Planning to move to Busan? Here is a complete breakdown of the cost of living for expats in Busan, South Korea as of 2026. All figures are in EUR for easy cross-country comparison.
Monthly Cost Snapshot
Full Cost Breakdown
Compared to Country Average
| Category | Busan | South Korea Avg | Difference |
|---|---|---|---|
| 1BR Rent (Centre) | €621 | €704 | -12% below avg |
| Total Single (Centre) | €1,380 | €1,514 | -9% below avg |
| Total Family (Centre) | €2,800 | €3,050 | -8% below avg |
| Groceries | €345 | €378 | -9% below avg |
| Transport | €83 | €91 | -9% below avg |
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Frequently Asked Questions
How much does it cost to live in Busan in 2026?
A single expat living in central Busan should budget approximately €1,380 per month, covering rent, groceries, transport, utilities, healthcare, and entertainment. A family of four needs around €2,800/month.
How much is rent in Busan for expats?
A 1-bedroom apartment in Busan city centre costs around €621/month. Outside the centre, expect to pay approximately €414/month. A 3-bedroom apartment in the centre is around €1,366/month.
Is Busan expensive compared to other cities in South Korea?
Busan has a cost index of 78% relative to the capital. There are 3 cities tracked in South Korea for comparison.
Related: South Korea Guide · South Korea Salaries · South Korea Cost of Living · Visa Comparison · Compare South Korea · All Countries
Data sourced from numbeo. Last verified 2026-03-10.