Loan Officer: United States vs United Kingdom
Side-by-side salary comparison Β· Estimated based on OECD & BLS data
πΊπΈ United States pays 48% more
United States
USD
Estimated Salary (USD)
$59,800
per year
Local Currency (USD)
$59,800
per year
PPP Adjusted
$53,493
purchasing power
Big Mac Power
10,510
burgers / year
Global Percentile
Top 0%
United Kingdom
GBP
Estimated Salary (USD)
$40,295
per year
Local Currency (GBP)
Β£31,833
per year
PPP Adjusted
$62,911
purchasing power
Big Mac Power
7,603
burgers / year
Global Percentile
Top 36%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- β
Loan Officers in United States earn 48% more than in United Kingdom (nominal USD).
- β
After adjusting for purchasing power (PPP), United Kingdom actually leads by 18%.
- β
Using the Big Mac Index, a Loan Officer's salary buys 1.4x more Big Macs in United States.
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Frequently Asked Questions
Who pays Loan Officers more: United States or United Kingdom?βΎ
United States pays Loan Officers an estimated $59,800 USD per year, which is 48% more than United Kingdom's estimated $40,295 USD.
What is the PPP-adjusted salary for a Loan Officer in United States vs United Kingdom?βΎ
The PPP-adjusted salary is $53,493 USD in United States and $62,911 USD in United Kingdom. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Loan Officers?βΎ
Using the Big Mac Index, a Loan Officer in United States can buy about 10,510 Big Macs per year, while in United Kingdom it's about 7,603 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 Β· OECD Β· World Bank Β· Big Mac Index