Cost of Living Comparison Between Gimhae and Pangyo Cost of Living Comparison Between Gimhae and Pangyo

Monthly Cost of Living

Monthly costs for one person with rent: $1,553 in Gimhae versus $1,491 in Pangyo.

Estimated couple costs with rent: $2,449 in Gimhae versus $2,308 in Pangyo.

Monthly costs for a family of three with rent: $3,345 in Gimhae versus $3,125 in Pangyo.

Living in Gimhae is roughly 4% more expensive than in Pangyo, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Gimhae 13% above, Pangyo 9% above.

Meal at Budget Restaurant

$7.29 ₩10.1K

$7.22 ₩10.0K

0.97%

Three-Course Dinner for Two, Mid-Range

$48.20 ₩66.8K

$34.32 ₩47.6K

40.44%

Fast Food Meal (McDonalds, etc)

$6.80 ₩9,419

$6.55 ₩9,072

3.82%

Cappuccino

$3.63 ₩5,031

$3.69 ₩5,109

-1.63%

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

$1.77 ₩2,455

$1.52 ₩2,101

16.45%

Water (0.33 liter bottle)

$1.39 ₩1,922

$0.67 ₩924

107.46%

Local Beer (0.5 liter draught)

$3.76 ₩5,217

$3.50 ₩4,855

7.43%

Imported Beer (0.33 liter bottle)

$4.32 ₩5,987

$4.31 ₩5,970

0.23%

Milk (1 liter)

$2.36 ₩3,265

$2.26 ₩3,131

4.42%

White Bread (500g)

$3.22 ₩4,459

$3.04 ₩4,211

5.92%

Rice (white) (1kg)

$3.20 ₩4,435

$2.95 ₩4,091

8.47%

Eggs

$2.62 ₩3,629

$2.71 ₩3,750

-3.32%

Local Cheese (1kg)

$11.17 ₩15.5K

$10.97 ₩15.2K

1.82%

Chicken Fillets (1kg)

$10.39 ₩14.4K

$7.88 ₩10.9K

31.85%

Beef Round Steak (1kg)

$24.99 ₩34.6K

$21.86 ₩30.3K

14.32%

Apples (1kg)

$11.31 ₩15.7K

$7.63 ₩10.6K

48.23%

Banana (1kg)

$3.53 ₩4,886

$3.66 ₩5,066

-3.55%

Oranges (1kg)

$8.05 ₩11.2K

$7.40 ₩10.3K

8.78%

Tomato (1kg)

$5.74 ₩7,949

$5.75 ₩7,967

-0.17%

Potato (1kg)

$5.91 ₩8,197

$4.29 ₩5,947

37.76%

Onion (1kg)

$3.36 ₩4,660

$2.66 ₩3,681

26.32%

Lettuce (1 head)

$2.71 ₩3,755

$2.74 ₩3,802

-1.09%

Water (1.5 liter bottle)

$1.34 ₩1,854

$1.28 ₩1,775

4.69%

Cigarettes 20 Pack (Marlboro, Camel)

$3.36 ₩4,657

$3.25 ₩4,502

3.38%

Wine (Bottle)

$18.27 ₩25.3K

$18.76 ₩26.0K

-2.61%

Local Beer (0.5 liter bottle)

$2.36 ₩3,266

$2.20 ₩3,044

7.27%

Imported Beer (0.33 liter bottle)

$3.37 ₩4,667

$3.35 ₩4,645

0.60%

One-way Ticket (Public Transport)

$1.13 ₩1,561

$1.09 ₩1,512

3.67%

Public Transport Monthly Pass (Regular Price)

$48.71 ₩67.5K

Taxi Start (Normal Tariff)

$3.66 ₩5,070

$3.29 ₩4,553

11.25%

Taxi (Normal Tariff) (1km)

$0.72 ₩993

$0.62 ₩859

16.13%

Taxi 1hour Waiting (Normal Tariff)

$16.44 ₩22.8K

$16.70 ₩23.1K

-1.56%

Gasoline (1 liter)

$1.25 ₩1,727

$1.39 ₩1,931

-10.07%

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

$28.9K ₩40.0M

$29.7K ₩41.1M

-2.71%

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

$33.9K ₩47.0M

$33.6K ₩46.5M

0.98%

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

$198 ₩274.1K

$202 ₩280.4K

-2.24%

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

$36.53 ₩50.6K

$36.90 ₩51.1K

-1.00%

Internet (50+ Mbps, Unlimited Data)

$26.49 ₩36.7K

$22.69 ₩31.4K

16.75%

Gym Membership (Monthly)

$56.7 ₩78.5K

$55.2 ₩76.5K

2.64%

Tennis Court (1 Hour on Weekend)

$11.79 ₩16.3K

$11.72 ₩16.2K

0.60%

Cinema Ticket

$12.10 ₩16.8K

$11.13 ₩15.4K

8.72%

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

$624 ₩864.2K

$580 ₩803.7K

7.52%

International Primary School, 1 Child (Yearly)

$22.0K ₩30.5M

$21.8K ₩30.2M

0.99%

Jeans (Levis 501 Or Similar)

$102 ₩141.5K

$64.0 ₩88.7K

59.46%

Summer Dress (H&M, Zara, etc)

$66.0 ₩91.5K

$61.9 ₩85.8K

6.59%

Sport Shoes (Adidas, Nike)

$92.4 ₩128.1K

$73.9 ₩102.4K

25.05%

Men's Leather Business Shoes

$125 ₩173.6K

$99.1 ₩137.3K

26.39%

1-bedroom Apartment, City Center (Monthly)

$438 ₩606.4K

$449 ₩622.1K

-2.53%

1-bedroom Apartment, Outside City Center (Monthly)

$353 ₩489.4K

$348 ₩481.7K

1.60%

3-bedroom Apartment, City Center (Monthly)

$1,145 ₩1.6M

$1,149 ₩1.6M

-0.33%

3-bedroom Apartment, Outside City Center (Monthly)

$716 ₩992.9K

$741 ₩1.0M

-3.29%

Buy Apartment in City Center (m2)

$7,061 ₩9.8M

$7,207 ₩10.0M

-2.02%

Buy Apartment Outside City Center (m2)

$5,458 ₩7.6M

$5,452 ₩7.6M

0.12%

Average Monthly Net Salary (After Tax)

$2,525 ₩3.5M

$5,228 ₩7.2M

-51.71%

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 Gimhae: September 12, 2026

Last update for Pangyo: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $438 in Gimhae and $449 in Pangyo. Housing cost is often the main lever when comparing two cities.

Pangyo pays 107% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $48.00 in Gimhae vs $34.00 in Pangyo for a mid-range dinner for two. Groceries echo the gap at $484 vs $432 per month, with Pangyo cheaper across the board.

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

Gimhae vs Pangyo: Cost of Living - Frequently Asked Questions

Pangyo wins on cost – living expenses run 4% lower than in Gimhae. Housing and daily spending are where you'll feel the difference most, making Pangyo the obvious pick if budget is a priority.

On paper, salaries run 107% lower in Pangyo. 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: $438 in Gimhae versus $449 in Pangyo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $624 in Gimhae versus $580 in Pangyo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Pangyo – a meal for two runs $34.00 versus $48.00 in Gimhae. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,491 in Pangyo versus $1,553 in Gimhae, a $1,500 budget is realistic in Pangyo but tight or insufficient in Gimhae. The gap between the two cities makes Pangyo the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Gimhae and Pangyo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Pangyo gentler on the wallet – expenses run 4% less than in Gimhae. Beyond cost, consider language, visa policies, and how big the international community is in each city.