Busan vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Busan Madrid
🚶 Cost of living one person
$1114
$2089
👨‍👩‍👧‍👦 Cost of living Family
$2827
$4820
🏠 One person rent
$430
$1219
🏘️ Family rent
$741
$2088
🍽️ Food expenses
$443
$518
🚐 Transport expenses
$144
$197
💳 Monthly salary after tax
$2595
$2681
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
72
98
😀 Quality of life
92
90
🏙️ Population
3.45M
3.51M

The cost of living in Busan is 47% less expensive than in Madrid. Cities ranked 5007th and 1805th ($1114 vs $2089) in the list of the most expensive cities in the world and ranked 11th 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 2.3 months in Busan compared to 1.3 months in Madrid. Busan ranked 3rd best city to live in South Korea vs Madrid ranked 1st in Spain, while ranked 121st and 190th among best cities to live in the world.

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the estimated difference in money purchasing power

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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
$5.89
$16.8
🥂 Dinner in a Restaurant, for 2
$32.2
$64.4
🥪 Fast food meal, equiv. McDonald's
$5.33
$12.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.24
$4.79
☕ Cappuccino
$3.77
$3.61
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.65
$3.17
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$478
$1380
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$269
$1000
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$873
$2540
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$493
$1720
🔌 Utility Bill one person, electricity, heating, water, etc.
$95.3
$111
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$148
$171
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24
$32.8
🏦 Mortgage Interest Rate for 20 Years
4.2%
3.15%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8921
$8795
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7114
$4558
Transportation
🚌 Local transport ticket
$1.03
$1.77
🎟️ Monthly ticket local transport
$49.9
$43.6
🚕 Taxi Ride, 8 km or 5 mi
$10.6
$18.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$1.97
$1.28
🍞 Bread, 0.5 kg or 1.1 lb
$2.59
$1.41
🍚 Rice, 1 kg or 2.2 lb
$2.56
$1.64
🥚 Eggs, x12
$2.73
$4.14
🧀 Cheese, 1 kg or 2.2 lb
$12.8
$18.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.37
$9.28
🥩 Round Steak, 1 kg or 2.2 lb
$23.1
$19.2
🍏 Apples, 1 kg or 2.2 lb
$5.87
$2.98
🍌 Banana, 1 kg or 2.2 lb
$3.4
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$7.57
$2.69
🍅 Tomato, 1 kg or 2.2 lb
$4.95
$2.9
🥔 Potato, 1 kg or 2.2 lb
$3.64
$2.3
🧅 Onion, 1 kg or 2.2 lb
$3.08
$2.24
🌊 Water, 1 L or 1 qt
$0.81
$0.6
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.94
$2.67
🍾 Wine (mid-priced), 750 mL bottle
$14.9
$10.2
🍺 Beer, 0.5 L or 16 fl oz
$1.94
$1.4
🚬 Cigarette pack
$3.07
$7.09
💊 Cold medicince, 1 week
$4.27
$11.5
🧴 Hair Shampoo
$3.7
$4.06
🧻 Toilet paper, 4 rolls
$1.57
$2.63
👄 Toothpaste, 1 tube
$1.27
$2.83
Other
🏋️ Gym Membership, 1 month
$49.6
$52.8
🎫 Cinema Ticket, 1 person
$9.72
$12.3
👩‍⚕️ Doctor's visit
$23
$71
💇 Haircut, simple
$7.96
$20.2
👖 Brand Jeans
$83.9
$103
👟 Brand Sneakers
$78.8
$108
👶 Daycare or Preschool, 1 month
$465
$702
🏫 International Primary School, 1 year
$15370
$14237

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
$946
27 km or 16 mi Yangsan
$1005
40 km or 25 mi Changwon
$1032
46 km or 28 mi Masan
$994
50 km or 31 mi Geoje
$961
51 km or 32 mi Miryang
$991
56 km or 35 mi Ulsan
$1020
63 km or 39 mi Tongyeong
$981
64 km or 40 mi Sacheon
$993
81 km or 50 mi Tsushima Island
$945
84 km or 52 mi Gyeongsan
$976
85 km or 53 mi Gyeongju
$1012
87 km or 54 mi Jinju
$1111
94 km or 58 mi Daegu
$1043
98 km or 61 mi Yeongcheon
$997
102 km or 64 mi Tsushima
$944
108 km or 67 mi Pohang
$1030
123 km or 77 mi Gwangyang
$996
131 km or 82 mi Yeosu
$1008
138 km or 86 mi Gumi
$943
141 km or 88 mi Gimcheon
$916
142 km or 88 mi Suncheon
$1014
154 km or 96 mi Namwon
$970
162 km or 101 mi Iki
$944
165 km or 103 mi Andong
$916
166 km or 103 mi Sangju
$951
183 km or 113 mi Mungyeong
$954
189 km or 118 mi Jeonju
$823
193 km or 120 mi Gwangju
$1062
195 km or 121 mi Yeongju
$994
198 km or 123 mi Hirado
$932
199 km or 124 mi Munakata
$968
199 km or 124 mi Fukutsu
$965
200 km or 124 mi Okagaki
$977
201 km or 125 mi Koga
$955
201 km or 125 mi Shingu
$954
202 km or 125 mi Itoshima
$940
202 km or 126 mi Karatsu
$934
204 km or 127 mi Daejeon
$922
205 km or 127 mi Jeongeup
$963

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1936
11 km or 6.7 mi Coslada
$1751
14 km or 8.5 mi Alcobendas
$1731
18 km or 11 mi Mostoles
$1747
18 km or 11 mi Fuenlabrada
$1648
18 km or 11 mi Torrejon de Ardoz
$1671
21 km or 13 mi Tres Cantos
$1688
29 km or 18 mi Alcala de Henares
$1697
50 km or 31 mi Guadalajara
$1226
68 km or 42 mi Toledo
$1350
69 km or 43 mi Segovia
$1366
138 km or 86 mi Cuenca
$1251
155 km or 97 mi Laguna de Duero
$1384
158 km or 98 mi Villarrobledo
$1433
162 km or 101 mi Valladolid
$1408
177 km or 110 mi Salamanca
$1215
196 km or 122 mi Puertollano
$918
208 km or 129 mi Plasencia
$1260
211 km or 131 mi Zamora
$1387
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1451
242 km or 150 mi Villanueva de la Serena
$1349
244 km or 151 mi Requena
$1461
250 km or 156 mi Logrono
$1146
251 km or 156 mi Caceres
$1253
253 km or 157 mi Tudela
$1462
258 km or 160 mi Linares
$1356
269 km or 167 mi Ubeda
$1435
272 km or 169 mi Zaragoza
$1471
281 km or 175 mi Merida
$1300
283 km or 176 mi Vitoria-Gasteiz
$1734
288 km or 179 mi Leon
$1365
295 km or 183 mi Jaen
$1123
296 km or 184 mi Jumilla
$1388
297 km or 184 mi Cordoba
$1331
298 km or 185 mi Yecla
$1299
299 km or 186 mi Braganca
$957
301 km or 187 mi Martos
$1385
302 km or 187 mi Caravaca de la Cruz
$1366
302 km or 188 mi Valencia
$1797