Busan vs Lima
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Busan vs Lima
Lima is 59% more affordable for homebuyers. Busan has a price-to-income ratio of 9.5x compared to 9.8x in Lima.
| Metric | Busan | Lima |
|---|---|---|
| Avg Home Price | $320,000 | $130,000 |
| Price / sqm | $6,500 | $2,200 |
| Rent (1BR) | $550/mo | $500/mo |
| Rent (3BR) | $1,000/mo | $900/mo |
| Price-to-Income | 9.5x | 9.8x |
| Mortgage Rate | 3.8% | 7.5% |
| 1yr Change | +0.8% | +2.8% |
| Median Income | $34,000/yr | $13,000/yr |
| Population | 3,400,000 | 10,000,000 |
📊
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.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Busan or Lima more expensive?
Lima is more affordable. Home prices differ by $190,000 (59%).
Which city has cheaper rent, Busan or Lima?
Rent for a 1BR in Busan is $550/mo vs $500/mo in Lima.
Explore the DataPeek Network