Medical Lab Technician: South Korea vs Germany
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฉ๐ช Germany pays 20% more
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%
Germany
EUR
Estimated Salary (USD)
$36,269
per year
Local Currency (EUR)
โฌ33,367
per year
PPP Adjusted
$52,412
purchasing power
Big Mac Power
6,308
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Medical Lab Technicians in Germany earn 20% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea still leads by 22%.
- โ
Using the Big Mac Index, a Medical Lab Technician's salary buys 1.0x more Big Macs in Germany.
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Frequently Asked Questions
Who pays Medical Lab Technicians more: South Korea or Germany?โพ
Germany pays Medical Lab Technicians an estimated $36,269 USD per year, which is 20% more than South Korea's estimated $30,105 USD.
What is the PPP-adjusted salary for a Medical Lab Technician in South Korea vs Germany?โพ
The PPP-adjusted salary is $63,849 USD in South Korea and $52,412 USD in Germany. 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 South Korea can buy about 6,119 Big Macs per year, while in Germany it's about 6,308 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