’s always a good idea to check the latest fares before using public transportation in South Korea.

Fuel prices

Here are some examples of fuel prices in South Korea:

– Gasoline (unleaded): 1,500 KRW per liter (1.3 EUR or 1.5 USD per liter)

– Diesel: 1,300 KRW per liter (1.1 EUR or 1.3 USD per liter)

Please note that these prices are approximate and may vary depending on the location and current market conditions. It’s always a good idea to check the latest prices at local gas stations before refueling.

South Korea is known for having relatively high fuel prices compared to some other countries. This is due to various factors, including high taxes and environmental regulations aimed at reducing emissions and promoting cleaner energy sources.

Despite the higher prices, South Korea has a well-developed public transportation system, including an extensive network of buses, subways, and trains. This provides residents and visitors with alternative options for getting around without relying heavily on private vehicles.

In recent years, there has also been a growing interest in electric vehicles (EVs) in South Korea. The government has implemented various incentives and subsidies to encourage the adoption of EVs, including tax breaks and charging infrastructure development. As a result, the number of EVs on the roads has been steadily increasing.

Overall, while fuel prices in South Korea may be higher compared to some other countries, the country has been actively promoting sustainable transportation options and investing in alternative energy sources to reduce reliance on fossil fuels.

Vehicles rental

Here are some examples of rental prices for vehicles in South Korea:

1. Car rental:

– Economy car: starting from 40,000 KRW per day (around 30 EUR or 35 USD)

– Mid-size car: starting from 60,000 KRW per day (around 45 EUR or 55 USD)

– SUV: starting from 80,000 KRW per day (around 60 EUR or 70 USD)

2. Scooter rental:

– 50cc scooter: starting from 20,000 KRW per day (around 15 EUR or 18 USD)

– 125cc scooter: starting from 30,000 KRW per day (around 23 EUR or 27 USD)

Please note that these prices are approximate and may vary depending on the rental company, location, duration of rental, and the type of vehicle chosen. It is always recommended to check with different rental companies for the most accurate and up-to-date prices.

In South Korea, the local currency is the South Korean Won (KRW). The conversion rates to Euro and US Dollar mentioned above are based on approximate values and may vary depending on the current exchange rates.

Entertainment prices in South Korea

Here is a list of different forms of entertainment in South Korea along with their approximate prices in Korean won (KRW), euros (EUR), and US dollars (USD):

1. Movie ticket: 10,000 KRW (8 EUR, 9 USD)

2. Concert ticket: 50,000-200,000 KRW (40-160 EUR, 45-180 USD)

3. Theme park admission: 50,000-100,000 KRW (40-80 EUR, 45-90 USD)

4. Museum entrance fee: 5,000-15,000 KRW (4-12 EUR, 4.5-14 USD)

5. Karaoke room rental: 20,000-50,000 KRW per hour (16-40 EUR, 18-45 USD)

6. PC bang (internet cafe) usage: 1,000-3,000 KRW per hour (0.8-2.4 EUR, 0.9-2.7 USD)

7. Escape room experience: 20,000-30,000 KRW per person (16-24 EUR, 18-27 USD)

8. Live theater performance ticket: 30,000-100,000 KRW (24-80 EUR, 27-90 USD)

9. Norebang (singing room) rental: 20,000-30,000 KRW per hour (16-24 EUR, 18-27 USD)

10. Sports game ticket (e.g., baseball, soccer): 10,000-50,000 KRW (8-40 EUR, 9-45 USD)

Please note that these prices are approximate and can vary depending on the location, popularity, and time of the event or activity. It’s always a good idea to check the current prices before planning your entertainment activities in South Korea.

Basic services in South Korea

Here is a list of basic services and their approximate prices in South Korea:

1. Cinema ticket: 10,000 KRW (8.5 EUR, 10 USD)

2. Haircut (men): 20,000 KRW (17 EUR, 20 USD)

3. Haircut (women): 30,000 KRW (25.5 EUR, 30 USD)

4. Manicure: 20,000 KRW (17 EUR, 20 USD)

5. Pedicure: 30,000 KRW (25.5 EUR, 30 USD)

6. Facial treatment: 50,000 KRW (42.5 EUR, 50 USD)

7. Full body massage: 70,000 KRW (59.5 EUR, 70 USD)

8. Car mechanic labor cost per hour: 50,000 KRW (42.5 EUR, 50 USD)

Please note that these prices are approximate and can vary depending on the location, quality of service, and specific requirements. It’s always a good idea to check with the service provider for the most accurate and up-to-date prices.

South Korea is known for its high-quality services, especially in the beauty and entertainment industries. The prices mentioned above are relatively affordable compared to many other countries. However, it’s important to consider the cost of living in South Korea, which can be higher than in some other countries.

Overall, South Korea offers a wide range of services at reasonable prices, making it a popular destination for tourists and locals alike. Whether you’re looking for a relaxing massage, a stylish haircut, or a fun movie night, you can find quality services at affordable prices in South Korea.

Healthcare

Here is a list of prices for private healthcare services in South Korea:

1. Visit to a specialist doctor: The cost of a visit to a specialist doctor in South Korea can range from 30,000 KRW to 100,000 KRW (approximately 25-85 EUR or 30-100 USD), depending on the type of specialist and the complexity of the case.

2. Visit to a dentist: The cost of a dental visit in South Korea can vary depending on the procedure. A routine dental check-up can cost around 50,000 KRW to 100,000 KRW (approximately 40-85 EUR or 50-100 USD). More complex procedures such as fillings, root canals, or extractions can range from 100,000 KRW to 500,000 KRW (approximately 85-420 EUR or 100-500 USD).

3. Visit to an ophthalmologist: The cost of an eye examination by an ophthalmologist in South Korea can range from 50,000 KRW to 100,000 KRW (approximately 40-85 EUR or 50-100 USD). Additional costs may apply for specialized tests or procedures such as LASIK surgery.

It is important to note that these prices are approximate and can vary depending on the location, clinic, and specific services required. Additionally, prices for private healthcare in South Korea may be higher than those in public healthcare facilities. It is advisable to check with individual clinics or hospitals for accurate pricing information.

Vacations and trips

Here is a list of prices related to vacations and trips in South Korea:

1. Accommodation:

– Budget hotel: 50,000 KRW per night (40 EUR, 47 USD)

– Mid-range hotel: 100,000 KRW per night (80 EUR, 94 USD)

– Luxury hotel: 200,000 KRW per night (160 EUR, 188 USD)

2. Transportation:

– Subway fare: 1,250 KRW per ride (1 EUR, 1.18 USD)

– Bus fare: 1,200 KRW per ride (1 EUR, 1.12 USD)

– Taxi starting fare: 3,800 KRW (3 EUR, 3.53 USD)

3. Food and drinks:

– Street food: 3,000-10,000 KRW per dish (2.4-8 EUR, 2.8-9.4 USD)

– Local restaurant: 10,000-20,000 KRW per meal (8-16 EUR, 9.4-18.8 USD)

– Western-style restaurant: 20,000-50,000 KRW per meal (16-40 EUR, 18.8-47 USD)

– Bottle of water: 1,000 KRW (0.8 EUR, 0.94 USD)

– Cup of coffee: 4,000-6,000 KRW (3.2-4.8 EUR, 3.8-5.7 USD)

4. Attractions and activities:

– Entrance fee to palaces and temples: 3,000-5,000 KRW (2.4-4 EUR, 2.8-4.7 USD)

– Entrance fee to museums: 5,000-10,000 KRW (4-8 EUR, 4.7-9.4 USD)

– Theme park ticket: 50,000-100,000 KRW (40-80 EUR, 47-94 USD)

– Hanbok rental: 10,000-20,000 KRW per hour (8-16 EUR, 9.4-18.8 USD)

5. Shopping:

– Souvenirs: 5,000-20,000 KRW (4-16 EUR, 4.7-18.8 USD)

– Clothing: 20,000-100,000 KRW (16-80 EUR, 18.8-94 USD)

– Electronics: prices vary depending on the item

Please note that these prices are approximate and can vary depending on the location, season, and exchange rates. It’s always a good idea to check the current prices before planning your trip to South Korea.

Clothes and accessories

Here is an average price list of clothing and accessories in South Korea:

1. T-shirts: 20,000 KRW (17 EUR, 20 USD)

2. Jeans: 50,000 KRW (42 EUR, 50 USD)

3. Dresses: 70,000 KRW (59 EUR, 70 USD)

4. Sweaters: 40,000 KRW (34 EUR, 40 USD)

5. Shoes: 80,000 KRW (68 EUR, 80 USD)

6. Handbags: 100,000 KRW (85 EUR, 100 USD)

7. Sunglasses: 30,000 KRW (25 EUR, 30 USD)

8. Hats: 20,000 KRW (17 EUR, 20 USD)

9. Scarves: 30,000 KRW (25 EUR, 30 USD)

10. Belts: 20,000 KRW (17 EUR, 20 USD)

Please note that these prices are approximate and can vary depending on the brand, quality, and location of the store. South Korea is known for its fashion-forward culture, and there are a wide range of options available at different price points. It is also worth mentioning that South Korea has a vibrant street market culture where you can find more affordable clothing and accessories. Additionally, there are seasonal sales and discounts throughout the year, so it is possible to find good deals on clothing and accessories in South Korea.