AIPF
โ† Mechanical Engineer in all countries

Mechanical Engineer: Austria vs South Korea

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

๐Ÿ‡ฆ๐Ÿ‡น Austria pays 15% more

Higher Pay
๐Ÿ‡ฆ๐Ÿ‡น

Austria

EUR

Estimated Salary (USD)

$61,988

per year

Local Currency (EUR)

โ‚ฌ57,029

per year

PPP Adjusted

$83,302

purchasing power

Big Mac Power

11,522

burgers / year

Global Percentile

Top 24%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$53,932

per year

Local Currency (KRW)

โ‚ฉ71,190,240

per year

PPP Adjusted

$114,383

purchasing power

Big Mac Power

10,962

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฆ๐Ÿ‡น Austria
$62.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.9K

PPP Adjusted (USD)

๐Ÿ‡ฆ๐Ÿ‡น Austria
$83.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฆ๐Ÿ‡น Austria
11,522
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,962

Key Takeaways

  • โ—

    Mechanical Engineers in Austria earn 15% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 37%.

  • โ—

    Using the Big Mac Index, a Mechanical Engineer's salary buys 1.1x more Big Macs in Austria.

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Frequently Asked Questions

Who pays Mechanical Engineers more: Austria or South Korea?โ–พ

Austria pays Mechanical Engineers an estimated $61,988 USD per year, which is 15% more than South Korea's estimated $53,932 USD.

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

The PPP-adjusted salary is $83,302 USD in Austria 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?โ–พ

Using the Big Mac Index, a Mechanical Engineer in Austria can buy about 11,522 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