Compare purchasing power and cost of living
Compare your salary purchasing power across different countries.
Maintain current standard of living (1.0x)
Fill in the form to see the purchasing power comparison.
Many professionals considering moving from Malta to South Korea often overlook the Purchasing Power Parity (PPP) difference. While a salary in South Korea might look higher on paper, the cost of living could make it worth less.
Understanding the real value of your income is crucial when negotiating a remote salary or planning a relocation. This calculator helps you determine the equivalent salary you would need in South Korea to maintain your current standard of living in Malta.
Based on PPP data, the price level in South Korea is approximately 1545.45x that of Malta. This means things are generally more expensive in South Korea.
You are comparing EUR vs KRW. Exchange rates fluctuate daily, but PPP provides a more stable long-term view of economic value and living standards.