Cost of living

Gangnam Cost of Living for Foreign Residents (2026)

Monthly cost-of-living breakdown for Gangnam in Seoul for a single foreign resident in 2026.

Estimated total monthly cost

₩3.6M

Single foreign resident, one-bedroom rental in Gangnam, mid-tier lifestyle (eating out 4-5x/week, occasional leisure spending). Rent is the dominant variable; the rest is roughly Korea-wide.

What does cost of living in Gangnam include?

CategoryMonthly
Rent (one-bedroom, monthly wolse)₩2.0M
Utilities (electricity, gas, water, management)₩284K
Internet₩44K
Mobile phone (one line)₩49K
Food (single, eating out + groceries)₩503K
Transit (T-money + occasional taxi)₩62K
National Health Insurance (NHIS) premium₩160K
Leisure and discretionary₩250K
Miscellaneous₩200K
Total estimated monthly₩3.6M

What is rent in Gangnam by apartment size?

Unit typeDepositMonthly (wolse)Jeonse (lump-sum)
Studio / officetel₩50.0M₩1.1M₩420.0M
1-bedroom₩60.0M₩2.0M₩580.0M
2-bedroom₩300.0M₩3.8M₩1400.0M

Deposit and jeonse figures are typical Q2 2026 ranges. Actual listings vary by unit age, building amenities, and floor.

Why does Gangnam cost what it does?

Gangnam is described as: Upscale corporate hub, luxury apartments, international schools, polished streetscape. For foreign-resident foreign friendliness, we rate it medium: this affects English availability at services and how easy daily life feels for someone without strong Korean.

For a deeper neighborhood profile (transit, food, schools, where foreign residents tend to live), see the full Gangnam guide.

Read the full neighborhood guide

Gangnam, Seoul

Continue to the full Gangnam guide

For a personalized cost-of-living estimate based on your household, tier, and unit type, try our Korea cost-of-living calculator.