Expert Info

Posted by s2sesilia
on 22 Jun 2021

Hello all, 

I am moving to Seoul, South Korea later in this year as an expat. 

I am wondering how much of accommodation budget is needed to live in Seoul usually, as a single expat (age 32 with no family accompanying). I am thinking to live in one of serviced residences/apartments in Seoul with convenience. 

Where do most of young expats live in Seoul? If so, what is the range of the budget should I be aware? 

 

Thank you!

 

Carla Verfaille on 23 Jun 2021 - 07:50

Hi S2SESILIA, 

The cost of accommodation in Seoul ranges from moderate to exorbitant, but doing research on online property portals or enlisting the help of a real estate agent that specialises in the expat market would certainly help you in finding the best deal. One bedroom apartments in the city centre can cost anything from KRW 600,000 to 1,800,000, while one bedroom apartments outside of the centre will cost between KRW 400,000 and 1,200,000.

When searching for accommodation you should take into consideration where you work, how well serviced an area is by public transport, the amenities nearby, as well as the lifestyle you would like to live. Give Accommodation in Seoul a read for some city specific information, and Accommodation in South Korea for a more extensive report of accommodation options and renting practises in the country. 

In terms of neighbourhoods, check out our Areas and Suburbs in Seoul page. It gives information about some of the most popular expat areas in Seoul. 

I hope this helps. Good luck in your search. 

Regards,
Carla 

MatthewWell on 27 Jul 2021 - 17:31

I used the services of your company and was completely satisfied, so thank you very much

Expat Health Insurance

Cigna Health Insurance

Cigna Global

With 86 million customer relationships in over 200 countries, Cigna Global has unrivalled experience in dealing with varied and unique medical situations and delivering high standards of service wherever you live in the world.

Get a quote from Cigna Global

“Aetna

Aetna

Aetna International, offering comprehensive global medical coverage, has a network of 1.3 million medical providers worldwide. You will have the flexibility to choose from six areas of coverage, including worldwide, multiple levels of benefits to choose from, plus various optional benefits to meet your needs.

Get your free no-obligation quotes now!

Moving Companies

Sirelo logo

Moving Internationally?

Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.

Get your free no-obligation quotes now!