Cost of Living in Busan, South Korea
Busan has a cost of living index of 57/100 (New York = 100). It is 43% cheaper than New York. Data sourced live via AI — updated regularly.
Cost Breakdown by Category
Digital Nomad Profile
Best neighborhoods: Seomyeon, Gwangbok-ro, Nampo-dong
Frequently Asked Questions
Is Busan cheap to live in?
Busan has a cost of living index of 57/100, where New York = 100. It is 43% cheaper than New York. A single person can live comfortably for approximately $1,140–$1,596 per month.
How much does rent cost in Busan?
A 1-bedroom apartment in the city center of Busan costs approximately $600/month. Outside the center, expect to pay around $420/month.
Is Busan good for digital nomads?
Busan has a growing digital nomad community. Average internet speed is 320 Mbps, café wifi reliability is excellent, and coworking spaces run about $250/month. English proficiency is moderate.
What is the average salary in Busan?
The median net monthly salary in Busan is approximately $2,800 USD. The income tax rate is around 19%.
How does Busan compare to New York for cost of living?
Busan (cost index 57) is 43% cheaper than New York (cost index 100). You could save roughly $1,075/month by moving from New York to Busan.
Compare Busan with another city
See exactly how Busan stacks up against your current city or next destination.
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