Cost of Living Comparison Between Busan and Seoul 

Indices DifferenceInfo
Cost of Living in Seoul is 13.4% higher than in Busan (without rent)
Cost of Living Including Rent in Seoul is 32.4% higher than in Busan
Rent Prices in Seoul are 141.7% higher than in Busan
Restaurant Prices in Seoul are 23.5% higher than in Busan
Groceries Prices in Seoul are 16.7% higher than in Busan
Local Purchasing Power in Seoul is 6.9% lower than in Busan
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Busan Edit Seoul Edit Difference
Meal, Inexpensive Restaurant 9,000.00 ₩ 10,500.00 ₩      +16.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 47,500.00 ₩ 70,000.00 ₩      +47.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 7,500.00 ₩ 8,200.00 ₩      +9.3 %
Domestic Beer (1 pint draught) 4,000.00 ₩ 5,000.00 ₩      +25.0 %
Imported Beer (12 oz small bottle) 7,000.00 ₩ 7,000.00 ₩      0.0 %
Cappuccino (regular) 4,928.57 ₩ 5,245.40 ₩      +6.4 %
Coke/Pepsi (12 oz small bottle) 1,775.00 ₩ 2,082.81 ₩      +17.3 %
Water (12 oz small bottle) 1,187.50 ₩ 1,106.00 ₩      -6.9 %
Markets
Busan Edit Seoul Edit
Milk (regular), (1 gallon) 10,599.16 ₩ 11,058.54 ₩      +4.3 %
Loaf of Fresh White Bread (1 lb) 3,968.94 ₩ 3,803.45 ₩      -4.2 %
Rice (white), (1 lb) 2,041.17 ₩ 2,056.03 ₩      +0.7 %
Eggs (regular) (12) 4,185.00 ₩ 4,392.94 ₩      +5.0 %
Local Cheese (1 lb) 7,144.09 ₩ 7,367.24 ₩      +3.1 %
Chicken Fillets (1 lb) 4,082.34 ₩ 6,489.30 ₩      +59.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 17,009.73 ₩ 24,254.88 ₩      +42.6 %
Apples (1 lb) 4,263.77 ₩ 4,244.56 ₩      -0.5 %
Banana (1 lb) 1,837.05 ₩ 2,173.30 ₩      +18.3 %
Oranges (1 lb) 3,748.79 ₩ 3,461.24 ₩      -7.7 %
Tomato (1 lb) 2,794.13 ₩ 3,631.05 ₩      +30.0 %
Potato (1 lb) 2,948.35 ₩ 2,604.25 ₩      -11.7 %
Onion (1 lb) 1,700.97 ₩ 1,939.58 ₩      +14.0 %
Lettuce (1 head) 2,500.00 ₩ 3,309.85 ₩      +32.4 %
Water (1.5 liter bottle) 1,300.00 ₩ 1,537.64 ₩      +18.3 %
Bottle of Wine (Mid-Range) 17,500.00 ₩ 25,000.00 ₩      +42.9 %
Domestic Beer (0.5 liter bottle) 2,216.67 ₩ 3,410.88 ₩      +53.9 %
Imported Beer (12 oz small bottle) 3,900.00 ₩ 3,995.69 ₩      +2.5 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00 ₩      0.0 %
Transportation
Busan Edit Seoul Edit
One-way Ticket (Local Transport) 1,400.00 ₩ 1,450.00 ₩      +3.6 %
Monthly Pass (Regular Price) 60,000.00 ₩ 61,500.00 ₩      +2.5 %
Taxi Start (Normal Tariff) 4,800.00 ₩ 4,800.00 ₩      0.0 %
Taxi 1 mile (Normal Tariff) 1,931.21 ₩ 1,609.34 ₩      -16.7 %
Taxi 1hour Waiting (Normal Tariff) 22,500.00 ₩ 12,000.00 ₩      -46.7 %
Gasoline (1 gallon) 6,115.07 ₩ 6,359.53 ₩      +4.0 %
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) 34,000,000.00 ₩ 34,450,892.86 ₩      +1.3 %
Utilities (Monthly)
Busan Edit Seoul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 202,666.67 ₩ 245,357.30 ₩      +21.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 69,000.00 ₩ 56,773.81 ₩      -17.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28,833.33 ₩ 31,908.38 ₩      +10.7 %
Sports And Leisure
Busan Edit Seoul Edit
Fitness Club, Monthly Fee for 1 Adult 63,333.33 ₩ 71,439.39 ₩      +12.8 %
Tennis Court Rent (1 Hour on Weekend) 16,333.33 ₩ 30,542.50 ₩      +87.0 %
Cinema, International Release, 1 Seat 13,000.00 ₩ 15,000.00 ₩      +15.4 %
Childcare
Busan Edit Seoul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 733,333.33 ₩ 517,833.33 ₩      -29.4 %
International Primary School, Yearly for 1 Child 19,250,000.00 ₩ 28,266,666.67 ₩      +46.8 %
Clothing And Shoes
Busan Edit Seoul Edit
1 Pair of Jeans (Levis 501 Or Similar) 123,333.33 ₩ 79,371.18 ₩      -35.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 66,666.67 ₩ 58,120.33 ₩      -12.8 %
1 Pair of Nike Running Shoes (Mid-Range) 101,666.67 ₩ 117,565.22 ₩      +15.6 %
1 Pair of Men Leather Business Shoes 143,333.33 ₩ 168,630.24 ₩      +17.6 %
Rent Per Month
Busan Edit Seoul Edit
Apartment (1 bedroom) in City Centre 557,142.86 ₩ 1,170,389.59 ₩      +110.1 %
Apartment (1 bedroom) Outside of Centre 366,666.67 ₩ 716,666.67 ₩      +95.5 %
Apartment (3 bedrooms) in City Centre 1,287,500.00 ₩ 3,610,278.88 ₩      +180.4 %
Apartment (3 bedrooms) Outside of Centre 875,000.00 ₩ 1,962,012.23 ₩      +124.2 %
Buy Apartment Price
Busan Edit Seoul Edit
Price per Square Feet to Buy Apartment in City Centre 991,590.44 ₩ 2,360,315.03 ₩      +138.0 %
Price per Square Feet to Buy Apartment Outside of Centre 907,588.68 ₩ 1,351,436.92 ₩      +48.9 %
Salaries And Financing
Busan Edit Seoul Edit
Average Monthly Net Salary (After Tax) 3,298,256.38 ₩ 4,066,938.91 ₩      +23.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.61 5.08      +10.2 %
Last update: April 2024May 2024
Contributors in the past 12 months:27224