Traveling to South Korea on a Budget with iBestTravel

South Korea’s cost of living is on the rise; however, it’s still possible to enjoy a visit without breaking the bank. With its vast and affordable transport system, diverse dining options, and an abundance of low-cost attractions, South Korea can be a budget-friendly travel destination.

Consider Whether You Need a SIM Card

South Korea is one of the most connected countries in the world, providing free Wi-Fi in public areas, transportation stations, and on buses and subways. Most cafes and accommodations also offer free internet access.

Given this widespread availability, you might consider foregoing a SIM card and relying on the country’s robust Wi-Fi infrastructure along with pre-downloaded maps and translation apps. If you prefer constant connectivity, consider purchasing a SIM card in advance from sites like Trazy or Klook, and pick it up at the airport. Alternatively, if your phone supports an eSIM, opt for a short-term plan through eSIM Korea for as low as ₩1000 per day.

Fly to South Korea in January, November, October, or March

If you enjoy winter weather, January is the cheapest month for airfare to South Korea and an excellent time to avoid crowds while indulging in winter sports activities. For those less keen on cold weather, the next most affordable months to fly are November, October, and March. To secure the best prices, it’s advisable to book tickets at least five weeks in advance.

Leave the Airport by Bus or Airtrain

Taking a taxi from the airport can be expensive and generally no quicker than the bus or airtrain. The AREX train takes you from the airport to Seoul Station with ticket prices ranging from ₩4150 to ₩9500, depending on whether you choose the 60-minute all-stop or the 45-minute express option. From there, you can easily transfer to the subway for navigating the capital. If you plan to travel beyond Seoul, consider purchasing a Korail railway ticket.

A more economical choice than Korail is the airport bus, which departs directly from the airport and connects to numerous major cities across the country.

Buy a Korail Pass for Unlimited Train Travel

For those looking to explore multiple cities within a short time frame, consider investing in a Korail Pass. This pass comes in a few varieties: a consecutive three- or five-day option, or a flexible two- or four-day choice, costing between ₩131,000 to ₩244,000 for adults. Group travelers may benefit from a discount of ₩10,000, while those 27 or younger can enjoy an even lower youth price, ranging from ₩105,000 to ₩195,000. Specifically designed for international travelers, the Korail Pass is valid for both high-speed KTX trains and slower options.

Ride the Slow Rail

If you anticipate only riding the train a few times within a five-day window, you may find it more advantageous to purchase tickets individually. The budget-friendly Mugunghwa trains may slow down your journey; however, they provide an excellent opportunity to enjoy stunning scenic views. For added savings, consider dining in the train’s dining car or utilizing standing-room-only spaces, which have limited seating. Alternatively, use the intercity bus system for your travels.

Use Transportation Cards for Discounted Fares

To save on transportation costs, consider purchasing a Tmoney transit card for ₩4000. This card can be loaded with money at any subway station or major convenience store, such as 7-Eleven and GS25. Additionally, Tmoney cards reduce both subway and bus fares while offering discounts for transfers within 30 minutes.

While Tmoney cards are valid nationwide, if you’re focusing solely on Seoul and Jeju, you may want to explore the tourist-only regional MPASS card which provides access to multiple rides per day at varying durations for affordable prices.

Opt for Local Accommodations Over International Hotels

International hotel chains can be expensive, often costing upwards of ₩250,000 per night. Budget-conscious travelers should aim for local lodgings which can provide charming boutique options, especially in Seoul. Outside major urban areas, consider a minbak or pension, which typically feature ondol-style rooms with underfloor heating. Directly booking with the lodging provider can often yield better rates, avoiding extra costs incurred from online booking platforms.

Eat at Traditional Markets, Street Stalls, and Mom-and-Pop Restaurants

For authentic and satisfying meals, visit traditional markets where you can find generous portions of affordable noodle dishes, soups, and fried snacks. Keep an eye out for pojangmacha (tented dining areas) serving skewers, fish cake soups, and tteokbokki along with drinks like soju and beer. Small mom-and-pop restaurants also provide excellent value, usually offering a main course alongside a bowl of rice and numerous refillable banchan side dishes.

Search for Tourist Coupons

For those interested in sightseeing, various tourist savings cards offer discounts or even free admission to popular attractions. The Discover Seoul Pass includes over 200 deals, allowing free use of public bicycles and complimentary AREX rides, while the Korea Tour Pass offers benefits from numerous brands.

Both passes can function as transit cards, and mobile app versions make them even more convenient to use.

Visit Attractions on Culture Day

If you’ll be in South Korea on the last Wednesday of the month, check if your desired venues are participating in Culture Day. On this special day, over 2000 museums, galleries, and theaters across the country provide free or discounted admission.

Traveling to Jeju is Cheaper by Plane Than by Ferry

For visitors planning a trip to Jeju, flying can often be significantly less expensive than taking the ferry, with the additional perk of speed. Opt for budget airlines like Jeju Air or Jin Air, which typically offer fares starting under ₩18,000 on weekdays for one-way tickets.

Take Advantage of South Korea’s Vast National Park System

Home to 22 national parks, South Korea offers numerous opportunities for exploration, including some areas with free entrance. Nature enthusiasts can enjoy hiking while discovering breathtaking Buddhist temples hidden within the parks. For a unique experience, consider booking a campsite or shelter for an overnight adventure, often costing just a few thousand won per night.

Claim Your Sales Tax Refund Before You Go

Foreigners visiting South Korea for less than six months may be eligible for a 10% sales tax refund on purchases over ₩30,000. Claims can be processed at designated tax-free stores or tax-refund booths at airports and ports. Be sure to keep your receipts and passport handy for smooth processing.

Daily Costs in South Korea

Staying aware of daily expenses can enhance your budgeting experience in South Korea, allowing for both enjoyment and financial mindfulness.