Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Iksan

For one person, living is cheaper in Iksan: $1,425 a month against $1,467 in Pangyo, rent and utilities included – about $500 less a year. The total is higher in Pangyo despite lower rent and utilities.

71

Cost of Living Index in Pangyo
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Pangyo Living Index
68

Cost of Living Index in Iksan
Learn more

Iksan Living Index

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Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Iksan

🇰🇷 South Korea

$1,425

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Iksan

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

A single person spends $1,467 per month in Pangyo vs $1,425 in Iksan, rent included.

Pangyo $1,467
Iksan $1,425

A couple spends around $2,284 per month in Pangyo vs $2,209 in Iksan, rent included.

Pangyo $2,284
Iksan $2,209

A family of three spends $3,102 per month in Pangyo vs $2,994 in Iksan, rent included.

Pangyo $3,102
Iksan $2,994

Pangyo costs about 3% more than Iksan, and outside of rent the biggest gap is in transport.

Both Pangyo and Iksan sit above the global median – Pangyo by 8%, Iksan by 5%.

Meal at Budget Restaurant

$7.37 ₩9,838

$5.97 ₩7,972

23.45%

Three-Course Dinner for Two, Mid-Range

$35.34 ₩47.2K

$34.23 ₩45.7K

3.24%

Fast Food Meal (McDonalds, etc)

$6.76 ₩9,031

$6.81 ₩9,091

-0.73%

Cappuccino

$3.75 ₩5,008

$3.66 ₩4,880

2.46%

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

$1.55 ₩2,064

$1.62 ₩2,161

-4.32%

Water (0.33 liter bottle)

$0.71 ₩951

$0.63 ₩841

12.70%

Local Beer (0.5 liter draught)

$3.58 ₩4,785

$3.50 ₩4,673

2.29%

Imported Beer (0.33 liter bottle)

$4.58 ₩6,115

$4.37 ₩5,837

4.81%

Milk (1 liter)

$2.22 ₩2,963

$2.27 ₩3,033

-2.20%

White Bread (500g)

$3.14 ₩4,193

$3.18 ₩4,243

-1.26%

Rice (white) (1kg)

$2.66 ₩3,548

$2.35 ₩3,135

13.19%

Eggs

$2.73 ₩3,647

$3.26 ₩4,358

-16.26%

Local Cheese (1kg)

$11.04 ₩14.7K

$15.98 ₩21.3K

-30.91%

Chicken Fillets (1kg)

$7.74 ₩10.3K

$8.09 ₩10.8K

-4.33%

Beef Round Steak (1kg)

$20.46 ₩27.3K

$11.41 ₩15.2K

79.32%

Apples (1kg)

$7.46 ₩9,956

$7.69 ₩10.3K

-2.99%

Banana (1kg)

$3.31 ₩4,420

$3.22 ₩4,301

2.80%

Oranges (1kg)

$6.59 ₩8,798

$7.48 ₩9,986

-11.90%

Tomato (1kg)

$5.98 ₩7,988

$6.83 ₩9,116

-12.45%

Potato (1kg)

$3.60 ₩4,806

$3.60 ₩4,804

Onion (1kg)

$2.62 ₩3,499

$2.42 ₩3,234

8.26%

Lettuce (1 head)

$2.73 ₩3,647

$2.04 ₩2,722

33.82%

Water (1.5 liter bottle)

$1.34 ₩1,786

$1.35 ₩1,797

-0.74%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,386

$3.44 ₩4,594

-4.36%

Wine (Bottle)

$18.41 ₩24.6K

$18.82 ₩25.1K

-2.18%

Local Beer (0.5 liter bottle)

$2.23 ₩2,976

$2.24 ₩2,990

-0.45%

Imported Beer (0.33 liter bottle)

$3.41 ₩4,558

$3.37 ₩4,499

1.19%

One-way Ticket (Public Transport)

$1.12 ₩1,493

$1.11 ₩1,477

0.90%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.8K

Taxi Start (Normal Tariff)

$3.52 ₩4,699

$3.61 ₩4,817

-2.49%

Taxi (Normal Tariff) (1km)

$0.67 ₩891

$0.66 ₩885

1.52%

Taxi 1hour Waiting (Normal Tariff)

$9.26 ₩12.4K

$9.02 ₩12.0K

2.66%

Gasoline (1 liter)

$1.35 ₩1,797

$1.34 ₩1,790

0.75%

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

$29.4K ₩39.2M

$29.0K ₩38.8M

1.17%

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

$33.9K ₩45.3M

$36.3K ₩48.4M

-6.56%

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

$209 ₩278.7K

$211 ₩281.8K

-1.10%

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

$36.82 ₩49.2K

$43.19 ₩57.7K

-14.75%

Internet (50+ Mbps, Unlimited Data)

$21.24 ₩28.4K

$20.62 ₩27.5K

3.01%

Gym Membership (Monthly)

$55.4 ₩74.0K

$53.5 ₩71.4K

3.61%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.6K

$14.03 ₩18.7K

-0.93%

Cinema Ticket

$11.11 ₩14.8K

$11.41 ₩15.2K

-2.63%

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

$381 ₩508.2K

$298 ₩398.2K

27.62%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.8M

$17.7K ₩23.6M

21.73%

Jeans (Levis 501 Or Similar)

$62.1 ₩82.9K

$65.3 ₩87.2K

-4.91%

Summer Dress (H&M, Zara, etc)

$61.4 ₩81.9K

$63.5 ₩84.8K

-3.37%

Sport Shoes (Adidas, Nike)

$74.7 ₩99.7K

$75.3 ₩100.5K

-0.80%

Men's Leather Business Shoes

$99.8 ₩133.2K

$99.0 ₩132.1K

0.82%

1-bedroom Apartment, City Center (Monthly)

$493 ₩658.6K

$496 ₩662.8K

-0.63%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩464.8K

$362 ₩482.8K

-3.72%

3-bedroom Apartment, City Center (Monthly)

$1,157 ₩1.5M

$1,153 ₩1.5M

0.42%

3-bedroom Apartment, Outside City Center (Monthly)

$742 ₩990.8K

$762 ₩1.0M

-2.59%

Buy Apartment in City Center (m2)

$7,115 ₩9.5M

$7,047 ₩9.4M

0.97%

Buy Apartment Outside City Center (m2)

$5,495 ₩7.3M

$5,569 ₩7.4M

-1.32%

Average Monthly Net Salary (After Tax)

$5,227 ₩7.0M

$1,734 ₩2.3M

201.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

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

Last update for Pangyo: October 24, 2026

Last update for Iksan: October 26, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$420 28.6%

Iksan

$417 29.3% 0.6% $2.7

Accommodation & Living

Pangyo

$348 23.7%

Iksan

$362 25.4% 3.9% $13

Monthly Utilities & Internet

Pangyo

$267 18.2%

Iksan

$275 19.3% 3% $8.1

Eating Out

Pangyo

$160 10.9%

Iksan

$147 10.3% 8.1% $13

Clothing & Footwear

Pangyo

$134 9.1%

Iksan

$136 9.6% 1.7% $2.3

Sport & Entertainment

Pangyo

$78 5.3%

Iksan

$76 5.4% 1.7% $1.3

Getting Around

Pangyo

$61 4.1%

Iksan

$11 * 0.8% 81.3% $49

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

Cost Breakdown

A central one-bedroom costs $493 in Pangyo versus $496 in Iksan. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Pangyo are about 3 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35 in Pangyo versus $34 in Iksan. Monthly groceries follow the same trend: $420 vs $417 – making Iksan the more affordable choice for daily food spending.

Good to know

🇰🇷 Pangyo

🇰🇷 Iksan

🕒 Local time

05:38 5:38 AM

Same time as Pangyo

🌤 Weather

👥 Population

307,000

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

Exchange rates and currency converter

On the map

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Between locations

Pangyo Iksan 160 km

From you

Pangyo
Iksan

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 Iksan: Cost of Living - Frequently Asked Questions

Pangyo costs about 3% more than Iksan, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,201 per month in Pangyo and $2,137 in Iksan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $493 in Pangyo and $496 in Iksan. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,467 in Pangyo and $1,425 in Iksan. That makes Iksan about 3% cheaper.

A mid-range dinner for two costs $35 in Pangyo and $34 in Iksan. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$1,000 is a stretch for both – monthly costs hit $1,467 in Pangyo and $1,425 in Iksan. You’ll need shared housing and careful budgeting no matter which city you pick.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Iksan. If higher salaries or specific career opportunities are the priority, Pangyo makes more sense. Both are solid long-term options with distinct trade-offs.