Cost of Living Comparison Between Melbourne and Busan 

Indices DifferenceInfo
Consumer Prices in Busan are 11.7% lower than in Melbourne (without rent)
Consumer Prices Including Rent in Busan are 32.5% lower than in Melbourne
Rent Prices in Busan are 71.3% lower than in Melbourne
Restaurant Prices in Busan are 48.9% lower than in Melbourne
Groceries Prices in Busan are 9.0% higher than in Melbourne
Local Purchasing Power in Busan is 11.5% lower than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Busan Edit Difference
Meal, Inexpensive Restaurant 25.00 A$
(22,394.30 ₩)
10.05 A$
(9,000.00 ₩)
     -59.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 110.00 A$
(98,534.91 ₩)
53.03 A$
(47,500.00 ₩)
     -51.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$
(13,436.58 ₩)
8.37 A$
(7,500.00 ₩)
     -44.2 %
Domestic Beer (1 pint draught) 10.00 A$
(8,957.72 ₩)
4.47 A$
(4,000.00 ₩)
     -55.3 %
Imported Beer (12 oz small bottle) 10.00 A$
(8,957.72 ₩)
7.81 A$
(7,000.00 ₩)
     -21.9 %
Cappuccino (regular) 5.17 A$
(4,634.55 ₩)
5.50 A$
(4,928.57 ₩)
     +6.3 %
Coke/Pepsi (12 oz small bottle) 3.91 A$
(3,502.02 ₩)
1.98 A$
(1,775.00 ₩)
     -49.3 %
Water (12 oz small bottle) 3.54 A$
(3,171.22 ₩)
1.33 A$
(1,187.50 ₩)
     -62.6 %
Markets
Melbourne Edit Busan Edit
Milk (regular), (1 gallon) 8.08 A$
(7,240.21 ₩)
11.83 A$
(10,599.16 ₩)
     +46.4 %
Loaf of Fresh White Bread (1 lb) 3.54 A$
(3,174.47 ₩)
4.43 A$
(3,968.94 ₩)
     +25.0 %
Rice (white), (1 lb) 1.49 A$
(1,338.58 ₩)
2.28 A$
(2,041.17 ₩)
     +52.5 %
Eggs (regular) (12) 5.71 A$
(5,118.91 ₩)
4.67 A$
(4,185.00 ₩)
     -18.2 %
Local Cheese (1 lb) 6.49 A$
(5,816.73 ₩)
7.98 A$
(7,144.09 ₩)
     +22.8 %
Chicken Fillets (1 lb) 5.87 A$
(5,254.54 ₩)
4.56 A$
(4,082.34 ₩)
     -22.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.50 A$
(7,609.96 ₩)
18.99 A$
(17,009.73 ₩)
     +123.5 %
Apples (1 lb) 2.05 A$
(1,839.38 ₩)
4.76 A$
(4,263.77 ₩)
     +131.8 %
Banana (1 lb) 1.72 A$
(1,543.89 ₩)
2.05 A$
(1,837.05 ₩)
     +19.0 %
Oranges (1 lb) 1.78 A$
(1,595.57 ₩)
4.18 A$
(3,748.79 ₩)
     +135.0 %
Tomato (1 lb) 2.40 A$
(2,153.33 ₩)
3.12 A$
(2,794.13 ₩)
     +29.8 %
Potato (1 lb) 1.51 A$
(1,355.77 ₩)
3.29 A$
(2,948.35 ₩)
     +117.5 %
Onion (1 lb) 1.47 A$
(1,319.99 ₩)
1.90 A$
(1,700.97 ₩)
     +28.9 %
Lettuce (1 head) 3.18 A$
(2,852.40 ₩)
2.79 A$
(2,500.00 ₩)
     -12.4 %
Water (1.5 liter bottle) 2.06 A$
(1,843.50 ₩)
1.45 A$
(1,300.00 ₩)
     -29.5 %
Bottle of Wine (Mid-Range) 18.25 A$
(16,347.84 ₩)
19.54 A$
(17,500.00 ₩)
     +7.0 %
Domestic Beer (0.5 liter bottle) 7.24 A$
(6,487.72 ₩)
2.47 A$
(2,216.67 ₩)
     -65.8 %
Imported Beer (12 oz small bottle) 8.50 A$
(7,612.03 ₩)
4.35 A$
(3,900.00 ₩)
     -48.8 %
Cigarettes 20 Pack (Marlboro) 45.00 A$
(40,309.74 ₩)
5.02 A$
(4,500.00 ₩)
     -88.8 %
Transportation
Melbourne Edit Busan Edit
One-way Ticket (Local Transport) 5.30 A$
(4,747.59 ₩)
1.56 A$
(1,400.00 ₩)
     -70.5 %
Monthly Pass (Regular Price) 190.80 A$
(170,913.28 ₩)
66.98 A$
(60,000.00 ₩)
     -64.9 %
Taxi Start (Normal Tariff) 5.50 A$
(4,926.75 ₩)
5.36 A$
(4,800.00 ₩)
     -2.6 %
Taxi 1 mile (Normal Tariff) 4.83 A$
(4,324.82 ₩)
2.16 A$
(1,931.21 ₩)
     -55.3 %
Taxi 1hour Waiting (Normal Tariff) 39.48 A$
(35,365.08 ₩)
25.12 A$
(22,500.00 ₩)
     -36.4 %
Gasoline (1 gallon) 7.27 A$
(6,511.36 ₩)
6.83 A$
(6,115.07 ₩)
     -6.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 40,500.00 A$
(36,278,762.70 ₩)
42,121.21 A$
(37,731,000.00 ₩)
     +4.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,701.29 A$
(29,292,893.44 ₩)
37,956.09 A$
(34,000,000.00 ₩)
     +16.1 %
Utilities (Monthly)
Melbourne Edit Busan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 266.76 A$
(238,955.92 ₩)
226.25 A$
(202,666.67 ₩)
     -15.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.82 A$
(37,459.55 ₩)
77.03 A$
(69,000.00 ₩)
     +84.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.25 A$
(72,781.47 ₩)
32.19 A$
(28,833.33 ₩)
     -60.4 %
Sports And Leisure
Melbourne Edit Busan Edit
Fitness Club, Monthly Fee for 1 Adult 81.59 A$
(73,088.35 ₩)
70.70 A$
(63,333.33 ₩)
     -13.3 %
Tennis Court Rent (1 Hour on Weekend) 24.14 A$
(21,620.68 ₩)
18.23 A$
(16,333.33 ₩)
     -24.5 %
Cinema, International Release, 1 Seat 22.00 A$
(19,706.98 ₩)
14.51 A$
(13,000.00 ₩)
     -34.0 %
Childcare
Melbourne Edit Busan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,415.06 A$
(2,163,338.95 ₩)
818.66 A$
(733,333.33 ₩)
     -66.1 %
International Primary School, Yearly for 1 Child 28,987.50 A$
(25,966,188.49 ₩)
21,489.85 A$
(19,250,000.00 ₩)
     -25.9 %
Clothing And Shoes
Melbourne Edit Busan Edit
1 Pair of Jeans (Levis 501 Or Similar) 123.73 A$
(110,831.42 ₩)
137.68 A$
(123,333.33 ₩)
     +11.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 81.69 A$
(73,171.82 ₩)
74.42 A$
(66,666.67 ₩)
     -8.9 %
1 Pair of Nike Running Shoes (Mid-Range) 161.97 A$
(145,088.54 ₩)
113.50 A$
(101,666.67 ₩)
     -29.9 %
1 Pair of Men Leather Business Shoes 180.52 A$
(161,704.75 ₩)
160.01 A$
(143,333.33 ₩)
     -11.4 %
Rent Per Month
Melbourne Edit Busan Edit
Apartment (1 bedroom) in City Centre 2,461.59 A$
(2,205,025.52 ₩)
621.97 A$
(557,142.86 ₩)
     -74.7 %
Apartment (1 bedroom) Outside of Centre 1,953.54 A$
(1,749,925.36 ₩)
409.33 A$
(366,666.67 ₩)
     -79.0 %
Apartment (3 bedrooms) in City Centre 4,690.00 A$
(4,201,170.30 ₩)
1,437.31 A$
(1,287,500.00 ₩)
     -69.4 %
Apartment (3 bedrooms) Outside of Centre 2,908.55 A$
(2,605,398.96 ₩)
976.81 A$
(875,000.00 ₩)
     -66.4 %
Buy Apartment Price
Melbourne Edit Busan Edit
Price per Square Feet to Buy Apartment in City Centre 1,220.14 A$
(1,092,963.39 ₩)
1,106.33 A$
(991,023.67 ₩)
     -9.3 %
Price per Square Feet to Buy Apartment Outside of Centre 993.19 A$
(889,670.97 ₩)
1,012.23 A$
(906,726.49 ₩)
     +1.9 %
Salaries And Financing
Melbourne Edit Busan Edit
Average Monthly Net Salary (After Tax) 6,162.27 A$
(5,519,990.48 ₩)
3,681.26 A$
(3,297,567.96 ₩)
     -40.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 4.61      -30.2 %
Last update: May 2024April 2024
Contributors in the past 12 months:40827