Cost of Living Comparison Between Pohang and Busan Cost of Living Comparison Between Pohang and Busan

Monthly Cost of Living

Monthly costs for one person with rent: $1,307 in Pohang versus $1,558 in Busan.

Estimated couple costs with rent: $1,611 in Pohang versus $2,474 in Busan.

Monthly costs for a family of three with rent: $1,915 in Pohang versus $3,389 in Busan.

Living in Pohang costs roughly 16% less than in Busan, driven mainly by Groceries & Markets.

The two cities straddle the global median: Pohang is 5% below, Busan is 13% above.

Meal at Budget Restaurant

$5.81 ₩7,898

$7.46 ₩10.1K

-22.12%

Three-Course Dinner for Two, Mid-Range

$21.80 ₩29.6K

$47.19 ₩64.1K

-53.80%

Fast Food Meal (McDonalds, etc)

$6.59 ₩8,957

$6.64 ₩9,022

-0.75%

Cappuccino

$2.87 ₩3,902

$3.69 ₩5,020

-22.22%

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

$1.44 ₩1,951

$1.83 ₩2,483

-21.31%

Water (0.33 liter bottle)

$0.47 ₩637

$1.37 ₩1,869

-65.69%

Local Beer (0.5 liter draught)

$3.54 ₩4,815

$3.75 ₩5,098

-5.60%

Imported Beer (0.33 liter bottle)

$3.57 ₩4,849

$4.09 ₩5,553

-12.71%

Milk (1 liter)

$1.88 ₩2,559

$2.24 ₩3,040

-16.07%

White Bread (500g)

$3.17 ₩4,304

$3.05 ₩4,143

3.93%

Rice (white) (1kg)

$2.48 ₩3,378

$3.10 ₩4,214

-20.00%

Eggs

$2.64 ₩3,590

$2.55 ₩3,471

3.53%

Local Cheese (1kg)

$10.95 ₩14.9K

$10.71 ₩14.6K

2.24%

Chicken Fillets (1kg)

$6.49 ₩8,817

$10.37 ₩14.1K

-37.42%

Beef Round Steak (1kg)

$24.37 ₩33.1K

$24.66 ₩33.5K

-1.18%

Apples (1kg)

$2.14 ₩2,905

$10.92 ₩14.8K

-80.40%

Banana (1kg)

$3.49 ₩4,741

$3.49 ₩4,746

Oranges (1kg)

$7.70 ₩10.5K

$7.82 ₩10.6K

-1.53%

Tomato (1kg)

$2.98 ₩4,044

$5.68 ₩7,723

-47.54%

Potato (1kg)

$4.90 ₩6,663

$5.95 ₩8,093

-17.65%

Onion (1kg)

$3.32 ₩4,519

$3.33 ₩4,531

-0.30%

Lettuce (1 head)

$2.24 ₩3,040

$2.72 ₩3,698

-17.65%

Water (1.5 liter bottle)

$1.30 ₩1,761

$1.32 ₩1,791

-1.52%

Cigarettes 20 Pack (Marlboro, Camel)

$3.22 ₩4,373

$3.23 ₩4,391

-0.31%

Wine (Bottle)

$6.42 ₩8,732

$18.58 ₩25.3K

-65.45%

Local Beer (0.5 liter bottle)

$1.45 ₩1,970

$2.38 ₩3,229

-39.08%

Imported Beer (0.33 liter bottle)

$3.30 ₩4,480

$3.40 ₩4,628

-2.94%

One-way Ticket (Public Transport)

$1.12 ₩1,522

Public Transport Monthly Pass (Regular Price)

$57.5 ₩78.2K

Taxi Start (Normal Tariff)

$3.38 ₩4,596

$3.57 ₩4,848

-5.32%

Taxi (Normal Tariff) (1km)

$0.60 ₩817

$0.76 ₩1,029

-21.05%

Taxi 1hour Waiting (Normal Tariff)

$16.22 ₩22.0K

$16.31 ₩22.2K

-0.55%

Gasoline (1 liter)

$1.22 ₩1,652

$1.36 ₩1,855

-10.29%

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

$28.8K ₩39.2M

$28.4K ₩38.7M

1.43%

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

$27.9K ₩37.9M

$32.5K ₩44.1M

-14.06%

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

$97.7 ₩132.8K

$195 ₩264.5K

-49.78%

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

$35.52 ₩48.3K

$35.82 ₩48.7K

-0.84%

Internet (50+ Mbps, Unlimited Data)

$25.97 ₩35.3K

$26.31 ₩35.8K

-1.29%

Gym Membership (Monthly)

$28.64 ₩38.9K

$60.5 ₩82.2K

-52.65%

Tennis Court (1 Hour on Weekend)

$7.20 ₩9,785

$9.48 ₩12.9K

-24.05%

Cinema Ticket

$10.87 ₩14.8K

$11.48 ₩15.6K

-5.31%

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

$612 ₩831.6K

$620 ₩842.4K

-1.28%

International Primary School, 1 Child (Yearly)

$21.4K ₩29.2M

$21.1K ₩28.7M

1.58%

Jeans (Levis 501 Or Similar)

$101 ₩137.3K

$104 ₩141.2K

-2.76%

Summer Dress (H&M, Zara, etc)

$63.7 ₩86.6K

$63.5 ₩86.3K

0.41%

Sport Shoes (Adidas, Nike)

$92.1 ₩125.2K

$91.6 ₩124.6K

0.55%

Men's Leather Business Shoes

$111 ₩150.6K

$122 ₩165.9K

-9.26%

1-bedroom Apartment, City Center (Monthly)

$705 ₩959.0K

1-bedroom Apartment, Outside City Center (Monthly)

$454 ₩616.6K

$351 ₩477.5K

29.12%

3-bedroom Apartment, City Center (Monthly)

$1,314 ₩1.8M

3-bedroom Apartment, Outside City Center (Monthly)

$689 ₩937.0K

Buy Apartment in City Center (m2)

$10.0K ₩13.6M

Buy Apartment Outside City Center (m2)

$2,891 ₩3.9M

$6,273 ₩8.5M

-53.92%

Average Monthly Net Salary (After Tax)

$2,242 ₩3.0M

$2,791 ₩3.8M

-19.68%

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 Pohang: August 30, 2026

Last update for Busan: August 30, 2026

Cost Breakdown

Busan pays 25% 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: $22.00 in Pohang vs $47.00 in Busan for a mid-range dinner for two. Groceries echo the gap at $359 vs $476 per month, with Pohang 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

Pohang vs Busan: Cost of Living - Frequently Asked Questions

Pohang wins on cost – living expenses run 19% lower than in Busan. Housing and daily spending are where you'll feel the difference most, making Pohang the obvious pick if budget is a priority.

On paper, salaries run 25% 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.

Supermarket bills run roughly 32% higher in Busan. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,307 per month in Pohang versus $1,558 in Busan – a 19% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,307 in Pohang versus $1,558 in Busan, a $1,000 budget is realistic in Pohang but tight or insufficient in Busan. The gap between the two cities makes Pohang 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, Pohang 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 Pohang gentler on the wallet – expenses run 19% less than in Busan. Beyond cost, consider language, visa policies, and how big the international community is in each city.