Last update: Oct 2026

Cost of Living Comparison Between Geoje and Pangyo

For one person, living is cheaper in Pangyo: $1,467 a month against $1,762 in Geoje, rent and utilities included – about $3,500 less a year. Rent and utilities account for most of the difference.

84

Cost of Living Index in Geoje
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Geoje Living Index
71

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

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Geoje

🇰🇷 South Korea

$1,762

/mo nomad

Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Monthly Cost of Living

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

A single person spends $1,762 per month in Geoje vs $1,467 in Pangyo, rent included.

Geoje $1,762
Pangyo $1,467

A couple spends around $2,693 per month in Geoje vs $2,284 in Pangyo, rent included.

Geoje $2,693
Pangyo $2,284

A family of three spends $3,624 per month in Geoje vs $3,102 in Pangyo, rent included.

Geoje $3,624
Pangyo $3,102

Geoje costs about 20% more than Pangyo, and outside of rent the biggest gap is in leisure.

Both Geoje and Pangyo sit above the global median – Geoje by 29%, Pangyo by 8%.

Meal at Budget Restaurant

$7.34 ₩9,802

$7.37 ₩9,838

-0.41%

Three-Course Dinner for Two, Mid-Range

$49.85 ₩66.5K

$35.34 ₩47.2K

41.06%

Fast Food Meal (McDonalds, etc)

$6.67 ₩8,911

$6.76 ₩9,031

-1.33%

Cappuccino

$3.78 ₩5,051

$3.75 ₩5,008

0.80%

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

$1.86 ₩2,488

$1.55 ₩2,064

20.00%

Water (0.33 liter bottle)

$1.16 ₩1,547

$0.71 ₩951

63.38%

Local Beer (0.5 liter draught)

$1.87 ₩2,498

$3.58 ₩4,785

-47.77%

Imported Beer (0.33 liter bottle)

$3.83 ₩5,115

$4.58 ₩6,115

-16.38%

Milk (1 liter)

$2.36 ₩3,153

$2.22 ₩2,963

6.31%

White Bread (500g)

$2.90 ₩3,870

$3.14 ₩4,193

-7.64%

Rice (white) (1kg)

$3.19 ₩4,261

$2.66 ₩3,548

19.92%

Eggs

$2.73 ₩3,639

$2.73 ₩3,647

Local Cheese (1kg)

$10.95 ₩14.6K

$11.04 ₩14.7K

-0.82%

Chicken Fillets (1kg)

$7.29 ₩9,735

$7.74 ₩10.3K

-5.81%

Beef Round Steak (1kg)

$22.86 ₩30.5K

$20.46 ₩27.3K

11.73%

Apples (1kg)

$11.13 ₩14.9K

$7.46 ₩9,956

49.20%

Banana (1kg)

$3.76 ₩5,017

$3.31 ₩4,420

13.60%

Oranges (1kg)

$6.08 ₩8,119

$6.59 ₩8,798

-7.74%

Tomato (1kg)

$5.90 ₩7,876

$5.98 ₩7,988

-1.34%

Potato (1kg)

$5.88 ₩7,844

$3.60 ₩4,806

63.33%

Onion (1kg)

$3.27 ₩4,363

$2.62 ₩3,499

24.81%

Lettuce (1 head)

$2.85 ₩3,799

$2.73 ₩3,647

4.40%

Water (1.5 liter bottle)

$1.29 ₩1,727

$1.34 ₩1,786

-3.73%

Cigarettes 20 Pack (Marlboro, Camel)

$3.32 ₩4,436

$3.29 ₩4,386

0.91%

Wine (Bottle)

$13.40 ₩17.9K

$18.41 ₩24.6K

-27.21%

Local Beer (0.5 liter bottle)

$1.86 ₩2,484

$2.23 ₩2,976

-16.59%

Imported Beer (0.33 liter bottle)

$3.58 ₩4,785

$3.41 ₩4,558

4.99%

One-way Ticket (Public Transport)

$1.25 ₩1,671

$1.12 ₩1,493

11.61%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.8K

Taxi Start (Normal Tariff)

$2.95 ₩3,941

$3.52 ₩4,699

-16.19%

Taxi (Normal Tariff) (1km)

$0.78 ₩1,037

$0.67 ₩891

16.42%

Taxi 1hour Waiting (Normal Tariff)

$16.68 ₩22.3K

$9.26 ₩12.4K

80.13%

Gasoline (1 liter)

$1.36 ₩1,818

$1.35 ₩1,797

0.74%

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

$39.6K ₩52.9M

$29.4K ₩39.2M

34.77%

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

$34.6K ₩46.2M

$33.9K ₩45.3M

2.20%

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

$203 ₩271.2K

$209 ₩278.7K

-2.68%

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

$36.39 ₩48.6K

$36.82 ₩49.2K

-1.17%

Internet (50+ Mbps, Unlimited Data)

$27.47 ₩36.7K

$21.24 ₩28.4K

29.33%

Gym Membership (Monthly)

$132 ₩176.3K

$55.4 ₩74.0K

138.43%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.6K

Cinema Ticket

$12.17 ₩16.3K

$11.11 ₩14.8K

9.54%

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

$633 ₩845.4K

$381 ₩508.2K

66.36%

International Primary School, 1 Child (Yearly)

$22.3K ₩29.8M

$21.5K ₩28.8M

3.50%

Jeans (Levis 501 Or Similar)

$104 ₩139.3K

$62.1 ₩82.9K

67.95%

Summer Dress (H&M, Zara, etc)

$65.7 ₩87.7K

$61.4 ₩81.9K

7.09%

Sport Shoes (Adidas, Nike)

$52.5 ₩70.1K

$74.7 ₩99.7K

-29.69%

Men's Leather Business Shoes

$127 ₩169.9K

$99.8 ₩133.2K

27.57%

1-bedroom Apartment, City Center (Monthly)

$671 ₩896.0K

$493 ₩658.6K

36.04%

1-bedroom Apartment, Outside City Center (Monthly)

$576 ₩768.8K

$348 ₩464.8K

65.40%

3-bedroom Apartment, City Center (Monthly)

$1,184 ₩1.6M

$1,157 ₩1.5M

2.27%

3-bedroom Apartment, Outside City Center (Monthly)

$1,038 ₩1.4M

$742 ₩990.8K

39.93%

Buy Apartment in City Center (m2)

$7,115 ₩9.5M

Buy Apartment Outside City Center (m2)

$5,495 ₩7.3M

Average Monthly Net Salary (After Tax)

$1,770 ₩2.4M

$5,227 ₩7.0M

-66.13%

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: October 26, 2026

Last update for Pangyo: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Geoje

$576 32.7%

Pangyo

$348 23.7% 39.5% $228

Groceries & Markets

Geoje

$441 25%

Pangyo

$420 28.6% 4.8% $21

Monthly Utilities & Internet

Geoje

$267 15.2%

Pangyo

$267 18.2% 0.1% $0.2

Clothing & Footwear

Geoje

$157 8.9%

Pangyo

$134 9.1% 14.8% $23

Sport & Entertainment

Geoje

$156 8.9%

Pangyo

$78 5.3% 50.4% $79

Eating Out

Geoje

$153 8.7%

Pangyo

$160 10.9% 4.6% $7.1

Getting Around

Geoje

$12 * 0.7%

Pangyo

$61 4.1% 412% $49

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

Cost Breakdown

A central one-bedroom costs $671 in Geoje 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 3 times higher, 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 $50 in Geoje versus $35 in Pangyo. Monthly groceries follow the same trend: $441 vs $420 – making Pangyo the more affordable choice for daily food spending.

Good to know

🇰🇷 Geoje

🇰🇷 Pangyo

🕒 Local time

05:17 5:17 AM

Same time as Geoje

🌤 Weather

👥 Population

254,073

💱 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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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

Geoje vs Pangyo: Cost of Living - Frequently Asked Questions

Geoje costs about 20% more than Pangyo, and outside of rent the gap comes mainly from leisure. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,643 per month in Geoje 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 Pangyo, especially for central apartments: a one-bedroom in the center costs $493 there versus $671 in Geoje.

Monthly expenses with rent come to $1,762 in Geoje and $1,467 in Pangyo. That makes Pangyo about 17% cheaper.

Kindergarten costs $633 per month in Geoje and $381 in Pangyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

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