AIPF
โ† Medical Lab Technician in all countries

Medical Lab Technician: Spain vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 20% more

๐Ÿ‡ช๐Ÿ‡ธ

Spain

EUR

Estimated Salary (USD)

$25,008

per year

Local Currency (EUR)

โ‚ฌ23,007

per year

PPP Adjusted

$60,273

purchasing power

Big Mac Power

4,555

burgers / year

Global Percentile

Bottom 45%

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‡ช๐Ÿ‡ธ Spain
$25.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$30.1K

PPP Adjusted (USD)

๐Ÿ‡ช๐Ÿ‡ธ Spain
$60.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$63.8K

Big Mac Power (burgers/year)

๐Ÿ‡ช๐Ÿ‡ธ Spain
4,555
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
6,119

Key Takeaways

  • โ—

    Medical Lab Technicians in South Korea earn 20% more than in Spain (nominal USD).

  • โ—

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

  • โ—

    Using the Big Mac Index, a Medical Lab Technician's salary buys 1.3x more Big Macs in South Korea.

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Frequently Asked Questions

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

South Korea pays Medical Lab Technicians an estimated $30,105 USD per year, which is 20% more than Spain's estimated $25,008 USD.

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

The PPP-adjusted salary is $60,273 USD in Spain 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 Spain can buy about 4,555 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