The average monthly rent for a sub-40sqm co-living unit in Seoul stands at 1.13 million won--about 1.5 times higher than the average officetel, Korea's hybrid residential-commercial studio apartment.

“Commuting by subway from home to school and back costs 3,100 Korean won per day. I eat breakfast and dinner at home, and have lunch for 4,000 Korean won at the school cafeteria. I also make coffee at ...

Recent indicators suggest that the Korean economy is far from experiencing stagflation. But rising living costs, weakening ...