Cost of Raising a Child in Seoul

Birth to age 18, moderate lifestyle β€” what parents in Seoul actually spend, by category.

Seoul combines high housing costs with intense education spending (hagwon cram schools). But the child allowance and free public healthcare soften the load, and birth grants help.

Total to raise one child, birth to 18, on a moderate budget with public school: $220,000 USD ( (β‚©303,600,000 KRW)).

Where the money goes: 8 categories

CategoryBirth–18 cost (USD)Share
Housing & Space $66,000 30%
Education & Childcare $44,000 20%
Food & Nutrition $33,000 15%
Clothing & Daily Goods $17,600 8%
Travel & Entertainment $17,600 8%
Healthcare & Insurance $15,400 7%
Festivals & Social Etiquette $15,400 7%
Prenatal & Infant Setup $11,000 5%

Housing is typically the largest single line item, followed by education and local services. Your real mix depends on neighborhood and lifestyle.

Public vs private school

Choosing private or international schooling in Seoul raises the moderate birth-to-18 cost by about +45% (to roughly $319,000 USD). See the full public-vs-private breakdown across 10 cities.

Multi-child savings

Two children in Seoul cost about $374,000 USD (roughly a 15% per-child saving versus one), and three about $506,000 USD. Shared housing and hand-me-downs do the heavy lifting.

Local support & subsidies

How this compares

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Frequently asked questions

How much does it cost to raise a child in Seoul?

On a moderate budget with public schooling, about $220,000 USD from birth to age 18 ( (β‚©303,600,000 KRW)). Premium lifestyles and private schooling cost more.

What is the biggest cost category in Seoul?

Housing is usually the largest single line item, followed by education and local services such as healthcare and childcare. The exact share varies by neighborhood.

Is private school worth it in Seoul?

Private or international schooling adds about +45% to the birth-to-18 cost. Whether that premium is worth it depends on local public-school quality, which varies by area β€” the data only shows the price gap.

Do these figures include government subsidies?

They are gross modeling estimates and do not net out tax credits or family allowances. See the subsidies listed above and our Sources page for the reference frameworks.

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Methodology: See the Methodology page.
Data Sources: Modeled on publicly available cost-of-living data β€” see our Sources & References page.
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Disclaimer: 2026 structural estimates for planning only β€” not real quotes or financial advice.