HomePricePeek

Busan vs Vancouver

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Busan vs Vancouver

Busan is 61% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 13.5x in Vancouver.

MetricBusanVancouver
Avg Home Price$320,000$820,000
Price / sqm$6,500$10,500
Rent (1BR)$550/mo$2,400/mo
Rent (3BR)$1,000/mo$3,800/mo
Price-to-Income9.5x13.5x
Mortgage Rate3.8%5.2%
1yr Change+0.8%-0.8%
Median Income$34,000/yr$61,000/yr
Population3,400,000680,000
BusanView full details โ†’VancouverView 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 Vancouver more expensive?
Busan is more affordable. Home prices differ by $500,000 (61%).
Which city has cheaper rent, Busan or Vancouver?
Rent for a 1BR in Busan is $550/mo vs $2,400/mo in Vancouver.

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