🇰🇷 Living · South Korea

Busan

Cost of living, housing, transport and neighborhoods in Busan.

Busan · Asia ·UTC+9
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LowCost
★★★★★Safety
LimitedEnglish
KRW ₩Currency
3,400,000Population

City Overview

Busan is South Korea’s second city and largest port — famed for Haeundae and Gwangalli beaches, seafood and the BIFF film festival, the economic center of the southeast. Costs are below Seoul with rich beach living and excellent safety. The port, coastal and cultural city of southeastern Korea.

Cost of Living Snapshot

1BR Apartment ₩810,000–1,350,000/mo (centre); ₩600,000–950,000/mo (outer)
Dining Out ₩8,000–15,000 (casual); ₩30,000–60,000 (restaurant for 2)
Monthly Transport Monthly pass ~₩65,000
Monthly Groceries ₩400,000–700,000/mo (groceries)
USD Reference: Approx. USD 550–910/mo (1BR centre)· at 2026-07-21 FX rates
Full Cost of Living Report →

Source: RichBay editorial estimate — indicative, not guaranteed Estimate baseline: 2026-06-21 · Actual costs vary by location, timing, and personal lifestyle.

Getting Around

Metro (4 lines) + buses + light rail; T-money. Gimhae Airport (PUS). KTX to Seoul (~2.5 h). Walkable seafront.

Housing & Neighborhoods

City Center Seomyeon/Nampo-dong (core)
International Hub Haeundae (beach/upscale)
Quiet & Residential Gwangalli/Suyeong (livable/coast)
Budget-Friendly Outer/Sasang (value)

Why Live Here

  • Korea’s 2nd city; largest port
  • Beaches & the BIFF film festival
  • Cheaper than Seoul; very safe
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Frequently asked questions

How are the cost figures estimated?

Cost figures are RichBay editorial estimates of typical rent, food and transport, normalised to USD — indicative, not guaranteed. Verify locally before relying on them.

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