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Cost of Living in Busan, Korea

William Russell
William Russell
William Russell
William Russell

By Betsy Burlingame

Last updated on Jul 09, 2023

Summary: What is the cost of living in Busan, Korea? Expats, digital nomads and retirees living in Busan talk about the general living costs, the cost of housing and health insurance.

Is the cost of living in Busan high?

We asked people how much they someone comfortably live on in Busan, they wrote:

"The cost of living in Busan is relatively affordable compared to other major cities in South Korea like Seoul. Rent for a one-bedroom apartment in the city center can be quite reasonable, while those looking to live outside of the city center can find even cheaper options. The cost of utilities such as electricity, heating, cooling, and water are also quite affordable, and internet is relatively cheap and very fast. Groceries in Busan are reasonably priced, with local markets offering fresh produce, meat, and seafood at lower prices than supermarkets. Eating out at restaurants can range from very cheap at local establishments to more expensive at high-end restaurants. Public transportation in Busan is efficient and affordable, with buses and subways covering the entire city. Taxis are also available and are relatively cheap. Healthcare in Busan is of high quality and is affordable, especially with the national health insurance that covers a large portion of medical costs. Overall, while salaries in Busan may be lower than in cities like Seoul, the lower cost of living can make it a more affordable option," remarked one in Busan.

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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