AIPF
โ† Materials Engineer in all countries

Materials Engineer: Chile vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 67% more

๐Ÿ‡จ๐Ÿ‡ฑ

Chile

CLP

Estimated Salary (USD)

$32,301

per year

Local Currency (CLP)

CLP$30,685,950

per year

PPP Adjusted

$138,280

purchasing power

Big Mac Power

8,801

burgers / year

Global Percentile

Bottom 29%

Higher Pay
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‡จ๐Ÿ‡ฑ Chile
$32.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.9K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ฑ Chile
$138.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.2K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ฑ Chile
8,801
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,947

Key Takeaways

  • โ—

    Materials Engineers in South Korea earn 67% more than in Chile (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Chile still leads by 21%.

  • โ—

    Using the Big Mac Index, a Materials Engineer's salary buys 1.2x more Big Macs in South Korea.

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Frequently Asked Questions

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

South Korea pays Materials Engineers an estimated $53,858 USD per year, which is 67% more than Chile's estimated $32,301 USD.

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

The PPP-adjusted salary is $138,280 USD in Chile 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 Chile can buy about 8,801 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