Busan vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Busan Madrid
🚶 Cost of living one person
$1029
$1726
👨‍👩‍👧‍👦 Cost of living Family
$2852
$3985
🏠 One person rent
$380
$986
🏘️ Family rent
$849
$1693
🍽️ Food expenses
$419
$440
🚐 Transport expenses
$141
$168
💳 Monthly salary after tax
$2548
$2362
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
73
98
😀 Quality of life
91
90
🏙️ Population
3.45M
3.28M

The cost of living in Busan is 40% less expensive than in Madrid. Cities ranked 5114th and 2577th ($1029 vs $1726) in the list of the most expensive cities in the world and ranked 39th and 7th in South Korea and Spain, respectively. Check South Korea vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 2.5 months in Busan compared to 1.4 months in Madrid. Busan ranked 4th best city to live in South Korea vs Madrid ranked 1st in Spain, while ranked 108th and 121st among best cities to live in the world.

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Cost of living in Busan vs Madrid infographic

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Prices in Busan vs Madrid

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

Busan Madrid
Eating Out
🍱 Lunch Menu
$5.65
$14.1
🥂 Dinner in a Restaurant, for 2
$27.5
$58.9
🥪 Fast food meal, equiv. McDonald's
$5.34
$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3
$4.01
 Cappuccino
$3.66
$2.55
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.36
$2.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$366
$1118
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$251
$805
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$869
$2068
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$654
$1386
🔌 Utility Bill one person, electricity, heating, water, etc.
$87
$85.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$134
$138
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.2
$32.9
🏦 Mortgage Interest Rate for 20 Years
4.47%
2.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8493
$4611
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7560
$2665
Transportation
🚌 Local transport ticket
$1.01
$1.64
🎟️ Monthly ticket local transport
$44.1
$43.5
🚕 Taxi Ride, 8 km or 5 mi
$11.1
$14
 Gas / Petrol, 1 L or 0.26 gal
$1.23
$1.81
Groceries
🥛 Milk, 1 L or 1 qt
$1.98
$1.15
🍞 Bread, 0.5 kg or 1.1 lb
$2.87
$1.5
🍚 Rice, 1 kg or 2.2 lb
$3.08
$1.44
🥚 Eggs, x12
$3.18
$3.16
🧀 Cheese, 1 kg or 2.2 lb
$14.6
$14.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.52
$8.08
🥩 Round Steak, 1 kg or 2.2 lb
$30
$14.9
🍏 Apples, 1 kg or 2.2 lb
$5.54
$2.39
🍌 Banana, 1 kg or 2.2 lb
$2.96
$1.93
🍊 Oranges, 1 kg or 2.2 lb
$5.76
$1.79
🍅 Tomato, 1 kg or 2.2 lb
$4.47
$2.45
🥔 Potato, 1 kg or 2.2 lb
$3.27
$1.48
🧅 Onion, 1 kg or 2.2 lb
$3.18
$1.58
🌊 Water, 1 L or 1 qt
$0.63
$0.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.1
$2.24
🍾 Wine (mid-priced), 750 mL bottle
$11.4
$6.7
🍺 Beer, 0.5 L or 16 fl oz
$1.72
$1.33
🚬 Cigarette pack
$3.34
$5.86
💊 Cold medicince, 1 week
$4.69
$11.5
🧴 Hair Shampoo
$4.02
$3.45
🧻 Toilet paper, 4 rolls
$1.73
$2.12
👄 Toothpaste, 1 tube
$1.39
$2.44
Other
🏋️ Gym Membership, 1 month
$41.3
$45.2
🎫 Cinema Ticket, 1 person
$8.92
$10.5
👩‍⚕️ Doctor's visit
$25
$72.3
💇 Haircut, simple
$8.84
$19.1
👖 Brand Jeans
$69.8
$73.2
👟 Brand Sneakers
$70.2
$84.6
👶 Daycare or Preschool, 1 month
$528
$529
🏫 International Primary School, 1 year
$13891
$9474

Cost of living in other countries

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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 Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1721
11 km or 6.7 mi Coslada
$1368
14 km or 8.5 mi Alcobendas
$1377
18 km or 11 mi Mostoles
$1572
18 km or 11 mi Fuenlabrada
$1492
18 km or 11 mi Torrejon de Ardoz
$1219
21 km or 13 mi Tres Cantos
$1298
29 km or 18 mi Alcala de Henares
$1156
50 km or 31 mi Guadalajara
$1138
68 km or 42 mi Toledo
$1282
69 km or 43 mi Segovia
$1303
138 km or 86 mi Cuenca
$1139
155 km or 97 mi Laguna de Duero
$1187
158 km or 98 mi Villarrobledo
$1203
162 km or 101 mi Valladolid
$1207
177 km or 110 mi Salamanca
$973
196 km or 122 mi Puertollano
$932
208 km or 129 mi Plasencia
$1127
211 km or 131 mi Zamora
$1140
215 km or 133 mi Burgos
$1109
223 km or 139 mi Albacete
$983
242 km or 150 mi Villanueva de la Serena
$1137
244 km or 151 mi Requena
$1241
250 km or 156 mi Logrono
$1142
251 km or 156 mi Caceres
$902
253 km or 157 mi Tudela
$1260
258 km or 160 mi Linares
$1206
269 km or 167 mi Ubeda
$1283
272 km or 169 mi Zaragoza
$1327
281 km or 175 mi Merida
$1096
283 km or 176 mi Vitoria-Gasteiz
$1382
288 km or 179 mi Leon
$987
295 km or 183 mi Jaen
$963
296 km or 184 mi Jumilla
$1191
297 km or 184 mi Cordoba
$1056
298 km or 185 mi Yecla
$1210
299 km or 186 mi Braganca
$807
301 km or 187 mi Martos
$1214
302 km or 187 mi Caravaca de la Cruz
$1176
302 km or 188 mi Valencia
$1437