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Cost of Living in Gimpo, Korea

By Betsy Burlingame

Last updated on May 06, 2023

Summary: What is the cost of living in Gimpo, Korea? Expats, digital nomads and retirees living in Gimpo talk about the general living costs, the cost of housing and health insurance.

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Is the cost of living in Gimpo high?

We asked people how much they someone comfortably live on in Gimpo, they wrote:

"The cost of living in Gimpo is considered moderate compared to other cities in South Korea. Housing is one of the biggest expenses, with rent for a one-bedroom apartment in the city center being relatively high, while outside the city center it is somewhat cheaper. Utilities such as electricity, heating, cooling, and water are also a significant part of the monthly budget. Internet and mobile phone services are quite affordable. The cost of food in Gimpo is reasonable, with a variety of options available from local markets, supermarkets, and restaurants. Eating out at an inexpensive restaurant is fairly affordable, while a three-course meal at a mid-range restaurant can be more expensive. Public transportation in Gimpo is efficient and affordable, with options including buses, taxis, and the subway. Owning a car can be quite expensive, considering the costs of fuel, maintenance, and parking. Healthcare in Gimpo is of high quality and is reasonably priced, with both public and private options available. Education, particularly international schooling, can be quite expensive. Overall, the cost of living in Gimpo is manageable, but it largely depends on an individual's lifestyle and spending habits," said one expat in Gimpo.

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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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Get a quote for international health insurance from our partner, William Russell.
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Get a quote for international health insurance from our partner, William Russell.
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