Last update: Oct 2026

Cost of Living Comparison Between Pohang and Pangyo

For one person, living is cheaper in Pohang: $1,362 a month against $1,468 in Pangyo, rent and utilities included – about $1,300 less a year. Other living expenses account for most of the difference.

66

Cost of Living Index in Pohang
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Pohang Living Index
72

Cost of Living Index in Pangyo
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Pangyo Living Index

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Pohang

🇰🇷 South Korea

$1,362

/mo nomad

Pangyo

🇰🇷 South Korea

$1,468

/mo nomad

Monthly Cost of Living

How much you'll spend in Pohang and in Pangyo

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

A single person spends $1,362 per month in Pohang vs $1,468 in Pangyo, rent included.

Pohang $1,362
Pangyo $1,468

A couple spends around $1,682 per month in Pohang vs $2,279 in Pangyo, rent included.

Pohang $1,682
Pangyo $2,279

A family of three spends $2,002 per month in Pohang vs $3,091 in Pangyo, rent included.

Pohang $2,002
Pangyo $3,091

Pohang is about 7% cheaper than Pangyo, and outside of rent the biggest gap is in transport.

Both Pohang and Pangyo sit above the global median – Pohang by 1%, Pangyo by 9%.

Meal at Budget Restaurant

$5.91 ₩7,857

$7.24 ₩9,624

-18.37%

Three-Course Dinner for Two, Mid-Range

$22.55 ₩30.0K

$35.02 ₩46.6K

-35.61%

Fast Food Meal (McDonalds, etc)

$6.52 ₩8,675

$6.73 ₩8,950

-3.12%

Cappuccino

$3.02 ₩4,012

$3.78 ₩5,025

-20.11%

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

$1.48 ₩1,967

$1.59 ₩2,118

-6.92%

Water (0.33 liter bottle)

$0.53 ₩710

$0.71 ₩940

-25.35%

Local Beer (0.5 liter draught)

$3.64 ₩4,836

$3.42 ₩4,547

6.43%

Imported Beer (0.33 liter bottle)

$3.81 ₩5,062

$4.28 ₩5,685

-10.98%

Milk (1 liter)

$2.36 ₩3,142

$2.25 ₩2,998

4.89%

White Bread (500g)

$3.25 ₩4,319

$3.02 ₩4,015

7.62%

Rice (white) (1kg)

$1.46 ₩1,940

$2.67 ₩3,555

-45.32%

Eggs

$2.73 ₩3,634

$2.59 ₩3,450

5.41%

Local Cheese (1kg)

$10.95 ₩14.6K

$11.09 ₩14.7K

-1.26%

Chicken Fillets (1kg)

$10.36 ₩13.8K

$7.98 ₩10.6K

29.82%

Beef Round Steak (1kg)

$24.86 ₩33.1K

$20.67 ₩27.5K

20.27%

Apples (1kg)

$2.20 ₩2,929

$7.73 ₩10.3K

-71.54%

Banana (1kg)

$3.61 ₩4,798

$3.45 ₩4,583

4.64%

Oranges (1kg)

$7.91 ₩10.5K

$7.25 ₩9,642

9.10%

Tomato (1kg)

$2.92 ₩3,879

$5.78 ₩7,685

-49.48%

Potato (1kg)

$5.00 ₩6,653

$3.60 ₩4,784

38.89%

Onion (1kg)

$3.41 ₩4,532

$2.58 ₩3,431

32.17%

Lettuce (1 head)

$2.27 ₩3,015

$2.78 ₩3,691

-18.35%

Water (1.5 liter bottle)

$1.34 ₩1,785

$1.28 ₩1,700

4.69%

Cigarettes 20 Pack (Marlboro, Camel)

$3.31 ₩4,407

$3.30 ₩4,385

0.30%

Wine (Bottle)

$6.49 ₩8,631

$18.39 ₩24.4K

-64.71%

Local Beer (0.5 liter bottle)

$1.53 ₩2,031

$2.29 ₩3,047

-33.19%

Imported Beer (0.33 liter bottle)

$3.49 ₩4,638

$3.48 ₩4,627

0.29%

One-way Ticket (Public Transport)

$1.15 ₩1,527

Public Transport Monthly Pass (Regular Price)

$48.37 ₩64.3K

Taxi Start (Normal Tariff)

$3.30 ₩4,388

$3.32 ₩4,412

-0.60%

Taxi (Normal Tariff) (1km)

$0.58 ₩766

$0.66 ₩884

-12.12%

Taxi 1hour Waiting (Normal Tariff)

$16.64 ₩22.1K

$12.83 ₩17.1K

29.70%

Gasoline (1 liter)

$1.24 ₩1,647

$1.35 ₩1,797

-8.15%

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

$29.5K ₩39.2M

$29.8K ₩39.6M

-1.06%

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

$28.4K ₩37.8M

$34.2K ₩45.5M

-16.96%

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

$102 ₩136.1K

$201 ₩267.4K

-49.11%

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

$36.26 ₩48.2K

$36.58 ₩48.6K

-0.87%

Internet (50+ Mbps, Unlimited Data)

$26.84 ₩35.7K

$21.78 ₩29.0K

23.23%

Gym Membership (Monthly)

$30.38 ₩40.4K

$51.9 ₩69.0K

-41.48%

Tennis Court (1 Hour on Weekend)

$7.43 ₩9,884

$12.07 ₩16.0K

-38.44%

Cinema Ticket

$11.38 ₩15.1K

$11.39 ₩15.1K

-0.09%

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

$637 ₩847.5K

$520 ₩691.0K

22.65%

International Primary School, 1 Child (Yearly)

$21.8K ₩29.0M

$21.9K ₩29.1M

-0.58%

Jeans (Levis 501 Or Similar)

$105 ₩139.2K

$65.9 ₩87.6K

58.90%

Summer Dress (H&M, Zara, etc)

$64.3 ₩85.5K

$62.8 ₩83.5K

2.40%

Sport Shoes (Adidas, Nike)

$92.5 ₩122.9K

$74.8 ₩99.4K

23.66%

Men's Leather Business Shoes

$111 ₩147.9K

$98.3 ₩130.7K

13.10%

1-bedroom Apartment, City Center (Monthly)

$478 ₩636.2K

1-bedroom Apartment, Outside City Center (Monthly)

$447 ₩594.3K

$356 ₩473.1K

25.61%

3-bedroom Apartment, City Center (Monthly)

$1,171 ₩1.6M

3-bedroom Apartment, Outside City Center (Monthly)

$739 ₩983.0K

Buy Apartment in City Center (m2)

$7,085 ₩9.4M

Buy Apartment Outside City Center (m2)

$2,990 ₩4.0M

$5,485 ₩7.3M

-45.48%

Average Monthly Net Salary (After Tax)

$2,240 ₩3.0M

$5,307 ₩7.1M

-57.79%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

4.1

2.93%

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

Last update for Pohang: October 11, 2026

Last update for Pangyo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Pohang

$447 32.8%

Pangyo

$356 24.3% 20.4% $91

Groceries & Markets

Pohang

$386 28.3%

Pangyo

$424 28.9% 9.9% $38

Clothing & Footwear

Pohang

$168 12.3%

Pangyo

$136 9.3% 19% $32

Monthly Utilities & Internet

Pohang

$165 12.2%

Pangyo

$259 17.7% 56.8% $94

Eating Out

Pohang

$137 10.1%

Pangyo

$158 10.8% 15.6% $21

Sport & Entertainment

Pohang

$53 3.9%

Pangyo

$75 5.1% 40.5% $22

Getting Around

Pohang

$6.2 * 0.5%

Pangyo

$60 4.1% 865% $53

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

Cost Breakdown

Salaries run about 137% 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 $23.00 in Pohang versus $35.00 in Pangyo. Monthly groceries follow the same trend: $386 vs $424 – making Pohang the more affordable choice for daily food spending.

Good to know

🇰🇷 Pohang

🇰🇷 Pangyo

🕒 Local time

13:16 1:16 PM

Same time as Pohang

🌤 Weather

👥 Population

514,869

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 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

Pohang vs Pangyo: 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 $2,043 per month in Pohang and $2,201 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,362 in Pohang and $1,468 in Pangyo. That's a gap of about 8%.

Kindergarten costs $637 per month in Pohang and $520 in Pangyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Pohang, where all-in costs run around $1,362, than in Pangyo at $1,468. In Pohang it covers expenses comfortably, while in Pangyo it requires careful planning or may not stretch far enough.

Families tend to lean toward Pohang – 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 Pohang. 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.