Cost of Living in Yongin, Korea
Last updated on May 14, 2023
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," explained one expat living in Yongin.
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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.
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