Minimum wage in South Korea 2026: gross and net
What the minimum wage pays a month and an hour, before and after tax and social security.
₩22,989,221 net a year, single, 2026 rules. Try other salaries in the calculator below.
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The minimum wage in South Korea in 2026: ₩10,320 an hour
The minimum wage in South Korea is ₩10,320 an hour since January 2026. After income tax and social security about ₩1,915,768 a month is left (₩22,989,221 a year).
The minimum wage, before and after tax
| Amount | |
|---|---|
| Gross a month | ₩2,156,880 |
| Net a month | ₩1,915,768 |
| Net a year | ₩22,989,221 |
| Net per paid hour | ₩11,053 |
| Net per hour worked | ₩12,494 |
Source: Ministry of Employment and Labor: ₩10,320 an hour, ₩2,156,880 a month (209 hours) in 2026.
Frequently asked questions
What is the minimum wage in South Korea in 2026?
₩10,320 an hour: about ₩2,156,880 gross a month for a full-time job.
How much is the minimum wage after tax?
About ₩1,915,768 net a month for a single person without children (₩22,989,221 a year).
How much is it per hour after tax?
About ₩11,053 net per paid hour, and ₩12,494 for each hour actually worked.
Other questions about pay in South Korea: What is my hourly wage? · What do I take home part-time? · How much unemployment benefit would I get? · How much notice must my employer give? · When can I retire? · What is my money worth after inflation?