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โ† Data Scientist in all countries

Data Scientist: Iceland vs South Korea

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 62% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$107,034

per year

Local Currency (ISK)

kr14,770,692

per year

PPP Adjusted

$109,781

purchasing power

Big Mac Power

16,594

burgers / year

Global Percentile

Top 2%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$65,888

per year

Local Currency (KRW)

โ‚ฉ86,972,160

per year

PPP Adjusted

$139,740

purchasing power

Big Mac Power

13,392

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$107.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$65.9K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$109.8K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$139.7K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
16,594
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
13,392

Key Takeaways

  • โ—

    Data Scientists in Iceland earn 62% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 27%.

  • โ—

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

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Frequently Asked Questions

Who pays Data Scientists more: Iceland or South Korea?โ–พ

Iceland pays Data Scientists an estimated $107,034 USD per year, which is 62% more than South Korea's estimated $65,888 USD.

What is the PPP-adjusted salary for a Data Scientist in Iceland vs South Korea?โ–พ

The PPP-adjusted salary is $109,781 USD in Iceland and $139,740 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Data Scientists?โ–พ

Using the Big Mac Index, a Data Scientist in Iceland can buy about 16,594 Big Macs per year, while in South Korea it's about 13,392 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