Cost of Living Comparison Between Busan and Gimhae Cost of Living Comparison Between Busan and Gimhae

Monthly Cost of Living

Monthly costs for one person with rent: $1,596 in Busan versus $1,553 in Gimhae.

Estimated couple costs with rent: $2,494 in Busan versus $2,449 in Gimhae.

Monthly costs for a family of three with rent: $3,392 in Busan versus $3,345 in Gimhae.

Living in Busan is roughly 3% more expensive than in Gimhae, driven mainly by Getting Around.

Both cities are pricier than the global median: Busan 17% above, Gimhae 13% above.

Meal at Budget Restaurant

$7.32 ₩10.2K

$7.29 ₩10.1K

0.41%

Three-Course Dinner for Two, Mid-Range

$48.54 ₩67.3K

$48.20 ₩66.8K

0.71%

Fast Food Meal (McDonalds, etc)

$6.77 ₩9,387

$6.80 ₩9,419

-0.44%

Cappuccino

$3.63 ₩5,033

$3.63 ₩5,031

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

$1.77 ₩2,453

$1.77 ₩2,455

Water (0.33 liter bottle)

$1.37 ₩1,896

$1.39 ₩1,922

-1.44%

Local Beer (0.5 liter draught)

$3.75 ₩5,190

$3.76 ₩5,217

-0.27%

Imported Beer (0.33 liter bottle)

$4.15 ₩5,755

$4.32 ₩5,987

-3.94%

Milk (1 liter)

$2.22 ₩3,079

$2.36 ₩3,265

-5.93%

White Bread (500g)

$3.20 ₩4,431

$3.22 ₩4,459

-0.62%

Rice (white) (1kg)

$3.20 ₩4,433

$3.20 ₩4,435

Eggs

$2.71 ₩3,756

$2.62 ₩3,629

3.44%

Local Cheese (1kg)

$10.93 ₩15.2K

$11.17 ₩15.5K

-2.15%

Chicken Fillets (1kg)

$10.59 ₩14.7K

$10.39 ₩14.4K

1.92%

Beef Round Steak (1kg)

$24.56 ₩34.0K

$24.99 ₩34.6K

-1.72%

Apples (1kg)

$10.91 ₩15.1K

$11.31 ₩15.7K

-3.54%

Banana (1kg)

$3.51 ₩4,867

$3.53 ₩4,886

-0.57%

Oranges (1kg)

$8.22 ₩11.4K

$8.05 ₩11.2K

2.11%

Tomato (1kg)

$5.79 ₩8,026

$5.74 ₩7,949

0.87%

Potato (1kg)

$5.89 ₩8,167

$5.91 ₩8,197

-0.34%

Onion (1kg)

$3.34 ₩4,627

$3.36 ₩4,660

-0.60%

Lettuce (1 head)

$2.74 ₩3,798

$2.71 ₩3,755

1.11%

Water (1.5 liter bottle)

$1.32 ₩1,834

$1.34 ₩1,854

-1.49%

Cigarettes 20 Pack (Marlboro, Camel)

$3.31 ₩4,587

$3.36 ₩4,657

-1.49%

Wine (Bottle)

$18.76 ₩26.0K

$18.27 ₩25.3K

2.68%

Local Beer (0.5 liter bottle)

$2.37 ₩3,283

$2.36 ₩3,266

0.42%

Imported Beer (0.33 liter bottle)

$3.34 ₩4,633

$3.37 ₩4,667

-0.89%

One-way Ticket (Public Transport)

$1.16 ₩1,608

$1.13 ₩1,561

2.65%

Public Transport Monthly Pass (Regular Price)

$58.8 ₩81.5K

Taxi Start (Normal Tariff)

$3.62 ₩5,010

$3.66 ₩5,070

-1.09%

Taxi (Normal Tariff) (1km)

$0.75 ₩1,045

$0.72 ₩993

4.17%

Taxi 1hour Waiting (Normal Tariff)

$16.97 ₩23.5K

$16.44 ₩22.8K

3.22%

Gasoline (1 liter)

$1.39 ₩1,932

$1.25 ₩1,727

11.20%

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

$29.3K ₩40.6M

$28.9K ₩40.0M

1.53%

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

$33.0K ₩45.7M

$33.9K ₩47.0M

-2.82%

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

$196 ₩271.6K

$198 ₩274.1K

-0.90%

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

$36.66 ₩50.8K

$36.53 ₩50.6K

0.36%

Internet (50+ Mbps, Unlimited Data)

$26.60 ₩36.9K

$26.49 ₩36.7K

0.42%

Gym Membership (Monthly)

$61.9 ₩85.8K

$56.7 ₩78.5K

9.27%

Tennis Court (1 Hour on Weekend)

$9.72 ₩13.5K

$11.79 ₩16.3K

-17.56%

Cinema Ticket

$11.82 ₩16.4K

$12.10 ₩16.8K

-2.31%

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

$628 ₩870.7K

$624 ₩864.2K

0.76%

International Primary School, 1 Child (Yearly)

$22.1K ₩30.6M

$22.0K ₩30.5M

0.30%

Jeans (Levis 501 Or Similar)

$102 ₩141.2K

$102 ₩141.5K

-0.24%

Summer Dress (H&M, Zara, etc)

$63.8 ₩88.5K

$66.0 ₩91.5K

-3.27%

Sport Shoes (Adidas, Nike)

$94.1 ₩130.4K

$92.4 ₩128.1K

1.81%

Men's Leather Business Shoes

$124 ₩172.5K

$125 ₩173.6K

-0.65%

1-bedroom Apartment, City Center (Monthly)

$722 ₩1.0M

$438 ₩606.4K

64.93%

1-bedroom Apartment, Outside City Center (Monthly)

$367 ₩509.0K

$353 ₩489.4K

4.00%

3-bedroom Apartment, City Center (Monthly)

$1,319 ₩1.8M

$1,145 ₩1.6M

15.21%

3-bedroom Apartment, Outside City Center (Monthly)

$701 ₩971.0K

$716 ₩992.9K

-2.21%

Buy Apartment in City Center (m2)

$9,980 ₩13.8M

$7,061 ₩9.8M

41.33%

Buy Apartment Outside City Center (m2)

$6,262 ₩8.7M

$5,458 ₩7.6M

14.74%

Average Monthly Net Salary (After Tax)

$2,835 ₩3.9M

$2,525 ₩3.5M

12.28%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

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

Last update for Busan: September 14, 2026

Last update for Gimhae: September 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $722 in Busan and $438 in Gimhae. Housing cost is often the main lever when comparing two cities.

Busan pays 12% 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: $49.00 in Busan vs $48.00 in Gimhae. Groceries flip the comparison at $482 vs $484, with Busan 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 Gimhae: Cost of Living - Frequently Asked Questions

Gimhae wins on cost – living expenses run 3% lower than in Busan. Housing and daily spending are where you'll feel the difference most, making Gimhae the obvious pick if budget is a priority.

Average pay runs 12% higher in Busan, 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: $722 in Busan versus $438 in Gimhae. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Busan pay roughly 1% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,596 per month in Busan versus $1,553 in Gimhae – a 3% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,553 in Gimhae versus $1,596 in Busan, a $1,000 budget is realistic in Gimhae but tight or insufficient in Busan. The gap between the two cities makes Gimhae 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 Gimhae 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 Gimhae gentler on the wallet – expenses run 3% less than in Busan. Beyond cost, consider language, visa policies, and how big the international community is in each city.