1. Housing: Your Biggest Expense
Finding affordable accommodation is crucial for your budget. You have three main options:
University dormitories: Usually the cheapest (200,000 - 400,000 KRW/month)
Goshiwons: Budget-friendly off-campus option (from 250,000 KRW/month) Check out our practical guide to renting a goshiwon here!
Off-campus apartments: More expensive but offer more freedom
Helpful sites for finding apartments in Korea:
2. Food: Eating Well for Less
Korean cuisine is delicious and can be surprisingly affordable. Here's how to eat well on a budget:
University cafeterias: Often the cheapest option (around 4,000 KRW per meal)
Local Korean restaurants: Affordable meals from 7,000 KRW
Street food: Tasty and cheap (1,500 - 3,000 KRW per item)
Cooking at home: Can be pricey due to high grocery costs, so calculate carefully
3. Transportation: Getting Around Efficiently
Korea's public transportation system is excellent and affordable. Here's what you need to know:
Get a T-money card for discounts on buses and subways
Basic fares start at 1,250 KRW
Consider a monthly transportation pass (around 60,000 KRW)
Walk or cycle for short distances to save money
4. Communication: Staying Connected
Staying connected is essential, but it doesn't have to be expensive:
Look for student-specific phone plans (like U24 plans)
Budget around 100,000 KRW/month for phone and internet
Consider prepaid plans if you're a light user
Major service providers and their English websites:
Frequently Asked Questions (FAQs)
How much should I budget per month as a student in Korea?
Can international students work part-time in Korea
Is it cheaper to cook at home or eat out in Korea?
Are there any student discounts I should know about?
Remember, a little planning goes a long way in making your Korean adventure both enjoyable and affordable.
Use code FLEETKR to get ₩4000 off your next Shuttle order!
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