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Is Seoul the second most expensive city in the world?

 
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sandy



Joined: 27 May 2006
Location: London, England

PostPosted: Fri Jul 21, 2006 4:18 am    Post subject: Is Seoul the second most expensive city in the world? Reply with quote

Recently, I read a lonely planet publication that ranks Seoul as the second most expensive city in the world. The last time I was in Korea was in 1996 and thought that the prices were pretty reasonable. I was shocked to find that Seoul is the second most expensive city in the world, even more expensive than London. I find this very hard to believe!
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SuperFly



Joined: 09 Jul 2003
Location: In the doghouse

PostPosted: Fri Jul 21, 2006 4:19 am    Post subject: Reply with quote

They nickel and dime you to death.
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laogaiguk



Joined: 06 Dec 2005
Location: somewhere in Korea

PostPosted: Fri Jul 21, 2006 4:21 am    Post subject: Re: Is Seoul the second most expensive city in the world? Reply with quote

sandy wrote:
Recently, I read a lonely planet publication that ranks Seoul as the second most expensive city in the world. The last time I was in Korea was in 1996 and thought that the prices were pretty reasonable. I was shocked to find that Seoul is the second most expensive city in the world, even more expensive than London. I find this very hard to believe!

It's factoring in many things that don't apply to us, the biggest being rent. If you spend normally and stay with local products (except electronics) you shouldn't be surprised. Things are either completely comparable to Canada or cheaper, unless you go for imported, Western things. A few things are more expensive, but the basics, food, transportation, etc are cheaper.
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essexboy



Joined: 11 Jun 2006
Location: close to orgasm

PostPosted: Sat Jul 22, 2006 2:15 am    Post subject: 6 Reply with quote

Ok, move to London and compare that to Seoul, and the prices are halved on pretty much everything. Especially subway travel, you would be looking at around 7 pounds (14 dollars) to travel in the rush hour in London. A meal out would be around 15 quid each too.
Seoul is a LOT cheaper.
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Wangja



Joined: 17 May 2004
Location: Seoul, Yongsan

PostPosted: Sat Jul 22, 2006 2:56 am    Post subject: Reply with quote

These comparisons are usually geared towards bussines visitors and "bank-rolled" ex-pats.

To imagine that Seoul is a more expensive city than London to live in is laughable.
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sonshine20



Joined: 17 Nov 2005

PostPosted: Mon Jul 24, 2006 3:43 am    Post subject: Reply with quote

It's housing. The cost of housing is very high. Everything else, not so much.
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sjrm



Joined: 27 Jul 2005

PostPosted: Mon Jul 24, 2006 3:46 am    Post subject: Reply with quote

Wangja wrote:


To imagine that Seoul is a more expensive city than London to live in is laughable.


or even more expensive than the likes of san francisco, new york, tokyo, etc.

btw, i wonder which ranked first.
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I'm Seoul Lost



Joined: 19 Jun 2006
Location: In the mountains of Gyeonggi

PostPosted: Mon Jul 24, 2006 4:45 am    Post subject: Reply with quote

sjrm wrote:
Wangja wrote:


To imagine that Seoul is a more expensive city than London to live in is laughable.


or even more expensive than the likes of san francisco, new york, tokyo, etc.

btw, i wonder which ranked first.

If it's the same report I'm thinking of, the most expensive was Moscow.

I've been to Moscow. The idea that daily expenses there are higher than New York, Tokyo, etc, is laughable, to quote Wangja.
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