Pohang, South Korea
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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
Safety241
Healthcare100
Walkability50
NomadGrocery 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
8mNearest Airport
TAE (66km)Local Economy
Avg Monthly Salary
$2196Mortgage Interest Rate
4.22%🌐 Infrastructure & Lifestyle
Avg Internet
— Temperature
— Annual Rainfall
1408 mm Coworking Spaces
— Best Months to Visit
Apr, May, Sep, Oct