Cost of Living Comparison Between Geoje and Pangyo Cost of Living Comparison Between Geoje and Pangyo

Monthly Cost of Living

A single person spends $1,702 per month in Geoje vs $1,491 in Pangyo, rent included.

A couple spends around $2,622 per month in Geoje vs $2,308 in Pangyo, rent included.

A family of three spends $3,542 per month in Geoje vs $3,125 in Pangyo, rent included.

Geoje costs about 14% more than Pangyo, driven mainly by Sport & Entertainment.

Both Geoje and Pangyo sit above the global median – Geoje by 24%, Pangyo by 9%.

Meal at Budget Restaurant

$7.37 ₩10.2K

$7.22 ₩9,947

2.08%

Three-Course Dinner for Two, Mid-Range

$47.38 ₩65.3K

$34.32 ₩47.3K

38.05%

Fast Food Meal (McDonalds, etc)

$6.56 ₩9,042

$6.55 ₩9,021

0.15%

Cappuccino

$3.68 ₩5,066

$3.69 ₩5,080

-0.27%

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

$1.79 ₩2,470

$1.52 ₩2,089

17.76%

Water (0.33 liter bottle)

$1.08 ₩1,486

$0.67 ₩919

61.19%

Local Beer (0.5 liter draught)

$1.85 ₩2,546

$3.50 ₩4,828

-47.14%

Imported Beer (0.33 liter bottle)

$3.66 ₩5,047

$4.31 ₩5,936

-15.08%

Milk (1 liter)

$2.24 ₩3,084

$2.26 ₩3,113

-0.88%

White Bread (500g)

$2.94 ₩4,049

$3.04 ₩4,187

-3.29%

Rice (white) (1kg)

$3.09 ₩4,264

$2.95 ₩4,068

4.75%

Eggs

$2.64 ₩3,635

$2.71 ₩3,729

-2.58%

Local Cheese (1kg)

$11.11 ₩15.3K

$10.97 ₩15.1K

1.28%

Chicken Fillets (1kg)

$7.15 ₩9,857

$7.88 ₩10.9K

-9.26%

Beef Round Steak (1kg)

$22.19 ₩30.6K

$21.86 ₩30.1K

1.51%

Apples (1kg)

$10.94 ₩15.1K

$7.63 ₩10.5K

43.38%

Banana (1kg)

$3.52 ₩4,846

$3.66 ₩5,038

-3.83%

Oranges (1kg)

$5.76 ₩7,943

$7.40 ₩10.2K

-22.16%

Tomato (1kg)

$6.04 ₩8,331

$5.75 ₩7,922

5.04%

Potato (1kg)

$5.89 ₩8,116

$4.29 ₩5,913

37.30%

Onion (1kg)

$3.23 ₩4,448

$2.66 ₩3,660

21.43%

Lettuce (1 head)

$2.85 ₩3,934

$2.74 ₩3,781

4.01%

Water (1.5 liter bottle)

$1.32 ₩1,824

$1.28 ₩1,765

3.13%

Cigarettes 20 Pack (Marlboro, Camel)

$3.26 ₩4,499

$3.25 ₩4,477

0.31%

Wine (Bottle)

$12.86 ₩17.7K

$18.76 ₩25.9K

-31.45%

Local Beer (0.5 liter bottle)

$1.89 ₩2,606

$2.20 ₩3,027

-14.09%

Imported Beer (0.33 liter bottle)

$3.45 ₩4,761

$3.35 ₩4,619

2.99%

One-way Ticket (Public Transport)

$1.29 ₩1,773

$1.09 ₩1,504

18.35%

Public Transport Monthly Pass (Regular Price)

$48.71 ₩67.1K

Taxi Start (Normal Tariff)

$2.90 ₩3,992

$3.29 ₩4,528

-11.85%

Taxi (Normal Tariff) (1km)

$0.76 ₩1,046

$0.62 ₩854

22.58%

Taxi 1hour Waiting (Normal Tariff)

$16.76 ₩23.1K

$16.70 ₩23.0K

0.36%

Gasoline (1 liter)

$1.39 ₩1,916

$1.39 ₩1,920

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

$29.6K ₩40.8M

$29.7K ₩40.9M

-0.23%

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

$32.9K ₩45.3M

$33.6K ₩46.3M

-2.05%

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

$199 ₩273.7K

$202 ₩278.8K

-1.82%

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

$36.26 ₩50.0K

$36.90 ₩50.9K

-1.73%

Internet (50+ Mbps, Unlimited Data)

$26.54 ₩36.6K

$22.69 ₩31.3K

16.97%

Gym Membership (Monthly)

$129 ₩177.2K

$55.2 ₩76.1K

132.95%

Tennis Court (1 Hour on Weekend)

$11.72 ₩16.2K

Cinema Ticket

$11.84 ₩16.3K

$11.13 ₩15.3K

6.38%

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

$640 ₩882.7K

$580 ₩799.2K

10.44%

International Primary School, 1 Child (Yearly)

$21.7K ₩29.9M

$21.8K ₩30.0M

-0.62%

Jeans (Levis 501 Or Similar)

$104 ₩142.8K

$64.0 ₩88.2K

61.86%

Summer Dress (H&M, Zara, etc)

$65.3 ₩90.0K

$61.9 ₩85.3K

5.47%

Sport Shoes (Adidas, Nike)

$52.5 ₩72.3K

$73.9 ₩101.8K

-29.02%

Men's Leather Business Shoes

$126 ₩174.2K

$99.1 ₩136.6K

27.54%

1-bedroom Apartment, City Center (Monthly)

$655 ₩903.3K

$449 ₩618.7K

46.01%

1-bedroom Apartment, Outside City Center (Monthly)

$566 ₩779.5K

$348 ₩479.0K

62.74%

3-bedroom Apartment, City Center (Monthly)

$1,136 ₩1.6M

$1,149 ₩1.6M

-1.15%

3-bedroom Apartment, Outside City Center (Monthly)

$1,051 ₩1.4M

$741 ₩1.0M

41.84%

Buy Apartment in City Center (m2)

$7,207 ₩9.9M

Buy Apartment Outside City Center (m2)

$5,452 ₩7.5M

Average Monthly Net Salary (After Tax)

$1,721 ₩2.4M

$5,228 ₩7.2M

-67.09%

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 Geoje: September 13, 2026

Last update for Pangyo: September 14, 2026

Cost Breakdown

A central one-bedroom costs $655 in Geoje versus $449 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 run about 204% higher in Pangyo, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $47.00 in Geoje versus $34.00 in Pangyo. Monthly groceries follow the same trend: $433 vs $432 – making Pangyo the more affordable choice for daily food spending.

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

Geoje vs Pangyo: Cost of Living - Frequently Asked Questions

Geoje costs about 14% more than Pangyo, with the gap driven mainly by Sport & Entertainment. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,553 per month in Geoje and $2,237 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Pangyo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,702 in Geoje and $1,491 in Pangyo. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $640 per month in Geoje and $580 in Pangyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Pangyo, where all-in costs run around $1,491, than in Geoje at $1,702. In Pangyo it covers expenses comfortably, while in Geoje it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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