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HOME News & ForumLiving at SNULife in Seoul |
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When you live in Seoul, it is important to get a decent blueprint of your monthly budget. According to the cost of living study by consultant William M. Mercer released in July 2001,
the cost of living in Seoul ranked among the top 10 highest in the world. The survey covered 144 cities in the world and measured the comparative costs of over 200 items in each location. These include the cost of housing, food, clothing, and household goods, together with transportation and entertainment. |
* Below is an example of an ordinary graduate student’s monthly expenditure.
According to this table, the student’s average total monthly expenditure is about 800,000 Won |
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| Food & Services |
|
Price (Unit: Korean Won) |
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| Small Studio Rent (with 3~5,000,000 won) |
|
300,000 |
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| Residential Management Fee(includes water) |
|
50,000 |
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| Utilities (gas and electricity) |
|
30,000 |
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| Health Insurance |
|
17,000 |
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| Newspaper |
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12,000 |
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| Internet Connection |
|
30,000 |
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| Transportation |
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40,000 |
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| Food (dining mainly on-campus) |
|
300,000 |
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 Average cost for groceries and basic necessities
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| Groceries & Basic Necessities |
|
Price (Unit: Korean Won) |
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| Polished rice (20kg) |
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48,250 |
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| White cabbage (2kg) |
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2,273 |
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| Lettuce (400g) |
|
2,238 |
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| Apples (300g) |
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1,600 |
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| Pears (600g) |
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2,688 |
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| Beef (100g) |
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3,929 |
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| Pork (100g) |
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1,091 |
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| Mackerel (30cm) |
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3,000 |
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| Eggs (regular, 10) |
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1,306 |
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| Ramyeon (Instant noodles) |
|
460 |
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| Milk (1000ml) |
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1,303 |
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| Mineral Water (500ml) |
|
398 |
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| Beer (500ml) |
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1,300 |
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| Sugar (3kg) |
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2,951 |
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| Flour (3kg) |
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2,513 |
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| Cooking Oil (1500ml) |
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2,879 |
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| Toothpaste (190g) |
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1,863 |
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| Tissue (3 Boxes, 260-300 tissues per box) |
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4,509 |
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| Diapers (76 pieces) |
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24,642 |
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Service fees |
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| Dishes & Services |
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Price (Unit: Korean Won) |
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| Doenjang Jjigae (Bean Paste Stew) |
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4,625 |
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| Samgyeopsal (Three-ply Pork) |
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6,813 |
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| Galbitang (Beef-rib soup) |
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5,375 |
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| Jjajangmyeon (Chinese noodles with black sauce) |
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3,000 |
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| Gimbap (Rice rolled with seaweed) |
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1,971 |
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| Public Bath |
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4,000 |
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| Hair Cut |
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7,500 |
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| Laundry |
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6,375 |
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| Movie Theater Admission |
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7,000 |
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| City Bus Fare |
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900 |
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