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FLip Korea

Cost of Living in Korea on average for a student

Updated: Oct 29, 2022

One of South Korea's most well-known cities is Seoul, which is also well-known for its customs, culture, and employment prospects that welcomes foreigners seeking jobs as well as further education students. However, the average cost of living in Seoul is 1950$ for singles, 1850$ for students, and 2550$ for families. But you will see that a lot of students can live out of 900$ per month as well.


Dormitory

About 420~1,550$ per semester

※ Dormitory fee is vary depending on the capacity of room type and inclusive meal plan.


Food

About 300~400$ per month

※ A meal in the school cafeteria typically costs around $3.2~


Rent (outside school)

500$ per month (plus a security deposit of $3,000 ~ $5,000)

Boarding house 300 ~ 500$ per month


Medical insurance 50$ per month ~ National Health Insurance that's mandatory


Transportation

Bus: 1.0~ 1.2$

Subway: 1.1~2.5$

lnternet and phone number

20$ per month

Also, it can be added electricity and gas, home internet (if you live outside of school)

20-70$

※During different seasons this can vary

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