Busan vs Durban
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Busan vs Durban
Durban is 63% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 4.8x in Durban.
| Metric | Busan | Durban |
|---|---|---|
| Avg Home Price | $320,000 | $120,000 |
| Price / sqm | $6,500 | $1,500 |
| Rent (1BR) | $550/mo | $550/mo |
| Rent (3BR) | $1,000/mo | $900/mo |
| Price-to-Income | 9.5x | 4.8x |
| Mortgage Rate | 3.8% | 11.5% |
| 1yr Change | +0.8% | +3.2% |
| Median Income | $34,000/yr | $25,000/yr |
| Population | 3,400,000 | 3,700,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Busan or Durban more expensive?
Durban is more affordable. Home prices differ by $200,000 (63%).
Which city has cheaper rent, Busan or Durban?
Rent for a 1BR in Busan is $550/mo vs $550/mo in Durban.
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