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: $1,437 in Pangyo versus $1,037 in Gyeonggi.

Estimated couple costs with rent: $2,219 in Pangyo versus $2,035 in Gyeonggi.

Monthly costs for a family of three with rent: $3,001 in Pangyo versus $3,032 in Gyeonggi.

Living in Pangyo is roughly 39% more expensive than in Gyeonggi, driven mainly by Groceries & Markets.

The two cities straddle the global median: Pangyo is 5% above, Gyeonggi is 25% below.

Meal at Budget Restaurant

$7.40 ₩10.1K

$7.44 ₩10.1K

-0.54%

Three-Course Dinner for Two, Mid-Range

$34.45 ₩46.8K

$58.2 ₩79.1K

-40.80%

Fast Food Meal (McDonalds, etc)

$6.28 ₩8,537

$6.16 ₩8,379

1.95%

Cappuccino

$3.67 ₩4,992

$3.87 ₩5,258

-5.17%

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

$1.56 ₩2,125

$1.15 ₩1,563

35.65%

Water (0.33 liter bottle)

$0.63 ₩855

$0.66 ₩901

-4.55%

Local Beer (0.5 liter draught)

$3.35 ₩4,551

$3.20 ₩4,352

4.69%

Imported Beer (0.33 liter bottle)

$4.22 ₩5,736

$2.99 ₩4,067

41.14%

Milk (1 liter)

$2.19 ₩2,975

$1.74 ₩2,360

25.86%

White Bread (500g)

$3.05 ₩4,143

Rice (white) (1kg)

$2.93 ₩3,976

Eggs

$2.62 ₩3,566

Local Cheese (1kg)

$10.71 ₩14.6K

Chicken Fillets (1kg)

$7.85 ₩10.7K

Beef Round Steak (1kg)

$22.48 ₩30.6K

Apples (1kg)

$7.62 ₩10.4K

$11.14 ₩15.1K

-31.60%

Banana (1kg)

$3.46 ₩4,698

$3.54 ₩4,814

-2.26%

Oranges (1kg)

$7.12 ₩9,673

$7.43 ₩10.1K

-4.17%

Tomato (1kg)

$5.82 ₩7,918

Potato (1kg)

$4.24 ₩5,760

Onion (1kg)

$2.49 ₩3,384

Lettuce (1 head)

$2.75 ₩3,736

Water (1.5 liter bottle)

$1.24 ₩1,689

Cigarettes 20 Pack (Marlboro, Camel)

$3.30 ₩4,489

Wine (Bottle)

$17.84 ₩24.2K

Local Beer (0.5 liter bottle)

$2.28 ₩3,096

Imported Beer (0.33 liter bottle)

$3.44 ₩4,672

One-way Ticket (Public Transport)

$1.11 ₩1,511

Public Transport Monthly Pass (Regular Price)

$46.86 ₩63.7K

Taxi Start (Normal Tariff)

$3.13 ₩4,254

$3.00 ₩4,081

4.33%

Taxi (Normal Tariff) (1km)

$0.66 ₩894

$0.56 ₩767

17.86%

Taxi 1hour Waiting (Normal Tariff)

$15.97 ₩21.7K

Gasoline (1 liter)

$1.34 ₩1,816

$1.43 ₩1,946

-6.29%

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

$28.6K ₩38.9M

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

$32.3K ₩43.9M

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

$194 ₩263.9K

$183 ₩249.3K

5.85%

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

$34.80 ₩47.3K

$40.40 ₩54.9K

-13.86%

Internet (50+ Mbps, Unlimited Data)

$21.81 ₩29.7K

$20.99 ₩28.5K

3.91%

Gym Membership (Monthly)

$53.4 ₩72.6K

$54.4 ₩74.0K

-1.86%

Tennis Court (1 Hour on Weekend)

$11.39 ₩15.5K

Cinema Ticket

$10.75 ₩14.6K

$10.03 ₩13.6K

7.18%

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

$570 ₩774.9K

International Primary School, 1 Child (Yearly)

$20.9K ₩28.4M

Jeans (Levis 501 Or Similar)

$62.1 ₩84.4K

$58.0 ₩78.8K

7.12%

Summer Dress (H&M, Zara, etc)

$62.3 ₩84.6K

$41.02 ₩55.8K

51.80%

Sport Shoes (Adidas, Nike)

$72.3 ₩98.3K

$83.1 ₩112.9K

-12.91%

Men's Leather Business Shoes

$97.0 ₩131.9K

1-bedroom Apartment, City Center (Monthly)

$438 ₩595.1K

$508 ₩690.5K

-13.82%

1-bedroom Apartment, Outside City Center (Monthly)

$342 ₩465.4K

$360 ₩489.4K

-4.89%

3-bedroom Apartment, City Center (Monthly)

$1,117 ₩1.5M

$2,046 ₩2.8M

-45.38%

3-bedroom Apartment, Outside City Center (Monthly)

$699 ₩949.7K

$1,497 ₩2.0M

-53.34%

Buy Apartment in City Center (m2)

$7,446 ₩10.1M

Buy Apartment Outside City Center (m2)

$5,365 ₩7.3M

Average Monthly Net Salary (After Tax)

$5,074 ₩6.9M

$2,137 ₩2.9M

137.41%

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: August 29, 2026

Last update for Gyeonggi: August 29, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $438 in Pangyo and $508 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: $34.00 in Pangyo vs $58.0 in Gyeonggi. Groceries flip the comparison at $427 vs $124, 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, Clothing & Footwear, Sport & Entertainment, Getting Around. The 39% 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: $438 in Pangyo versus $508 in Gyeonggi. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 245% 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 $58.0 versus $34.00 in Pangyo. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,037 in Gyeonggi versus $1,437 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 39% less than in Pangyo. Beyond cost, consider language, visa policies, and how big the international community is in each city.