Cost of living
Pohang compared to Busan (South Korea)
🏛️
Overview comparison
PohangBusan (South Korea)
Consumer prices in Pohang are roughly 9% higher than in Busan (South Korea).
Cost of living
| Item | Pohang | Busan (South Korea) |
|---|
| Total with rent one person | 1,155 | 962 |
|---|
| Total with rent family | 2,658 | 2,527 |
|---|
| Without rent one person | 607 | 700 |
|---|
| Without rent one family | 1,645 | 2,089 |
|---|
| Rent & Utilities person | 505.96 | 342.56 |
|---|
| Rent & Utilities family | 861.24 | 702.75 |
|---|
| Food person | 424 | 505 |
|---|
| Food family | 1,085 | 1,168 |
|---|
| Transport person | 81.02 | 155.54 |
|---|
| Transport family | 172.13 | 342.36 |
|---|
| Life expectancy | 84.89 years | 69.93 years |
|---|
Eating Out
| Item | Pohang | Busan (South Korea) |
|---|
| Lunch Menu | 5.97 | 5.36 |
|---|
| Dinner in a Restaurant, for 2 | 20.39 | 37.06 |
|---|
| Fast food meal, equiv. McDonald's | 5.96 | 5.11 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 3.03 | 4.1 |
|---|
| Cappuccino | 2.83 | 3.44 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.22 | 1.75 |
|---|
Rent & Utilities
| Item | Pohang | Busan (South Korea) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 189.23 | 468.35 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 468.22 | 310.34 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,930.97 | 1,124.31 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 466.92 | 702.13 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 61.49 | 79.45 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 84.31 | 124.69 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 20.49 | 14.72 |
|---|
Transportation
| Item | Pohang | Busan (South Korea) |
|---|
| Local transport ticket | 4.48 | 4.28 |
|---|
| Monthly ticket local transport | 6,036 | 8,280 |
|---|
| Taxi Ride, 8 km or 5 mi | 3,533 | 7,942 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0.97 | 1.1 |
|---|
| Mortgage Interest Rate for 20 Years | 48.57% | 51.08% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.78 | 13.1 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.04 | 1.32 |
|---|
Groceries
| Item | Pohang | Busan (South Korea) |
|---|
| Milk, 1 L or 1 qt | 2.22 | 1.9 |
|---|
| Bread, 0.5 kg or 1.1 lb | 2.27 | 3.37 |
|---|
| Eggs, x12 | 2.23 | 3.51 |
|---|
| Cheese, 1 kg or 2.2 lb | 12.02 | 15.98 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 7.67 | 8.81 |
|---|
| Round Steak, 1 kg or 2.2 lb | 17.12 | 31.45 |
|---|
| Banana, 1 kg or 2.2 lb | 5.37 | 3.29 |
|---|
| Water, 1 L or 1 qt | 0.98 | 0.64 |
|---|
Other
| Item | Pohang | Busan (South Korea) |
|---|
| Gym Membership, 1 month | 34.59 | 53.22 |
|---|
| Cinema Ticket, 1 person | 11.85 | 8.69 |
|---|
| Doctors visit | 34.75 | 26.37 |
|---|
| Haircut, simple | 8.32 | 9.84 |
|---|
| Brand Jeans | 63.64 | 81.48 |
|---|
| Brand Sneakers | 78.98 | 77.52 |
|---|
| Daycare or Preschool, 1 month | 289.01 | 506.13 |
|---|
| International Primary School, 1 year | 24,042 | 12,351 |
|---|
