Cost of living comparison
Busan is 15.9% cheaper than Toronto.
- Restaurants
-
pay 39.3% less in Busan
- Groceries
-
pay 41.0% more in Busan
- Transportation
-
pay 20.7% less in Busan
- Housing
-
pay 55.9% less in Busan
- Childcare
-
pay 40.2% less in Busan
- Entertainment and Sports
-
pay 26.5% less in Busan
- Clothing
-
pay 30.6% more in Busan
The cost of groceries and clothing in Busan are more expensive than in Toronto. Expenses including housing, childcare, restaurants, entertainment and sports, and transportation are lower in Busan.
If you lived in Busan instead of Toronto, you would:
pay 39.3% less for restaurants
|
Toronto
|
Busan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.12
CA$28.93
|
$6.45
₩9,478
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.78
CA$15.50
|
$5.91
₩8,688
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.20
CA$3.16
|
$1.84
₩2,699
|
|
| Bottle of water (11 fl. oz) |
$1.73
CA$2.49
|
$1.25
₩1,843
|
|
pay 41.0% more for groceries
|
Toronto
|
Busan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.82
CA$4.06
|
$3.58
₩5,266
|
|
| Local cheese (8 oz) |
$5.64
CA$8.12
|
$5.10
₩7,503
|
|
| Milk (1 gallon) |
$12.09
CA$17.38
|
$8.49
₩12,480
|
|
|
Eggs
1 dozen
|
$3.38
CA$4.86
|
$3.20
₩4,711
|
|
| Boneless chicken breast (1 lb) |
$5.59
CA$8.05
|
$3.64
₩5,350
|
|
| Apples (1 lb) |
$1.76
CA$2.53
|
$3.74
₩5,493
|
|
| Bananas (1 lb) |
$0.62
CA$0.88
|
$1.41
₩2,073
|
|
| Oranges (1 lb) |
$1.61
CA$2.31
|
$3.27
₩4,804
|
|
| Tomatoes (1 lb) |
$1.79
CA$2.57
|
$2.33
₩3,420
|
|
| Potatoes (1 lb) |
$1.08
CA$1.55
|
$2.27
₩3,344
|
|
| Onions (1 lb) |
$1.27
CA$1.83
|
$1.50
₩2,209
|
|
pay 20.7% less for transportation
|
Toronto
|
Busan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.38
CA$6.30
|
$4.38
₩6,446
|
|
| Monthly public transit pass |
$112.08
CA$161.19
|
$42.97
₩63,186
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,490.95
CA$35,221.67
|
$27,023.07
₩39,734,716
|
|
| Taxi trip in downtown area (5 miles) |
$15.09
CA$21.70
|
$10.31
₩15,165
|
|
pay 55.9% less for housing
|
Toronto
|
Busan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.33
CA$73.82
|
$16.11
₩23,695
|
|
| 1-Bedroom apartment in downtown area |
$1,807.04
CA$2,598.80
|
$471.50
₩693,294
|
|
| 1-Bedroom apartment outside city center |
$1,526.54
CA$2,195.39
|
$286.48
₩421,242
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$85.64
CA$123.16
|
$85.90
₩126,300
|
|
pay 40.2% less for childcare
|
Toronto
|
Busan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,179.39
CA$1,696.14
|
$477.47
₩702,070
|
|
| Middle school for 1 child, two semesters |
$17,423.23
CA$25,057.22
|
$13,786.91
₩20,272,277
|
|
pay 26.5% less for entertainment and sports
|
Toronto
|
Busan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.75
CA$8.27
|
$3.58
₩5,266
|
|
| Cappuccino in mid-range area |
$4.04
CA$5.80
|
$3.82
₩5,621
|
|
|
Pack of cigarettes
Marlboro or similar
|
$14.37
CA$20.67
|
$3.22
₩4,739
|
|
| Monthly membership at local gym |
$49.00
CA$70.47
|
$50.13
₩73,717
|
|
| Movie ticket to theater/cinema |
$12.93
CA$18.60
|
$11.10
₩16,323
|
|
pay 30.6% more for clothing
|
Toronto
|
Busan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.77
CA$85.96
|
$100.27
₩147,435
|
|
|
Regular dress
from H&M or similar store
|
$39.77
CA$57.20
|
$64.46
₩94,779
|
|
|
Running shoes
Nike or Adidas
|
$95.97
CA$138.01
|
$90.24
₩132,691
|
|
| Men's business shoes (leather) |
$116.44
CA$167.45
|
$114.59
₩168,497
|
|
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