Carpenter: Iceland vs Germany
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฎ๐ธ Iceland pays 35% more
Iceland
ISK
Estimated Salary (USD)
$53,567
per year
Local Currency (ISK)
kr7,392,246
per year
PPP Adjusted
$54,942
purchasing power
Big Mac Power
8,305
burgers / year
Global Percentile
Top 2%
Germany
EUR
Estimated Salary (USD)
$39,727
per year
Local Currency (EUR)
โฌ36,549
per year
PPP Adjusted
$57,409
purchasing power
Big Mac Power
6,909
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Carpenters in Iceland earn 35% more than in Germany (nominal USD).
- โ
After adjusting for purchasing power (PPP), both countries offer similar real value.
- โ
Using the Big Mac Index, a Carpenter's salary buys 1.2x more Big Macs in Iceland.
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Frequently Asked Questions
Who pays Carpenters more: Iceland or Germany?โพ
Iceland pays Carpenters an estimated $53,567 USD per year, which is 35% more than Germany's estimated $39,727 USD.
What is the PPP-adjusted salary for a Carpenter in Iceland vs Germany?โพ
The PPP-adjusted salary is $54,942 USD in Iceland and $57,409 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Carpenters?โพ
Using the Big Mac Index, a Carpenter in Iceland can buy about 8,305 Big Macs per year, while in Germany it's about 6,909 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