The going wage for foreign English teachers in Korea is $2,000-$2,500. While the Korean costs of living are high compared to those in China, the higher pay on the lower end of that salary scale somewhat balances the discrepancy. Fear not – if you come teach in Korea, your earnings will still give you a comfortable life and ample opportunities to save. Your apartment and flight to Korea and back will be covered by the school, which means you’ll have a large part of your salary left over after bills to save or put towards travel. An extra month’s pay often paid out as a completion bonus at the end of your contract helpsyou’re your travel/savings fund even more. Work here is mostly with private schools (hagwons). There is a large variety of schools – make sure you do your research and go with a reputable recruiter. Korea is densely urban and positions are available all over the country, though Seoul has a particular concentration of schools. In the past decade, many foreign teachers came to Korea under the auspices of the government-run program for English instruction in public schools called EPIK. However, numerous government budget cuts in recent years and increasingly strict requirements placed on foreign teachers have made the EPIK intake much more competitive than it was in its heyday.