Cost of Living Comparison Between London and Busan 
| Indices Difference |  |
|---|---|
| Cost of Living in Busan is 32.9% lower than in London (excluding rent) | |
| Cost of Living Including Rent in Busan is 51.4% lower than in London | |
| Rent Prices in Busan are 80.8% lower than in London | |
| Restaurant Prices in Busan are 60.5% lower than in London | |
| Groceries Prices in Busan are 10.0% higher than in London | |
| Local Purchasing Power in Busan is 8.3% higher than in London | |
Restaurants | London Edit |
Busan Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
£20.00 (₩40,770.51) |
£4.91 (₩10,000.00) |
-75.5 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
£80.00 (₩163,082.02) |
£31.89 (₩65,000.00) |
-60.1 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
£8.00 (₩16,308.20) |
£4.37 (₩8,900.00) |
-45.4 % |
| Domestic Draft Beer (1 Pint) |
£7.00 (₩14,269.68) |
£2.45 (₩5,000.00) |
-65.0 % |
| Imported Beer (12 oz Small Bottle) |
£6.25 (₩12,740.78) |
£2.83 (₩5,777.29) |
-54.7 % |
| Cappuccino (Regular Size) |
£4.14 (₩8,431.07) |
£2.48 (₩5,045.46) |
-40.2 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
£2.21 (₩4,513.88) |
£1.22 (₩2,495.46) |
-44.7 % |
| Bottled Water (12 oz) |
£1.64 (₩3,340.92) |
£0.93 (₩1,900.00) |
-43.1 % |
Markets | London Edit |
Busan Edit | |
| Milk (Regular, 1 Liter) |
£1.42 (₩2,894.71) |
£1.56 (₩3,172.84) |
+9.6 % |
| Fresh White Bread (1 lb Loaf) |
£1.50 (₩3,066.13) |
£1.89 (₩3,855.54) |
+25.7 % |
| White Rice (1 lb) |
£0.85 (₩1,740.56) |
£0.93 (₩1,899.42) |
+9.1 % |
| Eggs (12, Large Size) |
£3.85 (₩7,847.64) |
£1.75 (₩3,569.00) |
-54.5 % |
| Local Cheese (1 lb) |
£4.11 (₩8,369.64) |
£3.28 (₩6,690.50) |
-20.1 % |
| Chicken Fillets (1 lb) |
£3.53 (₩7,194.26) |
£3.12 (₩6,350.30) |
-11.7 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
£5.95 (₩12,122.30) |
£7.42 (₩15,119.76) |
+24.7 % |
| Apples (1 lb) |
£1.09 (₩2,225.13) |
£3.34 (₩6,803.89) |
+205.8 % |
| Bananas (1 lb) |
£0.51 (₩1,042.89) |
£1.08 (₩2,211.27) |
+112.0 % |
| Oranges (1 lb) |
£0.93 (₩1,897.50) |
£2.42 (₩4,924.93) |
+159.5 % |
| Tomatoes (1 lb) |
£1.40 (₩2,843.99) |
£1.77 (₩3,606.06) |
+26.8 % |
| Potatoes (1 lb) |
£0.54 (₩1,100.35) |
£1.78 (₩3,628.74) |
+229.8 % |
| Onions (1 lb) |
£0.59 (₩1,204.11) |
£0.99 (₩2,018.49) |
+67.6 % |
| Lettuce (1 Head) |
£1.05 (₩2,149.51) |
£1.84 (₩3,750.00) |
+74.5 % |
| Bottled Water (50 oz) |
£1.43 (₩2,911.27) |
£0.86 (₩1,750.00) |
-39.9 % |
| Bottle of Wine (Mid-Range) |
£10.00 (₩20,385.25) |
£12.26 (₩25,000.00) |
+22.6 % |
| Domestic Beer (16.9 oz Bottle) |
£2.54 (₩5,172.85) |
£1.59 (₩3,233.33) |
-37.5 % |
| Imported Beer (12 oz Small Bottle) |
£3.05 (₩6,212.87) |
£2.27 (₩4,625.00) |
-25.6 % |
| Cigarettes (Pack of 20, Marlboro) |
£17.75 (₩36,183.82) |
£2.21 (₩4,500.00) |
-87.6 % |
Transportation | London Edit |
Busan Edit | |
| One-Way Ticket (Local Transport) |
£3.00 (₩6,115.58) |
£0.74 (₩1,500.00) |
-75.5 % |
| Monthly Public Transport Pass (Regular Price) |
£200.00 (₩407,705.05) |
£39.24 (₩80,000.00) |
-80.4 % |
| Taxi Start (Standard Tariff) |
£4.20 (₩8,561.81) |
£2.35 (₩4,800.00) |
-43.9 % |
| Taxi 1 mile (Standard Tariff) |
£3.99 (₩8,136.11) |
£0.79 (₩1,609.34) |
-80.2 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
£41.62 (₩84,843.42) |
£11.04 (₩22,500.00) |
-73.5 % |
| Gasoline (1 Liter) |
£1.51 (₩3,069.53) |
£0.85 (₩1,727.75) |
-43.7 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
£28,895.00 (₩58,903,187.22) |
£19,312.98 (₩39,370,000.00) |
-33.2 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
£30,578.33 (₩62,334,704.73) |
£18,809.12 (₩38,342,857.14) |
-38.5 % |
Utilities (Monthly) | London Edit |
Busan Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
£290.12 (₩591,407.71) |
£125.17 (₩255,166.67) |
-56.9 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
£13.60 (₩27,723.94) |
£26.24 (₩53,500.00) |
+93.0 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
£30.73 (₩62,643.10) |
£19.62 (₩40,000.00) |
-36.1 % |
Sports And Leisure | London Edit |
Busan Edit | |
| Monthly Fitness Club Membership |
£53.69 (₩109,443.32) |
£41.08 (₩83,750.00) |
-23.5 % |
| Tennis Court Rental (1 Hour, Weekend) |
£17.05 (₩34,761.15) |
£6.50 (₩13,250.00) |
-61.9 % |
| Cinema Ticket (International Release) |
£14.00 (₩28,539.35) |
£7.85 (₩16,000.00) |
-43.9 % |
Childcare | London Edit |
Busan Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
£2,029.33 (₩4,136,848.29) |
£416.97 (₩850,000.00) |
-79.5 % |
| International Primary School, Annual Tuition per Child |
£26,325.45 (₩53,665,103.92) |
£14,315.59 (₩29,182,696.50) |
-45.6 % |
Clothing And Shoes | London Edit |
Busan Edit | |
| Jeans (Levi's 501 or Similar) |
£89.21 (₩181,857.91) |
£68.68 (₩140,000.00) |
-23.0 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
£40.50 (₩82,560.27) |
£42.92 (₩87,500.00) |
+6.0 % |
| Nike Running Shoes (Mid-Range) |
£95.00 (₩193,659.90) |
£61.32 (₩125,000.00) |
-35.5 % |
| Men's Leather Business Shoes |
£106.09 (₩216,269.00) |
£83.39 (₩170,000.00) |
-21.4 % |
Rent Per Month | London Edit |
Busan Edit | |
| 1 Bedroom Apartment in City Centre |
£2,251.72 (₩4,590,196.52) |
£473.73 (₩965,714.29) |
-79.0 % |
| 1 Bedroom Apartment Outside of City Centre |
£1,698.08 (₩3,461,572.69) |
£240.25 (₩489,750.00) |
-85.9 % |
| 3 Bedroom Apartment in City Centre |
£3,797.06 (₩7,740,400.30) |
£870.73 (₩1,775,000.00) |
-77.1 % |
| 3 Bedroom Apartment Outside of City Centre |
£2,923.68 (₩5,960,004.10) |
£468.23 (₩954,500.00) |
-84.0 % |
Buy Apartment Price | London Edit |
Busan Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
£1,441.84 (₩2,939,233.74) |
£667.47 (₩1,360,663.77) |
-53.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
£668.58 (₩1,362,912.73) |
£485.80 (₩990,309.68) |
-27.3 % |
Salaries And Financing | London Edit |
Busan Edit | |
| Average Monthly Net Salary (After Tax) |
£3,435.94 (₩7,004,243.51) |
£1,808.79 (₩3,687,260.16) |
-47.4 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.76 | 4.22 | -11.3 % |
| Last update: | 14 June 2026 | 8 June 2026 | |
| Contributors in the past 12 months: | 454 | 14 | |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 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 Mungyeong-si | 136.13 miles |
| Cost of Living in Daejeon | 162.57 miles |
| Cost of Living in Jeonju | 174.00 miles |
| Cost of Living in Jeongeup-si | 183.54 miles |