Busan
Seoul

Busan vs Seoul — Cost of Living Comparison

Busan
South Korea
VS
Seoul
South Korea
Estimated average living costs are ~64% lower in Busan

Busan

$1,800

avg. monthly cost

Population

3,400,000

Safety

80/100

Quality

72/100

Cost
62
Safety
80
Life
72

Seoul

$2,950

avg. monthly cost

Population

9,776,000

Safety

84/100

Quality

78/100

Cost
72
Safety
84
Life
78

Data last updated:

Compare Two Cities

Estimated average living costs are ~64% lower in Busan

Overall Monthly Cost Comparison

Busan

$1,800

estimated per month

Seoul

$2,950

estimated per month

Difference

+63.9%

Monthly savings

$1,150

Yearly savings

$13,800

Figures shown are estimated averages for general comparison purposes only and may not reflect individual spending patterns.

Cost Comparison by Category

Monthly averages side by side

Estimated Salary Equivalency (Informational)

What you'd need to earn for the same lifestyle

This calculation provides an estimated comparison based on average living costs and does not represent financial or employment advice.

$/year (USD)

$122,917

+$47,917/year (USD)

Salary equivalency figures are illustrative estimates only and should not be used for employment, negotiation, or financial planning decisions.

Detailed Category Breakdown

Item-by-item price comparison across 7 categories

ItemBusanSeoulDiff
1-Bedroom Apartment (City Center)(per month)
$550.00$950.00
+72.7%
1-Bedroom Apartment (Outside Center)(per month)
$350.00$580.00
+65.7%
3-Bedroom Apartment (City Center)(per month)
$1,200.00$2,300.00
+91.7%
3-Bedroom Apartment (Outside Center)(per month)
$750.00$1,350.00
+80.0%
ItemBusanSeoulDiff
Meal at Inexpensive Restaurant(per meal)
$6.00$7.00
+16.7%
Meal for 2 at Mid-Range Restaurant(per meal)
$35.00$40.00
+14.3%
McMeal at McDonald's(per meal)
$6.00$6.00
0.0%
Milk (1 liter)(per liter)
$2.50$2.50
0.0%
Bread (500g loaf)(per loaf)
$2.80$3.00
+7.1%
Rice (1 kg)(per kg)
$3.80$4.00
+5.3%
Eggs (12)(per dozen)
$2.80$3.50
+25.0%
Chicken Breast (1 kg)(per kg)
$8.50$9.00
+5.9%
Apples (1 kg)(per kg)
$5.50$6.00
+9.1%
Banana (1 kg)(per kg)
$3.00$3.50
+16.7%
ItemBusanSeoulDiff
Monthly Public Transit Pass(per month)
$45.00$45.00
0.0%
One-Way Ticket (Local Transport)(per trip)
$1.00$1.10
+10.0%
Taxi Start (Normal Tariff)(base fare)
$2.80$3.00
+7.1%
Taxi 1km (Normal Tariff)(per km)
$0.80$0.75
-6.3%
Gasoline (1 liter)(per liter)
$1.40$1.45
+3.6%
ItemBusanSeoulDiff
Basic Utilities (85m² Apt)(per month)
$130.00$150.00
+15.4%
Mobile Phone Plan(per month)
$28.00$35.00
+25.0%
Internet (60 Mbps+)(per month)
$22.00$22.00
0.0%
ItemBusanSeoulDiff
Doctor Visit(per visit)
$18.00$18.00
0.0%
Dentist Visit(per visit)
$30.00$35.00
+16.7%
Prescription Medicine (avg)(per prescription)
$8.00$10.00
+25.0%
ItemBusanSeoulDiff
Fitness Club Monthly(per month)
$42.00$50.00
+19.0%
Cinema Ticket(per ticket)
$9.00$10.00
+11.1%
Cappuccino(per cup)
$4.00$4.50
+12.5%
Beer (0.5l) at Restaurant(per glass)
$4.50$5.00
+11.1%
ItemBusanSeoulDiff
Pair of Jeans (Levi's)(per pair)
$60.00$70.00
+16.7%
Summer Dress (Chain Store)(per item)
$30.00$35.00
+16.7%
Running Shoes (Nike, Adidas)(per pair)
$80.00$90.00
+12.5%

Category values are aggregated estimates and may vary by neighborhood, lifestyle, and market conditions.

Frequently asked questions: Busan vs Seoul

Is Busan or Seoul more expensive?
Seoul is more expensive, with a cost of living index of 72 compared with 62 for Busan.
How much cheaper is Busan than Seoul?
Living in Busan is around 14% cheaper than Seoul, based on their overall cost of living indices.
What is the cost of living difference between Busan and Seoul?
Busan scores 62 out of 100 on our cost of living index, while Seoul scores 72 — where New York City equals 100.