Busan vs George Town - Cost of Living Comparison

Updated: March 01, 2024

	Busan	George Town
🚶 Cost of living one person	$1029	$3374
👨‍👩‍👧‍👦 Cost of living Family	$2852	$8402
🏠 One person rent	$380	$2280
🏘️ Family rent	$849	$4877
🍽️ Food expenses	$419	$837
🚐 Transport expenses	$141	$58.3
💳 Monthly salary after tax	$2548	$4688
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	13 km	2 km
🎓 Higher education	73	20
😀 Quality of life	91	77
🏙️ Population	3.45M	41K

The cost of living in Busan is 69% less expensive than in George Town. Cities ranked 5114th and 32nd ($1029 vs $3374) in the list of the most expensive cities in the world and ranked 39th 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 2.5 months in Busan compared to 1.4 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 108th and 754th 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 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	$5.65	$30.2
🥂 Dinner in a Restaurant, for 2	$27.5	$83.8
🥪 Fast food meal, equiv. McDonald's	$5.34	$14.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$3	$7.15
☕ Cappuccino	$3.66	$6.34
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.36	$3.42
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$366	$2356
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$251	$1954
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$869	$5734
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$654	$4269
🔌 Utility Bill one person, electricity, heating, water, etc.	$87	$126
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$134	$195
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$19.2	$120
🏦 Mortgage Interest Rate for 20 Years	4.47%	7.08%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8493	$8481
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$7560	$5200
Transportation
🚌 Local transport ticket	$1.01	$2.4
🎟️ Monthly ticket local transport	$44.1	$30.1
🚕 Taxi Ride, 8 km or 5 mi	$11.1	$22.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.23	$1.84
Groceries
🥛 Milk, 1 L or 1 qt	$1.98	$3.78
🍞 Bread, 0.5 kg or 1.1 lb	$2.87	$4.86
🍚 Rice, 1 kg or 2.2 lb	$3.08	$6.2
🥚 Eggs, x12	$3.18	$7.93
🧀 Cheese, 1 kg or 2.2 lb	$14.6	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.52	$12
🥩 Round Steak, 1 kg or 2.2 lb	$30	$14.7
🍏 Apples, 1 kg or 2.2 lb	$5.54	$9.7
🍌 Banana, 1 kg or 2.2 lb	$2.96	$3.87
🍊 Oranges, 1 kg or 2.2 lb	$5.76	$7.5
🍅 Tomato, 1 kg or 2.2 lb	$4.47	$4.89
🥔 Potato, 1 kg or 2.2 lb	$3.27	$3.02
🧅 Onion, 1 kg or 2.2 lb	$3.18	$2.98
🌊 Water, 1 L or 1 qt	$0.63	$1.9
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.1	$2.74
🍾 Wine (mid-priced), 750 mL bottle	$11.4	$23.9
🍺 Beer, 0.5 L or 16 fl oz	$1.72	$4.41
🚬 Cigarette pack	$3.34	$13.2
💊 Cold medicince, 1 week	$4.69	$9.74
🧴 Hair Shampoo	$4.02	$5.49
🧻 Toilet paper, 4 rolls	$1.73	$4.3
👄 Toothpaste, 1 tube	$1.39	$2.35
Other
🏋️ Gym Membership, 1 month	$41.3	$78.3
🎫 Cinema Ticket, 1 person	$8.92	$17.8
👩‍⚕️ Doctor's visit	$25	$112
💇 Haircut, simple	$8.84	$24.3
👖 Brand Jeans	$69.8	$86
👟 Brand Sneakers	$70.2	$139
👶 Daycare or Preschool, 1 month	$528	$1229
🏫 International Primary School, 1 year	$13891	$25346

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	$907
27 km or 16 mi	Yangsan	$963
40 km or 25 mi	Changwon	$1073
46 km or 28 mi	Masan	$1006
50 km or 31 mi	Geoje	$882
51 km or 32 mi	Miryang	$973
56 km or 35 mi	Ulsan	$1078
63 km or 39 mi	Tongyeong	$910
64 km or 40 mi	Sacheon	$953
81 km or 50 mi	Tsushima Island	$895
84 km or 52 mi	Gyeongsan	$1035
85 km or 53 mi	Gyeongju	$1326
87 km or 54 mi	Jinju	$878
94 km or 58 mi	Daegu	$1113
98 km or 61 mi	Yeongcheon	$1039
102 km or 64 mi	Tsushima	$896
108 km or 67 mi	Pohang	$989
123 km or 77 mi	Gwangyang	$965
131 km or 82 mi	Yeosu	$984
138 km or 86 mi	Gumi	$1055
141 km or 88 mi	Gimcheon	$1076
142 km or 88 mi	Suncheon	$991
154 km or 96 mi	Namwon	$960
162 km or 101 mi	Iki	$903
165 km or 103 mi	Andong	$865
166 km or 103 mi	Sangju	$1060
183 km or 113 mi	Mungyeong	$999
189 km or 118 mi	Jeonju	$787
193 km or 120 mi	Gwangju	$1147
195 km or 121 mi	Yeongju	$958
198 km or 123 mi	Hirado	$907
199 km or 124 mi	Munakata	$902
199 km or 124 mi	Fukutsu	$910
200 km or 124 mi	Okagaki	$897
201 km or 125 mi	Koga	$914
201 km or 125 mi	Shingu	$917
202 km or 125 mi	Itoshima	$914
202 km or 126 mi	Karatsu	$905
204 km or 127 mi	Daejeon	$924
205 km or 127 mi	Jeongeup	$955

Cities near George Town

Distance	City	Cost of living
333 km or 207 mi	Cienfuegos	$1247
356 km or 221 mi	Sancti Spiritus	$1507
361 km or 225 mi	Savanna-la-Mar	$1020
375 km or 233 mi	Montego Bay	$1005
377 km or 234 mi	Santa Clara	$1312
381 km or 237 mi	Placetas	$1371
385 km or 239 mi	Colon	$1209
394 km or 245 mi	Ciego de Avila	$1654
402 km or 250 mi	Guines	$1138
412 km or 256 mi	Florida	$1784
414 km or 257 mi	Sagua La Grande	$1269
418 km or 260 mi	Artemisa	$1092
418 km or 260 mi	Cardenas	$1220
419 km or 260 mi	Matanzas	$1182
422 km or 262 mi	Pinar del Rio	$1137
425 km or 264 mi	Moron	$1626
429 km or 266 mi	Camaguey	$1869
430 km or 267 mi	Mandeville	$674
440 km or 273 mi	Havana	$1001
459 km or 285 mi	May Pen	$768
461 km or 287 mi	Manzanillo	$2841
473 km or 294 mi	Old Harbour	$698
476 km or 296 mi	Linstead	$936
476 km or 296 mi	Yara	$2555
487 km or 303 mi	Spanish Town	$758
498 km or 310 mi	Las Tunas	$1727
503 km or 312 mi	Half Way Tree	$1062
504 km or 313 mi	Kingston	$1250
510 km or 317 mi	Bayamo	$2153
533 km or 331 mi	Port Antonio	$1005
563 km or 350 mi	Holguin	$1176
573 km or 356 mi	Palma Soriano	$1536
587 km or 365 mi	Santiago de Cuba	$1527
588 km or 365 mi	Key West	$3241
593 km or 369 mi	Cozumel	$940
599 km or 372 mi	Isla Mujeres	$1048
608 km or 378 mi	Cancun	$1291
615 km or 382 mi	Playa del Carmen	$1101
646 km or 401 mi	Tulum	$1322
653 km or 405 mi	Guantanamo	$1671