Your budget for first day of trip Korea

Let's get budget for trip korea!

Find out how much money you will spend on the first day of our trip to Korea! It is very difficult and boring that calculating budget to trip Korea. We should consider about food, tourist spot, etc. I’ll help you calculate a budget for our trip to Korea.

How much will you spend on my first day in Korea?

Let’s get budget for travling korea!

Hello, this is Riverbank! We are building a fintech service to help tourists feel at home in Korea. In this first content, we will analyze an example of estimated spending on our first trip to Korea. Hope you will get help to trip Korea!

Let’s say, we arrive at Incheon Airport in the morning, have lunch, see some sights in Seoul, have dinner, and go to our hotel.

Landing at Incheon Airport on the first day of our exciting trip to Korea!

Entrance of Korea, Incheon International Airport
Entrance of Korea, Incheon International Airport

At 11:00 a.m., we landed at Incheon Airport, which has world-class infrastructure, and the food at the restaurants is Korean and delicious. Soban, a Korean restaurant at Incheon Airport, you can get a delicious pork kimchi stew set for 12,000 won. At other restaurants, a typical meal costs between 10,000 and 15,000 won.

When you come to Korea, you have to visit Gyeongbokgung Palace and Myeongdong!

Gyeongbokgung
Gyeongbokgung

Now that you’ve eaten your fill at the airport, it’s time to explore some of Seoul’s most popular tourist attractions.

To get to Gyeongbokgung Palace from Incheon Airport, you can usually take the subway.

If you take the airport railroad from Incheon Airport, you’ll be able to get to Seoul Station in no time at all. As of January 2024, the airport rail fare from Incheon Airport (regardless of Terminal 1/2) to Seoul Station is 9,500 won for adults.

Once you arrive at Gyeongbokgung Palace, you’ll need to pay the entrance fee, which is 3,000 won per adult foreigner.

Now that you’ve had your fill of Gyeongbokgung, you’ll want to buy some souvenirs and grab a bite to eat nearby.

Gyeongbokgung Palace sells a variety of souvenirs. If you want to buy a set of keychains, you can get a set of 9 for about 10,000 won, and most other souvenirs are within the 10,000 won range.

You can also buy hotteok, a typical Korean snack, for around 2,000 won each, so be sure to try them!

What’s the best way to get around?

Seoul’s subway system is the best way to get around. Seoul’s subway fare is a basic 1,400 won for adults, with an additional 100 won for every 5 kilometers within the city limits. To put it in perspective, you can expect to pay 1,400 won for a short ride, and 1,500-2,000 won for a longer ride. You can load your T-Money card accordingly!

If you want to take the bus, it’s a good idea to know the different types of buses in Seoul. There are village buses, trunk lines, branch lines, and then metropolitan buses, and finally, late night buses. Each bus is color-coded: trunk lines are blue, branch lines and village buses are green, and metropolitan buses are red. Metropolitan buses are red. Late night buses are those that usually run after 10 or 11 pm. For adults, trunk and branch buses cost 1,500 won, wide area buses cost 3,000 won, late night buses cost 2,500 won, and village buses cost 1,200 won. That’s almost the same price as the subway!

Taxis are a bit more expensive than the subway and buses, with a base fare of 4,800 won and an additional 100 won per 131 meters in Seoul. There is also a 20%-40% surcharge after 11pm, so keep that in mind when taking a taxi at night!

Where to eat dinner?

Samgyupsal
Samgyeopsal

If you’re in Korea, you can’t go wrong with pork belly! The famous Samgyeopsal shop in Myeongdong sells 150 grams for 16,000 won. If you have two full stomachs, it will cost you about 32,000 won. If you add beer, drinks, or side dishes like cold noodles or jjigae, you will need another 10,000 to 20,000 won.

Let’s summarize!

In the above scenario, here are the main expenditures you can think of

  • Lunch at Incheon Airport: 12,000 won
  • Transportation from Incheon Airport to Gyeongbokgung Palace: 9,500 won
  • Gyeongbokgung Palace entrance fee: 3,000 won
  • Souvenirs and snacks: about 20,000 won
  • Dinner (pork belly, beer, and sides) : 50,000 won
  • Transfer to hotel (subway) : KRW 1,400
  • Total expected budget: 95,900 won

Of course, these are the major expenses, so I’m sure you’ll have other expenses as well, so plan your travel spending accordingly! You can get some help to calculate fx rate with https://www.rivebank.world!

Leave a Reply

Your email address will not be published. Required fields are marked *