CostTrek

Cost of living

Seoul

Seoul, South Korea

84
Overall cost index
US = 100
$900
Median 1-bedroom rent
16%
16% below the US average

In plain terms: Seoul is about 16% cheaper than a typical US city. A one-bedroom in the centre runs around $900/month.

Cities in South Korea

Category breakdown

Index vs the US average — the line marks 100. Lower is cheaper.

  • Housing9010%
  • Food & groceries8515%
  • Transport5545%
  • Utilities8020%
  • Healthcare6535%
  • Goods & services955%

About

The Miracle on the Han River

A hyper-modern megacity with the world's best transit and internet, K-culture everywhere and remarkable safety. The costs are Western-tier, the work culture intense and the jeonse deposits huge — but a new workation visa is opening the door to nomads.

Currency
South Korean won · KRW
Languages
Korean
Coordinates
37.57, 126.98
Emergency
112

What things cost

1-bed, city centre$900 /mo
1-bed, outside centre$650 /mo
Inexpensive meal$8
Cappuccino$4
Monthly transit pass$45
Utilities (85 m²)$80 /mo
Internet, 100 Mbps$25 /mo
Gym membership$55 /mo

Housing

Rent, 1-bed centre$900 /mo
Rent, 1-bed outside centre$650 /mo
Rent, 3-bed centre$1,900 /mo
Buy price, centre$12,000 /m²
Buy price, outside centre$7,000 /m²

Taxes

45%

Income tax

progressive

10%

VAT / sales

24%

Corporate

$2,500

Avg net salary

per month

Visas & residency

Points-based E-7 skilled visa and F-2 residence tracks; a workation (F-1-D) nomad visa launched 2024.

K-ETA or visa-free short stays for many passports.

Workation Visa (F-1-D)digital-nomad

2024; remote workers, ~$65k/yr income.

Max stay: 24 months

E-7 Skilled Workerwork

Employer-sponsored, occupation list.

F-2 Residenceresidence

Permanent residence after ~5 yrs. Citizenship after ~5 yrs.

Quality of life

Safety

78/100

Healthcare

82/100

Pollution

55/100

Internet

220 Mbps

Jan avg

-2 °C

Jul avg

+25 °C

Sunny days

200/yr

Walkability

75/100

Public transit

92/100

Family-friendly

68/100

Living there

English spoken
Moderate
Expat community
Large
Coworking spaces
40
Tap water
Safe to drink

Popular areas

GangnamItaewonHongdaeSeongsu

Relocation & documents

Where to look

Coming soon
RentZigbangInsuranceSafetyWingSIM & internetAiraloCoworkingWeWork

Updated: 2026-08-14 · Sources: Cost/quality survey (placeholder) · Economy: World Bank Open Data (GDP per capita, life expectancy, inflation) · Taxes: national tax authority / OECD (headline figures)

? Frequently asked questions

How much does it cost to live in Seoul, KR?

Seoul, KR's cost-of-living index is 84 (US average = 100) — about 16% cheaper than a typical US city. A one-bedroom apartment in the centre costs around $900 per month.

What are the average living costs in Seoul, KR?

Living costs in Seoul, KR are about 16% cheaper than the US average — its cost-of-living index is 84 (US = 100). Monthly living expenses scale with that, and housing is the biggest line: a one-bedroom in the centre runs around $900. See the category breakdown above for where the money goes.

What is the average rent in Seoul, KR?

A one-bedroom in the city centre averages about $900 per month, and around $650 outside the centre.

What taxes would I pay in South Korea?

South Korea has a top income-tax rate of 45% and a VAT or sales tax of 10%. See the taxes section above for the full breakdown.

What is the weather like in Seoul, KR?

Seoul, KR averages around -2 °C in January and +25 °C in July, with roughly 200 sunny days a year.

Is Seoul, KR safe?

Seoul, KR scores 78 out of 100 on our safety index, where higher means safer.

Compare Seoul with…

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.