Materials Engineer: New Zealand vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ณ๐ฟ New Zealand pays 1% more
New Zealand
NZD
Estimated Salary (USD)
$54,440
per year
Local Currency (NZD)
NZ$89,826
per year
PPP Adjusted
$85,187
purchasing power
Big Mac Power
11,365
burgers / year
Global Percentile
Top 43%
South Korea
KRW
Estimated Salary (USD)
$53,858
per year
Local Currency (KRW)
โฉ71,092,560
per year
PPP Adjusted
$114,226
purchasing power
Big Mac Power
10,947
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Materials Engineers in New Zealand earn 1% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 34%.
- โ
Using the Big Mac Index, a Materials Engineer's salary buys 1.0x more Big Macs in New Zealand.
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Frequently Asked Questions
Who pays Materials Engineers more: New Zealand or South Korea?โพ
New Zealand pays Materials Engineers an estimated $54,440 USD per year, which is 1% more than South Korea's estimated $53,858 USD.
What is the PPP-adjusted salary for a Materials Engineer in New Zealand vs South Korea?โพ
The PPP-adjusted salary is $85,187 USD in New Zealand and $114,226 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Materials Engineers?โพ
Using the Big Mac Index, a Materials Engineer in New Zealand can buy about 11,365 Big Macs per year, while in South Korea it's about 10,947 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