How Much Does It Actually Cost to Move and Live in Seoul as an Expat? How Much Does It Actually Cost to Move and Live in Seoul as an Expat? Moving to Seoul as an expat starts with a heavy dose of financial reality, usually hitting you right when you sign your first lease. Most online guides tell you rent is around 800,000 KRW, but they leave out the massive key money deposit called Jeonse or Wolse security deposits that can drain your savings before you even buy groceries. When I landed in Incheon two years ago with two suitcases and a remote job, I expected to breeze through the initial setup phase. Instead, I spent my first weekend sweating over bank wire limits, trying to figure out why my deposit required ten million won upfront just to secure a tiny studio apartment in Mapo-gu. Who searches for this topic? Foreign professionals, English teachers, and remote workers preparing for a relocation to South Korea who need realistic budget figures beyond generic tourist estimates. The...