Verified Facts

Official NameDemocratic People's Republic of Korea
CapitalPyongyang
Population25.9 million
Area120,538 km² (46,540 sq mi)
LanguagesKorean
CurrencyNorth Korean won (â‚©)
TimezoneUTC+09:00
RegionAsia / Eastern Asia
Drives onRight
Source: REST Countries API

Quick Facts

Cost LevelExpensive
Daily Budget (Backpacker)$50-100 USD
Daily Budget (Mid-Range)$150-300 USD
Daily Budget (Comfort)$300-500 USD
CurrencyKPW
Tipping Customnot expected

How Expensive Is North Korea?

North Korea is considered one of the most expensive countries to visit in the world. Due to its isolated economy and limited tourist infrastructure, prices for accommodation, food, and transportation are relatively high compared to other countries in Asia. The cost of living in North Korea is also affected by the country's strict regulations and limited access to foreign currency, making it challenging for tourists to budget their expenses. Compared to its neighbors, South Korea and China, North Korea is significantly more expensive, especially when it comes to accommodation and food.

The high cost of living in North Korea is also due to the country's unique political and economic system. The government tightly controls the economy, and the lack of competition and private enterprise leads to high prices and limited availability of goods and services. Additionally, the country's limited infrastructure and lack of modern amenities make it difficult for tourists to find affordable options for accommodation, food, and transportation.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$20-50basic facilities, limited availability
Mid-Range Hotel$100-200decent facilities, but often outdated
Luxury/Resort$300-500high-end facilities, but limited options
Apartment Rent (monthly)$500-1000city center, limited availability

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$5-10
Casual Restaurant$15-30
Mid-Range Restaurant (2 people)$30-50
Fine Dining$50-100
Beer (local)$5-10
Coffee$10-20
Water (1.5L bottle)$2-5

Transport Costs

TransportCost (USD)
Local bus/metro ride$1-2
Taxi (per km)$5-10
Domestic flight$100-200
Fuel (per liter)$1-2

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent50010002000
Food3006001000
Transport100200300
Utilities50100200
Entertainment100200500
Total105021004000

Money-Saving Tips

  • Plan your trip carefully and book your accommodation and transportation in advance to avoid high prices and limited availability.
  • Consider staying in a hostel or budget hotel instead of a luxury hotel to save money.
  • Eat at local eateries or street food stalls instead of mid-range or fine dining restaurants.
  • Use public transportation instead of taxis to get around.
  • Avoid exchanging money at the airport or hotels, as the rates are often unfavorable.
  • Bring a portable Wi-Fi hotspot or purchase a local SIM card to stay connected and avoid high roaming charges.

It's also important to note that the cost of living in North Korea can vary greatly depending on the location and the time of year. The capital city, Pyongyang, is generally more expensive than other parts of the country, and prices tend to be higher during peak travel seasons. Additionally, the country's strict regulations and limited access to foreign currency can make it challenging for tourists to budget their expenses and find affordable options for accommodation, food, and transportation.