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

Monthly Cost of Living

Monthly costs for one person with rent: $1,456 in Mokpo versus $1,491 in Busan.

Estimated couple costs with rent: $2,261 in Mokpo versus $2,362 in Busan.

Monthly costs for a family of three with rent: $3,067 in Mokpo versus $3,234 in Busan.

Living in Mokpo costs roughly 2% less than in Busan, driven mainly by Getting Around.

Both cities are pricier than the global median: Mokpo 9% above, Busan 11% above.

Meal at Budget Restaurant

$13.34 ₩19.8K

$7.32 ₩10.9K

82.24%

Three-Course Dinner for Two, Mid-Range

$36.13 ₩53.6K

$36.93 ₩54.8K

-2.17%

Fast Food Meal (McDonalds, etc)

$5.31 ₩7,872

$6.00 ₩8,905

-11.50%

Cappuccino

$3.78 ₩5,605

$4.08 ₩6,057

-7.35%

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

$1.52 ₩2,255

$1.82 ₩2,706

-16.48%

Water (0.33 liter bottle)

$0.79 ₩1,165

$1.33 ₩1,968

-40.60%

Local Beer (0.5 liter draught)

$3.33 ₩4,938

$3.70 ₩5,491

-10.00%

Imported Beer (0.33 liter bottle)

$5.02 ₩7,446

$5.79 ₩8,584

-13.30%

Milk (1 liter)

$2.25 ₩3,332

$2.24 ₩3,320

0.45%

White Bread (500g)

$3.15 ₩4,667

$3.50 ₩5,191

-10.00%

Rice (white) (1kg)

$3.10 ₩4,599

$2.96 ₩4,394

4.73%

Eggs

$2.95 ₩4,383

$2.97 ₩4,407

-0.67%

Local Cheese (1kg)

$10.62 ₩15.8K

$10.31 ₩15.3K

3.01%

Chicken Fillets (1kg)

$8.31 ₩12.3K

$8.45 ₩12.5K

-1.66%

Beef Round Steak (1kg)

$27.81 ₩41.3K

$28.07 ₩41.6K

-0.93%

Apples (1kg)

$7.96 ₩11.8K

$8.29 ₩12.3K

-3.98%

Banana (1kg)

$3.26 ₩4,831

$3.24 ₩4,800

0.62%

Oranges (1kg)

$5.53 ₩8,197

$7.28 ₩10.8K

-24.04%

Tomato (1kg)

$5.35 ₩7,937

$5.20 ₩7,711

2.88%

Potato (1kg)

$3.98 ₩5,906

$5.05 ₩7,492

-21.19%

Onion (1kg)

$2.93 ₩4,349

$3.03 ₩4,498

-3.30%

Lettuce (1 head)

$2.17 ₩3,219

$2.02 ₩3,003

7.43%

Water (1.5 liter bottle)

$1.16 ₩1,727

$1.15 ₩1,711

0.87%

Cigarettes 20 Pack (Marlboro, Camel)

$3.25 ₩4,815

$3.29 ₩4,879

-1.22%

Wine (Bottle)

$15.24 ₩22.6K

$16.69 ₩24.8K

-8.69%

Local Beer (0.5 liter bottle)

$1.89 ₩2,809

$1.69 ₩2,514

11.83%

Imported Beer (0.33 liter bottle)

$3.32 ₩4,922

$3.49 ₩5,178

-4.87%

One-way Ticket (Public Transport)

$1.06 ₩1,578

$1.11 ₩1,650

-4.50%

Public Transport Monthly Pass (Regular Price)

$43.63 ₩64.7K

Taxi Start (Normal Tariff)

$3.43 ₩5,087

$3.45 ₩5,121

-0.58%

Taxi (Normal Tariff) (1km)

$0.53 ₩785

$0.79 ₩1,169

-32.91%

Taxi 1hour Waiting (Normal Tariff)

$9.02 ₩13.4K

$16.60 ₩24.6K

-45.66%

Gasoline (1 liter)

$1.16 ₩1,727

$1.17 ₩1,739

-0.85%

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

$27.5K ₩40.8M

$27.5K ₩40.7M

0.15%

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

$24.7K ₩36.6M

0.18%

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

$163 ₩241.8K

$187 ₩277.1K

-12.73%

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

$35.17 ₩52.2K

$49.90 ₩74.0K

-29.52%

Internet (50+ Mbps, Unlimited Data)

$22.64 ₩33.6K

$27.20 ₩40.3K

-16.76%

Gym Membership (Monthly)

$48.24 ₩71.6K

$52.5 ₩77.9K

-8.13%

Tennis Court (1 Hour on Weekend)

$13.38 ₩19.9K

Cinema Ticket

$10.98 ₩16.3K

$11.52 ₩17.1K

-4.69%

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

$406 ₩602.1K

$496 ₩736.3K

-18.22%

International Primary School, 1 Child (Yearly)

$23.9K ₩35.5M

$13.9K ₩20.6M

71.90%

Jeans (Levis 501 Or Similar)

$50.7 ₩75.3K

$103 ₩152.4K

-50.61%

Summer Dress (H&M, Zara, etc)

$47.68 ₩70.7K

$66.2 ₩98.2K

-27.96%

Sport Shoes (Adidas, Nike)

$80.6 ₩119.6K

$89.1 ₩132.1K

-9.51%

Men's Leather Business Shoes

$115 ₩170.8K

$119 ₩176.1K

-3.00%

1-bedroom Apartment, City Center (Monthly)

$449 ₩665.9K

$516 ₩766.1K

-13.08%

1-bedroom Apartment, Outside City Center (Monthly)

$383 ₩567.8K

$313 ₩465.0K

22.10%

3-bedroom Apartment, City Center (Monthly)

$1,070 ₩1.6M

$1,022 ₩1.5M

4.73%

3-bedroom Apartment, Outside City Center (Monthly)

$764 ₩1.1M

$670 ₩993.4K

14.04%

Buy Apartment in City Center (m2)

$9,807 ₩14.5M

$9,547 ₩14.2M

2.73%

Buy Apartment Outside City Center (m2)

$5,109 ₩7.6M

$7,094 ₩10.5M

-27.99%

Average Monthly Net Salary (After Tax)

$2,452 ₩3.6M

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

4.22

-1.90%

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

Last update for Mokpo: April 26, 2026

Last update for Busan: April 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $449 in Mokpo and $516 in Busan. Housing cost is often the main lever when comparing two cities.

Dining out: $36.00 in Mokpo vs $37.00 in Busan for a mid-range dinner for two. Groceries echo the gap at $430 vs $446 per month, with Mokpo cheaper across the board.

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

Mokpo vs Busan: Cost of Living - Frequently Asked Questions

Mokpo wins on cost – living expenses run 2% 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.

You'd need roughly $2,183 in Mokpo and $2,237 in Busan 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.

Rent for a central apartment: $449 in Mokpo versus $516 in Busan. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 4% higher in Busan. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,456 per month in Mokpo versus $1,491 in Busan – a 2% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,456 in Mokpo versus $1,491 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.

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, Mokpo 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 Mokpo gentler on the wallet – expenses run 2% less than in Busan. Beyond cost, consider language, visa policies, and how big the international community is in each city.