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City in Jeju, South Korea

Cost of living in Seogwipo

Updated October 2026Sources

How much a month costs in Seogwipo

For one person, including rent. A comfortable month costs about $1,560–2,370 (₩2.1M–3.2M).

Lean$816–1,190₩1.1M–1.6M · Room or studio, local food
Comfortable$1,560–2,370₩2.1M–3.2M · 1-bed apartment, eating out daily
Luxury$3,560–6,310₩4.8M–8.5M · Upscale apartment, restaurants, taxis

Prices in Seogwipo

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

ItemKRWUS$
Housing
1-bedroom apartment, center (month)₩500,000–900,000$371–668
1-bedroom apartment, outside center (month)₩350,000–650,000$260–482
Hostel dorm bed (night)₩20,000–35,000$15–26
Mid-range hotel room (night)₩90,000–220,000$67–163
Food and drink
Local meal or street food₩8,000–12,000$5.9–8.9
Mid-range restaurant, per person₩15,000–35,000$11–26
Cappuccino₩5,000–7,000$3.7–5.2
Local beer, 0.5 l in a bar₩5,000–8,000$3.7–5.9
Getting around
Public transport, one ride₩1,500–3,000$1.1–2.2
Ride-hailing or taxi, about 5 km₩6,000–10,000$4.5–7.4
Work and life
Gym membership (month)₩35,000–80,000$26–59
Mobile data, 20–50 GB (month)₩30,000–55,000$22–41

Value for money: 56/100

A value score of 56/100 means Seogwipo gives more quality of life per dollar than 55% of the 1,319 places we cover. Quality here scores 74/100. It's the 7th most affordable of 11 places we cover in South Korea.

Quality factorScore
Safety100
Air quality69
Internet82
Healthcare90
Weather8
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 Seogwipo

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 Seogwipo?

About $816–1,190 on a lean budget, $1,560–2,370 for a comfortable month and $3,560–6,310 for a luxury one, rent included.

How much is rent in Seogwipo?

A furnished 1-bedroom apartment costs ₩500,000–900,000 ($371–668) a month in the center and ₩350,000–650,000 ($260–482) outside it.

How much does food cost in Seogwipo?

A local meal is ₩8,000–12,000 ($5.9–8.9); a mid-range restaurant is ₩15,000–35,000 ($11–26) 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.