How much does it cost for foreigners to live in Korea in 2025?
The cost of living in Korea can vary significantly depending on your housing type, region, and personal lifestyle. This guide is tailored to help foreign students and long-term residents understand current expenses and practical saving strategies in 2025.
2025 Living Cost Overview
As of 2025, the standard monthly living cost for a 4-person household in Korea is reported to be around KRW 8.84 million, which exceeds the national average income.
However, most households live on a more modest budget. For example, a 3-person household averages around KRW 6.03 million, while single-person households—including many foreign students—typically spend much less.
Foreigners living in dormitories or one-room studios can maintain a reasonable monthly budget of KRW 1 million to 1.5 million.
Major Spending Categories
Housing: University dormitories are generally cheaper than studio apartments and often include utility fees, helping reduce living costs.
Food: Using campus cafeterias, convenience stores, or affordable Korean diners can keep food expenses between KRW 300,000 and 500,000 per month.
Transportation: Korea’s public transport is affordable. With transportation cards or monthly passes, expect to spend around KRW 50,000 to 70,000 monthly.
Mobile Plans: Basic mobile phone plans typically range from KRW 30,000 to 50,000 per month.
Other Living Costs: Entertainment, shopping, and leisure activities vary by person. Students can save significantly by using student discounts and local promotions.
Money-Saving Tips for Foreigners
Buy Secondhand: Use online platforms and local communities to find affordable used furniture and appliances.
Use Promotions and Coupons: Take advantage of discounts at supermarkets, convenience stores, and online shops.
Student Discounts: Always show your student ID at libraries, museums, cinemas, and more for lower prices.
Scholarships and Stipends: Programs like GKS (Global Korea Scholarship) or university/private foundation grants can provide up to KRW 900,000–1 million per month for living expenses.
Important Notes for 2025
Starting in 2025, new government support programs for youth and students will expand. These include:
- Work-study scholarships
- Housing subsidies
- K-Pass and similar programs to reduce transport costs
Living costs in Seoul and major cities are significantly higher than in smaller towns. Adjust your budget accordingly based on your region.
Summary
For foreigners, Korea’s cost of living is manageable with proper planning and smart use of available support systems. By choosing affordable housing, budgeting food and transport wisely, and applying for scholarships or discounts, you can enjoy a comfortable and economical stay in Korea.