Last update: Oct 2026

Cost of Living Comparison Between Changwon and Pangyo

For one person, living is cheaper in Pangyo: $1,467 a month against $1,529 in Changwon, rent and utilities included – about $740 less a year. The total is higher in Changwon despite lower rent and utilities.

73

Cost of Living Index in Changwon
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Changwon Living Index
71

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

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Changwon

🇰🇷 South Korea

$1,529

/mo nomad

Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Monthly Cost of Living

How much you'll spend in Changwon and in Pangyo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Changwon and in Pangyo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,529 in Changwon versus $1,467 in Pangyo.

Changwon $1,529
Pangyo $1,467

Estimated couple costs with rent: $2,381 in Changwon versus $2,284 in Pangyo.

Changwon $2,381
Pangyo $2,284

Monthly costs for a family of three with rent: $3,233 in Changwon versus $3,102 in Pangyo.

Changwon $3,233
Pangyo $3,102

Living in Changwon is roughly 4% more expensive than in Pangyo, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Changwon 12% above, Pangyo 8% above.

Meal at Budget Restaurant

$7.34 ₩9,806

$7.37 ₩9,838

-0.41%

Three-Course Dinner for Two, Mid-Range

$27.81 ₩37.1K

$35.34 ₩47.2K

-21.31%

Fast Food Meal (McDonalds, etc)

$5.34 ₩7,126

$6.76 ₩9,031

-21.01%

Cappuccino

$3.78 ₩5,050

$3.75 ₩5,008

0.80%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.87 ₩2,499

$1.55 ₩2,064

20.65%

Water (0.33 liter bottle)

$1.01 ₩1,351

$0.71 ₩951

42.25%

Local Beer (0.5 liter draught)

$3.02 ₩4,027

$3.58 ₩4,785

-15.64%

Imported Beer (0.33 liter bottle)

$4.37 ₩5,836

$4.58 ₩6,115

-4.59%

Milk (1 liter)

$2.35 ₩3,143

$2.22 ₩2,963

5.86%

White Bread (500g)

$3.24 ₩4,332

$3.14 ₩4,193

3.18%

Rice (white) (1kg)

$3.20 ₩4,278

$2.66 ₩3,548

20.30%

Eggs

$2.63 ₩3,517

$2.73 ₩3,647

-3.66%

Local Cheese (1kg)

$11.08 ₩14.8K

$11.04 ₩14.7K

0.36%

Chicken Fillets (1kg)

$10.52 ₩14.1K

$7.74 ₩10.3K

35.92%

Beef Round Steak (1kg)

$25.38 ₩33.9K

$20.46 ₩27.3K

24.05%

Apples (1kg)

$11.39 ₩15.2K

$7.46 ₩9,956

52.68%

Banana (1kg)

$3.73 ₩4,980

$3.31 ₩4,420

12.69%

Oranges (1kg)

$7.96 ₩10.6K

$6.59 ₩8,798

20.79%

Tomato (1kg)

$5.86 ₩7,829

$5.98 ₩7,988

-2.01%

Potato (1kg)

$5.95 ₩7,945

$3.60 ₩4,806

65.28%

Onion (1kg)

$3.38 ₩4,509

$2.62 ₩3,499

29.01%

Lettuce (1 head)

$2.85 ₩3,809

$2.73 ₩3,647

4.40%

Water (1.5 liter bottle)

$1.32 ₩1,768

$1.34 ₩1,786

-1.49%

Cigarettes 20 Pack (Marlboro, Camel)

$3.37 ₩4,494

$3.29 ₩4,386

2.43%

Wine (Bottle)

$18.88 ₩25.2K

$18.41 ₩24.6K

2.55%

Local Beer (0.5 liter bottle)

$2.47 ₩3,298

$2.23 ₩2,976

10.76%

Imported Beer (0.33 liter bottle)

$3.38 ₩4,513

$3.41 ₩4,558

-0.88%

One-way Ticket (Public Transport)

$1.16 ₩1,549

$1.12 ₩1,493

3.57%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.8K

Taxi Start (Normal Tariff)

$2.98 ₩3,985

$3.52 ₩4,699

-15.34%

Taxi (Normal Tariff) (1km)

$0.78 ₩1,046

$0.67 ₩891

16.42%

Taxi 1hour Waiting (Normal Tariff)

$16.79 ₩22.4K

$9.26 ₩12.4K

81.32%

Gasoline (1 liter)

$1.36 ₩1,819

$1.35 ₩1,797

0.74%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$39.0K ₩52.1M

$29.4K ₩39.2M

32.79%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.9K ₩45.3M

0.10%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$200 ₩266.8K

$209 ₩278.7K

-4.27%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$36.15 ₩48.3K

$36.82 ₩49.2K

-1.82%

Internet (50+ Mbps, Unlimited Data)

$27.46 ₩36.7K

$21.24 ₩28.4K

29.28%

Gym Membership (Monthly)

$53.3 ₩71.2K

$55.4 ₩74.0K

-3.72%

Tennis Court (1 Hour on Weekend)

$14.13 ₩18.9K

$13.90 ₩18.6K

1.65%

Cinema Ticket

$11.29 ₩15.1K

$11.11 ₩14.8K

1.62%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$646 ₩862.1K

$381 ₩508.2K

69.66%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.7M

$21.5K ₩28.8M

-0.35%

Jeans (Levis 501 Or Similar)

$104 ₩139.5K

$62.1 ₩82.9K

68.19%

Summer Dress (H&M, Zara, etc)

$65.5 ₩87.5K

$61.4 ₩81.9K

6.76%

Sport Shoes (Adidas, Nike)

$92.3 ₩123.3K

$74.7 ₩99.7K

23.65%

Men's Leather Business Shoes

$129 ₩171.6K

$99.8 ₩133.2K

28.84%

1-bedroom Apartment, City Center (Monthly)

$484 ₩646.1K

$493 ₩658.6K

-1.90%

1-bedroom Apartment, Outside City Center (Monthly)

$356 ₩475.3K

$348 ₩464.8K

2.25%

3-bedroom Apartment, City Center (Monthly)

$1,160 ₩1.5M

$1,157 ₩1.5M

0.22%

3-bedroom Apartment, Outside City Center (Monthly)

$756 ₩1.0M

$742 ₩990.8K

1.83%

Buy Apartment in City Center (m2)

$7,009 ₩9.4M

$7,115 ₩9.5M

-1.50%

Buy Apartment Outside City Center (m2)

$5,457 ₩7.3M

$5,495 ₩7.3M

-0.68%

Average Monthly Net Salary (After Tax)

$1,713 ₩2.3M

$5,227 ₩7.0M

-67.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

4.1

2.93%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Changwon: October 26, 2026

Last update for Pangyo: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Changwon

$491 32.1%

Pangyo

$420 28.6% 14.5% $71

Accommodation & Living

Changwon

$356 23.3%

Pangyo

$348 23.7% 2.2% $7.8

Monthly Utilities & Internet

Changwon

$263 17.2%

Pangyo

$267 18.2% 1.3% $3.4

Clothing & Footwear

Changwon

$176 11.5%

Pangyo

$134 9.1% 23.8% $42

Eating Out

Changwon

$156 10.2%

Pangyo

$160 10.9% 3.1% $4.9

Sport & Entertainment

Changwon

$76 5%

Pangyo

$78 5.3% 2.3% $1.7

Getting Around

Changwon

$12 * 0.8%

Pangyo

$61 4.1% 425% $49

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $484 in Changwon and $493 in Pangyo. Housing cost is often the main lever when comparing two cities.

Pangyo pays about 3.1 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $28 in Changwon vs $35 in Pangyo. Groceries flip the comparison at $491 vs $420, with Pangyo cheaper for home cooking.

Good to know

🇰🇷 Changwon

🇰🇷 Pangyo

🕒 Local time

10:40 10:40 AM

Same time as Changwon

🌤 Weather

👥 Population

1,055,839

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

Exchange rates and currency converter

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Changwon Pangyo 280 km

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Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Changwon vs Pangyo: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,529 in Changwon and $1,467 in Pangyo, so Pangyo is about 4% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 67% lower in Changwon. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $484 in Changwon versus $493 in Pangyo. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 17% higher in Changwon. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $1,529 per month in Changwon versus $1,467 in Pangyo – Pangyo is about 4% cheaper, which adds up to real savings over time.

Safety-wise, Changwon and Pangyo are both considered safe, so it’s unlikely to be the deciding factor between them.