Korea Salary Take-Home Pay Calculator
Enter your annual salary and number of dependents to estimate your monthly take-home pay and annual take-home pay after Korea's 4 major social insurances and income tax.
Frequently Asked Questions
What are the 4 major social insurances in Korea?
They are National Pension (retirement), Health Insurance (medical costs), Long-term Care Insurance (elderly care, linked to health insurance), and Employment Insurance (unemployment benefits, etc.). Both employees and employers share the cost; this calculator deducts only the employee's share.
How does the number of dependents affect take-home pay?
More dependents mean a larger personal deduction (basic deduction), which lowers your taxable income and reduces income tax and local income tax, resulting in higher take-home pay. This calculator reflects only the basic deduction including yourself.
Does age affect the calculation?
Age is not directly used in the basic take-home pay calculation. However, for certain age groups — such as those aged 60 or older — National Pension contribution obligations or applicable rates may differ, so actual deductions could vary from this estimate.
What is the monthly non-taxable amount?
This refers to pay items that are not subject to income tax, such as meal allowances. A larger non-taxable amount reduces taxable income and lowers some taxes and insurance premiums. The default of ₩200,000 is a common example of the meal allowance non-taxable limit — adjust it based on your own pay stub.
Can freelancers (3.3% withholding) use this calculator?
No. This calculator is built for employees enrolled in Korea's 4 major social insurances. Freelancers and business-income earners instead have 3.3% withheld (3% business income tax + 0.3% local income tax) from each payment, which doesn't match this calculator's social-insurance and employment-income-tax structure.
What if my salary includes bonuses or performance pay?
This calculator assumes your annual salary is paid evenly across 12 months. If a bonus is actually paid in a lump sum in a specific month, that month's insurance premiums and taxes will be higher than this estimate, and other months lower. Your annual take-home total should be similar, but the monthly breakdown may differ.