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Seoul, South Korea

Cost of living · 2022 · Asia

1-Bed Rent KRW 1,672,000 per month
3-Bed Rent KRW 3,168,000 per month
Groceries KRW 545,600 per month
Transport Pass KRW 58,960 per month
Utilities KRW 162,800 per month
Restaurant Meal KRW 11,000 per person

Rent trend in Seoul (2022–2026)

Cost breakdown in Seoul (2022)

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Estimated monthly budget in Seoul

Based on 2022 data. Includes rent, groceries, transport, utilities and occasional dining out.

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Single person
KRW 2,527,360
🏠 Rent KRW 1,672,000
🛒 Groceries KRW 545,600
🚌 Transport KRW 58,960
💡 Utilities KRW 162,800
🍽️ Dining out KRW 88,000
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Family (3–4 people)
KRW 4,993,560
🏠 Rent 3-bed KRW 3,168,000
🛒 Groceries KRW 1,364,000
🚌 Transport ×2 KRW 117,920
💡 Utilities KRW 211,640
🍽️ Dining out KRW 132,000

Cost comparison — cities in South Korea (2022)

City 1-Bed Rent Groceries Transport Utilities vs Seoul
Seoul KRW 1,672,000 KRW 545,600 KRW 58,960 KRW 162,800
Busan KRW 1,144,000 KRW 492,800 KRW 48,400 KRW 140,800 -31.6%
Daejeon KRW 968,000 KRW 448,800 KRW 48,400 KRW 132,000 -42.1%
Incheon KRW 1,232,000 KRW 484,000 KRW 52,800 KRW 145,200 -26.3%

Frequently asked questions

What is the cost of living in Seoul in 2022?

In 2022, a single person living in Seoul needs approximately KRW 2,527,360/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around KRW 4,993,560/month. Seoul is considered a relatively expensive city by global standards.

How much is rent in Seoul in 2022?

A 1-bedroom apartment in Seoul costs approximately KRW 1,672,000/month in 2022. A 3-bedroom apartment runs around KRW 3,168,000/month.

How much do groceries cost in Seoul?

Monthly grocery costs for one person in Seoul are approximately KRW 545,600 in 2022. This covers basic supermarket shopping including food and household essentials.

What does public transport cost in Seoul?

A monthly public transport pass in Seoul costs KRW 58,960 in 2022, covering unlimited bus, metro and tram travel within the city.

How much are utilities in Seoul?

Monthly utility costs in Seoul average KRW 162,800 in 2022, covering electricity, heating/cooling, water and internet for a standard apartment.

Is Seoul expensive to live in?

Seoul is located in South Korea (Asia). With a 1-bed rent of KRW 1,672,000/month and total single-person expenses around KRW 2,527,360/month, it is relatively expensive by global standards.

How much does eating out cost in Seoul?

A typical restaurant meal for one person in Seoul costs approximately KRW 11,000 in 2022. Budget around KRW 88,000/month if dining out a few times a week.

How have living costs in Seoul changed over time?

LifeIndexed tracks cost of living data for Seoul from 2022 to 2026. 1-bed rent has increased by 19.6% over this period (from KRW 1,672,000 in 2022 to KRW 2,000,054 in 2026). Use the year tabs above to compare costs across years.

What is the monthly budget needed to live comfortably in Seoul?

To live comfortably in Seoul in 2022, a single person needs approximately KRW 2,527,360/month. This covers rent (KRW 1,672,000), groceries (KRW 545,600), transport (KRW 58,960), utilities (KRW 162,800) and dining out occasionally. A family of 3–4 should budget around KRW 4,993,560/month.

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