AIPF
โ† Industrial Engineer in all countries

Industrial Engineer: Australia vs South Korea

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

๐Ÿ‡ฆ๐Ÿ‡บ Australia pays 21% more

Higher Pay
๐Ÿ‡ฆ๐Ÿ‡บ

Australia

AUD

Estimated Salary (USD)

$65,514

per year

Local Currency (AUD)

A$100,236

per year

PPP Adjusted

$77,326

purchasing power

Big Mac Power

13,453

burgers / year

Global Percentile

Top 17%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$53,950

per year

Local Currency (KRW)

โ‚ฉ71,214,000

per year

PPP Adjusted

$114,421

purchasing power

Big Mac Power

10,965

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
$65.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$54.0K

PPP Adjusted (USD)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
$77.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
13,453
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,965

Key Takeaways

  • โ—

    Industrial Engineers in Australia earn 21% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 48%.

  • โ—

    Using the Big Mac Index, a Industrial Engineer's salary buys 1.2x more Big Macs in Australia.

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Frequently Asked Questions

Who pays Industrial Engineers more: Australia or South Korea?โ–พ

Australia pays Industrial Engineers an estimated $65,514 USD per year, which is 21% more than South Korea's estimated $53,950 USD.

What is the PPP-adjusted salary for a Industrial Engineer in Australia vs South Korea?โ–พ

The PPP-adjusted salary is $77,326 USD in Australia and $114,421 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

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

Using the Big Mac Index, a Industrial Engineer in Australia can buy about 13,453 Big Macs per year, while in South Korea it's about 10,965 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