Cost of Living in Yongin, Korea
Last updated on Apr 07, 2025
Summary: What is the cost of living in Yongin, Korea? Expats, digital nomads and retirees living in Yongin talk about the general living costs, the cost of housing and health insurance.
Is the cost of living in Yongin high?
We asked people how much they someone comfortably live on in Yongin, they wrote:
"The cost of living in Yongin is considered moderate compared to other major cities in South Korea. Rent for a one-bedroom apartment in the city center can be quite expensive, while those located outside of the city center are relatively cheaper. The cost of utilities such as electricity, heating, cooling, and water is also moderate, and internet connection is usually affordable. Groceries in Yongin are reasonably priced, with local markets and supermarkets offering a variety of goods. Eating out in restaurants can range from inexpensive for local cuisine to quite pricey for high-end dining. Public transportation in Yongin, which includes buses and trains, is relatively affordable. However, owning and maintaining a car can be quite expensive due to high fuel costs and parking fees. Healthcare in Yongin is of high quality and is generally affordable, especially for those covered by the national health insurance. Education, from kindergarten to university, can be quite costly, especially for private and international schools. Overall, the cost of living in Yongin can be manageable but it largely depends on one's lifestyle and spending habits," remarked one in Yongin.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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Will I save money living in Yongin?
"The cost of living in Yongin, South Korea, can be significantly lower than in many parts of the United States. This is particularly true when it comes to housing and healthcare, which are generally more affordable in Yongin. Groceries and dining out can also be less expensive in Yongin, although this can vary depending on your lifestyle and eating habits. However, keep in mind that salaries in South Korea may also be lower than in the U.S., so your overall savings potential will depend on your income as well as your expenses. Additionally, the cost of certain goods, such as imported products and electronics, can be higher in South Korea. Therefore, while you may save money on some aspects of living in Yongin, other costs may be similar or even higher than in the U.S," explained one expat living in Yongin.
What is the average cost of housing in Yongin?
If you are thinking about moving to Yongin, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Yongin can vary greatly depending on the type and size of the property. For instance, the price of an apartment can range from moderately priced to very expensive. As of recent data, a typical three-bedroom apartment in the city center may cost around the mid to high hundreds of thousands in USD. However, the price can be significantly lower if the property is located outside the city center. It's important to note that these prices are subject to change and may vary based on various factors such as the exact location, the age and condition of the property, and the current state of the real estate market," said one expat in Yongin.

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
About the Author
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.