Electrical Engineer: New Zealand vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ณ๐ฟ New Zealand pays 1% more
New Zealand
NZD
Estimated Salary (USD)
$58,328
per year
Local Currency (NZD)
NZ$96,241
per year
PPP Adjusted
$91,271
purchasing power
Big Mac Power
12,177
burgers / year
Global Percentile
Top 43%
South Korea
KRW
Estimated Salary (USD)
$57,705
per year
Local Currency (KRW)
โฉ76,170,600
per year
PPP Adjusted
$122,385
purchasing power
Big Mac Power
11,729
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Electrical Engineers in New Zealand earn 1% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 34%.
- โ
Using the Big Mac Index, a Electrical Engineer's salary buys 1.0x more Big Macs in New Zealand.
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Frequently Asked Questions
Who pays Electrical Engineers more: New Zealand or South Korea?โพ
New Zealand pays Electrical Engineers an estimated $58,328 USD per year, which is 1% more than South Korea's estimated $57,705 USD.
What is the PPP-adjusted salary for a Electrical Engineer in New Zealand vs South Korea?โพ
The PPP-adjusted salary is $91,271 USD in New Zealand and $122,385 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Electrical Engineers?โพ
Using the Big Mac Index, a Electrical Engineer in New Zealand can buy about 12,177 Big Macs per year, while in South Korea it's about 11,729 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