Last update: Oct 2026

Cost of Living Comparison Between Panjin and Seoul

For one person, living is cheaper in Panjin: $692 a month against $1,794 in Seoul, rent and utilities included – about $13,200 less a year. Rent and utilities account for about half of the difference.

34

Cost of Living Index in Panjin
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Panjin Living Index
88

Cost of Living Index in Seoul
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Seoul Living Index

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Panjin

🇨🇳 China

$692

/mo nomad

Seoul

🇰🇷 South Korea

$1,794

/mo nomad

Monthly Cost of Living

How much you'll spend in Panjin and in Seoul

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Panjin and in Seoul actually costs, broken down by who's living it.

A single person spends $692 per month in Panjin vs $1,794 in Seoul, rent included.

Panjin $692
Seoul $1,794

A couple spends around $1,079 per month in Panjin vs $2,863 in Seoul, rent included.

Panjin $1,079
Seoul $2,863

A family of three spends $1,466 per month in Panjin vs $3,931 in Seoul, rent included.

Panjin $1,466
Seoul $3,931

Panjin is about 61% cheaper than Seoul, and outside of rent the biggest gap is in groceries.

Panjin sits 49% below the global median, while Seoul is 33% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.98 ¥19.90

$8.80 ₩11.8K

-66.14%

Three-Course Dinner for Two, Mid-Range

$14.99 ¥100

$68.4 ₩91.4K

-78.08%

Fast Food Meal (McDonalds, etc)

$3.65 ¥24.40

$7.54 ₩10.1K

-51.59%

Cappuccino

$2.45 ¥16.40

$4.23 ₩5,653

-42.08%

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

$0.35 ¥2.35

$1.63 ₩2,178

-78.53%

Water (0.33 liter bottle)

$0.35 ¥2.36

$0.74 ₩990

-52.70%

Local Beer (0.5 liter draught)

$0.86 ¥5.75

$3.64 ₩4,868

-76.37%

Imported Beer (0.33 liter bottle)

$1.84 ¥12.30

$6.15 ₩8,216

-70.08%

Milk (1 liter)

$1.53 ¥10.21

$2.01 ₩2,692

-23.88%

White Bread (500g)

$2.39 ¥15.98

$3.13 ₩4,185

-23.64%

Rice (white) (1kg)

$0.62 ¥4.17

$4.32 ₩5,773

-85.65%

Eggs

$0.87 ¥5.81

$3.61 ₩4,818

-75.90%

Local Cheese (1kg)

$11.34 ¥75.8

$17.83 ₩23.8K

-36.40%

Chicken Fillets (1kg)

$1.50 ¥10.03

$10.45 ₩14.0K

-85.65%

Beef Round Steak (1kg)

$14.76 ¥98.6

$25.80 ₩34.5K

-42.79%

Apples (1kg)

$1.47 ¥9.79

$7.66 ₩10.2K

-80.81%

Banana (1kg)

$1.22 ¥8.14

$3.38 ₩4,521

-63.91%

Oranges (1kg)

$1.63 ¥10.90

$5.81 ₩7,762

-71.94%

Tomato (1kg)

$1.47 ¥9.84

$6.41 ₩8,562

-77.07%

Potato (1kg)

$0.57 ¥3.83

$3.75 ₩5,008

-84.80%

Onion (1kg)

$0.88 ¥5.86

$2.54 ₩3,392

-65.35%

Lettuce (1 head)

$0.43 ¥2.86

$2.84 ₩3,802

-84.86%

Water (1.5 liter bottle)

$0.64 ¥4.26

$1.11 ₩1,479

-42.34%

Cigarettes 20 Pack (Marlboro, Camel)

$3.71 ¥24.80

$3.35 ₩4,477

10.75%

Wine (Bottle)

$16.74 ¥112

$18.49 ₩24.7K

-9.46%

Local Beer (0.5 liter bottle)

$0.47 ¥3.12

$2.40 ₩3,201

-80.42%

Imported Beer (0.33 liter bottle)

$1.10 ¥7.36

$3.37 ₩4,502

-67.36%

One-way Ticket (Public Transport)

$0.29 ¥1.91

$1.14 ₩1,528

-74.56%

Public Transport Monthly Pass (Regular Price)

$15.75 ¥105

$46.11 ₩61.6K

-65.84%

Taxi Start (Normal Tariff)

$0.93 ¥6.19

$3.49 ₩4,667

-73.35%

Taxi (Normal Tariff) (1km)

$0.29 ¥1.91

$0.63 ₩844

-53.97%

Taxi 1hour Waiting (Normal Tariff)

$3.01 ¥20.08

$8.86 ₩11.8K

-66.03%

Gasoline (1 liter)

$1.18 ¥7.91

$1.51 ₩2,015

-21.85%

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

$19.7K ¥131.8K

$29.3K ₩39.1M

-32.59%

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

$14.8K ¥99.1K

$28.2K ₩37.7M

-47.40%

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

$45.36 ¥303

$218 ₩290.7K

-79.15%

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

$4.61 ¥30.82

$35.15 ₩47.0K

-86.88%

Internet (50+ Mbps, Unlimited Data)

$7.55 ¥50.5

$21.29 ₩28.4K

-64.54%

Gym Membership (Monthly)

$42.21 ¥282

$58.1 ₩77.6K

-27.30%

Tennis Court (1 Hour on Weekend)

$14.91 ¥99.6

$16.10 ₩21.5K

-7.39%

Cinema Ticket

$5.97 ¥39.86

$11.31 ₩15.1K

-47.21%

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

$296 ¥1,980

$1,948 ₩2.6M

-84.79%

International Primary School, 1 Child (Yearly)

$21.6K ¥144.6K

$22.9K ₩30.5M

-5.32%

Jeans (Levis 501 Or Similar)

$44.54 ¥298

$57.0 ₩76.2K

-21.91%

Summer Dress (H&M, Zara, etc)

$33.98 ¥227

$33.39 ₩44.6K

1.77%

Sport Shoes (Adidas, Nike)

$60.9 ¥407

$71.5 ₩95.5K

-14.84%

Men's Leather Business Shoes

$69.4 ¥463

$82.5 ₩110.3K

-15.96%

1-bedroom Apartment, City Center (Monthly)

$329 ¥2,199

$901 ₩1.2M

-63.45%

1-bedroom Apartment, Outside City Center (Monthly)

$181 ¥1,211

$612 ₩817.6K

-70.37%

3-bedroom Apartment, City Center (Monthly)

$581 ¥3,885

$2,526 ₩3.4M

-76.98%

3-bedroom Apartment, Outside City Center (Monthly)

$331 ¥2,209

$1,266 ₩1.7M

-73.89%

Buy Apartment in City Center (m2)

$3,032 ¥20.3K

$29.4K ₩39.3M

-89.69%

Buy Apartment Outside City Center (m2)

$2,074 ¥13.9K

$11.9K ₩15.9M

-82.58%

Average Monthly Net Salary (After Tax)

$604 ¥4,035

$3,650 ₩4.9M

-83.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.9

4.08

-4.41%

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

Last update for Panjin: October 11, 2026

Last update for Seoul: October 11, 2026

Monthly budget structure

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

Groceries & Markets

Panjin

$210 30.4%

Seoul

$477 26.6% 127% $266

Accommodation & Living

Panjin

$181 26.2%

Seoul

$612 34.1% 238% $431

Clothing & Footwear

Panjin

$94 13.6%

Seoul

$110 6.1% 17.1% $16

Eating Out

Panjin

$75 10.9%

Seoul

$184 10.2% 145% $109

Monthly Utilities & Internet

Panjin

$58 8.3%

Seoul

$274 15.3% 376% $216

Sport & Entertainment

Panjin

$54 7.8%

Seoul

$81 4.5% 49% $27

Getting Around

Panjin

$19 2.8%

Seoul

$57 3.2% 198% $38

Cost Breakdown

A central one-bedroom costs $329 in Panjin versus $901 in Seoul. 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 504% higher in Seoul, 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 $15.00 in Panjin versus $68.0 in Seoul. Monthly groceries follow the same trend: $210 vs $477 – making Panjin the more affordable choice for daily food spending.

Good to know

🇨🇳 Panjin

🇰🇷 Seoul

🕒 Local time

12:14 12:14 PM

13:14 1:14 PM

1 h ahead of Panjin

🌤 Weather

👥 Population

1,389,691

9,509,458 Capital

💱 Currency

Chinese Yuan CNY ¥

South Korean Won KRW ₩

📈 Exchange rate

1 CNY = 0.15 USD

1 CNY = 0.134 EUR

10,000 KRW = 7.48 USD

10,000 KRW = 6.68 EUR

Exchange rates and currency converter

KRW, USD, EUR to CNY – Chinese Yuan Converter

🇺🇸 United States Dollar ($)

🇨🇳 Chinese Yuan (¥)

Chinese Yuan exchange rates as of October 15, 2026: 1 USD = 6.68 CNY (1 CNY = 0.15 USD). 1 EUR = 7.48 CNY (1 CNY = 0.134 EUR).

South Korean Won exchange rates as of October 15, 2026: 1 USD = 1,336 KRW (10,000 KRW = 7.48 USD). 1 EUR = 1,496 KRW (10,000 KRW = 6.68 EUR).

USD to CNY in detail →

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Between locations

Panjin Seoul 580 km ≈ 1 h 15 min nonstop flight

From you

Panjin
Seoul

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

Panjin vs Seoul: Cost of Living - Frequently Asked Questions

Seoul costs about 159% more than Panjin, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,037 per month in Panjin and $2,692 in Seoul. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 127% more in Seoul, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $15.00 in Panjin and $68.0 in Seoul. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Panjin, where all-in costs run around $692, than in Seoul at $1,794. In Panjin it covers expenses comfortably, while in Seoul it requires careful planning or may not stretch far enough.

Families tend to lean toward Panjin – 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 Panjin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Seoul makes more sense. Both are solid long-term options with distinct trade-offs.