Cost of Living Comparison Between London and Busan 
| Indices Difference |  |
|---|---|
| Cost of Living in Busan is 24.5% lower than in London (without rent) | |
| Cost of Living Including Rent in Busan is 48.6% lower than in London | |
| Rent Prices in Busan are 83.2% lower than in London | |
| Restaurant Prices in Busan are 57.5% lower than in London | |
| Groceries Prices in Busan are 28.2% higher than in London | |
| Local Purchasing Power in Busan is 0.4% higher than in London | |
Restaurants | London Edit |
Busan Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (35,322.44 ₩) |
5.10 £ (9,000.00 ₩) |
-74.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (141,289.76 ₩) |
28.31 £ (50,000.00 ₩) |
-64.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (14,128.98 ₩) |
4.53 £ (8,000.00 ₩) |
-43.4 % |
| Domestic Beer (1 pint draught) |
6.50 £ (11,479.79 ₩) |
2.83 £ (5,000.00 ₩) |
-56.4 % |
| Imported Beer (12 oz small bottle) |
5.00 £ (8,830.61 ₩) |
4.53 £ (8,000.00 ₩) |
-9.4 % |
| Cappuccino (regular) |
3.71 £ (6,558.81 ₩) |
2.88 £ (5,087.50 ₩) |
-22.4 % |
| Coke/Pepsi (12 oz small bottle) |
1.90 £ (3,358.99 ₩) |
1.45 £ (2,562.50 ₩) |
-23.7 % |
| Water (12 oz small bottle) |
1.43 £ (2,519.85 ₩) |
0.99 £ (1,750.00 ₩) |
-30.6 % |
Markets | London Edit |
Busan Edit | |
| Milk (regular), (1 gallon) |
4.93 £ (8,710.40 ₩) |
6.65 £ (11,740.77 ₩) |
+34.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.36 £ (2,393.20 ₩) |
2.57 £ (4,535.93 ₩) |
+89.5 % |
| Rice (white), (1 lb) |
0.96 £ (1,689.08 ₩) |
1.16 £ (2,041.17 ₩) |
+20.8 % |
| Eggs (regular) (12) |
3.16 £ (5,576.43 ₩) |
2.53 £ (4,473.33 ₩) |
-19.8 % |
| Local Cheese (1 lb) |
3.73 £ (6,586.51 ₩) |
3.66 £ (6,463.70 ₩) |
-1.9 % |
| Chicken Fillets (1 lb) |
3.20 £ (5,649.95 ₩) |
2.88 £ (5,080.24 ₩) |
-10.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.30 £ (9,369.09 ₩) |
9.63 £ (17,009.73 ₩) |
+81.6 % |
| Apples (1 lb) |
1.20 £ (2,112.94 ₩) |
2.95 £ (5,216.32 ₩) |
+146.9 % |
| Banana (1 lb) |
0.60 £ (1,050.87 ₩) |
1.11 £ (1,968.59 ₩) |
+87.3 % |
| Oranges (1 lb) |
1.15 £ (2,034.42 ₩) |
2.54 £ (4,482.10 ₩) |
+120.3 % |
| Tomato (1 lb) |
1.32 £ (2,336.77 ₩) |
1.84 £ (3,247.73 ₩) |
+39.0 % |
| Potato (1 lb) |
0.55 £ (966.66 ₩) |
1.80 £ (3,175.15 ₩) |
+228.5 % |
| Onion (1 lb) |
0.56 £ (994.63 ₩) |
1.19 £ (2,097.87 ₩) |
+110.9 % |
| Lettuce (1 head) |
1.00 £ (1,769.78 ₩) |
1.59 £ (2,800.00 ₩) |
+58.2 % |
| Water (1.5 liter bottle) |
1.26 £ (2,222.20 ₩) |
0.91 £ (1,600.00 ₩) |
-28.0 % |
| Bottle of Wine (Mid-Range) |
10.00 £ (17,661.22 ₩) |
11.32 £ (20,000.00 ₩) |
+13.2 % |
| Domestic Beer (0.5 liter bottle) |
2.05 £ (3,622.56 ₩) |
1.39 £ (2,450.00 ₩) |
-32.4 % |
| Imported Beer (12 oz small bottle) |
2.40 £ (4,240.05 ₩) |
2.62 £ (4,625.00 ₩) |
+9.1 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (26,491.83 ₩) |
2.55 £ (4,500.00 ₩) |
-83.0 % |
Transportation | London Edit |
Busan Edit | |
| One-way Ticket (Local Transport) |
2.95 £ (5,210.06 ₩) |
0.85 £ (1,500.00 ₩) |
-71.2 % |
| Monthly Pass (Regular Price) |
200.00 £ (353,224.41 ₩) |
33.97 £ (60,000.00 ₩) |
-83.0 % |
| Taxi Start (Normal Tariff) |
4.50 £ (7,947.55 ₩) |
2.72 £ (4,800.00 ₩) |
-39.6 % |
| Taxi 1 mile (Normal Tariff) |
3.49 £ (6,167.79 ₩) |
1.09 £ (1,931.21 ₩) |
-68.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (52,983.66 ₩) |
12.74 £ (22,500.00 ₩) |
-57.5 % |
| Gasoline (1 gallon) |
5.76 £ (10,169.06 ₩) |
3.47 £ (6,121.24 ₩) |
-39.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,070.00 £ (49,575,046.20 ₩) |
21,363.76 £ (37,731,000.00 ₩) |
-23.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,441.79 £ (48,465,543.09 ₩) |
19,251.22 £ (34,000,000.00 ₩) |
-29.8 % |
Utilities (Monthly) | London Edit |
Busan Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
253.27 £ (447,298.45 ₩) |
88.80 £ (156,833.33 ₩) |
-64.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.44 £ (27,262.50 ₩) |
39.45 £ (69,666.67 ₩) |
+155.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.87 £ (54,513.91 ₩) |
12.74 £ (22,500.00 ₩) |
-58.7 % |
Sports And Leisure | London Edit |
Busan Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
47.21 £ (83,386.19 ₩) |
39.63 £ (70,000.00 ₩) |
-16.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.00 £ (24,725.71 ₩) |
10.19 £ (18,000.00 ₩) |
-27.2 % |
| Cinema, International Release, 1 Seat |
12.50 £ (22,076.53 ₩) |
8.78 £ (15,500.00 ₩) |
-29.8 % |
Childcare | London Edit |
Busan Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,802.88 £ (3,184,110.93 ₩) |
415.22 £ (733,333.33 ₩) |
-77.0 % |
| International Primary School, Yearly for 1 Child |
19,654.55 £ (34,712,326.29 ₩) |
10,899.59 £ (19,250,000.00 ₩) |
-44.5 % |
Clothing And Shoes | London Edit |
Busan Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
74.47 £ (131,524.15 ₩) |
79.27 £ (140,000.00 ₩) |
+6.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
38.93 £ (68,756.96 ₩) |
50.96 £ (90,000.00 ₩) |
+30.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.06 £ (153,753.54 ₩) |
71.34 £ (126,000.00 ₩) |
-18.1 % |
| 1 Pair of Men Leather Business Shoes |
100.83 £ (178,073.82 ₩) |
90.59 £ (160,000.00 ₩) |
-10.1 % |
Rent Per Month | London Edit |
Busan Edit | |
| Apartment (1 bedroom) in City Centre |
2,178.33 £ (3,847,202.55 ₩) |
372.76 £ (658,333.33 ₩) |
-82.9 % |
| Apartment (1 bedroom) Outside of Centre |
1,606.10 £ (2,836,568.64 ₩) |
226.48 £ (400,000.00 ₩) |
-85.9 % |
| Apartment (3 bedrooms) in City Centre |
4,478.89 £ (7,910,264.47 ₩) |
757.31 £ (1,337,500.00 ₩) |
-83.1 % |
| Apartment (3 bedrooms) Outside of Centre |
2,824.36 £ (4,988,162.69 ₩) |
509.59 £ (900,000.00 ₩) |
-82.0 % |
Buy Apartment Price | London Edit |
Busan Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,234.30 £ (2,179,916.59 ₩) |
558.34 £ (986,101.88 ₩) |
-54.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
745.74 £ (1,317,064.79 ₩) |
509.16 £ (899,239.29 ₩) |
-31.7 % |
Salaries And Financing | London Edit |
Busan Edit | |
| Average Monthly Net Salary (After Tax) |
3,542.75 £ (6,256,926.06 ₩) |
1,827.18 £ (3,227,016.00 ₩) |
-48.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.36 | 4.22 | -21.2 % |
| Last update: | October 2024 | October 2024 | |
| Contributors in the past 12 months: | 881 | 39 |
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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 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 |