Korea Trip Budget: How Much Does It Cost?

Korea works on a shoestring or in real comfort. The daily numbers here leave out flights and a room, because those depend on choices no guide can make for you. Treat every figure as approximate; they all move with the exchange rate.

Realistic daily budgets

What you actually spend comes down to how you eat and get around. The gap between the cheapest version of a day here and a comfortable one is wider than most people expect.

Accommodation sits on top of all that - see where to stay - and going in the cheapest season can knock a fair bit off your flights and hotels.

Want the per-item numbers behind these ranges - a coffee, a subway ride, a casual meal? What Things Cost breaks the whole category down.

Per person, per day, excluding flights and accommodation. Every figure moves with the exchange rate.
StylePer day (KRW)A typical day
Budget40,000-60,000Street food, convenience stores, public transport
Mid-range100,000-180,000Casual restaurants, a paid sight or two, the odd taxi
Comfort250,000+Nicer dining and activities
Per person, per day, excluding flights and accommodation. Every figure moves with the exchange rate.

Is Korea expensive?

Cheaper than Japan for food and transport, well above Southeast Asia. The everyday layer is where Korea is quietly cheap: the subway, street food, convenience stores, and markets and hiking trails that cost nothing at all. Coffee is the line that catches people out - a budget chain like Compose or Mega sells an americano for 1,500 to 1,700 won, while Starbucks wants nearer 4,700 for the same cup. Taxis and drinking are where budgets actually go, easiest to underestimate late at night, once the subway has stopped and a taxi is no longer optional.

  • Cheaper than Japan or Singapore, dearer than Southeast Asia.
  • Transport and everyday food are where the real bargains are.

Easy ways to save

Ride the subway on a Tmoney card instead of taking taxis. Eat at convenience stores, markets, and casual spots. Come in the cheaper winter months, claim tax refunds on eligible shopping, and lean on the right map and translation apps so you don't wander into tourist traps. On top of all that, plenty of palaces and museums are free or just a few thousand won, and hiking costs nothing at all.

  • Subway and Tmoney, convenience-store meals, and off-season travel.
  • Claim your tax refunds - and remember plenty of attractions are free or very cheap.

Quick answers

How much money do I need for a week in Korea?
Leaving out flights and hotels, a budget traveller might get through a week on around 300,000-400,000 KRW, while a mid-range traveller spends more like 700,000-1,200,000 KRW. Add accommodation and flights on top of that.
Is Korea cheaper than Japan?
On food and public transport, Korea usually edges out Japan on price. Accommodation and flights are much of a muchness between the two, and both swing hard with the season.
What is the cheapest way to travel Korea?
Ride the subway on a Tmoney card, eat at convenience stores and markets, bunk in hostels or motels, and come in winter outside the holidays. A lot of the attractions are free or cost very little anyway.

By Hyouk Seo · Last updated: 2026-09-03