Cost of Living Comparison Between Seoul and Busan 
| Indices Difference |  |
|---|---|
| Consumer Prices in Busan are 12.3% lower than in Seoul (without rent) | |
| Consumer Prices Including Rent in Busan are 24.9% lower than in Seoul | |
| Rent Prices in Busan are 58.7% lower than in Seoul | |
| Restaurant Prices in Busan are 19.9% lower than in Seoul | |
| Groceries Prices in Busan are 14.5% lower than in Seoul | |
| Local Purchasing Power in Busan is 10.3% higher than in Seoul | |
Restaurants | Seoul Edit |
Busan Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 11,000.00 ₩ | 9,000.00 ₩ | -18.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 70,000.00 ₩ | 47,500.00 ₩ | -32.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8,000.00 ₩ | 7,500.00 ₩ | -6.2 % |
| Domestic Beer (1 pint draught) | 5,000.00 ₩ | 4,000.00 ₩ | -20.0 % |
| Imported Beer (12 oz small bottle) | 7,000.00 ₩ | 7,000.00 ₩ | 0.0 % |
| Cappuccino (regular) | 5,258.77 ₩ | 4,928.57 ₩ | -6.3 % |
| Coke/Pepsi (12 oz small bottle) | 2,069.53 ₩ | 1,775.00 ₩ | -14.2 % |
| Water (12 oz small bottle) | 1,115.38 ₩ | 1,187.50 ₩ | +6.5 % |
Markets | Seoul Edit |
Busan Edit | |
| Milk (regular), (1 gallon) | 11,117.39 ₩ | 10,599.16 ₩ | -4.7 % |
| Loaf of Fresh White Bread (1 lb) | 3,804.39 ₩ | 3,968.94 ₩ | +4.3 % |
| Rice (white), (1 lb) | 2,087.03 ₩ | 2,041.17 ₩ | -2.2 % |
| Eggs (regular) (12) | 4,439.82 ₩ | 4,185.00 ₩ | -5.7 % |
| Local Cheese (1 lb) | 7,454.70 ₩ | 7,144.09 ₩ | -4.2 % |
| Chicken Fillets (1 lb) | 6,457.02 ₩ | 4,082.34 ₩ | -36.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 24,404.64 ₩ | 17,009.73 ₩ | -30.3 % |
| Apples (1 lb) | 4,231.52 ₩ | 4,263.77 ₩ | +0.8 % |
| Banana (1 lb) | 2,133.64 ₩ | 1,837.05 ₩ | -13.9 % |
| Oranges (1 lb) | 3,501.09 ₩ | 3,748.79 ₩ | +7.1 % |
| Tomato (1 lb) | 3,683.97 ₩ | 2,794.13 ₩ | -24.2 % |
| Potato (1 lb) | 2,589.22 ₩ | 2,948.35 ₩ | +13.9 % |
| Onion (1 lb) | 1,920.12 ₩ | 1,700.97 ₩ | -11.4 % |
| Lettuce (1 head) | 3,323.75 ₩ | 2,500.00 ₩ | -24.8 % |
| Water (1.5 liter bottle) | 1,503.24 ₩ | 1,300.00 ₩ | -13.5 % |
| Bottle of Wine (Mid-Range) | 25,000.00 ₩ | 17,500.00 ₩ | -30.0 % |
| Domestic Beer (0.5 liter bottle) | 3,359.69 ₩ | 2,216.67 ₩ | -34.0 % |
| Imported Beer (12 oz small bottle) | 3,801.79 ₩ | 3,900.00 ₩ | +2.6 % |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | 4,500.00 ₩ | 0.0 % |
Transportation | Seoul Edit |
Busan Edit | |
| One-way Ticket (Local Transport) | 1,450.00 ₩ | 1,400.00 ₩ | -3.4 % |
| Monthly Pass (Regular Price) | 61,250.00 ₩ | 60,000.00 ₩ | -2.0 % |
| Taxi Start (Normal Tariff) | 4,800.00 ₩ | 4,800.00 ₩ | 0.0 % |
| Taxi 1 mile (Normal Tariff) | 1,609.34 ₩ | 1,931.21 ₩ | +20.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 12,000.00 ₩ | 22,500.00 ₩ | +87.5 % |
| Gasoline (1 gallon) | 6,359.53 ₩ | 6,115.07 ₩ | -3.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 37,731,000.00 ₩ | 37,731,000.00 ₩ | 0.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 34,450,892.86 ₩ | 34,000,000.00 ₩ | -1.3 % |
Utilities (Monthly) | Seoul Edit |
Busan Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 249,171.59 ₩ | 202,666.67 ₩ | -18.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 59,112.50 ₩ | 69,000.00 ₩ | +16.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 31,914.65 ₩ | 28,833.33 ₩ | -9.7 % |
Sports And Leisure | Seoul Edit |
Busan Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 71,439.39 ₩ | 63,333.33 ₩ | -11.3 % |
| Tennis Court Rent (1 Hour on Weekend) | 30,542.50 ₩ | 16,333.33 ₩ | -46.5 % |
| Cinema, International Release, 1 Seat | 15,000.00 ₩ | 13,000.00 ₩ | -13.3 % |
Childcare | Seoul Edit |
Busan Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 517,833.33 ₩ | 733,333.33 ₩ | +41.6 % |
| International Primary School, Yearly for 1 Child | 28,266,666.67 ₩ | 19,250,000.00 ₩ | -31.9 % |
Clothing And Shoes | Seoul Edit |
Busan Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 82,436.48 ₩ | 123,333.33 ₩ | +49.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 60,656.82 ₩ | 66,666.67 ₩ | +9.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 116,545.45 ₩ | 101,666.67 ₩ | -12.8 % |
| 1 Pair of Men Leather Business Shoes | 172,647.06 ₩ | 143,333.33 ₩ | -17.0 % |
Rent Per Month | Seoul Edit |
Busan Edit | |
| Apartment (1 bedroom) in City Centre | 1,185,068.29 ₩ | 557,142.86 ₩ | -53.0 % |
| Apartment (1 bedroom) Outside of Centre | 717,391.30 ₩ | 366,666.67 ₩ | -48.9 % |
| Apartment (3 bedrooms) in City Centre | 3,609,802.76 ₩ | 1,287,500.00 ₩ | -64.3 % |
| Apartment (3 bedrooms) Outside of Centre | 1,961,689.03 ₩ | 875,000.00 ₩ | -55.4 % |
Buy Apartment Price | Seoul Edit |
Busan Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 2,360,474.42 ₩ | 993,382.95 ₩ | -57.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,351,682.74 ₩ | 910,315.51 ₩ | -32.7 % |
Salaries And Financing | Seoul Edit |
Busan Edit | |
| Average Monthly Net Salary (After Tax) | 3,981,624.50 ₩ | 3,300,433.66 ₩ | -17.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.08 | 4.61 | -9.3 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 214 | 27 |
Moving to Seoul? Explore:
Moving to Busan? Explore:
Cities near Seoul: | Cost of Living in Bucheon | 14.63 miles |
| Cost of Living in Anyang | 16.48 miles |
| Cost of Living in Seongnam | 17.54 miles |
| Cost of Living in Uijeongbu | 17.54 miles |
| Cost of Living in Incheon | 19.09 miles |
| Cost of Living in Ilsan | 19.10 miles |
| Cost of Living in Gimpo | 19.16 miles |
| Cost of Living in Gunpo | 19.35 miles |
| Cost of Living in Suji-gu | 20.07 miles |
| Cost of Living in Yangju-si | 20.74 miles |
Cities near Busan: | Cost of Living in Ulsan | 33.89 miles |
| Cost of Living in Geoje | 45.61 miles |
| Cost of Living in Daegu | 67.00 miles |
| Cost of Living in Pohang | 81.12 miles |
| Cost of Living in Gumi | 96.90 miles |
| Cost of Living in Yeosu | 121.88 miles |
| Cost of Living in Daejeon | 162.57 miles |
| Cost of Living in Jeonju | 174.00 miles |
| Cost of Living in Pyeongtaek | 209.49 miles |
| Cost of Living in Suwon | 228.19 miles |