Cost of Living Comparison Between Suwon and Pangyo Cost of Living Comparison Between Suwon and Pangyo

Monthly Cost of Living

A single person spends $1,393 per month in Suwon vs $1,438 in Pangyo, rent included.

A couple spends around $2,096 per month in Suwon vs $2,265 in Pangyo, rent included.

A family of three spends $2,798 per month in Suwon vs $3,091 in Pangyo, rent included.

Suwon is about 3% cheaper than Pangyo, driven mainly by Groceries & Markets.

Both Suwon and Pangyo sit above the global median – Suwon by 4%, Pangyo by 7%.

Meal at Budget Restaurant

$7.44 ₩11.0K

$7.31 ₩10.8K

1.78%

Three-Course Dinner for Two, Mid-Range

$29.14 ₩42.9K

$37.38 ₩55.1K

-22.04%

Fast Food Meal (McDonalds, etc)

$5.07 ₩7,472

$5.46 ₩8,047

-7.14%

Cappuccino

$3.55 ₩5,225

$3.78 ₩5,571

-6.08%

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

$1.54 ₩2,274

$1.54 ₩2,272

Water (0.33 liter bottle)

$0.68 ₩1,006

$0.84 ₩1,235

-19.05%

Local Beer (0.5 liter draught)

$3.73 ₩5,497

$3.35 ₩4,931

11.34%

Imported Beer (0.33 liter bottle)

$4.34 ₩6,391

$4.96 ₩7,303

-12.50%

Milk (1 liter)

$2.16 ₩3,190

$2.23 ₩3,280

-3.14%

White Bread (500g)

$2.26 ₩3,333

$3.02 ₩4,448

-25.17%

Rice (white) (1kg)

$3.21 ₩4,734

$3.04 ₩4,474

5.59%

Eggs

$2.41 ₩3,546

$3.00 ₩4,414

-19.67%

Local Cheese (1kg)

$10.82 ₩15.9K

$10.63 ₩15.7K

1.79%

Chicken Fillets (1kg)

$10.73 ₩15.8K

$8.46 ₩12.5K

26.83%

Beef Round Steak (1kg)

$12.05 ₩17.8K

$27.75 ₩40.9K

-56.58%

Apples (1kg)

$5.53 ₩8,154

$7.73 ₩11.4K

-28.46%

Banana (1kg)

$2.78 ₩4,089

$3.26 ₩4,801

-14.72%

Oranges (1kg)

$5.23 ₩7,702

$5.44 ₩8,011

-3.86%

Tomato (1kg)

$2.56 ₩3,767

$5.37 ₩7,914

-52.33%

Potato (1kg)

$4.01 ₩5,915

$4.01 ₩5,910

Onion (1kg)

$2.24 ₩3,295

$2.93 ₩4,323

-23.55%

Lettuce (1 head)

$2.59 ₩3,811

$2.19 ₩3,220

18.26%

Water (1.5 liter bottle)

$0.90 ₩1,320

$1.21 ₩1,787

-25.62%

Cigarettes 20 Pack (Marlboro, Camel)

$3.25 ₩4,785

$3.28 ₩4,833

-0.91%

Wine (Bottle)

$12.41 ₩18.3K

$15.15 ₩22.3K

-18.09%

Local Beer (0.5 liter bottle)

$2.04 ₩3,009

$1.86 ₩2,736

9.68%

Imported Beer (0.33 liter bottle)

$2.16 ₩3,183

$3.21 ₩4,734

-32.71%

One-way Ticket (Public Transport)

$1.21 ₩1,782

$1.07 ₩1,573

13.08%

Public Transport Monthly Pass (Regular Price)

$47.80 ₩70.4K

$47.31 ₩69.7K

1.04%

Taxi Start (Normal Tariff)

$2.73 ₩4,015

$3.49 ₩5,140

-21.78%

Taxi (Normal Tariff) (1km)

$0.56 ₩828

$0.57 ₩841

-1.75%

Taxi 1hour Waiting (Normal Tariff)

$8.57 ₩12.6K

$8.88 ₩13.1K

-3.49%

Gasoline (1 liter)

$1.25 ₩1,835

$1.20 ₩1,774

4.17%

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

$28.2K ₩41.5M

$27.3K ₩40.3M

3.21%

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

$13.9K ₩20.4M

$25.5K ₩37.5M

-45.57%

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

$165 ₩242.5K

$163 ₩239.8K

1.14%

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

$34.89 ₩51.4K

$34.93 ₩51.5K

-0.11%

Internet (50+ Mbps, Unlimited Data)

$21.97 ₩32.4K

$22.64 ₩33.4K

-2.96%

Gym Membership (Monthly)

$45.83 ₩67.5K

$47.40 ₩69.8K

-3.31%

Tennis Court (1 Hour on Weekend)

$14.48 ₩21.3K

$32.73 ₩48.2K

-55.76%

Cinema Ticket

$11.22 ₩16.5K

$10.86 ₩16.0K

3.31%

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

$420 ₩619.1K

$421 ₩619.7K

-0.10%

International Primary School, 1 Child (Yearly)

$23.5K ₩34.6M

$23.2K ₩34.2M

1.30%

Jeans (Levis 501 Or Similar)

$34.24 ₩50.4K

$59.3 ₩87.4K

-42.30%

Summer Dress (H&M, Zara, etc)

$48.28 ₩71.1K

$47.30 ₩69.7K

2.07%

Sport Shoes (Adidas, Nike)

$79.4 ₩116.9K

$78.7 ₩116.0K

0.84%

Men's Leather Business Shoes

$26.84 ₩39.5K

$115 ₩169.5K

-76.66%

1-bedroom Apartment, City Center (Monthly)

$444 ₩654.8K

$451 ₩665.1K

-1.55%

1-bedroom Apartment, Outside City Center (Monthly)

$445 ₩655.9K

$370 ₩545.2K

20.32%

3-bedroom Apartment, City Center (Monthly)

$916 ₩1.4M

$1,086 ₩1.6M

-15.57%

3-bedroom Apartment, Outside City Center (Monthly)

$867 ₩1.3M

$781 ₩1.1M

11.06%

Buy Apartment in City Center (m2)

$10.8K ₩16.0M

$9,655 ₩14.2M

12.30%

Buy Apartment Outside City Center (m2)

$6,590 ₩9.7M

$5,702 ₩8.4M

15.57%

Average Monthly Net Salary (After Tax)

$2,276 ₩3.4M

$4,739 ₩7.0M

-51.98%

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 Suwon: April 25, 2026

Last update for Pangyo: April 27, 2026

Cost Breakdown

A central one-bedroom costs $444 in Suwon versus $451 in Pangyo. 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 108% 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 $29 in Suwon versus $37 in Pangyo. Monthly groceries follow the same trend: $344 vs $428 – making Suwon the more affordable choice for daily food spending.

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

Suwon vs Pangyo: Cost of Living - Frequently Asked Questions

Yes – Pangyo is pricier by about 3%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,090 per month in Suwon and $2,157 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 1% less in Suwon. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $420 per month in Suwon and $421 in Pangyo. 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 Suwon, where all-in costs run around $1,393, than in Pangyo at $1,438. In Suwon it covers expenses comfortably, while in Pangyo it requires careful planning or may not stretch far enough.

Families tend to lean toward Suwon – 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 Suwon. 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.