Mechanical Engineer: Australia vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฆ๐บ Australia pays 21% more
Australia
AUD
Estimated Salary (USD)
$65,491
per year
Local Currency (AUD)
A$100,201
per year
PPP Adjusted
$77,299
purchasing power
Big Mac Power
13,448
burgers / year
Global Percentile
Top 17%
South Korea
KRW
Estimated Salary (USD)
$53,932
per year
Local Currency (KRW)
โฉ71,190,240
per year
PPP Adjusted
$114,383
purchasing power
Big Mac Power
10,962
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Mechanical 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 Mechanical Engineer's salary buys 1.2x more Big Macs in Australia.
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Frequently Asked Questions
Who pays Mechanical Engineers more: Australia or South Korea?โพ
Australia pays Mechanical Engineers an estimated $65,491 USD per year, which is 21% more than South Korea's estimated $53,932 USD.
What is the PPP-adjusted salary for a Mechanical Engineer in Australia vs South Korea?โพ
The PPP-adjusted salary is $77,299 USD in Australia and $114,383 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Mechanical Engineers?โพ
Using the Big Mac Index, a Mechanical Engineer in Australia can buy about 13,448 Big Macs per year, while in South Korea it's about 10,962 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