Cost of Living Comparison Between Pangyo and Jeju Cost of Living Comparison Between Pangyo and Jeju

Monthly Cost of Living

A single person spends $1,472 per month in Pangyo vs $1,334 in Jeju, rent included.

A couple spends around $2,272 per month in Pangyo vs $2,290 in Jeju, rent included.

A family of three spends $3,071 per month in Pangyo vs $3,246 in Jeju, rent included.

Pangyo costs about 10% more than Jeju, driven mainly by Getting Around.

Both Pangyo and Jeju sit above the global median – Pangyo by 10%, Jeju by 0%.

Currency
🍽 Eating Out
Pangyo
Jeju
Difference
Meal at Budget Restaurant
$7.18 ₩10.9K
$6.71 ₩10.2K
7.00%
Three-Course Dinner for Two, Mid-Range
$36.12 ₩54.7K
$51.2 ₩77.5K
-29.40%
Fast Food Meal (McDonalds, etc)
$5.59 ₩8,463
$4.04 ₩6,124
38.37%
Cappuccino
$3.95 ₩5,987
$5.21 ₩7,898
-24.18%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.52 ₩2,301
$2.42 ₩3,660
-37.19%
Water (0.33 liter bottle)
$0.83 ₩1,264
$0.72 ₩1,087
15.28%
Local Beer (0.5 liter draught)
$3.29 ₩4,987
$3.98 ₩6,034
-17.34%
Imported Beer (0.33 liter bottle)
$5.07 ₩7,675
$5.71 ₩8,658
-11.21%
🛒 Groceries & Markets
Pangyo
Jeju
Difference
Milk (1 liter)
$2.15 ₩3,256
$2.14 ₩3,248
0.47%
White Bread (500g)
$3.09 ₩4,676
$2.25 ₩3,404
37.33%
Rice (white) (1kg)
$3.10 ₩4,703
$2.23 ₩3,379
39.01%
Eggs
$3.01 ₩4,564
$2.61 ₩3,952
15.33%
Local Cheese (1kg)
$10.60 ₩16.1K
$10.53 ₩16.0K
0.66%
Chicken Fillets (1kg)
$8.01 ₩12.1K
$8.47 ₩12.8K
-5.43%
Beef Round Steak (1kg)
$27.61 ₩41.8K
$27.80 ₩42.1K
-0.68%
Apples (1kg)
$8.00 ₩12.1K
$7.66 ₩11.6K
4.44%
Banana (1kg)
$3.24 ₩4,903
$3.12 ₩4,735
3.85%
Oranges (1kg)
$5.46 ₩8,271
$5.68 ₩8,600
-3.87%
Tomato (1kg)
$5.15 ₩7,805
$5.35 ₩8,109
-3.74%
Potato (1kg)
$3.96 ₩6,006
$3.02 ₩4,576
31.13%
Onion (1kg)
$2.98 ₩4,509
$1.89 ₩2,865
57.67%
Lettuce (1 head)
$2.14 ₩3,239
$2.17 ₩3,292
-1.38%
Water (1.5 liter bottle)
$1.15 ₩1,744
$0.46 ₩695
150.00%
Cigarettes 20 Pack (Marlboro, Camel)
$3.22 ₩4,876
$3.25 ₩4,925
-0.92%
Wine (Bottle)
$16.41 ₩24.9K
$16.99 ₩25.7K
-3.41%
Local Beer (0.5 liter bottle)
$1.89 ₩2,866
$1.90 ₩2,881
-0.53%
Imported Beer (0.33 liter bottle)
$3.33 ₩5,042
$1.61 ₩2,442
106.83%
🚌 Getting Around
Pangyo
Jeju
Difference
One-way Ticket (Public Transport)
$1.12 ₩1,694
$0.86 ₩1,305
30.23%
Public Transport Monthly Pass (Regular Price)
$47.67 ₩72.2K
-
-
Taxi Start (Normal Tariff)
$3.61 ₩5,466
$2.53 ₩3,840
42.69%
Taxi (Normal Tariff) (1km)
$0.53 ₩802
$0.53 ₩800
-
Taxi 1hour Waiting (Normal Tariff)
$8.73 ₩13.2K
$8.57 ₩13.0K
1.87%
Gasoline (1 liter)
$1.18 ₩1,780
$1.26 ₩1,913
-6.35%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.4K ₩41.5M
$28.0K ₩42.4M
-2.11%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.8K ₩37.6M
$24.8K ₩37.5M
0.01%
🧾 Monthly Utilities & Internet
Pangyo
Jeju
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$162 ₩245.9K
$159 ₩240.9K
2.04%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.40 ₩53.6K
$34.67 ₩52.5K
2.11%
Internet (50+ Mbps, Unlimited Data)
$21.84 ₩33.1K
$19.46 ₩29.5K
12.23%
🎉 Sport & Entertainment
Pangyo
Jeju
Difference
Gym Membership (Monthly)
$46.97 ₩71.2K
$36.23 ₩54.9K
29.64%
Tennis Court (1 Hour on Weekend)
$33.70 ₩51.1K
-
-
Cinema Ticket
$10.97 ₩16.6K
$10.88 ₩16.5K
0.83%
🧸 Childcare & Education
Pangyo
Jeju
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$419 ₩634.3K
$367 ₩556.3K
14.02%
International Primary School, 1 Child (Yearly)
$23.5K ₩35.6M
$24.3K ₩36.8M
-3.45%
👕👟 Clothing & Footwear
Pangyo
Jeju
Difference
Jeans (Levis 501 Or Similar)
$58.1 ₩88.0K
$51.3 ₩77.7K
13.18%
Summer Dress (H&M, Zara, etc)
$48.49 ₩73.5K
$29.51 ₩44.7K
64.32%
Sport Shoes (Adidas, Nike)
$78.6 ₩119.2K
$66.3 ₩100.5K
18.59%
Men's Leather Business Shoes
$114 ₩173.2K
$89.4 ₩135.5K
27.82%
🏠 Accommodation & Living
Pangyo
Jeju
Difference
1-bedroom Apartment, City Center (Monthly)
$456 ₩691.2K
$501 ₩759.2K
-8.95%
1-bedroom Apartment, Outside City Center (Monthly)
$381 ₩577.4K
$402 ₩609.2K
-5.21%
3-bedroom Apartment, City Center (Monthly)
$1,045 ₩1.6M
$1,017 ₩1.5M
2.71%
3-bedroom Apartment, Outside City Center (Monthly)
$771 ₩1.2M
$1,149 ₩1.7M
-32.89%
Buy Apartment in City Center (m2)
$9,529 ₩14.4M
$9,790 ₩14.8M
-2.67%
Buy Apartment Outside City Center (m2)
$5,255 ₩8.0M
$5,331 ₩8.1M
-1.43%
💵 Salaries & Financials
Pangyo
Jeju
Difference
Average Monthly Net Salary (After Tax)
$4,598 ₩7.0M
$1,672 ₩2.5M
175.03%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.14
4.14
-

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

Last update for Pangyo: May 31, 2026

Last update for Jeju: June 1, 2026

Cost Breakdown

A central one-bedroom costs $456 in Pangyo versus $501 in Jeju. 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 175% 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 $36.00 in Pangyo versus $51.0 in Jeju. Groceries tell a different story – $428 in Pangyo vs $401 in Jeju – so Jeju wins on supermarket bills even if dining out costs more.

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 Jeju: Cost of Living - Frequently Asked Questions
Is Jeju cheaper than Pangyo?
Yes – Pangyo is pricier by about 10%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,209 per month in Pangyo and $2,001 in Jeju. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Jeju, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Pangyo or Jeju?
A mid-range dinner for two costs $36.00 in Pangyo and $51.0 in Jeju. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Pangyo and Jeju?
Groceries cost about 7% more in Pangyo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,500 a realistic budget for Pangyo or Jeju?
A $1,500 monthly budget goes further in Jeju, where all-in costs run around $1,334, than in Pangyo at $1,472. In Jeju it covers expenses comfortably, while in Pangyo it requires careful planning or may not stretch far enough.
Is Pangyo or Jeju more family-friendly?
Families tend to lean toward Jeju – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Pangyo or Jeju?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Jeju. 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.

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