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Chef: Iceland vs Germany

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 35% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$57,534

per year

Local Currency (ISK)

kr7,939,692

per year

PPP Adjusted

$59,011

purchasing power

Big Mac Power

8,920

burgers / year

Global Percentile

Top 2%

๐Ÿ‡ฉ๐Ÿ‡ช

Germany

EUR

Estimated Salary (USD)

$42,670

per year

Local Currency (EUR)

โ‚ฌ39,256

per year

PPP Adjusted

$61,662

purchasing power

Big Mac Power

7,421

burgers / year

Global Percentile

Top 19%

Visual Comparison

Salary (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$57.5K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$42.7K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$59.0K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$61.7K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
8,920
๐Ÿ‡ฉ๐Ÿ‡ช Germany
7,421

Key Takeaways

  • โ—

    Chefs in Iceland earn 35% more than in Germany (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • โ—

    Using the Big Mac Index, a Chef's salary buys 1.2x more Big Macs in Iceland.

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Frequently Asked Questions

Who pays Chefs more: Iceland or Germany?โ–พ

Iceland pays Chefs an estimated $57,534 USD per year, which is 35% more than Germany's estimated $42,670 USD.

What is the PPP-adjusted salary for a Chef in Iceland vs Germany?โ–พ

The PPP-adjusted salary is $59,011 USD in Iceland and $61,662 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Chefs?โ–พ

Using the Big Mac Index, a Chef in Iceland can buy about 8,920 Big Macs per year, while in Germany it's about 7,421 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