Last update: Oct 2026

Cost of Living Comparison Between Daejeon and Pangyo

For one person, living is cheaper in Daejeon: $1,365 a month against $1,467 in Pangyo, rent and utilities included – about $1,200 less a year. Rent and utilities account for most of the difference.

66

Cost of Living Index in Daejeon
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Daejeon Living Index
71

Cost of Living Index in Pangyo
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Pangyo Living Index

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Daejeon

🇰🇷 South Korea

$1,365

/mo nomad

Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Monthly Cost of Living

How much you'll spend in Daejeon 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 Daejeon and in Pangyo actually costs, broken down by who's living it.

A single person spends $1,365 per month in Daejeon vs $1,467 in Pangyo, rent included.

Daejeon $1,365
Pangyo $1,467

A couple spends around $2,140 per month in Daejeon vs $2,284 in Pangyo, rent included.

Daejeon $2,140
Pangyo $2,284

A family of three spends $2,915 per month in Daejeon vs $3,102 in Pangyo, rent included.

Daejeon $2,915
Pangyo $3,102

Daejeon is about 7% cheaper than Pangyo, and outside of rent the biggest gap is in transport.

Meal at Budget Restaurant

$7.62 ₩10.2K

$7.37 ₩9,827

3.39%

Three-Course Dinner for Two, Mid-Range

$37.50 ₩50.0K

$35.34 ₩47.1K

6.11%

Fast Food Meal (McDonalds, etc)

$5.66 ₩7,554

$6.76 ₩9,020

-16.27%

Cappuccino

$3.75 ₩5,001

$3.75 ₩5,003

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

$1.22 ₩1,624

$1.55 ₩2,062

-21.29%

Water (0.33 liter bottle)

$0.69 ₩920

$0.71 ₩950

-2.82%

Local Beer (0.5 liter draught)

$3.69 ₩4,926

$3.58 ₩4,779

3.07%

Imported Beer (0.33 liter bottle)

$3.82 ₩5,094

$4.58 ₩6,108

-16.59%

Milk (1 liter)

$2.11 ₩2,809

$2.22 ₩2,959

-4.95%

White Bread (500g)

$2.80 ₩3,739

$3.14 ₩4,188

-10.83%

Rice (white) (1kg)

$2.68 ₩3,573

$2.66 ₩3,544

0.75%

Eggs

$2.62 ₩3,491

$2.73 ₩3,642

-4.03%

Local Cheese (1kg)

$11.27 ₩15.0K

$11.04 ₩14.7K

2.08%

Chicken Fillets (1kg)

$8.29 ₩11.1K

$7.74 ₩10.3K

7.11%

Beef Round Steak (1kg)

$20.93 ₩27.9K

$20.46 ₩27.3K

2.30%

Apples (1kg)

$11.19 ₩14.9K

$7.46 ₩9,945

50.00%

Banana (1kg)

$5.54 ₩7,393

$3.31 ₩4,414

67.37%

Oranges (1kg)

$5.82 ₩7,761

$6.59 ₩8,788

-11.68%

Tomato (1kg)

$6.06 ₩8,079

$5.98 ₩7,978

1.34%

Potato (1kg)

$5.21 ₩6,947

$3.60 ₩4,801

44.72%

Onion (1kg)

$2.87 ₩3,826

$2.62 ₩3,495

9.54%

Lettuce (1 head)

$1.72 ₩2,296

$2.73 ₩3,643

-37.00%

Water (1.5 liter bottle)

$1.09 ₩1,449

$1.34 ₩1,784

-18.66%

Cigarettes 20 Pack (Marlboro, Camel)

$3.50 ₩4,668

$3.29 ₩4,381

6.38%

Wine (Bottle)

$18.83 ₩25.1K

$18.41 ₩24.6K

2.28%

Local Beer (0.5 liter bottle)

$2.66 ₩3,548

$2.23 ₩2,972

19.28%

Imported Beer (0.33 liter bottle)

$3.45 ₩4,601

$3.41 ₩4,553

1.17%

One-way Ticket (Public Transport)

$1.15 ₩1,529

$1.12 ₩1,492

2.68%

Public Transport Monthly Pass (Regular Price)

$11.53 ₩15.4K

$49.28 ₩65.7K

-76.60%

Taxi Start (Normal Tariff)

$3.29 ₩4,382

$3.52 ₩4,693

-6.53%

Taxi (Normal Tariff) (1km)

$0.73 ₩975

$0.67 ₩890

8.96%

Taxi 1hour Waiting (Normal Tariff)

$16.77 ₩22.4K

$9.26 ₩12.3K

81.10%

Gasoline (1 liter)

$1.24 ₩1,649

$1.35 ₩1,795

-8.15%

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

$29.0K ₩38.7M

$29.4K ₩39.2M

-1.36%

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

$23.4K ₩31.2M

$33.9K ₩45.2M

-30.98%

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

$173 ₩230.6K

$209 ₩278.4K

-17.14%

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

$43.00 ₩57.3K

$36.82 ₩49.1K

16.78%

Internet (50+ Mbps, Unlimited Data)

$22.62 ₩30.2K

$21.24 ₩28.3K

6.50%

Gym Membership (Monthly)

$33.83 ₩45.1K

$55.4 ₩73.9K

-38.94%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.5K

Cinema Ticket

$11.39 ₩15.2K

$11.11 ₩14.8K

2.52%

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

$302 ₩402.7K

$381 ₩507.6K

-20.66%

International Primary School, 1 Child (Yearly)

$21.9K ₩29.2M

$21.5K ₩28.7M

1.51%

Jeans (Levis 501 Or Similar)

$65.3 ₩87.1K

$62.1 ₩82.8K

5.18%

Summer Dress (H&M, Zara, etc)

$40.89 ₩54.5K

$61.4 ₩81.8K

-33.37%

Sport Shoes (Adidas, Nike)

$93.9 ₩125.2K

$74.7 ₩99.6K

25.70%

Men's Leather Business Shoes

$107 ₩142.6K

$99.8 ₩133.0K

7.16%

1-bedroom Apartment, City Center (Monthly)

$371 ₩495.3K

$493 ₩657.9K

-24.72%

1-bedroom Apartment, Outside City Center (Monthly)

$301 ₩401.8K

$348 ₩464.3K

-13.45%

3-bedroom Apartment, City Center (Monthly)

$1,041 ₩1.4M

$1,157 ₩1.5M

-10.05%

3-bedroom Apartment, Outside City Center (Monthly)

$612 ₩815.6K

$742 ₩989.6K

-17.58%

Buy Apartment in City Center (m2)

$5,603 ₩7.5M

$7,115 ₩9.5M

-21.25%

Buy Apartment Outside City Center (m2)

$4,492 ₩6.0M

$5,495 ₩7.3M

-18.25%

Average Monthly Net Salary (After Tax)

$2,366 ₩3.2M

$5,227 ₩7.0M

-54.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.65

4.1

-10.98%

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

Last update for Daejeon: October 25, 2026

Last update for Pangyo: October 24, 2026

Monthly budget structure

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

Groceries & Markets

Daejeon

$450 33%

Pangyo

$420 28.6% 6.8% $31

Accommodation & Living

Daejeon

$301 22.1%

Pangyo

$348 23.7% 15.5% $47

Monthly Utilities & Internet

Daejeon

$239 17.5%

Pangyo

$267 18.2% 11.8% $28

Eating Out

Daejeon

$157 11.5%

Pangyo

$160 10.9% 2.3% $3.7

Clothing & Footwear

Daejeon

$138 10.1%

Pangyo

$134 9.1% 3% $4.1

Sport & Entertainment

Daejeon

$57 4.2%

Pangyo

$78 5.3% 37.1% $21

Getting Around

Daejeon

$23 1.7%

Pangyo

$61 4.1% 163% $38

Cost Breakdown

A central one-bedroom costs $371 in Daejeon versus $493 in Pangyo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Pangyo are about 2.2 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37 in Daejeon versus $35 in Pangyo. Monthly groceries follow the same trend: $450 vs $420 – making Pangyo the more affordable choice for daily food spending.

Good to know

🇰🇷 Daejeon

🇰🇷 Pangyo

🕒 Local time

10:43 10:43 AM

Same time as Daejeon

🌤 Weather

👥 Population

1,537,324

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.5 USD

10,000 KRW = 6.72 EUR

10,000 KRW = 7.5 USD

10,000 KRW = 6.72 EUR

Exchange rates and currency converter

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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

Daejeon vs Pangyo: Cost of Living - Frequently Asked Questions

Pangyo costs about 8% more than Daejeon, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,047 per month in Daejeon and $2,201 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Daejeon, especially for central apartments: a one-bedroom in the center costs $371 there versus $493 in Pangyo.

Monthly expenses with rent come to $1,365 in Daejeon and $1,467 in Pangyo. That makes Daejeon about 7% cheaper.

Public transport costs about 77% less in Daejeon. For daily commuters, that gap adds up to noticeable savings over a year.

$1,000 is a stretch for both – monthly costs hit $1,365 in Daejeon and $1,467 in Pangyo. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Daejeon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Daejeon. If higher salaries or specific career opportunities are the priority, Pangyo makes more sense. Both are solid long-term options with distinct trade-offs.