Is the cost of living in Korea high?
We asked people how much they someone comfortably live on in Korea, they wrote...
"The cost of living in Korea varies depending on the city and lifestyle. Generally, the cost of living in Korea is considered to be relatively affordable compared to other developed countries. Basic necessities such as food, transportation, and housing are generally quite affordable, while luxury items such as designer clothing and electronics can be more expensive. Additionally, the cost of living in Korea is affected by the exchange rate of the Korean won to other currencies," mentioned another expat when asked about moving to Korea.
Other Questions:
- What do I need to know before retiring in Korea?
- How do I meet people in Korea?
- What is life like in Korea?
- Is there a lot of crime in Korea?
- Is there a lot of diversity? Are people in Korea accepting of differences?
- What are the schools in Korea like?
- Is the cost of living in Korea high?
- What advice do you have for expats having a baby in Korea?
- What are healthcare services like in Korea?
- Is the cost of living in Korea high?
- What type of recreational facilities are in Korea?
- What is the weather like in Korea?
- Are there good restaurants in Korea?
- Where will I buy groceries and do other shopping in Korea?
- What are the visa & residency requirements in Korea?
- Are healthcare and health insurance expensive in Korea?
- What do I need to know when buying property in Korea?
- Are foreigners allowed to own property in Korea?
- What appliances are typically included in a rental?
Is the cost of living in Korea high?
If you live in Korea, newcomers to Korea would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.