- 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 | - 13% | |||
|---|---|---|---|---|
| Food in Busan (South Korea) is 13% cheaper than in Anchorage, Alaska (United States) | ||||
| Basic lunchtime menu (including a drink) in the business district | ₩6,688 ($5.91) | $12 | - 51% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | ₩5,893 ($5.21) | $8 | - 37% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩5,999 ($5.30) | $4.67 | + 13% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,462 ($2.18) | $1.01 | + 116% | |
| 12 eggs, large | ₩4,224 ($3.73) | $3.59 | + 4% | |
| 1 kg (2 lb.) of tomatoes | ₩6,100 ($5.39) | $5.41 | - 0% | |
| 500 gr (16 oz.) of local cheese | ₩13,997 ($12) | $8 | + 50% | |
| 1 kg (2 lb.) of apples | ₩4,909 ($4.34) | $4.46 | - 3% | |
| 1 kg (2 lb.) of potatoes | ₩4,155 ($3.67) | $2.35 | + 56% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,303 ($2.04) | $1.88 | + 8% | |
| 1 bottle of red table wine, good quality | ₩14,355 ($13) | $14 | - 6% | |
| 2 liters of Coca-Cola | ₩2,395 ($2.12) | $2.65 | - 20% | |
| Bread for 2 people for 1 day | ₩2,263 ($2.00) | $3.04 | - 34% | |
| Housing | - 52% | |||
| Housing in Busan (South Korea) is 52% cheaper than in Anchorage, Alaska (United States) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | ₩996,032 ($880) | $2,100 | - 58% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | ₩743,300 ($657) | $1,683 | - 61% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩165,037 ($146) | $188 | - 22% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | ₩628,079 ($555) | $1,183 | - 53% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | ₩407,150 ($360) | $994 | - 64% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | ₩100,000 ($88) | $171 | - 48% | |
| Internet 8 Mbps (1 month) | ₩26,028 ($23) | $76 | - 70% | |
| 40” flat screen TV | ₩932,421 ($824) | $336 | + 146% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | ₩75,000 ($66) | $102 | - 35% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩9,308 ($8) | $14 | - 41% | |
| Hourly rate for cleaning help | ₩21,366 ($19) | $16 | + 16% | |
| Clothes | + 36% | |||
| Clothes in Busan (South Korea) is 36% more expensive than in Anchorage, Alaska (United States) | ||||
| 1 pair of jeans (Levis 501 or similar) | ₩81,986 ($72) | $42 | + 74% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | ₩51,329 ($45) | $34 | + 34% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | ₩89,086 ($79) | $72 | + 9% | |
| 1 pair of men’s leather business shoes | ₩114,454 ($101) | $80 | + 27% | |
| Transportation | + 5% | |||
| Transportation in Busan (South Korea) is 5% more expensive than in Anchorage, Alaska (United States) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | ₩35,131,600 ($31,045) | $22,500 | + 38% | |
| 1 liter (1/4 gallon) of gas | ₩1,642 ($1.45) | $0.69 | + 109% | |
| Monthly ticket public transport | ₩52,557 ($46) | $60 | - 23% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | ₩16,723 ($15) | $16 | - 10% | |
| Personal Care | - 56% | |||
| Personal Care in Busan (South Korea) is 56% cheaper than in Anchorage, Alaska (United States) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | ₩4,770 ($4.22) | $8 | - 47% | |
| 1 box of antibiotics (12 doses) | ₩10,425 ($9) | $35 | - 73% | |
| Short visit to private Doctor (15 minutes) | ₩9,267 ($8) | $160 | - 95% | |
| 1 box of 32 tampons (Tampax, OB, ...) | ₩15,425 ($14) | $7 | + 105% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩7,375 ($7) | $3.46 | + 89% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩7,026 ($6) | $5.18 | + 20% | |
| 4 rolls of toilet paper | ₩2,394 ($2.12) | $3.38 | - 37% | |
| Tube of toothpaste | ₩1,859 ($1.64) | $2.90 | - 43% | |
| Standard men's haircut in expat area of the city | ₩15,893 ($14) | $21 | - 33% | |
| Entertainment | - 15% | |||
| Entertainment in Busan (South Korea) is 15% cheaper than in Anchorage, Alaska (United States) | ||||
| Basic dinner out for two in neighborhood pub | ₩18,556 ($16) | $46 | - 64% | |
| 2 tickets to the movies | ₩18,432 ($16) | $25 | - 34% | |
| 2 tickets to the theater (best available seats) | ₩37,200 ($33) | $60 | - 45% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩41,842 ($37) | $63 | - 41% | |
| 1 cocktail drink in downtown club | ₩10,312 ($9) | $8 | + 15% | |
| Cappuccino in expat area of the city | ₩5,537 ($4.89) | $4.04 | + 21% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩3,791 ($3.35) | $5.00 | - 33% | |
| iPad Air 2, 64GB | ₩781,826 ($691) | $412 | + 68% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩374 ($0.33) | $0.15 | + 120% | |
| 1 month of gym membership in business district | ₩59,900 ($53) | $66 | - 20% | |
| 1 package of Marlboro cigarettes | ₩3,309 ($2.92) | $10 | - 71% | |
| TOTAL | - 26% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 603 prices entered by 85 different people.
These prices were last updated on September 25, 2017.
Exchange rate:
0.00088
USD
/
KRW
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Cost of living in Busan (South Korea) is 26% 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 $4,942
(₩5,592,293)
in Busan.
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