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Are you dreaming of studying in South Korea? You're not alone. According to the Korean Embassy in India, over 1,500 Indian students chose South Korea in 2024. While tuition fees in Korean universities are comparatively lower than those in Western nations, the cost of living in South Korea becomes a major deciding factor for Indian students planning their journey abroad.
Whether you're aiming for a tech degree at KAIST or a language course in Yonsei, understanding the cost of living in South Korea is the first step toward financial planning.
Average Monthly Cost of Living in South Korea for Indian Students in 2025
Studying in South Korea offers a unique cultural experience and access to world-class education. Living expenses in South Korea for international students can vary based on factors like city, accommodation type, and personal lifestyle.
Here's a detailed breakdown to help you budget effectively.
Note: These figures are averages and can vary based on lifestyle and housing choices.
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Cost of Living in South Korea: Accommodation Costs
One of the most important factors to consider when planning to live in South Korea is the cost of housing. Housing prices can vary greatly depending on the type of accommodation, the city or region you choose to live in, and your lifestyle.
Let’s examine the different housing costs in South Korea and provide an overview of typical accommodation options.
- One-room Apartments: One-room apartments, commonly referred to as “one-room officetels” or “studio apartments,” are ideal for single people.
- Goshiwons (Dormitories): Goshiwons are small, affordable dormitory-style rooms, often with shared bathrooms and kitchens. They are mainly used by students and individuals looking for low-cost housing.
- Apartments (General): Traditional apartments are a popular choice for those looking for more privacy and space. They typically have multiple rooms, a separate living area, and a kitchen.
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Cost of Living in South Korea: Transportation Costs
The cost of transportation in South Korea can vary depending on your mode of transport, the distance travelled, and whether you use public transit or private transportation.
Below, we’ll examine the different transportation options available in South Korea and provide an overview of the costs associated with each.
1. Subway & Bus (Within Major Cities)
Public transportation in South Korea is highly efficient, with a vast network of buses and subways, especially in Seoul, Busan, and other major cities. The subway fare in Seoul starts at ₩1,250 for a single journey, with prices increasing based on the distance.
2. T-money Card
South Korea has a convenient payment system called the T-money card, which can be used on buses, subways, and even taxis.
3. Intercity Travel (Trains & Buses)
Travelling between cities, such as from Seoul to Busan or Daegu, can be done by train or intercity buses. The cost varies based on your mode of transport.
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Cost of Living in South Korea: Dining & Entertainment Costs
South Korea is renowned for its vibrant food culture, with a wide array of dining options ranging from street food to high-end restaurants.
Below, we’ll break down the typical costs associated with dining out and entertainment in South Korea.
- Budget Meal: Street food or fast food options can be cheaper.
- Fine Dining: High-end steakhouses or Korean BBQ restaurants can be expensive, especially if you're enjoying premium meats or seafood.
- Cinema and Movie Tickets: South Korea boasts a great cinema culture, with modern theatres showcasing a mix of domestic and international films.
Note: These figures are averages and can vary based on lifestyle and housing choices.
Cost of Living in South Korea for Singles, Couples, and Families
The cost of living in South Korea can vary greatly depending on whether you're living alone, relocating as a couple, or settling down with your family. From renting an apartment in the heart of Seoul to managing monthly grocery bills and healthcare needs, your lifestyle choices and the city you choose will heavily influence your expenses.
Below is a table with a detailed overview of the average costs associated with living in South Korea.
Note: These figures are averages and can vary based on lifestyle and housing choices.
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Cost of Living in South Korea Across Major Cities in 2025
When it comes to living in South Korea, location plays a major role in shaping your monthly budget. The cost of living can differ widely from one city to another, especially between capital regions like Seoul and more affordable cities such as Daegu or Daejeon.
Below is a breakdown of average monthly living costs in major South Korean cities, including rent, transportation, groceries, and more.
Cost of Living in Seoul
Seoul is South Korea’s capital and its most vibrant and fast-paced city. It's where business, technology, education, and culture come together, making it a top choice for international students, professionals, and expat families.
Below is a table highlighting the average living costs in Seoul.
Note: These figures are averages and can vary based on lifestyle and housing choices.
Cost of Living in Busan
The cost of living in Busan is generally more affordable, making it an attractive destination for those seeking a balanced lifestyle.
Below is a table highlighting the average living costs in Busan.
Cost of Living in Daegu
Daegu, South Korea's fourth-largest city, offers a relatively lower cost of living, making it an attractive destination for students, professionals, and families seeking affordability without sacrificing modern amenities.
Below is a table highlighting the average living costs in Daegu.
Cost of Living in Daejeon
Daejeon offers residents a high quality of life at a more affordable cost than cities like Seoul or Busan.
Below is a table highlighting the average living costs in Daejeon.
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Key Factors That Influence the Cost of Living in South Korea
Where you live, how you spend, your lifestyle choices, and even the economic climate all shape how much you’ll spend monthly. A student in a shared apartment in Gwangju will have a very different monthly budget from a couple living in central Seoul.
Here are the main factors to help you plan realistically and make smart choices based on your needs and priorities.
1. City or Region
Living in Seoul or Busan is far more expensive than living in smaller cities like Daejeon or Gwangju. Due to demand and limited space, urban centres tend to have higher housing, transportation, and food costs.
2. Accommodation Type
Accommodation is usually the largest monthly expense for anyone living in South Korea. The type of housing you choose, whether it’s a small studio, a shared apartment, or a family-sized home, directly impacts your budget.
3. Diet and Eating Habits
Koreans love dining out, and it’s relatively affordable, but eating out frequently adds up. If you cook at home, you can save significantly. But imported food and snacks can double your grocery bill.
4. Transportation Choices
Public transport in South Korea is reliable and cheap. But car owners face higher costs due to fuel, insurance, tolls, and parking. Living near a subway station often means higher rent but lower daily transport spending.
5. Utilities and Internet
Utility bills vary with the seasons. Cold winters spike heating costs, and summer air conditioning also increases electricity usage. Using energy-efficient appliances and smart usage helps reduce costs.
6. Leisure and Lifestyle Choices
Your hobbies and free-time activities also increase your cost of living. Gym memberships, weekend travel, nightlife, and shopping can easily push your budget higher.
Average Salaries by Job Role in South Korea
Your profession plays a major role in determining your earnings in South Korea. While salaries vary across industries, job experiences, and cities of employment, some sectors consistently offer higher pay.
The table below shows typical monthly earnings for common job roles in South Korea.
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How Does South Korea’s Cost of Living Compare to Other Countries?
The cost of living in South Korea is often seen as balanced, more affordable than many Western nations, yet more expensive than several Southeast Asian or developing countries.
To give you a better idea, here’s a comparison of South Korea’s cost of living with some popular destinations.
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Leading Universities in South Korea and Their Average Tuition Costs
For international students planning to study in South Korea, it's essential to consider the tuition fees at these top institutions, as the cost can vary based on the university, degree program, and field of study.
Here’s a look at the top five universities in South Korea and their estimated average tuition fees for graduate and undergraduate courses.
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Smart Ways to Lower Living Expenses in South Korea for International Students
Living in South Korea can be exciting, but it also comes with financial challenges, especially in major cities like Seoul. Fortunately, there are several effective strategies you can use to reduce your living expenses.
Here's a breakdown of smart tips to keep your costs down while living in South Korea.
1. Expand Your Search for Affordable Housing
Instead of focusing solely on city centres, look for accommodation in the suburbs or the outskirts of major cities. Another cost-saving tip is to consider room-sharing arrangements, which can significantly lower your rent.
2. Utilise Public Transportation
Public transport is widely available, efficient, and affordable in South Korea. By using the subway, buses, or trains, you can avoid the high costs of owning a car or relying on taxis.
3. Buy Groceries in Bulk & Take Advantage of Sales
Buying groceries in larger quantities can save you money in the long run. Additionally, many markets hold regular sales and offer discounts, which can help you cut down on your monthly grocery bill.
4. Cook Your Own Meals
Eating out regularly in South Korea can add up quickly, especially in cities like Seoul. Instead, try preparing meals at home.
5. Cut Down on Utility Costs
Be mindful of your energy use to keep your utility bills in check. Simple actions like switching off lights and unplugging electrical devices when not in use can help reduce your electricity bill.
6. Register for Health Insurance
South Korea has a strong public healthcare system. Ensure you are registered with a health insurance provider to cover medical expenses.
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Why Should You Consider Studying in South Korea as an International Student?
Studying abroad is a big decision, and South Korea has become one of the most popular destinations for international students in recent years.
Here’s why studying in South Korea could be an exciting and rewarding opportunity:
1. World-Class Education and Research Opportunities
South Korea is home to some of the top-ranked universities globally, such as Seoul National University, KAIST, and POSTECH. These institutions are known for their innovative research programs and strong focus on STEM subjects, making them ideal for students pursuing fields like engineering, business, and technology.
2. Cultural Experience and Global Networking
Living in South Korea offers a rich cultural experience, from traditional festivals and historical sites to a modern, fast-paced lifestyle.
3. Advanced Technology and Innovation
South Korea is known for its technological advancements and innovation, particularly in electronics, robotics, and digital media. This exposure can be a great asset for students aiming to work in tech or innovation-driven industries.
4. Affordable Living Costs
Compared to other popular study destinations like the United States or the United Kingdom, South Korea offers relatively affordable living costs, especially when it comes to accommodation and transportation.
5. Opportunities for Part-Time Work
For international students, South Korea allows part-time work while studying, making it easier to support yourself during your time abroad.
6. Excellent Career Prospects
Graduating from a South Korean university can open doors to exciting job opportunities, both within South Korea and internationally. The country is home to some of the world’s largest companies, including Samsung, Hyundai, and LG, all of which often hire international talent.
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In conclusion, understanding the cost of living in South Korea is crucial for Indian students planning to study there in 2025-2026. While the overall expenses can vary based on factors such as location, lifestyle, and accommodation choice, South Korea offers a range of affordable options, especially for students who plan and budget wisely.
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