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โ† Mechanical Engineer in all countries

Mechanical Engineer: Iceland vs United Kingdom

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 47% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$87,611

per year

Local Currency (ISK)

kr12,090,318

per year

PPP Adjusted

$89,860

purchasing power

Big Mac Power

13,583

burgers / year

Global Percentile

Top 2%

๐Ÿ‡ฌ๐Ÿ‡ง

United Kingdom

GBP

Estimated Salary (USD)

$59,513

per year

Local Currency (GBP)

ยฃ47,015

per year

PPP Adjusted

$92,915

purchasing power

Big Mac Power

11,229

burgers / year

Global Percentile

Top 36%

Visual Comparison

Salary (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$87.6K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$59.5K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$89.9K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$92.9K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
13,583
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
11,229

Key Takeaways

  • โ—

    Mechanical Engineers in Iceland earn 47% more than in United Kingdom (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 1.2x more Big Macs in Iceland.

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Frequently Asked Questions

Who pays Mechanical Engineers more: Iceland or United Kingdom?โ–พ

Iceland pays Mechanical Engineers an estimated $87,611 USD per year, which is 47% more than United Kingdom's estimated $59,513 USD.

What is the PPP-adjusted salary for a Mechanical Engineer in Iceland vs United Kingdom?โ–พ

The PPP-adjusted salary is $89,860 USD in Iceland and $92,915 USD in United Kingdom. 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 Iceland can buy about 13,583 Big Macs per year, while in United Kingdom it's about 11,229 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