Originally Posted by zeppinger

Hell, Seoul is the second most densely populated city in the world, only fractionally less so than Tokyo, yet I live in the center of the city for less than $350 a month for my own private apartment. Try that in an major US city. The fact that I dont have to own a car further decreases my need for a high income. The income tax is 3.5% and there is no sales tax. Health care is excellent and universal for all citizens. Last time I went to the doctor I waited in line for 0 minutes. The doctors visit cost me $6 and $4 for the prescription.

While the US is trying to increase peoples incomes so they can live above the bare minimum, Korea has simply made the cost of living cheaper.