Cost of Living in Busan vs Incheon

Cost of living in Busan is 11% higher than in Incheon (without rent).

Rent in Busan is 4% cheaper than in Incheon.

Cost of living including rent in Busan is 5% higher than in Incheon.

Food in Busan is very similar to Incheon.

Transport in Busan is 49% more expensive than in Incheon.

Busan vs. Incheon Comparision

Busan Incheon
Cost of Living, including rent
1,122 $
1,067 $
Without Rent
726 $
654 $
Rent & Utilities
395 $
413 $
Food
472 $
467 $
Transport
148 $
99 $
Monthly Salary, after tax
2,421 $
2,744 $
Quality of Life
89
95
Population
3.5M
2.9M

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Busan Incheon

Restaurants

Lunch menu,
inexpensive restaurant
5.92 $ 6.88 $
Dinner, for 2 34.7 $ 37.8 $
Fast food, McDonalds or KFC 5.87 $ 6.06 $
Beer, 0.5 L or 16 fl oz 3.56 $ 3.03 $
Capuccino 4.09 $ 3.53 $
Coke, 330ml 1.86 $ 1.43 $

Markets

Milk, 1 L or 1 qt 2.17 $ 2.27 $
Bread, 0.5 kg or 1 lb 3.21 $ 3.02 $
Rice, 1 kg or 2 lb 2.99 $ 2.83 $
Eggs, 12 pack 3.36 $ 3.36 $
Cheese, 1 kg or 2 lb 13.9 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 8.91 $ 8.28 $
Round Steak, 1 kg or 2 lb 28.2 $ 18.3 $
Apples, 1 kg or 2 lb 7.36 $ 7.79 $
Banana, 1 kg or 2 lb 3.31 $ 3.75 $
Oranges, 1 kg or 2 lb 7.55 $ 5.84 $
Potatoes, 1 kg or 2 lb 3.43 $ 2.83 $
Onions, 1 kg or 2 lb 3.51 $ 1.71 $
Water, 1 L or 1 qt 0.8 $ 0.9 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.14 $ 4.54 $
Wine, 750 mL bottle 14.1 $ 17.2 $
Beer, 0.5 L or 16 fl oz 1.85 $ 2.32 $
Cigarette pack 3.38 $ 3.42 $

Transport

Local transport ticket, One-way Ticket 1.15 $ 1.05 $
Monthly pass, Monthly Ticket 44.1 $ 25.1 $
Gas or petrol, 1 L or 0.26 gal 1.22 $ 1.24 $
Taxi, 8 km 12.3 $ 8.29 $

Personal Care

Doctor visit, private clinic 25.1 $ 19 $
Cold medicine, for 1 week 4.71 $ 4.31 $
Hair shampoo, 400 ml or 12 oz 4.08 $ 6.62 $
Toilet paper, 4 rolls 1.72 $ 3.23 $
Toothpaste, 1 tube 1.4 $ 2.07 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
74.8 $ 114 $
Utility bill - family,
electricity, heating, water & garbage
114 $ 177 $
Internet plan,
+60 Mbps
17.5 $ 23.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 273 $ 256 $
3 Bedroom Apartment, outside of center, 85 sq.m 636 $ 920 $
1 Bedroom Apartment, in city center, 40 sq.m 423 $ 355 $
3 Bedroom Apartment, in city center, 85 sq.m 902 $ 1,331 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 8,000 $ 8,666 $
Price per Square Meter to Buy House, in suburbs 7,248 $ 6,871 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,421 $ 2,744 $
Mortgage Interest Rate, for 20 years fixed-rate 4.21 % 3.77 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 47.1 $ 34.8 $
Cinema, 1 seat 10.4 $ 11.4 $
Haircut 9.6 $ 7.69 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 87.9 $ 74.3 $
Brand Jeans, Levis 501 92.7 $ 62.4 $

Childcare

Preschool, full day, monthly for 1 child 557 $ 295 $
International Primary School, yearly for 1 child 14,632 $ 27,144 $