This report updates the Anker Living Wage Reference Value for urban Cambodia to 2024. This was KHR 860,922 (USD 210) for 2021 in the original report2, equivalent to the Net Living Wage, given there were no payroll deductions in 2021. The updated Anker Gross Living Wage for 2024 is KHR 954,450 (USD 232) per month, comprised of a Net Living Wage of KHR 935,361 (USD 227), plus social security contribution of KHR 19,089 (USD 5). Inflation in this period was 8.6%3. Without accounting for inflation, the Living Wage estimated in 2021 would not be sufficient for families to have a basic but decent standard of living in 2024, because the purchasing power of the Living Wage would have decreased. Social security contributions were calculated using the most up-to-date laws (the introduction of social security contributions in 2024, which were inexistent in 2021)
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