- Cost of Living
- South Korea
- United States
- Busan
- New York City
- Comparison
Cost of living comparison between Busan (South Korea) and New York City (United States)
| Food | 13% | ||
|---|---|---|---|
| Food in Busan (South Korea) is 13% cheaper than in New York City (United States) | |||
| Daily menu in the business district | ₩10,250 ($9.19) | $14.33 | 36% |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | ₩5,857 ($5.25) | $7.56 | 31% |
| 1/2 Kg (1 lb.) of chicken breast | ₩6,500 ($5.83) | $5.40 | 8% |
| 1 liter (1 qt.) of whole fat milk | ₩2,325 ($2.08) | $2.78 | 25% |
| 12 eggs, large | ₩2,525 ($2.26) | $3.48 | 35% |
| 1 kg (2 lb.) of tomatoes | ₩10,000 ($8.97) | $4.92 | 82% |
| 500 gr (16 oz.) of local cheese | ₩7,000 ($6.28) | $6.55 | 4% |
| 1 kg (2 lb.) of apples | ₩5,167 ($4.63) | $4.46 | 4% |
| 2 kg (4,5 lb.) of potatoes | ₩4,667 ($4.18) | $5.10 | 18% |
| 0.5 l (16 oz) beer in the supermarket | ₩1,633 ($1.46) | $2.65 | 45% |
| 1 bottle of red table wine, good quality | ₩17,450 ($15.65) | $16.85 | 7% |
| 2 liters of Coca-Cola | ₩2,000 ($1.79) | $2.33 | 23% |
| bread for 2 people for 1 day | ₩1,833 ($1.64) | $2.94 | 44% |
| Housing | 59% | ||
| Housing in Busan (South Korea) is 59% cheaper than in New York City (United States) | |||
| monthly rent for a 85 m2 (900 Sqft) furnished apartment in expensive area of the city | ₩1,283,330 ($1,151) | $3,656 | 69% |
| utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩225,000 ($202) | $161 | 26% |
| Internet 8MB (1 month) | ₩26,167 ($23) | $53 | 56% |
| 40” flat screen TV | ₩1,250,000 ($1,121) | $779 | 44% |
| Microwave, known brand, 800/900 Watt | ₩100,000 ($90) | $161 | 44% |
| Laundry detergent (3 l. ~ 100 oz.) | - | $12.25 | - |
| Hourly rate for cleaning help | ₩30,000 ($27) | $22 | 23% |
| Clothes | 18% | ||
| Clothes in Busan (South Korea) is 18% more expensive than in New York City (United States) | |||
| 1 pair of Levis 501 | ₩99,333 ($89) | $59 | 50% |
| 1 summer dress in a chain store (Zara, H&M, ...) | ₩68,000 ($61) | $40 | 53% |
| 1 pair of Adidas trainers | ₩80,000 ($72) | $92 | 22% |
| 1 pair of average business shoes | ₩40,000 ($36) | $118 | 70% |
| Transportation | 34% | ||
| Transportation in Busan (South Korea) is 34% cheaper than in New York City (United States) | |||
| Volkswagen Golf 2.0 TDI 140 CV 6 vel. (or equivalent), with no extras, new | ₩34,000,000 ($30,488) | $27,674 | 10% |
| 1 liter (1/4 gallon) of gas | ₩1,915 ($1.72) | $1.06 | 63% |
| monthly ticket public transport | ₩51,667 ($46) | $107 | 57% |
| Taxi trip on a business day, basic tariff, 8 Km. (5 miles) | ₩14,460 ($12.97) | $16.66 | 22% |
| Personal Care | 58% | ||
| Personal Care in Busan (South Korea) is 58% cheaper than in New York City (United States) | |||
| medicine against cold for 6 days (Frenadol, Coldrex, ...) | ₩4,500 ($4.04) | $13.24 | 70% |
| 1 box of 32 tampons (Tampax, OB, ...) | ₩9,000 ($8.07) | $8.07 | 0% |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩1,700 ($1.52) | $4.92 | 69% |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩5,000 ($4.48) | $5.78 | 22% |
| 4 rolls of toilet paper | ₩2,250 ($2.02) | $4.29 | 53% |
| Tube of toothpaste | ₩1,300 ($1.17) | $4.28 | 73% |
| Standard men's haircut in expat area of the city | ₩16,000 ($14.35) | $30 | 52% |
| Entertainment | 51% | ||
| Entertainment in Busan (South Korea) is 51% cheaper than in New York City (United States) | |||
| basic dinner out for two in neighborhood pub | ₩19,000 ($17.04) | $51 | 67% |
| 2 tickets to the movies | ₩14,571 ($13.07) | $26 | 50% |
| 2 tickets to the theater (best available seats) | ₩31,000 ($28) | $296 | 91% |
| dinner out for two in Italian restaurant with wine and dessert | ₩50,000 ($45) | $115 | 61% |
| 1 cocktail drink in downtown club | ₩8,500 ($7.62) | $13.97 | 45% |
| Capuccino in expat area of the city | ₩4,250 ($3.81) | $4.47 | 15% |
| 1 beer in neighbourhood pub | ₩3,125 ($2.80) | $6.23 | 55% |
| iPod nano 16GB | ₩170,000 ($152) | $157 | 3% |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | $0.34 | - |
| 1 month of gym in business district | ₩73,750 ($66) | $99 | 33% |
| 1 package of Marlboro cigarretes | ₩2,617 ($2.35) | $12.45 | 81% |
| TOTAL | 43% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 8,331 prices entered by 863 different people.
These prices were last updated on May 22, 2013.
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Cost of living in Busan (South Korea) is 43% cheaper than in New York City (United States)
For example, to keep the same standard of living that would require
$12,500
in New York City
you would need to make just about $7,141
(₩7,963,982)
in Busan.