Cost of living in Busan, South Korea vs Melbourne, Australia
Currency:
| Food | - 7% | |||
|---|---|---|---|---|
| Food in Busan (South Korea) is 7% cheaper than in Melbourne (Australia) | ||||
| Basic lunchtime menu (including a drink) in the business district | ₩7,860 (AU$9) | AU$18 | - 49% | |
| Combo meal in fast food restaurant (big mac meal or similar) | ₩6,177 (AU$7) | AU$12 | - 40% | |
| 500 gr (1 lb.) of boneless chicken breast | ₩6,352 (AU$7) | AU$5.27 | + 38% | |
| 1 liter (1 qt.) of whole fat milk | ₩2,439 (AU$2.80) | AU$1.46 | + 91% | |
| 12 eggs, large | ₩4,596 (AU$5.27) | AU$5.06 | + 4% | |
| 1 kg (2 lb.) of tomatoes | ₩6,406 (AU$7) | AU$4.83 | + 52% | |
| 500 gr (16 oz.) of local cheese | ₩12,797 (AU$15) | AU$7 | + 123% | |
| 1 kg (2 lb.) of apples | ₩5,944 (AU$7) | AU$4.57 | + 49% | |
| 1 kg (2 lb.) of potatoes | ₩4,514 (AU$5.18) | AU$3.20 | + 62% | |
| 0.5 l (16 oz) domestic beer in the supermarket | ₩2,378 (AU$2.73) | AU$5.70 | - 52% | |
| 1 bottle of red table wine, good quality | ₩15,917 (AU$18) | AU$17 | + 8% | |
| 2 liters of coca-cola | ₩2,804 (AU$3.22) | AU$2.82 | + 14% | |
| Bread for 2 people for 1 day | ₩2,332 (AU$2.67) | AU$2.67 | + 0% | |
| Housing | - 48% | |||
| Housing in Busan (South Korea) is 48% cheaper than in Melbourne (Australia) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | ₩1,127,110 (AU$1,292) | AU$2,894 | - 55% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | ₩804,952 (AU$923) | AU$2,147 | - 57% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | ₩168,017 (AU$193) | AU$238 | - 19% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | ₩613,400 (AU$703) | AU$1,809 | - 61% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | ₩426,256 (AU$489) | AU$1,422 | - 66% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | ₩93,974 (AU$108) | AU$159 | - 32% | |
| Internet 8 mbps (1 month) | ₩25,284 (AU$29) | AU$46 | - 37% | |
| 40” flat screen tv | ₩617,148 (AU$708) | AU$354 | + 100% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | ₩87,842 (AU$101) | AU$212 | - 52% | |
| Laundry detergent (3 l. ~ 100 oz.) | ₩11,860 (AU$14) | AU$12 | + 15% | |
| Hourly rate for cleaning help | ₩24,064 (AU$28) | AU$28 | - 0% | |
| Clothes | - 4% | |||
| Clothes in Busan (South Korea) is 4% cheaper than in Melbourne (Australia) | ||||
| 1 pair of jeans (levis 501 or similar) | ₩86,350 (AU$99) | AU$101 | - 2% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | ₩51,070 (AU$59) | AU$59 | - 1% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | ₩93,995 (AU$108) | AU$129 | - 16% | |
| 1 pair of men’s leather business shoes | ₩95,368 (AU$109) | AU$131 | - 17% | |
| Transportation | - 36% | |||
| Transportation in Busan (South Korea) is 36% cheaper than in Melbourne (Australia) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | ₩35,131,600 (AU$40,281) | AU$27,303 | + 48% | |
| 1 liter (1/4 gallon) of gas | ₩1,530 (AU$1.75) | AU$1.38 | + 27% | |
| Monthly ticket public transport | ₩55,734 (AU$64) | AU$160 | - 60% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | ₩18,307 (AU$21) | AU$21 | - 1% | |
| Personal Care | + 1% | |||
| Personal Care in Busan (South Korea) is about the same as in Melbourne (Australia) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | ₩4,590 (AU$5.26) | AU$7 | - 27% | |
| 1 box of antibiotics (12 doses) | ₩8,738 (AU$10) | AU$24 | - 58% | |
| Short visit to private doctor (15 minutes) | ₩40,000 (AU$46) | AU$72 | - 36% | |
| 1 box of 32 tampons (tampax, ob, ...) | ₩15,573 (AU$18) | AU$7 | + 160% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | ₩8,876 (AU$10) | AU$4.47 | + 128% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | ₩5,390 (AU$6) | AU$5.32 | + 16% | |
| 4 rolls of toilet paper | ₩2,282 (AU$2.62) | AU$2.55 | + 3% | |
| Tube of toothpaste | ₩1,859 (AU$2.13) | AU$3.01 | - 29% | |
| Standard men's haircut in expat area of the city | ₩16,856 (AU$19) | AU$36 | - 46% | |
| Entertainment | - 24% | |||
| Entertainment in Busan (South Korea) is 24% cheaper than in Melbourne (Australia) | ||||
| Basic dinner out for two in neighborhood pub | ₩20,535 (AU$24) | AU$51 | - 54% | |
| 2 tickets to the movies | ₩19,643 (AU$23) | AU$39 | - 43% | |
| 2 tickets to the theater (best available seats) | ₩37,200 (AU$43) | AU$226 | - 81% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | ₩43,542 (AU$50) | AU$78 | - 36% | |
| 1 cocktail drink in downtown club | ₩11,577 (AU$13) | AU$16 | - 15% | |
| Cappuccino in expat area of the city | ₩5,525 (AU$6) | AU$4.40 | + 44% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | ₩4,000 (AU$4.59) | AU$10 | - 54% | |
| Ipad wi-fi 128gb | ₩745,935 (AU$855) | AU$634 | + 35% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | ₩457 (AU$0.52) | AU$0.25 | + 114% | |
| 1 month of gym membership in business district | ₩58,837 (AU$67) | AU$72 | - 6% | |
| 1 package of marlboro cigarettes | ₩3,893 (AU$4.46) | AU$33 | - 87% | |
| TOTAL | - 30% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,006 prices entered by 140 different people.
These prices were last updated on March 09, 2021.
Exchange rate:
0.00115
AUD
/
KRW
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Cost of living in Busan (South Korea) is 30% cheaper than in Melbourne (Australia)
For example, to keep the same standard of living that would require AU$8,100 in Melbourne you would need to make just about AU$5,708 (₩4,978,674) in Busan.
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