Cost of Living in Busan

Summary about cost of living in Busan, South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 7,000.00 ₩ 6,500.00-9,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 45,000.00 ₩ 30,000.00-80,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 6,700.00 ₩ 6,000.00-8,000.00
Domestic Beer (1 pint draught) 3,670.28 ₩ 1,900.00-4,500.00
Imported Beer (12 oz small bottle) 6,500.00 ₩ 5,000.00-8,000.00
Cappuccino (regular) 4,087.50 ₩ 1,835.14-5,500.00
Coke/Pepsi (12 oz small bottle) 1,650.14 ₩ 1,101.08-2,000.00
Water (12 oz small bottle) 891.76 ₩ 800.00-1,000.00
Markets
Edit
Milk (regular), (1 gallon) 10,291.59 ₩ 7,570.83-11,734.78
Loaf of Fresh White Bread (1 lb) 2,878.47 ₩ 2,267.96-6,350.30
Rice (white), (1 lb) 2,267.96 ₩ 907.19-2,721.56
Eggs (regular) (12) 2,354.61 ₩ 1,600.00-3,000.00
Local Cheese (1 lb) 7,257.49 ₩ 4,535.93-10,886.23
Chicken Fillets (1 lb) 4,695.84 ₩ 2,721.56-5,896.71
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12,851.80 ₩ 2,721.56-18,143.72
Apples (1 lb) 2,701.74 ₩ 2,208.52-3,628.74
Banana (1 lb) 2,116.77 ₩ 1,360.78-3,628.74
Oranges (1 lb) 1,436.38 ₩ 680.39-2,267.96
Tomato (1 lb) 2,280.92 ₩ 907.19-3,628.74
Potato (1 lb) 1,511.98 ₩ 907.19-2,267.96
Onion (1 lb) 1,285.18 ₩ 861.83-1,360.78
Lettuce (1 head) 2,500.00 ₩ 2,000.00-3,000.00
Water (1.5 liter bottle) 1,275.00 ₩ 900.00-2,000.00
Bottle of Wine (Mid-Range) 12,000.00 ₩ 10,000.00-15,000.00
Domestic Beer (0.5 liter bottle) 2,650.00 ₩ 1,800.00-3,076.92
Imported Beer (12 oz small bottle) 3,200.00 ₩ 2,500.00-5,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00-6,000.00
Transportation
Edit
One-way Ticket (Local Transport) 1,300.00 ₩ 1,300.00-1,500.00
Monthly Pass (Regular Price) 55,000.00 ₩ 35,000.00-60,000.00
Taxi Start (Normal Tariff) 3,300.00 ₩ 3,300.00-3,500.00
Taxi 1 mile (Normal Tariff) 1,689.81 ₩ 1,210.23-3,500.00
Taxi 1hour Waiting (Normal Tariff) 16,500.00 ₩ 12,000.00-20,000.00
Gasoline (1 gallon) 5,661.90 ₩ 4,731.77-6,056.66
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,750,000.00 ₩ 25,500,000.00-34,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,000,000.00 ₩
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 175,578.12 ₩ 119,000.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 116.67 ₩ 100.00-150.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 34,250.00 ₩ 24,000.00-50,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 82,857.14 ₩ 50,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend) 31,250.00 ₩ 15,000.00-40,000.00
Cinema, International Release, 1 Seat 11,000.00 ₩ 9,000.00-25,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 475,000.00 ₩ 300,000.00-700,000.00
International Primary School, Yearly for 1 Child 29,750,000.00 ₩ 20,000,000.00-40,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 74,333.33 ₩ 40,000.00-90,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 54,750.00 ₩ 30,000.00-70,000.00
1 Pair of Nike Running Shoes (Mid-Range) 86,000.00 ₩ 45,000.00-130,000.00
1 Pair of Men Leather Business Shoes 126,250.00 ₩ 40,000.00-150,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 531,250.00 ₩ 450,000.00-700,000.00
Apartment (1 bedroom) Outside of Centre 417,142.86 ₩ 300,000.00-600,000.00
Apartment (3 bedrooms) in City Centre 1,420,000.00 ₩ 800,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 900,000.00 ₩ 700,000.00-1,300,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 487,736.90 ₩ 371,609.07-2,043,849.87
Price per Square Feet to Buy Apartment Outside of Centre 657,962.50 ₩ 278,706.80-1,656,376.21
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,515,502.86 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.46 3.00-3.70

Prices in Busan

This city had 170 entries in the past 12 months by 18 different contributors.
Last update: January 2021
Sources and References
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2 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!!!!