Last update: Oct 2026

Cost of Living Comparison Between Geoje and Busan

For one person, living is cheaper in Geoje: $1,762 a month against $1,842 in Busan, rent and utilities included – about $960 less a year. Other living expenses account for most of the difference.

84

Cost of Living Index in Geoje
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Geoje Living Index
88

Cost of Living Index in Busan
Learn more

Busan Living Index

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Geoje

🇰🇷 South Korea

$1,762

/mo nomad

Busan

🇰🇷 South Korea

$1,842

/mo nomad

Monthly Cost of Living

How much you'll spend in Geoje and in Busan

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

Monthly costs for one person with rent: $1,762 in Geoje versus $1,842 in Busan.

Geoje $1,762
Busan $1,842

Estimated couple costs with rent: $2,693 in Geoje versus $3,019 in Busan.

Geoje $2,693
Busan $3,019

Monthly costs for a family of three with rent: $3,624 in Geoje versus $4,196 in Busan.

Geoje $3,624
Busan $4,196

Living in Geoje costs roughly 4% less than in Busan, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Geoje 29% above, Busan 35% above.

Meal at Budget Restaurant

$7.34 ₩9,802

$7.69 ₩10.3K

-4.55%

Three-Course Dinner for Two, Mid-Range

$49.85 ₩66.5K

$49.41 ₩66.0K

0.89%

Fast Food Meal (McDonalds, etc)

$6.67 ₩8,911

$6.63 ₩8,856

0.60%

Cappuccino

$3.78 ₩5,051

$3.68 ₩4,912

2.72%

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

$1.86 ₩2,488

$1.86 ₩2,479

Water (0.33 liter bottle)

$1.16 ₩1,547

$1.39 ₩1,861

-16.55%

Local Beer (0.5 liter draught)

$1.87 ₩2,498

$3.73 ₩4,986

-49.87%

Imported Beer (0.33 liter bottle)

$3.83 ₩5,115

$4.41 ₩5,886

-13.15%

Milk (1 liter)

$2.36 ₩3,153

$2.26 ₩3,016

4.42%

White Bread (500g)

$2.90 ₩3,870

$3.25 ₩4,340

-10.77%

Rice (white) (1kg)

$3.19 ₩4,261

$3.11 ₩4,149

2.57%

Eggs

$2.73 ₩3,639

$2.67 ₩3,562

2.25%

Local Cheese (1kg)

$10.95 ₩14.6K

$11.14 ₩14.9K

-1.71%

Chicken Fillets (1kg)

$7.29 ₩9,735

$10.70 ₩14.3K

-31.87%

Beef Round Steak (1kg)

$22.86 ₩30.5K

$24.98 ₩33.4K

-8.49%

Apples (1kg)

$11.13 ₩14.9K

$11.16 ₩14.9K

-0.27%

Banana (1kg)

$3.76 ₩5,017

$3.59 ₩4,794

4.74%

Oranges (1kg)

$6.08 ₩8,119

$8.17 ₩10.9K

-25.58%

Tomato (1kg)

$5.90 ₩7,876

$6.11 ₩8,153

-3.44%

Potato (1kg)

$5.88 ₩7,844

$6.20 ₩8,277

-5.16%

Onion (1kg)

$3.27 ₩4,363

$3.33 ₩4,440

-1.80%

Lettuce (1 head)

$2.85 ₩3,799

$2.88 ₩3,848

-1.04%

Water (1.5 liter bottle)

$1.29 ₩1,727

$1.29 ₩1,722

Cigarettes 20 Pack (Marlboro, Camel)

$3.32 ₩4,436

$3.46 ₩4,617

-4.05%

Wine (Bottle)

$13.40 ₩17.9K

$18.56 ₩24.8K

-27.80%

Local Beer (0.5 liter bottle)

$1.86 ₩2,484

$2.42 ₩3,230

-23.14%

Imported Beer (0.33 liter bottle)

$3.58 ₩4,785

$3.59 ₩4,799

-0.28%

One-way Ticket (Public Transport)

$1.25 ₩1,671

$1.15 ₩1,529

8.70%

Public Transport Monthly Pass (Regular Price)

$70.6 ₩94.2K

Taxi Start (Normal Tariff)

$2.95 ₩3,941

$3.55 ₩4,742

-16.90%

Taxi (Normal Tariff) (1km)

$0.78 ₩1,037

$0.73 ₩981

6.85%

Taxi 1hour Waiting (Normal Tariff)

$16.68 ₩22.3K

$16.97 ₩22.7K

-1.71%

Gasoline (1 liter)

$1.36 ₩1,818

$1.42 ₩1,892

-4.23%

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

$39.6K ₩52.9M

$39.9K ₩53.3M

-0.85%

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

$34.6K ₩46.2M

$33.9K ₩45.3M

2.10%

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

$203 ₩271.2K

$206 ₩274.7K

-1.25%

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

$36.39 ₩48.6K

$36.67 ₩49.0K

-0.76%

Internet (50+ Mbps, Unlimited Data)

$27.47 ₩36.7K

$27.39 ₩36.6K

0.29%

Gym Membership (Monthly)

$132 ₩176.3K

$51.6 ₩68.9K

156.09%

Tennis Court (1 Hour on Weekend)

$10.15 ₩13.6K

Cinema Ticket

$12.17 ₩16.3K

$11.88 ₩15.9K

2.44%

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

$633 ₩845.4K

$638 ₩852.1K

-0.79%

International Primary School, 1 Child (Yearly)

$22.3K ₩29.8M

$22.3K ₩29.7M

0.17%

Jeans (Levis 501 Or Similar)

$104 ₩139.3K

-0.04%

Summer Dress (H&M, Zara, etc)

$65.7 ₩87.7K

$65.1 ₩86.9K

0.97%

Sport Shoes (Adidas, Nike)

$52.5 ₩70.1K

$92.8 ₩123.9K

-43.40%

Men's Leather Business Shoes

$127 ₩169.9K

$130 ₩173.6K

-2.11%

1-bedroom Apartment, City Center (Monthly)

$671 ₩896.0K

$746 ₩995.6K

-10.01%

1-bedroom Apartment, Outside City Center (Monthly)

$576 ₩768.8K

$583 ₩778.0K

-1.19%

3-bedroom Apartment, City Center (Monthly)

$1,184 ₩1.6M

$2,151 ₩2.9M

-44.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,038 ₩1.4M

$1,450 ₩1.9M

-28.39%

Buy Apartment in City Center (m2)

$8,485 ₩11.3M

Buy Apartment Outside City Center (m2)

$3,272 ₩4.4M

Average Monthly Net Salary (After Tax)

$1,770 ₩2.4M

$2,826 ₩3.8M

-37.35%

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 Geoje: October 26, 2026

Last update for Busan: October 27, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Geoje

$576 32.7%

Busan

$583 31.6% 1.2% $6.9

Groceries & Markets

Geoje

$441 25%

Busan

$489 26.6% 11.1% $49

Monthly Utilities & Internet

Geoje

$267 15.2%

Busan

$270 14.7% 1% $2.8

Clothing & Footwear

Geoje

$157 8.9%

Busan

$177 9.6% 12.1% $19

Sport & Entertainment

Geoje

$156 8.9%

Busan

$75 4.1% 51.8% $81

Eating Out

Geoje

$153 8.7%

Busan

$166 9% 8.4% $13

Getting Around

Geoje

$12 * 0.7%

Busan

$82 4.5% 596% $71

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 $671 in Geoje and $746 in Busan. Housing cost is often the main lever when comparing two cities.

Busan pays 60% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $50 in Geoje vs $49 in Busan. Groceries flip the comparison at $441 vs $489, with Geoje cheaper for home cooking.

Good to know

🇰🇷 Geoje

🇰🇷 Busan

🕒 Local time

05:17 5:17 AM

Same time as Geoje

🌤 Weather

👥 Population

254,073

3,586,079

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

Exchange rates and currency converter

On the map

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From you

Geoje
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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

Geoje vs Busan: Cost of Living - Frequently Asked Questions

Geoje wins on cost – living expenses run 4% lower than in Busan. Housing and daily spending are where you’ll feel the difference most, making Geoje the obvious pick if budget is a priority.

On paper, salaries run 37% lower in Geoje. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $671 in Geoje versus $746 in Busan. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,762 per month in Geoje versus $1,842 in Busan – Geoje is about 4% cheaper, which adds up to real savings over time.

Supermarket bills run roughly 11% higher in Busan. For households that cook at home regularly, that difference adds up over a month.

Safety-wise, Geoje and Busan are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Geoje wins on affordability, Busan on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.