Last update: Oct 2026

Cost of Living Comparison Between Iksan and Pangyo

For one person, living is cheaper in Iksan: $1,425 a month against $1,467 in Pangyo, rent and utilities included – about $500 less a year. The total is higher in Pangyo despite lower rent and utilities.

68

Cost of Living Index in Iksan
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Iksan Living Index
71

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

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Iksan

🇰🇷 South Korea

$1,425

/mo nomad

Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Monthly Cost of Living

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

A single person spends $1,425 per month in Iksan vs $1,467 in Pangyo, rent included.

Iksan $1,425
Pangyo $1,467

A couple spends around $2,209 per month in Iksan vs $2,284 in Pangyo, rent included.

Iksan $2,209
Pangyo $2,284

A family of three spends $2,994 per month in Iksan vs $3,102 in Pangyo, rent included.

Iksan $2,994
Pangyo $3,102

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

Both Iksan and Pangyo sit above the global median – Iksan by 5%, Pangyo by 8%.

Meal at Budget Restaurant

$5.97 ₩7,963

$7.37 ₩9,827

-19.00%

Three-Course Dinner for Two, Mid-Range

$34.23 ₩45.6K

$35.34 ₩47.1K

-3.14%

Fast Food Meal (McDonalds, etc)

$6.81 ₩9,080

$6.76 ₩9,020

0.74%

Cappuccino

$3.66 ₩4,874

$3.75 ₩5,003

-2.40%

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

$1.62 ₩2,158

$1.55 ₩2,062

4.52%

Water (0.33 liter bottle)

$0.63 ₩840

$0.71 ₩950

-11.27%

Local Beer (0.5 liter draught)

$3.50 ₩4,668

$3.58 ₩4,779

-2.23%

Imported Beer (0.33 liter bottle)

$4.37 ₩5,830

$4.58 ₩6,108

-4.59%

Milk (1 liter)

$2.27 ₩3,029

$2.22 ₩2,959

2.25%

White Bread (500g)

$3.18 ₩4,238

$3.14 ₩4,188

1.27%

Rice (white) (1kg)

$2.35 ₩3,132

$2.66 ₩3,544

-11.65%

Eggs

$3.26 ₩4,353

$2.73 ₩3,642

19.41%

Local Cheese (1kg)

$15.98 ₩21.3K

$11.04 ₩14.7K

44.75%

Chicken Fillets (1kg)

$8.09 ₩10.8K

$7.74 ₩10.3K

4.52%

Beef Round Steak (1kg)

$11.41 ₩15.2K

$20.46 ₩27.3K

-44.23%

Apples (1kg)

$7.69 ₩10.3K

$7.46 ₩9,945

3.08%

Banana (1kg)

$3.22 ₩4,296

$3.31 ₩4,414

-2.72%

Oranges (1kg)

$7.48 ₩9,975

$6.59 ₩8,788

13.51%

Tomato (1kg)

$6.83 ₩9,105

$5.98 ₩7,978

14.21%

Potato (1kg)

$3.60 ₩4,798

$3.60 ₩4,801

Onion (1kg)

$2.42 ₩3,230

$2.62 ₩3,495

-7.63%

Lettuce (1 head)

$2.04 ₩2,719

$2.73 ₩3,643

-25.27%

Water (1.5 liter bottle)

$1.35 ₩1,794

$1.34 ₩1,784

0.75%

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 ₩4,589

$3.29 ₩4,381

4.56%

Wine (Bottle)

$18.82 ₩25.1K

$18.41 ₩24.6K

2.23%

Local Beer (0.5 liter bottle)

$2.24 ₩2,987

$2.23 ₩2,972

0.45%

Imported Beer (0.33 liter bottle)

$3.37 ₩4,493

$3.41 ₩4,553

-1.17%

One-way Ticket (Public Transport)

$1.11 ₩1,476

$1.12 ₩1,492

-0.89%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.7K

Taxi Start (Normal Tariff)

$3.61 ₩4,811

$3.52 ₩4,693

2.56%

Taxi (Normal Tariff) (1km)

$0.66 ₩884

$0.67 ₩890

-1.49%

Taxi 1hour Waiting (Normal Tariff)

$9.02 ₩12.0K

$9.26 ₩12.3K

-2.59%

Gasoline (1 liter)

$1.34 ₩1,788

$1.35 ₩1,795

-0.74%

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

$29.0K ₩38.7M

$29.4K ₩39.2M

-1.16%

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

$36.3K ₩48.4M

$33.9K ₩45.2M

7.03%

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

$211 ₩281.5K

$209 ₩278.4K

1.12%

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

$43.19 ₩57.6K

$36.82 ₩49.1K

17.30%

Internet (50+ Mbps, Unlimited Data)

$20.62 ₩27.5K

$21.24 ₩28.3K

-2.92%

Gym Membership (Monthly)

$53.5 ₩71.3K

$55.4 ₩73.9K

-3.48%

Tennis Court (1 Hour on Weekend)

$14.03 ₩18.7K

$13.90 ₩18.5K

0.94%

Cinema Ticket

$11.41 ₩15.2K

$11.11 ₩14.8K

2.70%

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

$298 ₩397.7K

$381 ₩507.6K

-21.64%

International Primary School, 1 Child (Yearly)

$17.7K ₩23.6M

$21.5K ₩28.7M

-17.85%

Jeans (Levis 501 Or Similar)

$65.3 ₩87.1K

$62.1 ₩82.8K

5.17%

Summer Dress (H&M, Zara, etc)

$63.5 ₩84.7K

$61.4 ₩81.8K

3.49%

Sport Shoes (Adidas, Nike)

$75.3 ₩100.4K

$74.7 ₩99.6K

0.80%

Men's Leather Business Shoes

$99.0 ₩132.0K

$99.8 ₩133.0K

-0.81%

1-bedroom Apartment, City Center (Monthly)

$496 ₩662.1K

$493 ₩657.9K

0.64%

1-bedroom Apartment, Outside City Center (Monthly)

$362 ₩482.2K

$348 ₩464.3K

3.87%

3-bedroom Apartment, City Center (Monthly)

$1,153 ₩1.5M

$1,157 ₩1.5M

-0.41%

3-bedroom Apartment, Outside City Center (Monthly)

$762 ₩1.0M

$742 ₩989.6K

2.66%

Buy Apartment in City Center (m2)

$7,047 ₩9.4M

$7,115 ₩9.5M

-0.96%

Buy Apartment Outside City Center (m2)

$5,569 ₩7.4M

$5,495 ₩7.3M

1.34%

Average Monthly Net Salary (After Tax)

$1,734 ₩2.3M

$5,227 ₩7.0M

-66.82%

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 Iksan: October 26, 2026

Last update for Pangyo: October 24, 2026

Monthly budget structure

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

Groceries & Markets

Iksan

$417 29.3%

Pangyo

$420 28.6% 0.6% $2.7

Accommodation & Living

Iksan

$362 25.4%

Pangyo

$348 23.7% 3.7% $13

Monthly Utilities & Internet

Iksan

$275 19.3%

Pangyo

$267 18.2% 2.9% $8.1

Eating Out

Iksan

$147 10.3%

Pangyo

$160 10.9% 8.9% $13

Clothing & Footwear

Iksan

$136 9.6%

Pangyo

$134 9.1% 1.7% $2.3

Sport & Entertainment

Iksan

$76 5.4%

Pangyo

$78 5.3% 1.7% $1.3

Getting Around

Iksan

$11 * 0.8%

Pangyo

$61 4.1% 434% $49

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

Cost Breakdown

A central one-bedroom costs $496 in Iksan 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. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $34 in Iksan versus $35 in Pangyo. Monthly groceries follow the same trend: $417 vs $420 – making Iksan the more affordable choice for daily food spending.

Good to know

🇰🇷 Iksan

🇰🇷 Pangyo

🕒 Local time

11:33 11:33 AM

Same time as Iksan

🌤 Weather

👥 Population

307,000

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.5 USD

10,000 KRW = 6.72 EUR

10,000 KRW = 7.5 USD

10,000 KRW = 6.72 EUR

Exchange rates and currency converter

On the map

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Iksan Pangyo 160 km

From you

Iksan
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

Iksan vs Pangyo: Cost of Living - Frequently Asked Questions

Pangyo costs about 3% more than Iksan, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,137 per month in Iksan and $2,201 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 $496 in Iksan and $493 in Pangyo. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,425 in Iksan and $1,467 in Pangyo. That makes Iksan about 3% cheaper.

A mid-range dinner for two costs $34 in Iksan and $35 in Pangyo. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$1,000 is a stretch for both – monthly costs hit $1,425 in Iksan and $1,467 in Pangyo. You’ll need shared housing and careful budgeting no matter which city you pick.

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