AIPF
โ† Medical Lab Technician in all countries

Medical Lab Technician: Mexico vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 186% more

๐Ÿ‡ฒ๐Ÿ‡ฝ

Mexico

MXN

Estimated Salary (USD)

$10,510

per year

Local Currency (MXN)

MX$180,772

per year

PPP Adjusted

$57,220

purchasing power

Big Mac Power

2,290

burgers / year

Global Percentile

Bottom 12%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$30,105

per year

Local Currency (KRW)

โ‚ฉ39,738,600

per year

PPP Adjusted

$63,849

purchasing power

Big Mac Power

6,119

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
$10.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$30.1K

PPP Adjusted (USD)

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
$57.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$63.8K

Big Mac Power (burgers/year)

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
2,290
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
6,119

Key Takeaways

  • โ—

    Medical Lab Technicians in South Korea earn 186% more than in Mexico (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 12%.

  • โ—

    Using the Big Mac Index, a Medical Lab Technician's salary buys 2.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Medical Lab Technicians more: Mexico or South Korea?โ–พ

South Korea pays Medical Lab Technicians an estimated $30,105 USD per year, which is 186% more than Mexico's estimated $10,510 USD.

What is the PPP-adjusted salary for a Medical Lab Technician in Mexico vs South Korea?โ–พ

The PPP-adjusted salary is $57,220 USD in Mexico and $63,849 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Medical Lab Technicians?โ–พ

Using the Big Mac Index, a Medical Lab Technician in Mexico can buy about 2,290 Big Macs per year, while in South Korea it's about 6,119 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