The Cost of Living in Gyeongju: A Comprehensive Guide

The Cost of Living in Gyeongju: A Comprehensive Guide

Ready to go for a trip to Gyeongju? Let’s discover the cost of living in this city which is rich in history, culture, and natural beauty!

Gyeongju is nestled in the southeastern part of South Korea. With its ancient temples, UNESCO World Heritage Sites, and serene landscapes, it has become a popular destination for tourists and expatriates alike. If you’re considering travelling to Gyeongju, understanding the cost of living is important. In this comprehensive guide, we’ll delve into various aspects of living costs in Gyeongju, providing you with insights to plan your budget effectively.

Accommodation Costs: Finding Your Ideal Home

When it comes to finding accommodation in Gyeongju, you have several options. For renting an apartment (1 bedroom) in City Centre, it costs 1,791,848.37 Korean won per month. If you would like to rent an apartment (1 bedroom) outside of Centre, it would cost 716,739.35 Korean won monthly, which is relatively cheaper.

Rent Per Month
Apartment (1 bedroom) in City Centre1,791,848.37 ₩
Apartment (1 bedroom) Outside of Centre716,739.35 ₩

Transportation Expenses: Getting Around Gyeongju

Navigating Gyeongju is relatively easy, thanks to its efficient transportation system. The costs of public transportation, including buses, taxis, and car rentals are quite affordable. 

Taxi Start (Normal Tariff)3,300.00 ₩
Gasoline (1 litre)1,662.63 ₩

Food and Grocery Budget: Savouring the Local Cuisine

Gyeongju is known for its mouthwatering local cuisine. Whether you enjoy traditional Korean dishes, street food, or international fare, we’ll provide an overview of food expenses in Gyeongju. If you would like to dine out, the average meal prices in an inexpensive restaurant will be around $5.57 (7,500 Korean won) per lunch. 

Entertainment and Recreation: Embracing Gyeongju’s Cultural Delights

Living in Gyeongju means immersing yourself in a rich cultural tapestry. Visiting historical sites, cultural festivals, and museums will be a good experience for you to discover more about this place. Other recreational activities such as hiking, cycling, and exploring the scenic beauty of parks and mountains in and around the city are also cheap. For example, it is free to visit Gyeongju National Museum, one of the most well-known museums in Korea.

Utilities: Taking Care of Essentials

The basic utility costs including electricity, heating, cooling, water, and garbage will be 133,000 Korean won per month in Gyeongju. The monthly internet bills (using 60 Mbps or more, unlimited data, cable/ADSL as a chosen plan) wil cost 24,000 Korean won.

Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment133,000.00 ₩
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)24,000.00 ₩

Please also check out the cost of living about Jeju Island, a glamorous island in South Korea in this article.


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