Estimated Monthly Living Expenses for a Man in His 30s Living in Daegu, South Korea

Estimated Monthly Living Expenses for a Man in His 30s Living in Daegu, South Korea

※ A man in his 30s generally has a more stable financial situation, but still needs to carefully manage various living expenses. Living in a major city like Daegu, whether alone or with family, requires consideration of housing costs, food expenses, transportation, communication fees, and more. In this blog, we will estimate the major expense categories and provide an overview of the monthly living costs for a man in his 30s living in Daegu.

 

1. Housing Costs

Housing expenses in Daegu vary depending on the area and type of accommodation. Whether living in a rented place with a deposit (jeonse) or paying monthly rent, you'll also need to account for utility bills and maintenance fees.

• Monthly Rent: 500,000 to 1,200,000 KRW
  Renting a one-room or two-room apartment in popular areas of Daegu
• Maintenance and Utility Fees: 100,000 to 200,000 KRW
  Includes maintenance fees, electricity, gas, and water bills
• Jeonse Loan Interest: 200,000 to 500,000 KRW
  If living with a jeonse deposit, consider the interest on the loan

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2. Food Expenses

Food expenses for a man in his 30s depend largely on his lifestyle. If most meals are eaten out, the cost can be higher, while cooking at home can help save on food expenses.

• Groceries (Cooking at Home): 300,000 to 500,000 KRW
  Monthly grocery expenses for those who cook at home
• Dining Out and Food Delivery: 200,000 to 600,000 KRW
  For those who frequently dine out or order food delivery

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3. Transportation Costs

Daegu has a well-developed public transportation system, with subways and buses providing convenient commuting options. However, for those who own a car, additional vehicle maintenance costs need to be considered.

• Public Transportation: 50,000 to 80,000 KRW
  Regular use of subway and bus services
• Car Maintenance: 300,000 to 500,000 KRW
  If owning a car, including fuel, parking, insurance, and maintenance costs

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4. Communication Costs

Smartphones are essential in modern society, and men in their 30s often use higher data plans. Additionally, if using home internet and IPTV services, this will add to monthly communication costs.

• Mobile Phone Bill: 50,000 to 100,000 KRW
  Based on data plan usage
• Internet and IPTV: 40,000 to 70,000 KRW
  For home internet and IPTV services

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5. Leisure and Hobbies

Men in their 30s may spend money on physical fitness or hobbies. Daegu offers various cultural facilities and leisure activities to enjoy.

• Gym and Hobby Costs: 100,000 to 300,000 KRW
  Gym memberships, sports activities, and hobbies
• Leisure and Cultural Activities: 150,000 to 400,000 KRW
  Costs for movies, performances, cafes, travel, and other leisure activities

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6. Other Living Expenses

Don't overlook the costs for clothing, grooming, and other essential items. These expenses vary depending on personal lifestyle, but budgeting for these categories each month is important.

• Miscellaneous Expenses: 100,000 to 300,000 KRW
  Clothing, grooming, and household items

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7. Total Estimated Monthly Living Expenses for a Man in His 30s in Daegu

Based on the categories discussed above, here is an estimated breakdown of monthly living expenses for a man in his 30s living in Daegu:

• Housing Costs: 600,000 to 1,400,000 KRW
• Food Expenses: 500,000 to 1,100,000 KRW
• Transportation Costs: 50,000 to 500,000 KRW
• Communication Costs: 90,000 to 170,000 KRW
• Leisure and Hobbies: 250,000 to 700,000 KRW
• Other Living Expenses: 100,000 to 300,000 KRW

Total Estimated Monthly Living Expenses: 1,590,000 to 4,170,000 KRW

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Conclusion

The estimated monthly living expenses for a man in his 30s living in Daegu range from approximately 1,590,000 KRW to 4,170,000 KRW. Housing and food expenses take up the largest portion of the budget, while transportation and leisure activities can significantly impact overall spending. By setting a budget for each category and managing finances carefully, you can ensure financial stability.