How much does 1 person spend monthly in South Korea?

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.

Question about South Korea

How much does 1 meal cost in South Korea?

The cost of a meal in South Korea can vary depending on factors such as location, restaurant type, dish type, time of day and season. The average cost of a basic meal at a local restaurant is around 6,000 to 8,000 won ($5 to $7 USD), but prices can vary widely. Street food prices range from 1,000 to 5,000 won per item while fast food meals range from 4,500 to 8,000 won. Fine dining restaurants offer a unique culinary experience but come with a hefty price tag ranging from 50,000 to over 100,000 won per person. Tipping is not customary in South Korea. When traveling to South Korea, it is important to budget for meals accordingly and research restaurants before dining out.