South Korea is a great place for students from around the world. It has top universities, modern technology, and a rich culture. But before you decide to study there, it's important to know how much it will cost to live as a student. This guide will help you understand the expenses and plan your budget easily.
1. Tuition Fees
The cost of studying in South Korea depends on the university and course. Public universities are cheaper than private ones.
? Public Universities:
- Bachelor’s degree: $2,000 – $6,000 per year
- Master’s degree: $3,000 – $7,000 per year
? Private Universities:
- Bachelor’s degree: $4,000 – $12,000 per year
- Master’s degree: $5,000 – $15,000 per year
? Scholarships: Many scholarships are available for international students, like the Global Korea Scholarship (GKS), which covers tuition fees, living expenses, and airfare.
2. Accommodation
Finding a place to stay is one of the biggest costs for students. The price depends on the city and type of housing.
? University Dormitory (Most Affordable Option)
- Shared room: $200 – $500 per month
- Single room: $400 – $800 per month
? Renting a Private Room or Apartment
- Studio Apartment (One Room): $400 – $1,000 per month
- Shared Apartment: $300 – $700 per month (per person)
? Goshiwon (Small Room with Shared Facilities)
- Rent: $200 – $500 per month (cheap but small)
? Tip: Staying in a university dormitory is the cheapest and best option for students.
3. Food & Daily Expenses
Food costs will depend on whether you cook at home or eat outside.
?️ University Cafeteria: $3 – $6 per meal
? Eating at Restaurants: $6 – $15 per meal
? Buying Groceries & Cooking at Home: $150 – $300 per month
? Tip: Cooking at home is cheaper than eating at restaurants.
4. Health Insurance & Medical Costs
International students must have health insurance in South Korea.
? National Health Insurance (NHI): $50 – $100 per month
? Doctor’s Visit: $10 – $30 per visit (with insurance)
? Tip: Register for NHI to save on medical costs.
5. Extra Expenses
? Mobile Phone & Internet: $30 – $60 per month
? Entertainment & Social Life: $50 – $150 per month
? Books & Study Materials: $50 – $100 per semester
? Tip: Many places offer student discounts on food, travel, and entertainment.
6. Part-Time Jobs (Earning Money While Studying)
Students in South Korea can work part-time to support their expenses.
? Allowed Work Hours: 20 hours per week (during study), Full-time (during vacations)
? Average Salary: $8 – $15 per hour
Common Student Jobs:
✔️ Working in cafes or restaurants
✔️ Teaching English
✔️ Convenience store jobs
7. Total Estimated Monthly Expenses in 2025
| Expense | Estimated Cost (USD per month) |
|---|---|
| Accommodation | $200 – $1,000 |
| Food | $150 – $300 |
| Transport | $40 – $60 |
| Health Insurance | $50 – $100 |
| Entertainment & Others | $50 – $150 |
| Total Cost | $500 – $1,500 per month |
Conclusion
Studying in South Korea is affordable compared to many Western countries. Living in a dormitory, cooking at home, and using public transport can help you save money. Many students also work part-time to manage their expenses.
If you are planning to study in South Korea in 2025, this guide will help you prepare financially and enjoy a great student life!
