Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Daejeon

For one person, living is cheaper in Daejeon: $1,365 a month against $1,467 in Pangyo, rent and utilities included – about $1,200 less a year. Rent and utilities account for most of the difference.

71

Cost of Living Index in Pangyo
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Pangyo Living Index
66

Cost of Living Index in Daejeon
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Daejeon Living Index

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Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Daejeon

🇰🇷 South Korea

$1,365

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Daejeon

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 Daejeon actually costs, broken down by who's living it.

A single person spends $1,467 per month in Pangyo vs $1,365 in Daejeon, rent included.

Pangyo $1,467
Daejeon $1,365

A couple spends around $2,284 per month in Pangyo vs $2,140 in Daejeon, rent included.

Pangyo $2,284
Daejeon $2,140

A family of three spends $3,102 per month in Pangyo vs $2,915 in Daejeon, rent included.

Pangyo $3,102
Daejeon $2,915

Pangyo costs about 8% more than Daejeon, and outside of rent the biggest gap is in transport.

Meal at Budget Restaurant

$7.37 ₩9,838

$7.62 ₩10.2K

-3.28%

Three-Course Dinner for Two, Mid-Range

$35.34 ₩47.2K

$37.50 ₩50.1K

-5.76%

Fast Food Meal (McDonalds, etc)

$6.76 ₩9,031

$5.66 ₩7,563

19.43%

Cappuccino

$3.75 ₩5,008

$3.75 ₩5,007

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

$1.55 ₩2,064

$1.22 ₩1,626

27.05%

Water (0.33 liter bottle)

$0.71 ₩951

$0.69 ₩922

2.90%

Local Beer (0.5 liter draught)

$3.58 ₩4,785

$3.69 ₩4,932

-2.98%

Imported Beer (0.33 liter bottle)

$4.58 ₩6,115

$3.82 ₩5,100

19.90%

Milk (1 liter)

$2.22 ₩2,963

$2.11 ₩2,812

5.21%

White Bread (500g)

$3.14 ₩4,193

$2.80 ₩3,744

12.14%

Rice (white) (1kg)

$2.66 ₩3,548

$2.68 ₩3,578

-0.75%

Eggs

$2.73 ₩3,647

$2.62 ₩3,495

4.20%

Local Cheese (1kg)

$11.04 ₩14.7K

$11.27 ₩15.0K

-2.04%

Chicken Fillets (1kg)

$7.74 ₩10.3K

$8.29 ₩11.1K

-6.63%

Beef Round Steak (1kg)

$20.46 ₩27.3K

$20.93 ₩27.9K

-2.25%

Apples (1kg)

$7.46 ₩9,956

$11.19 ₩14.9K

-33.33%

Banana (1kg)

$3.31 ₩4,420

$5.54 ₩7,402

-40.25%

Oranges (1kg)

$6.59 ₩8,798

$5.82 ₩7,770

13.23%

Tomato (1kg)

$5.98 ₩7,988

$6.06 ₩8,089

-1.32%

Potato (1kg)

$3.60 ₩4,806

$5.21 ₩6,956

-30.90%

Onion (1kg)

$2.62 ₩3,499

$2.87 ₩3,830

-8.71%

Lettuce (1 head)

$2.73 ₩3,647

$1.72 ₩2,299

58.72%

Water (1.5 liter bottle)

$1.34 ₩1,786

$1.09 ₩1,450

22.94%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,386

$3.50 ₩4,674

-6.00%

Wine (Bottle)

$18.41 ₩24.6K

$18.83 ₩25.1K

-2.23%

Local Beer (0.5 liter bottle)

$2.23 ₩2,976

$2.66 ₩3,552

-16.17%

Imported Beer (0.33 liter bottle)

$3.41 ₩4,558

$3.45 ₩4,607

-1.16%

One-way Ticket (Public Transport)

$1.12 ₩1,493

$1.15 ₩1,531

-2.61%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.8K

$11.53 ₩15.4K

327.41%

Taxi Start (Normal Tariff)

$3.52 ₩4,699

$3.29 ₩4,387

6.99%

Taxi (Normal Tariff) (1km)

$0.67 ₩891

$0.73 ₩976

-8.22%

Taxi 1hour Waiting (Normal Tariff)

$9.26 ₩12.4K

$16.77 ₩22.4K

-44.78%

Gasoline (1 liter)

$1.35 ₩1,797

$1.24 ₩1,651

8.87%

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

$29.4K ₩39.2M

$29.0K ₩38.7M

1.38%

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

$33.9K ₩45.3M

$23.4K ₩31.2M

44.88%

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

$209 ₩278.7K

$173 ₩230.9K

20.69%

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

$36.82 ₩49.2K

$43.00 ₩57.4K

-14.37%

Internet (50+ Mbps, Unlimited Data)

$21.24 ₩28.4K

$22.62 ₩30.2K

-6.10%

Gym Membership (Monthly)

$55.4 ₩74.0K

$33.83 ₩45.2K

63.76%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.6K

Cinema Ticket

$11.11 ₩14.8K

$11.39 ₩15.2K

-2.46%

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

$381 ₩508.2K

$302 ₩403.2K

26.03%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.8M

$21.9K ₩29.2M

-1.49%

Jeans (Levis 501 Or Similar)

$62.1 ₩82.9K

$65.3 ₩87.2K

-4.93%

Summer Dress (H&M, Zara, etc)

$61.4 ₩81.9K

$40.89 ₩54.6K

50.09%

Sport Shoes (Adidas, Nike)

$74.7 ₩99.7K

$93.9 ₩125.3K

-20.44%

Men's Leather Business Shoes

$99.8 ₩133.2K

$107 ₩142.7K

-6.68%

1-bedroom Apartment, City Center (Monthly)

$493 ₩658.6K

$371 ₩495.8K

32.83%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩464.8K

$301 ₩402.3K

15.54%

3-bedroom Apartment, City Center (Monthly)

$1,157 ₩1.5M

$1,041 ₩1.4M

11.18%

3-bedroom Apartment, Outside City Center (Monthly)

$742 ₩990.8K

$612 ₩816.6K

21.33%

Buy Apartment in City Center (m2)

$7,115 ₩9.5M

$5,603 ₩7.5M

26.99%

Buy Apartment Outside City Center (m2)

$5,495 ₩7.3M

$4,492 ₩6.0M

22.33%

Average Monthly Net Salary (After Tax)

$5,227 ₩7.0M

$2,366 ₩3.2M

120.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

3.65

12.33%

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

Last update for Pangyo: October 24, 2026

Last update for Daejeon: October 25, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$420 28.6%

Daejeon

$450 33% 7.3% $31

Accommodation & Living

Pangyo

$348 23.7%

Daejeon

$301 22.1% 13.5% $47

Monthly Utilities & Internet

Pangyo

$267 18.2%

Daejeon

$239 17.5% 10.6% $28

Eating Out

Pangyo

$160 10.9%

Daejeon

$157 11.5% 2.3% $3.7

Clothing & Footwear

Pangyo

$134 9.1%

Daejeon

$138 10.1% 3% $4.1

Sport & Entertainment

Pangyo

$78 5.3%

Daejeon

$57 4.2% 27.1% $21

Getting Around

Pangyo

$61 4.1%

Daejeon

$23 1.7% 62% $38

Cost Breakdown

A central one-bedroom costs $493 in Pangyo versus $371 in Daejeon. 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 2.2 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35 in Pangyo versus $37 in Daejeon. Monthly groceries follow the same trend: $420 vs $450 – making Pangyo the more affordable choice for daily food spending.

Good to know

🇰🇷 Pangyo

🇰🇷 Daejeon

🕒 Local time

03:52 3:52 AM

Same time as Pangyo

🌤 Weather

👥 Population

1,537,324

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

Exchange rates and currency converter

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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

Pangyo vs Daejeon: Cost of Living - Frequently Asked Questions

Pangyo costs about 8% more than Daejeon, 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 $2,201 per month in Pangyo and $2,047 in Daejeon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Daejeon, especially for central apartments: a one-bedroom in the center costs $371 there versus $493 in Pangyo.

Monthly expenses with rent come to $1,467 in Pangyo and $1,365 in Daejeon. That makes Daejeon about 7% cheaper.

Public transport costs about 77% less in Daejeon. For daily commuters, that gap adds up to noticeable savings over a year.

$1,000 is a stretch for both – monthly costs hit $1,467 in Pangyo and $1,365 in Daejeon. You’ll need shared housing and careful budgeting no matter which city you pick.

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

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