AIPF
โ† Medical Lab Technician in all countries

Medical Lab Technician: Luxembourg vs South Korea

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

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg pays 51% more

Higher Pay
๐Ÿ‡ฑ๐Ÿ‡บ

Luxembourg

EUR

Estimated Salary (USD)

$45,325

per year

Local Currency (EUR)

โ‚ฌ41,699

per year

PPP Adjusted

$26,349

purchasing power

Big Mac Power

7,579

burgers / year

Global Percentile

Top 5%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$30,105

per year

Local Currency (KRW)

โ‚ฉ39,738,600

per year

PPP Adjusted

$63,849

purchasing power

Big Mac Power

6,119

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
$45.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$30.1K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
$26.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$63.8K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
7,579
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
6,119

Key Takeaways

  • โ—

    Medical Lab Technicians in Luxembourg earn 51% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 142%.

  • โ—

    Using the Big Mac Index, a Medical Lab Technician's salary buys 1.2x more Big Macs in Luxembourg.

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Frequently Asked Questions

Who pays Medical Lab Technicians more: Luxembourg or South Korea?โ–พ

Luxembourg pays Medical Lab Technicians an estimated $45,325 USD per year, which is 51% more than South Korea's estimated $30,105 USD.

What is the PPP-adjusted salary for a Medical Lab Technician in Luxembourg vs South Korea?โ–พ

The PPP-adjusted salary is $26,349 USD in Luxembourg 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?โ–พ

Using the Big Mac Index, a Medical Lab Technician in Luxembourg can buy about 7,579 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