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Nexsus Educational Consultancy and Immigration Services
South Korea

Cost of Living

Detailed breakdown of monthly expenses for international students for international students in South Korea

Cost of Living in South Korea

Understanding your monthly expenses is crucial for budgeting your study abroad experience. Below is a detailed breakdown of typical costs for international students in South Korea, shown in KRW.

Costs can vary significantly depending on your city, lifestyle, and accommodation type. Use these estimates as a starting point and adjust based on your personal preferences.

Estimated Monthly Total

KRW 650000 – 1550000

per month (approximate)

AccommodationKRW 300000 – 800000
Food & DiningKRW 200000 – 400000
TransportKRW 50000 – 100000
MiscellaneousKRW 100000 – 250000

KRW 1100000

Monthly Average

4

Expense Categories

KRW 7800000+

Annual Estimate

30–50%

Part-time Offset

Monthly Cost Breakdown (KRW)

4 categories
#CategoryMin (KRW)Max (KRW)Budget Share
1
AccommodationKRW 300000KRW 800000
75%
2
Food & DiningKRW 200000KRW 400000
60%
3
TransportKRW 50000KRW 100000
40%
4
MiscellaneousKRW 100000KRW 250000
50%
Estimated TotalKRW 650000KRW 1550000per month

Accommodation Options

University Halls

Mid-range

On-campus residences with meals, social events, and proximity to classes. Great for first-year students.

Shared Rental

Budget-friendly

Sharing an apartment with other students can cut rent significantly. Popular in most major cities.

Private Studio

Premium

Independent living with full privacy. Higher cost but maximum comfort and flexibility.

Money-Saving Tips

Share accommodation with other students to significantly reduce rent

Use student discounts for transport, food, and entertainment

Cook at home and buy groceries in bulk for weekly savings

Take advantage of part-time work opportunities during your studies

Use free university resources like libraries, gyms, and career services

Plan your budget monthly and track expenses with free budgeting apps

Buy second-hand textbooks or use digital library resources

Apply for student concession cards for public transport savings

South Korea
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Need Help with Your Application?

Our expert counselors are ready to guide you through every step of your journey to South Korea.