Cost of Living Comparison Between Gyeonggi and Busan Cost of Living Comparison Between Gyeonggi and Busan

Monthly Cost of Living

Monthly costs for one person with rent: $1,037 in Gyeonggi versus $1,558 in Busan.

Estimated couple costs with rent: $2,035 in Gyeonggi versus $2,474 in Busan.

Monthly costs for a family of three with rent: $3,032 in Gyeonggi versus $3,389 in Busan.

Living in Gyeonggi costs roughly 33% less than in Busan, driven mainly by Groceries & Markets.

The two cities straddle the global median: Gyeonggi is 25% below, Busan is 13% above.

Meal at Budget Restaurant

$7.44 ₩10.1K

$7.46 ₩10.1K

-0.27%

Three-Course Dinner for Two, Mid-Range

$58.2 ₩79.1K

$47.19 ₩64.1K

23.31%

Fast Food Meal (McDonalds, etc)

$6.16 ₩8,379

$6.64 ₩9,022

-7.23%

Cappuccino

$3.87 ₩5,258

$3.69 ₩5,020

4.88%

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

$1.15 ₩1,563

$1.83 ₩2,483

-37.16%

Water (0.33 liter bottle)

$0.66 ₩901

$1.37 ₩1,869

-51.82%

Local Beer (0.5 liter draught)

$3.20 ₩4,352

$3.75 ₩5,098

-14.67%

Imported Beer (0.33 liter bottle)

$2.99 ₩4,067

$4.09 ₩5,553

-26.89%

Milk (1 liter)

$1.74 ₩2,360

$2.24 ₩3,040

-22.32%

White Bread (500g)

$3.05 ₩4,143

Rice (white) (1kg)

$3.10 ₩4,214

Eggs

$2.55 ₩3,471

Local Cheese (1kg)

$10.71 ₩14.6K

Chicken Fillets (1kg)

$10.37 ₩14.1K

Beef Round Steak (1kg)

$24.66 ₩33.5K

Apples (1kg)

$11.14 ₩15.1K

$10.92 ₩14.8K

2.01%

Banana (1kg)

$3.54 ₩4,814

$3.49 ₩4,746

1.43%

Oranges (1kg)

$7.43 ₩10.1K

$7.82 ₩10.6K

-4.99%

Tomato (1kg)

$5.68 ₩7,723

Potato (1kg)

$5.95 ₩8,093

Onion (1kg)

$3.33 ₩4,531

Lettuce (1 head)

$2.72 ₩3,698

Water (1.5 liter bottle)

$1.32 ₩1,791

Cigarettes 20 Pack (Marlboro, Camel)

$3.23 ₩4,391

Wine (Bottle)

$18.58 ₩25.3K

Local Beer (0.5 liter bottle)

$2.38 ₩3,229

Imported Beer (0.33 liter bottle)

$3.40 ₩4,628

One-way Ticket (Public Transport)

$1.12 ₩1,522

Public Transport Monthly Pass (Regular Price)

$57.5 ₩78.2K

Taxi Start (Normal Tariff)

$3.00 ₩4,081

$3.57 ₩4,848

-15.97%

Taxi (Normal Tariff) (1km)

$0.56 ₩767

$0.76 ₩1,029

-26.32%

Taxi 1hour Waiting (Normal Tariff)

$16.31 ₩22.2K

Gasoline (1 liter)

$1.43 ₩1,946

$1.36 ₩1,855

5.15%

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

$28.4K ₩38.7M

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

$32.5K ₩44.1M

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

$183 ₩249.3K

$195 ₩264.5K

-5.73%

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

$40.40 ₩54.9K

$35.82 ₩48.7K

12.79%

Internet (50+ Mbps, Unlimited Data)

$20.99 ₩28.5K

$26.31 ₩35.8K

-20.22%

Gym Membership (Monthly)

$54.4 ₩74.0K

$60.5 ₩82.2K

-10.03%

Tennis Court (1 Hour on Weekend)

$9.48 ₩12.9K

Cinema Ticket

$10.03 ₩13.6K

$11.48 ₩15.6K

-12.63%

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

$620 ₩842.4K

International Primary School, 1 Child (Yearly)

$21.1K ₩28.7M

Jeans (Levis 501 Or Similar)

$58.0 ₩78.8K

$104 ₩141.2K

-44.19%

Summer Dress (H&M, Zara, etc)

$41.02 ₩55.8K

$63.5 ₩86.3K

-35.38%

Sport Shoes (Adidas, Nike)

$83.1 ₩112.9K

$91.6 ₩124.6K

-9.35%

Men's Leather Business Shoes

$122 ₩165.9K

1-bedroom Apartment, City Center (Monthly)

$508 ₩690.5K

$705 ₩959.0K

-28.00%

1-bedroom Apartment, Outside City Center (Monthly)

$360 ₩489.4K

$351 ₩477.5K

2.48%

3-bedroom Apartment, City Center (Monthly)

$2,046 ₩2.8M

$1,314 ₩1.8M

55.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,497 ₩2.0M

$689 ₩937.0K

117.19%

Buy Apartment in City Center (m2)

$10.0K ₩13.6M

Buy Apartment Outside City Center (m2)

$6,273 ₩8.5M

Average Monthly Net Salary (After Tax)

$2,137 ₩2.9M

$2,791 ₩3.8M

-23.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

4.22

-17.06%

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

Last update for Gyeonggi: August 29, 2026

Last update for Busan: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $508 in Gyeonggi and $705 in Busan. Housing cost is often the main lever when comparing two cities.

Busan pays 31% 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: $58.0 in Gyeonggi vs $47.00 in Busan. Groceries flip the comparison at $124 vs $476, with Gyeonggi 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

Gyeonggi vs Busan: Cost of Living - Frequently Asked Questions

Gyeonggi wins on cost – living expenses run 50% lower than in Busan. Housing and daily spending are where you'll feel the difference most, making Gyeonggi the obvious pick if budget is a priority.

On paper, salaries run 31% lower in Busan. 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: $508 in Gyeonggi versus $705 in Busan. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,037 per month in Gyeonggi versus $1,558 in Busan – a 50% gap that adds up to real savings over time for anyone picking the cheaper option.

Supermarket bills run roughly 284% higher in Busan. For households that cook at home regularly, that difference adds up over a month.

At $1,037 in Gyeonggi versus $1,558 in Busan, a $1,500 budget is realistic in Gyeonggi but tight or insufficient in Busan. The gap between the two cities makes Gyeonggi 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, Gyeonggi and Busan 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 Gyeonggi gentler on the wallet – expenses run 50% less than in Busan. Beyond cost, consider language, visa policies, and how big the international community is in each city.