Welder: Australia vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฆ๐บ Australia pays 21% more
Australia
AUD
Estimated Salary (USD)
$36,305
per year
Local Currency (AUD)
A$55,547
per year
PPP Adjusted
$42,851
purchasing power
Big Mac Power
7,455
burgers / year
Global Percentile
Top 17%
South Korea
KRW
Estimated Salary (USD)
$29,897
per year
Local Currency (KRW)
โฉ39,464,040
per year
PPP Adjusted
$63,408
purchasing power
Big Mac Power
6,077
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Welders in Australia earn 21% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 48%.
- โ
Using the Big Mac Index, a Welder's salary buys 1.2x more Big Macs in Australia.
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Frequently Asked Questions
Who pays Welders more: Australia or South Korea?โพ
Australia pays Welders an estimated $36,305 USD per year, which is 21% more than South Korea's estimated $29,897 USD.
What is the PPP-adjusted salary for a Welder in Australia vs South Korea?โพ
The PPP-adjusted salary is $42,851 USD in Australia and $63,408 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Welders?โพ
Using the Big Mac Index, a Welder in Australia can buy about 7,455 Big Macs per year, while in South Korea it's about 6,077 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