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...

"The housing cost is outrageous. My home is almost US 10,000 per month. Definitely outrageous," wrote a member who made the move to Seoul, Korea.

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"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," explained one expat living in Korea.

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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 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.