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City in Gangwon, South Korea

Cost of living in Gangneung

Updated October 2026Sources

How much a month costs in Gangneung

For one person, including rent. A comfortable month costs about $1,410–2,080 (₩1.9M–2.8M).

Lean$742–1,040₩1M–1.4M · Room or studio, local food
Comfortable$1,410–2,080₩1.9M–2.8M · 1-bed apartment, eating out daily
Luxury$2,970–4,820₩4M–6.5M · Upscale apartment, restaurants, taxis

Prices in Gangneung

Typical 2026 ranges in KRW, rounded. US$ at the 03 Oct 2026 exchange rate.

ItemKRWUS$
Housing
1-bedroom apartment, center (month)₩450,000–800,000$334–594
1-bedroom apartment, outside center (month)₩330,000–600,000$245–445
Hostel dorm bed (night)₩20,000–38,000$15–28
Mid-range hotel room (night)₩80,000–190,000$59–141
Food and drink
Local meal or street food₩8,000–12,000$5.9–8.9
Mid-range restaurant, per person₩14,000–32,000$10–24
Cappuccino₩4,500–7,000$3.3–5.2
Local beer, 0.5 l in a bar₩4,500–7,500$3.3–5.6
Getting around
Public transport, one ride₩1,500–2,200$1.1–1.6
Ride-hailing or taxi, about 5 km₩5,500–9,000$4.1–6.7
Work and life
Gym membership (month)₩35,000–75,000$26–56
Mobile data, 20–50 GB (month)₩30,000–55,000$22–41

Value for money: 65/100

A value score of 65/100 means Gangneung gives more quality of life per dollar than 64% of the 1,319 places we cover. Quality here scores 75/100. It's the 5th most affordable of 11 places we cover in South Korea.

Quality factorScore
Safety100
Air quality62
Internet82
Healthcare90
Weather25
Friendly locals75
English25

Cost of living across South Korea

One person, comfortable lifestyle, including rent.

PlaceComfortable monthValue
Gyeongju$1,340–1,93071/100
Jeonju$1,340–1,93070/100
Yeosu$1,340–1,93069/100
Sokcho$1,410–2,08066/100
Gangneung$1,410–2,08065/100
Daegu$1,410–2,08065/100
Seogwipo$1,560–2,37056/100
Incheon$1,630–2,45055/100
Jeju$1,630–2,52051/100
Busan$1,710–2,60046/100
Seoul$2,080–3,12034/100

Cheaper alternatives to Gangneung

Similar safety, lower cost, in East Asia.

PlaceCountryComfortable month
TakayamaJapan$1,080–1,710
KawaguchikoJapan$1,010–1,650
NikkoJapan$1,080–1,710
HualienTaiwan$1,130–1,730
HakoneJapan$1,140–1,770

Quick answers

How much money do you need per month in Gangneung?

About $742–1,040 on a lean budget, $1,410–2,080 for a comfortable month and $2,970–4,820 for a luxury one, rent included.

How much is rent in Gangneung?

A furnished 1-bedroom apartment costs ₩450,000–800,000 ($334–594) a month in the center and ₩330,000–600,000 ($245–445) outside it.

How much does food cost in Gangneung?

A local meal is ₩8,000–12,000 ($5.9–8.9); a mid-range restaurant is ₩14,000–32,000 ($10–24) per person.

Is South Korea expensive?

Prices in South Korea are about 57% of US price levels (World Bank PPP).

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Sources

Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.