Last update: Oct 2026

Cost of Living Comparison Between Suwon and Pangyo

For one person, living is cheaper in Suwon: $1,372 a month against $1,467 in Pangyo, rent and utilities included – about $1,100 less a year. Other living expenses account for most of the difference.

66

Cost of Living Index in Suwon
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Suwon Living Index
71

Cost of Living Index in Pangyo
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Pangyo Living Index

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Suwon

🇰🇷 South Korea

$1,372

/mo nomad

Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Monthly Cost of Living

How much you'll spend in Suwon 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 Suwon and in Pangyo actually costs, broken down by who's living it.

A single person spends $1,372 per month in Suwon vs $1,467 in Pangyo, rent included.

Suwon $1,372
Pangyo $1,467

A couple spends around $2,163 per month in Suwon vs $2,284 in Pangyo, rent included.

Suwon $2,163
Pangyo $2,284

A family of three spends $2,954 per month in Suwon vs $3,102 in Pangyo, rent included.

Suwon $2,954
Pangyo $3,102

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

Meal at Budget Restaurant

$6.06 ₩8,118

$7.37 ₩9,877

-17.77%

Three-Course Dinner for Two, Mid-Range

$29.93 ₩40.1K

$35.34 ₩47.4K

-15.31%

Fast Food Meal (McDonalds, etc)

$7.65 ₩10.3K

$6.76 ₩9,066

13.17%

Cappuccino

$3.41 ₩4,572

$3.75 ₩5,028

-9.07%

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

$1.57 ₩2,100

$1.55 ₩2,072

1.29%

Water (0.33 liter bottle)

$0.59 ₩790

$0.71 ₩954

-16.90%

Local Beer (0.5 liter draught)

$3.83 ₩5,136

$3.58 ₩4,804

6.98%

Imported Beer (0.33 liter bottle)

$4.77 ₩6,390

$4.58 ₩6,140

4.15%

Milk (1 liter)

$2.60 ₩3,491

$2.22 ₩2,975

17.12%

White Bread (500g)

$2.60 ₩3,482

$3.14 ₩4,209

-17.20%

Rice (white) (1kg)

$3.36 ₩4,510

$2.66 ₩3,562

26.32%

Eggs

$3.17 ₩4,249

$2.73 ₩3,661

16.12%

Local Cheese (1kg)

$11.15 ₩14.9K

$11.04 ₩14.8K

1.00%

Chicken Fillets (1kg)

$11.64 ₩15.6K

$7.74 ₩10.4K

50.39%

Beef Round Steak (1kg)

$11.39 ₩15.3K

$20.46 ₩27.4K

-44.33%

Apples (1kg)

$6.22 ₩8,338

$7.46 ₩9,996

-16.62%

Banana (1kg)

$2.93 ₩3,925

$3.31 ₩4,437

-11.48%

Oranges (1kg)

$5.30 ₩7,100

$6.59 ₩8,833

-19.58%

Tomato (1kg)

$4.40 ₩5,904

$5.98 ₩8,019

-26.42%

Potato (1kg)

$3.47 ₩4,646

$3.60 ₩4,825

-3.61%

Onion (1kg)

$2.74 ₩3,669

$2.62 ₩3,513

4.58%

Lettuce (1 head)

$4.94 ₩6,619

$2.73 ₩3,661

80.95%

Water (1.5 liter bottle)

$1.36 ₩1,821

$1.34 ₩1,793

1.49%

Cigarettes 20 Pack (Marlboro, Camel)

$3.73 ₩5,000

$3.29 ₩4,404

13.37%

Wine (Bottle)

$13.45 ₩18.0K

$18.41 ₩24.7K

-26.94%

Local Beer (0.5 liter bottle)

$2.53 ₩3,393

$2.23 ₩2,987

13.45%

Imported Beer (0.33 liter bottle)

$3.86 ₩5,169

$3.41 ₩4,576

13.20%

One-way Ticket (Public Transport)

$1.24 ₩1,658

$1.12 ₩1,499

10.71%

Public Transport Monthly Pass (Regular Price)

$48.67 ₩65.2K

$49.28 ₩66.1K

-1.24%

Taxi Start (Normal Tariff)

$2.88 ₩3,861

$3.52 ₩4,717

-18.18%

Taxi (Normal Tariff) (1km)

$0.63 ₩842

$0.67 ₩895

-5.97%

Taxi 1hour Waiting (Normal Tariff)

$8.98 ₩12.0K

$9.26 ₩12.4K

-3.02%

Gasoline (1 liter)

$1.32 ₩1,771

$1.35 ₩1,804

-2.22%

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

$28.7K ₩38.5M

$29.4K ₩39.4M

-2.30%

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

$25.2K ₩33.8M

$33.9K ₩45.4M

-25.59%

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

$186 ₩248.9K

$209 ₩279.8K

-11.04%

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

$18.20 ₩24.4K

$36.82 ₩49.4K

-50.57%

Internet (50+ Mbps, Unlimited Data)

$17.99 ₩24.1K

$21.24 ₩28.5K

-15.30%

Gym Membership (Monthly)

$43.73 ₩58.6K

$55.4 ₩74.3K

-21.06%

Tennis Court (1 Hour on Weekend)

$11.82 ₩15.8K

$13.90 ₩18.6K

-14.96%

Cinema Ticket

$11.19 ₩15.0K

$11.11 ₩14.9K

0.72%

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

$691 ₩926.5K

$381 ₩510.2K

81.61%

International Primary School, 1 Child (Yearly)

$18.3K ₩24.5M

$21.5K ₩28.9M

-15.18%

Jeans (Levis 501 Or Similar)

$37.03 ₩49.6K

$62.1 ₩83.3K

-40.39%

Summer Dress (H&M, Zara, etc)

$109 ₩146.5K

$61.4 ₩82.3K

78.05%

Sport Shoes (Adidas, Nike)

$76.5 ₩102.5K

$74.7 ₩100.1K

2.37%

Men's Leather Business Shoes

$60.0 ₩80.4K

$99.8 ₩133.7K

-39.86%

1-bedroom Apartment, City Center (Monthly)

$438 ₩587.3K

$493 ₩661.2K

-11.18%

1-bedroom Apartment, Outside City Center (Monthly)

$352 ₩471.8K

$348 ₩466.7K

1.10%

3-bedroom Apartment, City Center (Monthly)

$1,185 ₩1.6M

$1,157 ₩1.6M

2.38%

3-bedroom Apartment, Outside City Center (Monthly)

$819 ₩1.1M

$742 ₩994.7K

10.30%

Buy Apartment in City Center (m2)

$12.6K ₩16.9M

$7,115 ₩9.5M

76.98%

Buy Apartment Outside City Center (m2)

$7,074 ₩9.5M

$5,495 ₩7.4M

28.74%

Average Monthly Net Salary (After Tax)

$2,638 ₩3.5M

$5,227 ₩7.0M

-49.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.5

4.1

58.54%

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

Last update for Suwon: October 26, 2026

Last update for Pangyo: October 24, 2026

Monthly budget structure

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

Groceries & Markets

Suwon

$395 28.8%

Pangyo

$420 28.6% 6.2% $25

Accommodation & Living

Suwon

$352 25.7%

Pangyo

$348 23.7% 1.1% $3.8

Monthly Utilities & Internet

Suwon

$222 16.2%

Pangyo

$267 18.2% 20.2% $45

Eating Out

Suwon

$150 10.9%

Pangyo

$160 10.9% 7.2% $11

Clothing & Footwear

Suwon

$127 9.3%

Pangyo

$134 9.1% 5.4% $6.8

Sport & Entertainment

Suwon

$66 4.8%

Pangyo

$78 5.3% 17.4% $12

Getting Around

Suwon

$60 4.4%

Pangyo

$61 4.1% 1.6% $1

Cost Breakdown

A central one-bedroom costs $438 in Suwon versus $493 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 98% higher in Pangyo. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $30 in Suwon versus $35 in Pangyo. Monthly groceries follow the same trend: $395 vs $420 – making Suwon the more affordable choice for daily food spending.

Good to know

🇰🇷 Suwon

🇰🇷 Pangyo

🕒 Local time

22:04 10:04 PM

Same time as Suwon

🌤 Weather

👥 Population

1,203,000

💱 Currency

South Korean Won KRW ₩

📈 Exchange rate

10,000 KRW = 7.46 USD

10,000 KRW = 6.69 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

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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 7%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,057 per month in Suwon and $2,201 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: a one-bedroom in the center costs $438 there versus $493 in Pangyo.

Monthly expenses with rent come to $1,372 in Suwon and $1,467 in Pangyo. That makes Suwon about 7% cheaper.

Kindergarten costs $691 per month in Suwon and $381 in Pangyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,000 covers both cities comfortably – all-in costs are $1,372 in Suwon and $1,467 in Pangyo, leaving budget for savings and extras in both cases.

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