HomePricePeek

Busan vs London

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Busan vs London

Busan is 53% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 12.5x in London.

MetricBusanLondon
Avg Home Price$320,000$680,000
Price / sqm$6,500$15,000
Rent (1BR)$550/mo$2,800/mo
Rent (3BR)$1,000/mo$4,500/mo
Price-to-Income9.5x12.5x
Mortgage Rate3.8%4.5%
1yr Change+0.8%+1.2%
Median Income$34,000/yr$54,000/yr
Population3,400,0009,000,000
BusanView full details โ†’LondonView full details โ†’
๐Ÿ“Š
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.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Busan or London more expensive?
Busan is more affordable. Home prices differ by $360,000 (53%).
Which city has cheaper rent, Busan or London?
Rent for a 1BR in Busan is $550/mo vs $2,800/mo in London.

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