Expat Topics
Cost of Living in Busan (2026)
Monthly budget breakdown for expats living in Busan, South Korea
Last updated: March 2026
The cost of living in Busan, South Korea for an expat in 2026 averages ₩600K–1,200K per month for rent (1-br, haeundae / gwangalli). Key costs include rent (1-br, haeundae / gwangalli) (₩600K–1,200K), rent (1-br, city center) (₩400K–750K), groceries (₩250K–400K).
Busan is a popular destination for expats relocating to South Korea. Busan is Korea's second city and its most underrated by expats. A coastal metropolis of 3. Below is a detailed monthly budget breakdown based on real expat spending data.
Monthly Expenses Breakdown
| Expense | Monthly Cost |
|---|---|
| Rent (1-BR, Haeundae / Gwangalli) | ₩600K–1,200K |
| Rent (1-BR, city center) | ₩400K–750K |
| Groceries | ₩250K–400K |
| Transport (metro + bus) | ₩50K–80K |
| Utilities (electricity, gas, internet) | ₩130K–250K |
| NHIS premium (approx.) | ₩80K–150K |
| Dining out (seafood focus) | ₩150K–300K |
| Entertainment & misc. | ₩80K–150K |
| Total (comfortable, Busan) | $1,400–$2,300 USD equiv. |
Busan Quick Facts
English Level
Moderate
Best For
Beach lovers, retirees, budget-conscious expats
Monthly Budget
$1,400–$2,500
1-BR Rent (Haeundae)
₩700K–1.2M/month (~$520–$900)
1-BR Rent (city center)
₩400K–750K/month (~$300–$560)
Internet Speed
~250 Mbps (near Seoul levels)
Beach Access
Haeundae & Gwangalli — in-city
Airport
Gimhae (PUS) — direct to Tokyo, Osaka, Shanghai
Frequently Asked Questions
How much does it cost to live in Busan per month?
Monthly costs in Busan depend on your lifestyle. Key expenses include rent (1-br, haeundae / gwangalli) (₩600K–1,200K), rent (1-br, city center) (₩400K–750K), groceries (₩250K–400K). See the full breakdown above for a complete picture.
Is Busan affordable for expats?
Busan is a popular expat destination with costs that vary by neighborhood and lifestyle. Many expats find they can live comfortably on a mid-range budget.
What is the average rent in Busan?
Rent (1-BR, Haeundae / Gwangalli): ₩600K–1,200K. Rent (1-BR, city center): ₩400K–750K