Cost of Living Comparison Between Pangyo and Gimhae Cost of Living Comparison Between Pangyo and Gimhae

Monthly Cost of Living

Monthly costs for one person with rent: $1,472 in Pangyo versus $1,487 in Gimhae.

Estimated couple costs with rent: $2,272 in Pangyo versus $2,342 in Gimhae.

Monthly costs for a family of three with rent: $3,071 in Pangyo versus $3,196 in Gimhae.

Living in Pangyo costs roughly 1% less than in Gimhae, driven mainly by Getting Around.

Both cities are pricier than the global median: Pangyo 10% above, Gimhae 11% above.

Meal at Budget Restaurant

$7.18 ₩10.9K

$6.98 ₩10.6K

2.87%

Three-Course Dinner for Two, Mid-Range

$36.12 ₩54.7K

$36.17 ₩54.8K

-0.14%

Fast Food Meal (McDonalds, etc)

$5.59 ₩8,463

$6.22 ₩9,431

-10.13%

Cappuccino

$3.95 ₩5,987

$4.18 ₩6,337

-5.50%

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

$1.52 ₩2,301

$1.88 ₩2,845

-19.15%

Water (0.33 liter bottle)

$0.83 ₩1,264

$1.33 ₩2,009

-37.59%

Local Beer (0.5 liter draught)

$3.29 ₩4,987

$3.57 ₩5,412

-7.84%

Imported Beer (0.33 liter bottle)

$5.07 ₩7,675

$5.92 ₩8,964

-14.36%

Milk (1 liter)

$2.15 ₩3,256

$2.31 ₩3,504

-6.93%

White Bread (500g)

$3.09 ₩4,676

$3.51 ₩5,317

-11.97%

Rice (white) (1kg)

$3.10 ₩4,703

$2.99 ₩4,536

3.68%

Eggs

$3.01 ₩4,564

$3.01 ₩4,562

Local Cheese (1kg)

$10.60 ₩16.1K

$10.42 ₩15.8K

1.73%

Chicken Fillets (1kg)

$8.01 ₩12.1K

$8.00 ₩12.1K

0.12%

Beef Round Steak (1kg)

$27.61 ₩41.8K

$27.52 ₩41.7K

0.33%

Apples (1kg)

$8.00 ₩12.1K

$8.30 ₩12.6K

-3.61%

Banana (1kg)

$3.24 ₩4,903

$3.23 ₩4,887

0.31%

Oranges (1kg)

$5.46 ₩8,271

$7.29 ₩11.0K

-25.10%

Tomato (1kg)

$5.15 ₩7,805

$5.20 ₩7,875

-0.96%

Potato (1kg)

$3.96 ₩6,006

$5.12 ₩7,758

-22.66%

Onion (1kg)

$2.98 ₩4,509

$2.92 ₩4,429

2.05%

Lettuce (1 head)

$2.14 ₩3,239

$2.04 ₩3,086

4.90%

Water (1.5 liter bottle)

$1.15 ₩1,744

$1.17 ₩1,768

-1.71%

Cigarettes 20 Pack (Marlboro, Camel)

$3.22 ₩4,876

$3.35 ₩5,081

-3.88%

Wine (Bottle)

$16.41 ₩24.9K

$16.45 ₩24.9K

-0.24%

Local Beer (0.5 liter bottle)

$1.89 ₩2,866

$1.77 ₩2,677

6.78%

Imported Beer (0.33 liter bottle)

$3.33 ₩5,042

$3.34 ₩5,061

-0.30%

One-way Ticket (Public Transport)

$1.12 ₩1,694

$1.07 ₩1,626

4.67%

Public Transport Monthly Pass (Regular Price)

$47.67 ₩72.2K

Taxi Start (Normal Tariff)

$3.61 ₩5,466

Taxi (Normal Tariff) (1km)

$0.53 ₩802

$0.78 ₩1,188

-32.05%

Taxi 1hour Waiting (Normal Tariff)

$8.73 ₩13.2K

$16.51 ₩25.0K

-47.12%

Gasoline (1 liter)

$1.18 ₩1,780

$1.22 ₩1,855

-3.28%

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

$27.4K ₩41.5M

$27.6K ₩41.8M

-0.60%

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

$24.8K ₩37.6M

$24.6K ₩37.3M

0.76%

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

$162 ₩245.9K

$189 ₩286.5K

-14.19%

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

$35.40 ₩53.6K

$50.6 ₩76.6K

-29.97%

Internet (50+ Mbps, Unlimited Data)

$21.84 ₩33.1K

$27.71 ₩42.0K

-21.18%

Gym Membership (Monthly)

$46.97 ₩71.2K

$47.25 ₩71.6K

-0.59%

Tennis Court (1 Hour on Weekend)

$33.70 ₩51.1K

Cinema Ticket

$10.97 ₩16.6K

$11.60 ₩17.6K

-5.43%

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

$419 ₩634.3K

$490 ₩743.1K

-14.64%

International Primary School, 1 Child (Yearly)

$23.5K ₩35.6M

$13.9K ₩21.1M

68.72%

Jeans (Levis 501 Or Similar)

$58.1 ₩88.0K

$102 ₩154.4K

-43.01%

Summer Dress (H&M, Zara, etc)

$48.49 ₩73.5K

$46.96 ₩71.2K

3.26%

Sport Shoes (Adidas, Nike)

$78.6 ₩119.2K

$87.8 ₩133.0K

-10.43%

Men's Leather Business Shoes

$114 ₩173.2K

$116 ₩175.8K

-1.46%

1-bedroom Apartment, City Center (Monthly)

$456 ₩691.2K

$447 ₩676.7K

2.15%

1-bedroom Apartment, Outside City Center (Monthly)

$381 ₩577.4K

$381 ₩576.6K

0.14%

3-bedroom Apartment, City Center (Monthly)

$1,045 ₩1.6M

$1,060 ₩1.6M

-1.43%

3-bedroom Apartment, Outside City Center (Monthly)

$771 ₩1.2M

$752 ₩1.1M

2.48%

Buy Apartment in City Center (m2)

$9,529 ₩14.4M

$8,333 ₩12.6M

14.36%

Buy Apartment Outside City Center (m2)

$5,255 ₩8.0M

$5,964 ₩9.0M

-11.88%

Average Monthly Net Salary (After Tax)

$4,598 ₩7.0M

$2,253 ₩3.4M

104.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

4.22

-1.90%

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

Last update for Pangyo: May 31, 2026

Last update for Gimhae: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $456 in Pangyo and $447 in Gimhae. Housing cost is often the main lever when comparing two cities.

Pangyo pays 104% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $36.00 in Pangyo vs $36.00 in Gimhae for a mid-range dinner for two. Groceries echo the gap at $428 vs $444 per month, with Pangyo cheaper across the board.

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 1% 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.

Pangyo pays 104% more on average, 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: $456 in Pangyo versus $447 in Gimhae. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $419 in Pangyo versus $490 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 $36.00 versus $36.00 in Gimhae. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,472 in Pangyo versus $1,487 in Gimhae, a $1,500 budget is realistic in Pangyo but tight or insufficient in Gimhae. The gap between the two cities makes Pangyo the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Pangyo and Gimhae are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Pangyo gentler on the wallet – expenses run 1% less than in Gimhae. Beyond cost, consider language, visa policies, and how big the international community is in each city.