Cost of living
Busan (South Korea) compared to North Gyeongsang
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Overview comparison
Busan (South Korea)North Gyeongsang
Consumer prices in Busan (South Korea) are roughly 5% higher than in North Gyeongsang.
Cost of living
| Item | Busan (South Korea) | North Gyeongsang |
|---|
| Total with rent one person | 962 | 892 |
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| Total with rent family | 2,527 | 2,567 |
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| Without rent one person | 700 | 630 |
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| Without rent one family | 2,089 | 1,775 |
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| Rent & Utilities person | 342.56 | 392.48 |
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| Rent & Utilities family | 702.75 | 996.67 |
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| Food person | 505 | 486 |
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| Food family | 1,168 | 1,200 |
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| Transport person | 155.54 | 119.39 |
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| Transport family | 342.36 | 296.76 |
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| Life expectancy | 69.93 years | 74.96 years |
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Eating Out
| Item | Busan (South Korea) | North Gyeongsang |
|---|
| Lunch Menu | 5.36 | 5.28 |
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| Dinner in a Restaurant, for 2 | 37.06 | 24.8 |
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| Fast food meal, equiv. McDonald's | 5.11 | 3.95 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 4.1 | 2.75 |
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| Cappuccino | 3.44 | 3.32 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.75 | 0.93 |
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Rent & Utilities
| Item | Busan (South Korea) | North Gyeongsang |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 468.35 | 368.1 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 310.34 | 474.82 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,124.31 | 1,638.01 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 702.13 | 700.97 |
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| Utility Bill one person, electricity, heating, water, etc. | 79.45 | 53.72 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 124.69 | 104.65 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 14.72 | 14.97 |
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Transportation
| Item | Busan (South Korea) | North Gyeongsang |
|---|
| Local transport ticket | 4.28 | 3.66 |
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| Monthly ticket local transport | 8,280 | 5,301 |
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| Taxi Ride, 8 km or 5 mi | 7,942 | 2,596 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.1 | 0.9 |
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| Mortgage Interest Rate for 20 Years | 51.08% | 40.66% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 13.1 | 17.88 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.32 | 1.5 |
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Groceries
| Item | Busan (South Korea) | North Gyeongsang |
|---|
| Milk, 1 L or 1 qt | 1.9 | 2.13 |
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| Bread, 0.5 kg or 1.1 lb | 3.37 | 1.91 |
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| Eggs, x12 | 3.51 | 2.89 |
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| Cheese, 1 kg or 2.2 lb | 15.98 | 13.94 |
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| Chicken Breast, 1 kg or 2.2 lb | 8.81 | 8.52 |
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| Round Steak, 1 kg or 2.2 lb | 31.45 | 20.54 |
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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 | 0.54 |
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Other
| Item | Busan (South Korea) | North Gyeongsang |
|---|
| Gym Membership, 1 month | 53.22 | 67.23 |
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| Cinema Ticket, 1 person | 8.69 | 10.29 |
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| Doctors visit | 26.37 | 30.51 |
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| Haircut, simple | 9.84 | 7.97 |
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| Brand Jeans | 81.48 | 59.91 |
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| Brand Sneakers | 77.52 | 96.05 |
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| Daycare or Preschool, 1 month | 506.13 | 243.63 |
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| International Primary School, 1 year | 12,351 | 19,542 |
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