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2026 Lunar New Year Travel Cost Guide: KTX vs Car vs Bus — Which Is Cheapest?

Worried about Lunar New Year travel costs? Compare KTX, driving, and express bus fares by route at a glance, plus money-saving tips. Use CalKit's auto calculators to estimate your trip cost.

The 2026 Lunar New Year (Seollal) holiday is just around the corner. One of the biggest recurring questions every year is which transportation to take for the homecoming trip. KTX is fast but expensive, driving seems cheaper but toll fees and gas add up quickly. So which option is actually the most economical?

In this guide, we compare the actual costs of KTX, driving, and express buses by route based on 2026 data, plus share practical tips to save on transportation costs.

1. 2026 Seollal Travel Overview

The 2026 Seollal holiday runs from February 16 (Mon) to February 18 (Wed), extending to a maximum 5-day break from February 14 (Sat) through February 18 (Wed) when including the weekend. According to the Korea Transport Institute, an estimated 32 million people are expected to travel for the holiday, a slight increase from the previous year.

CategoryFigure
Expected travelersApprox. 32 million
Private vehicle usage~75.8%
KTX/SRT usage~10.2%
Express/intercity bus~8.5%
Air travel~3.1%
Other~2.4%

Key highlights for the 2026 Seollal travel period:

  • Toll-free highways: Highway tolls are waived during the holiday period (Feb 15 00:00 – Feb 18 24:00).
  • Rising fuel prices: Gasoline averages ~1,650 KRW/L, up ~3% from last year due to global oil price increases.
  • KTX fare freeze: KTX fares remain the same as 2025.
  • Extra trains: About 200 additional KTX/SRT trains will run during the holiday period.

2. KTX/SRT Cost Analysis

KTX and SRT are the fastest options for holiday travel. Below are the standard one-way economy class fares for major routes in 2026.

RouteKTX StandardKTX FirstSRT StandardTravel Time
Seoul → Busan59,800 KRW83,700 KRW52,600 KRW2h 30m
Seoul → Gwangju45,500 KRW63,700 KRW40,900 KRW1h 50m
Seoul → Daejeon23,700 KRW33,200 KRW21,300 KRW50m
Seoul → Daegu43,500 KRW60,900 KRW39,600 KRW1h 40m
Seoul → Ulsan55,500 KRW77,700 KRW-2h 10m
Seoul → Mokpo50,400 KRW70,600 KRW-2h 20m

KTX/SRT discount tips:

  • Early booking: Up to 10% off when booking 2 weeks in advance
  • Group discount: 15% off for groups of 10+
  • Child discount: 50% off for ages 6-12
  • Senior discount: 30% off KTX for ages 65+
  • Youth discount: 10-20% off SRT for ages 13-24
  • Round-trip discount: 10% off return ticket when booking both ways (SRT)

3. Driving Cost Breakdown

Driving costs consist of fuel + toll fees. During Seollal, highway tolls are waived, making driving significantly cheaper. Below is a comparison with and without toll fees.

Assumptions: Fuel efficiency 12km/L, gasoline 1,650 KRW/L

RouteDistanceFuel CostToll
(normal)
Total
(toll-free)
Total
(with tolls)
Seoul → Busan400km55,00028,80055,00083,800
Seoul → Gwangju330km45,38018,90045,38064,280
Seoul → Daejeon160km22,00010,60022,00032,600
Seoul → Daegu300km41,25020,40041,25061,650
Seoul → Ulsan370km50,88026,20050,88077,080
Seoul → Mokpo370km50,88021,30050,88072,180
🧮 Driving Cost Calculator Calculate fuel costs by distance and efficiency

4. Express Bus Fare Comparison

Express buses are the most budget-friendly public transportation option. Here are one-way fares for major routes.

RouteStandardDeluxePremiumTravel Time
Seoul → Busan27,60040,90047,5004h 10m
Seoul → Gwangju20,50030,40035,2003h 30m
Seoul → Daejeon11,20016,600-1h 50m
Seoul → Daegu21,70032,20037,3003h 20m
Seoul → Ulsan26,10038,700-3h 50m
Seoul → Mokpo23,40034,700-3h 40m

5. Total Cost Comparison Table (Key Section!)

Here is the most important comparison. Using the Seoul → Busan route as a benchmark, here is a one-way cost comparison at a glance.

TransportOne-way (1 person)Round-tripTravel TimeNotes
KTX Standard59,800119,6002h 30mFastest
SRT Standard52,600105,2002h 30mDeparts Suseo
Car (1 person)55,000110,0004-7hToll-free during holiday
Car (4 people, per person)13,75027,5004-7hCheapest with 4!
Standard Express Bus27,60055,2004h 10mCheapest solo
Deluxe Express Bus40,90081,8004h 10mWider seats

💡 Key Takeaways

  • Solo traveler: Standard express bus is most economical (27,600 KRW)
  • 2 people: Driving cost per person (~27,500 KRW) is comparable to bus
  • Family of 4: Driving is overwhelmingly the best value (~13,750 KRW per person)
  • Time priority: KTX is fastest (2h 30m)

6. 7 Money-Saving Tips for Holiday Travel

1
Book KTX/SRT early
Holiday tickets go on sale about 1 month in advance. Book on the first day for up to 10% off and the best seat selection.
2
Install a Hi-Pass transponder
Even during toll-free holidays, Hi-Pass lanes save 10-30 minutes at toll booths compared to regular lanes during peak congestion.
3
Practice eco-driving
Avoid sudden acceleration/braking and maintain steady speed (80-100 km/h) to improve fuel efficiency by 15-20%. Check tire pressure before departure too.
4
Carpool to split costs
With 4 passengers, the per-person cost drops to about 1/4 of KTX fare. Seoul→Busan comes to just ~13,750 KRW per person.
5
Use self-service stations + fuel discount cards
Self-service pumps save 50-100 KRW/L. Combined with fuel discount credit cards (60-150 KRW/L off), you can save 3,000-5,000 KRW on a Seoul→Busan trip.
6
Time your departure wisely
Avoid peak hours (7-10 AM). Departing at dawn (4-6 AM) or after 3 PM can help you avoid traffic. Fuel efficiency drops 30-50% in heavy congestion.
7
Maximize tax deductions on public transit
Public transportation expenses (KTX, buses) qualify for an 80% income deduction rate for year-end tax settlement, compared to 15% for regular credit card spending.

7. EV Travel Cost Comparison

How much can you save by driving an electric vehicle for the holiday? Here is a comparison with conventional cars.

CategoryGas CarEV
Vehicle typeMid-size sedan (12 km/L)Mid-size EV (5.5 km/kWh)
Energy cost1,650 KRW/L350 KRW/kWh (fast charge)
Seoul→Busan one-way55,000 KRW25,450 KRW
Seoul→Busan round-trip110,000 KRW50,900 KRW
Savings (round-trip)-~59,100 KRW saved

EV travel considerations:

  • Charging wait times: During holidays, expect 30-60+ minute waits at highway rest stop fast chargers.
  • Winter range loss: Battery efficiency drops 20-30% in sub-zero temperatures — plan extra charging stops.
  • Check charger locations: Verify charger availability along your route before departure.
  • Use slow charging: Level 2 charging at your destination (~200 KRW/kWh) further reduces costs.
🔋 EV Charging Cost Calculator Compare EV charging costs vs gasoline

8. Post-Trip Vehicle Checklist

After a long-distance trip, vehicle maintenance is essential. Here are the key items to check.

01 Engine Oil

  • Check oil level with dipstick (between L and F marks)
  • Check color — black indicates it's time for a change
  • Consider early oil change if you drove 800km+ round-trip

02 Tire Condition

  • Check tire pressure (within ±10% of recommended PSI)
  • Inspect tread depth — use the coin test
  • Look for embedded nails, glass, or other debris

03 Brakes

  • Check for unusual sounds or vibrations when braking
  • Verify brake fluid level
  • Inspect brake pad wear

04 Coolant & Washer Fluid

  • Check coolant reservoir level
  • Refill washer fluid with anti-freeze formula
  • Verify antifreeze concentration (rated for -20°C or below)

05 Car Wash & Undercarriage

  • Wash undercarriage to remove de-icing salt (calcium chloride) and prevent corrosion
  • Exterior wash and interior cleaning after long trip
  • Check wiper blade condition

Conclusion

For 2026 Seollal travel, the best choice depends on how many people you're traveling with. Solo travelers save most with express buses. Groups of 2+ benefit from driving. If time is your priority, KTX wins. Whatever you choose, planning ahead and calculating costs in advance helps avoid unnecessary spending.

Use CalKit's auto calculators to estimate your trip costs and make the most economical choice. Have a safe and happy Seollal!

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