AIPF
โ† Auto Mechanic in all countries

Auto Mechanic: Latvia vs South Korea

Side-by-side salary comparison ยท Estimated based on OECD & BLS data

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 75% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$16,531

per year

Local Currency (EUR)

โ‚ฌ15,209

per year

PPP Adjusted

$54,671

purchasing power

Big Mac Power

3,547

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$28,987

per year

Local Currency (KRW)

โ‚ฉ38,262,840

per year

PPP Adjusted

$61,478

purchasing power

Big Mac Power

5,892

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$16.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$29.0K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$54.7K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$61.5K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
3,547
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
5,892

Key Takeaways

  • โ—

    Auto Mechanics in South Korea earn 75% more than in Latvia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 12%.

  • โ—

    Using the Big Mac Index, a Auto Mechanic's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Auto Mechanics more: Latvia or South Korea?โ–พ

South Korea pays Auto Mechanics an estimated $28,987 USD per year, which is 75% more than Latvia's estimated $16,531 USD.

What is the PPP-adjusted salary for a Auto Mechanic in Latvia vs South Korea?โ–พ

The PPP-adjusted salary is $54,671 USD in Latvia and $61,478 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Auto Mechanics?โ–พ

Using the Big Mac Index, a Auto Mechanic in Latvia can buy about 3,547 Big Macs per year, while in South Korea it's about 5,892 Big Macs.

Estimated based on OECD & BLS data. Actual salaries vary by experience, company, and region. Data is for informational purposes only.

Sources: BLS OEWS ยท OECD ยท World Bank ยท Big Mac Index