Costs

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Korea is fairly expensive compared to most Asian countries, but is a little cheaper compared to other modern developed countries such as Japan and most Western countries. A frugal backpacker who enjoys eating, living and traveling Korean-style can easily squeeze by on under ₩60,000 per day, but if you want top-class hotels and Western food even ₩200,000/day will not suffice. Seoul has been particularly expensive in recent years, by some measures even more so than Tokyo, but the current financial crisis has caused a big decline for the Won against the U.S. Dollar and Yen, making South Korea considerably less expensive for Western and Japanese tourists.

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