Cost of Living Comparison Between Pangyo and Iksan Cost of Living Comparison Between Pangyo and Iksan

Monthly Cost of Living

A single person spends $1,438 per month in Pangyo vs $1,402 in Iksan, rent included.

A couple spends around $2,265 per month in Pangyo vs $2,177 in Iksan, rent included.

A family of three spends $3,091 per month in Pangyo vs $2,952 in Iksan, rent included.

Pangyo costs about 3% more than Iksan, driven mainly by Getting Around.

Both Pangyo and Iksan sit above the global median – Pangyo by 7%, Iksan by 5%.

Meal at Budget Restaurant

$7.31 ₩10.8K

$7.28 ₩10.8K

0.41%

Three-Course Dinner for Two, Mid-Range

$37.38 ₩55.5K

$37.27 ₩55.3K

0.30%

Fast Food Meal (McDonalds, etc)

$5.46 ₩8,101

$5.43 ₩8,052

0.55%

Cappuccino

$3.78 ₩5,609

$3.76 ₩5,575

0.53%

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

$1.54 ₩2,287

$1.53 ₩2,270

0.65%

Water (0.33 liter bottle)

$0.84 ₩1,243

$0.78 ₩1,163

7.69%

Local Beer (0.5 liter draught)

$3.35 ₩4,965

$3.23 ₩4,795

3.72%

Imported Beer (0.33 liter bottle)

$4.96 ₩7,352

$4.90 ₩7,273

1.22%

Milk (1 liter)

$2.23 ₩3,302

$2.24 ₩3,324

-0.45%

White Bread (500g)

$3.02 ₩4,478

$3.09 ₩4,584

-2.27%

Rice (white) (1kg)

$3.04 ₩4,504

$2.97 ₩4,405

2.36%

Eggs

$3.00 ₩4,444

$2.92 ₩4,325

2.74%

Local Cheese (1kg)

$10.63 ₩15.8K

$10.41 ₩15.4K

2.11%

Chicken Fillets (1kg)

$8.46 ₩12.5K

$8.21 ₩12.2K

3.05%

Beef Round Steak (1kg)

$27.75 ₩41.2K

$27.85 ₩41.3K

-0.36%

Apples (1kg)

$7.73 ₩11.5K

$7.98 ₩11.8K

-3.13%

Banana (1kg)

$3.26 ₩4,834

$3.15 ₩4,668

3.49%

Oranges (1kg)

$5.44 ₩8,065

$5.59 ₩8,287

-2.68%

Tomato (1kg)

$5.37 ₩7,967

$5.33 ₩7,905

0.75%

Potato (1kg)

$4.01 ₩5,950

$3.98 ₩5,900

0.75%

Onion (1kg)

$2.93 ₩4,352

$2.99 ₩4,429

-2.01%

Lettuce (1 head)

$2.19 ₩3,242

$2.21 ₩3,279

-0.90%

Water (1.5 liter bottle)

$1.21 ₩1,799

$1.15 ₩1,708

5.22%

Cigarettes 20 Pack (Marlboro, Camel)

$3.28 ₩4,865

$3.22 ₩4,779

1.86%

Wine (Bottle)

$15.15 ₩22.5K

$15.53 ₩23.0K

-2.45%

Local Beer (0.5 liter bottle)

$1.86 ₩2,755

$1.89 ₩2,811

-1.59%

Imported Beer (0.33 liter bottle)

$3.21 ₩4,766

$3.21 ₩4,765

One-way Ticket (Public Transport)

$1.07 ₩1,584

$1.07 ₩1,587

Public Transport Monthly Pass (Regular Price)

$47.31 ₩70.2K

Taxi Start (Normal Tariff)

$3.49 ₩5,175

$3.59 ₩5,329

-2.79%

Taxi (Normal Tariff) (1km)

$0.57 ₩847

$0.54 ₩798

5.56%

Taxi 1hour Waiting (Normal Tariff)

$8.88 ₩13.2K

$8.94 ₩13.3K

-0.67%

Gasoline (1 liter)

$1.20 ₩1,786

$1.17 ₩1,741

2.56%

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

$27.3K ₩40.5M

$27.5K ₩40.8M

-0.58%

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

$25.5K ₩37.8M

$25.3K ₩37.5M

0.71%

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

$163 ₩241.4K

$166 ₩246.9K

-2.22%

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

$34.93 ₩51.8K

$34.46 ₩51.1K

1.36%

Internet (50+ Mbps, Unlimited Data)

$22.64 ₩33.6K

$22.11 ₩32.8K

2.40%

Gym Membership (Monthly)

$47.40 ₩70.3K

$47.61 ₩70.6K

-0.44%

Tennis Court (1 Hour on Weekend)

$32.73 ₩48.6K

Cinema Ticket

$10.86 ₩16.1K

$10.88 ₩16.1K

-0.18%

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

$421 ₩623.9K

$410 ₩607.5K

2.70%

International Primary School, 1 Child (Yearly)

$23.2K ₩34.4M

$23.3K ₩34.5M

-0.32%

Jeans (Levis 501 Or Similar)

$59.3 ₩88.0K

$59.5 ₩88.2K

-0.24%

Summer Dress (H&M, Zara, etc)

$47.30 ₩70.2K

$46.97 ₩69.7K

0.70%

Sport Shoes (Adidas, Nike)

$78.7 ₩116.7K

$78.5 ₩116.5K

0.23%

Men's Leather Business Shoes

$115 ₩170.6K

$118 ₩174.9K

-2.43%

1-bedroom Apartment, City Center (Monthly)

$451 ₩669.6K

$448 ₩664.5K

0.77%

1-bedroom Apartment, Outside City Center (Monthly)

$370 ₩548.9K

$373 ₩553.9K

-0.90%

3-bedroom Apartment, City Center (Monthly)

$1,086 ₩1.6M

$1,044 ₩1.5M

3.94%

3-bedroom Apartment, Outside City Center (Monthly)

$781 ₩1.2M

$771 ₩1.1M

1.29%

Buy Apartment in City Center (m2)

$9,655 ₩14.3M

$9,986 ₩14.8M

-3.31%

Buy Apartment Outside City Center (m2)

$5,702 ₩8.5M

$6,551 ₩9.7M

-12.96%

Average Monthly Net Salary (After Tax)

$4,739 ₩7.0M

$1,582 ₩2.3M

199.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

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

Last update for Pangyo: April 27, 2026

Last update for Iksan: April 26, 2026

Cost Breakdown

A central one-bedroom costs $451 in Pangyo versus $448 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 run about 200% higher in Pangyo, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37.00 in Pangyo versus $37.00 in Iksan. Monthly groceries follow the same trend: $428 vs $428 – making Pangyo the more affordable choice for daily food spending.

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, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,157 per month in Pangyo and $2,103 in Iksan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Iksan, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $37.00 in Pangyo and $37.00 in Iksan. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 0% more in Pangyo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Iksan, where all-in costs run around $1,402, than in Pangyo at $1,438. In Iksan it covers expenses comfortably, while in Pangyo it requires careful planning or may not stretch far enough.

Families tend to lean toward Iksan – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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