Cryptocurrency Q&A Is Korea a cheap place to live?

Is Korea a cheap place to live?

Tommaso Tommaso Sat Mar 30 2024 | 7 answers 1457
Hello, I'm considering relocating to Korea and am interested in learning about the cost of living there. Could you tell me if Korea is an affordable place to live? I've heard that the cost of housing, food, and transportation can vary quite a bit depending on the city and neighborhood. Could you provide me with some insight into the average cost of these essentials in Korea? Additionally, I'm curious about the overall affordability of daily life, including entertainment, education, and healthcare. Would you say that Korea is a relatively inexpensive place to settle down and raise a family, or are there certain aspects that could potentially be quite costly? Thank you for your time and assistance. Is Korea a cheap place to live?

7 answers

HallyuHeroLegendaryStar HallyuHeroLegendaryStar Mon Apr 01 2024
Seoul, the capital of South Korea, boasts a cost of living that averages 1,600,000 Korean won ($1411) for an individual.

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CryptoMagician CryptoMagician Sun Mar 31 2024
Within this cost breakdown, approximately 743,000 Korean won ($657) goes towards accommodation and utility expenses.

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EnchantedDreams EnchantedDreams Sun Mar 31 2024
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mia_anderson_painter mia_anderson_painter Sun Mar 31 2024
Globally, Seoul ranks within the top 30% of the most expensive cities, occupying the 2788th position out of 9294 cities surveyed by Livingcost.

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InfinityEcho InfinityEcho Sun Mar 31 2024
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