🇰🇷 South Korea
Can you afford a house in South Korea?
Out of reach for the median household
The country median home in South Korea costs ₩760,000,000 and the median household earns ₩65,000,000 — a price-to-income ratio of 11.7×. Ranked 14 of 46 for housing cost relative to income.
Median home price
₩760,000,000
South Korea average
Median household income
₩65,000,000
after tax
Avg mortgage rate
4.50%
min down 30%
How affordable is South Korea for you?
Enter your income and savings to see your personal max-affordable price, years to a down payment, and how that compares to South Korea's median.
Tell us about your finances
Annual numbers. We use country-typical interest rates and minimum down payments unless you change them.
Anchor: South Korea average median 760,000,000 KRW · mortgage rate 4.50% · min down 30%