Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Incheon

For one person, living is cheaper in Incheon: $1,376 a month against $1,467 in Pangyo, rent and utilities included – about $1,100 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
66

Cost of Living Index in Incheon
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Incheon Living Index

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Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Incheon

🇰🇷 South Korea

$1,376

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Incheon

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

A single person spends $1,467 per month in Pangyo vs $1,376 in Incheon, rent included.

Pangyo $1,467
Incheon $1,376

A couple spends around $2,284 per month in Pangyo vs $2,124 in Incheon, rent included.

Pangyo $2,284
Incheon $2,124

A family of three spends $3,102 per month in Pangyo vs $2,873 in Incheon, rent included.

Pangyo $3,102
Incheon $2,873

Pangyo costs about 7% more than Incheon, and outside of rent the biggest gap is in transport.

Meal at Budget Restaurant

$7.37 ₩9,877

$6.17 ₩8,275

19.45%

Three-Course Dinner for Two, Mid-Range

$35.34 ₩47.4K

$34.97 ₩46.9K

1.06%

Fast Food Meal (McDonalds, etc)

$6.76 ₩9,066

$6.92 ₩9,272

-2.31%

Cappuccino

$3.75 ₩5,028

$3.66 ₩4,901

2.46%

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

$1.55 ₩2,072

$1.55 ₩2,073

Water (0.33 liter bottle)

$0.71 ₩954

$0.59 ₩796

20.34%

Local Beer (0.5 liter draught)

$3.58 ₩4,804

$3.59 ₩4,805

-0.28%

Imported Beer (0.33 liter bottle)

$4.58 ₩6,140

$4.42 ₩5,925

3.62%

Milk (1 liter)

$2.22 ₩2,975

$2.11 ₩2,827

5.21%

White Bread (500g)

$3.14 ₩4,209

$3.05 ₩4,087

2.95%

Rice (white) (1kg)

$2.66 ₩3,562

$2.28 ₩3,061

16.67%

Eggs

$2.73 ₩3,661

$3.26 ₩4,376

-16.26%

Local Cheese (1kg)

$11.04 ₩14.8K

$15.83 ₩21.2K

-30.26%

Chicken Fillets (1kg)

$7.74 ₩10.4K

$7.98 ₩10.7K

-3.01%

Beef Round Steak (1kg)

$20.46 ₩27.4K

$11.35 ₩15.2K

80.26%

Apples (1kg)

$7.46 ₩9,996

$7.50 ₩10.1K

-0.53%

Banana (1kg)

$3.31 ₩4,437

$3.33 ₩4,462

-0.60%

Oranges (1kg)

$6.59 ₩8,833

$5.94 ₩7,963

10.94%

Tomato (1kg)

$5.98 ₩8,019

$6.30 ₩8,446

-5.08%

Potato (1kg)

$3.60 ₩4,825

$3.48 ₩4,669

3.45%

Onion (1kg)

$2.62 ₩3,513

$2.39 ₩3,208

9.62%

Lettuce (1 head)

$2.73 ₩3,661

$2.11 ₩2,826

29.38%

Water (1.5 liter bottle)

$1.34 ₩1,793

$1.12 ₩1,495

19.64%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,404

$3.42 ₩4,588

-3.80%

Wine (Bottle)

$18.41 ₩24.7K

$19.16 ₩25.7K

-3.91%

Local Beer (0.5 liter bottle)

$2.23 ₩2,987

$2.24 ₩2,999

-0.45%

Imported Beer (0.33 liter bottle)

$3.41 ₩4,576

$3.23 ₩4,324

5.57%

One-way Ticket (Public Transport)

$1.12 ₩1,499

$1.07 ₩1,437

4.67%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩66.1K

$25.40 ₩34.0K

94.02%

Taxi Start (Normal Tariff)

$3.52 ₩4,717

$3.68 ₩4,927

-4.35%

Taxi (Normal Tariff) (1km)

$0.67 ₩895

$0.60 ₩809

11.67%

Taxi 1hour Waiting (Normal Tariff)

$9.26 ₩12.4K

$9.25 ₩12.4K

0.11%

Gasoline (1 liter)

$1.35 ₩1,804

$1.36 ₩1,829

-0.74%

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

$29.4K ₩39.4M

$29.2K ₩39.1M

0.68%

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

$33.9K ₩45.4M

$28.3K ₩37.9M

19.80%

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

$209 ₩279.8K

$210 ₩282.0K

-0.78%

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

$36.82 ₩49.4K

$35.72 ₩47.9K

3.08%

Internet (50+ Mbps, Unlimited Data)

$21.24 ₩28.5K

$21.45 ₩28.8K

-0.98%

Gym Membership (Monthly)

$55.4 ₩74.3K

$34.30 ₩46.0K

61.52%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.6K

$37.83 ₩50.7K

-63.26%

Cinema Ticket

$11.11 ₩14.9K

$11.31 ₩15.2K

-1.77%

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

$381 ₩510.2K

$295 ₩395.7K

28.94%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.9M

$17.8K ₩23.9M

20.79%

Jeans (Levis 501 Or Similar)

$62.1 ₩83.3K

$60.2 ₩80.7K

3.16%

Summer Dress (H&M, Zara, etc)

$61.4 ₩82.3K

$34.27 ₩45.9K

79.08%

Sport Shoes (Adidas, Nike)

$74.7 ₩100.1K

$66.5 ₩89.2K

12.27%

Men's Leather Business Shoes

$99.8 ₩133.7K

$83.6 ₩112.0K

19.36%

1-bedroom Apartment, City Center (Monthly)

$493 ₩661.2K

$604 ₩809.0K

-18.26%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩466.7K

$355 ₩475.5K

-1.85%

3-bedroom Apartment, City Center (Monthly)

$1,157 ₩1.6M

$1,263 ₩1.7M

-8.38%

3-bedroom Apartment, Outside City Center (Monthly)

$742 ₩994.7K

$708 ₩949.5K

4.75%

Buy Apartment in City Center (m2)

$7,115 ₩9.5M

$6,882 ₩9.2M

3.39%

Buy Apartment Outside City Center (m2)

$5,495 ₩7.4M

$5,679 ₩7.6M

-3.24%

Average Monthly Net Salary (After Tax)

$5,227 ₩7.0M

$2,460 ₩3.3M

112.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

4.08

0.49%

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

Last update for Pangyo: October 24, 2026

Last update for Incheon: October 25, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$420 28.6%

Incheon

$401 29.1% 4.4% $19

Accommodation & Living

Pangyo

$348 23.7%

Incheon

$355 25.8% 1.9% $6.5

Monthly Utilities & Internet

Pangyo

$267 18.2%

Incheon

$268 19.5% 0.3% $0.8

Eating Out

Pangyo

$160 10.9%

Incheon

$149 10.9% 6.9% $11

Clothing & Footwear

Pangyo

$134 9.1%

Incheon

$110 8% 17.9% $24

Sport & Entertainment

Pangyo

$78 5.3%

Incheon

$57 4.1% 26.7% $21

Getting Around

Pangyo

$61 4.1%

Incheon

$36 2.6% 40% $24

Cost Breakdown

A central one-bedroom costs $493 in Pangyo versus $604 in Incheon. 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 2.1 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35 in Pangyo versus $35 in Incheon. Groceries tell a different story – $420 in Pangyo vs $401 in Incheon – so Incheon wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Pangyo

🇰🇷 Incheon

🕒 Local time

15:51 3:51 PM

Same time as Pangyo

🌤 Weather

👥 Population

2,870,545

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.46 USD

10,000 KRW = 6.7 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.7 EUR

Exchange rates and currency converter

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Pangyo Incheon 36 km

From you

Pangyo
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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 Incheon: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 7%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,201 per month in Pangyo and $2,064 in Incheon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Pangyo, especially for central apartments: a one-bedroom in the center costs $493 there versus $604 in Incheon.

Public transport costs about 48% less in Incheon. For daily commuters, that gap adds up to noticeable savings over a year.

Groceries cost about 5% more in Pangyo, though the gap depends on what you buy.

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