Cheapest Cities Near Seoul (2026)

Seoul has a cost of living index of 73 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Phnom Penh, KH59% cheaper
COL: 301BR: $350/moSave $550/mo on rent
2
Buenos Aires, AR59% cheaper
COL: 301BR: $400/moSave $500/mo on rent
3
Oaxaca, MX56% cheaper
COL: 321BR: $400/moSave $500/mo on rent
4
Da Nang, VN54% cheaper
COL: 341BR: $350/moSave $550/mo on rent
5
Medellรญn, CO52% cheaper
COL: 351BR: $500/moSave $400/mo on rent
6
Marrakech, MA52% cheaper
COL: 351BR: $430/moSave $470/mo on rent
7
Hanoi, VN49% cheaper
COL: 371BR: $450/moSave $450/mo on rent
8
Cebu City, PH49% cheaper
COL: 371BR: $400/moSave $500/mo on rent

Seoul at a glance

73
COL index
100 = US avg
$900
1BR rent
per month
โ€”
Home price
median
15%
State tax
income

Cities with similar cost of living

COL index sourced from Numbeo, Zillow, and BLS data ยท Q1 2026 ยท For general guidance only