Cost of Living Comparison Between London and Busan 
| Indices Difference |  |
|---|---|
| Cost of Living in Busan is 27.6% lower than in London (excluding rent) | |
| Cost of Living Including Rent in Busan is 49.5% lower than in London | |
| Rent Prices in Busan are 82.8% lower than in London | |
| Restaurant Prices in Busan are 58.3% lower than in London | |
| Groceries Prices in Busan are 20.2% higher than in London | |
| Local Purchasing Power in Busan is 9.8% higher than in London | |
Restaurants | London Edit |
Busan Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (37,293.98 ₩) |
5.23 £ (9,750.00 ₩) |
-73.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (149,175.94 ₩) |
26.81 £ (50,000.00 ₩) |
-66.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (14,917.59 ₩) |
4.42 £ (8,250.00 ₩) |
-44.7 % |
| Domestic Beer (1 pint draught) |
6.02 £ (11,228.11 ₩) |
2.68 £ (5,000.00 ₩) |
-55.5 % |
| Imported Beer (12 oz small bottle) |
6.00 £ (11,188.20 ₩) |
4.29 £ (8,000.00 ₩) |
-28.5 % |
| Cappuccino (regular) |
3.80 £ (7,085.69 ₩) |
3.00 £ (5,587.50 ₩) |
-21.1 % |
| Coke/Pepsi (12 oz small bottle) |
2.08 £ (3,885.29 ₩) |
1.34 £ (2,500.00 ₩) |
-35.7 % |
| Water (12 oz small bottle) |
1.43 £ (2,662.50 ₩) |
1.00 £ (1,857.14 ₩) |
-30.2 % |
Markets | London Edit |
Busan Edit | |
| Milk (regular), (1 gallon) |
4.78 £ (8,917.94 ₩) |
6.40 £ (11,934.10 ₩) |
+33.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.42 £ (2,651.76 ₩) |
2.34 £ (4,354.49 ₩) |
+64.2 % |
| Rice (white), (1 lb) |
0.82 £ (1,521.26 ₩) |
1.01 £ (1,882.41 ₩) |
+23.7 % |
| Eggs (regular) (12) |
3.58 £ (6,684.65 ₩) |
2.15 £ (4,006.00 ₩) |
-40.1 % |
| Local Cheese (1 lb) |
3.78 £ (7,046.52 ₩) |
3.47 £ (6,463.70 ₩) |
-8.3 % |
| Chicken Fillets (1 lb) |
3.04 £ (5,675.41 ₩) |
2.72 £ (5,080.24 ₩) |
-10.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.90 £ (9,136.85 ₩) |
9.12 £ (17,009.73 ₩) |
+86.2 % |
| Apples (1 lb) |
1.15 £ (2,145.89 ₩) |
2.80 £ (5,216.32 ₩) |
+143.1 % |
| Banana (1 lb) |
0.60 £ (1,125.62 ₩) |
1.06 £ (1,968.59 ₩) |
+74.9 % |
| Oranges (1 lb) |
1.04 £ (1,945.37 ₩) |
2.45 £ (4,562.06 ₩) |
+134.5 % |
| Tomato (1 lb) |
1.25 £ (2,336.96 ₩) |
1.74 £ (3,247.73 ₩) |
+39.0 % |
| Potato (1 lb) |
0.56 £ (1,048.02 ₩) |
1.70 £ (3,175.15 ₩) |
+203.0 % |
| Onion (1 lb) |
0.57 £ (1,066.93 ₩) |
0.99 £ (1,841.59 ₩) |
+72.6 % |
| Lettuce (1 head) |
1.00 £ (1,865.23 ₩) |
1.50 £ (2,800.00 ₩) |
+50.1 % |
| Water (1.5 liter bottle) |
1.30 £ (2,432.68 ₩) |
0.86 £ (1,600.00 ₩) |
-34.2 % |
| Bottle of Wine (Mid-Range) |
9.00 £ (16,782.29 ₩) |
10.73 £ (20,000.00 ₩) |
+19.2 % |
| Domestic Beer (0.5 liter bottle) |
2.36 £ (4,403.89 ₩) |
1.25 £ (2,340.00 ₩) |
-46.9 % |
| Imported Beer (12 oz small bottle) |
2.89 £ (5,396.15 ₩) |
2.48 £ (4,625.00 ₩) |
-14.3 % |
| Cigarettes 20 Pack (Marlboro) |
16.75 £ (31,233.71 ₩) |
2.41 £ (4,500.00 ₩) |
-85.6 % |
Transportation | London Edit |
Busan Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (5,221.16 ₩) |
0.83 £ (1,550.00 ₩) |
-70.3 % |
| Monthly Pass (Regular Price) |
183.04 £ (341,321.03 ₩) |
32.18 £ (60,000.00 ₩) |
-82.4 % |
| Taxi Start (Normal Tariff) |
4.50 £ (8,391.15 ₩) |
2.57 £ (4,800.00 ₩) |
-42.8 % |
| Taxi 1 mile (Normal Tariff) |
4.18 £ (7,802.45 ₩) |
1.04 £ (1,931.21 ₩) |
-75.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (55,940.98 ₩) |
12.07 £ (22,500.00 ₩) |
-59.8 % |
| Gasoline (1 gallon) |
5.44 £ (10,136.23 ₩) |
3.29 £ (6,144.16 ₩) |
-39.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,285.00 £ (52,743,017.51 ₩) |
20,234.36 £ (37,731,000.00 ₩) |
-28.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,922.94 £ (53,932,579.07 ₩) |
18,233.50 £ (34,000,000.00 ₩) |
-37.0 % |
Utilities (Monthly) | London Edit |
Busan Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
233.10 £ (434,660.45 ₩) |
130.57 £ (243,466.67 ₩) |
-44.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.21 £ (28,363.41 ₩) |
36.79 £ (68,600.00 ₩) |
+141.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.46 £ (58,664.20 ₩) |
16.76 £ (31,250.00 ₩) |
-46.7 % |
Sports And Leisure | London Edit |
Busan Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
49.12 £ (91,603.35 ₩) |
38.43 £ (71,666.67 ₩) |
-21.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
16.42 £ (30,623.38 ₩) |
9.65 £ (18,000.00 ₩) |
-41.2 % |
| Cinema, International Release, 1 Seat |
15.00 £ (27,970.49 ₩) |
8.31 £ (15,500.00 ₩) |
-44.6 % |
Childcare | London Edit |
Busan Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,804.45 £ (3,364,750.86 ₩) |
357.52 £ (666,666.67 ₩) |
-80.2 % |
| International Primary School, Yearly for 1 Child |
20,965.22 £ (39,093,833.58 ₩) |
10,323.38 £ (19,250,000.00 ₩) |
-50.8 % |
Clothing And Shoes | London Edit |
Busan Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.11 £ (149,389.05 ₩) |
75.08 £ (140,000.00 ₩) |
-6.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.00 £ (67,129.17 ₩) |
48.27 £ (90,000.00 ₩) |
+34.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
92.30 £ (172,106.70 ₩) |
67.57 £ (126,000.00 ₩) |
-26.8 % |
| 1 Pair of Men Leather Business Shoes |
117.34 £ (218,810.80 ₩) |
85.80 £ (160,000.00 ₩) |
-26.9 % |
Rent Per Month | London Edit |
Busan Edit | |
| Apartment (1 bedroom) in City Centre |
2,218.66 £ (4,137,130.47 ₩) |
370.93 £ (691,666.67 ₩) |
-83.3 % |
| Apartment (1 bedroom) Outside of Centre |
1,636.21 £ (3,051,033.73 ₩) |
232.39 £ (433,333.33 ₩) |
-85.8 % |
| Apartment (3 bedrooms) in City Centre |
4,081.94 £ (7,611,598.63 ₩) |
734.70 £ (1,370,000.00 ₩) |
-82.0 % |
| Apartment (3 bedrooms) Outside of Centre |
2,703.10 £ (5,040,459.59 ₩) |
493.38 £ (920,000.00 ₩) |
-81.7 % |
Buy Apartment Price | London Edit |
Busan Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,459.24 £ (2,721,041.68 ₩) |
625.75 £ (1,166,840.64 ₩) |
-57.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
781.77 £ (1,457,764.37 ₩) |
498.07 £ (928,754.95 ₩) |
-36.3 % |
Salaries And Financing | London Edit |
Busan Edit | |
| Average Monthly Net Salary (After Tax) |
3,045.64 £ (5,679,203.66 ₩) |
1,688.60 £ (3,148,728.29 ₩) |
-44.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.03 | 4.22 | -15.9 % |
| Last update: | May 2025 | May 2025 | |
| Contributors in the past 12 months: | 729 | 30 |
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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 Pyeongtaek | 209.49 miles |