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IT Manager: Iceland vs South Korea

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 62% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$116,507

per year

Local Currency (ISK)

kr16,077,966

per year

PPP Adjusted

$119,497

purchasing power

Big Mac Power

18,063

burgers / year

Global Percentile

Top 2%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$71,720

per year

Local Currency (KRW)

โ‚ฉ94,670,400

per year

PPP Adjusted

$152,109

purchasing power

Big Mac Power

14,577

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$116.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$71.7K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$119.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$152.1K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
18,063
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
14,577

Key Takeaways

  • โ—

    IT Managers 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 IT Manager's salary buys 1.2x more Big Macs in Iceland.

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Frequently Asked Questions

Who pays IT Managers more: Iceland or South Korea?โ–พ

Iceland pays IT Managers an estimated $116,507 USD per year, which is 62% more than South Korea's estimated $71,720 USD.

What is the PPP-adjusted salary for a IT Manager in Iceland vs South Korea?โ–พ

The PPP-adjusted salary is $119,497 USD in Iceland and $152,109 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for IT Managers?โ–พ

Using the Big Mac Index, a IT Manager in Iceland can buy about 18,063 Big Macs per year, while in South Korea it's about 14,577 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