Mechanical Engineer: Lithuania vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 60% more
Lithuania
EUR
Estimated Salary (USD)
$33,689
per year
Local Currency (EUR)
โฌ30,994
per year
PPP Adjusted
$97,184
purchasing power
Big Mac Power
6,806
burgers / year
Global Percentile
Bottom 31%
South Korea
KRW
Estimated Salary (USD)
$53,932
per year
Local Currency (KRW)
โฉ71,190,240
per year
PPP Adjusted
$114,383
purchasing power
Big Mac Power
10,962
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Mechanical Engineers in South Korea earn 60% more than in Lithuania (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 18%.
- โ
Using the Big Mac Index, a Mechanical Engineer's salary buys 1.6x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Mechanical Engineers more: Lithuania or South Korea?โพ
South Korea pays Mechanical Engineers an estimated $53,932 USD per year, which is 60% more than Lithuania's estimated $33,689 USD.
What is the PPP-adjusted salary for a Mechanical Engineer in Lithuania vs South Korea?โพ
The PPP-adjusted salary is $97,184 USD in Lithuania and $114,383 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Mechanical Engineers?โพ
Using the Big Mac Index, a Mechanical Engineer in Lithuania can buy about 6,806 Big Macs per year, while in South Korea it's about 10,962 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