Cost of Living in Busan
Summary of cost of living in Busan, South Korea:
- The estimated monthly costs for a family of four are 149,915.8TL (5,346,009.9₩), excluding rent (using our estimator).
- The estimated monthly costs for a single person are 41,541.1TL (1,481,358.6₩), excluding rent.
- Busan is 41.1% more expensive than Istanbul (excluding rent, see our cost of living index).
- Rent in Busan is, on average, 44.5% lower than in Istanbul.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 9,750.00 ₩ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 50,000.00 ₩ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8,250.00 ₩ | |
| Domestic Beer (0.5 liter draught) | 5,000.00 ₩ | |
| Imported Beer (0.33 liter bottle) | 8,000.00 ₩ | |
| Cappuccino (regular) | 5,587.50 ₩ | |
| Coke/Pepsi (0.33 liter bottle) | 2,500.00 ₩ | |
| Water (0.33 liter bottle) | 1,857.14 ₩ | |
Markets | Edit |
|
| Milk (regular), (1 liter) | 3,139.64 ₩ | |
| Loaf of Fresh White Bread (500g) | 4,800.00 ₩ | |
| Rice (white), (1kg) | 4,150.00 ₩ | |
| Eggs (regular) (12) | 4,006.00 ₩ | |
| Local Cheese (1kg) | 14,250.00 ₩ | |
| Chicken Fillets (1kg) | 11,200.00 ₩ | |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 37,500.00 ₩ | |
| Apples (1kg) | 11,500.00 ₩ | |
| Banana (1kg) | 4,340.00 ₩ | |
| Oranges (1kg) | 10,057.60 ₩ | |
| Tomato (1kg) | 7,160.00 ₩ | |
| Potato (1kg) | 7,000.00 ₩ | |
| Onion (1kg) | 4,060.00 ₩ | |
| Lettuce (1 head) | 2,800.00 ₩ | |
| Water (1.5 liter bottle) | 1,600.00 ₩ | |
| Bottle of Wine (Mid-Range) | 20,000.00 ₩ | |
| Domestic Beer (0.5 liter bottle) | 2,340.00 ₩ | |
| Imported Beer (0.33 liter bottle) | 4,625.00 ₩ | |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 ₩ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 1,550.00 ₩ | |
| Monthly Pass (Regular Price) | 60,000.00 ₩ | |
| Taxi Start (Normal Tariff) | 4,800.00 ₩ | |
| Taxi 1km (Normal Tariff) | 1,200.00 ₩ | |
| Taxi 1hour Waiting (Normal Tariff) | 22,500.00 ₩ | |
| Gasoline (1 liter) | 1,623.11 ₩ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 37,731,000.00 ₩ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 34,000,000.00 ₩ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 243,466.67 ₩ | |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 68,600.00 ₩ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 31,250.00 ₩ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 71,666.67 ₩ | |
| Tennis Court Rent (1 Hour on Weekend) | 18,000.00 ₩ | |
| Cinema, International Release, 1 Seat | 15,500.00 ₩ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 666,666.67 ₩ | |
| International Primary School, Yearly for 1 Child | 19,250,000.00 ₩ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 140,000.00 ₩ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 90,000.00 ₩ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 126,000.00 ₩ | |
| 1 Pair of Men Leather Business Shoes | 160,000.00 ₩ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 691,666.67 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 433,333.33 ₩ | |
| Apartment (3 bedrooms) in City Centre | 1,370,000.00 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 920,000.00 ₩ | |
Buy Apartment Price | Edit |
|
| Price per Square Meter to Buy Apartment in City Centre | 12,460,322.81 ₩ | |
| Price per Square Meter to Buy Apartment Outside of Centre | 9,896,159.14 ₩ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,141,239.25 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.22 |
Prices in Busan
This city had 264 entries in the past 12 months by 30 different contributors.
Last update: 2 May 2025
Last update: 2 May 2025
Sources and References
Moving to Busan? Explore:
Distribution of Expenses Using Our Statistical Model:
Nearby Cities:| Cost of Living in Ulsan | 54.53 km |
| Cost of Living in Geoje | 73.40 km |
| Cost of Living in Daegu | 107.83 km |
| Cost of Living in Pohang | 130.55 km |
| Cost of Living in Gumi | 155.95 km |
| Cost of Living in Yeosu | 196.15 km |
| Cost of Living in Mungyeong-si | 219.08 km |
| Cost of Living in Daejeon | 261.64 km |
| Cost of Living in Jeonju | 280.02 km |
| Cost of Living in Pyeongtaek | 337.15 km |
This Page in Other Languages:
 DeutschLebenshaltungskosten in Busan
|
 PortuguêsCusto de Vida em Busan
|
 ItalianoCosto della Vita a Pusan
|
 FrançaisCoût de la Vie à Busan
|
 EspañolCosto de Vida en 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.