Site Search:
 
Speak Korean Now!
Teach English Abroad and Get Paid to see the World!
Korean Job Discussion Forums Forum Index Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

would you say Korea is a cheap country to live???
Goto page 1, 2, 3  Next
 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum
View previous topic :: View next topic  

Is korea becoming to expensive to live here?
YES, Im thinking its time to move on
15%
 15%  [ 6 ]
NO, not at all still a cheap place
46%
 46%  [ 18 ]
wouldnt want to make a career here as an ESL teacher on this salary and this economy. better places to go!!
20%
 20%  [ 8 ]
I cant really do much better else where.. everything I need is right here.$25.000USD a year is sweet for my life!!
17%
 17%  [ 7 ]
Total Votes : 39

Author Message
itaewonguy



Joined: 25 Mar 2003

PostPosted: Wed Feb 18, 2004 4:38 am    Post subject: would you say Korea is a cheap country to live??? Reply with quote

ok I have been here since 97.. It was cheap back in those days but showed a strong force on its way to becoming an expensive place to live.
it might have already been there..

But over the years here, I have met people who told me about the 80's and early 90's .. they said it was dead cheap!!
everything was cheap.. too many to list.. but everything.. they even said hookers on the hill would do you for 10.000won. now its 20.000 A DRINK!.
ok bad example but I thought I would throw it in there..

now.. we have all heard about youngsan. yeah cheap DVD'S...!!!!
are they?? 10.000 won a DVD a pirated DVD, is that cheap???
nikes priced at 70.000 won.. is that cheap???
I heard back in the days nikes were like 20 bucks here..
everything seems to be far to expensive.. ok somethings are cheap..
transportation, buses and subways..

so my point is.. I hear about CHINA.. DVD'S 1 dollar,.. cheap clothes.. nikes, etc.. all way cheaper than here.. even thailand is cheaper than here. what is happening to korea? is it becoming to expensive to live here on a normal teachers salary? or will it??

is it time to move to china?

back in the day teachers made good money , compared to the economy.
now it seems like things are getting more expensive around us. but our salaries are not moving...
Back to top
View user's profile Send private message
VanIslander



Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!

PostPosted: Wed Feb 18, 2004 4:57 am    Post subject: Reply with quote

You can compare prices in Korea with a country where you'd make a comparable wage (Japan), or with a country where you come from (Canada). Either way I win big time.
Back to top
View user's profile Send private message
peppermint



Joined: 13 May 2003
Location: traversing the minefields of caddishness.

PostPosted: Wed Feb 18, 2004 5:04 am    Post subject: Reply with quote

Yeah, things are cheap in China, but the pay for an ESL er is around half according to some teachers from Shanghai I met when I was in Beijing.
Back to top
View user's profile Send private message
J.B. Clamence



Joined: 15 Jan 2003

PostPosted: Wed Feb 18, 2004 5:06 am    Post subject: Reply with quote

VanIslander wrote:
You can compare prices in Korea with a country where you'd make a comparable wage (Japan), or with a country where you come from (Canada). Either way I win big time.


Exactly. Considering how much English teachers are paid here compared to other countries, Korea is quite cheap.
Back to top
View user's profile Send private message
SuperFly



Joined: 09 Jul 2003
Location: In the doghouse

PostPosted: Wed Feb 18, 2004 5:15 am    Post subject: Reply with quote

They nickel and dime you to death. Ha, I taught that colloquial to my students once..


Itaewondude,

Those pirated cd's used to cost 5K won in 1996-97 as I remember.
Back to top
View user's profile Send private message
Gwangjuboy



Joined: 08 Jul 2003
Location: England

PostPosted: Wed Feb 18, 2004 6:00 am    Post subject: Reply with quote

The best way to measure this, is to look at one's disposable income. I have a disposable income of 1 million won per month. In the UK I would have to be earning considerably more to save that kind of money each month. So, comparitavely, Korea is a cheap place to live. (even if I were to consider the free housing, the UK would be a lot more expensive.)
Back to top
View user's profile Send private message
batman



Joined: 24 Jan 2003
Location: Oh so close to where I want to be

PostPosted: Wed Feb 18, 2004 6:29 am    Post subject: Reply with quote

Cheap for some things (500cc's of beer, soju, crappy vodka, art supplies, cable service, transportation - scooters, taxi's, trains, buses).
Expensive for other things (imported products, decent clothing, vegetables, fruit, good bread, rice, baby clothes, baby food, diapers).

Right now I am working at home as a stay-at-hom dad.
My son and I rely upon the money that my wife brings home from her teaching job.
We figure, while in Korea, the three of us can live nicely on, about, 800,000 won a month and save the rest.
Don't know if we could do that back home.

But, then, life is about more than money.
If you are not enjoying where you are and what you are doing, who cares how much you are making.
Back to top
View user's profile Send private message
dominic



Joined: 10 Mar 2003
Location: Seoul

PostPosted: Wed Feb 18, 2004 6:59 am    Post subject: what the hell... Reply with quote

seoul is the 5th most expensive country to live in the world. meat is rediculous here especailly beef. Bread is outragous and so is cheese, electronics are expensive too. cheap my ass
Back to top
View user's profile Send private message Send e-mail Yahoo Messenger MSN Messenger
Saxiif



Joined: 15 May 2003
Location: Seongnam

PostPosted: Wed Feb 18, 2004 7:04 am    Post subject: Reply with quote

I can still get a good sized bowl of meaty bone soup for 4,000. That's cheap enough for me.
Back to top
View user's profile Send private message Send e-mail AIM Address
Gwangjuboy



Joined: 08 Jul 2003
Location: England

PostPosted: Wed Feb 18, 2004 7:21 am    Post subject: Re: what the hell... Reply with quote

dominic wrote:
seoul is the 5th most expensive country to live in the world. meat is rediculous here especailly beef. Bread is outragous and so is cheese, electronics are expensive too. cheap my ass


I think you should take a look at how that is measured. Only 144 cities are examined. For example, in Mercer's examination (widely bel