Studying in New Zealand vs. South Korea
New Zealand and South Korea are both popular study destinations — but the price tag, visa rules, and currency differ. We pulled the numbers from our cost calculator: monthly living averages €770 in New Zealand and €679 in South Korea.
Side-by-side comparison
Verdict
Cheaper tuition
South Korea
Cheaper monthly living
South Korea
Lower visa proof of funds
South Korea
Side-by-side comparison
New Zealand
South Korea
Currency
NZD (NZ$)
KRW (₩)
Public tuition (annual)
NZ$28,000
≈ €14,174 / yr
₩8,000,000
≈ €5,098 / yr
Private tuition (annual)
NZ$35,000
≈ €17,717 / yr
₩12,000,000
≈ €7,646 / yr
Monthly living (city avg)
NZ$1,521 / mo
≈ €770 / mo
₩1,066,250 / mo
≈ €679 / mo
Visa proof of funds
NZ$20,000
Living costs proof (annual)
₩13,000,000
Bank balance proof (D-2 visa)
Cities tracked
Auckland, Wellington, Christchurch, Dunedin
Seoul, Busan, Daejeon, Daegu
Figures are 2026 reference estimates from our cost calculator. Actual costs vary by city, program, and lifestyle.