Cost of Living Comparison Between Pangyo and Seogwipo Cost of Living Comparison Between Pangyo and Seogwipo

Monthly Cost of Living

A single person spends $1,438 per month in Pangyo vs $1,373 in Seogwipo, rent included.

A couple spends around $2,265 per month in Pangyo vs $2,158 in Seogwipo, rent included.

A family of three spends $3,091 per month in Pangyo vs $2,943 in Seogwipo, rent included.

Pangyo costs about 5% more than Seogwipo, driven mainly by Getting Around.

Both Pangyo and Seogwipo sit above the global median – Pangyo by 7%, Seogwipo by 3%.

Meal at Budget Restaurant

$7.31 ₩10.8K

$7.06 ₩10.4K

3.54%

Three-Course Dinner for Two, Mid-Range

$37.38 ₩55.1K

$36.83 ₩54.3K

1.49%

Fast Food Meal (McDonalds, etc)

$5.46 ₩8,046

$5.37 ₩7,905

1.68%

Cappuccino

$3.78 ₩5,571

$3.79 ₩5,579

-0.26%

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

$1.54 ₩2,271

$1.61 ₩2,367

-4.35%

Water (0.33 liter bottle)

$0.84 ₩1,235

$0.79 ₩1,171

6.33%

Local Beer (0.5 liter draught)

$3.35 ₩4,931

$3.24 ₩4,776

3.40%

Imported Beer (0.33 liter bottle)

$4.96 ₩7,302

$4.95 ₩7,288

0.20%

Milk (1 liter)

$2.23 ₩3,280

$2.14 ₩3,160

4.21%

White Bread (500g)

$3.02 ₩4,448

$3.04 ₩4,483

-0.66%

Rice (white) (1kg)

$3.04 ₩4,474

$3.09 ₩4,550

-1.62%

Eggs

$3.00 ₩4,414

$2.86 ₩4,215

4.90%

Local Cheese (1kg)

$10.63 ₩15.7K

$10.45 ₩15.4K

1.72%

Chicken Fillets (1kg)

$8.46 ₩12.5K

$8.26 ₩12.2K

2.42%

Beef Round Steak (1kg)

$27.75 ₩40.9K

$27.83 ₩41.0K

-0.29%

Apples (1kg)

$7.73 ₩11.4K

$7.83 ₩11.5K

-1.28%

Banana (1kg)

$3.26 ₩4,801

$3.11 ₩4,587

4.82%

Oranges (1kg)

$5.44 ₩8,011

$5.67 ₩8,357

-4.06%

Tomato (1kg)

$5.37 ₩7,914

$5.28 ₩7,775

1.70%

Potato (1kg)

$4.01 ₩5,910

$4.01 ₩5,903

Onion (1kg)

$2.93 ₩4,323

$2.83 ₩4,164

3.53%

Lettuce (1 head)

$2.19 ₩3,220

$2.16 ₩3,180

1.39%

Water (1.5 liter bottle)

$1.21 ₩1,787

$1.17 ₩1,717

3.42%

Cigarettes 20 Pack (Marlboro, Camel)

$3.28 ₩4,833

$3.36 ₩4,955

-2.38%

Wine (Bottle)

$15.15 ₩22.3K

$15.56 ₩22.9K

-2.63%

Local Beer (0.5 liter bottle)

$1.86 ₩2,736

$1.87 ₩2,753

-0.53%

Imported Beer (0.33 liter bottle)

$3.21 ₩4,734

$3.31 ₩4,879

-3.02%

One-way Ticket (Public Transport)

$1.07 ₩1,573

$1.11 ₩1,632

-3.60%

Public Transport Monthly Pass (Regular Price)

$47.31 ₩69.7K

Taxi Start (Normal Tariff)

$3.49 ₩5,140

$3.48 ₩5,122

0.29%

Taxi (Normal Tariff) (1km)

$0.57 ₩841

$0.53 ₩775

7.55%

Taxi 1hour Waiting (Normal Tariff)

$8.88 ₩13.1K

$9.08 ₩13.4K

-2.20%

Gasoline (1 liter)

$1.20 ₩1,774

$1.15 ₩1,701

4.35%

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

$27.3K ₩40.3M

$28.2K ₩41.5M

-3.05%

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

$25.5K ₩37.5M

$25.0K ₩36.8M

1.99%

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

$163 ₩239.8K

$161 ₩237.4K

0.98%

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

$34.93 ₩51.5K

$35.34 ₩52.1K

-1.16%

Internet (50+ Mbps, Unlimited Data)

$22.64 ₩33.4K

$21.77 ₩32.1K

4.00%

Gym Membership (Monthly)

$47.40 ₩69.8K

$48.43 ₩71.3K

-2.13%

Tennis Court (1 Hour on Weekend)

$32.73 ₩48.2K

Cinema Ticket

$10.86 ₩16.0K

$10.93 ₩16.1K

-0.64%

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

$421 ₩619.7K

$419 ₩617.2K

0.41%

International Primary School, 1 Child (Yearly)

$23.2K ₩34.2M

-0.04%

Jeans (Levis 501 Or Similar)

$59.3 ₩87.4K

$58.7 ₩86.5K

1.11%

Summer Dress (H&M, Zara, etc)

$47.30 ₩69.7K

$48.06 ₩70.8K

-1.58%

Sport Shoes (Adidas, Nike)

$78.7 ₩116.0K

$78.2 ₩115.2K

0.63%

Men's Leather Business Shoes

$115 ₩169.5K

$118 ₩173.7K

-2.44%

1-bedroom Apartment, City Center (Monthly)

$451 ₩665.1K

$448 ₩659.8K

0.81%

1-bedroom Apartment, Outside City Center (Monthly)

$370 ₩545.2K

$377 ₩555.8K

-1.92%

3-bedroom Apartment, City Center (Monthly)

$1,086 ₩1.6M

$1,070 ₩1.6M

1.44%

3-bedroom Apartment, Outside City Center (Monthly)

$781 ₩1.1M

$777 ₩1.1M

0.40%

Buy Apartment in City Center (m2)

$9,655 ₩14.2M

$8,681 ₩12.8M

11.22%

Buy Apartment Outside City Center (m2)

$5,702 ₩8.4M

$5,458 ₩8.0M

4.48%

Average Monthly Net Salary (After Tax)

$4,739 ₩7.0M

$1,002 ₩1.5M

372.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

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

Last update for Pangyo: April 27, 2026

Last update for Seogwipo: April 28, 2026

Cost Breakdown

A central one-bedroom costs $451 in Pangyo versus $448 in Seogwipo. 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 373% 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 $37.00 in Pangyo versus $37.00 in Seogwipo. Groceries tell a different story – $428 in Pangyo vs $426 in Seogwipo – so Seogwipo 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 Seogwipo: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 5%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,157 per month in Pangyo and $2,059 in Seogwipo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Seogwipo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,438 in Pangyo and $1,373 in Seogwipo. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $421 per month in Pangyo and $419 in Seogwipo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Seogwipo, where all-in costs run around $1,373, than in Pangyo at $1,438. In Seogwipo it covers expenses comfortably, while in Pangyo it requires careful planning or may not stretch far enough.

Families tend to lean toward Seogwipo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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.

If budget matters most, go with Seogwipo. 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.