Last update: Nov 2026

Cost of Living Comparison Between Seogwipo and Seoul

For one person, living is cheaper in Seogwipo: $1,435 a month against $1,829 in Seoul, rent and utilities included – about $4,700 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Seogwipo
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Seogwipo Living Index
87

Cost of Living Index in Seoul
Learn more

Seoul Living Index

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Seogwipo

🇰🇷 South Korea

$1,435

/mo nomad

Seoul

🇰🇷 South Korea

$1,829

/mo nomad

Monthly Cost of Living

How much you'll spend in Seogwipo and in Seoul

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Seogwipo and in Seoul actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,435 in Seogwipo versus $1,829 in Seoul.

Seogwipo $1,435
Seoul $1,829

Estimated couple costs with rent: $2,282 in Seogwipo versus $2,973 in Seoul.

Seogwipo $2,282
Seoul $2,973

Monthly costs for a family of three with rent: $3,129 in Seogwipo versus $4,116 in Seoul.

Seogwipo $3,129
Seoul $4,116

Living in Seogwipo costs roughly 22% less than in Seoul, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Seogwipo 6% above, Seoul 35% above.

Meal at Budget Restaurant

$7.30 ₩9,900

$8.87 ₩12.0K

-17.70%

Three-Course Dinner for Two, Mid-Range

$37.72 ₩51.2K

$69.4 ₩94.2K

-45.67%

Fast Food Meal (McDonalds, etc)

$6.69 ₩9,078

$7.50 ₩10.2K

-10.80%

Cappuccino

$3.67 ₩4,980

$4.04 ₩5,485

-9.16%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.54 ₩2,091

$1.56 ₩2,113

-1.28%

Water (0.33 liter bottle)

$0.74 ₩997

$0.73 ₩995

1.37%

Local Beer (0.5 liter draught)

$3.49 ₩4,739

$3.66 ₩4,960

-4.64%

Imported Beer (0.33 liter bottle)

$4.28 ₩5,804

$5.88 ₩7,975

-27.21%

Milk (1 liter)

$2.18 ₩2,953

$2.08 ₩2,824

4.81%

White Bread (500g)

$3.02 ₩4,100

$3.01 ₩4,083

0.33%

Rice (white) (1kg)

$2.67 ₩3,628

$4.18 ₩5,677

-36.12%

Eggs

$2.32 ₩3,153

$3.63 ₩4,930

-36.09%

Local Cheese (1kg)

$10.23 ₩13.9K

$17.87 ₩24.2K

-42.75%

Chicken Fillets (1kg)

$9.65 ₩13.1K

$10.32 ₩14.0K

-6.49%

Beef Round Steak (1kg)

$22.92 ₩31.1K

$26.17 ₩35.5K

-12.42%

Apples (1kg)

$7.58 ₩10.3K

$7.42 ₩10.1K

2.16%

Banana (1kg)

$3.23 ₩4,386

$3.45 ₩4,684

-6.38%

Oranges (1kg)

$5.71 ₩7,754

$5.60 ₩7,594

1.96%

Tomato (1kg)

$5.76 ₩7,810

$6.29 ₩8,532

-8.43%

Potato (1kg)

$3.80 ₩5,157

$3.60 ₩4,888

5.56%

Onion (1kg)

$2.42 ₩3,286

$2.51 ₩3,401

-3.59%

Lettuce (1 head)

$2.96 ₩4,023

$2.77 ₩3,763

6.86%

Water (1.5 liter bottle)

$1.20 ₩1,623

$1.14 ₩1,548

5.26%

Cigarettes 20 Pack (Marlboro, Camel)

$2.93 ₩3,977

$3.42 ₩4,644

-14.33%

Wine (Bottle)

$13.48 ₩18.3K

$18.60 ₩25.2K

-27.53%

Local Beer (0.5 liter bottle)

$2.39 ₩3,239

$2.30 ₩3,128

3.91%

Imported Beer (0.33 liter bottle)

$3.67 ₩4,984

$3.34 ₩4,535

9.88%

One-way Ticket (Public Transport)

$1.24 ₩1,687

$1.12 ₩1,519

10.71%

Public Transport Monthly Pass (Regular Price)

$46.78 ₩63.5K

Taxi Start (Normal Tariff)

$3.95 ₩5,366

$3.60 ₩4,884

9.72%

Taxi (Normal Tariff) (1km)

$0.57 ₩775

$0.60 ₩816

-5.00%

Taxi 1hour Waiting (Normal Tariff)

$8.93 ₩12.1K

$8.87 ₩12.0K

0.68%

Gasoline (1 liter)

$1.37 ₩1,865

$1.49 ₩2,023

-8.05%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.6K ₩40.2M

$29.7K ₩40.3M

-0.30%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$30.2K ₩41.0M

$28.0K ₩38.0M

7.99%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$185 ₩250.9K

$216 ₩292.9K

-14.34%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$38.67 ₩52.5K

$34.52 ₩46.8K

12.02%

Internet (50+ Mbps, Unlimited Data)

$18.90 ₩25.6K

$20.34 ₩27.6K

-7.08%

Gym Membership (Monthly)

$47.13 ₩64.0K

$59.2 ₩80.3K

-20.40%

Tennis Court (1 Hour on Weekend)

$12.06 ₩16.4K

$15.93 ₩21.6K

-24.29%

Cinema Ticket

$11.65 ₩15.8K

$11.01 ₩14.9K

5.81%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$456 ₩618.9K

$1,962 ₩2.7M

-76.76%

International Primary School, 1 Child (Yearly)

$21.5K ₩29.2M

$26.3K ₩35.6M

-18.09%

Jeans (Levis 501 Or Similar)

$53.1 ₩72.0K

$62.3 ₩84.5K

-14.79%

Summer Dress (H&M, Zara, etc)

$65.1 ₩88.3K

$33.82 ₩45.9K

92.43%

Sport Shoes (Adidas, Nike)

$84.8 ₩115.1K

$67.9 ₩92.1K

24.87%

Men's Leather Business Shoes

$91.5 ₩124.2K

$82.9 ₩112.5K

10.41%

1-bedroom Apartment, City Center (Monthly)

$524 ₩711.6K

$918 ₩1.2M

-42.87%

1-bedroom Apartment, Outside City Center (Monthly)

$402 ₩546.1K

$654 ₩887.0K

-38.43%

3-bedroom Apartment, City Center (Monthly)

$1,397 ₩1.9M

$3,093 ₩4.2M

-54.82%

3-bedroom Apartment, Outside City Center (Monthly)

$899 ₩1.2M

$1,457 ₩2.0M

-38.26%

Buy Apartment in City Center (m2)

$7,846 ₩10.6M

$28.4K ₩38.5M

-72.37%

Buy Apartment Outside City Center (m2)

$5,101 ₩6.9M

$11.4K ₩15.4M

-55.17%

Average Monthly Net Salary (After Tax)

$1,134 ₩1.5M

$3,496 ₩4.7M

-67.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

4.08

0.49%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Seogwipo: November 1, 2026

Last update for Seoul: November 1, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Seogwipo

$417 29.1%

Seoul

$474 25.9% 13.5% $56

Accommodation & Living

Seogwipo

$402 28.1%

Seoul

$654 35.7% 62.4% $251

Monthly Utilities & Internet

Seogwipo

$242 16.9%

Seoul

$271 14.8% 11.6% $28

Eating Out

Seogwipo

$158 11%

Seoul

$181 9.9% 14.9% $24

Clothing & Footwear

Seogwipo

$133 9.2%

Seoul

$111 6.1% 16.1% $21

Sport & Entertainment

Seogwipo

$70 4.9%

Seoul

$81 4.4% 15.4% $11

Getting Around

Seogwipo

$12 * 0.8%

Seoul

$58 3.2% 391% $46

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $524 in Seogwipo and $918 in Seoul. Housing cost is often the main lever when comparing two cities.

Seoul pays about 3.1 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $38 in Seogwipo vs $69 in Seoul for a mid-range dinner for two. Groceries echo the gap at $417 vs $474 per month, with Seogwipo cheaper across the board.

Good to know

🇰🇷 Seogwipo

🇰🇷 Seoul

🕒 Local time

09:15 9:15 AM

Same time as Seogwipo

🌤 Weather

👥 Population

155,641

9,509,458 Capital

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.37 USD

10,000 KRW = 6.56 EUR

10,000 KRW = 7.37 USD

10,000 KRW = 6.56 EUR

Exchange rates and currency converter

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Seogwipo vs Seoul: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,435 in Seogwipo and $1,829 in Seoul, so Seogwipo is about 22% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 68% lower in Seogwipo. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $524 in Seogwipo versus $918 in Seoul. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $456 in Seogwipo versus $1,962 in Seoul. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Seogwipo – a meal for two runs $38 versus $69 in Seoul. If you eat out regularly, this makes a real dent in your monthly spending.

For families, Seogwipo is more practical. Housing and childcare are both notably cheaper than in Seoul, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Seogwipo and Seoul are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Seogwipo wins on affordability, Seoul on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.