AIPF
โ† Materials Engineer in all countries

Materials 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)

$65,402

per year

Local Currency (AUD)

A$100,065

per year

PPP Adjusted

$77,194

purchasing power

Big Mac Power

13,430

burgers / year

Global Percentile

Top 17%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$53,858

per year

Local Currency (KRW)

โ‚ฉ71,092,560

per year

PPP Adjusted

$114,226

purchasing power

Big Mac Power

10,947

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
$65.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.9K

PPP Adjusted (USD)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
$77.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.2K

Big Mac Power (burgers/year)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
13,430
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,947

Key Takeaways

  • โ—

    Materials 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 Materials Engineer's salary buys 1.2x more Big Macs in Australia.

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Frequently Asked Questions

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

Australia pays Materials Engineers an estimated $65,402 USD per year, which is 21% more than South Korea's estimated $53,858 USD.

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

The PPP-adjusted salary is $77,194 USD in Australia and $114,226 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

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

Using the Big Mac Index, a Materials Engineer in Australia can buy about 13,430 Big Macs per year, while in South Korea it's about 10,947 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