Cost of Living Comparison Between Pangyo and Mokpo Cost of Living Comparison Between Pangyo and Mokpo

Monthly Cost of Living

A single person spends $1,467 per month in Pangyo vs $1,469 in Mokpo, rent included.

A couple spends around $2,261 per month in Pangyo vs $2,302 in Mokpo, rent included.

A family of three spends $3,056 per month in Pangyo vs $3,136 in Mokpo, rent included.

Pangyo and Mokpo have comparable living costs – the differences are in the details.

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

Currency
🍽 Eating Out
Pangyo
Mokpo
Difference
Meal at Budget Restaurant
$7.02 ₩10.1K
$13.79 ₩19.8K
-49.09%
Three-Course Dinner for Two, Mid-Range
$36.12 ₩51.9K
$36.15 ₩52.0K
-0.08%
Fast Food Meal (McDonalds, etc)
$5.50 ₩7,914
$5.30 ₩7,628
3.77%
Cappuccino
$3.91 ₩5,630
$3.92 ₩5,640
-0.26%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.55 ₩2,225
$1.53 ₩2,200
1.31%
Water (0.33 liter bottle)
$0.78 ₩1,129
$0.85 ₩1,218
-8.24%
Local Beer (0.5 liter draught)
$3.36 ₩4,836
$3.26 ₩4,683
3.07%
Imported Beer (0.33 liter bottle)
$4.99 ₩7,181
$4.96 ₩7,138
0.60%
🛒 Groceries & Markets
Pangyo
Mokpo
Difference
Milk (1 liter)
$2.24 ₩3,220
$2.23 ₩3,214
0.45%
White Bread (500g)
$3.11 ₩4,468
$3.07 ₩4,416
1.30%
Rice (white) (1kg)
$3.08 ₩4,432
$3.02 ₩4,346
1.99%
Eggs
$2.88 ₩4,140
$2.87 ₩4,133
0.35%
Local Cheese (1kg)
$10.52 ₩15.1K
$10.32 ₩14.8K
1.94%
Chicken Fillets (1kg)
$8.33 ₩12.0K
$8.00 ₩11.5K
4.13%
Beef Round Steak (1kg)
$27.01 ₩38.8K
$27.57 ₩39.6K
-2.03%
Apples (1kg)
$8.08 ₩11.6K
$7.92 ₩11.4K
2.02%
Banana (1kg)
$3.23 ₩4,649
$3.24 ₩4,664
-0.31%
Oranges (1kg)
$5.69 ₩8,190
$5.67 ₩8,154
0.35%
Tomato (1kg)
$5.28 ₩7,600
$5.20 ₩7,485
1.54%
Potato (1kg)
$3.86 ₩5,552
$3.85 ₩5,533
0.26%
Onion (1kg)
$2.83 ₩4,073
$2.92 ₩4,200
-3.08%
Lettuce (1 head)
$2.19 ₩3,149
$2.21 ₩3,183
-0.90%
Water (1.5 liter bottle)
$1.15 ₩1,656
$1.15 ₩1,660
-
Cigarettes 20 Pack (Marlboro, Camel)
$3.35 ₩4,812
$3.30 ₩4,744
1.52%
Wine (Bottle)
$16.83 ₩24.2K
$17.22 ₩24.8K
-2.26%
Local Beer (0.5 liter bottle)
$1.89 ₩2,721
$1.79 ₩2,572
5.59%
Imported Beer (0.33 liter bottle)
$3.36 ₩4,834
$3.37 ₩4,852
-0.30%
🚌 Getting Around
Pangyo
Mokpo
Difference
One-way Ticket (Public Transport)
$1.07 ₩1,541
$1.11 ₩1,594
-3.60%
Public Transport Monthly Pass (Regular Price)
$47.57 ₩68.4K
-
-
Taxi Start (Normal Tariff)
$3.48 ₩5,011
$3.59 ₩5,159
-3.06%
Taxi (Normal Tariff) (1km)
$0.56 ₩809
$0.52 ₩752
7.69%
Taxi 1hour Waiting (Normal Tariff)
$8.59 ₩12.3K
$8.74 ₩12.6K
-1.72%
Gasoline (1 liter)
$1.21 ₩1,744
$1.22 ₩1,755
-0.82%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.3K ₩40.7M
$27.5K ₩39.6M
2.78%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.1K ₩36.1M
$25.5K ₩36.6M
-1.40%
🧾 Monthly Utilities & Internet
Pangyo
Mokpo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$166 ₩238.4K
$163 ₩234.7K
1.58%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.13 ₩50.5K
$35.11 ₩50.5K
0.06%
Internet (50+ Mbps, Unlimited Data)
$22.11 ₩31.8K
$22.45 ₩32.3K
-1.51%
🎉 Sport & Entertainment
Pangyo
Mokpo
Difference
Gym Membership (Monthly)
$48.48 ₩69.7K
$48.07 ₩69.1K
0.85%
Tennis Court (1 Hour on Weekend)
$33.18 ₩47.7K
-
-
Cinema Ticket
$11.20 ₩16.1K
$11.24 ₩16.2K
-0.36%
🧸 Childcare & Education
Pangyo
Mokpo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$413 ₩593.5K
$420 ₩604.6K
-1.84%
International Primary School, 1 Child (Yearly)
$23.0K ₩33.1M
$23.2K ₩33.4M
-0.83%
👕👟 Clothing & Footwear
Pangyo
Mokpo
Difference
Jeans (Levis 501 Or Similar)
$58.3 ₩83.9K
$51.0 ₩73.4K
14.27%
Summer Dress (H&M, Zara, etc)
$47.87 ₩68.8K
$48.46 ₩69.7K
-1.22%
Sport Shoes (Adidas, Nike)
$81.1 ₩116.6K
$79.3 ₩114.1K
2.19%
Men's Leather Business Shoes
$116 ₩166.8K
$116 ₩167.2K
-0.25%
🏠 Accommodation & Living
Pangyo
Mokpo
Difference
1-bedroom Apartment, City Center (Monthly)
$448 ₩643.6K
$456 ₩655.6K
-1.83%
1-bedroom Apartment, Outside City Center (Monthly)
$371 ₩533.0K
$378 ₩544.3K
-2.08%
3-bedroom Apartment, City Center (Monthly)
$1,045 ₩1.5M
$1,044 ₩1.5M
0.09%
3-bedroom Apartment, Outside City Center (Monthly)
$762 ₩1.1M
$758 ₩1.1M
0.44%
Buy Apartment in City Center (m2)
$7,171 ₩10.3M
$8,205 ₩11.8M
-12.60%
Buy Apartment Outside City Center (m2)
$5,115 ₩7.4M
$4,966 ₩7.1M
3.00%
💵 Salaries & Financials
Pangyo
Mokpo
Difference
Average Monthly Net Salary (After Tax)
$4,873 ₩7.0M
-
-
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: July 27, 2026

Last update for Mokpo: July 28, 2026

Cost Breakdown

A central one-bedroom costs $448 in Pangyo versus $456 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 $36.00 in Pangyo versus $36.00 in Mokpo. Groceries tell a different story – $430 in Pangyo vs $428 in Mokpo – so Mokpo 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 Mokpo: Cost of Living - Frequently Asked Questions
What income do you need for each city?
For a comfortable life, plan on about $2,200 per month in Pangyo and $2,203 in Mokpo. 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 Pangyo, 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 in Mokpo?
A mid-range dinner for two costs $36.00 in Pangyo and $36.00 in Mokpo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city has cheaper kindergarten?
Kindergarten costs $413 per month in Pangyo and $420 in Mokpo. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $1,500 a realistic budget for living in Pangyo or in Mokpo?
A $1,500 monthly budget goes further in Pangyo, where all-in costs run around $1,467, than in Mokpo at $1,469. In Pangyo it covers expenses comfortably, while in Mokpo it requires careful planning or may not stretch far enough.
Is Pangyo or Mokpo more family-friendly?
Families tend to lean toward Pangyo – 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 Mokpo?
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 Pangyo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Mokpo makes more sense. Both are solid long-term options with distinct trade-offs.

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