Last update: Nov 2026

Cost of Living Comparison Between Pangyo and Gimcheon

For one person, living is cheaper in Gimcheon: $1,412 a month against $1,458 in Pangyo, rent and utilities included – about $550 less a year. The total is higher in Pangyo despite lower rent and utilities.

71

Cost of Living Index in Pangyo
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Pangyo Living Index
67

Cost of Living Index in Gimcheon
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Gimcheon Living Index

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Pangyo

🇰🇷 South Korea

$1,458

/mo nomad

Gimcheon

🇰🇷 South Korea

$1,412

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Gimcheon

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

A single person spends $1,458 per month in Pangyo vs $1,412 in Gimcheon, rent included.

Pangyo $1,458
Gimcheon $1,412

A couple spends around $2,354 per month in Pangyo vs $2,305 in Gimcheon, rent included.

Pangyo $2,354
Gimcheon $2,305

A family of three spends $3,249 per month in Pangyo vs $3,198 in Gimcheon, rent included.

Pangyo $3,249
Gimcheon $3,198

Pangyo costs about 3% more than Gimcheon, and outside of rent the biggest gap is in transport.

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

Meal at Budget Restaurant

$6.35 ₩8,613

$5.83 ₩7,916

8.92%

Three-Course Dinner for Two, Mid-Range

$36.79 ₩49.9K

$34.57 ₩46.9K

6.42%

Fast Food Meal (McDonalds, etc)

$7.47 ₩10.1K

$6.87 ₩9,316

8.73%

Cappuccino

$3.12 ₩4,230

$3.61 ₩4,903

-13.57%

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

$1.70 ₩2,304

$1.60 ₩2,169

6.25%

Water (0.33 liter bottle)

$0.78 ₩1,062

$0.62 ₩838

25.81%

Local Beer (0.5 liter draught)

$3.25 ₩4,410

$3.42 ₩4,634

-4.97%

Imported Beer (0.33 liter bottle)

$3.89 ₩5,279

$4.50 ₩6,109

-13.56%

Milk (1 liter)

$2.16 ₩2,932

$2.18 ₩2,963

-0.92%

White Bread (500g)

$3.10 ₩4,209

$3.18 ₩4,319

-2.52%

Rice (white) (1kg)

$2.64 ₩3,576

$2.67 ₩3,619

-1.12%

Eggs

$2.73 ₩3,701

$3.18 ₩4,319

-14.15%

Local Cheese (1kg)

$11.26 ₩15.3K

$15.50 ₩21.0K

-27.35%

Chicken Fillets (1kg)

$10.21 ₩13.9K

$10.43 ₩14.2K

-2.11%

Beef Round Steak (1kg)

$21.25 ₩28.8K

$11.37 ₩15.4K

86.90%

Apples (1kg)

$7.48 ₩10.2K

$6.92 ₩9,385

8.09%

Banana (1kg)

$3.12 ₩4,234

$2.50 ₩3,392

24.80%

Oranges (1kg)

$5.52 ₩7,490

$4.54 ₩6,156

21.59%

Tomato (1kg)

$6.08 ₩8,246

$6.76 ₩9,175

-10.06%

Potato (1kg)

$3.67 ₩4,982

$3.39 ₩4,596

8.26%

Onion (1kg)

$2.58 ₩3,496

$2.58 ₩3,507

Lettuce (1 head)

$2.84 ₩3,856

$2.09 ₩2,835

35.89%

Water (1.5 liter bottle)

$1.27 ₩1,730

$1.27 ₩1,728

Cigarettes 20 Pack (Marlboro, Camel)

$3.37 ₩4,571

$3.44 ₩4,665

-2.03%

Wine (Bottle)

$13.40 ₩18.2K

$13.44 ₩18.2K

-0.30%

Local Beer (0.5 liter bottle)

$2.28 ₩3,093

$2.23 ₩3,031

2.24%

Imported Beer (0.33 liter bottle)

$3.50 ₩4,744

$4.03 ₩5,470

-13.15%

One-way Ticket (Public Transport)

$1.10 ₩1,489

$1.12 ₩1,523

-1.79%

Public Transport Monthly Pass (Regular Price)

$47.96 ₩65.1K

Taxi Start (Normal Tariff)

$3.62 ₩4,916

$2.89 ₩3,923

25.26%

Taxi (Normal Tariff) (1km)

$0.66 ₩895

$0.61 ₩829

8.20%

Taxi 1hour Waiting (Normal Tariff)

$8.90 ₩12.1K

$8.22 ₩11.2K

8.27%

Gasoline (1 liter)

$1.41 ₩1,912

$1.08 ₩1,466

30.56%

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

$28.2K ₩38.3M

$29.8K ₩40.5M

-5.39%

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

$34.5K ₩46.8M

$36.0K ₩48.8M

-4.15%

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

$201 ₩273.2K

$212 ₩288.2K

-5.20%

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

$35.81 ₩48.6K

$42.61 ₩57.8K

-15.96%

Internet (50+ Mbps, Unlimited Data)

$21.13 ₩28.7K

$20.97 ₩28.5K

0.76%

Gym Membership (Monthly)

$52.3 ₩71.0K

$51.1 ₩69.3K

2.45%

Tennis Court (1 Hour on Weekend)

$13.94 ₩18.9K

$15.58 ₩21.1K

-10.53%

Cinema Ticket

$10.96 ₩14.9K

$10.99 ₩14.9K

-0.27%

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

$446 ₩605.0K

$305 ₩413.9K

46.16%

International Primary School, 1 Child (Yearly)

$21.6K ₩29.3M

$17.6K ₩23.8M

22.80%

Jeans (Levis 501 Or Similar)

$60.5 ₩82.1K

$66.3 ₩89.9K

-8.77%

Summer Dress (H&M, Zara, etc)

$57.6 ₩78.2K

$63.1 ₩85.6K

-8.67%

Sport Shoes (Adidas, Nike)

$73.1 ₩99.1K

$73.5 ₩99.8K

-0.65%

Men's Leather Business Shoes

$98.1 ₩133.2K

$99.5 ₩134.9K

-1.33%

1-bedroom Apartment, City Center (Monthly)

$491 ₩665.9K

$491 ₩666.9K

-0.15%

1-bedroom Apartment, Outside City Center (Monthly)

$372 ₩505.4K

$375 ₩508.3K

-0.57%

3-bedroom Apartment, City Center (Monthly)

$1,240 ₩1.7M

$1,323 ₩1.8M

-6.25%

3-bedroom Apartment, Outside City Center (Monthly)

$936 ₩1.3M

$1,018 ₩1.4M

-8.00%

Buy Apartment in City Center (m2)

$6,805 ₩9.2M

$7,220 ₩9.8M

-5.74%

Buy Apartment Outside City Center (m2)

$5,450 ₩7.4M

$4,886 ₩6.6M

11.55%

Average Monthly Net Salary (After Tax)

$5,113 ₩6.9M

$1,875 ₩2.5M

172.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

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

Last update for Pangyo: November 1, 2026

Last update for Gimcheon: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$419 28.8%

Gimcheon

$396 28.1% 5.4% $23

Accommodation & Living

Pangyo

$372 25.5%

Gimcheon

$375 26.5% 0.6% $2.1

Monthly Utilities & Internet

Pangyo

$258 17.7%

Gimcheon

$276 19.5% 6.8% $18

Eating Out

Pangyo

$145 9.9%

Gimcheon

$146 10.3% 0.7% $1

Clothing & Footwear

Pangyo

$130 8.9%

Gimcheon

$136 9.6% 4.5% $5.9

Sport & Entertainment

Pangyo

$74 5.1%

Gimcheon

$73 5.2% 1.6% $1.2

Getting Around

Pangyo

$59 4.1%

Gimcheon

$10 * 0.7% 82.4% $49

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

Cost Breakdown

A central one-bedroom costs $491 in Pangyo versus $491 in Gimcheon. 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 2.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37 in Pangyo versus $35 in Gimcheon. Monthly groceries follow the same trend: $419 vs $396 – making Gimcheon the more affordable choice for daily food spending.

Good to know

🇰🇷 Pangyo

🇰🇷 Gimcheon

🕒 Local time

11:53 11:53 AM

Same time as Pangyo

🌤 Weather

👥 Population

143,056

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.37 USD

10,000 KRW = 6.56 EUR

10,000 KRW = 7.37 USD

10,000 KRW = 6.56 EUR

Exchange rates and currency converter

On the map

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Pangyo Gimcheon 170 km

From you

Pangyo
Gimcheon

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 Gimcheon: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 3%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,187 per month in Pangyo and $2,118 in Gimcheon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $491 in Pangyo and $491 in Gimcheon. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,458 in Pangyo and $1,412 in Gimcheon. That makes Gimcheon about 3% cheaper.

Kindergarten costs $446 per month in Pangyo and $305 in Gimcheon. For families with young kids, this one expense can tip the scales when choosing between the two cities.

It depends on your priorities. Gimcheon has an edge in some lifestyle areas, with costs from $1,412 in Gimcheon to $1,458 in Pangyo. Climate, culture, job market, and personal taste all factor in.

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