Cost of Living in Busan
Summary of cost of living in Busan, South Korea:
- The estimated monthly costs for a family of four are 3,927.0$ (5,748,237.2₩), excluding rent (using our estimator).
- The estimated monthly costs for a single person are 1,071.7$ (1,568,685.9₩), excluding rent.
- Busan is 24.3% less expensive than Los Angeles (excluding rent, see our cost of living index).
- Rent in Busan is, on average, 79.9% lower than in Los Angeles.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 10,000.00 ₩ | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 65,000.00 ₩ | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 8,000.00 ₩ | |
| Domestic Draft Beer (1 Pint) | 5,000.00 ₩ | |
| Imported Beer (12 oz Small Bottle) | 7,500.00 ₩ | |
| Cappuccino (Regular Size) | 5,366.67 ₩ | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 2,366.67 ₩ | |
| Bottled Water (12 oz) | 1,900.00 ₩ | |
Markets | Edit |
|
| Milk (Regular, 1 Liter) | 3,055.40 ₩ | |
| Fresh White Bread (1 lb Loaf) | 3,855.54 ₩ | |
| White Rice (1 lb) | 1,899.42 ₩ | |
| Eggs (12, Large Size) | 3,746.00 ₩ | |
| Local Cheese (1 lb) | 6,690.50 ₩ | |
| Chicken Fillets (1 lb) | 6,350.30 ₩ | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 15,119.76 ₩ | |
| Apples (1 lb) | 6,803.89 ₩ | |
| Bananas (1 lb) | 2,211.27 ₩ | |
| Oranges (1 lb) | 4,924.93 ₩ | |
| Tomatoes (1 lb) | 3,606.06 ₩ | |
| Potatoes (1 lb) | 3,628.74 ₩ | |
| Onions (1 lb) | 2,018.49 ₩ | |
| Lettuce (1 Head) | 3,750.00 ₩ | |
| Bottled Water (50 oz) | 1,750.00 ₩ | |
| Bottle of Wine (Mid-Range) | 25,000.00 ₩ | |
| Domestic Beer (16.9 oz Bottle) | 3,233.33 ₩ | |
| Imported Beer (12 oz Small Bottle) | 4,625.00 ₩ | |
| Cigarettes (Pack of 20, Marlboro) | 4,500.00 ₩ | |
Transportation | Edit |
|
| One-Way Ticket (Local Transport) | 1,500.00 ₩ | |
| Monthly Public Transport Pass (Regular Price) | 80,000.00 ₩ | |
| Taxi Start (Standard Tariff) | 4,800.00 ₩ | |
| Taxi 1 mile (Standard Tariff) | 1,609.34 ₩ | |
| Taxi 1 Hour Waiting (Standard Tariff) | 22,500.00 ₩ | |
| Gasoline (1 Liter) | 1,681.07 ₩ | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 39,370,000.00 ₩ | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 38,342,857.14 ₩ | |
Utilities (Monthly) | Edit |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 255,166.67 ₩ | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 56,600.00 ₩ | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 40,000.00 ₩ | |
Sports And Leisure | Edit |
|
| Monthly Fitness Club Membership | 83,750.00 ₩ | |
| Tennis Court Rental (1 Hour, Weekend) | 16,600.00 ₩ | |
| Cinema Ticket (International Release) | 16,000.00 ₩ | |
Childcare | Edit |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 666,666.67 ₩ | |
| International Primary School, Annual Tuition per Child | 29,182,696.50 ₩ | |
Clothing And Shoes | Edit |
|
| Jeans (Levi's 501 or Similar) | 140,000.00 ₩ | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 87,500.00 ₩ | |
| Nike Running Shoes (Mid-Range) | 125,000.00 ₩ | |
| Men's Leather Business Shoes | 170,000.00 ₩ | |
Rent Per Month | Edit |
|
| 1 Bedroom Apartment in City Centre | 932,500.00 ₩ | |
| 1 Bedroom Apartment Outside of City Centre | 459,833.33 ₩ | |
| 3 Bedroom Apartment in City Centre | 1,775,000.00 ₩ | |
| 3 Bedroom Apartment Outside of City Centre | 954,500.00 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,198,738.87 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 961,104.75 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,715,445.12 ₩ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.22 | |
Prices in Busan
This city had 83 entries in the past 12 months by 11 different contributors.
Last update: 12 January 2026
Last update: 12 January 2026
Sources and References
Moving to Busan? Explore:
Distribution of Expenses Using Our Statistical Model:
Nearby Cities:| 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 |
This Page in Other Languages:
 DeutschLebenshaltungskosten in Busan
|
 PortuguêsCusto de Vida em Busan
|
 ItalianoCosto della vita a Pusan
|
 FrançaisCoût de la vie à Busan
|
 EspañolCoste de vida en Busan
|
Salary Calculator:Got a job offer in Busan? Estimate your take-home pay with our Salary Calculator for Busan.
Leave a comment:1 Comments so far
Q
on Mar 11, 2024:
You have to know, usually in Korea, rent deposit is way much higher than your thought. 16.5 Square meter studio for 500,000\ (400$) rent per month usually need 2~30,000,000\ (14,000~23,000$) deposit in the city.