Cost of living
Busan (South Korea) compared to Gwangmyeong
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Overview comparison
Busan (South Korea)Gwangmyeong
Consumer prices in Gwangmyeong are roughly 8% higher than in Busan (South Korea).
Cost of living
| Item | Busan (South Korea) | Gwangmyeong |
|---|
| Total with rent one person | 962 | 925 |
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| Total with rent family | 2,527 | 2,837 |
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| Without rent one person | 700 | 505 |
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| Without rent one family | 2,089 | 1,940 |
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| Rent & Utilities person | 342.56 | 508.54 |
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| Rent & Utilities family | 702.75 | 797.21 |
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| Food person | 505 | 420 |
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| Food family | 1,168 | 970 |
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| Transport person | 155.54 | 61.37 |
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| Transport family | 342.36 | 135.58 |
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| Life expectancy | 69.93 years | 80.34 years |
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Eating Out
| Item | Busan (South Korea) | Gwangmyeong |
|---|
| Lunch Menu | 5.36 | 7.35 |
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| Dinner in a Restaurant, for 2 | 37.06 | 33.23 |
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| Fast food meal, equiv. McDonald's | 5.11 | 6.42 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 4.1 | 3.73 |
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| Cappuccino | 3.44 | 3.12 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.75 | 1.37 |
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Rent & Utilities
| Item | Busan (South Korea) | Gwangmyeong |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 468.35 | 416.06 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 310.34 | 343.32 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,124.31 | 958.99 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 702.13 | 703.08 |
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| Utility Bill one person, electricity, heating, water, etc. | 79.45 | 93.98 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 124.69 | 114.93 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 14.72 | 24.23 |
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Transportation
| Item | Busan (South Korea) | Gwangmyeong |
|---|
| Local transport ticket | 4.28 | 4.47 |
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| Monthly ticket local transport | 8,280 | 7,625 |
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| Taxi Ride, 8 km or 5 mi | 7,942 | 4,569 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.1 | 0.99 |
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| Mortgage Interest Rate for 20 Years | 51.08% | 55.03% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 13.1 | 7.07 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.32 | 1.16 |
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Groceries
| Item | Busan (South Korea) | Gwangmyeong |
|---|
| Milk, 1 L or 1 qt | 1.9 | 2.22 |
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| Bread, 0.5 kg or 1.1 lb | 3.37 | 2.84 |
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| Eggs, x12 | 3.51 | 2.92 |
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| Cheese, 1 kg or 2.2 lb | 15.98 | 10.09 |
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| Chicken Breast, 1 kg or 2.2 lb | 8.81 | 8.05 |
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| Round Steak, 1 kg or 2.2 lb | 31.45 | 21.6 |
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| Banana, 1 kg or 2.2 lb | 3.29 | 3.28 |
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| Water, 1 L or 1 qt | 0.64 | 0.77 |
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Other
| Item | Busan (South Korea) | Gwangmyeong |
|---|
| Gym Membership, 1 month | 53.22 | 59.01 |
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| Cinema Ticket, 1 person | 8.69 | 9.92 |
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| Doctors visit | 26.37 | 20.32 |
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| Haircut, simple | 9.84 | 8.42 |
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| Brand Jeans | 81.48 | 61.71 |
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| Brand Sneakers | 77.52 | 67.46 |
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| Daycare or Preschool, 1 month | 506.13 | 282.28 |
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| International Primary School, 1 year | 12,351 | 21,262 |
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