Skyline of Yongin
Cost of Living: 77 1,076,000

Yongin, South Korea

A rapidly growing city in Gyeonggi Province, home to Everland theme park and Samsung's semiconductor cluster.

Updated August 11, 2026
Cost of Living 77

Below Average vs South Korea Avg (100)

Housing Index 73

Affordable

Median Income ₩36,000,000

Household income

Unemployment 3.4%

Job market health

Yongin vs South Korea Average

Cost of Living
Yongin: 77
South Korea Avg: 100
Housing Index
Yongin: 73
South Korea Avg: 100
State Income Tax
Yongin: 6%

Taxes

  • State Income Tax: 6.0%
  • Sales Tax: 10.0%

Economy & Jobs

  • Median Income: ₩36,000,000
  • Unemployment: 3.4%
  • Population: 1,076,000

Climate

  • Sunny Days: 205/year
  • Summer High: 85°F
  • Winter Low: 22°F
  • Farming Zone: USDA Zone 5a

Housing

  • Median Home: ₩290,000,000
  • 1BR Rent: ₩390000/mo

Cost of Living

Yongin's cost of living index is 77 (South Korea average = 100).

CategoryYonginNational AverageDifference
Overall77100-23.0%
Housing73100-27.0%

Data source: KOSIS / Numbeo, 2026

Housing Market

MetricValue
Median Home Price₩290,000,000
Median Rent (1BR)₩390000/mo
Median Rent (2BR)₩487,500/mo
Price per Sq Ft₩193,333

Data source: KB Kookmin Bank / Zigbang, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Yongin:

UtilityEstimated Monthly CostNotes
Electricity₩50000
Heating & Cooling₩785Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water₩15000Includes sewer
Internet (100+ Mbps)₩30000Broadband average
Garbage / Trash₩5000Private service
Total Utilities₩100785Monthly estimate (including heating & cooling)

Data sources: KEPCO, Korea Water Resources, SK Broadband 2025

Remote Work Score

Yongin scores —/100 for remote work readiness:

Cost of Living
77
Rent
₩390000
Sunny Days
205
Tax
6%
Unemployment
3.4%
Climate
85°F / 22°F
Safety
0.6 homicides/100k
Population
1,076,000
Internet Speed
250 Mbps

Climate

Yongin has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January42°F22°F2.5"
April70°F37°F2.8"
July85°F60°F1.5"
October65°F40°F2.2"
USDA Zone 5a

Cool — many vegetables, some fruit trees

Natural Hazards

Yongin faces the following natural hazards:

Typhoon High Risk

Significant typhoon risk.

Earthquake Moderate Risk

Moderate seismic activity with occasional earthquakes.

Flood Moderate Risk

Monsoon and typhoon floods.

Blizzard Moderate Risk

South Korea experiences winter storms.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 6%
  • Sales Tax: 10%
  • Property Tax: ~0.3% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.4%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:30 AM – 4:00 PM
Academic Year March to February
Term System Semester — 1st (Mar-Jul), 2nd (Aug-Feb)
Summer Break Late July to August (5 weeks)
Winter Break Late December to January (4 weeks)
Spring Break February (2 weeks)

School year starts in March. Many students attend private academies (hagwons) after school.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Yongin, South Korea?

The cost of living index in Yongin is 77, which is Lower the South Korea national average of 100.

How much does it cost to buy a home in Yongin?

The median home price in Yongin is ₩290,000,000. The housing index is 73.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Yongin is approximately ₩390000/mo.

Does Yongin, GYE have income tax?

Yongin is in GYE, which has an income tax rate of 6%.

What is the climate like in Yongin?

Yongin enjoys approximately 205 sunny days per year. Summer highs reach around 85°F, while winter lows can drop to around 22°F.

Data Sources

  • Cost of Living: KOSIS / Numbeo, 2026
  • Housing Data: KB Kookmin Bank / Zigbang, 2026
  • Income & Employment: Statistics Korea (KOSTAT) Labour Force Survey, 2024
  • Utilities KEPCO, Korea Water Resources, SK Broadband 2025

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.