What is the average cost of housing in Korea?
If you are thinking about moving to Korea, cost of living in probably a key consideration. Expats commented about the cost of housing...
"Of course it is best to give a swishy washy statement. We pay 1400,000kw per month for a nice place about 1500 sq. Ft. But the size is definitely an estimate," said another expat in Ilsan, Korea.
"The cost of housing in Korea varies depending on the location and type of housing. Generally, housing in Korea is relatively affordable compared to other countries, with the average cost of rent for a one-bedroom apartment in Seoul ranging from around $500 to $1,500 per month. Outside of Seoul, the cost of rent is usually lower, with one-bedroom apartments typically costing between $300 and $800 per month," wrote a member who made the move to Korea.
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Other Questions:
- What do I need to know before retiring in Korea?
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- What is life like in Korea?
- Is there a lot of crime in Korea?
- Is there a lot of diversity? Are people in Korea accepting of differences?
- What are the schools in Korea like?
- Is the cost of living in Korea high?
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- What are healthcare services like in Korea?
- Is the cost of living in Korea high?
- What type of recreational facilities are in Korea?
- What is the weather like in Korea?
- Are there good restaurants in Korea?
- Where will I buy groceries and do other shopping in Korea?
- What are the visa & residency requirements in Korea?
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- What do I need to know when buying property in Korea?
- Are foreigners allowed to own property in Korea?
- What appliances are typically included in a rental?
What is the average cost of housing in Korea?
If you live in Korea, newcomers to Korea would love to hear your answer to this question.
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.
