HomePricePeek

Busan vs Minneapolis

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Busan vs Minneapolis

Minneapolis is 0% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 4.5x in Minneapolis.

MetricBusanMinneapolis
Avg Home Price$320,000$320,000
Price / sqm$6,500$3,500
Rent (1BR)$550/mo$1,400/mo
Rent (3BR)$1,000/mo$2,100/mo
Price-to-Income9.5x4.5x
Mortgage Rate3.8%6.8%
1yr Change+0.8%+2.8%
Median Income$34,000/yr$71,000/yr
Population3,400,000430,000
BusanView full details โ†’MinneapolisView full details โ†’
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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.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Busan or Minneapolis more expensive?
Minneapolis is more affordable. Home prices differ by $0 (0%).
Which city has cheaper rent, Busan or Minneapolis?
Rent for a 1BR in Busan is $550/mo vs $1,400/mo in Minneapolis.

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