Cost of Living Comparison Between Busan and Seoul 

Indices DifferenceInfo
Consumer Prices in Seoul are 13.0% higher than in Busan (without rent)
Consumer Prices Including Rent in Seoul are 33.0% higher than in Busan
Rent Prices in Seoul are 148.1% higher than in Busan
Restaurant Prices in Seoul are 23.1% higher than in Busan
Groceries Prices in Seoul are 16.9% higher than in Busan
Local Purchasing Power in Seoul is 9.9% 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 ₩ 8,000.00 ₩      +6.7 %
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) 5,062.50 ₩ 5,266.07 ₩      +4.0 %
Coke/Pepsi (12 oz small bottle) 1,775.00 ₩ 2,152.75 ₩      +21.3 %
Water (12 oz small bottle) 1,037.50 ₩ 1,093.03 ₩      +5.4 %
Markets
Busan Edit Seoul Edit
Milk (regular), (1 gallon) 10,457.20 ₩ 11,081.03 ₩      +6.0 %
Loaf of Fresh White Bread (1 lb) 3,968.94 ₩ 3,783.95 ₩      -4.7 %
Rice (white), (1 lb) 2,041.17 ₩ 2,111.16 ₩      +3.4 %
Eggs (regular) (12) 4,185.00 ₩ 4,481.01 ₩      +7.1 %
Local Cheese (1 lb) 7,144.09 ₩ 7,210.02 ₩      +0.9 %
Chicken Fillets (1 lb) 4,082.34 ₩ 6,340.20 ₩      +55.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 17,009.73 ₩ 24,561.26 ₩      +44.4 %
Apples (1 lb) 4,263.77 ₩ 4,152.23 ₩      -2.6 %
Banana (1 lb) 1,837.05 ₩ 2,167.76 ₩      +18.0 %
Oranges (1 lb) 3,748.79 ₩ 3,620.49 ₩      -3.4 %
Tomato (1 lb) 2,794.13 ₩ 3,668.94 ₩      +31.3 %
Potato (1 lb) 2,948.35 ₩ 2,572.00 ₩      -12.8 %
Onion (1 lb) 1,700.97 ₩ 1,938.73 ₩      +14.0 %
Lettuce (1 head) 2,625.00 ₩ 3,315.74 ₩      +26.3 %
Water (1.5 liter bottle) 1,300.00 ₩ 1,527.68 ₩      +17.5 %
Bottle of Wine (Mid-Range) 17,500.00 ₩ 25,000.00 ₩      +42.9 %
Domestic Beer (0.5 liter bottle) 2,216.67 ₩ 3,384.68 ₩      +52.7 %
Imported Beer (12 oz small bottle) 3,900.00 ₩ 3,886.50 ₩      -0.3 %
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 ₩ 60,500.00 ₩      +0.8 %
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 ₩ 33,894,531.25 ₩      -0.3 %
Utilities (Monthly)
Busan Edit Seoul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 202,666.67 ₩ 243,171.59 ₩      +20.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 69,000.00 ₩ 59,434.21 ₩      -13.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28,833.33 ₩ 32,384.36 ₩      +12.3 %
Sports And Leisure
Busan Edit Seoul Edit
Fitness Club, Monthly Fee for 1 Adult 63,333.33 ₩ 69,621.21 ₩      +9.9 %
Tennis Court Rent (1 Hour on Weekend) 16,333.33 ₩ 24,637.78 ₩      +50.8 %
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 ₩ 27,654,545.45 ₩      +43.7 %
Clothing And Shoes
Busan Edit Seoul Edit
1 Pair of Jeans (Levis 501 Or Similar) 123,333.33 ₩ 79,325.73 ₩      -35.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 76,333.33 ₩ 58,898.11 ₩      -22.8 %
1 Pair of Nike Running Shoes (Mid-Range) 101,666.67 ₩ 116,545.45 ₩      +14.6 %
1 Pair of Men Leather Business Shoes 143,333.33 ₩ 167,039.67 ₩      +16.5 %
Rent Per Month
Busan Edit Seoul Edit
Apartment (1 bedroom) in City Centre 557,142.86 ₩ 1,171,003.02 ₩      +110.2 %
Apartment (1 bedroom) Outside of Centre 366,666.67 ₩ 713,244.92 ₩      +94.5 %
Apartment (3 bedrooms) in City Centre 1,287,500.00 ₩ 3,659,865.07 ₩      +184.3 %
Apartment (3 bedrooms) Outside of Centre 875,000.00 ₩ 2,112,870.19 ₩      +141.5 %
Buy Apartment Price
Busan Edit Seoul Edit
Price per Square Feet to Buy Apartment in City Centre 996,533.05 ₩ 2,397,418.57 ₩      +140.6 %
Price per Square Feet to Buy Apartment Outside of Centre 915,107.55 ₩ 1,373,686.32 ₩      +50.1 %
Salaries And Financing
Busan Edit Seoul Edit
Average Monthly Net Salary (After Tax) 3,304,259.93 ₩ 3,958,368.66 ₩      +19.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.61 5.06      +9.8 %
Last update: April 2024April 2024
Contributors in the past 12 months:27211