Average Salary in Cambodia 2023 - The Complete Guide (2024)

FAQs

What is the average salary in Cambodia? ›

The gross salary range for people working in Cambodia is typically from 1,241,938 KHR (minimum salary) to 4,880,148 KHR (highest average, actual maximum salary is higher). This is the total monthly salary including bonuses. Salaries can vary drastically among different job categories.

U.S. respondents report, on average, a planned base salary increase of 3.8 percent in 2023. Among some industries, however, base salary increases reported by respondents may surpass 4.5 or even 5 percent for their employees.

Minimum Wages in Cambodia averaged 155.45 USD/Month from 2012 until 2023, reaching an all time high of 200.00 USD/Month in 2023 and a record low of 61.00 USD/Month in 2012.

The gross salary range for people working in Cambodia in Medicine & Social Care is typically from 1,337,449 KHR (minimum salary) to 3,769,264 KHR (highest average, actual maximum salary is higher).

Compared to many Asian countries, the cost of living in Cambodia is still relatively cheap. A foreigner living alone in the city can easily get by on $800 – $1,000 per month if he cooks his own food and indulges in minimal luxuries.

In general, I'd recommend expecting to spend around $5 a day if you're on a tight backpacker budget, $15 a day if you'll be occasionally eating Western food restaurants, and $25 a day if you plan on eating at higher-end restaurants.

Today's jobs report showed that the US labor market remains on solid footing, with a whopping 517,000 jobs added in January 2023, after an increase of 260,000 jobs (an upward revision) in December 2022. Labor shortages are still severe and layoffs across the US labor market continue to be low.

If an employee's current annual salary is $50,000, and he earns a $2,500 raise, then the annual salary will increase to $52,500.

From experience, expatriates who have already lived there there estimate that $500 a month is the minimum cost of living . With $1,000 a month you would be entirely covered with money to spare, and the minimum subsistence would be $400. The Khmer country is therefore very inexpensive.

How much do English teachers make in Cambodia? ›

The average salary for foreign English teachers in Phnom Penh hovers around $10 to $14 per hour. The rate is slightly less in Siem Reap and less still in Sihanoukville. The majority of expats choose to teach in Cambodia because the barriers to entry are quite low.

They are defined as lower-middle-income economies – when the gross national income (GNI) per capita is between $1,036 and $4,045; and high middle-income economies – with a GNI per capita between $4,046 and $12,535.

The current minimum wage in Cambodia is KHR818,800.00 per month in 2023. It became valid on January 1, 2023. The amounts are in US Dollar.

Yes, you do. However, it's different from the traditional visa you must apply for. Instead, citizens of the United States are eligible to apply for a Visa On Arrival for Cambodia. However, if your stay in Cambodia is longer than the Visa On Arrival allows, you must apply for an e-Visa.

Phnom Penh and Siem Reap are the most popular cities for expats, but Sihanoukville has beaches, Battambang is charming, and Kep and Kampot are the definite up-and-comers in Cambodia.

Although Cambodia's official currency is the Riel the US Dollar is used in most transactions, so we recommend taking some US Dollars in cash (with some small denomination notes).

The US dollar is the main currency in Cambodia but the Cambodian Riel is becoming more widely used. Prices in hotels, shops and restaurants are now usually quoted in US dollars and Riel. Change of less than $10 will generally be given in Riel at a rate of around 4000 Riels/US$1.

How much is $100 in Cambodia? ›

U.S. average hourly earnings of nonfarm payroll employees 2023, by industry. In March 2023, the average hourly earnings for all employees on private nonfarm payrolls in the United States stood at 33.18 U.S. dollars.

The federal minimum wage is $7.25 per hour. This rate applies to covered nonexempt workers. The minimum wage for employees who receive tips is $2.13 per hour.

Honolulu, HI (Tie)

Out of the 79 cities in our study, the minimum wage in Honolulu pays for the least. Minimum wage workers earn $12 per hour, but the city's exorbitant cost of living shrinks the purchasing power of those earnings.

Why is quiet hiring a 2023 trend? The current economic uncertainty is one reason why quiet hiring is a current trend, as companies may be more likely to slow down hiring, according to McRae. Another reason, she explained, is a widespread talent shortage.

The “Great Resignation” where record numbers of U.S. workers voluntarily resign from their jobs continued as over 4 million workers quit in February 2023 – after dropping below 4 million quits in January 2023 – according to the Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Bureau of Labor ...

Overall, the job market is likely to slow down in 2023 as compared to the historically low unemployment rates of 2022. This is considered a return to normal economic conditions. However, new jobs will be created, and there will be opportunities for diligent job seekers to find work.

Suppose you pay around 20% in taxes each year. That means that a $5,000 raise will be about $4,000 extra in your paycheck this year.

Frequently Asked Questions. $25 an hour is how much a year? If you make $25 an hour, your yearly salary would be $52,000.

Can a US citizen retire in Cambodia? ›

Cambodia is a relatively cheap country to live and visit and one of the best places in Asia to live as a retired expat, making it a popular destination for retirees. To retire in Cambodia, you must apply for a Cambodia Retirement ER Visa.

Pension Rights

For full pension, a worker must have attained 55 years of age with at least 60 months contributions during the 10 years prior to the entitlement.

Cambodia offers a low cost of living. While the lack of medical infrastructure might be off-putting for some, it can be compensated for by visa laws that allow long-term visitors and retirees to travel freely between Cambodia and other countries.

Generally speaking, most expats in Phnom Penh live on an annual salary of anywhere between USD12,000 and USD60,000 depending on their profession.

Do I need a degree to teach English in Cambodia? No, a four-year college degree is not required to secure an English teaching job in Cambodia. However, it is still strongly preferred by employers.

The average salary for a foreign teacher teaching in Cambodia is US$800 – US$2,500 per month. You should consider the local cost of living. This means that an English teacher who earns US$800 a month in Krong Kampong Cham will enjoy the same standard of living as a teacher in Phnom Penh who earns US$1,500 a month.

The report relies on new poverty lines, based on the Cambodia Socio-Economic Survey (CSES) 2019-20, in which the Royal Government of Cambodia set the national minimum at 10,951 riel per person per day.

In Cambodia, the average household size is 4.6 members. More than one-quater (27%) of households are headed by women. Overall, 35% of the household population is under age 15. More than half of Cambodian households (56%) have electricity.

Three of four people live on less than $3 a day. Most of these people are rural, but urban poverty is also on the rise. Urban slums account for 25 percent of the population of Phnom Penh. These areas face many challenges, including poor sanitation and hygiene, high rates of diarrhea and malnutrition.

Garment-making and tourism are the main economic sectors in Cambodia, but skilled professionals are also highly sought after. Whether you want to teach English or work in a multinational company, online portals are the best place to start your job search.

How much do you tip in Cambodia? ›

Tipping your local leader in Cambodia

The amount is entirely a personal preference, however the equivalent of USD 2–4 per person, per day, is a commonly used guideline. Of course, you are free to tip more or less as you see fit, depending on your perception of service quality and the length of your trip.

Job market in Cambodia

Expats will find that agriculture is the most dominant economic sector in Cambodia.

The median salary for a Domestic Housekeeper in Cambodia is 11,998,600 KHR.

Country Manager Jobs In Cambodia. 6,00,000 - 15,00,000 PA.

Remote CEO salaries in Cambodia

The median annual salary for a remote CEO in Cambodia is $74,031. This is the base salary, not including benefits.

How much does a Cambodian make? As of Apr 28, 2023, the average annual pay for a Cambodian in the United States is $42,633 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.50 an hour. This is the equivalent of $819/week or $3,552/month.

Li Ka-shing Above Li Ka-shing Company: CK Hutchison Holdings Net worth: US$36 billion Retaining his title as the city's richest man for the second consecutive year, Li Ka-shing, also known as "superman" is worth US$36 billion.

Family of four estimated monthly costs are 2,114.7$ without rent. A single person estimated monthly costs are 601.4$ without rent. Cost of living in Cambodia is, on average, 41.8% lower than in United States. Rent in Cambodia is, on average, 71.9% lower than in United States.

The low GDP placed the country as the poorest country in the region. At the same time, Cambodia recorded a stronger relative economic performance compared to others ASEAN countries.

Where is the cheapest place to live in Cambodia? ›

Can foreigner (expats) buy property in Cambodia? Yes, foreigners can buy property in Cambodia. Foreigners in Cambodia are not however allowed to own properties on the ground floor of a building and are not allowed to own land outright under the foreign ownership property law.

Phnom Penh and Siem Reap are the most popular cities for expats, but Sihanoukville has beaches, Battambang is charming, and Kep and Kampot are the definite up-and-comers in Cambodia.

Cambodia offers a low cost of living. While the lack of medical infrastructure might be off-putting for some, it can be compensated for by visa laws that allow long-term visitors and retirees to travel freely between Cambodia and other countries.

The two leading sectors of Cambodian economy are textiles and tourism. In addition, agriculture remains the main source of income for many Cambodians.

Phnom Penh is the biggest and wealthiest city in Cambodia. It's also the cultural, commercial and political center of the country.

Cambodia is filled with great opportunities.

Foreign experience is highly valued here, and most expats are able to find a job easily. In fact, many are able to find jobs that they wouldn't be regarded as qualified to do at home.

To an outside investor, condos in Phnom Penh seem relatively cheap. Mid-range units average $2,200 per square meter whereas luxury ones typically cost $3,000 per square meter.

Currently, Cambodia has no manufacturing facilities for any cars or car parts. Thus, all cars are imported and are subject to over 100% taxes, which make cars more expensive in Cambodia than in the United States.