Question Standard of living and prices of things

KIMBOLITO · Beginner Joined: Aug 09, 2005 Posts: 9 Location: Florida

1 US dollar = 1044.651 Won

what can $100 buy in S Korea?
how much are Addidas or Nikes shoes overthere? how about PS2 and XBox and mp3 players? What about renting a house?

How much money do i need to live comfortably overthere?

moon · Beginner Joined: Oct 19, 2005 Posts: 5

you can buy us dollar in forienger bank (외환은행)
you can buy psp, mp3, somethine is near yongsan station
rent is you can use near university board

another ask to me is send to e-mail

monique_19 · Moderator Joined: May 22, 2005 Posts: 1703

[quote:476f32f8df="moon"] Very Happy

you can buy us dollar in forienger bank (외환은행)
you can buy psp, mp3, somethine is near yongsan station
rent is you can use near university board

another ask to me is send to e-mail[/quote:476f32f8df]

[color=brown:476f32f8df]cool[i:476f32f8df]![/i:476f32f8df]~[/color:476f32f8df]

TierZahmen · Posted: Sat Jan 21, 2006 11:43 pm Post subject:

http://www.nicerent.com/mn_korea_real_estate_map/map_search_main_front.asp

if that is any indication of what it costs to live in Seoul, I don't think I will ever be able to afford it...OMG $7,000.00 and up per month??? and thats U.S. dollars....it was just a pipe dream anyway...but sheesh

oleo · Learn Korean Regular Joined: Jan 17, 2006 Posts: 403

[quote:5fe30620cb="TierZahmen"]http://www.nicerent.com/mn_korea_real_estate_map/map_search_main_front.asp

if that is any indication of what it costs to live in Seoul, I don't think I will ever be able to afford it...OMG $7,000.00 and up per month??? and thats U.S. dollars....it was just a pipe dream anyway...but sheesh[/quote:5fe30620cb]

7000000 KRW a month for a six-bedroom apartment? That's reasonable, at least in Seoul. Search more carefully, and you find stuff as low as 800000 a month, even in Gangnam-gu.

http://www.nicerent.com/mn_seoul_real_estate_advenced/advenced_search_detail.asp?intidxNum=176&strSearch=AND%20(%20Pricekrw%20%3C=%201000000)&strCboSelVal=

Not that I'd want to move to Korea any time soon, but Seoul is probably the most expensive place to start looking for housing. Maybe smaller cities would be better.

Are there any restrictions against foreigners renting or owning real estate in Korea? That always causes trouble in Japan, to my knowledge and the experience of others. I'd just wonder what the legal differences would be, since it seems prices are a bit more than I would expect.

In any case, if you want to live anywhere, it's probably a good idea to learn the local language(s) [b:5fe30620cb]before[/b:5fe30620cb] moving there. Some people don't think it's a big deal, but you would be surprised. At least with some of my family not knowing English in an English-speaking country, it's trouble. Maybe that's just the nature of English. In any case, don't count on always having someone in a foreign country who speaks [i:5fe30620cb]your[/i:5fe30620cb] language(s) in time of need.

TierZahmen · Posted: Sun Jan 22, 2006 5:31 am Post subject:

uhm wouldn't your salary have to be at least $250k a year for that?

since they say no more than 1/3 of your pay should go to housing.

oleo · Learn Korean Regular Joined: Jan 17, 2006 Posts: 403

Yes, but if you need six bedrooms in Seoul, I should think you have a lot of money already, right?

aoihoshi · Posted: Sun Jan 22, 2006 4:40 pm Post subject:

-and possible several other roomates to help foot the bill.

oleo · Learn Korean Regular Joined: Jan 17, 2006 Posts: 403

Okay. $7000 / 6 == $1166.67 per month per person, still not cheap.
I wonder if there are other sources of information.

TierZahmen · Posted: Sun Jan 22, 2006 7:32 pm Post subject:

ok, i didn't see the 6 bedroom part......yeah i personally would not need 6 bedrooms.....wow. hmm the standard i'm used to is one bedroom so i didn't even look at that. well that makes a bit more sence. anyway like i said i was just curious, it's not like i'm ever going to go live there.