Is Jongno Expensive?

Seoul, South Korea

+15% vs Seoul avg

Living in Jongno, Seoul

Jongno is a moderately-priced area within Seoul, with a cost of living index of 79.2 — that is +15% compared to the Seoul average. It sits around the middle of the pack at #6 out of 22 neighborhoods. Estimated rent for a one-bedroom apartment here is around ₩1,752,018/month, compared to a range of ₩1,096,916 in Geumcheon to ₩1,980,542 in Gangnam.

Monthly Budget Breakdown

For a typical resident of Jongno, housing takes up roughly 38% of monthly expenses. Food and groceries account for about 19%, while transportation costs around 10%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately ₩70,080,723 before tax.

Typical Salaries in Jongno

Salaries in Jongno reflect the local cost of living. Based on the neighborhood COLI of 79.2:

After tax and deductions of 25.8% in South Korea, take-home pay for someone earning ₩70,080,723 would be roughly ₩51,999,896/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

79.2
COLI Index
1.15x
vs City Avg
₩1,752,018
Est. 1BR Rent
#6
of 22 Areas
25.8%
Total Deductions

Tax & Deductions in Jongno

Estimated annual deductions on a ₩75,412,952 salary in Jongno, Seoul (local employee).

Income Tax
16%
NPS + Health + Employment
9.4%
Total Deductions: 25.8%
Est. Take-Home: ₩55,985,026/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Jongno would need to be elsewhere:

City Currency Equivalent
New York USD $59,400
London GBP £51,119
Dubai AED AED 297,225

Other Neighborhoods in Seoul

Neighborhood COLI Multiplier vs Avg
Gangnam 89.6 1.30x +30%
Seocho 86.1 1.25x +25%
Myeongdong 82.7 1.20x +20%
Bukchon 81.3 1.18x +18%
Itaewon 79.2 1.15x +15%

View all 22 neighborhoods in Seoul →

Convert Your Salary

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Seoul City Comparisons

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Jongno:

Ardmore (Main Line), Philadelphia South Waterfront, Portland Wicker Park, Chicago South Loop, Chicago Zilker, Austin Ocean Beach, San Diego

Frequently Asked Questions

Is Jongno expensive in Seoul?

Yes, Jongno is one of the more expensive neighborhoods in Seoul. It costs about +15% more than the city average, ranking #6 out of 22 neighborhoods.

How does Jongno compare to the Seoul average?

The cost of living in Jongno is above the Seoul average. With a multiplier of 1.15x, everyday expenses including rent, food, and transportation are +15% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Statistics Korea (KOSTAT) · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.