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Cost of Living in Seoul

According to this post (read the comments) on The Marmot’s Hole the cost of living in Seoul is much lower than what most people think. Internationally Seoul Korea is the 163rd most expensive city to live in. Ottawa, my destination city in Canada, is ranked 197th. You can find the full rankings here.

Honestly I was surprised by how far down the list Seoul is. I didn’t expect it to be in the top 10, but did expect it to be much higher up the list due to the insane cost of housing – a topic for another post. According to Expatulator also on twitter @xpatulator, the “International cost of living rankings are the result of comparing the cost of an expatriate’s personal budget, using the local prices for the same defined quantities of the same goods and services in each country throughout the world.”Here are the 10 most expensive cities for expats:

  1. Japan, Tokyo
  2. China, Hong Kong
  3. Nigeria, Lagos
  4. Venezuela, Caracas
  5. Papua New Guinea, Port Moresby
  6. Switzerland, Geneva
  7. United Arab Emirates, Dubai
  8. Qatar, Doha
  9. Denmark, Copenhagen
  10. Bermuda, Hamilton

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