Cost of Living in Busan

Summary of cost of living in Busan, South Korea:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 9,750.00 ₩ 8,000.00-12,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 ₩ 40,000.00-100,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 8,250.00 ₩ 7,500.00-9,100.00
Domestic Beer (1 pint draught) 5,000.00 ₩ 2,500.00-6,000.00
Imported Beer (12 oz small bottle) 8,000.00 ₩ 7,000.00-9,000.00
Cappuccino (regular) 5,587.50 ₩ 3,000.00-6,500.00
Coke/Pepsi (12 oz small bottle) 2,500.00 ₩ 1,300.00-3,500.00
Water (12 oz small bottle) 1,857.14 ₩ 1,000.00-3,000.00
Markets
Edit
Milk (regular), (1 gallon) 11,876.21 ₩ 9,463.53-13,248.94
Loaf of Fresh White Bread (1 lb) 4,354.49 ₩ 2,267.96-6,350.30
Rice (white), (1 lb) 1,882.41 ₩ 1,133.98-2,267.96
Eggs (regular) (12) 4,006.00 ₩ 3,000.00-5,160.00
Local Cheese (1 lb) 6,463.70 ₩ 4,535.93-9,071.86
Chicken Fillets (1 lb) 5,080.24 ₩ 2,721.56-7,257.49
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 17,009.73 ₩ 7,257.49-22,679.65
Apples (1 lb) 5,216.32 ₩ 1,360.78-7,711.08
Banana (1 lb) 1,968.59 ₩ 1,814.37-2,267.96
Oranges (1 lb) 4,562.06 ₩ 3,401.95-5,443.11
Tomato (1 lb) 3,247.73 ₩ 1,360.78-4,535.93
Potato (1 lb) 3,175.15 ₩ 1,360.78-4,535.93
Onion (1 lb) 1,841.59 ₩ 453.59-3,175.15
Lettuce (1 head) 2,800.00 ₩ 1,500.00-5,000.00
Water (1.5 liter bottle) 1,600.00 ₩ 400.00-2,500.00
Bottle of Wine (Mid-Range) 20,000.00 ₩ 9,000.00-50,000.00
Domestic Beer (0.5 liter bottle) 2,340.00 ₩ 1,500.00-5,000.00
Imported Beer (12 oz small bottle) 4,625.00 ₩ 3,000.00-7,000.00
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩ 4,500.00-5,000.00
Transportation
Edit
One-way Ticket (Local Transport) 1,550.00 ₩ 1,500.00-1,650.00
Monthly Pass (Regular Price) 60,000.00 ₩ 60,000.00-100,000.00
Taxi Start (Normal Tariff) 4,800.00 ₩ 3,800.00-7,700.00
Taxi 1 mile (Normal Tariff) 1,931.21 ₩ 1,609.34-3,862.43
Taxi 1hour Waiting (Normal Tariff) 22,500.00 ₩ 20,000.00-25,000.00
Gasoline (1 gallon) 6,144.16 ₩ 5,867.39-6,258.08
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩ 37,731,000.00-37,731,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,000,000.00 ₩ 34,000,000.00-34,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 243,466.67 ₩ 184,166.67-400,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68,600.00 ₩ 33,000.00-78,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31,250.00 ₩ 20,000.00-45,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 71,666.67 ₩ 60,000.00-85,000.00
Tennis Court Rent (1 Hour on Weekend) 18,000.00 ₩ 9,000.00-15,000.00
Cinema, International Release, 1 Seat 15,500.00 ₩ 14,000.00-20,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 666,666.67 ₩ 300,000.00-1,300,000.00
International Primary School, Yearly for 1 Child 19,250,000.00 ₩ 18,500,000.00-20,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 140,000.00 ₩ 80,000.00-150,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 90,000.00 ₩ 80,000.00-100,000.00
1 Pair of Nike Running Shoes (Mid-Range) 126,000.00 ₩ 80,000.00-150,000.00
1 Pair of Men Leather Business Shoes 160,000.00 ₩ 80,000.00-200,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 691,666.67 ₩ 600,000.00-800,000.00
Apartment (1 bedroom) Outside of Centre 433,333.33 ₩ 300,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 1,370,000.00 ₩ 850,000.00-2,500,000.00
Apartment (3 bedrooms) Outside of Centre 920,000.00 ₩ 700,000.00-2,000,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,154,885.05 ₩ 767,082.87-1,721,998.90
Price per Square Feet to Buy Apartment Outside of Centre 916,630.11 ₩ 341,238.76-1,721,998.90
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,246,666.18 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 3.25-6.04

Prices in Busan

This city had 265 entries in the past 12 months by 31 different contributors.
Last update: 22 May 2025
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
  
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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.