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Cost of Living in Geoje, Korea

By Betsy Burlingame

Last updated on Jul 10, 2023

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

William Russell
William Russell
William Russell
William Russell

Is the cost of living in Geoje high?

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

"The cost of living in Geoje is considered moderate compared to other cities in South Korea. Rent for a one-bedroom apartment in the city center can be quite affordable, while outside the city center, it can be even cheaper. The cost of utilities such as electricity, heating, cooling, and water is also relatively low. Groceries in Geoje are reasonably priced, with local markets offering fresh produce at lower costs. Eating out at an inexpensive restaurant is also quite affordable, while a three-course meal for two people at a mid-range restaurant can be a bit more expensive. Public transportation in Geoje is also quite affordable, with a monthly pass costing less than what you would pay in larger cities. However, owning a car can be quite expensive due to high costs of gasoline and maintenance. Healthcare in Geoje is of high quality and is relatively affordable, especially when compared to countries like the United States. However, it's important to note that prices can vary depending on whether you're using public or private healthcare services. Overall, while the cost of living in Geoje is lower than in cities like Seoul or Busan, it's still higher than in many rural areas of South Korea. It's also worth noting that your cost of living can vary greatly depending on your lifestyle and spending habits," remarked one in Geoje.

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Will I save money living in Geoje?

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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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