AIPF
โ† Mining Engineer in all countries

Mining 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)

$82,045

per year

Local Currency (EUR)

โ‚ฌ75,481

per year

PPP Adjusted

$47,696

purchasing power

Big Mac Power

13,720

burgers / year

Global Percentile

Top 5%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$54,493

per year

Local Currency (KRW)

โ‚ฉ71,930,760

per year

PPP Adjusted

$115,572

purchasing power

Big Mac Power

11,076

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
$82.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$54.5K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
$47.7K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$115.6K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
13,720
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
11,076

Key Takeaways

  • โ—

    Mining 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 Mining Engineer's salary buys 1.2x more Big Macs in Luxembourg.

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Frequently Asked Questions

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

Luxembourg pays Mining Engineers an estimated $82,045 USD per year, which is 51% more than South Korea's estimated $54,493 USD.

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

The PPP-adjusted salary is $47,696 USD in Luxembourg and $115,572 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Mining Engineers?โ–พ

Using the Big Mac Index, a Mining Engineer in Luxembourg can buy about 13,720 Big Macs per year, while in South Korea it's about 11,076 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