- Cost of Living
- South Korea
- United States
- Busan
- Anchorage, Alaska
- Comparison
Cost of living in Busan, South Korea compared to Anchorage, Alaska, United States
Currency:
| Food | - 9% | |||
|---|---|---|---|---|
| Food in Busan (South Korea) is 9% cheaper than in Anchorage, Alaska (United States) | ||||
| Basic lunchtime menu (including a drink) in the business district | ₩6,688 ($6) | $12 | - 49% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | ₩5,893 ($5.34) | $8 | - 35% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩5,999 ($5.44) | $5.39 | + 1% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,462 ($2.23) | $1.05 | + 113% | |
| 12 eggs, large | ₩4,051 ($3.67) | $3.59 | + 2% | |
| 1 kg (2 lb.) of tomatoes | ₩5,849 ($5.30) | $6 | - 13% | |
| 500 gr (16 oz.) of local cheese | ₩13,997 ($13) | $9 | + 40% | |
| 1 kg (2 lb.) of apples | ₩5,252 ($4.76) | $5.44 | - 13% | |
| 1 kg (2 lb.) of potatoes | ₩4,420 ($4.01) | $2.30 | + 74% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,303 ($2.09) | $1.88 | + 11% | |
| 1 bottle of red table wine, good quality | ₩14,355 ($13) | $14 | - 4% | |
| 2 liters of Coca-Cola | ₩2,384 ($2.16) | $2.66 | - 19% | |
| Bread for 2 people for 1 day | ₩2,371 ($2.15) | $2.26 | - 5% | |
| Housing | - 53% | |||
| Housing in Busan (South Korea) is 53% cheaper than in Anchorage, Alaska (United States) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | ₩1,008,890 ($915) | $2,100 | - 56% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | ₩824,693 ($748) | $1,683 | - 56% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩162,745 ($148) | $272 | - 46% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | ₩628,079 ($570) | $1,183 | - 52% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | ₩407,150 ($369) | $994 | - 63% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | ₩100,000 ($91) | $178 | - 49% | |
| Internet 8 Mbps (1 month) | ₩26,028 ($24) | $76 | - 69% | |
| 40” flat screen TV | ₩740,000 ($671) | $386 | + 74% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | ₩81,316 ($74) | $104 | - 29% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩9,308 ($8) | $17 | - 50% | |
| Hourly rate for cleaning help | ₩20,127 ($18) | $17 | + 5% | |
| Clothes | + 40% | |||
| Clothes in Busan (South Korea) is 40% more expensive than in Anchorage, Alaska (United States) | ||||
| 1 pair of jeans (Levis 501 or similar) | ₩81,701 ($74) | $42 | + 78% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | ₩51,329 ($47) | $34 | + 38% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | ₩89,086 ($81) | $72 | + 12% | |
| 1 pair of men’s leather business shoes | ₩114,454 ($104) | $80 | + 30% | |
| Transportation | + 6% | |||
| Transportation in Busan (South Korea) is 6% more expensive than in Anchorage, Alaska (United States) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | ₩35,131,600 ($31,856) | $22,500 | + 42% | |
| 1 liter (1/4 gallon) of gas | ₩1,609 ($1.46) | $0.80 | + 82% | |
| Monthly ticket public transport | ₩54,153 ($49) | $60 | - 18% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | ₩16,800 ($15) | $19 | - 20% | |
| Personal Care | - 47% | |||
| Personal Care in Busan (South Korea) is 47% cheaper than in Anchorage, Alaska (United States) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | ₩4,770 ($4.33) | $8 | - 45% | |
| 1 box of antibiotics (12 doses) | ₩10,425 ($9) | $31 | - 70% | |
| Short visit to private Doctor (15 minutes) | ₩31,667 ($29) | $170 | - 83% | |
| 1 box of 32 tampons (Tampax, OB, ...) | ₩15,425 ($14) | $7 | + 99% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩7,375 ($7) | $3.18 | + 110% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩7,026 ($6) | $4.82 | + 32% | |
| 4 rolls of toilet paper | ₩2,394 ($2.17) | $3.63 | - 40% | |
| Tube of toothpaste | ₩1,859 ($1.69) | $2.39 | - 29% | |
| Standard men's haircut in expat area of the city | ₩16,558 ($15) | $17 | - 10% | |
| Entertainment | - 16% | |||
| Entertainment in Busan (South Korea) is 16% cheaper than in Anchorage, Alaska (United States) | ||||
| Basic dinner out for two in neighborhood pub | ₩18,556 ($17) | $49 | - 66% | |
| 2 tickets to the movies | ₩19,059 ($17) | $25 | - 29% | |
| 2 tickets to the theater (best available seats) | ₩37,200 ($34) | $64 | - 48% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩42,791 ($39) | $63 | - 38% | |
| 1 cocktail drink in downtown club | ₩10,312 ($9) | $9 | + 10% | |
| Cappuccino in expat area of the city | ₩5,537 ($5.02) | $4.04 | + 24% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩3,791 ($3.44) | $5.00 | - 31% | |
| iPad Wi-Fi 128GB | ₩775,195 ($703) | $427 | + 65% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩377 ($0.34) | $0.15 | + 128% | |
| 1 month of gym membership in business district | ₩59,900 ($54) | $66 | - 18% | |
| 1 package of Marlboro cigarettes | ₩3,534 ($3.20) | $10 | - 68% | |
| TOTAL | - 24% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 754 prices entered by 99 different people.
These prices were last updated on June 18, 2018.
Exchange rate:
0.00091
USD
/
KRW
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Cost of living in Busan (South Korea) is 24% cheaper than in Anchorage, Alaska (United States)
For example, to keep the same standard of living that would require
$6,700
in Anchorage, Alaska
you would need to make just about $5,094
(₩5,617,820)
in Busan.
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