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Average Vacation Expenses in South Korea

Despite the dollar’s loss of 3.55 percent of its value against the South Korean Won, possibly in anticipation of a future including more protectionist trade policies on the part of the U.S., prices of key goods and services and estimated airfares remain low enough to keep South Korea on your list. That is, at least if a long flight and the chance of a more favorable exchange rate in the future aren’t enough to deter you, which should certainly be enough to make you think twice. Like other highly developed, affluent destinations, affordability declines sharply with increased discretionary spending, and even more so at this year’s exchange rate.

-3.55% — value growth in dollar since 2017