Last update: Nov 2026

Cost of Living Comparison Between Busan and Mokpo

For one person, living is cheaper in Mokpo: $1,406 a month against $1,812 in Busan, rent and utilities included – about $4,900 less a year. Rent and utilities account for about half of the difference.

Busan, South Korea
Mokpo, South Korea
Busan
🇰🇷 South Korea
$1,812
/mo nomad
Mokpo
🇰🇷 South Korea
$1,406
/mo nomad
Monthly Cost of Living

How much you'll spend in Busan and in Mokpo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Busan and in Mokpo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,812 in Busan versus $1,406 in Mokpo.

  • Busan $1,812
  • Mokpo $1,406

Estimated couple costs with rent: $2,952 in Busan versus $2,304 in Mokpo.

  • Busan $2,952
  • Mokpo $2,304

Monthly costs for a family of three with rent: $4,091 in Busan versus $3,202 in Mokpo.

  • Busan $4,091
  • Mokpo $3,202

Living in Busan is roughly 29% more expensive than in Mokpo, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Busan 34% above, Mokpo 4% above.

Currency
🍽 Eating Out
Busan
Mokpo
Difference
Meal at Budget Restaurant
$7.34 ₩9,859
$7.40 ₩9,949
-0.81%
Three-Course Dinner for Two, Mid-Range
$48.83 ₩65.6K
$37.40 ₩50.3K
30.56%
Fast Food Meal (McDonalds, etc)
$6.59 ₩8,851
$6.67 ₩8,969
-1.20%
Cappuccino
$3.75 ₩5,042
$3.55 ₩4,775
5.63%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.78 ₩2,386
$1.58 ₩2,128
12.66%
Water (0.33 liter bottle)
$1.45 ₩1,942
$0.69 ₩921
110.14%
Local Beer (0.5 liter draught)
$3.67 ₩4,933
$3.38 ₩4,544
8.58%
Imported Beer (0.33 liter bottle)
$4.33 ₩5,824
$4.16 ₩5,594
4.09%
🛒 Groceries & Markets
Busan
Mokpo
Difference
Milk (1 liter)
$2.32 ₩3,116
$2.14 ₩2,882
8.41%
White Bread (500g)
$3.24 ₩4,351
$3.15 ₩4,231
2.86%
Rice (white) (1kg)
$3.07 ₩4,124
$2.73 ₩3,674
12.45%
Eggs
$2.71 ₩3,636
$2.62 ₩3,525
3.44%
Local Cheese (1kg)
$11.00 ₩14.8K
$10.55 ₩14.2K
4.27%
Chicken Fillets (1kg)
$10.52 ₩14.1K
$10.58 ₩14.2K
-0.57%
Beef Round Steak (1kg)
$25.00 ₩33.6K
$21.61 ₩29.0K
15.69%
Apples (1kg)
$11.04 ₩14.8K
$7.48 ₩10.1K
47.59%
Banana (1kg)
$3.65 ₩4,900
$3.03 ₩4,068
20.46%
Oranges (1kg)
$7.91 ₩10.6K
$5.30 ₩7,120
49.25%
Tomato (1kg)
$5.78 ₩7,773
$5.35 ₩7,184
8.04%
Potato (1kg)
$5.87 ₩7,888
$3.75 ₩5,042
56.53%
Onion (1kg)
$3.25 ₩4,372
$2.71 ₩3,639
19.93%
Lettuce (1 head)
$2.72 ₩3,652
$2.75 ₩3,700
-1.09%
Water (1.5 liter bottle)
$1.26 ₩1,698
$1.25 ₩1,677
0.80%
Cigarettes 20 Pack (Marlboro, Camel)
$3.31 ₩4,447
$3.25 ₩4,364
1.85%
Wine (Bottle)
$18.92 ₩25.4K
$13.48 ₩18.1K
40.36%
Local Beer (0.5 liter bottle)
$2.42 ₩3,253
$2.35 ₩3,159
2.98%
Imported Beer (0.33 liter bottle)
$3.64 ₩4,889
$3.62 ₩4,861
0.55%
🚌 Getting Around
Busan
Mokpo
Difference
One-way Ticket (Public Transport)
$1.18 ₩1,583
$1.00 ₩1,341
18.00%
Public Transport Monthly Pass (Regular Price)
$68.1 ₩91.4K
-
-
Taxi Start (Normal Tariff)
$3.60 ₩4,843
$4.09 ₩5,490
-11.98%
Taxi (Normal Tariff) (1km)
$0.66 ₩893
$0.59 ₩794
11.86%
Taxi 1hour Waiting (Normal Tariff)
$14.88 ₩20.0K
$9.80 ₩13.2K
51.84%
Gasoline (1 liter)
$1.36 ₩1,831
$1.41 ₩1,901
-3.55%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$40.0K ₩53.8M
$30.2K ₩40.6M
32.32%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$33.0K ₩44.3M
$30.1K ₩40.5M
9.54%
🧾 Monthly Utilities & Internet
Busan
Mokpo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$197 ₩264.6K
$207 ₩277.8K
-4.76%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.89 ₩48.2K
$35.80 ₩48.1K
0.25%
Internet (50+ Mbps, Unlimited Data)
$26.71 ₩35.9K
$22.26 ₩29.9K
19.99%
🎉 Sport & Entertainment
Busan
Mokpo
Difference
Gym Membership (Monthly)
$50.9 ₩68.4K
$50.6 ₩68.0K
0.53%
Tennis Court (1 Hour on Weekend)
$9.86 ₩13.3K
$12.38 ₩16.6K
-20.36%
Cinema Ticket
$11.71 ₩15.7K
$11.94 ₩16.0K
-1.93%
🧸 Childcare & Education
Busan
Mokpo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$624 ₩838.2K
$416 ₩559.3K
49.86%
International Primary School, 1 Child (Yearly)
$22.0K ₩29.6M
$22.6K ₩30.4M
-2.67%
👕👟 Clothing & Footwear
Busan
Mokpo
Difference
Jeans (Levis 501 Or Similar)
$104 ₩140.1K
$62.6 ₩84.1K
66.57%
Summer Dress (H&M, Zara, etc)
$65.9 ₩88.6K
$62.0 ₩83.3K
6.26%
Sport Shoes (Adidas, Nike)
$92.2 ₩123.9K
$74.6 ₩100.2K
23.65%
Men's Leather Business Shoes
$129 ₩172.7K
$109 ₩147.0K
17.50%
🏠 Accommodation & Living
Busan
Mokpo
Difference
1-bedroom Apartment, City Center (Monthly)
$753 ₩1.0M
$533 ₩716.0K
41.26%
1-bedroom Apartment, Outside City Center (Monthly)
$575 ₩773.0K
$344 ₩462.9K
67.01%
3-bedroom Apartment, City Center (Monthly)
$2,202 ₩3.0M
$1,118 ₩1.5M
96.89%
3-bedroom Apartment, Outside City Center (Monthly)
$1,386 ₩1.9M
$940 ₩1.3M
47.41%
Buy Apartment in City Center (m2)
$5,126 ₩6.9M
$6,862 ₩9.2M
-25.29%
Buy Apartment Outside City Center (m2)
$3,249 ₩4.4M
$5,612 ₩7.5M
-42.12%
💵 Salaries & Financials
Busan
Mokpo
Difference
Average Monthly Net Salary (After Tax)
$2,658 ₩3.6M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.22
4.1
2.93%

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

Last update for Busan: November 2, 2026

Last update for Mokpo: October 31, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Busan
$575
Mokpo
$344 40.1% $231
Groceries & Markets
Busan
$484
Mokpo
$416 14.1% $68
Monthly Utilities & Internet
Busan
$259
Mokpo
$265 2% $5.3
Clothing & Footwear
Busan
$176
Mokpo
$139 21.1% $37
Eating Out
Busan
$163
Mokpo
$156 4.4% $7.2
Getting Around
Busan
$80
Mokpo
$11 * 86.2% $69
Sport & Entertainment
Busan
$74
Mokpo
$74 0.2% $0.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $753 in Busan and $533 in Mokpo. Housing cost is often the main lever when comparing two cities.

Dining out: $49 in Busan vs $37 in Mokpo for a mid-range dinner for two. Groceries echo the gap at $484 vs $416 per month, with Mokpo cheaper across the board.

Good to know
🇰🇷 Busan
🇰🇷 Mokpo
🕒 Local time
15:49 3:49 PM
15:49 3:49 PM
Same time as Busan
🌤 Weather
👥 Population
3,586,079
237,739
💱 Currency
Exchange rates and currency converter

USD, EUR to KRW – South Korean Won Converter

South Korean Won exchange rates as of November 4, 2026: 1 USD = 1,344 KRW (10,000 KRW = 7.44 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

On the map
Between locations
  • Busan Mokpo 250 km
From you
  • Busan
  • Mokpo

Distances are measured in a straight line. Your location is detected approximately.

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 Mokpo: Cost of Living - Frequently Asked Questions
Which city is more expensive, Busan or Mokpo?
Mokpo wins on cost – living expenses run 22% lower than in Busan. Housing and daily spending are where you’ll feel the difference most, making Mokpo the obvious pick if budget is a priority.
How much do you need to earn to live comfortably in Busan and in Mokpo?
You’d need roughly $2,718 in Busan and $2,109 in Mokpo to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.
How much does a 1-bedroom apartment cost in Busan compared to Mokpo?
Rent for a central apartment: $753 in Busan versus $533 in Mokpo. Housing is usually the single largest factor when comparing overall living costs between the two.
Are groceries more expensive in Busan or in Mokpo?
Supermarket bills run roughly 16% higher in Busan. For households that cook at home regularly, that difference adds up over a month.
How much does it cost to live in Busan compared to Mokpo?
All in, you’ll spend $1,812 per month in Busan versus $1,406 in Mokpo – Mokpo is about 22% cheaper, which adds up to real savings over time.
Which city is better for families?
For families, Mokpo is more practical. Housing and childcare are both notably cheaper than in Busan, and the savings on those two alone free up budget for education, activities, and family trips.
How safe is Busan compared to Mokpo?
Safety-wise, Busan and Mokpo are both considered safe, so it’s unlikely to be the deciding factor between them.

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