Cost of living
Busan (Korea, South) compared to North Gyeongsang
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Overview comparison
Busan (Korea, South)North Gyeongsang
Consumer prices in Busan (Korea, South) are roughly 3% higher than in North Gyeongsang.
Cost of living
| Item | Busan (Korea, South) | North Gyeongsang |
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| Total with rent one person | 924 | 892 |
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| Total with rent family | 2,763 | 2,567 |
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| Without rent one person | 630 | 630 |
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| Without rent one family | 2,565 | 1,775 |
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| Rent & Utilities person | 444.99 | 392.48 |
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| Rent & Utilities family | 808.67 | 996.67 |
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| Food person | 501 | 486 |
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| Food family | 1,030 | 1,200 |
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| Transport person | 130.48 | 119.39 |
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| Transport family | 459.45 | 296.76 |
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| Life expectancy | 83.31 years | 74.96 years |
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Eating Out
| Item | Busan (Korea, South) | North Gyeongsang |
|---|
| Lunch Menu | 5.23 | 5.28 |
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| Dinner in a Restaurant, for 2 | 39.81 | 24.8 |
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| Fast food meal, equiv. McDonald's | 6.16 | 3.95 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 4.08 | 2.75 |
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| Cappuccino | 3.2 | 3.32 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.82 | 0.93 |
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Rent & Utilities
| Item | Busan (Korea, South) | North Gyeongsang |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 357.21 | 368.1 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 260.4 | 474.82 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,016.6 | 1,638.01 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 747.08 | 700.97 |
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| Utility Bill one person, electricity, heating, water, etc. | 86.48 | 53.72 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 117.85 | 104.65 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 16.88 | 14.97 |
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Transportation
| Item | Busan (Korea, South) | North Gyeongsang |
|---|
| Local transport ticket | 5.04 | 3.66 |
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| Monthly ticket local transport | 7,256 | 5,301 |
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| Taxi Ride, 8 km or 5 mi | 8,369 | 2,596 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.27 | 0.9 |
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| Mortgage Interest Rate for 20 Years | 43.98% | 40.66% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 10.17 | 17.88 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.08 | 1.5 |
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Groceries
| Item | Busan (Korea, South) | North Gyeongsang |
|---|
| Milk, 1 L or 1 qt | 2.22 | 2.13 |
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| Bread, 0.5 kg or 1.1 lb | 3.54 | 1.91 |
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| Eggs, x12 | 3.8 | 2.89 |
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| Cheese, 1 kg or 2.2 lb | 14.66 | 13.94 |
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| Chicken Breast, 1 kg or 2.2 lb | 10.11 | 8.52 |
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| Round Steak, 1 kg or 2.2 lb | 24.92 | 20.54 |
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| Banana, 1 kg or 2.2 lb | 3.35 | 3.28 |
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| Water, 1 L or 1 qt | 0.74 | 0.54 |
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Other
| Item | Busan (Korea, South) | North Gyeongsang |
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| Gym Membership, 1 month | 49.84 | 67.23 |
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| Cinema Ticket, 1 person | 9.11 | 10.29 |
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| Doctors visit | 22.67 | 30.51 |
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| Haircut, simple | 11.14 | 7.97 |
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| Brand Jeans | 76.05 | 59.91 |
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| Brand Sneakers | 95.2 | 96.05 |
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| Daycare or Preschool, 1 month | 624.35 | 243.63 |
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| International Primary School, 1 year | 11,797 | 19,542 |
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