Is the cost of living in Korea high?

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We asked people how much they someone comfortably live on in Korea, they wrote...

"The cost of living in Korea varies depending on the city and lifestyle. Generally, the cost of living in Korea is considered to be relatively affordable compared to other developed countries. Basic necessities such as food, transportation, and housing are generally quite affordable, while luxury items such as designer clothing and electronics can be more expensive. Additionally, the cost of living in Korea is affected by the exchange rate of the Korean won to other currencies," explained one expat living in Korea.

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BlueCross BlueShield Global Solutions (BCBS) offers global health plans for international assignments or trips lasting 6 months or longer. With access to over 1.7M medical providers in 190 countries around the world, BCBS provides members with solutions and industry-leading digital services - ensuring top-quality coverage to people who live, work, study and travel internationally.
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Other Questions:

Is the cost of living in Korea high?

If you live in Korea, newcomers to Korea would love to hear your answer to this question.

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About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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