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South Korea

How much does a trip to South Korea cost? Daily budget and prices

Plan ₩180,000–300,000 (about $130–220) per person per day at mid-range in 2026: business hotel, sit-down meals, some taxis. Backpackers manage ₩56,000–117,000 with a dorm bed and market food. Seoul and Jeju run higher; holiday weeks add 20–50%. Cards work almost everywhere, so carry only ₩30,000–50,000 cash.

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Updated Sep 20264 min read

Key facts

Currency
Korean won (₩); cards accepted almost everywhere, including taxis and convenience stores
Backpacker day
₩56,000–117,000: dorm or guesthouse, kimbap and markets, subway
Mid-range day
₩145,000–300,000: business hotel, sit-down meals, some taxis
Comfort day
₩390,000–860,000: 4–5★ hotel, restaurant dinners, taxis
Cheapest meal
Kimbap roll ₩3,500–5,500; convenience-store meal similar
Seoul subway ride
₩1,550 with T-money (check)
KTX Seoul – Busan
₩52,000–60,000 standard, one way
Cash needed
₩30,000–50,000 for street food, small markets and temple donations
Tipping
Not expected
When it costs more
Seoul and Jeju year-round; summer and holiday weeks lift beds 20–50%

Daily budget by tier

Three tiers cover most trips. Figures are per person per day, sharing a room at mid-range and comfort, and exclude flights, K-ETA, tours and long KTX legs. They are 2026 estimates.

The gap between tiers is mostly the bed. Food and transport rise more slowly, which is why a mid-range trip in a provincial city can cost close to a backpacker day in Seoul.

Daily budget by tier
TierBedFoodTransportSightsExtrasTotal per day
Backpacker₩25,000–45,000₩20,000–35,000₩6,000–12,000₩0–10,000₩5,000–15,000₩56,000–117,000
Mid-range₩60,000–120,000₩45,000–80,000₩15,000–30,000₩10,000–30,000₩15,000–40,000₩145,000–300,000
Comfort₩180,000–400,000₩100,000–200,000₩40,000–80,000₩30,000–80,000₩40,000–100,000₩390,000–860,000

2026 estimate. Seoul and Jeju cost more than Busan and provincial towns; holiday weeks add 20–50%.

What individual things cost

Use these to build your own day. A kimbap roll or a convenience-store meal keeps lunch under ₩6,000; Korean barbecue for one with sides runs ₩18,000–30,000 and is usually the biggest food item of the day.

Sights are cheap by international standards. Gyeongbokgung entry is ₩3,000 and free if you wear hanbok. A DMZ tour or a K-pop show sits on top of the sights line and is worth budgeting separately.

What individual things cost
ItemPrice (2026 estimate)
Kimbap roll₩3,500–5,500
Korean barbecue for one, with sides₩18,000–30,000
Iced Americano at a chain₩2,000–5,000
Seoul subway ride with T-money₩1,550 (check)
Gyeongbokgung palace entry₩3,000; free in hanbok
KTX Seoul – Busan, standard₩52,000–60,000
DMZ tour₩60,000–110,000 (check)
Gimpo – Jeju flight, one wayFrom about ₩60,000 (check)

Long legs such as KTX Seoul – Busan or a Gimpo – Jeju flight are not in the daily totals.

Where it costs more

Seoul and Jeju are the priciest bases, with Myeongdong and Hongdae beds leading on price in the capital. Busan and provincial towns such as Suwon, Daejeon and Ansan cost less for the same standard of room and food.

Timing matters as much as place. Summer and holiday weeks lift beds by 20–50%. Booking a bed early for those weeks saves more than any daily habit.

  • Seoul and Jeju: highest beds and food
  • Busan and provincial cities: cheaper for the same tier (check)
  • Summer and holiday weeks: beds up 20–50%
  • Weekday business hotels: often cheaper than weekend stays in Seoul

Paying: cards, cash and ATMs

Cards work almost everywhere, including taxis, convenience stores and many market stalls. Carry ₩30,000–50,000 in cash for street food, small markets and temple donations. Tipping is not expected.

Foreign cards can fail at some machines and in-app payments. ATMs marked Global, at convenience stores and at KB, Shinhan, Woori and Hana branches, accept most foreign cards. Prepaid tourist cards such as WOWPASS load won from foreign cash or cards and double as a T-money transit card, which is useful when your own card is refused.

  • Cards: accepted almost everywhere
  • Cash: ₩30,000–50,000 covers small vendors and donations
  • ATMs: look for the Global sign at convenience stores and major banks
  • Prepaid tourist cards: load won, tap for transit and shops
  • Tipping: not expected

Cutting the bill

The biggest lever is the bed: a guesthouse or dorm in a less central neighbourhood usually costs less than a central hotel without changing the trip much. Seoul's subway is cheap and fast, so staying two or three stops out rarely costs you time.

Food is the second lever. Markets, kimbap shops and convenience stores are not a compromise in Korea; they are how many locals eat lunch. Moving one sit-down meal a day to a market cuts the food line, and paid sights are already low, so cutting them saves little.

  • Stay outside the most central districts and use the subway
  • Eat one meal a day at a market or kimbap shop
  • Buy a T-money card and avoid single-ride tickets
  • Book summer and holiday weeks early
  • Skip taxis in Seoul; they only pay off late at night

Sample trip budgets

These totals use the daily tiers above and exclude international flights, K-ETA and tours. Add a long KTX leg or a Jeju flight if your route includes one.

A 7-night Seoul trip at mid-range lands around ₩1,015,000–2,100,000 per person. The same week backpacking is roughly ₩392,000–819,000. A 10-night Seoul, Busan and Jeju route at mid-range is about ₩1,450,000–3,000,000 before flights and the KTX or Jeju leg.

Sample trip budgets
TripTierPer person, excluding flights
7 nights, SeoulBackpacker₩392,000–819,000
7 nights, SeoulMid-range₩1,015,000–2,100,000
7 nights, SeoulComfort₩2,730,000–6,020,000
10 nights, Seoul + Busan + JejuMid-range₩1,450,000–3,000,000
10 nights, Seoul + Busan + JejuComfort₩3,900,000–8,600,000

2026 estimate. Add ₩52,000–60,000 for KTX Seoul – Busan; budget about ₩60,000 for a Gimpo – Jeju flight leg (check).

Questions people ask

How much money do you need per day in South Korea?

Mid-range travellers should plan ₩180,000–300,000 per person per day in 2026, covering a business hotel, sit-down meals, some taxis and two paid sights. Backpackers manage on ₩56,000–117,000 with a dorm bed, market food and the subway. Comfort runs ₩390,000 and up.

Is South Korea expensive for tourists?

Beds and restaurant dinners are the main costs; transport, sights and everyday food are cheap. Seoul and Jeju are the priciest bases, while Busan and provincial cities cost noticeably less for the same standard of room and meal.

What do meals, hotels and transport cost in South Korea?

A kimbap roll is ₩3,500–5,500 and Korean barbecue for one is ₩18,000–30,000. Dorm beds run ₩25,000–45,000, business hotels ₩60,000–120,000. A Seoul subway ride is ₩1,550 with T-money (check), and KTX Seoul – Busan is ₩52,000–60,000.

How much cash should I carry in South Korea?

About ₩30,000–50,000. Cards work almost everywhere, including taxis and convenience stores, but street food, small markets and temple donations are easier in cash. Tipping is not expected.

When is South Korea most expensive?

Summer and holiday weeks lift beds by 20–50%, and Seoul and Jeju are the priciest bases year-round. Booking early for those weeks saves more than cutting daily spending.

How much does a 7-day trip to South Korea cost?

Excluding international flights, a 7-night Seoul trip is roughly ₩392,000–819,000 per person backpacking and ₩1,015,000–2,100,000 at mid-range. Add a KTX leg or a Jeju flight if your route includes one. 2026 estimate.