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Loan Officer: United States vs United Kingdom

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

πŸ‡ΊπŸ‡Έ United States pays 48% more

Higher Pay
πŸ‡ΊπŸ‡Έ

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%

πŸ‡¬πŸ‡§

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)

πŸ‡ΊπŸ‡Έ United States
$59.8K
πŸ‡¬πŸ‡§ United Kingdom
$40.3K

PPP Adjusted (USD)

πŸ‡ΊπŸ‡Έ United States
$53.5K
πŸ‡¬πŸ‡§ United Kingdom
$62.9K

Big Mac Power (burgers/year)

πŸ‡ΊπŸ‡Έ United States
10,510
πŸ‡¬πŸ‡§ United Kingdom
7,603

Key Takeaways

  • ●

    Loan Officers in United States earn 48% more than in United Kingdom (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), United Kingdom actually leads by 18%.

  • ●

    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?β–Ύ

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?β–Ύ

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?β–Ύ

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