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Cost of Living in Busan, South Korea

Prices in Busan

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IndexInfo
Consumer Price Index (Excl.Rent): 93.68
Rent Index: 25.22
Groceries Index: 106.40
Restaurants Index: 52.91
Consumer Price Plus Rent Index: 60.28
Local Purchasing Power: 69.21

Currency: Default Currency      Switch to imperial measurement units
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Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 7,000.00 ₩
5,500.00
8,592.26
Meal for 2, Mid-range Restaurant, Three-course 36,500.00 ₩
22,000.00
60,000.00
Combo Meal at McDonalds or Similar 6,000.00 ₩
5,300.00
6,000.00
Domestic Beer (0.5 liter draught) 3,000.00 ₩
2,500.00
3,000.00
Imported Beer (0.33 liter bottle) 5,000.00 ₩
3,007.29
6,000.00
Cappuccino (regular) 4,050.00 ₩
3,000.00
4,800.00
Coke/Pepsi (0.33 liter bottle) 1,275.00 ₩
1,200.00
1,500.00
Water (0.33 liter bottle) 650.00 ₩
500.00
800.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 2,440.00 ₩
2,300.00
2,500.00
Loaf of Fresh White Bread (500g) 2,750.00 ₩
2,200.00
3,800.00
Rice (white), (1kg) 4,350.00 ₩
2,500.00
6,000.00
Eggs (12) 3,300.00 ₩
2,800.00
4,000.00
Local Cheese (1kg) 27,500.00 ₩
25,000.00
30,000.00
Chicken Breasts (Boneless, Skinless), (1kg) 8,380.00 ₩
6,000.00
10,000.00
Apples (1kg) 5,000.00 ₩
5,000.00
5,000.00
Oranges (1kg) 5,000.00 ₩
5,000.00
5,000.00
Tomato (1kg) 4,500.00 ₩
4,000.00
5,000.00
Potato (1kg) 4,000.00 ₩
4,000.00
4,000.00
Lettuce (1 head) 2,500.00 ₩
2,000.00
3,000.00
Water (1.5 liter bottle) 1,350.00 ₩
1,000.00
1,700.00
Bottle of Wine (Mid-Range) 15,000.00 ₩
14,000.00
22,000.00
Domestic Beer (0.5 liter bottle) 2,020.00 ₩
1,500.00
3,000.00
Imported Beer (0.33 liter bottle) 3,740.00 ₩
3,000.00
5,000.00
Pack of Cigarettes (Marlboro) 2,700.00 ₩
2,500.00
2,700.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 1,400.00 ₩
1,200.00
1,500.00
Monthly Pass (Regular Price) 120,000.00 ₩
120,000.00
150,000.00
Taxi Start (Normal Tariff) 2,700.00 ₩
2,500.00
2,800.00
Taxi 1km (Normal Tariff) 2,000.00 ₩
1,000.00
2,200.00
Taxi 1hour Waiting (Normal Tariff) 20,000.00 ₩
10,590.00
30,000.00
Gasoline (1 liter) 1,905.00 ₩
1,800.00
2,000.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000,000.00 ₩
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 146,418.92 ₩
100,000.00
275,675.68
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 333.33 ₩
120.00
500.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 26,750.00 ₩
20,000.00
35,000.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 62,000.00 ₩
50,000.00
80,000.00
Tennis Court Rent (1 Hour on Weekend) 28,500.00 ₩
20,000.00
37,000.00
Cinema, International Release, 1 Seat 9,000.00 ₩
8,000.00
9,000.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 83,000.00 ₩
60,000.00
100,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 66,250.00 ₩
50,000.00
80,000.00
1 Pair of Nike Shoes 121,250.00 ₩
100,000.00
136,000.00
1 Pair of Men Leather Shoes 180,000.00 ₩
150,000.00
220,000.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 700,000.00 ₩
500,000.00
1,000,000.00
Apartment (1 bedroom) Outside of Centre 486,666.67 ₩
360,000.00
600,000.00
Apartment (3 bedrooms) in City Centre 1,333,333.33 ₩
800,000.00
2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,000,000.00 ₩
700,000.00
1,200,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 7,366,666.67 ₩
6,500,000.00
7,800,000.00
Price per Square Meter to Buy Apartment Outside of Centre 5,900,000.00 ₩
4,800,000.00
7,000,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 1,900,000.00 ₩
1,500,000.00
2,100,000.00
Mortgage Interest Rate in Percentages (%), Yearly 3.00
1.00
5.00

These data are based on 312 entries in the past 18 months from 23 different contributors.

Last update: May, 2014

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3 Comments so far

#Gamil Noor on Jun 17, 2014 :
I love Busan,Korea tooooo much I worked before with GL Korea for 8 years with my all family in Haeyundea area beside the Talmaji.
Now I return back to home Aden,Yemen my all children stady in Busan int.n school before .
I would like to stay and get visa to stay lone time after I that Iwill buy house with my own money,
because I want to save my family in Korea after where is korean peoples v.v kindness , & I have too much Korean friends i miss them, Now I working In Yemen 1 month work & 1 month vacation,please could I got some information about that, before I have Korea ID and my all family,
I don"t have any claim or any case with police office or any place I am peace man with my family
Yours brothers aways Gamil A.M Yousef Noor
#MJ on Dec 23, 2013 :
Man, i got an offer just half as yours. Take it!
#samir chaudhari on Oct 30, 2013 :
i am getting an offer of 4000 USD and am staying single in busan keeping my family in my country (India). is the salary ok? how much is the expense for single person?

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