Busan vs Caracas - Cost of Living Comparison

Updated: October 10, 2024

	Busan	Caracas
🚶 Cost of living one person	$1122	$1045
👨‍👩‍👧‍👦 Cost of living Family	$3048	$2594
🏠 One person rent	$395	$366
🏘️ Family rent	$821	$663
🍽️ Food expenses	$472	$428
🚐 Transport expenses	$148	$144
💳 Monthly salary after tax	$2421	$218
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	13 km	10 km
🎓 Higher education	73	54
😀 Quality of life	89	45
🏙️ Population	3.45M	2.25M

The cost of living in Busan is 7% more expensive than in Caracas. Cities ranked 4837th and 5335th ($1122 vs $1045) in the list of the most expensive cities in the world and ranked 13th and 1st in South Korea and Venezuela, respectively. Check South Korea vs Venezuela comparison.

The average after-tax salary is enough to cover living expenses for 2.2 months in Busan compared to 0.2 months in Caracas. Busan ranked 4th best city to live in South Korea vs Caracas ranked 1st in Venezuela, while ranked 181st and 6509th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Busan vs Caracas infographic

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Prices in Busan vs Caracas

Prices for goods and services in Busan and Caracas are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Busan	Caracas
Eating Out
🍱 Lunch Menu	$5.92	$13.2
🥂 Dinner in a Restaurant, for 2	$34.7	$48.1
🥪 Fast food meal, equiv. McDonald's	$5.87	$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$3.56	$1.54
☕ Cappuccino	$4.09	$3.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.86	$1.65
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$423	$394
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$273	$299
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$902	$711
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$636	$583
🔌 Utility Bill one person, electricity, heating, water, etc.	$74.8	$14.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$114	$21.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$17.5	$33.6
🏦 Mortgage Interest Rate for 20 Years	4.21%	22.16%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8000	$811
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$7248	$1170
Transportation
🚌 Local transport ticket	$1.15	$0.53
🎟️ Monthly ticket local transport	$44.1	$32.3
🚕 Taxi Ride, 8 km or 5 mi	$12.3	$20.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.22	$0.5
Groceries
🥛 Milk, 1 L or 1 qt	$2.17	$2
🍞 Bread, 0.5 kg or 1.1 lb	$3.21	$1.77
🍚 Rice, 1 kg or 2.2 lb	$2.99	$1.29
🥚 Eggs, x12	$3.36	$2.7
🧀 Cheese, 1 kg or 2.2 lb	$13.9	$8.85
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.91	$7.66
🥩 Round Steak, 1 kg or 2.2 lb	$28.2	$7.44
🍏 Apples, 1 kg or 2.2 lb	$7.36	$5.76
🍌 Banana, 1 kg or 2.2 lb	$3.31	$1.45
🍊 Oranges, 1 kg or 2.2 lb	$7.55	$1.98
🍅 Tomato, 1 kg or 2.2 lb	$5.13	$1.92
🥔 Potato, 1 kg or 2.2 lb	$3.43	$2.2
🧅 Onion, 1 kg or 2.2 lb	$3.51	$2.18
🌊 Water, 1 L or 1 qt	$0.8	$1.26
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.14	$2.41
🍾 Wine (mid-priced), 750 mL bottle	$14.1	$7.98
🍺 Beer, 0.5 L or 16 fl oz	$1.85	$1.63
🚬 Cigarette pack	$3.38	$3.2
💊 Cold medicince, 1 week	$4.71	$5.27
🧴 Hair Shampoo	$4.08	$5.43
🧻 Toilet paper, 4 rolls	$1.72	$2.85
👄 Toothpaste, 1 tube	$1.4	$2.45
Other
🏋️ Gym Membership, 1 month	$47.1	$72.8
🎫 Cinema Ticket, 1 person	$10.4	$5.48
👩‍⚕️ Doctor's visit	$25.1	$38
💇 Haircut, simple	$9.6	$11.3
👖 Brand Jeans	$92.7	$57.7
👟 Brand Sneakers	$87.9	$111
👶 Daycare or Preschool, 1 month	$557	$97.4
🏫 International Primary School, 1 year	$14632	$4719

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Busan

Distance	City	Cost of living
21 km or 13 mi	Gimhae	$901
27 km or 16 mi	Yangsan	$973
40 km or 25 mi	Changwon	$1083
46 km or 28 mi	Masan	$1002
50 km or 31 mi	Geoje	$893
51 km or 32 mi	Miryang	$992
56 km or 35 mi	Ulsan	$1099
63 km or 39 mi	Tongyeong	$931
64 km or 40 mi	Sacheon	$1008
81 km or 50 mi	Tsushima Island	$981
84 km or 52 mi	Gyeongsan	$1022
85 km or 53 mi	Gyeongju	$1341
87 km or 54 mi	Jinju	$1146
94 km or 58 mi	Daegu	$1114
98 km or 61 mi	Yeongcheon	$941
102 km or 64 mi	Tsushima	$980
108 km or 67 mi	Pohang	$1000
123 km or 77 mi	Gwangyang	$999
131 km or 82 mi	Yeosu	$981
138 km or 86 mi	Gumi	$977
141 km or 88 mi	Gimcheon	$995
142 km or 88 mi	Suncheon	$1027
154 km or 96 mi	Namwon	$1005
162 km or 101 mi	Iki	$985
165 km or 103 mi	Andong	$871
166 km or 103 mi	Sangju	$981
183 km or 113 mi	Mungyeong	$992
189 km or 118 mi	Jeonju	$915
193 km or 120 mi	Gwangju	$1178
195 km or 121 mi	Yeongju	$978
198 km or 123 mi	Hirado	$968
199 km or 124 mi	Munakata	$996
199 km or 124 mi	Fukutsu	$1006
200 km or 124 mi	Okagaki	$985
201 km or 125 mi	Koga	$1015
201 km or 125 mi	Shingu	$1020
202 km or 125 mi	Itoshima	$1016
202 km or 126 mi	Karatsu	$994
204 km or 127 mi	Daejeon	$975
205 km or 127 mi	Jeongeup	$1000

Cities near Caracas

Distance	City	Cost of living
11 km or 6.9 mi	La Guaira	$915
12 km or 7.3 mi	Maiquetia	$900
16 km or 9.7 mi	Catia La Mar	$947
21 km or 13 mi	Los Teques	$922
30 km or 18 mi	Charallave	$877
37 km or 23 mi	Cua	$877
40 km or 25 mi	Santa Lucia	$865
43 km or 27 mi	Santa Teresa del Tuy	$910
43 km or 27 mi	Guatire	$892
43 km or 27 mi	Guarenas	$896
46 km or 29 mi	Ocumare del Tuy	$871
53 km or 33 mi	La Victoria	$776
67 km or 41 mi	Turmero	$781
67 km or 41 mi	Cagua	$744
75 km or 47 mi	Santa Rita	$707
78 km or 48 mi	Maracay	$726
78 km or 49 mi	Palo Negro	$711
80 km or 50 mi	El Limon	$683
82 km or 51 mi	San Juan de los Morros	$755
93 km or 58 mi	Altagracia de Orituco	$787
108 km or 67 mi	Guacara	$785
115 km or 71 mi	Los Guayos	$726
119 km or 74 mi	Puerto Cabello	$759
122 km or 76 mi	Valencia	$783
135 km or 84 mi	Tocuyito	$726
163 km or 101 mi	Tinaquillo	$730
176 km or 109 mi	Valle de la Pascua	$752
184 km or 114 mi	Calabozo	$827
199 km or 124 mi	San Felipe	$736
204 km or 127 mi	San Carlos	$772
219 km or 136 mi	Zaraza	$783
235 km or 146 mi	Kralendijk	$1792
245 km or 152 mi	Yaritagua	$682
247 km or 154 mi	Lecheria	$821
249 km or 155 mi	Barcelona	$704
255 km or 159 mi	Puerto la Cruz	$771
260 km or 162 mi	Cabudare	$663
268 km or 167 mi	Barquisimeto	$715
270 km or 167 mi	Acarigua	$724
271 km or 168 mi	Araure	$724