AIPF
โ† Loan Officer in all countries

Loan Officer: Costa Rica vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 154% more

๐Ÿ‡จ๐Ÿ‡ท

Costa Rica

CRC

Estimated Salary (USD)

$14,361

per year

Local Currency (CRC)

โ‚ก7,467,720

per year

PPP Adjusted

$79,203

purchasing power

Big Mac Power

2,630

burgers / year

Global Percentile

Bottom 14%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$36,516

per year

Local Currency (KRW)

โ‚ฉ48,201,120

per year

PPP Adjusted

$77,446

purchasing power

Big Mac Power

7,422

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡จ๐Ÿ‡ท Costa Rica
$14.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$36.5K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ท Costa Rica
$79.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$77.4K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ท Costa Rica
2,630
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
7,422

Key Takeaways

  • โ—

    Loan Officers in South Korea earn 154% more than in Costa Rica (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 2.8x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Loan Officers more: Costa Rica or South Korea?โ–พ

South Korea pays Loan Officers an estimated $36,516 USD per year, which is 154% more than Costa Rica's estimated $14,361 USD.

What is the PPP-adjusted salary for a Loan Officer in Costa Rica vs South Korea?โ–พ

The PPP-adjusted salary is $79,203 USD in Costa Rica and $77,446 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Loan Officers?โ–พ

Using the Big Mac Index, a Loan Officer in Costa Rica can buy about 2,630 Big Macs per year, while in South Korea it's about 7,422 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