Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Geoje

For one person, living is cheaper in Pangyo: $1,467 a month against $1,762 in Geoje, rent and utilities included – about $3,500 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
84

Cost of Living Index in Geoje
Learn more

Geoje Living Index

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Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Geoje

🇰🇷 South Korea

$1,762

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Geoje

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

A single person spends $1,467 per month in Pangyo vs $1,762 in Geoje, rent included.

Pangyo $1,467
Geoje $1,762

A couple spends around $2,284 per month in Pangyo vs $2,693 in Geoje, rent included.

Pangyo $2,284
Geoje $2,693

A family of three spends $3,102 per month in Pangyo vs $3,624 in Geoje, rent included.

Pangyo $3,102
Geoje $3,624

Pangyo is about 17% cheaper than Geoje, and outside of rent the biggest gap is in leisure.

Both Pangyo and Geoje sit above the global median – Pangyo by 8%, Geoje by 29%.

Meal at Budget Restaurant

$7.37 ₩9,838

$7.34 ₩9,802

0.41%

Three-Course Dinner for Two, Mid-Range

$35.34 ₩47.2K

$49.85 ₩66.5K

-29.11%

Fast Food Meal (McDonalds, etc)

$6.76 ₩9,031

$6.67 ₩8,911

1.35%

Cappuccino

$3.75 ₩5,008

$3.78 ₩5,051

-0.79%

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

$1.55 ₩2,064

$1.86 ₩2,488

-16.67%

Water (0.33 liter bottle)

$0.71 ₩951

$1.16 ₩1,547

-38.79%

Local Beer (0.5 liter draught)

$3.58 ₩4,785

$1.87 ₩2,498

91.44%

Imported Beer (0.33 liter bottle)

$4.58 ₩6,115

$3.83 ₩5,115

19.58%

Milk (1 liter)

$2.22 ₩2,963

$2.36 ₩3,153

-5.93%

White Bread (500g)

$3.14 ₩4,193

$2.90 ₩3,870

8.28%

Rice (white) (1kg)

$2.66 ₩3,548

$3.19 ₩4,261

-16.61%

Eggs

$2.73 ₩3,647

$2.73 ₩3,639

Local Cheese (1kg)

$11.04 ₩14.7K

$10.95 ₩14.6K

0.82%

Chicken Fillets (1kg)

$7.74 ₩10.3K

$7.29 ₩9,735

6.17%

Beef Round Steak (1kg)

$20.46 ₩27.3K

$22.86 ₩30.5K

-10.50%

Apples (1kg)

$7.46 ₩9,956

$11.13 ₩14.9K

-32.97%

Banana (1kg)

$3.31 ₩4,420

$3.76 ₩5,017

-11.97%

Oranges (1kg)

$6.59 ₩8,798

$6.08 ₩8,119

8.39%

Tomato (1kg)

$5.98 ₩7,988

$5.90 ₩7,876

1.36%

Potato (1kg)

$3.60 ₩4,806

$5.88 ₩7,844

-38.78%

Onion (1kg)

$2.62 ₩3,499

$3.27 ₩4,363

-19.88%

Lettuce (1 head)

$2.73 ₩3,647

$2.85 ₩3,799

-4.21%

Water (1.5 liter bottle)

$1.34 ₩1,786

$1.29 ₩1,727

3.88%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,386

$3.32 ₩4,436

-0.90%

Wine (Bottle)

$18.41 ₩24.6K

$13.40 ₩17.9K

37.39%

Local Beer (0.5 liter bottle)

$2.23 ₩2,976

$1.86 ₩2,484

19.89%

Imported Beer (0.33 liter bottle)

$3.41 ₩4,558

$3.58 ₩4,785

-4.75%

One-way Ticket (Public Transport)

$1.12 ₩1,493

$1.25 ₩1,671

-10.40%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.8K

Taxi Start (Normal Tariff)

$3.52 ₩4,699

$2.95 ₩3,941

19.32%

Taxi (Normal Tariff) (1km)

$0.67 ₩891

$0.78 ₩1,037

-14.10%

Taxi 1hour Waiting (Normal Tariff)

$9.26 ₩12.4K

$16.68 ₩22.3K

-44.48%

Gasoline (1 liter)

$1.35 ₩1,797

$1.36 ₩1,818

-0.74%

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

$29.4K ₩39.2M

$39.6K ₩52.9M

-25.80%

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

$33.9K ₩45.3M

$34.6K ₩46.2M

-2.15%

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

$209 ₩278.7K

$203 ₩271.2K

2.76%

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

$36.82 ₩49.2K

$36.39 ₩48.6K

1.18%

Internet (50+ Mbps, Unlimited Data)

$21.24 ₩28.4K

$27.47 ₩36.7K

-22.68%

Gym Membership (Monthly)

$55.4 ₩74.0K

$132 ₩176.3K

-58.06%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.6K

Cinema Ticket

$11.11 ₩14.8K

$12.17 ₩16.3K

-8.71%

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

$381 ₩508.2K

$633 ₩845.4K

-39.89%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.8M

$22.3K ₩29.8M

-3.38%

Jeans (Levis 501 Or Similar)

$62.1 ₩82.9K

$104 ₩139.3K

-40.46%

Summer Dress (H&M, Zara, etc)

$61.4 ₩81.9K

$65.7 ₩87.7K

-6.62%

Sport Shoes (Adidas, Nike)

$74.7 ₩99.7K

$52.5 ₩70.1K

42.22%

Men's Leather Business Shoes

$99.8 ₩133.2K

$127 ₩169.9K

-21.61%

1-bedroom Apartment, City Center (Monthly)

$493 ₩658.6K

$671 ₩896.0K

-26.49%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩464.8K

$576 ₩768.8K

-39.54%

3-bedroom Apartment, City Center (Monthly)

$1,157 ₩1.5M

$1,184 ₩1.6M

-2.22%

3-bedroom Apartment, Outside City Center (Monthly)

$742 ₩990.8K

$1,038 ₩1.4M

-28.53%

Buy Apartment in City Center (m2)

$7,115 ₩9.5M

Buy Apartment Outside City Center (m2)

$5,495 ₩7.3M

Average Monthly Net Salary (After Tax)

$5,227 ₩7.0M

$1,770 ₩2.4M

195.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

4.22

-2.84%

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

Last update for Pangyo: October 24, 2026

Last update for Geoje: October 26, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$420 28.6%

Geoje

$441 25% 5% $21

Accommodation & Living

Pangyo

$348 23.7%

Geoje

$576 32.7% 65.4% $228

Monthly Utilities & Internet

Pangyo

$267 18.2%

Geoje

$267 15.2% 0.1% $0.2

Eating Out

Pangyo

$160 10.9%

Geoje

$153 8.7% 4.4% $7.1

Clothing & Footwear

Pangyo

$134 9.1%

Geoje

$157 8.9% 17.4% $23

Sport & Entertainment

Pangyo

$78 5.3%

Geoje

$156 8.9% 102% $79

Getting Around

Pangyo

$61 4.1%

Geoje

$12 * 0.7% 80.5% $49

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

Cost Breakdown

A central one-bedroom costs $493 in Pangyo versus $671 in Geoje. 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, 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 $35 in Pangyo versus $50 in Geoje. Monthly groceries follow the same trend: $420 vs $441 – making Pangyo the more affordable choice for daily food spending.

Good to know

🇰🇷 Pangyo

🇰🇷 Geoje

🕒 Local time

01:03 1:03 AM

Same time as Pangyo

🌤 Weather

👥 Population

254,073

💱 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

On the map

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Pangyo Geoje 310 km

From you

Pangyo
Geoje

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 Geoje: Cost of Living - Frequently Asked Questions

Geoje costs about 20% more than Pangyo, and outside of rent the gap comes mainly from leisure. 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 $2,643 in Geoje. 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: a one-bedroom in the center costs $493 there versus $671 in Geoje.

Monthly expenses with rent come to $1,467 in Pangyo and $1,762 in Geoje. That makes Pangyo about 17% cheaper.

Kindergarten costs $381 per month in Pangyo and $633 in Geoje. For families with young kids, this one expense can tip the scales when choosing between the two cities.

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 cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.