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Expat Exchange - Cost of Living in Sejong City 2024
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Cost of Living in Sejong City

By Betsy Burlingame

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Summary: Understanding the the cost of living in Sejong City helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Category Details
Apartment Rentals
  • 1-bedroom apartment in city center: 500,000 - 700,000 KRW per month
  • 1-bedroom apartment outside city center: 300,000 - 500,000 KRW per month
  • 3-bedroom apartment in city center: 1,000,000 - 1,500,000 KRW per month
  • 3-bedroom apartment outside city center: 700,000 - 1,000,000 KRW per month
Apartment Purchases
  • Price per square meter in city center: 6,000,000 - 8,000,000 KRW
  • Price per square meter outside city center: 4,000,000 - 6,000,000 KRW
Transportation
  • One-way local transport ticket: 1,250 KRW
  • Monthly transport pass: 55,000 KRW
  • Taxi starting tariff: 3,000 KRW
  • Taxi 1 km tariff: 900 KRW
  • Gasoline (1 liter): 1,500 KRW
Groceries
  • Milk (1 liter): 2,000 KRW
  • Bread (500g): 2,500 KRW
  • Rice (1 kg): 4,000 KRW
  • Eggs (12): 2,500 KRW
  • Chicken breasts (1 kg): 10,000 KRW
  • Beef round (1 kg): 18,000 KRW
  • Apples (1 kg): 5,000 KRW
  • Tomatoes (1 kg): 4,000 KRW
  • Water (1.5-liter bottle): 1,000 KRW
Restaurants
  • Meal at an inexpensive restaurant: 7,000 KRW
  • Meal for two at a mid-range restaurant: 40,000 KRW
  • Combo meal at a fast-food restaurant: 6,000 KRW
  • Cappuccino: 4,000 KRW
  • Domestic beer (0.5-liter draught): 4,000 KRW
  • Imported beer (0.33-liter bottle): 5,000 KRW
  • Coke/Pepsi (0.33-liter bottle): 1,500 KRW
  • Water (0.33-liter bottle): 1,000 KRW
Utilities
  • Basic utilities (electricity, heating, cooling, water, garbage) for 85m2 apartment: 100,000 - 200,000 KRW per month
  • Internet (60 Mbps or more, unlimited data): 30,000 KRW per month
  • Mobile tariff (1 minute of prepaid mobile local tariff, no discounts or plans): 200 KRW
Private School Tuition
  • Preschool (or Kindergarten) tuition: 500,000 - 1,000,000 KRW per month
  • Elementary school tuition: 10,000,000 - 20,000,000 KRW per year
  • Middle school tuition: 15,000,000 - 25,000,000 KRW per year
  • High school tuition: 20,000,000 - 30,000,000 KRW per year
Please note that the costs provided are approximate and may vary depending on various factors such as location, time of the year, and individual preferences. It is always recommended to research and compare prices before making any decisions.

Monthly Budget for Retirees in Sejong City

"The cost of living in Sejong City is considered to be moderate compared to other major cities in South Korea. Housing is relatively affordable, especially when compared to cities like Seoul or Busan. The cost of renting an apartment in the city center is lower than in other major cities. When it comes to groceries, prices are also considered to be reasonable. Local markets offer fresh produce at affordable prices, and there are also several supermarkets where one can find a variety of goods. Eating out in Sejong City can range from inexpensive to moderately priced, depending on the type of restaurant. Local eateries and street food are quite affordable, while dining in more upscale restaurants will cost more. Public transportation in Sejong City is efficient and reasonably priced. Taxis are also available and are relatively affordable. Overall, while the cost of living in Sejong City is not the cheapest in South Korea, it is also not the most expensive. It offers a good quality of life with a cost of living that is manageable for many," said one expat living in Sejong City.

Can I live in Sejong City on $1,500 a month?

"I've been living in Sejong City for a while now, and I can tell you that it's possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable place to live. I recommend looking for a one-room apartment or officetel in neighborhoods like Jochiwon, Hansol-dong, or Dodam-dong. These areas are more affordable compared to the more expensive neighborhoods like Sejong Lake Park or Government Complex.Next, you'll need to be mindful of your spending on food and entertainment. Eating out can be quite expensive, so I suggest cooking at home as much as possible. There are plenty of local markets and supermarkets where you can buy fresh produce and groceries at reasonable prices. If you do eat out, stick to local Korean restaurants, as they tend to be cheaper than Western-style restaurants.Transportation in Sejong City is relatively cheap, especially if you use public transportation like buses and subways. Taxis can be a bit more expensive, so try to avoid using them unless absolutely necessary. If you have a car, be prepared for the cost of gas and parking, which can add up quickly.As for entertainment, there are plenty of free or low-cost activities to enjoy in Sejong City. You can visit parks, go hiking, or attend cultural events and festivals. However, you might have to cut back on more expensive activities like going to the movies, concerts, or traveling outside of the city.In terms of utilities and other monthly expenses, you'll need to be mindful of your usage to keep costs down. For example, try to conserve electricity by turning off lights and appliances when not in use, and be conscious of your water usage.Overall, living on $1,500 a month in Sejong City is doable, but you'll need to be disciplined with your spending and make some sacrifices. By choosing an affordable neighborhood, cooking at home, using public transportation, and enjoying low-cost entertainment options, you can make it work," commented an expat living in Sejong City.

Can I live in Sejong City on $3,500 a month?

"I've been living in Sejong City for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make some sacrifices in terms of housing and entertainment expenses.First, let's talk about housing. If you want to live in a more affordable neighborhood, I'd recommend looking into apartments in the Jochiwon or Dodam areas. These neighborhoods are a bit older and less developed, but you can find decent one or two-bedroom apartments for around $500 to $700 a month. On the other hand, if you're looking for something more upscale, you might want to consider the newer areas like Sejong Lake Park or Hansol-dong. These neighborhoods have more modern amenities and newer buildings, but the rent can be quite high, ranging from $1,000 to $1,500 a month for a one or two-bedroom apartment.As for transportation, the city has a pretty good public transportation system, so you can save money by using buses and the subway instead of owning a car. A monthly transportation pass costs around $50, which is quite affordable.When it comes to food, eating out can be quite cheap if you stick to local Korean restaurants. You can easily find meals for under $10, and even cheaper if you go for street food or kimbap places. However, if you prefer Western food or dining at fancier restaurants, the costs can add up quickly. Groceries can also be a bit expensive, especially for imported products, so you might have to adjust your diet and cook more at home to save money.Entertainment and leisure activities can also be quite affordable if you're willing to explore local options. There are plenty of parks, hiking trails, and cultural sites to visit for free or at a low cost. However, if you're into nightlife and going out to bars or clubs, that can get expensive, especially in the more upscale areas.In conclusion, living comfortably on $3,000 a month in Sejong City is definitely doable, but you'll have to be mindful of your spending and make some sacrifices in terms of housing and entertainment. By choosing a more affordable neighborhood and being open to local food and activities, you can make it work and enjoy your time in this beautiful city," said one expat living in Sejong City.

Can I live in Sejong City on $5,000 a month?

"I've been living in Sejong City for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. In fact, Sejong City is a relatively new city, so most of the infrastructure and amenities are quite modern. However, there might be a few sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to choose an affordable neighborhood to live in. Some of the more affordable areas in Sejong City include Jochiwon, Hansol-dong, and Dodam-dong. These neighborhoods have a good mix of apartment complexes and smaller villas, so you should be able to find something that suits your needs. On the other hand, you might want to avoid more expensive neighborhoods like Sejong Lake Park or the Government Complex area, as the rent prices there can be quite high.When it comes to transportation, the city has a decent public transportation system, including buses and a subway line. Using public transportation instead of owning a car can save you a significant amount of money each month. Plus, the city is quite walkable and bike-friendly, so you can also consider these options for getting around.Eating out can be quite affordable in Sejong City, especially if you stick to local Korean restaurants. However, if you're craving Western food or more upscale dining options, the prices can add up quickly. To save money, try cooking at home more often and exploring local markets for fresh produce and ingredients.As for entertainment and leisure activities, there are plenty of affordable options in Sejong City. You can visit local parks, museums, and cultural centers, which often have free or low-cost admission. However, if you're into more expensive hobbies like golf or skiing, you might need to cut back on those activities to stay within your budget.In conclusion, living comfortably on $5,000 a month in Sejong City is definitely achievable, as long as you're mindful of your spending and make a few sacrifices. By choosing an affordable neighborhood, using public transportation, cooking at home, and enjoying low-cost leisure activities, you should be able to enjoy a comfortable lifestyle in this modern city," commented an expat living in Sejong City.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat 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.


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