Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Gyeonggi

For one person, living is cheaper in Gyeonggi: $1,072 a month against $1,468 in Pangyo, rent and utilities included – about $4,800 less a year. The total is higher in Pangyo despite lower rent and utilities.

72

Cost of Living Index in Pangyo
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Pangyo Living Index
71

Cost of Living Index in Gyeonggi
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Gyeonggi Living Index

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Pangyo

🇰🇷 South Korea

$1,468

/mo nomad

Gyeonggi

🇰🇷 South Korea

$1,072

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Gyeonggi

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

Monthly costs for one person with rent: $1,468 in Pangyo versus $1,072 in Gyeonggi.

Pangyo $1,468
Gyeonggi $1,072

Estimated couple costs with rent: $2,279 in Pangyo versus $2,079 in Gyeonggi.

Pangyo $2,279
Gyeonggi $2,079

Monthly costs for a family of three with rent: $3,091 in Pangyo versus $3,085 in Gyeonggi.

Pangyo $3,091
Gyeonggi $3,085

Living in Pangyo is roughly 37% more expensive than in Gyeonggi, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Pangyo is 9% above, Gyeonggi is 21% below.

Meal at Budget Restaurant

$7.24 ₩9,624

$7.53 ₩10.0K

-3.85%

Three-Course Dinner for Two, Mid-Range

$35.02 ₩46.6K

$60.6 ₩80.6K

-42.22%

Fast Food Meal (McDonalds, etc)

$6.73 ₩8,950

$6.00 ₩7,975

12.17%

Cappuccino

$3.78 ₩5,025

$3.90 ₩5,180

-3.08%

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

$1.59 ₩2,118

$1.22 ₩1,625

30.33%

Water (0.33 liter bottle)

$0.71 ₩940

$0.68 ₩903

4.41%

Local Beer (0.5 liter draught)

$3.42 ₩4,547

$3.47 ₩4,610

-1.44%

Imported Beer (0.33 liter bottle)

$4.28 ₩5,685

$2.93 ₩3,890

46.08%

Milk (1 liter)

$2.25 ₩2,998

$1.76 ₩2,334

27.84%

White Bread (500g)

$3.02 ₩4,015

Rice (white) (1kg)

$2.67 ₩3,555

Eggs

$2.59 ₩3,450

Local Cheese (1kg)

$11.09 ₩14.7K

Chicken Fillets (1kg)

$7.98 ₩10.6K

Beef Round Steak (1kg)

$20.67 ₩27.5K

Apples (1kg)

$7.73 ₩10.3K

$11.17 ₩14.9K

-30.80%

Banana (1kg)

$3.45 ₩4,583

$3.82 ₩5,084

-9.69%

Oranges (1kg)

$7.25 ₩9,642

$7.70 ₩10.2K

-5.84%

Tomato (1kg)

$5.78 ₩7,685

Potato (1kg)

$3.60 ₩4,784

Onion (1kg)

$2.58 ₩3,431

Lettuce (1 head)

$2.78 ₩3,691

Water (1.5 liter bottle)

$1.28 ₩1,700

Cigarettes 20 Pack (Marlboro, Camel)

$3.30 ₩4,385

Wine (Bottle)

$18.39 ₩24.4K

Local Beer (0.5 liter bottle)

$2.29 ₩3,047

Imported Beer (0.33 liter bottle)

$3.48 ₩4,627

One-way Ticket (Public Transport)

$1.15 ₩1,527

Public Transport Monthly Pass (Regular Price)

$48.37 ₩64.3K

Taxi Start (Normal Tariff)

$3.32 ₩4,412

$3.07 ₩4,087

8.14%

Taxi (Normal Tariff) (1km)

$0.66 ₩884

$0.58 ₩775

13.79%

Taxi 1hour Waiting (Normal Tariff)

$12.83 ₩17.1K

Gasoline (1 liter)

$1.35 ₩1,797

$1.46 ₩1,945

-7.53%

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

$29.8K ₩39.6M

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

$34.2K ₩45.5M

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

$201 ₩267.4K

$186 ₩247.8K

7.91%

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

$36.58 ₩48.6K

$40.40 ₩53.7K

-9.46%

Internet (50+ Mbps, Unlimited Data)

$21.78 ₩29.0K

$21.83 ₩29.0K

-0.23%

Gym Membership (Monthly)

$51.9 ₩69.0K

$56.3 ₩74.9K

-7.85%

Tennis Court (1 Hour on Weekend)

$12.07 ₩16.0K

Cinema Ticket

$11.39 ₩15.1K

$10.32 ₩13.7K

10.37%

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

$520 ₩691.0K

International Primary School, 1 Child (Yearly)

$21.9K ₩29.1M

Jeans (Levis 501 Or Similar)

$65.9 ₩87.6K

$58.9 ₩78.4K

11.84%

Summer Dress (H&M, Zara, etc)

$62.8 ₩83.5K

$42.06 ₩55.9K

49.33%

Sport Shoes (Adidas, Nike)

$74.8 ₩99.4K

$86.3 ₩114.8K

-13.39%

Men's Leather Business Shoes

$98.3 ₩130.7K

1-bedroom Apartment, City Center (Monthly)

$478 ₩636.2K

$532 ₩707.0K

-10.02%

1-bedroom Apartment, Outside City Center (Monthly)

$356 ₩473.1K

$373 ₩496.5K

-4.71%

3-bedroom Apartment, City Center (Monthly)

$1,171 ₩1.6M

$2,102 ₩2.8M

-44.32%

3-bedroom Apartment, Outside City Center (Monthly)

$739 ₩983.0K

$1,503 ₩2.0M

-50.80%

Buy Apartment in City Center (m2)

$7,085 ₩9.4M

Buy Apartment Outside City Center (m2)

$5,485 ₩7.3M

Average Monthly Net Salary (After Tax)

$5,307 ₩7.1M

$2,244 ₩3.0M

136.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

3.5

17.14%

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

Last update for Pangyo: October 12, 2026

Last update for Gyeonggi: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$424 28.9%

Gyeonggi

$127 * 11.9% 70% $297

Accommodation & Living

Pangyo

$356 24.3%

Gyeonggi

$373 34.8% 4.9% $18

Monthly Utilities & Internet

Pangyo

$259 17.7%

Gyeonggi

$249 23.2% 4.2% $11

Eating Out

Pangyo

$158 10.8%

Gyeonggi

$156 14.5% 1.6% $2.5

Clothing & Footwear

Pangyo

$136 9.3%

Gyeonggi

$84 * 7.9% 37.9% $52

Sport & Entertainment

Pangyo

$75 5.1%

Gyeonggi

$77 7.2% 3.1% $2.3

Getting Around

Pangyo

$60 4.1%

Gyeonggi

$6 * 0.6% 90% $54

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 $478 in Pangyo and $532 in Gyeonggi. Housing cost is often the main lever when comparing two cities.

Pangyo pays 137% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $35.00 in Pangyo vs $61.0 in Gyeonggi. Groceries flip the comparison at $424 vs $127, with Gyeonggi cheaper for home cooking.

Good to know

🇰🇷 Pangyo

🇰🇷 Gyeonggi

🕒 Local time

09:15 9:15 AM

Same time as Pangyo

🌤 Weather

👥 Population

1,234,582

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

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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 Gyeonggi: Cost of Living - Frequently Asked Questions

Gyeonggi is cheaper overall, especially in groceries, eating out, and clothing. The 37% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 137% higher in Pangyo, 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: $478 in Pangyo versus $532 in Gyeonggi. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 233% higher in Pangyo. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Gyeonggi – a meal for two runs $61.0 versus $35.00 in Pangyo. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,072 in Gyeonggi versus $1,468 in Pangyo, a $1,500 budget is realistic in Gyeonggi but tight or insufficient in Pangyo. The gap between the two cities makes Gyeonggi 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 Gyeonggi 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 Gyeonggi gentler on the wallet – expenses run 37% less than in Pangyo. Beyond cost, consider language, visa policies, and how big the international community is in each city.