Pohang, South Korea

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Est. Monthly Cost (1 Person)
Retiree Score
70.0
Safety Index
75.1
Healthcare
241 facilities

With a population of 503,780, Pohang is a bustling industrial city, but the bureaucracy is a persistent headache. The steel and metal industries dominate the local economy, led by the massive POSCO plant. While the city boasts a range of cultural attractions like the Jukdo Fish Market and Yeongildae Beach, the climate is humid subtropical, with hot, wet summers. Pohang presents itself as an environmentally-conscious, tech-focused city of the future, but its reliance on heavy industry may prove challenging as globalization pressures mount. This gritty port town is best suited for those drawn to its steel-town grit and willing to navigate its bureaucratic hurdles.

Can I afford Pohang?

$

You could save

$1573 / month

Savings Rate52%
Rent $417
Living Costs $1010
75
Safety
241
Healthcare
100
Walkability
50
Nomad

Grocery Basket

Milk (1L)$2
Bread (loaf)
Eggs (12)$2
Rice (1kg)$2
Chicken (1kg)

Eating Out

Meal (Inexpensive)$5
Meal (Mid-range)$83
Cappuccino$3
Water (0.33L)$0

Utilities & Lifestyle

Utilities (mo)$96
Mobile Plan (mo)$38
Gym (mo)$27
Cinema Ticket$10

Housing

1BR Center (mo)$417
1BR Outside (mo)
3BR Center (mo)$1658
3BR Outside (mo)

Expat Life

English Proficiency
Expat Community
Top Neighborhoods
Elevation
8m
Nearest Airport
TAE (66km)

Local Economy

Avg Monthly Salary
$2196
Mortgage Interest Rate
4.22%

🌐 Infrastructure & Lifestyle

Avg Internet
Temperature
Annual Rainfall
1408 mm
Coworking Spaces
Best Months to Visit
Apr, May, Sep, Oct

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