Industrial Designer: Iceland vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฎ๐ธ Iceland pays 62% more
Iceland
ISK
Estimated Salary (USD)
$63,982
per year
Local Currency (ISK)
kr8,829,516
per year
PPP Adjusted
$65,624
purchasing power
Big Mac Power
9,920
burgers / year
Global Percentile
Top 2%
South Korea
KRW
Estimated Salary (USD)
$39,386
per year
Local Currency (KRW)
โฉ51,989,520
per year
PPP Adjusted
$83,532
purchasing power
Big Mac Power
8,005
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Industrial Designers in Iceland earn 62% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 27%.
- โ
Using the Big Mac Index, a Industrial Designer's salary buys 1.2x more Big Macs in Iceland.
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Frequently Asked Questions
Who pays Industrial Designers more: Iceland or South Korea?โพ
Iceland pays Industrial Designers an estimated $63,982 USD per year, which is 62% more than South Korea's estimated $39,386 USD.
What is the PPP-adjusted salary for a Industrial Designer in Iceland vs South Korea?โพ
The PPP-adjusted salary is $65,624 USD in Iceland and $83,532 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Industrial Designers?โพ
Using the Big Mac Index, a Industrial Designer in Iceland can buy about 9,920 Big Macs per year, while in South Korea it's about 8,005 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