Teacher (K-12): Iceland vs Germany
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇮🇸 Iceland pays 35% more
Iceland
ISK
Estimated Salary (USD)
$70,926
per year
Local Currency (ISK)
kr9,787,788
per year
PPP Adjusted
$72,746
purchasing power
Big Mac Power
10,996
burgers / year
Global Percentile
Top 2%
Germany
EUR
Estimated Salary (USD)
$52,601
per year
Local Currency (EUR)
€48,393
per year
PPP Adjusted
$76,014
purchasing power
Big Mac Power
9,148
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Teacher (K-12)s in Iceland earn 35% more than in Germany (nominal USD).
- ●
After adjusting for purchasing power (PPP), both countries offer similar real value.
- ●
Using the Big Mac Index, a Teacher (K-12)'s salary buys 1.2x more Big Macs in Iceland.
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Frequently Asked Questions
Who pays Teacher (K-12)s more: Iceland or Germany?▾
Iceland pays Teacher (K-12)s an estimated $70,926 USD per year, which is 35% more than Germany's estimated $52,601 USD.
What is the PPP-adjusted salary for a Teacher (K-12) in Iceland vs Germany?▾
The PPP-adjusted salary is $72,746 USD in Iceland and $76,014 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Teacher (K-12)s?▾
Using the Big Mac Index, a Teacher (K-12) in Iceland can buy about 10,996 Big Macs per year, while in Germany it's about 9,148 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 · OECD · World Bank · Big Mac Index