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Cost of Living in Bundang, Korea

By Betsy Burlingame

Last updated on May 10, 2023

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

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Is the cost of living in Bundang high?

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

"The cost of living in Bundang, is considered to be relatively high compared to other parts of the country. This is largely due to its status as a popular and affluent suburb of Seoul, with high-quality infrastructure and amenities. Housing is the most significant expense, with rental prices for apartments being quite high, especially for larger or more modern units. The cost of food in Bundang is also slightly higher than the national average, but still affordable. Eating out at restaurants can range from reasonably priced local cuisine to more expensive international fare. Transportation costs are relatively low, with an efficient and affordable public transportation system. However, owning a car can be quite expensive due to high fuel costs and parking fees. Healthcare in Bundang is of a high standard, and while it is not cheap, it is still affordable for most residents, especially those with health insurance. Education costs can vary greatly, with public schools being much cheaper than private or international schools. Overall, while Bundang is more expensive than many other parts of Korea, it is still considered affordable compared to many major cities around the world," said one expat in Bundang.

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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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