Last update: Oct 2026

Cost of Living Comparison Between Jeju and Pangyo

For one person, living is cheaper in Jeju: $1,107 a month against $1,468 in Pangyo, rent and utilities included – about $4,300 less a year. The total is higher in Pangyo despite lower rent and utilities.

67

Cost of Living Index in Jeju
Learn more

Jeju Living Index
72

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

Jump to prices

Jeju

🇰🇷 South Korea

$1,107

/mo nomad

Pangyo

🇰🇷 South Korea

$1,468

/mo nomad

Monthly Cost of Living

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

A single person spends $1,107 per month in Jeju vs $1,468 in Pangyo, rent included.

Jeju $1,107
Pangyo $1,468

A couple spends around $1,900 per month in Jeju vs $2,279 in Pangyo, rent included.

Jeju $1,900
Pangyo $2,279

A family of three spends $2,694 per month in Jeju vs $3,091 in Pangyo, rent included.

Jeju $2,694
Pangyo $3,091

Jeju is about 25% cheaper than Pangyo, and outside of rent the biggest gap is in groceries.

Jeju sits 18% below the global median, while Pangyo is 9% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.40 ₩9,835

$7.24 ₩9,624

2.21%

Three-Course Dinner for Two, Mid-Range

$53.2 ₩70.7K

$35.02 ₩46.6K

51.86%

Fast Food Meal (McDonalds, etc)

$5.44 ₩7,233

$6.73 ₩8,950

-19.17%

Cappuccino

$5.75 ₩7,640

$3.78 ₩5,025

52.12%

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

$2.21 ₩2,945

$1.59 ₩2,118

38.99%

Water (0.33 liter bottle)

$1.94 ₩2,575

$0.71 ₩940

173.24%

Local Beer (0.5 liter draught)

$3.44 ₩4,578

$3.42 ₩4,547

0.58%

Imported Beer (0.33 liter bottle)

$3.05 ₩4,050

$4.28 ₩5,685

-28.74%

Milk (1 liter)

$2.26 ₩2,998

$2.25 ₩2,998

0.44%

White Bread (500g)

$2.30 ₩3,060

$3.02 ₩4,015

-23.84%

Rice (white) (1kg)

$2.21 ₩2,941

$2.67 ₩3,555

-17.23%

Eggs

$2.59 ₩3,444

$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)

$7.73 ₩10.3K

Banana (1kg)

$2.16 ₩2,867

$3.45 ₩4,583

-37.39%

Oranges (1kg)

$7.25 ₩9,642

Tomato (1kg)

$5.78 ₩7,685

Potato (1kg)

$3.04 ₩4,047

$3.60 ₩4,784

-15.56%

Onion (1kg)

$1.85 ₩2,454

$2.58 ₩3,431

-28.29%

Lettuce (1 head)

$2.19 ₩2,908

$2.78 ₩3,691

-21.22%

Water (1.5 liter bottle)

$0.47 ₩620

$1.28 ₩1,700

-63.28%

Cigarettes 20 Pack (Marlboro, Camel)

$3.30 ₩4,385

Wine (Bottle)

$11.22 ₩14.9K

$18.39 ₩24.4K

-38.99%

Local Beer (0.5 liter bottle)

$1.87 ₩2,490

$2.29 ₩3,047

-18.34%

Imported Beer (0.33 liter bottle)

$1.65 ₩2,200

$3.48 ₩4,627

-52.59%

One-way Ticket (Public Transport)

$1.03 ₩1,370

$1.15 ₩1,527

-10.43%

Public Transport Monthly Pass (Regular Price)

$48.37 ₩64.3K

Taxi Start (Normal Tariff)

$3.32 ₩4,412

Taxi (Normal Tariff) (1km)

$0.66 ₩884

Taxi 1hour Waiting (Normal Tariff)

$12.83 ₩17.1K

Gasoline (1 liter)

$1.33 ₩1,762

$1.35 ₩1,797

-1.48%

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)

$216 ₩287.8K

$201 ₩267.4K

7.64%

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

$53.7 ₩71.4K

$36.58 ₩48.6K

46.91%

Internet (50+ Mbps, Unlimited Data)

$19.50 ₩25.9K

$21.78 ₩29.0K

-10.47%

Gym Membership (Monthly)

$51.9 ₩69.0K

Tennis Court (1 Hour on Weekend)

$12.07 ₩16.0K

Cinema Ticket

$11.39 ₩15.1K

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

$520 ₩691.0K

International Primary School, 1 Child (Yearly)

$25.3K ₩33.6M

$21.9K ₩29.1M

15.23%

Jeans (Levis 501 Or Similar)

$51.6 ₩68.6K

$65.9 ₩87.6K

-21.71%

Summer Dress (H&M, Zara, etc)

$30.38 ₩40.4K

$62.8 ₩83.5K

-51.63%

Sport Shoes (Adidas, Nike)

$66.5 ₩88.5K

$74.8 ₩99.4K

-11.03%

Men's Leather Business Shoes

$89.7 ₩119.2K

$98.3 ₩130.7K

-8.84%

1-bedroom Apartment, City Center (Monthly)

$462 ₩614.5K

$478 ₩636.2K

-3.40%

1-bedroom Apartment, Outside City Center (Monthly)

$381 ₩506.9K

$356 ₩473.1K

7.14%

3-bedroom Apartment, City Center (Monthly)

$1,369 ₩1.8M

$1,171 ₩1.6M

16.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,174 ₩1.6M

$739 ₩983.0K

58.75%

Buy Apartment in City Center (m2)

$10.3K ₩13.8M

$7,085 ₩9.4M

46.06%

Buy Apartment Outside City Center (m2)

$6,733 ₩9.0M

$5,485 ₩7.3M

22.76%

Average Monthly Net Salary (After Tax)

$1,856 ₩2.5M

$5,307 ₩7.1M

-65.02%

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 Jeju: October 11, 2026

Last update for Pangyo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Jeju

$381 34.5%

Pangyo

$356 24.3% 6.7% $25

Monthly Utilities & Internet

Jeju

$290 26.2%

Pangyo

$259 17.7% 10.4% $30

Eating Out

Jeju

$184 16.7%

Pangyo

$158 10.8% 14.1% $26

Groceries & Markets

Jeju

$140 * 12.7%

Pangyo

$424 28.9% 203% $284

Clothing & Footwear

Jeju

$107 9.7%

Pangyo

$136 9.3% 26.7% $29

Getting Around

Jeju

$4.1 * 0.4%

Pangyo

$60 4.1% 1347% $55

Sport & Entertainment

Jeju

- * 0%

Pangyo

$75 5.1%

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

Cost Breakdown

A central one-bedroom costs $462 in Jeju versus $478 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 run about 186% higher in Pangyo, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $53.0 in Jeju versus $35.00 in Pangyo. Groceries tell a different story – $140 in Jeju vs $424 in Pangyo – so Jeju wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Jeju

🇰🇷 Pangyo

🕒 Local time

10:04 10:04 AM

Same time as Jeju

🌤 Weather

👥 Population

469,279

💱 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

On the map

Lowest

Highest

Between locations

Jeju Pangyo 440 km

From you

Jeju
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

Jeju vs Pangyo: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 33%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,660 per month in Jeju 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 Jeju, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 203% more in Pangyo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $53.0 in Jeju and $35.00 in Pangyo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Jeju, where all-in costs run around $1,107, than in Pangyo at $1,468. In Jeju it covers expenses comfortably, while in Pangyo it requires careful planning or may not stretch far enough.

Families tend to lean toward Jeju – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Jeju. If higher salaries, better infrastructure, or specific career opportunities are the priority, Pangyo makes more sense. Both are solid long-term options with distinct trade-offs.