In this post, I am sharing with you the maximum I have spent (as a student) in a month in Seoul. (I left Seoul on the last day of August, after a 6-month stay). The living costs will vary depending on your lifestyle and choice of accommodation. But I think it is necessary to have a budget of at least USD$1000 per month to stay in Seoul, excluding the tuition fees. The more you socialize, the more you'll be spending.
Breakdown of
monthly living costs for a single student
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Amount (KRW)
|
Amount (USD)
|
Remarks
|
|
Accommodation
|
470,000
|
443
|
Goshiwon
|
Food
& Grocery
|
420,000
|
396
|
Food
and grocery purchases
|
Transportation
|
35,000
|
33
|
Including weekend traveling
|
Mobile
& 3G
|
22,000
|
21
|
Prepaid
mobile and 3G
|
Books
|
60,000
|
57
|
Start
of semester only
|
Misc.
|
28,000
|
26
|
Daily necessity purchases, entertainment
|
Shopping
|
31,500
|
30
|
|
TOTAL
|
1,066,500
|
1005
|
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Psst! Set aside a separate fund for travel during semester break.
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I'm not especially frugal but I'm not a big spender either. I don't drink, smoke or club. And I cook my own meal 30% of the time. I have friends who stick to their daily budget, and spend lesser than I do.
Tuition fee
Most (if not all) major universities here offer Korean language programs to international students who are keen to learn. There are different kinds of program to meet the needs of different individuals:
AccommodationTuition fee
Most (if not all) major universities here offer Korean language programs to international students who are keen to learn. There are different kinds of program to meet the needs of different individuals:
- Regular 200-hour program (day class)
- Regular 150-hour program (day class)
- Evening program
- Immersion program (a short 5-week program)
- Special program (i.e. learning Korean through singing, drama, etc.)
Evening program is off-limits to international students unless you already have a long-term residency visa in Korea, for example, Permanent Residency or Employment or Dependent/Spouse Visa.
Tuition fee per semester (10 weeks) in these universities ranges between ₩1,400,000 to 1,680,000, excluding application fee and textbooks fee.
The most budget-friendly accommodation for students in Seoul/Korea is goshiwon (고시원). Goshiwons are generally located on the 2nd to 5th floor of a low-rise building and the rooms tend to be (very) small, but it is cheaper than other lodging options as utility fee is all-inclusive in the rental. Deposit (generally referred to as key money here) is not required, which makes goshiwon a feasible choice to non-earning students.
Depending on its size, rental ranges between ₩420,000 to ₩600,000. My mid-sized room (with a small window panel) costs me ₩470,000. In the room, there is an attached bathroom, a smaller-than-single bed, mini fridge, mini wardrobe, drawers, study table and chair, and a TV. Wired internet connection is available in all rooms.
Food
I usually have kimbap (₩1,500-₩2,000) or buns (₩800-₩2,000) and coffee (₩1,000-₩3,500) for breakfast. Once a while, I'll get hot toast (₩2,000) from a sandwich kiosk on the way to class. Breakfast typically cost ₩2,000 to ₩5,000 each day.
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| Coffee from the university's cafe. A cheaper alternative. |
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| Kimbap |
I spend more on lunch. A bowl of noodle or a plate of rice cost ₩5,000 (on average) without drinks. After lunch, there'll be coffee (and sometimes, dessert) with my lunch mates. All-in, this would set me around ₩12,000 to ₩16,000. Once in a while, we indulge in buffet lunch.
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| Kimchi Fried Rice, with banchan (side dishes) |
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| Meat Buffet |
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| Post-lunch coffee and dessert |
As for dinner, I cook and eat-in 30% of the time, although cooking your own meal isn't always cheaper.
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| Homecooked Carbonara Spaghetti |
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| Homecooked Stir Fried Dangmyeon |
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| Homecooked Porridge |
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| Homecooked Japanese Cream Stew |
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| Homecooked steamboat, shared between friends |
Grocery
Like I mentioned earlier, eating-in doesn't necessarily equate cheaper. Vegetable and fruits and kitchen essentials like onion, garlic and ginger is undeniably expensive in Korea. However, there are mini marts like Lotte999 which sells most items (F&B, household necessity, etc.) at a flat rate of ₩990 (USD$1).
For example, I can get a box of egg (5 eggs) at ₩990. Or one pack of bokchoy or lettuce which is good for one or sometimes, two meal(s). Or a small pack of bacon. Or enoki mushroom, which comes in a pack of 3. The same goes for milk, coffee and many other canned/tetrapack beverages. Or a box of tissue, which retails at ₩6000 for a pack of 3 elsewhere.
For meat, I get them from hypermarts like Grand Mart (although you can get them at Lotte999 too) for a fresh guarantee. Sometimes, you can get even better deals at bigger hypermarts like HomePlus.
Transportation
I travel on foot to school, and commute mostly by subway and bus when I need to travel. The single-journey fare for both starts at ₩1,050 on T-Money basis.
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| The subway is rarely this empty |
Mobile and 3G
The prepaid plan I signed up with OLLEH cost me ₩10,000, and can be used for up to 30 days. I am also subscribed to their 3G add-on service for ₩11,000 (500MB), which don't last long for me as I can't really keep my hands off the phone.
If you're a power user, just take the 2G data plan (₩22,000) which is more worthwhile.
Books
I spend about ₩60,000 for the textbooks that are needed in class each semester, but towards the end of the semester, I sell them off at 40% to save some money.
Travel
During the semester breaks, students are usually (and mostly) be outward-bound. So set aside some cash for traveling.
Well, I hope this post helps for those who are moving to the 14th most expensive city in the world.
There are still some hidden cost, for e.g, application fee for Student Visa and for Alien Registration Card (if you're staying above 90 days), relocation expenses, etc. But the figure is not significant.
Feel free to ask me if you have any question(s) by leaving them in the comment box below. I will share the answers if I can.
