Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Budapest

For one person, living is cheaper in Pangyo: $1,460 a month against $1,621 in Budapest, rent and utilities included – about $1,900 less a year. Higher rent and utilities in Budapest outweigh lower spending on other living expenses.

72

Cost of Living Index in Pangyo
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Pangyo Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Pangyo

🇰🇷 South Korea

$1,460

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Budapest

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Pangyo and in Budapest actually costs, broken down by who's living it.

A single person spends $1,460 per month in Pangyo vs $1,621 in Budapest, rent included.

Pangyo $1,460
Budapest $1,621

A couple spends around $2,303 per month in Pangyo vs $2,555 in Budapest, rent included.

Pangyo $2,303
Budapest $2,555

A family of three spends $3,145 per month in Pangyo vs $3,489 in Budapest, rent included.

Pangyo $3,145
Budapest $3,489

Pangyo is about 10% cheaper than Budapest, and outside of rent the biggest gap is in groceries.

Both Pangyo and Budapest sit above the global median – Pangyo by 9%, Budapest by 21%.

Meal at Budget Restaurant

$7.17 ₩9,634

$13.99 Ft 4,555

-48.75%

Three-Course Dinner for Two, Mid-Range

$30.05 ₩40.4K

$60.3 Ft 19.7K

-50.20%

Fast Food Meal (McDonalds, etc)

$6.54 ₩8,788

$9.96 Ft 3,244

-34.34%

Cappuccino

$4.03 ₩5,407

$3.38 Ft 1,102

19.23%

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

$1.51 ₩2,028

$2.13 Ft 693

-29.11%

Water (0.33 liter bottle)

$0.71 ₩956

$1.87 Ft 609

-62.03%

Local Beer (0.5 liter draught)

$2.96 ₩3,982

$3.75 Ft 1,222

-21.07%

Imported Beer (0.33 liter bottle)

$3.98 ₩5,348

$3.57 Ft 1,163

11.48%

Milk (1 liter)

$2.30 ₩3,091

$1.13 Ft 369

103.54%

White Bread (500g)

$3.19 ₩4,284

$1.84 Ft 600

73.37%

Rice (white) (1kg)

$2.74 ₩3,682

$2.39 Ft 777

14.64%

Eggs

$2.69 ₩3,615

$3.83 Ft 1,246

-29.77%

Local Cheese (1kg)

$10.88 ₩14.6K

$11.33 Ft 3,689

-3.97%

Chicken Fillets (1kg)

$7.91 ₩10.6K

$6.74 Ft 2,194

17.36%

Beef Round Steak (1kg)

$21.43 ₩28.8K

$14.69 Ft 4,784

45.88%

Apples (1kg)

$7.68 ₩10.3K

$1.84 Ft 598

317.39%

Banana (1kg)

$3.62 ₩4,858

$2.01 Ft 654

80.10%

Oranges (1kg)

$7.50 ₩10.1K

$2.36 Ft 767

217.80%

Tomato (1kg)

$6.11 ₩8,201

$3.77 Ft 1,227

62.07%

Potato (1kg)

$3.62 ₩4,859

$0.96 Ft 314

277.08%

Onion (1kg)

$2.68 ₩3,596

$1.03 Ft 335

160.19%

Lettuce (1 head)

$2.78 ₩3,740

$1.56 Ft 509

78.21%

Water (1.5 liter bottle)

$1.28 ₩1,719

$0.66 Ft 216

93.94%

Cigarettes 20 Pack (Marlboro, Camel)

$3.45 ₩4,635

$7.96 Ft 2,594

-56.66%

Wine (Bottle)

$18.84 ₩25.3K

$6.01 Ft 1,956

213.48%

Local Beer (0.5 liter bottle)

$2.29 ₩3,078

$1.30 Ft 422

76.15%

Imported Beer (0.33 liter bottle)

$3.46 ₩4,649

$2.08 Ft 677

66.35%

One-way Ticket (Public Transport)

$1.10 ₩1,479

$1.50 Ft 490

-26.67%

Public Transport Monthly Pass (Regular Price)

$47.53 ₩63.8K

$27.61 Ft 8,991

72.15%

Taxi Start (Normal Tariff)

$3.36 ₩4,515

$3.30 Ft 1,075

1.82%

Taxi (Normal Tariff) (1km)

$0.66 ₩884

$1.30 Ft 424

-49.23%

Taxi 1hour Waiting (Normal Tariff)

$13.05 ₩17.5K

$19.78 Ft 6,442

-34.02%

Gasoline (1 liter)

$1.41 ₩1,891

$1.81 Ft 591

-22.10%

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

$30.8K ₩41.3M

$29.3K Ft 9.6M

4.87%

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

$38.4K ₩51.6M

$34.1K Ft 11.1M

12.57%

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

$199 ₩267.4K

$170 Ft 55.3K

17.17%

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

$36.74 ₩49.3K

$23.98 Ft 7,809

53.21%

Internet (50+ Mbps, Unlimited Data)

$22.15 ₩29.8K

$23.42 Ft 7,628

-5.42%

Gym Membership (Monthly)

$51.2 ₩68.7K

$66.2 Ft 21.6K

-22.75%

Tennis Court (1 Hour on Weekend)

$11.91 ₩16.0K

$19.18 Ft 6,245

-37.90%

Cinema Ticket

$11.13 ₩14.9K

$9.52 Ft 3,101

16.91%

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

$526 ₩706.1K

$537 Ft 174.8K

-2.06%

International Primary School, 1 Child (Yearly)

$21.7K ₩29.1M

$16.6K Ft 5.4M

30.49%

Jeans (Levis 501 Or Similar)

$65.7 ₩88.2K

$101 Ft 33.0K

-35.20%

Summer Dress (H&M, Zara, etc)

$64.1 ₩86.1K

$42.99 Ft 14.0K

49.13%

Sport Shoes (Adidas, Nike)

$74.5 ₩100.1K

$113 Ft 36.7K

-33.92%

Men's Leather Business Shoes

$101 ₩135.6K

$119 Ft 38.7K

-14.97%

1-bedroom Apartment, City Center (Monthly)

$478 ₩642.6K

$805 Ft 262.2K

-40.58%

1-bedroom Apartment, Outside City Center (Monthly)

$361 ₩484.9K

$629 Ft 204.9K

-42.62%

3-bedroom Apartment, City Center (Monthly)

$1,182 ₩1.6M

$1,549 Ft 504.6K

-23.72%

3-bedroom Apartment, Outside City Center (Monthly)

$735 ₩987.8K

$1,167 Ft 380.1K

-36.98%

Buy Apartment in City Center (m2)

$7,053 ₩9.5M

$5,618 Ft 1.8M

25.53%

Buy Apartment Outside City Center (m2)

$5,546 ₩7.4M

$3,968 Ft 1.3M

39.76%

Average Monthly Net Salary (After Tax)

$5,262 ₩7.1M

$1,626 Ft 529.5K

223.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

6.43

-36.24%

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

Last update for Pangyo: October 4, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$433 29.3%

Budapest

$258 15.8% 40.4% $175

Accommodation & Living

Pangyo

$361 24.4%

Budapest

$629 38.7% 74.3% $268

Monthly Utilities & Internet

Pangyo

$258 17.5%

Budapest

$217 13.4% 15.8% $41

Eating Out

Pangyo

$157 10.6%

Budapest

$224 13.8% 42.8% $67

Clothing & Footwear

Pangyo

$137 9.3%

Budapest

$169 10.4% 23.1% $32

Sport & Entertainment

Pangyo

$73 5%

Budapest

$85 5.2% 16.1% $12

Getting Around

Pangyo

$59 4%

Budapest

$43 2.7% 25.9% $15

Cost Breakdown

A central one-bedroom costs $478 in Pangyo versus $805 in Budapest. 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 224% higher in Pangyo, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $30.00 in Pangyo versus $60.0 in Budapest. Groceries tell a different story – $433 in Pangyo vs $258 in Budapest – so Budapest wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Pangyo

🇭🇺 Budapest

🕒 Local time

17:14 5:14 PM

10:14 10:14 AM

7 h behind Pangyo

🌤 Weather

👥 Population

1,686,222 Capital

💱 Currency

South Korean Won KRW ₩

Hungarian Forint HUF Ft

📈 Exchange rate

10,000 KRW = 7.45 USD

10,000 KRW = 6.64 EUR

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,343 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,506 KRW (10,000 KRW = 6.64 EUR).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to KRW in detail →

On the map

Lowest

Highest

Between locations

Pangyo Budapest 8,190 km ≈ 11 h nonstop flight

From you

Pangyo
Budapest

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

Pangyo vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Budapest is pricier by about 11%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,191 per month in Pangyo and $2,432 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Pangyo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 72% less in Pangyo. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $526 per month in Pangyo and $537 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Pangyo, where all-in costs run around $1,460, than in Budapest at $1,621. In Pangyo it covers expenses comfortably, while in Budapest it requires careful planning or may not stretch far enough.

Families tend to lean toward Pangyo – 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 Pangyo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Budapest makes more sense. Both are solid long-term options with distinct trade-offs.