Some U.S. troops in South Korea will see a slight drop in their cost-of-living allowance later this month, according to figures released Thursday by the Pentagon’s Per Diem, Travel and Transportation Allowance Committee.
The COLA remains the same through the end of the month for servicemembers in Japan and Okinawa.
Based on a slightly weaker won, most locations in South Korea, including Seoul, Busan and Kunsan Air Base, will see the cost-of-living allowance drop by two points.
Places that won’t see any change are Camp Humphreys, Chuncheon, Incheon, Osan Air Base, Suwon and Wonju.
The committee used an exchange rate of 994.57 won to calculate the COLA for the pay period starting May 16 through the end of the month.
With the new index, an E-5 with 10 years of service and three dependents living in Seoul will receive a COLA of $314.17, a drop of about $24 per pay period, or about $50 per month.
For more information or to calculate COLA rates, click here.