Cost of living comparison

 Busan, South Korea
compared to
 Toronto, Canada
Toronto vs. Busan Cost of Living Summary

Toronto is 73.0% more expensive than Busan.

Restaurants
pay 88.1% more in Toronto
Groceries
pay 14.6% less in Toronto
Transportation
pay 49.4% more in Toronto
Housing
pay 3.3 times more in Toronto
Childcare
pay 86.7% more in Toronto
Entertainment and Sports
pay 85.2% more in Toronto
Clothing
pay 17.7% less in Toronto

The cost of housing, restaurants, childcare, entertainment and sports, and transportation in Toronto are more expensive than in Busan. Expenses including clothing and groceries are lower in Toronto. Notably, housing, restaurants, and childcare are significantly more expensive in Toronto.

Toronto vs. Busan Cost Breakdown

If you lived in Toronto instead of Busan, you would:

pay 88.1% more for restaurants

 
Busan
Toronto
Basic meal with drink at inexpensive restaurant $6.45
₩9,448
$20.12
CA$29.02
Fast food combo meal
McDonalds, or similar
$5.91
₩8,661
$10.78
CA$15.54
Bottle of Coca-Cola (11 fl. oz) $1.84
₩2,690
$2.20
CA$3.17

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pay 14.6% less for groceries

 
Busan
Toronto
Bread
1 loaf
$3.58
₩5,249
$2.82
CA$4.07
Local cheese (8 oz) $5.10
₩7,480
$5.64
CA$8.14
Milk (1 gallon) $8.49
₩12,440
$12.09
CA$17.43

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pay 49.4% more for transportation

 
Busan
Toronto
Gasoline (1 gallon) $4.38
₩6,426
$4.38
CA$6.32
Monthly public transit pass $42.97
₩62,988
$112.08
CA$161.66
New Volkswagen Golf 1.4 (standard edition) $27,023.07
₩39,609,869
$24,490.95
CA$35,324.53

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pay 3.3 times more for housing

 
Busan
Toronto
Internet connection
50 mbps or faster, cable/dsl
$16.11
₩23,620
$51.33
CA$74.04
1-Bedroom apartment in downtown area $471.50
₩691,116
$1,807.04
CA$2,606.39
1-Bedroom apartment outside city center $286.48
₩419,919
$1,526.54
CA$2,201.80

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pay 86.7% more for childcare

 
Busan
Toronto
Private preschool for 1 child, monthly $477.47
₩699,864
$1,179.39
CA$1,701.09
Middle school for 1 child, two semesters $13,786.91
₩20,208,581
$17,423.23
CA$25,130.40

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pay 85.2% more for entertainment and sports

 
Busan
Toronto
Domestic/local beer (1 pint) $3.58
₩5,249
$5.75
CA$8.29
Cappuccino in mid-range area $3.82
₩5,603
$4.04
CA$5.82
Pack of cigarettes
Marlboro or similar
$3.22
₩4,724
$14.37
CA$20.73

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pay 17.7% less for clothing

 
Busan
Toronto
Regular jeans
Levi's brand
$100.27
₩146,972
$59.77
CA$86.21
Regular dress
from H&M or similar store
$64.46
₩94,482
$39.77
CA$57.37
Running shoes
Nike or Adidas
$90.24
₩132,274
$95.97
CA$138.42

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2025
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