Living Expenses In Korea

Growing up with my parents and never being able to move out was a good thing after all. I was so eager to want to live alone. I did not really think about the daily and monthly expenses, also known as bills. Fast forward to May 2014, was my first time leaving home and living abroad I can now say I know what it feels like to be an adult and boy let me tell you lol, it is not all that is cracked up to be. I must say though living expenses in Korea is way CHEAPER than in Canada. Below will be a rough estimate of what daily and monthly expenses look like in Korea. Another thing to keep in mind is I live in a rural town called Jangsu-gun in the province of Jeollabuk-do. It is 1 hour 20 or 30 minutes away from Jeonju and roughly 4 hours away from Seoul. 
Warning: This is MY experience with expenses in Korea and input from those around me about their expenses as well. This is just a guide of what to expect when is time for you to make that big move to Korea. Without any further ado below is my chart with daily and monthly expenses in Korea. 
LIVING EXPENSES IN Korea
Expenses
Cost (rough estimate)
Water
$3,000-$10,000 won
Electricity
$9,000-$30,000 won
Maintenance fee to Landlord
$20,000 won(was $30,000 won last year)
Internet and TV (also to my Landlord)
$20,000 won
Cellphone (SKT TELECOM)
$73,000 won(without going over my monthly plan)
Groceries
$30,000-60,000 won (Keep in mind I live alone, so groceries will be cheaper)
Oil(refill every 2 to 4 months depending on your usage)
October 14th,2015 refill($110,800 won for a full refill)
$100,000-$170,000 won
-Always check for oil prices and buy when it is down
Transportation
$56,200-$70,000 won
Housing(rent)
Covered through contract
Travel Expenses
Look below

Transportation 

Transportation is tricky because it depends on how often I go to leave my town, because some weekends I stay in my town to save money or when I am not up for a 4 hour bus ride to Seoul. A local bus is orange; it is cheaper and roughly from $1,000-$2,200 won.


-This is the bus I take to my Wednesday ($1,000 won) and Friday ($2,200 won) school
Taxis are very cheap in Korea, but nothing beats the amazing subway system in Seoul. If you have a T-money card it is so much easier to just refill and go to various cities within Seoul.

Passengers with a T-Money card can pay their fare within 0.5 seconds.

This is what a T-money card looks like and you can refill it at the subway station or at a convenient store 

-The T-money card can also get you on the bus 
-This way you avoid traffic and you save at the same time.
-DOWNLOAD THE SEOUL SUBWAY APPLICATION BEFORE GETTING TO KOREA OR UPON YOUR ARRIVAL HERE. It is light blue with a subway picture
-For ANY information on Korea travel please always dial 1330. This number is so useful to have during your time in Korea.

KTX(express trains)

KTX is amazing and gets you places quicker, but very expensive and fills up very quickly, so it is better to buy tickets in advance and below is a link where you can book before your trip. 

http://www.letskorail.com/ebizbf/EbizBfTicketSearch.do

Travel Expenses 

living so far away from Seoul and practically every major city in Korea, I always find myself having to book hostels or hotels(if their are deals or I get lucky and find a deal) to stay at for my weekend get aways. I use booking.com and a lot of my friends use agoda and airnb. I love booking.com and just this past weekend actually I found an amazing deal at Best Western Hotel Premier Kukdo for only $186,840 for 3 nights. This hotel was close to the Seoul tower(AKA Namsan Tower) and to Myeong-dong(one of the primary shopping districts in Seoul).

I usually stay at Itaewon Inn in Itaewon and it is very affordable and great staff. For a regular weekend for a double room with a private bathroom your looking at $100,000 won and for a single room with a private bathroom your looking at $80,000 won.

Itaewon Inn 
99-16, Itaewon-dong, Yongsan-gu, Yongsan-Gu, 140-201 Seoul, South Korea


To book hostels, hotels and motels in Korea or anywhere else in the world, I would recommend booking.com. I would also recommend Itaewon Inn for those Seoul lovers because it is affordable with great staff and clean rooms.
                               This is a great paper to have in handy for your time here in Korea.

For any information about teaching or living in Korea please e-mail me at semeerah_a@hotmail.com or semeerahabdulqadir@gmail.com

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