Last update: Nov 2026

Cost of Living Comparison Between Pangyo and Gimhae

For one person, living is cheaper in Pangyo: $1,458 a month against $1,553 in Gimhae, rent and utilities included – about $1,100 less a year. Other living expenses account for most of the difference.

71

Cost of Living Index in Pangyo
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Pangyo Living Index
74

Cost of Living Index in Gimhae
Learn more

Gimhae Living Index

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Pangyo

🇰🇷 South Korea

$1,458

/mo nomad

Gimhae

🇰🇷 South Korea

$1,553

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Gimhae

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

Monthly costs for one person with rent: $1,458 in Pangyo versus $1,553 in Gimhae.

Pangyo $1,458
Gimhae $1,553

Estimated couple costs with rent: $2,354 in Pangyo versus $2,462 in Gimhae.

Pangyo $2,354
Gimhae $2,462

Monthly costs for a family of three with rent: $3,249 in Pangyo versus $3,371 in Gimhae.

Pangyo $3,249
Gimhae $3,371

Living in Pangyo costs roughly 6% less than in Gimhae, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Pangyo 8% above, Gimhae 15% above.

Meal at Budget Restaurant

$6.35 ₩8,509

$7.61 ₩10.2K

-16.56%

Three-Course Dinner for Two, Mid-Range

$36.79 ₩49.3K

$49.21 ₩66.0K

-25.24%

Fast Food Meal (McDonalds, etc)

$7.47 ₩10.0K

$6.69 ₩8,970

11.66%

Cappuccino

$3.12 ₩4,179

$3.76 ₩5,037

-17.02%

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

$1.70 ₩2,276

$1.87 ₩2,510

-9.09%

Water (0.33 liter bottle)

$0.78 ₩1,049

$1.39 ₩1,865

-43.88%

Local Beer (0.5 liter draught)

$3.25 ₩4,357

$3.76 ₩5,041

-13.56%

Imported Beer (0.33 liter bottle)

$3.89 ₩5,215

$4.39 ₩5,882

-11.39%

Milk (1 liter)

$2.16 ₩2,897

$2.31 ₩3,102

-6.49%

White Bread (500g)

$3.10 ₩4,158

$3.24 ₩4,344

-4.32%

Rice (white) (1kg)

$2.64 ₩3,533

$3.05 ₩4,093

-13.44%

Eggs

$2.73 ₩3,657

$2.61 ₩3,504

4.60%

Local Cheese (1kg)

$11.26 ₩15.1K

$11.14 ₩14.9K

1.08%

Chicken Fillets (1kg)

$10.21 ₩13.7K

$10.49 ₩14.1K

-2.67%

Beef Round Steak (1kg)

$21.25 ₩28.5K

$24.45 ₩32.8K

-13.09%

Apples (1kg)

$7.48 ₩10.0K

$10.94 ₩14.7K

-31.63%

Banana (1kg)

$3.12 ₩4,183

$3.55 ₩4,758

-12.11%

Oranges (1kg)

$5.52 ₩7,399

$8.18 ₩11.0K

-32.52%

Tomato (1kg)

$6.08 ₩8,146

$5.84 ₩7,826

4.11%

Potato (1kg)

$3.67 ₩4,921

$6.03 ₩8,079

-39.14%

Onion (1kg)

$2.58 ₩3,453

$3.29 ₩4,415

-21.58%

Lettuce (1 head)

$2.84 ₩3,809

$2.75 ₩3,686

3.27%

Water (1.5 liter bottle)

$1.27 ₩1,709

$1.33 ₩1,785

-4.51%

Cigarettes 20 Pack (Marlboro, Camel)

$3.37 ₩4,515

$3.26 ₩4,373

3.37%

Wine (Bottle)

$13.40 ₩18.0K

$18.65 ₩25.0K

-28.15%

Local Beer (0.5 liter bottle)

$2.28 ₩3,055

$2.37 ₩3,174

-3.80%

Imported Beer (0.33 liter bottle)

$3.50 ₩4,687

$3.53 ₩4,732

-0.85%

One-way Ticket (Public Transport)

$1.10 ₩1,471

$1.21 ₩1,621

-9.09%

Public Transport Monthly Pass (Regular Price)

$47.96 ₩64.3K

Taxi Start (Normal Tariff)

$3.62 ₩4,856

$3.47 ₩4,653

4.32%

Taxi (Normal Tariff) (1km)

$0.66 ₩884

$0.67 ₩895

-1.49%

Taxi 1hour Waiting (Normal Tariff)

$8.90 ₩11.9K

$14.75 ₩19.8K

-39.66%

Gasoline (1 liter)

$1.41 ₩1,889

$1.27 ₩1,707

11.02%

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

$28.2K ₩37.8M

$39.7K ₩53.2M

-28.83%

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

$34.5K ₩46.2M

$33.4K ₩44.8M

3.22%

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

$201 ₩269.9K

$195 ₩261.8K

3.11%

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

$35.81 ₩48.0K

$36.82 ₩49.4K

-2.74%

Internet (50+ Mbps, Unlimited Data)

$21.13 ₩28.3K

$27.09 ₩36.3K

-22.00%

Gym Membership (Monthly)

$52.3 ₩70.1K

$46.27 ₩62.0K

13.08%

Tennis Court (1 Hour on Weekend)

$13.94 ₩18.7K

$15.19 ₩20.4K

-8.23%

Cinema Ticket

$10.96 ₩14.7K

$11.94 ₩16.0K

-8.21%

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

$446 ₩597.6K

$630 ₩844.4K

-29.22%

International Primary School, 1 Child (Yearly)

$21.6K ₩28.9M

$21.8K ₩29.2M

-0.82%

Jeans (Levis 501 Or Similar)

$60.5 ₩81.1K

$102 ₩137.1K

-40.89%

Summer Dress (H&M, Zara, etc)

$57.6 ₩77.2K

$65.1 ₩87.2K

-11.44%

Sport Shoes (Adidas, Nike)

$73.1 ₩97.9K

$93.9 ₩125.9K

-22.19%

Men's Leather Business Shoes

$98.1 ₩131.5K

$127 ₩169.9K

-22.57%

1-bedroom Apartment, City Center (Monthly)

$491 ₩657.8K

$505 ₩676.3K

-2.73%

1-bedroom Apartment, Outside City Center (Monthly)

$372 ₩499.2K

$388 ₩519.8K

-3.96%

3-bedroom Apartment, City Center (Monthly)

$1,240 ₩1.7M

$1,203 ₩1.6M

3.13%

3-bedroom Apartment, Outside City Center (Monthly)

$936 ₩1.3M

$801 ₩1.1M

16.82%

Buy Apartment in City Center (m2)

$6,805 ₩9.1M

$7,801 ₩10.5M

-12.76%

Buy Apartment Outside City Center (m2)

$5,450 ₩7.3M

$5,673 ₩7.6M

-3.93%

Average Monthly Net Salary (After Tax)

$5,113 ₩6.9M

$2,533 ₩3.4M

101.83%

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: November 1, 2026

Last update for Gimhae: November 3, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$419 28.8%

Gimhae

$483 31.1% 15.2% $64

Accommodation & Living

Pangyo

$372 25.5%

Gimhae

$388 25% 4.1% $15

Monthly Utilities & Internet

Pangyo

$258 17.7%

Gimhae

$259 16.7% 0.3% $0.9

Eating Out

Pangyo

$145 9.9%

Gimhae

$167 10.7% 15.3% $22

Clothing & Footwear

Pangyo

$130 8.9%

Gimhae

$175 11.2% 34.1% $44

Sport & Entertainment

Pangyo

$74 5.1%

Gimhae

$70 4.5% 5.5% $4.1

Getting Around

Pangyo

$59 4.1%

Gimhae

$12 * 0.8% 80.3% $48

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

Cost Breakdown

A one-bedroom apartment in the center runs $491 in Pangyo and $505 in Gimhae. Housing cost is often the main lever when comparing two cities.

Pangyo pays about 2 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $37 in Pangyo vs $49 in Gimhae for a mid-range dinner for two. Groceries echo the gap at $419 vs $483 per month, with Pangyo cheaper across the board.

Good to know

🇰🇷 Pangyo

🇰🇷 Gimhae

🕒 Local time

13:45 1:45 PM

Same time as Pangyo

🌤 Weather

👥 Population

532,132

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.46 USD

10,000 KRW = 6.63 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.63 EUR

Exchange rates and currency converter

On the map

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Pangyo Gimhae 290 km

From you

Pangyo
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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 Gimhae: Cost of Living - Frequently Asked Questions

Pangyo wins on cost – living expenses run 6% lower than in Gimhae. Housing and daily spending are where you’ll feel the difference most, making Pangyo the obvious pick if budget is a priority.

Average pay in Pangyo is about 2 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $491 in Pangyo versus $505 in Gimhae. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $446 in Pangyo versus $630 in Gimhae. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Pangyo – a meal for two runs $37 versus $49 in Gimhae. If you eat out regularly, this makes a real dent in your monthly spending.

For families, Pangyo is more practical. Housing and childcare are both notably cheaper than in Gimhae, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Pangyo and Gimhae are both considered safe, so it’s unlikely to be the deciding factor between them.