Cost of Living Comparison Between Pangyo and Gyeonggi Cost of Living Comparison Between Pangyo and Gyeonggi

Monthly Cost of Living

Monthly costs for one person with rent: $1,472 in Pangyo versus $1,420 in Gyeonggi.

Estimated couple costs with rent: $2,272 in Pangyo versus $2,686 in Gyeonggi.

Monthly costs for a family of three with rent: $3,071 in Pangyo versus $3,952 in Gyeonggi.

Living in Pangyo is roughly 4% more expensive than Gyeonggi, driven mainly by Getting Around.

Both cities are pricier than the global median: Pangyo 10% above, Gyeonggi 6% above.

Meal at Budget Restaurant

$7.18 ₩10.9K

$7.13 ₩10.8K

0.70%

Three-Course Dinner for Two, Mid-Range

$36.12 ₩54.7K

$82.9 ₩125.6K

-56.44%

Fast Food Meal (McDonalds, etc)

$5.59 ₩8,463

$6.54 ₩9,917

-14.53%

Cappuccino

$3.95 ₩5,987

$3.52 ₩5,340

12.22%

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

$1.52 ₩2,301

$1.39 ₩2,103

9.35%

Water (0.33 liter bottle)

$0.83 ₩1,264

$0.70 ₩1,066

18.57%

Local Beer (0.5 liter draught)

$3.29 ₩4,987

$4.37 ₩6,615

-24.71%

Imported Beer (0.33 liter bottle)

$5.07 ₩7,675

$2.98 ₩4,521

70.13%

Milk (1 liter)

$2.15 ₩3,256

$2.17 ₩3,293

-0.92%

White Bread (500g)

$3.09 ₩4,676

$3.05 ₩4,616

1.31%

Rice (white) (1kg)

$3.10 ₩4,703

$2.98 ₩4,523

4.03%

Eggs

$3.01 ₩4,564

$2.90 ₩4,399

3.79%

Local Cheese (1kg)

$10.60 ₩16.1K

$10.53 ₩16.0K

0.66%

Chicken Fillets (1kg)

$8.01 ₩12.1K

$8.40 ₩12.7K

-4.64%

Beef Round Steak (1kg)

$27.61 ₩41.8K

$27.07 ₩41.0K

1.99%

Apples (1kg)

$8.00 ₩12.1K

$11.12 ₩16.8K

-28.06%

Banana (1kg)

$3.24 ₩4,903

$3.68 ₩5,583

-11.96%

Oranges (1kg)

$5.46 ₩8,271

$7.38 ₩11.2K

-26.02%

Tomato (1kg)

$5.15 ₩7,805

$5.12 ₩7,765

0.59%

Potato (1kg)

$3.96 ₩6,006

$3.87 ₩5,862

2.33%

Onion (1kg)

$2.98 ₩4,509

$2.94 ₩4,462

1.36%

Lettuce (1 head)

$2.14 ₩3,239

$2.24 ₩3,399

-4.46%

Water (1.5 liter bottle)

$1.15 ₩1,744

$1.15 ₩1,749

Cigarettes 20 Pack (Marlboro, Camel)

$3.22 ₩4,876

$3.23 ₩4,897

-0.31%

Wine (Bottle)

$16.41 ₩24.9K

Local Beer (0.5 liter bottle)

$1.89 ₩2,866

$1.87 ₩2,840

1.07%

Imported Beer (0.33 liter bottle)

$3.33 ₩5,042

$3.36 ₩5,084

-0.89%

One-way Ticket (Public Transport)

$1.12 ₩1,694

$1.06 ₩1,613

5.66%

Public Transport Monthly Pass (Regular Price)

$47.67 ₩72.2K

Taxi Start (Normal Tariff)

$3.61 ₩5,466

$3.18 ₩4,814

13.52%

Taxi (Normal Tariff) (1km)

$0.53 ₩802

$0.57 ₩871

-7.02%

Taxi 1hour Waiting (Normal Tariff)

$8.73 ₩13.2K

$8.98 ₩13.6K

-2.78%

Gasoline (1 liter)

$1.18 ₩1,780

$1.36 ₩2,058

-13.24%

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

$27.4K ₩41.5M

$27.3K ₩41.4M

0.43%

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

$24.8K ₩37.6M

$25.2K ₩38.2M

-1.77%

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

$162 ₩245.9K

$186 ₩281.5K

-12.67%

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

$35.40 ₩53.6K

$39.84 ₩60.4K

-11.14%

Internet (50+ Mbps, Unlimited Data)

$21.84 ₩33.1K

$21.67 ₩32.8K

0.78%

Gym Membership (Monthly)

$46.97 ₩71.2K

$54.4 ₩82.3K

-13.58%

Tennis Court (1 Hour on Weekend)

$33.70 ₩51.1K

Cinema Ticket

$10.97 ₩16.6K

$10.12 ₩15.3K

8.40%

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

$419 ₩634.3K

$418 ₩632.9K

0.23%

International Primary School, 1 Child (Yearly)

$23.5K ₩35.6M

$23.1K ₩35.0M

1.63%

Jeans (Levis 501 Or Similar)

$58.1 ₩88.0K

$59.7 ₩90.5K

-2.78%

Summer Dress (H&M, Zara, etc)

$48.49 ₩73.5K

$40.44 ₩61.3K

19.91%

Sport Shoes (Adidas, Nike)

$78.6 ₩119.2K

$85.4 ₩129.4K

-7.89%

Men's Leather Business Shoes

$114 ₩173.2K

$115 ₩173.7K

-0.28%

1-bedroom Apartment, City Center (Monthly)

$456 ₩691.2K

$510 ₩773.4K

-10.62%

1-bedroom Apartment, Outside City Center (Monthly)

$381 ₩577.4K

$367 ₩555.4K

3.96%

3-bedroom Apartment, City Center (Monthly)

$1,045 ₩1.6M

$2,057 ₩3.1M

-49.22%

3-bedroom Apartment, Outside City Center (Monthly)

$771 ₩1.2M

$1,519 ₩2.3M

-49.25%

Buy Apartment in City Center (m2)

$9,529 ₩14.4M

Buy Apartment Outside City Center (m2)

$5,255 ₩8.0M

Average Monthly Net Salary (After Tax)

$4,598 ₩7.0M

$2,043 ₩3.1M

125.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

3.5

18.29%

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

Last update for Pangyo: May 31, 2026

Last update for Gyeonggi: June 2, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $456 in Pangyo and $510 in Gyeonggi. Housing cost is often the main lever when comparing two cities.

Pangyo pays 125% 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: $36.00 in Pangyo vs $83.0 in Gyeonggi. Groceries flip the comparison at $428 vs $420, with Gyeonggi cheaper for home cooking.

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 & Markets, Eating Out, Getting Around. The 4% gap adds up to real monthly savings that compound significantly over time.

Pangyo pays 125% 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 $510 in Gyeonggi. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $419 in Pangyo versus $418 in Gyeonggi. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Gyeonggi – a meal for two runs $83.0 versus $36.00 in Pangyo. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,420 in Gyeonggi versus $1,472 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 4% less than in Pangyo. Beyond cost, consider language, visa policies, and how big the international community is in each city.