Last update: Nov 2026

Cost of Living Comparison Between Pangyo and Mokpo

For one person, living is cheaper in Mokpo: $1,406 a month against $1,458 in Pangyo, rent and utilities included – about $620 less a year. Other living expenses account for most of the difference.

Pangyo, South Korea
Mokpo, South Korea
Pangyo
🇰🇷 South Korea
$1,458
/mo nomad
Mokpo
🇰🇷 South Korea
$1,406
/mo nomad
Monthly Cost of Living

How much you'll spend in Pangyo and in Mokpo

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

A single person spends $1,458 per month in Pangyo vs $1,406 in Mokpo, rent included.

  • Pangyo $1,458
  • Mokpo $1,406

A couple spends around $2,354 per month in Pangyo vs $2,304 in Mokpo, rent included.

  • Pangyo $2,354
  • Mokpo $2,304

A family of three spends $3,249 per month in Pangyo vs $3,202 in Mokpo, rent included.

  • Pangyo $3,249
  • Mokpo $3,202

Pangyo costs about 4% more than Mokpo, and outside of rent the biggest gap is in transport.

Both Pangyo and Mokpo sit above the global median – Pangyo by 8%, Mokpo by 4%.

Currency
🍽 Eating Out
Pangyo
Mokpo
Difference
Meal at Budget Restaurant
$6.35 ₩8,530
$7.40 ₩9,949
-14.19%
Three-Course Dinner for Two, Mid-Range
$36.79 ₩49.4K
$37.40 ₩50.3K
-1.63%
Fast Food Meal (McDonalds, etc)
$7.47 ₩10.0K
$6.67 ₩8,969
11.99%
Cappuccino
$3.12 ₩4,189
$3.55 ₩4,775
-12.11%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.70 ₩2,282
$1.58 ₩2,128
7.59%
Water (0.33 liter bottle)
$0.78 ₩1,051
$0.69 ₩921
13.04%
Local Beer (0.5 liter draught)
$3.25 ₩4,368
$3.38 ₩4,544
-3.85%
Imported Beer (0.33 liter bottle)
$3.89 ₩5,228
$4.16 ₩5,594
-6.49%
🛒 Groceries & Markets
Pangyo
Mokpo
Difference
Milk (1 liter)
$2.16 ₩2,904
$2.14 ₩2,882
0.93%
White Bread (500g)
$3.10 ₩4,168
$3.15 ₩4,231
-1.59%
Rice (white) (1kg)
$2.64 ₩3,541
$2.73 ₩3,674
-3.30%
Eggs
$2.73 ₩3,665
$2.62 ₩3,525
4.20%
Local Cheese (1kg)
$11.26 ₩15.1K
$10.55 ₩14.2K
6.73%
Chicken Fillets (1kg)
$10.21 ₩13.7K
$10.58 ₩14.2K
-3.50%
Beef Round Steak (1kg)
$21.25 ₩28.6K
$21.61 ₩29.0K
-1.67%
Apples (1kg)
$7.48 ₩10.1K
$7.48 ₩10.1K
-
Banana (1kg)
$3.12 ₩4,193
$3.03 ₩4,068
2.97%
Oranges (1kg)
$5.52 ₩7,417
$5.30 ₩7,120
4.15%
Tomato (1kg)
$6.08 ₩8,165
$5.35 ₩7,184
13.64%
Potato (1kg)
$3.67 ₩4,933
$3.75 ₩5,042
-2.13%
Onion (1kg)
$2.58 ₩3,462
$2.71 ₩3,639
-4.80%
Lettuce (1 head)
$2.84 ₩3,819
$2.75 ₩3,700
3.27%
Water (1.5 liter bottle)
$1.27 ₩1,713
$1.25 ₩1,677
1.60%
Cigarettes 20 Pack (Marlboro, Camel)
$3.37 ₩4,526
$3.25 ₩4,364
3.69%
Wine (Bottle)
$13.40 ₩18.0K
$13.48 ₩18.1K
-0.59%
Local Beer (0.5 liter bottle)
$2.28 ₩3,063
$2.35 ₩3,159
-2.98%
Imported Beer (0.33 liter bottle)
$3.50 ₩4,698
$3.62 ₩4,861
-3.31%
🚌 Getting Around
Pangyo
Mokpo
Difference
One-way Ticket (Public Transport)
$1.10 ₩1,475
$1.00 ₩1,341
10.00%
Public Transport Monthly Pass (Regular Price)
$47.96 ₩64.4K
-
-
Taxi Start (Normal Tariff)
$3.62 ₩4,868
$4.09 ₩5,490
-11.49%
Taxi (Normal Tariff) (1km)
$0.66 ₩886
$0.59 ₩794
11.86%
Taxi 1hour Waiting (Normal Tariff)
$8.90 ₩12.0K
$9.80 ₩13.2K
-9.18%
Gasoline (1 liter)
$1.41 ₩1,893
$1.41 ₩1,901
-
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.2K ₩37.9M
$30.2K ₩40.6M
-6.65%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.5K ₩46.4M
$30.1K ₩40.5M
14.53%
🧾 Monthly Utilities & Internet
Pangyo
Mokpo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$201 ₩270.5K
$207 ₩277.8K
-2.60%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.81 ₩48.1K
$35.80 ₩48.1K
0.03%
Internet (50+ Mbps, Unlimited Data)
$21.13 ₩28.4K
$22.26 ₩29.9K
-5.08%
🎉 Sport & Entertainment
Pangyo
Mokpo
Difference
Gym Membership (Monthly)
$52.3 ₩70.3K
$50.6 ₩68.0K
3.36%
Tennis Court (1 Hour on Weekend)
$13.94 ₩18.7K
$12.38 ₩16.6K
12.60%
Cinema Ticket
$10.96 ₩14.7K
$11.94 ₩16.0K
-8.21%
🧸 Childcare & Education
Pangyo
Mokpo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$446 ₩599.1K
$416 ₩559.3K
7.10%
International Primary School, 1 Child (Yearly)
$21.6K ₩29.0M
$22.6K ₩30.4M
-4.75%
👕👟 Clothing & Footwear
Pangyo
Mokpo
Difference
Jeans (Levis 501 Or Similar)
$60.5 ₩81.3K
$62.6 ₩84.1K
-3.37%
Summer Dress (H&M, Zara, etc)
$57.6 ₩77.4K
$62.0 ₩83.3K
-7.13%
Sport Shoes (Adidas, Nike)
$73.1 ₩98.2K
$74.6 ₩100.2K
-2.05%
Men's Leather Business Shoes
$98.1 ₩131.9K
$109 ₩147.0K
-10.29%
🏠 Accommodation & Living
Pangyo
Mokpo
Difference
1-bedroom Apartment, City Center (Monthly)
$491 ₩659.4K
$533 ₩716.0K
-7.90%
1-bedroom Apartment, Outside City Center (Monthly)
$372 ₩500.4K
$344 ₩462.9K
8.12%
3-bedroom Apartment, City Center (Monthly)
$1,240 ₩1.7M
$1,118 ₩1.5M
10.91%
3-bedroom Apartment, Outside City Center (Monthly)
$936 ₩1.3M
$940 ₩1.3M
-0.41%
Buy Apartment in City Center (m2)
$6,805 ₩9.1M
$6,862 ₩9.2M
-0.82%
Buy Apartment Outside City Center (m2)
$5,450 ₩7.3M
$5,612 ₩7.5M
-2.89%
💵 Salaries & Financials
Pangyo
Mokpo
Difference
Average Monthly Net Salary (After Tax)
$5,113 ₩6.9M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.1
4.1
-

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

Last update for Pangyo: November 1, 2026

Last update for Mokpo: October 31, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
Pangyo
$419
Mokpo
$416 0.8% $3.4
Accommodation & Living
Pangyo
$372
Mokpo
$344 7.5% $28
Monthly Utilities & Internet
Pangyo
$258
Mokpo
$265 2.5% $6.5
Eating Out
Pangyo
$145
Mokpo
$156 8.1% $12
Clothing & Footwear
Pangyo
$130
Mokpo
$139 6.7% $8.7
Sport & Entertainment
Pangyo
$74
Mokpo
$74 0.3% $0.2
Getting Around
Pangyo
$59
Mokpo
$11 * 81.4% $48

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

Cost Breakdown

A central one-bedroom costs $491 in Pangyo versus $533 in Mokpo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $37 in Pangyo versus $37 in Mokpo. Groceries tell a different story – $419 in Pangyo vs $416 in Mokpo – so Mokpo wins on supermarket bills even if dining out costs more.

Good to know
🇰🇷 Pangyo
🇰🇷 Mokpo
🕒 Local time
15:49 3:49 PM
15:49 3:49 PM
Same time as Pangyo
🌤 Weather
👥 Population
237,739
💱 Currency
Exchange rates and currency converter

USD, EUR to KRW – South Korean Won Converter

South Korean Won exchange rates as of November 4, 2026: 1 USD = 1,344 KRW (10,000 KRW = 7.44 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

On the map
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  • Pangyo Mokpo 300 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 Mokpo: Cost of Living - Frequently Asked Questions
Is Mokpo cheaper than Pangyo?
Yes – Pangyo is pricier by about 4%, and outside of rent the gap shows up most in transport.
What income do you need for each city?
For a comfortable life, plan on about $2,187 per month in Pangyo and $2,109 in Mokpo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
What is the rent difference between Pangyo and Mokpo?
A central 1-bedroom goes for about $491 in Pangyo and $533 in Mokpo. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.
What are total monthly expenses in Pangyo and in Mokpo?
Monthly expenses with rent come to $1,458 in Pangyo and $1,406 in Mokpo. That makes Mokpo about 4% cheaper.
Which city has cheaper kindergarten?
Kindergarten costs $446 per month in Pangyo and $416 in Mokpo. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Which city is safer, Pangyo or Mokpo?
Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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