Cost of Living Comparison Between Pangyo and Geoje Cost of Living Comparison Between Pangyo and Geoje

Monthly Cost of Living

A single person spends $1,491 per month in Pangyo vs $1,702 in Geoje, rent included.

A couple spends around $2,308 per month in Pangyo vs $2,622 in Geoje, rent included.

A family of three spends $3,125 per month in Pangyo vs $3,542 in Geoje, rent included.

Pangyo is about 12% cheaper than Geoje, driven mainly by Sport & Entertainment.

Both Pangyo and Geoje sit above the global median – Pangyo by 9%, Geoje by 24%.

Meal at Budget Restaurant

$7.22 ₩9,947

$7.37 ₩10.2K

-2.04%

Three-Course Dinner for Two, Mid-Range

$34.32 ₩47.3K

$47.38 ₩65.3K

-27.56%

Fast Food Meal (McDonalds, etc)

$6.55 ₩9,021

$6.56 ₩9,042

-0.15%

Cappuccino

$3.69 ₩5,080

$3.68 ₩5,066

0.27%

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

$1.52 ₩2,089

$1.79 ₩2,470

-15.08%

Water (0.33 liter bottle)

$0.67 ₩919

$1.08 ₩1,486

-37.96%

Local Beer (0.5 liter draught)

$3.50 ₩4,828

$1.85 ₩2,546

89.19%

Imported Beer (0.33 liter bottle)

$4.31 ₩5,936

$3.66 ₩5,047

17.76%

Milk (1 liter)

$2.26 ₩3,113

$2.24 ₩3,084

0.89%

White Bread (500g)

$3.04 ₩4,187

$2.94 ₩4,049

3.40%

Rice (white) (1kg)

$2.95 ₩4,068

$3.09 ₩4,264

-4.53%

Eggs

$2.71 ₩3,729

$2.64 ₩3,635

2.65%

Local Cheese (1kg)

$10.97 ₩15.1K

$11.11 ₩15.3K

-1.26%

Chicken Fillets (1kg)

$7.88 ₩10.9K

$7.15 ₩9,857

10.21%

Beef Round Steak (1kg)

$21.86 ₩30.1K

$22.19 ₩30.6K

-1.49%

Apples (1kg)

$7.63 ₩10.5K

$10.94 ₩15.1K

-30.26%

Banana (1kg)

$3.66 ₩5,038

$3.52 ₩4,846

3.98%

Oranges (1kg)

$7.40 ₩10.2K

$5.76 ₩7,943

28.47%

Tomato (1kg)

$5.75 ₩7,922

$6.04 ₩8,331

-4.80%

Potato (1kg)

$4.29 ₩5,913

$5.89 ₩8,116

-27.16%

Onion (1kg)

$2.66 ₩3,660

$3.23 ₩4,448

-17.65%

Lettuce (1 head)

$2.74 ₩3,781

$2.85 ₩3,934

-3.86%

Water (1.5 liter bottle)

$1.28 ₩1,765

$1.32 ₩1,824

-3.03%

Cigarettes 20 Pack (Marlboro, Camel)

$3.25 ₩4,477

$3.26 ₩4,499

-0.31%

Wine (Bottle)

$18.76 ₩25.9K

$12.86 ₩17.7K

45.88%

Local Beer (0.5 liter bottle)

$2.20 ₩3,027

$1.89 ₩2,606

16.40%

Imported Beer (0.33 liter bottle)

$3.35 ₩4,619

$3.45 ₩4,761

-2.90%

One-way Ticket (Public Transport)

$1.09 ₩1,504

$1.29 ₩1,773

-15.50%

Public Transport Monthly Pass (Regular Price)

$48.71 ₩67.1K

Taxi Start (Normal Tariff)

$3.29 ₩4,528

$2.90 ₩3,992

13.45%

Taxi (Normal Tariff) (1km)

$0.62 ₩854

$0.76 ₩1,046

-18.42%

Taxi 1hour Waiting (Normal Tariff)

$16.70 ₩23.0K

$16.76 ₩23.1K

-0.36%

Gasoline (1 liter)

$1.39 ₩1,920

$1.39 ₩1,916

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

$29.7K ₩40.9M

$29.6K ₩40.8M

0.23%

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

$33.6K ₩46.3M

$32.9K ₩45.3M

2.09%

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

$202 ₩278.8K

$199 ₩273.7K

1.86%

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

$36.90 ₩50.9K

$36.26 ₩50.0K

1.77%

Internet (50+ Mbps, Unlimited Data)

$22.69 ₩31.3K

$26.54 ₩36.6K

-14.51%

Gym Membership (Monthly)

$55.2 ₩76.1K

$129 ₩177.2K

-57.07%

Tennis Court (1 Hour on Weekend)

$11.72 ₩16.2K

Cinema Ticket

$11.13 ₩15.3K

$11.84 ₩16.3K

-6.00%

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

$580 ₩799.2K

$640 ₩882.7K

-9.46%

International Primary School, 1 Child (Yearly)

$21.8K ₩30.0M

$21.7K ₩29.9M

0.62%

Jeans (Levis 501 Or Similar)

$64.0 ₩88.2K

$104 ₩142.8K

-38.22%

Summer Dress (H&M, Zara, etc)

$61.9 ₩85.3K

$65.3 ₩90.0K

-5.19%

Sport Shoes (Adidas, Nike)

$73.9 ₩101.8K

$52.5 ₩72.3K

40.88%

Men's Leather Business Shoes

$99.1 ₩136.6K

$126 ₩174.2K

-21.59%

1-bedroom Apartment, City Center (Monthly)

$449 ₩618.7K

$655 ₩903.3K

-31.51%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩479.0K

$566 ₩779.5K

-38.55%

3-bedroom Apartment, City Center (Monthly)

$1,149 ₩1.6M

$1,136 ₩1.6M

1.16%

3-bedroom Apartment, Outside City Center (Monthly)

$741 ₩1.0M

$1,051 ₩1.4M

-29.50%

Buy Apartment in City Center (m2)

$7,207 ₩9.9M

Buy Apartment Outside City Center (m2)

$5,452 ₩7.5M

Average Monthly Net Salary (After Tax)

$5,228 ₩7.2M

$1,721 ₩2.4M

203.86%

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: September 14, 2026

Last update for Geoje: September 13, 2026

Cost Breakdown

A central one-bedroom costs $449 in Pangyo versus $655 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 run about 204% 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 $34.00 in Pangyo versus $47.00 in Geoje. Monthly groceries follow the same trend: $432 vs $433 – making Pangyo the more affordable choice for daily food spending.

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 14% more than Pangyo, with the gap driven mainly by Sport & Entertainment. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,237 per month in Pangyo and $2,553 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,491 in Pangyo and $1,702 in Geoje. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $580 per month in Pangyo and $640 in Geoje. 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 $1,491, than in Geoje at $1,702. In Pangyo it covers expenses comfortably, while in Geoje 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, Geoje makes more sense. Both are solid long-term options with distinct trade-offs.