What is the average salary in South Korea in dollars?

What is the average salary in South Korea in dollars?

The average monthly salary in South Korea is around $2,600 USD per month, according to data from the Korean Statistical Information Service. The highest-paying sectors are finance, real estate, and IT, while the lowest-paying sectors are hospitality and food service. The minimum wage in South Korea is approximately $8 USD per hour. The cost of living in South Korea is relatively high compared to other Asian countries, with a cost of living index of 74.55 out of 100. Women earn 63% of what men earn on average, and employees face challenges such as long working hours, high competition for jobs, and pressure to conform to workplace culture. However, there are also benefits and opportunities available for employees.