Busan vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Busan Madrid
🚶 Cost of living one person
$1122
$1889
👨‍👩‍👧‍👦 Cost of living Family
$3048
$4256
🏠 One person rent
$395
$1111
🏘️ Family rent
$821
$1849
🍽️ Food expenses
$472
$457
🚐 Transport expenses
$148
$177
💳 Monthly salary after tax
$2421
$2391
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
73
98
😀 Quality of life
89
90
🏙️ Population
3.45M
3.33M

The cost of living in Busan is 41% less expensive than in Madrid. Cities ranked 4837th and 2194th ($1122 vs $1889) in the list of the most expensive cities in the world and ranked 13th and 5th in South Korea and Spain, respectively. Check South Korea vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 2.2 months in Busan compared to 1.3 months in Madrid. Busan ranked 4th best city to live in South Korea vs Madrid ranked 1st in Spain, while ranked 181st and 149th 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 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
$5.92
$15.3
🥂 Dinner in a Restaurant, for 2
$34.7
$58.7
🥪 Fast food meal, equiv. McDonald's
$5.87
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.56
$4.18
☕ Cappuccino
$4.09
$2.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.86
$2.83
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$423
$1256
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$273
$911
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$902
$2211
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$636
$1526
🔌 Utility Bill one person, electricity, heating, water, etc.
$74.8
$98
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$114
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.5
$33.1
🏦 Mortgage Interest Rate for 20 Years
4.21%
3.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8000
$6496
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7248
$4015
Transportation
🚌 Local transport ticket
$1.15
$1.65
🎟️ Monthly ticket local transport
$44.1
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$12.3
$15.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.22
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$2.17
$1.19
🍞 Bread, 0.5 kg or 1.1 lb
$3.21
$1.5
🍚 Rice, 1 kg or 2.2 lb
$2.99
$1.51
🥚 Eggs, x12
$3.36
$3.24
🧀 Cheese, 1 kg or 2.2 lb
$13.9
$15.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.91
$8.47
🥩 Round Steak, 1 kg or 2.2 lb
$28.2
$15.4
🍏 Apples, 1 kg or 2.2 lb
$7.36
$2.61
🍌 Banana, 1 kg or 2.2 lb
$3.31
$2.01
🍊 Oranges, 1 kg or 2.2 lb
$7.55
$2.2
🍅 Tomato, 1 kg or 2.2 lb
$5.13
$2.45
🥔 Potato, 1 kg or 2.2 lb
$3.43
$1.85
🧅 Onion, 1 kg or 2.2 lb
$3.51
$1.82
🌊 Water, 1 L or 1 qt
$0.8
$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.14
$2.22
🍾 Wine (mid-priced), 750 mL bottle
$14.1
$7.49
🍺 Beer, 0.5 L or 16 fl oz
$1.85
$1.3
🚬 Cigarette pack
$3.38
$6.16
💊 Cold medicince, 1 week
$4.71
$9.3
🧴 Hair Shampoo
$4.08
$3.59
🧻 Toilet paper, 4 rolls
$1.72
$2.4
👄 Toothpaste, 1 tube
$1.4
$2.71
Other
🏋️ Gym Membership, 1 month
$47.1
$47.2
🎫 Cinema Ticket, 1 person
$10.4
$11.5
👩‍⚕️ Doctor's visit
$25.1
$67.3
💇 Haircut, simple
$9.6
$21.5
👖 Brand Jeans
$92.7
$89.1
👟 Brand Sneakers
$87.9
$96.9
👶 Daycare or Preschool, 1 month
$557
$585
🏫 International Primary School, 1 year
$14632
$10462

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
$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 Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1776
11 km or 6.7 mi Coslada
$1567
14 km or 8.5 mi Alcobendas
$1526
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1471
21 km or 13 mi Tres Cantos
$1396
29 km or 18 mi Alcala de Henares
$1444
50 km or 31 mi Guadalajara
$1122
68 km or 42 mi Toledo
$1289
69 km or 43 mi Segovia
$1333
138 km or 86 mi Cuenca
$1162
155 km or 97 mi Laguna de Duero
$1259
158 km or 98 mi Villarrobledo
$1287
162 km or 101 mi Valladolid
$1262
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$974
208 km or 129 mi Plasencia
$1169
211 km or 131 mi Zamora
$1260
215 km or 133 mi Burgos
$1220
223 km or 139 mi Albacete
$1037
242 km or 150 mi Villanueva de la Serena
$1217
244 km or 151 mi Requena
$1317
250 km or 156 mi Logrono
$1016
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1314
258 km or 160 mi Linares
$1316
269 km or 167 mi Ubeda
$1461
272 km or 169 mi Zaragoza
$1330
281 km or 175 mi Merida
$1186
283 km or 176 mi Vitoria-Gasteiz
$1600
288 km or 179 mi Leon
$1337
295 km or 183 mi Jaen
$1013
296 km or 184 mi Jumilla
$1258
297 km or 184 mi Cordoba
$1165
298 km or 185 mi Yecla
$1271
299 km or 186 mi Braganca
$863
301 km or 187 mi Martos
$1284
302 km or 187 mi Caravaca de la Cruz
$1260
302 km or 188 mi Valencia
$1581