Cost of Living in Seoul, South Korea

How expensive is it to live in Seoul?

25% Cheaper

than New York City (Index: 75)

$3,200
Single Person / Month
$7,500
Family of 4 / Month

Cost Index Breakdown

Compared to New York City (100 = NYC baseline)

75
Overall
80
Rent
80
Groceries
60
Restaurants
75
Transport
70
Utilities

Sample Prices in Seoul

ItemPrice (USD)
1BR Apartment (City Center)$1,200/mo
1BR Apartment (Outside Center)$700/mo
Meal at Inexpensive Restaurant$8
Cappuccino$4.5
Monthly Transit Pass$50

Last updated: Jan 2026

Related Tools

USD to KRW
Exchange rate
Time in Seoul
Current local time

AEO Answers

Seoul Cost of Living Answers

Direct answers for monthly budget, cost index, and how Seoul compares with a New York City baseline.

finance

How expensive is Seoul, South Korea?

Seoul has a cost of living index of 75 against a New York City baseline of 100. Based on this model, it is 25% cheaper than New York, with an estimated single-person monthly budget around $3,200.

Verified 2026-01-01Page source
finance

What monthly budget should one person expect in Seoul?

A rough single-person monthly budget for Seoul is about $3,200 in this model. Actual spending can vary significantly based on rent, neighborhood, exchange rates, lifestyle, and household size.

Verified 2026-01-01Page source

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💡 Cost of living data is estimated based on public sources. Actual costs may vary based on lifestyle and exchange rates.

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