Cost of living comparison

Canada

compared to

South Korea

Busan vs. Toronto Cost of Living Summary

Busan is 23.3% cheaper than Toronto.

Restaurants: pay 43.8% less in Busan
Groceries: pay 60.1% more in Busan
Transportation: pay 11.6% less in Busan
Housing: pay 55.5% less in Busan
Childcare: pay 15.5% less in Busan
Entertainment and Sports: pay 14.4% less in Busan
Clothing: pay 34.8% more in Busan

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

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Busan vs. Toronto Cost Breakdown

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

Display currency: USD

pay 43.8% less for restaurants

	Toronto	Busan
Basic meal with drink at inexpensive restaurant	$17.53 CA$24.82	$7.46 ₩9,962	-57.4%
Fast food combo meal McDonalds, or similar	$10.52 CA$14.89	$6.64 ₩8,867	-36.9%
Bottle of Coca-Cola (11 fl. oz)	$2.08 CA$2.94	$1.82 ₩2,433	-12.2%
Bottle of water (11 fl. oz)	$1.71 CA$2.42	$1.42 ₩1,893	-17.1%
Average			-43.8%

Toronto vs. Busan - Cost of restaurants

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pay 60.1% more for groceries

	Toronto	Busan
Bread 1 loaf	$2.74 CA$3.88	$3.17 ₩4,234	+15.7%
Local cheese (8 oz)	$4.56 CA$6.46	$5.50 ₩7,347	+20.7%
Milk (1 gallon)	$9.44 CA$13.37	$8.67 ₩11,568	-8.2%
Eggs 1 dozen	$3.54 CA$5.01	$2.66 ₩3,556	-24.7%
Boneless chicken breast (1 lb)	$5.16 CA$7.30	$4.74 ₩6,326	-8.1%
Apples (1 lb)	$1.68 CA$2.38	$5.08 ₩6,778	+202.1%
Bananas (1 lb)	$0.54 CA$0.76	$1.65 ₩2,203	+207.2%
Oranges (1 lb)	$1.59 CA$2.25	$3.68 ₩4,906	+131.3%
Tomatoes (1 lb)	$1.95 CA$2.76	$2.69 ₩3,593	+38.1%
Potatoes (1 lb)	$0.82 CA$1.17	$2.71 ₩3,615	+229.0%
Onions (1 lb)	$0.73 CA$1.04	$1.51 ₩2,011	+105.1%
Average			+60.1%

Toronto vs. Busan - Cost of groceries

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pay 11.6% less for transportation

	Toronto	Busan
Gasoline (1 gallon)	$4.68 CA$6.62	$5.24 ₩6,996	+12.1%
Monthly public transit pass	$109.41 CA$154.90	$59.71 ₩79,700	-45.4%
New Volkswagen Golf 1.4 (standard edition)	$27,760.48 CA$39,301.90	$29,385.60 ₩39M	+5.9%
Taxi trip in downtown area (5 miles)	$12.80 CA$18.12	$9.55 ₩12,752	-25.4%
Average			-11.6%

Toronto vs. Busan - Cost of transportation

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pay 55.5% less for housing

	Toronto	Busan
Internet connection 50 mbps or faster, cable/dsl	$47.87 CA$67.77	$27.06 ₩36,114	-43.5%
1-Bedroom apartment in downtown area	$1,584.56 CA$2,243.34	$720.80 ₩962K	-54.5%
1-Bedroom apartment outside city center	$1,416.89 CA$2,005.96	$365.55 ₩488K	-74.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$92.23 CA$130.57	$152.90 ₩204K	+65.8%
Average			-55.5%

Toronto vs. Busan - Cost of housing

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pay 15.5% less for childcare

	Toronto	Busan
Private preschool for 1 child, monthly	$824.14 CA$1,166.78	$634.44 ₩847K	-23.0%
Middle school for 1 child, two semesters	$23,500.21 CA$33,270.42	$21,781.84 ₩29M	-7.3%
Average			-15.5%

Toronto vs. Busan - Cost of childcare

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pay 14.4% less for entertainment and sports

	Toronto	Busan
Domestic/local beer (1 pint)	$6.31 CA$8.94	$3.73 ₩4,981	-40.9%
Cappuccino in mid-range area	$3.97 CA$5.62	$3.68 ₩4,908	-7.4%
Pack of cigarettes Marlboro or similar	$14.03 CA$19.86	$3.36 ₩4,483	-76.1%
Monthly membership at local gym	$38.35 CA$54.29	$62.51 ₩83,435	+63.0%
Movie ticket to theater/cinema	$12.62 CA$17.87	$11.94 ₩15,940	-5.4%
Average			-14.4%

Toronto vs. Busan - Cost of entertainment and sports

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pay 34.8% more for clothing

	Toronto	Busan
Regular jeans Levi's brand	$51.64 CA$73.11	$104.50 ₩139K	+102.3%
Regular dress from H&M or similar store	$39.51 CA$55.94	$65.31 ₩87,171	+65.3%
Running shoes Nike or Adidas	$98.10 CA$138.88	$93.30 ₩125K	-4.9%
Men's business shoes (leather)	$122.24 CA$173.06	$126.89 ₩169K	+3.8%
Average			+34.8%

Toronto vs. Busan - Cost of clothing

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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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