Busan vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Busan Madrid
🚶 Cost of living one person
$1060
$1781
👨‍👩‍👧‍👦 Cost of living Family
$2838
$4027
🏠 One person rent
$390
$1048
🏘️ Family rent
$797
$1736
🍽️ Food expenses
$436
$445
🚐 Transport expenses
$135
$163
💳 Monthly salary after tax
$2181
$2294
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
72
98
😀 Quality of life
89
90
🏙️ Population
3.45M
3.42M

The cost of living in Busan is 40% less expensive than in Madrid. Cities ranked 5092nd and 2443rd ($1060 vs $1781) in the list of the most expensive cities in the world and ranked 30th 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 2.1 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 201st and 151st 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
$5.69
$14.7
🥂 Dinner in a Restaurant, for 2
$28
$57
🥪 Fast food meal, equiv. McDonald's
$5.51
$10.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.28
$4.36
☕ Cappuccino
$3.79
$2.92
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.8
$2.77
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$392
$1203
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$248
$853
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$825
$2092
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$584
$1428
🔌 Utility Bill one person, electricity, heating, water, etc.
$92.3
$94
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$143
$145
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.7
$30.6
🏦 Mortgage Interest Rate for 20 Years
4.26%
3.59%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7716
$6884
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$7051
$3988
Transportation
🚌 Local transport ticket
$1.09
$1.56
🎟️ Monthly ticket local transport
$40.2
$32.4
🚕 Taxi Ride, 8 km or 5 mi
$11.2
$15.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.12
$1.74
Groceries
🥛 Milk, 1 L or 1 qt
$2.05
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$2.95
$1.31
🍚 Rice, 1 kg or 2.2 lb
$2.46
$1.31
🥚 Eggs, x12
$3.1
$3.12
🧀 Cheese, 1 kg or 2.2 lb
$12.6
$13.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.19
$8.12
🥩 Round Steak, 1 kg or 2.2 lb
$26.4
$14.5
🍏 Apples, 1 kg or 2.2 lb
$6.81
$2.31
🍌 Banana, 1 kg or 2.2 lb
$3.06
$1.91
🍊 Oranges, 1 kg or 2.2 lb
$6.97
$2.13
🍅 Tomato, 1 kg or 2.2 lb
$4.64
$2.26
🥔 Potato, 1 kg or 2.2 lb
$4.35
$1.78
🧅 Onion, 1 kg or 2.2 lb
$3.2
$1.77
🌊 Water, 1 L or 1 qt
$0.75
$0.59
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.98
$2.02
🍾 Wine (mid-priced), 750 mL bottle
$13
$6.89
🍺 Beer, 0.5 L or 16 fl oz
$1.7
$1.21
🚬 Cigarette pack
$3.11
$6.25
💊 Cold medicince, 1 week
$4.4
$11.5
🧴 Hair Shampoo
$3.79
$3.96
🧻 Toilet paper, 4 rolls
$1.58
$2.62
👄 Toothpaste, 1 tube
$1.3
$2.99
Other
🏋️ Gym Membership, 1 month
$43.7
$45
🎫 Cinema Ticket, 1 person
$9.64
$10.2
👩‍⚕️ Doctor's visit
$23
$58.3
💇 Haircut, simple
$8.84
$15.1
👖 Brand Jeans
$85.9
$80.7
👟 Brand Sneakers
$80.7
$90.1
👶 Daycare or Preschool, 1 month
$470
$576
🏫 International Primary School, 1 year
$13395
$10042

Cost of living in other countries

BusanMadrid

Cost of living

$349

$907

$6.64K

More cities to compare

Cost of Living in the nearest cities

Cities near Busan

Distance City Cost of living
21 km or 13 mi Gimhae
$959
27 km or 16 mi Yangsan
$1027
40 km or 25 mi Changwon
$1075
46 km or 28 mi Masan
$998
50 km or 31 mi Geoje
$887
51 km or 32 mi Miryang
$1030
56 km or 35 mi Ulsan
$1059
63 km or 39 mi Tongyeong
$924
64 km or 40 mi Sacheon
$983
81 km or 50 mi Tsushima Island
$901
84 km or 52 mi Gyeongsan
$991
85 km or 53 mi Gyeongju
$1388
87 km or 54 mi Jinju
$1054
94 km or 58 mi Daegu
$995
98 km or 61 mi Yeongcheon
$1115
102 km or 64 mi Tsushima
$903
108 km or 67 mi Pohang
$988
123 km or 77 mi Gwangyang
$1002
131 km or 82 mi Yeosu
$989
138 km or 86 mi Gumi
$992
141 km or 88 mi Gimcheon
$977
142 km or 88 mi Suncheon
$1059
154 km or 96 mi Namwon
$987
162 km or 101 mi Iki
$902
165 km or 103 mi Andong
$880
166 km or 103 mi Sangju
$1000
183 km or 113 mi Mungyeong
$979
189 km or 118 mi Jeonju
$854
193 km or 120 mi Gwangju
$1101
195 km or 121 mi Yeongju
$964
198 km or 123 mi Hirado
$891
199 km or 124 mi Munakata
$916
199 km or 124 mi Fukutsu
$916
200 km or 124 mi Okagaki
$913
201 km or 125 mi Koga
$921
201 km or 125 mi Shingu
$919
202 km or 125 mi Itoshima
$910
202 km or 126 mi Karatsu
$895
204 km or 127 mi Daejeon
$992
205 km or 127 mi Jeongeup
$970

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1565
11 km or 6.7 mi Coslada
$1530
14 km or 8.5 mi Alcobendas
$1433
18 km or 11 mi Mostoles
$1573
18 km or 11 mi Fuenlabrada
$1389
18 km or 11 mi Torrejon de Ardoz
$1387
21 km or 13 mi Tres Cantos
$1309
29 km or 18 mi Alcala de Henares
$1293
50 km or 31 mi Guadalajara
$1056
68 km or 42 mi Toledo
$1204
69 km or 43 mi Segovia
$1285
138 km or 86 mi Cuenca
$1084
155 km or 97 mi Laguna de Duero
$1201
158 km or 98 mi Villarrobledo
$1235
162 km or 101 mi Valladolid
$1212
177 km or 110 mi Salamanca
$1086
196 km or 122 mi Puertollano
$812
208 km or 129 mi Plasencia
$1098
211 km or 131 mi Zamora
$1286
215 km or 133 mi Burgos
$1107
223 km or 139 mi Albacete
$1209
242 km or 150 mi Villanueva de la Serena
$1157
244 km or 151 mi Requena
$1261
250 km or 156 mi Logrono
$983
251 km or 156 mi Caceres
$947
253 km or 157 mi Tudela
$1241
258 km or 160 mi Linares
$1220
269 km or 167 mi Ubeda
$1316
272 km or 169 mi Zaragoza
$1101
281 km or 175 mi Merida
$1126
283 km or 176 mi Vitoria-Gasteiz
$1532
288 km or 179 mi Leon
$1241
295 km or 183 mi Jaen
$930
296 km or 184 mi Jumilla
$1241
297 km or 184 mi Cordoba
$1100
298 km or 185 mi Yecla
$1324
299 km or 186 mi Braganca
$806
301 km or 187 mi Martos
$1204
302 km or 187 mi Caravaca de la Cruz
$1221
302 km or 188 mi Valencia
$1522