Cambodia: Minimum wage for 2022 - KPMG United States (2024)

FAQs

What is the working salary in Cambodia? ›

The gross salary range for people working in Cambodia is typically from 1,239,650 KHR (minimum salary) to 4,838,296 KHR (highest average, actual maximum salary is higher). This is the total monthly salary including bonuses. Salaries can vary drastically among different job categories.

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. The amount of tips plus the $2.13 must reach at least $7.25 per hour.

Following the increases, the District of Columbia remains the region with the highest minimum wage in the United States at $17 per hour, followed by the state of Washington at $15.74 per hour. In third place is the state of California, with a minimum wage of $15.50 for companies with more than 26 employees.

A budget traveler can expect to spend approximately $35 per day or $245 for one week of travel in Cambodia, excluding flights. Cambodia is already extremely cheap, so there aren't many meaningful ways to reduce cost, but to stay on a small budget, you can: Stay at a hostel for $8 a night.

The official currency in Cambodia, the Cambodian riel, trades at around 4,000 riel to the US dollar. But there's a high level of dollarization in the country.

In Cambodia, middle-income earners are classed as anyone who earns between $500 and $2,000 a month, which is similar to saying that middle-income earners in the UK make between £1,000 and £4,000 a month.

Based on our research, the living wage in Cambodia State is estimated within the range of KHR 634,600 and KHR 1,055,400 for a single person per month.

While Washington is technically the state with the highest hourly minimum wage at $15.74, Washington, D.C. has the highest rate across the country: $17.00! Adhering to federal and state minimum hourly wage guidance helps you remain compliant and ensures your success.

An analysis of the living wage (as calculated in December 2022 and reflecting a compensation being offered to an individual in 2023), compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other necessities, finds that: The living wage in the United States is ...

Why are wages higher in the US? ›

In general, wages in the United States tend to be higher than those in Europe, particularly for skilled and high-paying jobs. Part of the reason for this is that the cost of living in the U.S. is usually higher than in Europe. This means that workers need to make more money to keep their standard of living the same.

To begin, the standard minimum wage in Florida is currently $11. Effective Sept. 30, 2023, it increases to $12, with regular $1 increases through 2026.

The state in the Northeast with the highest average salary is Massachusetts at $76,600. The state in the West with the highest average salary is California at $73,220. The state in the South with the highest average salary is Maryland at $69,750.

What Is the Minimum Wage in Texas 2023? Texas states minimum wage for 2023 is $7.25 / hour. This is the same as the current Federal Minimum Wage rate.

[1] The legal minimum wage in Cambodia is $140 per month and is not typically reported as an hourly rate. The legal regular work week, before earning overtime, is 48 hours per week. For an average month, this equates to 67 cents per hour.

No, it is not a lot in Cambodia. If you're an outdoor food lover then you can expect to spend it on just few days.

US dollars are widely accepted in Cambodia alongside the riel. If you're from the USA, we recommend using Chime's debit card, which charges no foreign exchange fees, to make low-cost card payments while travelling in Cambodia.

Import of foreign currencies to Cambodia is not limited, although declaration is required for the sums of over US$10,000.00 (ten thousand US dollars) or the equivalent in a foreign currency.