Medical Lab Technician: India vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 450% more
India
INR
Estimated Salary (USD)
$5,477
per year
Local Currency (INR)
โน457,330
per year
PPP Adjusted
$160,176
purchasing power
Big Mac Power
2,191
burgers / year
Global Percentile
Bottom 2%
South Korea
KRW
Estimated Salary (USD)
$30,105
per year
Local Currency (KRW)
โฉ39,738,600
per year
PPP Adjusted
$63,849
purchasing power
Big Mac Power
6,119
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Medical Lab Technicians in South Korea earn 450% more than in India (nominal USD).
- โ
After adjusting for purchasing power (PPP), India still leads by 151%.
- โ
Using the Big Mac Index, a Medical Lab Technician's salary buys 2.8x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Medical Lab Technicians more: India or South Korea?โพ
South Korea pays Medical Lab Technicians an estimated $30,105 USD per year, which is 450% more than India's estimated $5,477 USD.
What is the PPP-adjusted salary for a Medical Lab Technician in India vs South Korea?โพ
The PPP-adjusted salary is $160,176 USD in India and $63,849 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Medical Lab Technicians?โพ
Using the Big Mac Index, a Medical Lab Technician in India can buy about 2,191 Big Macs per year, while in South Korea it's about 6,119 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