Cost of Living Comparison Between Busan and Mokpo Cost of Living Comparison Between Busan and Mokpo

Monthly Cost of Living

Monthly costs for one person with rent: $1,494 in Busan versus $1,439 in Mokpo.

Estimated couple costs with rent: $2,332 in Busan versus $2,295 in Mokpo.

Monthly costs for a family of three with rent: $3,171 in Busan versus $3,151 in Mokpo.

Living in Busan is roughly 4% more expensive than Mokpo, driven mainly by Getting Around.

Both cities are pricier than the global median: Busan 11% above, Mokpo 7% above.

Currency
🍽 Eating Out
Busan
Mokpo
Difference
Meal at Budget Restaurant
$7.33 ₩11.1K
$13.73 ₩20.8K
-46.61%
Three-Course Dinner for Two, Mid-Range
$37.36 ₩56.7K
$36.69 ₩55.7K
1.83%
Fast Food Meal (McDonalds, etc)
$5.93 ₩9,003
$5.52 ₩8,380
7.43%
Cappuccino
$4.00 ₩6,070
$3.85 ₩5,844
3.90%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.88 ₩2,852
$1.60 ₩2,430
17.50%
Water (0.33 liter bottle)
$1.33 ₩2,021
$0.79 ₩1,195
68.35%
Local Beer (0.5 liter draught)
$3.64 ₩5,520
$3.27 ₩4,959
11.31%
Imported Beer (0.33 liter bottle)
$5.92 ₩8,993
$5.03 ₩7,642
17.69%
🛒 Groceries & Markets
Busan
Mokpo
Difference
Milk (1 liter)
$2.35 ₩3,574
$2.25 ₩3,415
4.44%
White Bread (500g)
$3.57 ₩5,427
$3.09 ₩4,692
15.53%
Rice (white) (1kg)
$3.14 ₩4,766
$3.13 ₩4,747
0.32%
Eggs
$2.86 ₩4,345
$2.93 ₩4,448
-2.39%
Local Cheese (1kg)
$10.58 ₩16.1K
$10.37 ₩15.7K
2.03%
Chicken Fillets (1kg)
$8.42 ₩12.8K
$8.44 ₩12.8K
-0.24%
Beef Round Steak (1kg)
$27.75 ₩42.1K
$28.03 ₩42.6K
-1.00%
Apples (1kg)
$8.37 ₩12.7K
$8.00 ₩12.2K
4.62%
Banana (1kg)
$3.23 ₩4,898
$3.20 ₩4,863
0.94%
Oranges (1kg)
$7.55 ₩11.5K
$5.70 ₩8,651
32.46%
Tomato (1kg)
$5.27 ₩8,006
$5.35 ₩8,121
-1.50%
Potato (1kg)
$5.10 ₩7,738
$4.00 ₩6,077
27.50%
Onion (1kg)
$3.05 ₩4,632
$2.86 ₩4,345
6.64%
Lettuce (1 head)
$2.04 ₩3,093
$2.18 ₩3,308
-6.42%
Water (1.5 liter bottle)
$1.20 ₩1,827
$1.16 ₩1,764
3.45%
Cigarettes 20 Pack (Marlboro, Camel)
$3.30 ₩5,008
$3.34 ₩5,074
-1.20%
Wine (Bottle)
$16.14 ₩24.5K
$16.40 ₩24.9K
-1.59%
Local Beer (0.5 liter bottle)
$1.77 ₩2,689
$1.86 ₩2,830
-4.84%
Imported Beer (0.33 liter bottle)
$3.33 ₩5,056
$3.35 ₩5,093
-0.60%
🚌 Getting Around
Busan
Mokpo
Difference
One-way Ticket (Public Transport)
$1.13 ₩1,714
$1.06 ₩1,612
6.60%
Public Transport Monthly Pass (Regular Price)
$44.01 ₩66.8K
-
-
Taxi Start (Normal Tariff)
$3.50 ₩5,313
$3.58 ₩5,434
-2.23%
Taxi (Normal Tariff) (1km)
$0.84 ₩1,281
$0.52 ₩797
61.54%
Taxi 1hour Waiting (Normal Tariff)
$16.49 ₩25.0K
$9.03 ₩13.7K
82.61%
Gasoline (1 liter)
$1.16 ₩1,756
$1.22 ₩1,855
-4.92%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.0K ₩42.5M
$27.3K ₩41.5M
2.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.3K ₩38.4M
$24.9K ₩37.8M
1.79%
🧾 Monthly Utilities & Internet
Busan
Mokpo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$186 ₩282.7K
$163 ₩247.3K
14.32%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$50.8 ₩77.1K
$34.30 ₩52.1K
48.10%
Internet (50+ Mbps, Unlimited Data)
$27.96 ₩42.5K
$21.92 ₩33.3K
27.55%
🎉 Sport & Entertainment
Busan
Mokpo
Difference
Gym Membership (Monthly)
$52.4 ₩79.6K
$47.56 ₩72.2K
10.22%
Tennis Court (1 Hour on Weekend)
$13.20 ₩20.0K
-
-
Cinema Ticket
$11.17 ₩17.0K
$11.10 ₩16.9K
0.63%
🧸 Childcare & Education
Busan
Mokpo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$489 ₩743.0K
$405 ₩615.6K
20.69%
International Primary School, 1 Child (Yearly)
$14.3K ₩21.8M
$23.2K ₩35.3M
-38.31%
👕👟 Clothing & Footwear
Busan
Mokpo
Difference
Jeans (Levis 501 Or Similar)
$103 ₩155.7K
$52.1 ₩79.2K
96.62%
Summer Dress (H&M, Zara, etc)
$65.2 ₩99.0K
$46.89 ₩71.2K
39.09%
Sport Shoes (Adidas, Nike)
$86.6 ₩131.5K
$79.4 ₩120.6K
9.02%
Men's Leather Business Shoes
$117 ₩178.2K
$114 ₩173.4K
2.77%
🏠 Accommodation & Living
Busan
Mokpo
Difference
1-bedroom Apartment, City Center (Monthly)
$500 ₩759.8K
$459 ₩697.1K
8.99%
1-bedroom Apartment, Outside City Center (Monthly)
$324 ₩491.7K
$379 ₩575.4K
-14.54%
3-bedroom Apartment, City Center (Monthly)
$991 ₩1.5M
$1,051 ₩1.6M
-5.72%
3-bedroom Apartment, Outside City Center (Monthly)
$673 ₩1.0M
$752 ₩1.1M
-10.57%
Buy Apartment in City Center (m2)
$9,714 ₩14.8M
$10.8K ₩16.4M
-9.84%
Buy Apartment Outside City Center (m2)
$6,961 ₩10.6M
$5,902 ₩9.0M
17.94%
💵 Salaries & Financials
Busan
Mokpo
Difference
Average Monthly Net Salary (After Tax)
$2,396 ₩3.6M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.22
4.14
1.93%

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

Last update for Busan: June 6, 2026

Last update for Mokpo: June 6, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $500 in Busan and $459 in Mokpo. Housing cost is often the main lever when comparing two cities.

Dining out: $37.00 in Busan vs $37.00 in Mokpo. Groceries flip the comparison at $450 vs $433, with Mokpo 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 Mokpo: Cost of Living - Frequently Asked Questions
Which city is more expensive, Busan or Mokpo?
Mokpo wins on cost – living expenses run 4% 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 vs Mokpo?
You'd need roughly $2,241 in Busan and $2,159 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 vs Mokpo?
Rent for a central apartment: $500 in Busan versus $459 in Mokpo. Housing is usually the single largest factor when comparing overall living costs between the two.
Are groceries more expensive in Busan or Mokpo?
Supermarket bills run roughly 4% 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 $1,494 per month in Busan versus $1,439 in Mokpo – a 4% gap that adds up to real savings over time for anyone picking the cheaper option.
Can you live on $1,500/month in Busan or Mokpo?
At $1,439 in Mokpo versus $1,494 in Busan, a $1,500 budget is realistic in Mokpo but tight or insufficient in Busan. The gap between the two cities makes Mokpo the clear choice for anyone on this budget.
Which city offers a better quality of life: Busan or Mokpo?
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.
How safe is Busan compared to Mokpo?
Safety-wise, Busan and Mokpo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is more affordable for expats?
Expats usually find Mokpo gentler on the wallet – expenses run 4% less than in Busan. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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