Biomedical Engineer: Iceland vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇮🇸 Iceland pays 62% more
Iceland
ISK
Estimated Salary (USD)
$87,403
per year
Local Currency (ISK)
kr12,061,614
per year
PPP Adjusted
$89,646
purchasing power
Big Mac Power
13,551
burgers / year
Global Percentile
Top 2%
South Korea
KRW
Estimated Salary (USD)
$53,803
per year
Local Currency (KRW)
₩71,019,960
per year
PPP Adjusted
$114,109
purchasing power
Big Mac Power
10,936
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Biomedical Engineers in Iceland earn 62% more than in South Korea (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea actually leads by 27%.
- ●
Using the Big Mac Index, a Biomedical Engineer's salary buys 1.2x more Big Macs in Iceland.
Free · No login required
Explore More
Frequently Asked Questions
Who pays Biomedical Engineers more: Iceland or South Korea?▾
Iceland pays Biomedical Engineers an estimated $87,403 USD per year, which is 62% more than South Korea's estimated $53,803 USD.
What is the PPP-adjusted salary for a Biomedical Engineer in Iceland vs South Korea?▾
The PPP-adjusted salary is $89,646 USD in Iceland and $114,109 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Biomedical Engineers?▾
Using the Big Mac Index, a Biomedical Engineer in Iceland can buy about 13,551 Big Macs per year, while in South Korea it's about 10,936 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 · OECD · World Bank · Big Mac Index