AIPF
โ† Materials Engineer in all countries

Materials 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)

$54,440

per year

Local Currency (NZD)

NZ$89,826

per year

PPP Adjusted

$85,187

purchasing power

Big Mac Power

11,365

burgers / year

Global Percentile

Top 43%

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‡ณ๐Ÿ‡ฟ New Zealand
$54.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.9K

PPP Adjusted (USD)

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
$85.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.2K

Big Mac Power (burgers/year)

๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
11,365
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,947

Key Takeaways

  • โ—

    Materials 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 Materials Engineer's salary buys 1.0x more Big Macs in New Zealand.

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Frequently Asked Questions

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

New Zealand pays Materials Engineers an estimated $54,440 USD per year, which is 1% more than South Korea's estimated $53,858 USD.

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

The PPP-adjusted salary is $85,187 USD in New Zealand 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 New Zealand can buy about 11,365 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