AIPF
โ† Chemical Engineer in all countries

Chemical Engineer: New Zealand vs South Korea

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

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand pays 1% more

Higher Pay
๐Ÿ‡ณ๐Ÿ‡ฟ

New Zealand

NZD

Estimated Salary (USD)

$60,661

per year

Local Currency (NZD)

NZ$100,091

per year

PPP Adjusted

$94,921

purchasing power

Big Mac Power

12,664

burgers / year

Global Percentile

Top 43%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$60,014

per year

Local Currency (KRW)

โ‚ฉ79,218,480

per year

PPP Adjusted

$127,282

purchasing power

Big Mac Power

12,198

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
$60.7K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$60.0K

PPP Adjusted (USD)

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
$94.9K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$127.3K

Big Mac Power (burgers/year)

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
12,664
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
12,198

Key Takeaways

  • โ—

    Chemical Engineers in New Zealand earn 1% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 34%.

  • โ—

    Using the Big Mac Index, a Chemical Engineer's salary buys 1.0x more Big Macs in New Zealand.

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Frequently Asked Questions

Who pays Chemical Engineers more: New Zealand or South Korea?โ–พ

New Zealand pays Chemical Engineers an estimated $60,661 USD per year, which is 1% more than South Korea's estimated $60,014 USD.

What is the PPP-adjusted salary for a Chemical Engineer in New Zealand vs South Korea?โ–พ

The PPP-adjusted salary is $94,921 USD in New Zealand and $127,282 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Chemical Engineers?โ–พ

Using the Big Mac Index, a Chemical Engineer in New Zealand can buy about 12,664 Big Macs per year, while in South Korea it's about 12,198 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