Monthly Salary Calculator (South Korea)

Calculate your Korean take-home pay after deducting National Pension, Health Insurance, Employment Insurance, and income tax based on the South Korean payroll system.

How to Use

Enter your gross salary and number of dependents to calculate take-home pay

  • 1. Enter your gross monthly salary (annual salary ÷ 12)
  • 2. Select number of dependents (including yourself)
  • 3. Click Calculate to automatically compute insurance and taxes
  • 4. View your take-home pay and detailed deduction breakdown

What is Take-Home Pay?

Take-home pay is the actual amount you receive after deducting the four major insurances (National Pension, Health Insurance, Long-term Care, Employment Insurance), income tax, and local income tax from your gross salary. Calculated based on 2026 rates.

Insurance Rates (2026)

National Pension 4.75%, Health Insurance 3.595%, Long-term Care 0.4724% (13.14% of health insurance), Employment Insurance 0.9% are deducted. National Pension rate increased from January 2026.

Income Tax Calculation

Calculated based on the simplified income tax table. More dependents result in lower taxes. Final tax amount is confirmed during year-end tax settlement.

※ Notice

  • This calculator uses 2026 insurance rates.
  • National Pension income cap: 6.37 million KRW (2026 standard)
  • Income tax is a reference value based on the simplified income tax table.
  • Income tax calculation is a simplified estimate based on the tax table for 1 dependent. Actual income tax may vary depending on number of dependents, income deductions, and tax credits. Please consult the National Tax Service (Hometax) or a tax advisor for accurate calculations.
  • Actual take-home pay may vary depending on company benefits and other deductions.
  • Final tax amount is confirmed through year-end tax settlement.
  • This calculator is for reference only.

Frequently Asked Questions

What is take-home pay?

Take-home pay is the actual amount deposited into your account after deducting the four major insurance premiums, income tax, and local income tax from your gross salary. Even with the same annual salary, take-home pay can vary depending on the number of dependents and non-taxable items. Use this calculator to find out your take-home pay based on your situation.

What are the four major insurance deductions?

The four major insurances consist of National Pension (4.75%), Health Insurance (3.595%), Long-term Care Insurance (13.14% of health insurance premium), and Employment Insurance (0.9%). As of 2026, the National Pension rate has been raised, with an income cap of 6.37 million KRW. Health insurance rates may change annually, so check the latest figures.

What are non-taxable items?

Non-taxable items are salary components excluded from tax and insurance calculations, most commonly meal allowances (up to 200,000 KRW/month) and car maintenance subsidies (up to 200,000 KRW/month). The larger the non-taxable amount, the less tax and insurance you pay, increasing your take-home pay. Check whether your company's meal or transportation allowances are treated as non-taxable.

What is the difference between annual salary and monthly salary?

Annual salary refers to the total gross pay for one year, while monthly salary is annual salary divided by 12 months. This calculator supports both monthly and annual salary input, automatically dividing annual salary by 12 when entered. In practice, bonuses or performance pay are often paid separately, so review your contract carefully.

How Your Take-Home Pay Is Calculated

Four Major Insurance Deductions Explained

Take-home pay is calculated by subtracting the four major insurance premiums and income tax from your gross salary. National Pension accounts for 4.75% of your monthly salary, Health Insurance for 3.595%, and Long-term Care Insurance for an additional 13.14% of the health insurance premium. Employment Insurance is 0.9% and funds unemployment benefits.

How Income Tax and Local Income Tax Are Calculated

Income tax is applied based on the National Tax Service's simplified income tax withholding table, varying by the number of dependents. More dependents means a lower tax burden, and local income tax is an additional 10% on top of income tax. Since the final tax amount is confirmed through year-end tax settlement, the results from this calculator should be used for reference only.

Tips to Increase Your Take-Home Pay

Making the most of non-taxable items such as meal allowances and car maintenance subsidies reduces your taxable salary and increases take-home pay. Registering your dependents accurately also helps lower your income tax burden. Contributing to a pension savings account or IRP is another effective way to boost your year-end tax refund through tax credits.

This calculator is provided for informational purposes only.

Results are estimates and may differ from actual amounts.

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