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Key Facts: Chungcheongbuk-do, South Korea Wages

Location
Chungcheongbuk-do, South Korea
Currency
South Korean Won (KRW)
Minimum Wage
₩10,320 /hr (matches national rate)
Data Source
Minimum Wage Commission, Republic of Korea
Last Updated
2026-05-04
Chungcheongbuk-do flag

Minimum Wage in Chungcheongbuk-do

Province of South Korea · Data verified 2026-01-01

Minimum wage

₩10,320 /hr

Matches South Korea national rate #11 of 17 province Since 2026-01-01

With a population of 1.6 million, Chungcheongbuk-do is a province of South Korea whose economy centers on semiconductors and biotechnology. The province follows the national minimum wage of ₩10,320 per hour.

• AT A GLANCE

Rank
#11 of 17
province
vs National
=
South Korea floor
Annual (est.)
₩21,465,600
full-time, before tax
Change Since 2023
+7%
nominal wage

Wage Breakdown

Hourly
₩10,320
Monthly
₩2,156,880 Based on 209 hours/month (40 hrs/week + 8 hrs paid weekly rest)
Annual
₩25,882,560 Based on 2,080 hours/year

South Korea's minimum wage is set nationally — no regional variation. Only landlocked province. Major semiconductor and biotech hub.

At this rate, a full-time worker earns approximately ₩21,465,600 /yr before tax. Whether that covers living costs depends on local prices. See South Korea purchasing power context.

Minimum Wage History

Nominal wage

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