Cost of living comparison
compared to
Busan vs. Madrid Cost of Living Summary
Busan is 20.2% cheaper than Madrid.
Busan vs. Madrid Cost Breakdown
If you lived in Busan instead of Madrid, you would:
pay 49.6% less for restaurants
|
Madrid
|
Busan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.92
€15.95
|
$7.46
₩9,962
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.20
€9.97
|
$6.64
₩8,867
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.30
€2.94
|
$1.82
₩2,433
|
|
| Bottle of water (11 fl. oz) |
$2.30
€2.05
|
$1.42
₩1,893
|
|
Madrid vs. Busan - Cost of restaurants
pay 71.3% more for groceries
|
Madrid
|
Busan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.57
€1.39
|
$3.17
₩4,234
|
|
| Local cheese (8 oz) |
$8.35
€7.43
|
$5.50
₩7,347
|
|
| Milk (1 gallon) |
$5.25
€4.67
|
$8.67
₩11,568
|
|
|
Eggs
1 dozen
|
$4.15
€3.69
|
$2.66
₩3,556
|
|
| Boneless chicken breast (1 lb) |
$4.23
€3.76
|
$4.74
₩6,326
|
|
| Apples (1 lb) |
$1.17
€1.04
|
$5.08
₩6,778
|
|
| Bananas (1 lb) |
$0.96
€0.85
|
$1.65
₩2,203
|
|
| Oranges (1 lb) |
$1.15
€1.02
|
$3.68
₩4,906
|
|
| Tomatoes (1 lb) |
$1.16
€1.03
|
$2.69
₩3,593
|
|
| Potatoes (1 lb) |
$1.00
€0.89
|
$2.71
₩3,615
|
|
| Onions (1 lb) |
$0.97
€0.86
|
$1.51
₩2,011
|
|
Madrid vs. Busan - Cost of groceries
pay 7.7% less for transportation
|
Madrid
|
Busan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.88
€6.12
|
$5.24
₩6,996
|
|
| Monthly public transit pass |
$36.95
€32.89
|
$59.71
₩79,700
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,271.67
€31,393.06
|
$29,385.60
₩39M
|
|
| Taxi trip in downtown area (5 miles) |
$15.84
€14.10
|
$9.55
₩12,752
|
|
Madrid vs. Busan - Cost of transportation
pay 53.6% less for housing
|
Madrid
|
Busan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.86
€31.03
|
$27.06
₩36,114
|
|
| 1-Bedroom apartment in downtown area |
$1,491.38
€1,327.38
|
$720.80
₩962K
|
|
| 1-Bedroom apartment outside city center |
$1,193.86
€1,062.58
|
$365.55
₩488K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.11
€128.26
|
$152.90
₩204K
|
|
Madrid vs. Busan - Cost of housing
pay 7.6% more for childcare
|
Madrid
|
Busan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$668.48
€594.97
|
$634.44
₩847K
|
|
| Middle school for 1 child, two semesters |
$17,859.91
€15,895.97
|
$21,781.84
₩29M
|
|
Madrid vs. Busan - Cost of childcare
pay 2.6% more for entertainment and sports
|
Madrid
|
Busan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.92
€3.49
|
$3.73
₩4,981
|
|
| Cappuccino in mid-range area |
$3.07
€2.74
|
$3.68
₩4,908
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.72
€5.98
|
$3.36
₩4,483
|
|
| Monthly membership at local gym |
$50.67
€45.10
|
$62.51
₩83,435
|
|
| Movie ticket to theater/cinema |
$11.20
€9.97
|
$11.94
₩15,940
|
|
Madrid vs. Busan - Cost of entertainment and sports
pay 15.3% more for clothing
|
Madrid
|
Busan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.50
€76.99
|
$104.50
₩139K
|
|
|
Regular dress
from H&M or similar store
|
$42.98
€38.25
|
$65.31
₩87,171
|
|
|
Running shoes
Nike or Adidas
|
$108.99
€97.00
|
$93.30
₩125K
|
|
| Men's business shoes (leather) |
$112.77
€100.37
|
$126.89
₩169K
|
|
Madrid vs. Busan - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this
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Compare further: Madrid vs. Busan
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