AIPF
โ† Mechanical Engineer in all countries

Mechanical Engineer: Hungary vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 71% more

๐Ÿ‡ญ๐Ÿ‡บ

Hungary

HUF

Estimated Salary (USD)

$31,485

per year

Local Currency (HUF)

Ft11,523,510

per year

PPP Adjusted

$112,564

purchasing power

Big Mac Power

6,981

burgers / year

Global Percentile

Bottom 24%

Higher Pay
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‡ญ๐Ÿ‡บ Hungary
$31.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.9K

PPP Adjusted (USD)

๐Ÿ‡ญ๐Ÿ‡บ Hungary
$112.6K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.4K

Big Mac Power (burgers/year)

๐Ÿ‡ญ๐Ÿ‡บ Hungary
6,981
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,962

Key Takeaways

  • โ—

    Mechanical Engineers in South Korea earn 71% more than in Hungary (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • โ—

    Using the Big Mac Index, a Mechanical Engineer's salary buys 1.6x more Big Macs in South Korea.

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Frequently Asked Questions

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

South Korea pays Mechanical Engineers an estimated $53,932 USD per year, which is 71% more than Hungary's estimated $31,485 USD.

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

The PPP-adjusted salary is $112,564 USD in Hungary 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 Hungary can buy about 6,981 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