Last update: Oct 2026

Cost of Living Comparison Between Gyeonggi and Pangyo

For one person, living is cheaper in Gyeonggi: $1,072 a month against $1,468 in Pangyo, rent and utilities included – about $4,800 less a year. The total is higher in Pangyo despite lower rent and utilities.

71

Cost of Living Index in Gyeonggi
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Gyeonggi Living Index
72

Cost of Living Index in Pangyo
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Pangyo Living Index

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Gyeonggi

🇰🇷 South Korea

$1,072

/mo nomad

Pangyo

🇰🇷 South Korea

$1,468

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,072 in Gyeonggi versus $1,468 in Pangyo.

Gyeonggi $1,072
Pangyo $1,468

Estimated couple costs with rent: $2,079 in Gyeonggi versus $2,279 in Pangyo.

Gyeonggi $2,079
Pangyo $2,279

Monthly costs for a family of three with rent: $3,085 in Gyeonggi versus $3,091 in Pangyo.

Gyeonggi $3,085
Pangyo $3,091

Living in Gyeonggi costs roughly 27% less than in Pangyo, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Gyeonggi is 21% below, Pangyo is 9% above.

Meal at Budget Restaurant

$7.53 ₩10.0K

$7.24 ₩9,624

4.01%

Three-Course Dinner for Two, Mid-Range

$60.6 ₩80.6K

$35.02 ₩46.6K

73.07%

Fast Food Meal (McDonalds, etc)

$6.00 ₩7,975

$6.73 ₩8,950

-10.85%

Cappuccino

$3.90 ₩5,180

$3.78 ₩5,025

3.17%

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

$1.22 ₩1,625

$1.59 ₩2,118

-23.27%

Water (0.33 liter bottle)

$0.68 ₩903

$0.71 ₩940

-4.23%

Local Beer (0.5 liter draught)

$3.47 ₩4,610

$3.42 ₩4,547

1.46%

Imported Beer (0.33 liter bottle)

$2.93 ₩3,890

$4.28 ₩5,685

-31.54%

Milk (1 liter)

$1.76 ₩2,334

$2.25 ₩2,998

-21.78%

White Bread (500g)

$3.02 ₩4,015

Rice (white) (1kg)

$2.67 ₩3,555

Eggs

$2.59 ₩3,450

Local Cheese (1kg)

$11.09 ₩14.7K

Chicken Fillets (1kg)

$7.98 ₩10.6K

Beef Round Steak (1kg)

$20.67 ₩27.5K

Apples (1kg)

$11.17 ₩14.9K

$7.73 ₩10.3K

44.50%

Banana (1kg)

$3.82 ₩5,084

$3.45 ₩4,583

10.72%

Oranges (1kg)

$7.70 ₩10.2K

$7.25 ₩9,642

6.21%

Tomato (1kg)

$5.78 ₩7,685

Potato (1kg)

$3.60 ₩4,784

Onion (1kg)

$2.58 ₩3,431

Lettuce (1 head)

$2.78 ₩3,691

Water (1.5 liter bottle)

$1.28 ₩1,700

Cigarettes 20 Pack (Marlboro, Camel)

$3.30 ₩4,385

Wine (Bottle)

$18.39 ₩24.4K

Local Beer (0.5 liter bottle)

$2.29 ₩3,047

Imported Beer (0.33 liter bottle)

$3.48 ₩4,627

One-way Ticket (Public Transport)

$1.15 ₩1,527

Public Transport Monthly Pass (Regular Price)

$48.37 ₩64.3K

Taxi Start (Normal Tariff)

$3.07 ₩4,087

$3.32 ₩4,412

-7.53%

Taxi (Normal Tariff) (1km)

$0.58 ₩775

$0.66 ₩884

-12.12%

Taxi 1hour Waiting (Normal Tariff)

$12.83 ₩17.1K

Gasoline (1 liter)

$1.46 ₩1,945

$1.35 ₩1,797

8.15%

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

$29.8K ₩39.6M

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

$34.2K ₩45.5M

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

$186 ₩247.8K

$201 ₩267.4K

-7.33%

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

$40.40 ₩53.7K

$36.58 ₩48.6K

10.44%

Internet (50+ Mbps, Unlimited Data)

$21.83 ₩29.0K

$21.78 ₩29.0K

0.23%

Gym Membership (Monthly)

$56.3 ₩74.9K

$51.9 ₩69.0K

8.51%

Tennis Court (1 Hour on Weekend)

$12.07 ₩16.0K

Cinema Ticket

$10.32 ₩13.7K

$11.39 ₩15.1K

-9.39%

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

$520 ₩691.0K

International Primary School, 1 Child (Yearly)

$21.9K ₩29.1M

Jeans (Levis 501 Or Similar)

$58.9 ₩78.4K

$65.9 ₩87.6K

-10.59%

Summer Dress (H&M, Zara, etc)

$42.06 ₩55.9K

$62.8 ₩83.5K

-33.04%

Sport Shoes (Adidas, Nike)

$86.3 ₩114.8K

$74.8 ₩99.4K

15.46%

Men's Leather Business Shoes

$98.3 ₩130.7K

1-bedroom Apartment, City Center (Monthly)

$532 ₩707.0K

$478 ₩636.2K

11.14%

1-bedroom Apartment, Outside City Center (Monthly)

$373 ₩496.5K

$356 ₩473.1K

4.94%

3-bedroom Apartment, City Center (Monthly)

$2,102 ₩2.8M

$1,171 ₩1.6M

79.59%

3-bedroom Apartment, Outside City Center (Monthly)

$1,503 ₩2.0M

$739 ₩983.0K

103.25%

Buy Apartment in City Center (m2)

$7,085 ₩9.4M

Buy Apartment Outside City Center (m2)

$5,485 ₩7.3M

Average Monthly Net Salary (After Tax)

$2,244 ₩3.0M

$5,307 ₩7.1M

-57.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

4.1

-14.63%

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

Last update for Gyeonggi: October 12, 2026

Last update for Pangyo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Gyeonggi

$373 34.8%

Pangyo

$356 24.3% 4.7% $18

Monthly Utilities & Internet

Gyeonggi

$249 23.2%

Pangyo

$259 17.7% 4.4% $11

Eating Out

Gyeonggi

$156 14.5%

Pangyo

$158 10.8% 1.6% $2.5

Groceries & Markets

Gyeonggi

$127 * 11.9%

Pangyo

$424 28.9% 233% $297

Clothing & Footwear

Gyeonggi

$84 * 7.9%

Pangyo

$136 9.3% 61.1% $52

Sport & Entertainment

Gyeonggi

$77 7.2%

Pangyo

$75 5.1% 3% $2.3

Getting Around

Gyeonggi

$6 * 0.6%

Pangyo

$60 4.1% 895% $54

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

Cost Breakdown

A one-bedroom apartment in the center runs $532 in Gyeonggi and $478 in Pangyo. Housing cost is often the main lever when comparing two cities.

Pangyo pays 137% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $61.0 in Gyeonggi vs $35.00 in Pangyo. Groceries flip the comparison at $127 vs $424, with Gyeonggi cheaper for home cooking.

Good to know

🇰🇷 Gyeonggi

🇰🇷 Pangyo

🕒 Local time

08:24 8:24 AM

Same time as Gyeonggi

🌤 Weather

👥 Population

1,234,582

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 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

Gyeonggi vs Pangyo: Cost of Living - Frequently Asked Questions

Gyeonggi is cheaper overall, especially in eating out, groceries, and clothing. The 37% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 137% 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: $532 in Gyeonggi versus $478 in Pangyo. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 233% higher in Pangyo. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Gyeonggi – a meal for two runs $61.0 versus $35.00 in Pangyo. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,072 in Gyeonggi versus $1,468 in Pangyo, a $1,500 budget is realistic in Gyeonggi but tight or insufficient in Pangyo. The gap between the two cities makes Gyeonggi 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, Gyeonggi 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 Gyeonggi gentler on the wallet – expenses run 37% less than in Pangyo. Beyond cost, consider language, visa policies, and how big the international community is in each city.