South Korea is often better value than travellers expect, especially for food and public transport, while accommodation in central Seoul is where costs climb. The figures below are rough ranges in Korean won (₩) to help you plan; prices change over time, so treat them as a guide rather than a quote.
Daily budgets at a glance
- Budget: roughly ₩70,000–110,000 a day for a hostel bed, convenience-store breakfasts, market and canteen meals, and public transport.
- Mid-range: around ₩180,000–300,000 a day for a private room in a comfortable hotel, sit-down meals including barbecue, a few taxis and paid attractions.
- Luxury: from roughly ₩500,000 a day for upscale hotels, fine dining, private guides and taxis everywhere.
Seoul and Jeju sit at the higher end, while smaller cities such as Jeonju, Gyeongju and Daegu cost noticeably less.
Accommodation
- Hostel dorm beds: around ₩25,000–45,000 a night.
- Guesthouses, hanok stays and simple hotels: roughly ₩60,000–120,000 for a double room.
- Mid-range hotels: around ₩130,000–250,000.
- Upscale hotels: from about ₩300,000, more in Gangnam or at busy times.
Rates climb during cherry blossom season, autumn foliage weekends, the summer holidays and around Chuseok and Seollal. Outside Seoul, business-style motels are a common good-value option.
Food and drink
- Gimbap or a convenience-store meal: around ₩3,000–9,000.
- Stew, noodles or bibimbap at a casual restaurant: roughly ₩9,000–14,000.
- Korean barbecue: around ₩15,000–22,000 per portion of meat, and most places expect at least two portions.
- Fried chicken to share: roughly ₩20,000–30,000 for a whole bird.
- Coffee at a café: around ₩4,000–6,500.
- Soju in a restaurant: around ₩5,000–7,000 a bottle, and far less at a convenience store.
Free side dishes with refills and complimentary water or barley tea make sit-down meals good value.
Transport costs
- Seoul subway or bus: roughly ₩1,500–1,700 a ride with a T-money card, slightly more with a single-journey ticket.
- Taxis in Seoul: a base fare of around ₩5,000, with a late-night surcharge.
- AREX from Incheon to Seoul: around ₩4,000–5,000 on the all-stop train and roughly ₩10,000–12,000 on the express.
- KTX from Seoul to Busan: roughly ₩50,000–60,000 one way in standard class.
Domestic flights to Jeju can be good value if booked early, but fares jump on weekends and in holiday periods.
Attractions and extras
Many sights are inexpensive: palace entry is a few thousand won, the permanent galleries of the National Museum of Korea are free, and hiking in the national parks generally costs nothing. The bigger spends are DMZ tours, theme parks, cooking classes and nights out. A jjimjilbang (bathhouse) costs roughly ₩12,000–25,000 and makes a relaxing, very Korean evening.
Ways to save
- Eat lunch specials, which are often less expensive than the same dish at dinner.
- Use convenience stores for breakfast, snacks and drinks.
- If you're taking several long train journeys, price a Korail Pass against single tickets.
- Look for "Tax Free" signs in shops; foreign visitors can often reclaim tax on purchases above a minimum spend.
- Stay a few subway stops from the busiest districts, and travel midweek outside the main holiday weeks.
Stay connected in South Korea
Comparing menus before you sit down, finding a lunch special nearby and converting won into your home currency all happen on your phone, and free Wi-Fi doesn't reach everywhere. A HelloSIM eSIM gives you prepaid data, so with roaming switched off on your home line there's no surprise bill when you get back. It's data-only, installs before your trip, connects when you land, and can be topped up on the same eSIM if you use more than planned.
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