Cost of Living in Seoul, Seoul Capital Area (2026)

COL Index
73
100 = US avg
1BR Rent
$900
per month
Median HHI
per year
State Tax
15%
income tax

Full cost breakdown

CategorySeoul
🏠 HousingQ1 2026
Studio rent/mo$650
1BR rent/mo$900
2BR rent/mo$1,400
Median home price
🛒 Food & GroceriesQ1 2026
Groceries index (100 = US avg)
Budget meal (1 person)$8
Mid-range dinner (2 people)$35
🚌 TransportationQ1 2026
Monthly transit pass/mo
Gas price/gal
Car insurance/moCompare rates →
UtilitiesQ1 2026
Utilities bundle (elec + gas + water)/mo$80
Internet/mo$25
💰 Income & TaxesQ1 2026
Median household income/yr
State income tax rate15.0%
Sales tax (combined)10.0%
📊 OverviewQ1 2026
Overall COL index (100 = US avg)73
Walk score / 10085

Is Seoul affordable on your salary?

How rent burden (1BR) changes across income levels. Under 30% is comfortable; above 40% is tight.

Seoul costs less than the US average. Put the difference to work.

Top high-yield savings accounts are paying 4.5%+ right now.

Compare savings accounts

Too expensive? Find cheaper alternatives.

See cities with a lower cost of living than Seoul.

Cheapest cities near Seoul

Compare Seoul with other cities

Data: Zillow Observed Rent Index, BLS, Numbeo, Tax Foundation, US Census ACS · Q1 2026 · For general guidance only