AIPF
โ† Mechanical Engineer in all countries

Mechanical Engineer: Luxembourg vs South Korea

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

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg pays 51% more

Higher Pay
๐Ÿ‡ฑ๐Ÿ‡บ

Luxembourg

EUR

Estimated Salary (USD)

$81,200

per year

Local Currency (EUR)

โ‚ฌ74,704

per year

PPP Adjusted

$47,205

purchasing power

Big Mac Power

13,579

burgers / year

Global Percentile

Top 5%

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‡ฑ๐Ÿ‡บ Luxembourg
$81.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.9K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
$47.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$114.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
13,579
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
10,962

Key Takeaways

  • โ—

    Mechanical Engineers in Luxembourg earn 51% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 142%.

  • โ—

    Using the Big Mac Index, a Mechanical Engineer's salary buys 1.2x more Big Macs in Luxembourg.

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Frequently Asked Questions

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

Luxembourg pays Mechanical Engineers an estimated $81,200 USD per year, which is 51% more than South Korea's estimated $53,932 USD.

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

The PPP-adjusted salary is $47,205 USD in Luxembourg 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 Luxembourg can buy about 13,579 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