Last update: Oct 2026

Cost of Living Comparison Between Mokpo and Pangyo

For one person, living is cheaper in Mokpo: $1,406 a month against $1,458 in Pangyo, rent and utilities included – about $620 less a year. Other living expenses account for most of the difference.

Mokpo, South Korea
Pangyo, South Korea
Mokpo
🇰🇷 South Korea
$1,406
/mo nomad
Pangyo
🇰🇷 South Korea
$1,458
/mo nomad
Monthly Cost of Living

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

A single person spends $1,406 per month in Mokpo vs $1,458 in Pangyo, rent included.

  • Mokpo $1,406
  • Pangyo $1,458

A couple spends around $2,304 per month in Mokpo vs $2,354 in Pangyo, rent included.

  • Mokpo $2,304
  • Pangyo $2,354

A family of three spends $3,202 per month in Mokpo vs $3,249 in Pangyo, rent included.

  • Mokpo $3,202
  • Pangyo $3,249

Mokpo is about 4% cheaper than Pangyo, and outside of rent the biggest gap is in transport.

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

Currency
🍽 Eating Out
Mokpo
Pangyo
Difference
Meal at Budget Restaurant
$7.40 ₩9,949
$6.35 ₩8,530
16.54%
Three-Course Dinner for Two, Mid-Range
$37.40 ₩50.3K
$36.79 ₩49.4K
1.66%
Fast Food Meal (McDonalds, etc)
$6.67 ₩8,969
$7.47 ₩10.0K
-10.71%
Cappuccino
$3.55 ₩4,775
$3.12 ₩4,189
13.78%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.58 ₩2,128
$1.70 ₩2,282
-7.06%
Water (0.33 liter bottle)
$0.69 ₩921
$0.78 ₩1,051
-11.54%
Local Beer (0.5 liter draught)
$3.38 ₩4,544
$3.25 ₩4,368
4.00%
Imported Beer (0.33 liter bottle)
$4.16 ₩5,594
$3.89 ₩5,228
6.94%
🛒 Groceries & Markets
Mokpo
Pangyo
Difference
Milk (1 liter)
$2.14 ₩2,882
$2.16 ₩2,904
-0.93%
White Bread (500g)
$3.15 ₩4,231
$3.10 ₩4,168
1.61%
Rice (white) (1kg)
$2.73 ₩3,674
$2.64 ₩3,541
3.41%
Eggs
$2.62 ₩3,525
$2.73 ₩3,665
-4.03%
Local Cheese (1kg)
$10.55 ₩14.2K
$11.26 ₩15.1K
-6.31%
Chicken Fillets (1kg)
$10.58 ₩14.2K
$10.21 ₩13.7K
3.62%
Beef Round Steak (1kg)
$21.61 ₩29.0K
$21.25 ₩28.6K
1.69%
Apples (1kg)
$7.48 ₩10.1K
$7.48 ₩10.1K
-
Banana (1kg)
$3.03 ₩4,068
$3.12 ₩4,193
-2.88%
Oranges (1kg)
$5.30 ₩7,120
$5.52 ₩7,417
-3.99%
Tomato (1kg)
$5.35 ₩7,184
$6.08 ₩8,165
-12.01%
Potato (1kg)
$3.75 ₩5,042
$3.67 ₩4,933
2.18%
Onion (1kg)
$2.71 ₩3,639
$2.58 ₩3,462
5.04%
Lettuce (1 head)
$2.75 ₩3,700
$2.84 ₩3,819
-3.17%
Water (1.5 liter bottle)
$1.25 ₩1,677
$1.27 ₩1,713
-1.57%
Cigarettes 20 Pack (Marlboro, Camel)
$3.25 ₩4,364
$3.37 ₩4,526
-3.56%
Wine (Bottle)
$13.48 ₩18.1K
$13.40 ₩18.0K
0.60%
Local Beer (0.5 liter bottle)
$2.35 ₩3,159
$2.28 ₩3,063
3.07%
Imported Beer (0.33 liter bottle)
$3.62 ₩4,861
$3.50 ₩4,698
3.43%
🚌 Getting Around
Mokpo
Pangyo
Difference
One-way Ticket (Public Transport)
$1.00 ₩1,341
$1.10 ₩1,475
-9.09%
Public Transport Monthly Pass (Regular Price)
-
$47.96 ₩64.4K
-
Taxi Start (Normal Tariff)
$4.09 ₩5,490
$3.62 ₩4,868
12.98%
Taxi (Normal Tariff) (1km)
$0.59 ₩794
$0.66 ₩886
-10.61%
Taxi 1hour Waiting (Normal Tariff)
$9.80 ₩13.2K
$8.90 ₩12.0K
10.11%
Gasoline (1 liter)
$1.41 ₩1,901
$1.41 ₩1,893
-
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.2K ₩40.6M
$28.2K ₩37.9M
7.12%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.1K ₩40.5M
$34.5K ₩46.4M
-12.69%
🧾 Monthly Utilities & Internet
Mokpo
Pangyo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$207 ₩277.8K
$201 ₩270.5K
2.67%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.80 ₩48.1K
$35.81 ₩48.1K
-0.03%
Internet (50+ Mbps, Unlimited Data)
$22.26 ₩29.9K
$21.13 ₩28.4K
5.35%
🎉 Sport & Entertainment
Mokpo
Pangyo
Difference
Gym Membership (Monthly)
$50.6 ₩68.0K
$52.3 ₩70.3K
-3.25%
Tennis Court (1 Hour on Weekend)
$12.38 ₩16.6K
$13.94 ₩18.7K
-11.19%
Cinema Ticket
$11.94 ₩16.0K
$10.96 ₩14.7K
8.94%
🧸 Childcare & Education
Mokpo
Pangyo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$416 ₩559.3K
$446 ₩599.1K
-6.63%
International Primary School, 1 Child (Yearly)
$22.6K ₩30.4M
$21.6K ₩29.0M
4.98%
👕👟 Clothing & Footwear
Mokpo
Pangyo
Difference
Jeans (Levis 501 Or Similar)
$62.6 ₩84.1K
$60.5 ₩81.3K
3.49%
Summer Dress (H&M, Zara, etc)
$62.0 ₩83.3K
$57.6 ₩77.4K
7.67%
Sport Shoes (Adidas, Nike)
$74.6 ₩100.2K
$73.1 ₩98.2K
2.09%
Men's Leather Business Shoes
$109 ₩147.0K
$98.1 ₩131.9K
11.46%
🏠 Accommodation & Living
Mokpo
Pangyo
Difference
1-bedroom Apartment, City Center (Monthly)
$533 ₩716.0K
$491 ₩659.4K
8.58%
1-bedroom Apartment, Outside City Center (Monthly)
$344 ₩462.9K
$372 ₩500.4K
-7.51%
3-bedroom Apartment, City Center (Monthly)
$1,118 ₩1.5M
$1,240 ₩1.7M
-9.84%
3-bedroom Apartment, Outside City Center (Monthly)
$940 ₩1.3M
$936 ₩1.3M
0.41%
Buy Apartment in City Center (m2)
$6,862 ₩9.2M
$6,805 ₩9.1M
0.83%
Buy Apartment Outside City Center (m2)
$5,612 ₩7.5M
$5,450 ₩7.3M
2.98%
💵 Salaries & Financials
Mokpo
Pangyo
Difference
Average Monthly Net Salary (After Tax)
-
$5,113 ₩6.9M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.1
4.1
-

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

Last update for Mokpo: October 31, 2026

Last update for Pangyo: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
Mokpo
$416
Pangyo
$419 0.8% $3.4
Accommodation & Living
Mokpo
$344
Pangyo
$372 8.1% $28
Monthly Utilities & Internet
Mokpo
$265
Pangyo
$258 2.5% $6.5
Eating Out
Mokpo
$156
Pangyo
$145 7.5% $12
Clothing & Footwear
Mokpo
$139
Pangyo
$130 6.3% $8.7
Sport & Entertainment
Mokpo
$74
Pangyo
$74 0.3% $0.2
Getting Around
Mokpo
$11 *
Pangyo
$59 437% $48

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

Cost Breakdown

A central one-bedroom costs $533 in Mokpo 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.

A mid-range dinner for two costs $37 in Mokpo versus $37 in Pangyo. Monthly groceries follow the same trend: $416 vs $419 – making Mokpo the more affordable choice for daily food spending.

Good to know
🇰🇷 Mokpo
🇰🇷 Pangyo
🕒 Local time
15:32 3:32 PM
15:32 3:32 PM
Same time as Mokpo
🌤 Weather
👥 Population
237,739
💱 Currency
Exchange rates and currency converter

USD, EUR to KRW – South Korean Won Converter

South Korean Won exchange rates as of November 4, 2026: 1 USD = 1,344 KRW (10,000 KRW = 7.44 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

On the map
Between locations
  • Mokpo Pangyo 300 km
From you
  • Mokpo
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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
Mokpo vs Pangyo: Cost of Living - Frequently Asked Questions
Is Mokpo cheaper than Pangyo?
Yes – Pangyo is pricier by about 4%, and outside of rent the gap shows up most in transport.
What income do you need for each city?
For a comfortable life, plan on about $2,109 per month in Mokpo and $2,187 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
What is the rent difference between Mokpo and Pangyo?
A central 1-bedroom goes for about $533 in Mokpo and $491 in Pangyo. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.
What are total monthly expenses in Mokpo and in Pangyo?
Monthly expenses with rent come to $1,406 in Mokpo and $1,458 in Pangyo. That makes Mokpo about 4% cheaper.
Which city has cheaper kindergarten?
Kindergarten costs $416 per month in Mokpo and $446 in Pangyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Which city is safer, Mokpo or Pangyo?
Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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