Busan vs Minneapolis - Cost of Living Comparison

Updated: October 10, 2024

	Busan	Minneapolis
🚶 Cost of living one person	$1122	$2256
👨‍👩‍👧‍👦 Cost of living Family	$3048	$5584
🏠 One person rent	$395	$1311
🏘️ Family rent	$821	$2372
🍽️ Food expenses	$472	$676
🚐 Transport expenses	$148	$123
💳 Monthly salary after tax	$2421	$4424
😷 Air quality	Moderate	Moderate
✈️ Airport proximity	13 km	12 km
🎓 Higher education	73	83
😀 Quality of life	89	88
🏙️ Population	3.45M	430K

The cost of living in Busan is 50% less expensive than in Minneapolis. Cities ranked 4837th and 1228th ($1122 vs $2256) in the list of the most expensive cities in the world and ranked 13th and 1082nd in South Korea and the United States, respectively. Check South Korea vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 2.2 months in Busan compared to 2 months in Minneapolis. Busan ranked 4th best city to live in South Korea vs Minneapolis ranked 60th in the United States, while ranked 181st and 234th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Busan vs Minneapolis infographic

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Prices in Busan vs Minneapolis

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

	Busan	Minneapolis
Eating Out
🍱 Lunch Menu	$5.92	$20.1
🥂 Dinner in a Restaurant, for 2	$34.7	$80.8
🥪 Fast food meal, equiv. McDonald's	$5.87	$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$3.56	$6.96
☕ Cappuccino	$4.09	$6
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.86	$3
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$423	$1461
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$273	$1061
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$902	$2697
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$636	$2009
🔌 Utility Bill one person, electricity, heating, water, etc.	$74.8	$102
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$114	$157
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$17.5	$67.6
🏦 Mortgage Interest Rate for 20 Years	4.21%	6.5%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8000	$3075
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$7248	$2486
Transportation
🚌 Local transport ticket	$1.15	$2.48
🎟️ Monthly ticket local transport	$44.1	$90
🚕 Taxi Ride, 8 km or 5 mi	$12.3	$18.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.22	$0.9
Groceries
🥛 Milk, 1 L or 1 qt	$2.17	$0.98
🍞 Bread, 0.5 kg or 1.1 lb	$3.21	$4.01
🍚 Rice, 1 kg or 2.2 lb	$2.99	$5.19
🥚 Eggs, x12	$3.36	$3.52
🧀 Cheese, 1 kg or 2.2 lb	$13.9	$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.91	$15.7
🥩 Round Steak, 1 kg or 2.2 lb	$28.2	$17.4
🍏 Apples, 1 kg or 2.2 lb	$7.36	$5.74
🍌 Banana, 1 kg or 2.2 lb	$3.31	$2.08
🍊 Oranges, 1 kg or 2.2 lb	$7.55	$5.14
🍅 Tomato, 1 kg or 2.2 lb	$5.13	$4.61
🥔 Potato, 1 kg or 2.2 lb	$3.43	$2.96
🧅 Onion, 1 kg or 2.2 lb	$3.51	$3.33
🌊 Water, 1 L or 1 qt	$0.8	$1.38
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.14	$2.25
🍾 Wine (mid-priced), 750 mL bottle	$14.1	$13.9
🍺 Beer, 0.5 L or 16 fl oz	$1.85	$2.01
🚬 Cigarette pack	$3.38	$10.9
💊 Cold medicince, 1 week	$4.71	$8.25
🧴 Hair Shampoo	$4.08	$5.17
🧻 Toilet paper, 4 rolls	$1.72	$3.44
👄 Toothpaste, 1 tube	$1.4	$1.92
Other
🏋️ Gym Membership, 1 month	$47.1	$33.9
🎫 Cinema Ticket, 1 person	$10.4	$13.9
👩‍⚕️ Doctor's visit	$25.1	$105
💇 Haircut, simple	$9.6	$15.9
👖 Brand Jeans	$92.7	$59.7
👟 Brand Sneakers	$87.9	$83.9
👶 Daycare or Preschool, 1 month	$557	$1565
🏫 International Primary School, 1 year	$14632	$27084

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	$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 Minneapolis

Distance	City	Cost of living
7 km or 4.4 mi	Golden Valley	$2231
8.4 km or 5.2 mi	St. Louis Park	$2224
9.1 km or 5.7 mi	Crystal	$2280
9.2 km or 5.7 mi	Roseville	$2193
10 km or 6.2 mi	Richfield	$2224
10 km or 6.4 mi	Brooklyn Center	$2358
11 km or 6.6 mi	New Hope	$2282
11 km or 6.8 mi	New Brighton	$2305
12 km or 7.2 mi	Fridley	$2400
12 km or 7.3 mi	Edina	$2251
14 km or 8.8 mi	Brooklyn Park	$2398
14 km or 9 mi	Saint Paul	$2091
14 km or 9 mi	Shoreview	$2282
15 km or 9.3 mi	Plymouth	$2292
15 km or 9.6 mi	Coon Rapids	$2476
17 km or 10 mi	Bloomington	$2239
18 km or 11 mi	Maple Grove	$2353
20 km or 12 mi	Minnetonka	$2297
20 km or 12 mi	Eagan	$2200
20 km or 12 mi	Blaine	$2429
21 km or 13 mi	South St. Paul	$2177
21 km or 13 mi	Eden Prairie	$2361
22 km or 14 mi	Maplewood	$2212
23 km or 14 mi	Savage	$2249
23 km or 14 mi	Inver Grove Heights	$2196
23 km or 15 mi	White Bear Lake	$2252
24 km or 15 mi	Burnsville	$2227
24 km or 15 mi	Oakdale	$2258
24 km or 15 mi	Lino Lakes	$2319
25 km or 15 mi	Chanhassen	$2320
25 km or 16 mi	Champlin	$2485
27 km or 17 mi	Woodbury	$2352
28 km or 17 mi	Andover	$2447
28 km or 17 mi	Apple Valley	$2162
29 km or 18 mi	Shakopee	$2318
29 km or 18 mi	Rosemount	$2191
31 km or 19 mi	Cottage Grove	$2252
32 km or 20 mi	Prior Lake	$2262
34 km or 21 mi	Chaska	$2294
34 km or 21 mi	Ramsey	$2640