Is 2000 usd a lot in Korea?

Is $2,000 dollars a month good in South Korea? On a national level, a family of four can expect to spend an average of 2,300,000 KRW per month (2,000 USD) in living expenses (excluding rent). A single expat can expect to pay 652,000 KRW (560 USD) per month (excluding rent).



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If your place of residence is covered, then yes, $3000 is more than enough for a month in Seoul unless you have very expensive activities planned or plan to buy a lot of expensive items.

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You can bring Korean won and/or foreign currency worth up to $10,000 USD into South Korea. This includes traveler's checks. You must declare any means of payment with a value of over $10,000 USD by filling out the Korean Customs Declaration.

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Although most cards are accepted here, there will be times where it may not work as I have experienced. It can be quite a frustrating and embarrassing moment when that happens so cash is always handy no matter where you go. The most important places you need cash for are street markets and street food places.

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