Sample Income Chart

Income Korean Won U.S. $ CDN $
12 Months Salary (at 2.1/mo.)
25,200,000
24,238
24,066
Contract Completion Bonus
2,100,000
2,020
2,005
Total
27,300,000
26,258
26,071
 
Deductions and Expenses
Korean Won
U.S. $
CDN $
Taxes and Medical Insurance
1,150,000
1,106
1,098
Accommodation
Free
Free
Free
Air to and from Korea
Free
Free
Free
Utilities
500,000
481
477
Living Expenses
8,400,000
8,079
8,022
Total
10,050,000
9,666
9,598
Expected savings
13,350,000
12,840
12,749



* Living Expenses includes food, entertainment, transport, eating out in Korean restaurants regularly, going out a pub a couple of times a week and miscellaneous purchases.

* Utilities can be more or less according to the condition and the location of your apartment. You pay more if the quality is better.