Cost of living
Gwangju (South Korea) compared to Busan (South Korea)
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Overview comparison
Gwangju (South Korea)Busan (South Korea)
Consumer prices in Gwangju (South Korea) are roughly 26% higher than in Busan (South Korea).
Cost of living
| Item | Gwangju (South Korea) | Busan (South Korea) |
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| Total with rent one person | 1,308 | 962 |
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| Total with rent family | 3,487 | 2,527 |
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| Without rent one person | 698 | 700 |
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| Without rent one family | 2,184 | 2,089 |
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| Rent & Utilities person | 475.51 | 342.56 |
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| Rent & Utilities family | 723.87 | 702.75 |
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| Food person | 484 | 505 |
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| Food family | 1,092 | 1,168 |
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| Transport person | 121.88 | 155.54 |
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| Transport family | 331.05 | 342.36 |
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| Life expectancy | 74.48 years | 69.93 years |
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Eating Out
| Item | Gwangju (South Korea) | Busan (South Korea) |
|---|
| Lunch Menu | 6.09 | 5.36 |
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| Dinner in a Restaurant, for 2 | 39.58 | 37.06 |
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| Fast food meal, equiv. McDonald's | 6.54 | 5.11 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.53 | 4.1 |
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| Cappuccino | 3.64 | 3.44 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.63 | 1.75 |
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Rent & Utilities
| Item | Gwangju (South Korea) | Busan (South Korea) |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 430.73 | 468.35 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 358.54 | 310.34 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 987.74 | 1,124.31 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 603.4 | 702.13 |
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| Utility Bill one person, electricity, heating, water, etc. | 96.44 | 79.45 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 209.43 | 124.69 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 23.1 | 14.72 |
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Transportation
| Item | Gwangju (South Korea) | Busan (South Korea) |
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| Local transport ticket | 3.69 | 4.28 |
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| Monthly ticket local transport | 7,394 | 8,280 |
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| Taxi Ride, 8 km or 5 mi | 5,203 | 7,942 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.86 | 1.1 |
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| Mortgage Interest Rate for 20 Years | 65.31% | 51.08% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.43 | 13.1 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.33 | 1.32 |
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Groceries
| Item | Gwangju (South Korea) | Busan (South Korea) |
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| Milk, 1 L or 1 qt | 1.95 | 1.9 |
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| Bread, 0.5 kg or 1.1 lb | 2.16 | 3.37 |
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| Eggs, x12 | 2.27 | 3.51 |
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| Cheese, 1 kg or 2.2 lb | 6.54 | 15.98 |
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| Chicken Breast, 1 kg or 2.2 lb | 5.78 | 8.81 |
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| Round Steak, 1 kg or 2.2 lb | 35.68 | 31.45 |
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| Banana, 1 kg or 2.2 lb | 4.72 | 3.29 |
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| Water, 1 L or 1 qt | 0.58 | 0.64 |
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Other
| Item | Gwangju (South Korea) | Busan (South Korea) |
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| Gym Membership, 1 month | 38.92 | 53.22 |
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| Cinema Ticket, 1 person | 9.8 | 8.69 |
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| Doctors visit | 41.61 | 26.37 |
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| Haircut, simple | 5.88 | 9.84 |
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| Brand Jeans | 41.33 | 81.48 |
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| Brand Sneakers | 73.4 | 77.52 |
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| Daycare or Preschool, 1 month | 1,172.36 | 506.13 |
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| International Primary School, 1 year | 29,647 | 12,351 |
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