Cost of Living Comparison Between Busan and Daejeon Cost of Living Comparison Between Busan and Daejeon

Monthly Cost of Living

Monthly costs for one person with rent: $1,494 in Busan versus $1,322 in Daejeon.

Estimated couple costs with rent: $2,332 in Busan versus $2,046 in Daejeon.

Monthly costs for a family of three with rent: $3,171 in Busan versus $2,769 in Daejeon.

Living in Busan is roughly 13% more expensive than Daejeon, driven mainly by Groceries & Markets.

The two cities straddle the global median: Busan is 11% above, Daejeon is 2% below.

Meal at Budget Restaurant

$7.33 ₩11.1K

$7.25 ₩11.0K

1.10%

Three-Course Dinner for Two, Mid-Range

$37.36 ₩56.7K

$37.38 ₩56.8K

-0.05%

Fast Food Meal (McDonalds, etc)

$5.93 ₩9,003

$5.31 ₩8,061

11.68%

Cappuccino

$4.00 ₩6,070

$3.60 ₩5,468

11.11%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.88 ₩2,852

$1.49 ₩2,265

26.17%

Water (0.33 liter bottle)

$1.33 ₩2,021

$0.82 ₩1,251

62.20%

Local Beer (0.5 liter draught)

$3.64 ₩5,520

$3.24 ₩4,919

12.35%

Imported Beer (0.33 liter bottle)

$5.92 ₩8,993

$5.10 ₩7,748

16.08%

Milk (1 liter)

$2.35 ₩3,574

$2.07 ₩3,142

13.53%

White Bread (500g)

$3.57 ₩5,427

$2.71 ₩4,118

31.73%

Rice (white) (1kg)

$3.14 ₩4,766

$2.69 ₩4,082

16.73%

Eggs

$2.86 ₩4,345

$2.53 ₩3,843

13.04%

Local Cheese (1kg)

$10.58 ₩16.1K

$10.55 ₩16.0K

0.28%

Chicken Fillets (1kg)

$8.42 ₩12.8K

$7.97 ₩12.1K

5.65%

Beef Round Steak (1kg)

$27.75 ₩42.1K

$20.32 ₩30.9K

36.56%

Apples (1kg)

$8.37 ₩12.7K

$8.58 ₩13.0K

-2.45%

Banana (1kg)

$3.23 ₩4,898

$3.17 ₩4,815

1.89%

Oranges (1kg)

$7.55 ₩11.5K

$5.46 ₩8,299

38.28%

Tomato (1kg)

$5.27 ₩8,006

$5.25 ₩7,968

0.38%

Potato (1kg)

$5.10 ₩7,738

$5.29 ₩8,039

-3.59%

Onion (1kg)

$3.05 ₩4,632

$2.65 ₩4,025

15.09%

Lettuce (1 head)

$2.04 ₩3,093

$1.98 ₩3,007

3.03%

Water (1.5 liter bottle)

$1.20 ₩1,827

$1.13 ₩1,717

6.19%

Cigarettes 20 Pack (Marlboro, Camel)

$3.30 ₩5,008

$3.35 ₩5,085

-1.49%

Wine (Bottle)

$16.14 ₩24.5K

Local Beer (0.5 liter bottle)

$1.77 ₩2,689

$1.70 ₩2,586

4.12%

Imported Beer (0.33 liter bottle)

$3.33 ₩5,056

$3.36 ₩5,097

-0.89%

One-way Ticket (Public Transport)

$1.13 ₩1,714

$1.09 ₩1,648

3.67%

Public Transport Monthly Pass (Regular Price)

$44.01 ₩66.8K

$10.94 ₩16.6K

302.29%

Taxi Start (Normal Tariff)

$3.50 ₩5,313

$2.71 ₩4,115

29.15%

Taxi (Normal Tariff) (1km)

$0.84 ₩1,281

$0.80 ₩1,214

5.00%

Taxi 1hour Waiting (Normal Tariff)

$16.49 ₩25.0K

$16.59 ₩25.2K

-0.60%

Gasoline (1 liter)

$1.16 ₩1,756

$1.22 ₩1,853

-4.92%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.0K ₩42.5M

$27.7K ₩42.0M

1.13%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.3K ₩38.4M

$11.0K ₩16.6M

130.92%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$186 ₩282.7K

$166 ₩252.0K

12.20%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$50.8 ₩77.1K

$43.23 ₩65.7K

17.51%

Internet (50+ Mbps, Unlimited Data)

$27.96 ₩42.5K

$24.38 ₩37.0K

14.68%

Gym Membership (Monthly)

$52.4 ₩79.6K

$29.75 ₩45.2K

76.20%

Tennis Court (1 Hour on Weekend)

$13.20 ₩20.0K

$21.67 ₩32.9K

-39.09%

Cinema Ticket

$11.17 ₩17.0K

$11.19 ₩17.0K

-0.18%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$489 ₩743.0K

$284 ₩431.4K

72.24%

International Primary School, 1 Child (Yearly)

$14.3K ₩21.8M

$34.6K ₩52.6M

-58.60%

Jeans (Levis 501 Or Similar)

$103 ₩155.7K

$63.5 ₩96.5K

61.37%

Summer Dress (H&M, Zara, etc)

$65.2 ₩99.0K

$39.73 ₩60.3K

64.16%

Sport Shoes (Adidas, Nike)

$86.6 ₩131.5K

$87.1 ₩132.3K

-0.63%

Men's Leather Business Shoes

$117 ₩178.2K

$106 ₩160.7K

10.89%

1-bedroom Apartment, City Center (Monthly)

$500 ₩759.8K

$361 ₩548.8K

38.45%

1-bedroom Apartment, Outside City Center (Monthly)

$324 ₩491.7K

$310 ₩470.6K

4.50%

3-bedroom Apartment, City Center (Monthly)

$991 ₩1.5M

$928 ₩1.4M

6.83%

3-bedroom Apartment, Outside City Center (Monthly)

$673 ₩1.0M

$612 ₩928.8K

9.96%

Buy Apartment in City Center (m2)

$9,714 ₩14.8M

$4,875 ₩7.4M

99.28%

Buy Apartment Outside City Center (m2)

$6,961 ₩10.6M

$3,866 ₩5.9M

80.06%

Average Monthly Net Salary (After Tax)

$2,396 ₩3.6M

$2,065 ₩3.1M

16.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

3.77

11.94%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Busan: June 6, 2026

Last update for Daejeon: June 6, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $500 in Busan and $361 in Daejeon. Housing cost is often the main lever when comparing two cities.

Busan pays 16% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $37.00 in Busan vs $37.00 in Daejeon. Groceries flip the comparison at $450 vs $401, with Daejeon cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Busan vs Daejeon: Cost of Living - Frequently Asked Questions

Daejeon wins on cost – living expenses run 13% lower than in Busan. Housing and daily spending are where you'll feel the difference most, making Daejeon the obvious pick if budget is a priority.

Busan pays 16% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $500 in Busan versus $361 in Daejeon. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Daejeon runs roughly 302% less than in Busan. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $489 in Busan versus $284 in Daejeon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,322 in Daejeon versus $1,494 in Busan, a $1,000 budget is realistic in Daejeon but tight or insufficient in Busan. The gap between the two cities makes Daejeon the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Busan and Daejeon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Daejeon gentler on the wallet – expenses run 13% less than in Busan. Beyond cost, consider language, visa policies, and how big the international community is in each city.