Last update: Oct 2026

Cost of Living Comparison Between Pangyo and Pohang

For one person, living is cheaper in Pohang: $1,365 a month against $1,467 in Pangyo, rent and utilities included – about $1,200 less a year. Other living expenses account for most of the difference.

71

Cost of Living Index in Pangyo
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Pangyo Living Index
66

Cost of Living Index in Pohang
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Pohang Living Index

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Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Pohang

🇰🇷 South Korea

$1,365

/mo nomad

Monthly Cost of Living

How much you'll spend in Pangyo and in Pohang

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

A single person spends $1,467 per month in Pangyo vs $1,365 in Pohang, rent included.

Pangyo $1,467
Pohang $1,365

A couple spends around $2,284 per month in Pangyo vs $2,214 in Pohang, rent included.

Pangyo $2,284
Pohang $2,214

A family of three spends $3,102 per month in Pangyo vs $3,063 in Pohang, rent included.

Pangyo $3,102
Pohang $3,063

Pangyo costs about 8% more than Pohang, and outside of rent the biggest gap is in transport.

Meal at Budget Restaurant

$7.37 ₩9,827

$6.08 ₩8,111

21.22%

Three-Course Dinner for Two, Mid-Range

$35.34 ₩47.1K

$22.35 ₩29.8K

58.12%

Fast Food Meal (McDonalds, etc)

$6.76 ₩9,020

$6.45 ₩8,605

4.81%

Cappuccino

$3.75 ₩5,003

$3.09 ₩4,115

21.36%

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

$1.55 ₩2,062

$1.47 ₩1,967

5.44%

Water (0.33 liter bottle)

$0.71 ₩950

$0.50 ₩666

42.00%

Local Beer (0.5 liter draught)

$3.58 ₩4,779

$3.67 ₩4,897

-2.45%

Imported Beer (0.33 liter bottle)

$4.58 ₩6,108

$3.82 ₩5,091

19.90%

Milk (1 liter)

$2.22 ₩2,959

$2.30 ₩3,061

-3.48%

White Bread (500g)

$3.14 ₩4,188

$3.17 ₩4,230

-0.95%

Rice (white) (1kg)

$2.66 ₩3,544

$1.53 ₩2,041

73.86%

Eggs

$2.73 ₩3,642

$2.76 ₩3,675

-1.09%

Local Cheese (1kg)

$11.04 ₩14.7K

$11.07 ₩14.8K

-0.27%

Chicken Fillets (1kg)

$7.74 ₩10.3K

$10.61 ₩14.2K

-27.05%

Beef Round Steak (1kg)

$20.46 ₩27.3K

$24.68 ₩32.9K

-17.10%

Apples (1kg)

$7.46 ₩9,945

$2.20 ₩2,940

239.09%

Banana (1kg)

$3.31 ₩4,414

$3.60 ₩4,802

-8.06%

Oranges (1kg)

$6.59 ₩8,788

$7.98 ₩10.6K

-17.42%

Tomato (1kg)

$5.98 ₩7,978

$3.11 ₩4,142

92.28%

Potato (1kg)

$3.60 ₩4,801

$5.13 ₩6,834

-29.82%

Onion (1kg)

$2.62 ₩3,495

$3.43 ₩4,572

-23.62%

Lettuce (1 head)

$2.73 ₩3,643

$2.22 ₩2,961

22.97%

Water (1.5 liter bottle)

$1.34 ₩1,784

$1.33 ₩1,775

0.75%

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,381

$3.43 ₩4,574

-4.08%

Wine (Bottle)

$18.41 ₩24.6K

$6.90 ₩9,207

166.81%

Local Beer (0.5 liter bottle)

$2.23 ₩2,972

$1.52 ₩2,032

46.71%

Imported Beer (0.33 liter bottle)

$3.41 ₩4,553

$3.44 ₩4,592

-0.87%

One-way Ticket (Public Transport)

$1.12 ₩1,492

$1.18 ₩1,579

-5.08%

Public Transport Monthly Pass (Regular Price)

$49.28 ₩65.7K

Taxi Start (Normal Tariff)

$3.52 ₩4,693

$3.42 ₩4,560

2.92%

Taxi (Normal Tariff) (1km)

$0.67 ₩890

$0.63 ₩838

6.35%

Taxi 1hour Waiting (Normal Tariff)

$9.26 ₩12.3K

$16.86 ₩22.5K

-45.08%

Gasoline (1 liter)

$1.35 ₩1,795

$1.30 ₩1,732

3.85%

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

$29.4K ₩39.2M

$29.5K ₩39.3M

-0.33%

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

$33.9K ₩45.2M

$29.4K ₩39.3M

15.15%

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

$209 ₩278.4K

$101 ₩134.9K

106.31%

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

$36.82 ₩49.1K

$37.06 ₩49.4K

-0.65%

Internet (50+ Mbps, Unlimited Data)

$21.24 ₩28.3K

$27.13 ₩36.2K

-21.71%

Gym Membership (Monthly)

$55.4 ₩73.9K

$29.93 ₩39.9K

85.10%

Tennis Court (1 Hour on Weekend)

$13.90 ₩18.5K

$14.02 ₩18.7K

-0.86%

Cinema Ticket

$11.11 ₩14.8K

$11.14 ₩14.9K

-0.27%

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

$381 ₩507.6K

$635 ₩847.0K

-40.08%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.7M

$22.0K ₩29.3M

-1.89%

Jeans (Levis 501 Or Similar)

$62.1 ₩82.8K

$104 ₩139.2K

-40.51%

Summer Dress (H&M, Zara, etc)

$61.4 ₩81.8K

$66.8 ₩89.1K

-8.18%

Sport Shoes (Adidas, Nike)

$74.7 ₩99.6K

$92.8 ₩123.8K

-19.56%

Men's Leather Business Shoes

$99.8 ₩133.0K

$113 ₩150.2K

-11.41%

1-bedroom Apartment, City Center (Monthly)

$493 ₩657.9K

$484 ₩646.0K

1.84%

1-bedroom Apartment, Outside City Center (Monthly)

$348 ₩464.3K

$440 ₩586.5K

-20.84%

3-bedroom Apartment, City Center (Monthly)

$1,157 ₩1.5M

$1,256 ₩1.7M

-7.88%

3-bedroom Apartment, Outside City Center (Monthly)

$742 ₩989.6K

$1,032 ₩1.4M

-28.09%

Buy Apartment in City Center (m2)

$7,115 ₩9.5M

$8,173 ₩10.9M

-12.94%

Buy Apartment Outside City Center (m2)

$5,495 ₩7.3M

$5,538 ₩7.4M

-0.77%

Average Monthly Net Salary (After Tax)

$5,227 ₩7.0M

$2,203 ₩2.9M

137.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

4.22

-2.84%

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

Last update for Pangyo: October 24, 2026

Last update for Pohang: October 24, 2026

Monthly budget structure

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

Groceries & Markets

Pangyo

$420 28.6%

Pohang

$388 28.4% 7.6% $32

Accommodation & Living

Pangyo

$348 23.7%

Pohang

$440 32.2% 26.3% $92

Monthly Utilities & Internet

Pangyo

$267 18.2%

Pohang

$165 12.1% 38% $101

Eating Out

Pangyo

$160 10.9%

Pohang

$139 10.2% 13.4% $21

Clothing & Footwear

Pangyo

$134 9.1%

Pohang

$170 12.4% 26.4% $35

Sport & Entertainment

Pangyo

$78 5.3%

Pohang

$52 3.8% 32.7% $25

Getting Around

Pangyo

$61 4.1%

Pohang

$11 * 0.8% 81.4% $49

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

Cost Breakdown

A central one-bedroom costs $493 in Pangyo versus $484 in Pohang. 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 2.4 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35 in Pangyo versus $22 in Pohang. Monthly groceries follow the same trend: $420 vs $388 – making Pohang the more affordable choice for daily food spending.

Good to know

🇰🇷 Pangyo

🇰🇷 Pohang

🕒 Local time

14:20 2:20 PM

Same time as Pangyo

🌤 Weather

👥 Population

514,869

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.5 USD

10,000 KRW = 6.72 EUR

10,000 KRW = 7.5 USD

10,000 KRW = 6.72 EUR

Exchange rates and currency converter

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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 Pohang: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 8%, 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 $2,047 in Pohang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $493 in Pangyo and $484 in Pohang. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $1,467 in Pangyo and $1,365 in Pohang. That makes Pohang about 7% cheaper.

Kindergarten costs $381 per month in Pangyo and $635 in Pohang. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$1,000 is a stretch for both – monthly costs hit $1,467 in Pangyo and $1,365 in Pohang. You’ll need shared housing and careful budgeting no matter which city you pick.

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