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Cost of living rank #33
South Korea

South Korea

LocationEastern Asia • UTC+9 • Asia/Seoul
Monthly Cost
$1,554
-29% vs USA
Internet
385 Mbps
Mobile Avg

Taxation Overview

Select a tax type to view detailed rules, rates, treaties, and considerations for living abroad.

South Korean Income Tax System

South Korea's tax system is progressive, with rates ranging from 6% to 45% for personal income. Corporate tax is set at 22%, and VAT is 10%.