Cost of Living in Busan

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 6,385.82 ₩ 6,000.00-8,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 ₩ 50,000.00-60,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 6,000.00 ₩ 5,800.00-7,000.00
Domestic Beer (1 pint draught) 2,500.00 ₩ 2,000.00-3,000.00
Imported Beer (11.2 oz small bottle) 4,757.21 ₩ 4,000.00-7,500.00
Cappuccino (regular) 4,444.44 ₩ 3,385.82-5,300.00
Coke/Pepsi (11.2 oz small bottle) 1,750.00 ₩ 1,000.00-2,257.21
Water (11.2 oz small bottle) 713.96 ₩ 500.00-1,000.00
Markets [ Edit ]
Milk (regular), (1 gallon) 9,778.98 ₩ 7,570.83-13,248.94
Loaf of Fresh White Bread (1 lb) 2,177.25 ₩ 1,632.93-3,175.15
Rice (white), (1 lb) 2,872.76 ₩ 1,587.58-5,443.11
Eggs (regular) (12) 3,216.67 ₩ 2,700.00-3,600.00
Local Cheese (1 lb) 15,643.05 ₩ 6,803.89-23,586.83
Chicken Breasts (Boneless, Skinless), (1 lb) 4,006.74 ₩ 2,267.96-13,607.79
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10,818.19 ₩ 4,535.93-22,679.65
Apples (1 lb) 2,721.56 ₩ 1,224.70-3,628.74
Banana (1 lb) 2,154.57 ₩ 1,814.37-2,721.56
Oranges (1 lb) 1,927.77 ₩ 1,587.58-3,628.74
Tomato (1 lb) 2,147.01 ₩ 907.19-2,721.56
Potato (1 lb) 1,282.16 ₩ 771.11-3,628.74
Onion (1 lb) 793.79 ₩ 453.59-943.47
Lettuce (1 head) 2,666.67 ₩ 2,500.00-3,000.00
Water (1.5 liter bottle) 1,300.00 ₩ 1,000.00-1,500.00
Bottle of Wine (Mid-Range) 16,000.00 ₩ 15,000.00-17,000.00
Domestic Beer (0.5 liter bottle) 2,433.33 ₩ 1,800.00-3,000.00
Imported Beer (11.2 oz small bottle) 3,500.00 ₩ 1,800.00-7,500.00
Pack of Cigarettes (Marlboro) 4,600.00 ₩ 4,000.00-5,000.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 1,200.00 ₩ 1,200.00-1,300.00
Monthly Pass (Regular Price) 55,000.00 ₩ 50,000.00-60,000.00
Taxi Start (Normal Tariff) 2,800.00 ₩ 2,800.00-3,200.00
Taxi 1 mile (Normal Tariff) 1,207.01 ₩ 1,126.54-1,287.48
Taxi 1hour Waiting (Normal Tariff) 20,000.00 ₩
Gasoline (1 gallon) 5,897.67 ₩ 5,299.58-7,570.83
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,500,000.00 ₩ 27,000,000.00-34,000,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 25,000,000.00 ₩ 25,000,000.00-25,000,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 108,166.67 ₩ 59,500.00-150,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 160.00 ₩
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 25,700.00 ₩ 15,000.00-35,000.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 75,833.33 ₩ 40,000.00-110,000.00
Tennis Court Rent (1 Hour on Weekend) 11,000.00 ₩ 10,000.00-12,000.00
Cinema, International Release, 1 Seat 10,000.00 ₩ 9,800.00-10,000.00
Childcare [ Edit ]
Preschool (or Kindergarten), Private, Monthly for 1 Child 1,000,000.00 ₩
International Primary School, Yearly for 1 Child 15,000,000.00 ₩
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 58,333.33 ₩ 40,000.00-80,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40,000.00 ₩ 25,000.00-50,000.00
1 Pair of Nike Running Shoes (Mid-Range) 95,800.00 ₩ 80,000.00-120,000.00
1 Pair of Men Leather Business Shoes 130,000.00 ₩ 70,000.00-200,000.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 548,000.00 ₩ 500,000.00-600,000.00
Apartment (1 bedroom) Outside of Centre 423,096.92 ₩ 300,000.00-550,000.00
Apartment (3 bedrooms) in City Centre 1,183,333.33 ₩ 1,000,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 933,333.33 ₩ 600,000.00-1,200,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 554,415.88 ₩ 464,511.33-796,660.07
Price per Square Feet to Buy Apartment Outside of Centre 251,818.00 ₩ 185,804.53-251,818.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,133,333.33 ₩
Mortgage Interest Rate in Percentages (%), Yearly 3.23 2.70-4.00

Prices in Busan

These data are based on 383 entries in the past 18 months from 38 different contributors.
Last update: September 2017
Sources and References: Info
No sources and references provided yet.
Add new source here:
Sign up for our newsletter:
Your email address:
Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

9 Comments so far

#korean on Sep 14, 2017 :
and notice that those salary is net income you know, after tax!!!
#Korean on Sep 14, 2017 :
Hi first off i'd like to say Korean Salary in Busan is almost correct cause it's just average
and somebody said korean starting salaray for university graduate in busan is more than those above but
it's only applying to literally university graduate!!! not college or high school graduate
the amount of 2100000 krw is literally average of all classes salary in Busan of Korea
as a Korean i can tell you all about 2100000 krw is right not wrong and i'm afraid to say this but you're wrong
and you're not korean i'm guessing anyway next year korean minimum hourly wage will increase 16% as 7530won of about 7usd
that's a good news for all employees in korea!!!!
#James A. Kim on May 22, 2016 :
I think Price of Apartment outside of citycenter are deadly wrong.
Koreans often use Measurement
Which is Approximently 3.3M2.
I think Price per square meter based on that.

Here is my Prove.

Naver properties are Turila of korea. I brought down some listing.

This 160M2 Apartment on Haeundae District(해운대구 in Korean)
Are listed about 380,000 USD Even it is located So Conciderd one of Prime Sub-Urban area.

#Annette Edwards on Jun 30, 2015 :
I'm just wanting to know since I'm new to the site how much would it be for me to live in a villa or officetel in Pusan?
#busanese on Feb 02, 2015 :
I want to say you have a wrong information about the salary of Busan in South korea.

According to Kookje newspaper, the starting salary for a university graduate in Busan is KRW(Korea Won) 2,319,000.

So average salary in Busan is higher than KRW(Korea Won) 2,319,000.
#James a. kim on Feb 01, 2015 :
outside of citycenter area
(Busaner's think city-center area is Dong distrist, jung distrist, Seomyeon in Busanjin District)
of busan's property price are extremly cheap.
except some special locations.. (Marine city / South side of centum city)
For example. Sa-ha districts NEW apartment price is (Hanyang su-jain) less than 6000usd for 3.3m2 and rent pice will be 500 usd for 3-bedroom apartment i persume.
depends on neighborhood and location guys.
Some slum-looking hillside neighborhood of busan located at Jung and Dong distrist's property price for square meter is almost same as Luxurious apartment complex in Marine city.
It dosen't mean people who live there are rich, but owner of land are...
People think all of the Haeundae district are great, but that's just illusion.
Except Marine city and South side of Centumcity,Banyeo - Jaesong - Bansong area of haeundae
district considerd one of the worst neighborhood in busan, and property price are cheap.
that neighborhood facing cemetary and small factories nearby...
and Haeundae New-city area which is first new town of busan built abou 20 years ago,
looks not that bad, but hosuing price are cheap as other areas of city.
so... what i'm trying to say was except some landmark apartment complex in Busan
(The sharp Central star/ Haeundae I-park / Doosan Zenith / Oryukdo sk-view/ dalmaji Hill state
and some centum-city apartments)
all of others are bad, just like others.
same for house too. Some house in Prestigious area of the city (like Neungpungjang in Dong district), Price of 3.3m2 goes up to 13000 - 19000 USD. But others? even it is located nearby citycenter, its about 4000-5000usd for 3.3m2.
and thats the reason why it's hard to type property price of busan.
Hope this is useful information to you guys.
#Gamil Noor on Jun 17, 2014 :
I love Busan,Korea tooooo much I worked before with GL Korea for 8 years with my all family in Haeyundea area beside the Talmaji.
Now I return back to home Aden,Yemen my all children stady in Busan int.n school before .
I would like to stay and get visa to stay lone time after I that Iwill buy house with my own money,
because I want to save my family in Korea after where is korean peoples v.v kindness , & I have too much Korean friends i miss them, Now I working In Yemen 1 month work & 1 month vacation,please could I got some information about that, before I have Korea ID and my all family,
I don"t have any claim or any case with police office or any place I am peace man with my family
Yours brothers aways Gamil A.M Yousef Noor
#MJ on Dec 23, 2013 :
Man, i got an offer just half as yours. Take it!
#samir chaudhari on Oct 30, 2013 :
i am getting an offer of 4000 USD and am staying single in busan keeping my family in my country (India). is the salary ok? how much is the expense for single person?