Busan vs George Town - Cost of Living Comparison

Updated: July 09, 2025

	Busan	George Town
🚶 Cost of living one person	$1152	$3649
👨‍👩‍👧‍👦 Cost of living Family	$2901	$8028
🏠 One person rent	$450	$2536
🏘️ Family rent	$758	$4349
🍽️ Food expenses	$454	$847
🚐 Transport expenses	$145	$56.2
💳 Monthly salary after tax	$2445	$7325
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	13 km	2 km
🎓 Higher education	72	20
😀 Quality of life	90	80
🏙️ Population	3.45M	41K

The cost of living in Busan is 68% less expensive than in George Town. Cities ranked 4892nd and 22nd ($1152 vs $3649) in the list of the most expensive cities in the world and ranked 24th and 1st in South Korea and the Cayman Islands, respectively. Check South Korea vs the Cayman Islands comparison.

The average after-tax salary is enough to cover living expenses for 2.1 months in Busan compared to 2 months in George Town. Busan ranked 4th best city to live in South Korea vs George Town ranked 1st in the Cayman Islands, while ranked 175th and 701st among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Busan vs George Town infographic

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Prices in Busan vs George Town

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

	Busan	George Town
Eating Out
🍱 Lunch Menu	$6.13	$30.3
🥂 Dinner in a Restaurant, for 2	$29.6	$82.6
🥪 Fast food meal, equiv. McDonald's	$5.82	$15.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$3.41	$9
☕ Cappuccino	$4.07	$6.86
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.83	$3.45
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$422	$2538
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$278	$2238
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$768	$4470
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$499	$3936
🔌 Utility Bill one person, electricity, heating, water, etc.	$117	$128
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$180	$196
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$25.9	$110
🏦 Mortgage Interest Rate for 20 Years	4.24%	8.24%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$9097	$10782
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$7229	$4168
Transportation
🚌 Local transport ticket	$1.15	$2.41
🎟️ Monthly ticket local transport	$43.4	$30.2
🚕 Taxi Ride, 8 km or 5 mi	$12.1	$21.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.18	$1.71
Groceries
🥛 Milk, 1 L or 1 qt	$2.15	$2.96
🍞 Bread, 0.5 kg or 1.1 lb	$3.05	$5.36
🍚 Rice, 1 kg or 2.2 lb	$2.69	$5.75
🥚 Eggs, x12	$3.03	$9.95
🧀 Cheese, 1 kg or 2.2 lb	$13	$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.68	$15.8
🥩 Round Steak, 1 kg or 2.2 lb	$27.6	$16.6
🍏 Apples, 1 kg or 2.2 lb	$7.23	$5.04
🍌 Banana, 1 kg or 2.2 lb	$3.19	$4.51
🍊 Oranges, 1 kg or 2.2 lb	$7.38	$7.8
🍅 Tomato, 1 kg or 2.2 lb	$4.93	$4.84
🥔 Potato, 1 kg or 2.2 lb	$3.29	$2.88
🧅 Onion, 1 kg or 2.2 lb	$3	$2.83
🌊 Water, 1 L or 1 qt	$0.79	$1.99
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.1	$2.81
🍾 Wine (mid-priced), 750 mL bottle	$13.9	$23.9
🍺 Beer, 0.5 L or 16 fl oz	$1.79	$3.97
🚬 Cigarette pack	$3.23	$14.5
💊 Cold medicince, 1 week	$4.63	$9.83
🧴 Hair Shampoo	$3.93	$5.44
🧻 Toilet paper, 4 rolls	$1.68	$4.01
👄 Toothpaste, 1 tube	$1.37	$2.47
Other
🏋️ Gym Membership, 1 month	$47.9	$106
🎫 Cinema Ticket, 1 person	$10.3	$18.1
👩‍⚕️ Doctor's visit	$25.1	$112
💇 Haircut, simple	$8.82	$23.8
👖 Brand Jeans	$90.1	$89.5
👟 Brand Sneakers	$82.5	$150
👶 Daycare or Preschool, 1 month	$492	$1742
🏫 International Primary School, 1 year	$14209	$24807

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	$1036
27 km or 16 mi	Yangsan	$1099
40 km or 25 mi	Changwon	$1148
46 km or 28 mi	Masan	$1068
50 km or 31 mi	Geoje	$965
51 km or 32 mi	Miryang	$1094
56 km or 35 mi	Ulsan	$1151
63 km or 39 mi	Tongyeong	$991
64 km or 40 mi	Sacheon	$1041
81 km or 50 mi	Tsushima Island	$975
84 km or 52 mi	Gyeongsan	$1058
85 km or 53 mi	Gyeongju	$1150
87 km or 54 mi	Jinju	$1123
94 km or 58 mi	Daegu	$1091
98 km or 61 mi	Yeongcheon	$1117
102 km or 64 mi	Tsushima	$972
108 km or 67 mi	Pohang	$1027
123 km or 77 mi	Gwangyang	$1063
131 km or 82 mi	Yeosu	$1043
138 km or 86 mi	Gumi	$1064
141 km or 88 mi	Gimcheon	$1044
142 km or 88 mi	Suncheon	$1126
154 km or 96 mi	Namwon	$1049
162 km or 101 mi	Iki	$967
165 km or 103 mi	Andong	$1025
166 km or 103 mi	Sangju	$1061
183 km or 113 mi	Mungyeong	$1053
189 km or 118 mi	Jeonju	$912
193 km or 120 mi	Gwangju	$1153
195 km or 121 mi	Yeongju	$1059
198 km or 123 mi	Hirado	$952
199 km or 124 mi	Munakata	$989
199 km or 124 mi	Fukutsu	$987
200 km or 124 mi	Okagaki	$987
201 km or 125 mi	Koga	$985
201 km or 125 mi	Shingu	$985
202 km or 125 mi	Itoshima	$973
202 km or 126 mi	Karatsu	$956
204 km or 127 mi	Daejeon	$1049
205 km or 127 mi	Jeongeup	$1036

Cities near George Town

Distance	City	Cost of living
333 km or 207 mi	Cienfuegos	$856
356 km or 221 mi	Sancti Spiritus	$1220
361 km or 225 mi	Savanna-la-Mar	$1115
375 km or 233 mi	Montego Bay	$1053
377 km or 234 mi	Santa Clara	$1152
381 km or 237 mi	Placetas	$1098
385 km or 239 mi	Colon	$1142
394 km or 245 mi	Ciego de Avila	$1284
402 km or 250 mi	Guines	$1100
412 km or 256 mi	Florida	$1427
414 km or 257 mi	Sagua La Grande	$1152
418 km or 260 mi	Artemisa	$1028
418 km or 260 mi	Cardenas	$1223
419 km or 260 mi	Matanzas	$1278
422 km or 262 mi	Pinar del Rio	$1077
425 km or 264 mi	Moron	$1286
429 km or 266 mi	Camaguey	$1561
430 km or 267 mi	Mandeville	$971
440 km or 273 mi	Havana	$914
459 km or 285 mi	May Pen	$857
461 km or 287 mi	Manzanillo	$2757
473 km or 294 mi	Old Harbour	$847
476 km or 296 mi	Linstead	$1019
476 km or 296 mi	Yara	$2115
487 km or 303 mi	Spanish Town	$759
498 km or 310 mi	Las Tunas	$1574
503 km or 312 mi	Half Way Tree	$1190
504 km or 313 mi	Kingston	$1318
510 km or 317 mi	Bayamo	$1171
533 km or 331 mi	Port Antonio	$1123
563 km or 350 mi	Holguin	$1353
573 km or 356 mi	Palma Soriano	$1264
587 km or 365 mi	Santiago de Cuba	$1650
588 km or 365 mi	Key West	$2968
593 km or 369 mi	Cozumel	$1018
599 km or 372 mi	Isla Mujeres	$1089
608 km or 378 mi	Cancun	$1236
615 km or 382 mi	Playa del Carmen	$1165
646 km or 401 mi	Tulum	$1181
653 km or 405 mi	Guantanamo	$1662