Last update: Nov 2026

Cost of Living Comparison Between Gimcheon and Pangyo

For one person, living is cheaper in Gimcheon: $1,412 a month against $1,458 in Pangyo, rent and utilities included – about $550 less a year. The total is higher in Pangyo despite lower rent and utilities.

67

Cost of Living Index in Gimcheon
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Gimcheon Living Index
71

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

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Gimcheon

🇰🇷 South Korea

$1,412

/mo nomad

Pangyo

🇰🇷 South Korea

$1,458

/mo nomad

Monthly Cost of Living

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

A single person spends $1,412 per month in Gimcheon vs $1,458 in Pangyo, rent included.

Gimcheon $1,412
Pangyo $1,458

A couple spends around $2,305 per month in Gimcheon vs $2,354 in Pangyo, rent included.

Gimcheon $2,305
Pangyo $2,354

A family of three spends $3,198 per month in Gimcheon vs $3,249 in Pangyo, rent included.

Gimcheon $3,198
Pangyo $3,249

Gimcheon is about 3% cheaper than Pangyo, and outside of rent the biggest gap is in transport.

Both Gimcheon and Pangyo sit above the global median – Gimcheon by 4%, Pangyo by 8%.

Meal at Budget Restaurant

$5.83 ₩7,839

$6.35 ₩8,529

-8.19%

Three-Course Dinner for Two, Mid-Range

$34.57 ₩46.5K

$36.79 ₩49.4K

-6.03%

Fast Food Meal (McDonalds, etc)

$6.87 ₩9,225

$7.47 ₩10.0K

-8.03%

Cappuccino

$3.61 ₩4,855

$3.12 ₩4,189

15.71%

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

$1.60 ₩2,148

$1.70 ₩2,282

-5.88%

Water (0.33 liter bottle)

$0.62 ₩830

$0.78 ₩1,051

-20.51%

Local Beer (0.5 liter draught)

$3.42 ₩4,589

$3.25 ₩4,367

5.23%

Imported Beer (0.33 liter bottle)

$4.50 ₩6,050

$3.89 ₩5,228

15.68%

Milk (1 liter)

$2.18 ₩2,934

$2.16 ₩2,904

0.93%

White Bread (500g)

$3.18 ₩4,277

$3.10 ₩4,168

2.58%

Rice (white) (1kg)

$2.67 ₩3,584

$2.64 ₩3,541

1.14%

Eggs

$3.18 ₩4,277

$2.73 ₩3,665

16.48%

Local Cheese (1kg)

$15.50 ₩20.8K

$11.26 ₩15.1K

37.66%

Chicken Fillets (1kg)

$10.43 ₩14.0K

$10.21 ₩13.7K

2.15%

Beef Round Steak (1kg)

$11.37 ₩15.3K

$21.25 ₩28.6K

-46.49%

Apples (1kg)

$6.92 ₩9,294

$7.48 ₩10.1K

-7.49%

Banana (1kg)

$2.50 ₩3,359

$3.12 ₩4,193

-19.87%

Oranges (1kg)

$4.54 ₩6,096

$5.52 ₩7,417

-17.75%

Tomato (1kg)

$6.76 ₩9,085

$6.08 ₩8,165

11.18%

Potato (1kg)

$3.39 ₩4,551

$3.67 ₩4,933

-7.63%

Onion (1kg)

$2.58 ₩3,473

$2.58 ₩3,462

Lettuce (1 head)

$2.09 ₩2,808

$2.84 ₩3,819

-26.41%

Water (1.5 liter bottle)

$1.27 ₩1,711

$1.27 ₩1,713

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 ₩4,620

$3.37 ₩4,526

2.08%

Wine (Bottle)

$13.44 ₩18.1K

$13.40 ₩18.0K

0.30%

Local Beer (0.5 liter bottle)

$2.23 ₩3,002

$2.28 ₩3,062

-2.19%

Imported Beer (0.33 liter bottle)

$4.03 ₩5,417

$3.50 ₩4,698

15.14%

One-way Ticket (Public Transport)

$1.12 ₩1,508

$1.10 ₩1,475

1.82%

Public Transport Monthly Pass (Regular Price)

$47.96 ₩64.4K

Taxi Start (Normal Tariff)

$2.89 ₩3,884

$3.62 ₩4,868

-20.17%

Taxi (Normal Tariff) (1km)

$0.61 ₩821

$0.66 ₩886

-7.58%

Taxi 1hour Waiting (Normal Tariff)

$8.22 ₩11.0K

$8.90 ₩12.0K

-7.64%

Gasoline (1 liter)

$1.08 ₩1,452

$1.41 ₩1,893

-23.40%

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

$29.8K ₩40.1M

$28.2K ₩37.9M

5.69%

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

$36.0K ₩48.4M

$34.5K ₩46.4M

4.33%

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

$212 ₩285.4K

$201 ₩270.5K

5.48%

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

$42.61 ₩57.3K

$35.81 ₩48.1K

18.99%

Internet (50+ Mbps, Unlimited Data)

$20.97 ₩28.2K

$21.13 ₩28.4K

-0.76%

Gym Membership (Monthly)

$51.1 ₩68.6K

$52.3 ₩70.3K

-2.39%

Tennis Court (1 Hour on Weekend)

$15.58 ₩20.9K

$13.94 ₩18.7K

11.76%

Cinema Ticket

$10.99 ₩14.8K

$10.96 ₩14.7K

0.27%

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

$305 ₩409.9K

$446 ₩599.1K

-31.58%

International Primary School, 1 Child (Yearly)

$17.6K ₩23.6M

$21.6K ₩29.0M

-18.57%

Jeans (Levis 501 Or Similar)

$66.3 ₩89.1K

$60.5 ₩81.3K

9.61%

Summer Dress (H&M, Zara, etc)

$63.1 ₩84.8K

$57.6 ₩77.4K

9.49%

Sport Shoes (Adidas, Nike)

$73.5 ₩98.8K

$73.1 ₩98.2K

0.66%

Men's Leather Business Shoes

$99.5 ₩133.6K

$98.1 ₩131.9K

1.35%

1-bedroom Apartment, City Center (Monthly)

$491 ₩660.4K

$491 ₩659.4K

0.15%

1-bedroom Apartment, Outside City Center (Monthly)

$375 ₩503.3K

$372 ₩500.4K

0.57%

3-bedroom Apartment, City Center (Monthly)

$1,323 ₩1.8M

$1,240 ₩1.7M

6.66%

3-bedroom Apartment, Outside City Center (Monthly)

$1,018 ₩1.4M

$936 ₩1.3M

8.70%

Buy Apartment in City Center (m2)

$7,220 ₩9.7M

$6,805 ₩9.1M

6.09%

Buy Apartment Outside City Center (m2)

$4,886 ₩6.6M

$5,450 ₩7.3M

-10.36%

Average Monthly Net Salary (After Tax)

$1,875 ₩2.5M

$5,113 ₩6.9M

-63.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

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

Last update for Gimcheon: November 1, 2026

Last update for Pangyo: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Gimcheon

$396 28.1%

Pangyo

$419 28.8% 5.8% $23

Accommodation & Living

Gimcheon

$375 26.5%

Pangyo

$372 25.5% 0.6% $2.1

Monthly Utilities & Internet

Gimcheon

$276 19.5%

Pangyo

$258 17.7% 6.4% $18

Eating Out

Gimcheon

$146 10.3%

Pangyo

$145 9.9% 0.7% $1

Clothing & Footwear

Gimcheon

$136 9.6%

Pangyo

$130 8.9% 4.3% $5.9

Sport & Entertainment

Gimcheon

$73 5.2%

Pangyo

$74 5.1% 1.6% $1.2

Getting Around

Gimcheon

$10 * 0.7%

Pangyo

$59 4.1% 468% $49

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

Cost Breakdown

A central one-bedroom costs $491 in Gimcheon versus $491 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 2.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35 in Gimcheon versus $37 in Pangyo. Monthly groceries follow the same trend: $396 vs $419 – making Gimcheon the more affordable choice for daily food spending.

Good to know

🇰🇷 Gimcheon

🇰🇷 Pangyo

🕒 Local time

10:07 10:07 AM

Same time as Gimcheon

🌤 Weather

👥 Population

143,056

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.44 USD

10,000 KRW = 6.63 EUR

10,000 KRW = 7.44 USD

10,000 KRW = 6.63 EUR

Exchange rates and currency converter

On the map

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Gimcheon Pangyo 170 km

From you

Gimcheon
Pangyo

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

Gimcheon vs Pangyo: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 3%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,118 per month in Gimcheon and $2,187 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $491 in Gimcheon and $491 in Pangyo. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,412 in Gimcheon and $1,458 in Pangyo. That makes Gimcheon about 3% cheaper.

Kindergarten costs $305 per month in Gimcheon and $446 in Pangyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

It depends on your priorities. Gimcheon has an edge in some lifestyle areas, with costs from $1,412 in Gimcheon to $1,458 in Pangyo. Climate, culture, job market, and personal taste all factor in.

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