🟑
#56 Worldwide

Busan

South Korea β€’ East Asia

Anchor Cost Index

50

Moderate

#56
of 120 cities
54%
More expensive than
#6
in East Asia
Moderate
Cost Level

πŸ“ŠAnchor Price Breakdown

ℹ️Sources: Public economic data, market research
πŸ”
Big Mac
McDonald's signature burger
$4.10
Near avg
50
Weight: 20%Global avg: $4.15
🏠
1BR Rent
City-wide median monthly
$550.00/mo
-44% vs avg
36
Weight: 30%Global avg: $981.92
πŸš—
Uber 5km
Average 5km ride fare
$3.80
-19% vs avg
52
Weight: 20%Global avg: $4.69
β˜•
Starbucks Latte
Tall Latte price
$4.70
Near avg
64
Weight: 15%Global avg: $4.34
πŸ“Ί
YouTube Premium
Monthly subscription
$10.99/mo
+35% vs avg
63
Weight: 15%Global avg: $8.13

πŸ“ˆKey Metrics

ℹ️Calculated from verified cost data
🏠
23%
Rent Burden
Rent as % of avg salary
🍽️
24%
Food Affordability
Food as % of avg salary
πŸ’»
77/100
Nomad Score
Digital nomad friendliness
πŸ‘¨β€πŸ‘©β€πŸ‘§
80/100
Family Score
Family friendliness

πŸ’΅Monthly Budget Scenarios

ℹ️Based on crowdsourced price data
πŸŽ’
Backpacker
Hostels, street food, public transit
$1,539/mo
Housing
$630
Food
$752
Transport
$50
Utilities
$0
Entertainment
$60
Other
$47
πŸ’»
Digital Nomad
Coliving, coworking, mix of cooking & dining
$1,699/mo
Housing
$495
Food
$799
Transport
$75
Utilities
$69
Entertainment
$71
Other
$190
πŸ‘¨β€πŸ‘©β€πŸ‘§
Small Family
2 adults + 1 child, outside center apartment
$3,009/mo
Housing
$880
Food
$1058
Transport
$161
Utilities
$280
Entertainment
$107
Other
$523
🏒
Expat Professional
City center, quality lifestyle
$2,161/mo
Housing
$693
Food
$952
Transport
$155
Utilities
$204
Entertainment
$107
Other
$50

πŸ“‹Extended Costs (60+ Items)

ℹ️Aggregated from public sources
1BR Apartment (City Center)$770.00/mo
1BR Apartment (Outside Center)$385.00/mo
3BR Apartment (City Center)$1,540.00/mo
3BR Apartment (Outside Center)$880.00/mo
Price per mΒ² (Buy, City)$6,400.00/mΒ²
Price per mΒ² (Buy, Outside)$3,750.00/mΒ²
Airbnb (1BR, Monthly)$990.00/mo
Coliving Space$495.00/mo
Hostel/Dormitory$21.00/night

πŸ“ˆ How Busan Compares

Cheaper than
55cities
More expensive than
63cities
Rank in East Asia
#6/15

Understanding Cost Index

0-20
Very Affordable
21-40
Affordable
41-60
Moderate
61-80
Expensive
81-100
Very Expensive

πŸ“Š Data Sources

We aggregate data from trusted sources to provide accurate cost of living comparisons. All prices are converted to USD.

πŸ”
Big Mac Index
Global purchasing power indicator (2024)

Purchasing power parity indicator

🏠
Cost of Living & Rent
Crowdsourced global cost data (2024)

Verified price data from multiple sources

πŸš—
Transport & Services
Regional transport pricing data (2024)

Taxi, rideshare, public transit prices

πŸ“Ί
Digital Subscriptions
Regional pricing data (2024)

Streaming services, digital platforms

Data is updated periodically. Prices may vary based on location, promotions, and exchange rates.