HomePricePeek

Austin vs Busan

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Austin vs Busan

Busan is 29% more affordable for homebuyers. Austin has a price-to-income ratio of 6.2x compared to 9.5x in Busan.

MetricAustinBusan
Avg Home Price$450,000$320,000
Price / sqm$4,800$6,500
Rent (1BR)$1,700/mo$550/mo
Rent (3BR)$2,600/mo$1,000/mo
Price-to-Income6.2x9.5x
Mortgage Rate6.8%3.8%
1yr Change-2.5%+0.8%
Median Income$73,000/yr$34,000/yr
Population1,000,0003,400,000
AustinView full details โ†’BusanView 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 Austin or Busan more expensive?
Busan is more affordable. Home prices differ by $130,000 (29%).
Which city has cheaper rent, Austin or Busan?
Rent for a 1BR in Austin is $1,700/mo vs $550/mo in Busan.

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