Taxi Driver: Iceland vs United Kingdom
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฎ๐ธ Iceland pays 47% more
Iceland
ISK
Estimated Salary (USD)
$40,711
per year
Local Currency (ISK)
kr5,618,118
per year
PPP Adjusted
$41,756
purchasing power
Big Mac Power
6,312
burgers / year
Global Percentile
Top 2%
United Kingdom
GBP
Estimated Salary (USD)
$27,654
per year
Local Currency (GBP)
ยฃ21,847
per year
PPP Adjusted
$43,175
purchasing power
Big Mac Power
5,218
burgers / year
Global Percentile
Top 36%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Taxi Drivers in Iceland earn 47% more than in United Kingdom (nominal USD).
- โ
After adjusting for purchasing power (PPP), both countries offer similar real value.
- โ
Using the Big Mac Index, a Taxi Driver's salary buys 1.2x more Big Macs in Iceland.
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Frequently Asked Questions
Who pays Taxi Drivers more: Iceland or United Kingdom?โพ
Iceland pays Taxi Drivers an estimated $40,711 USD per year, which is 47% more than United Kingdom's estimated $27,654 USD.
What is the PPP-adjusted salary for a Taxi Driver in Iceland vs United Kingdom?โพ
The PPP-adjusted salary is $41,756 USD in Iceland and $43,175 USD in United Kingdom. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Taxi Drivers?โพ
Using the Big Mac Index, a Taxi Driver in Iceland can buy about 6,312 Big Macs per year, while in United Kingdom it's about 5,218 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