Physician Salary: New York vs Seoul
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 New York
United States
$288K USD
$288K USD
$288K PPP
Higher Purchasing Power
VS
USD Difference
+228%
New York vs Seoul
🇰🇷 Seoul
South Korea
₩117.0M KRW
$88K USD
$142K PPP
Detailed Comparison
| Metric | New York | Seoul | Difference |
|---|---|---|---|
| Local Currency Salary | $288K USD | ₩117.0M KRW | — |
| USD Equivalent | $288K | $88K | +228% |
| PPP-Adjusted SalaryWINNER | $288K 🏆 | $142K | +103% |
| 25th Percentile | $230K USD | ₩93.6M KRW | — |
| Median | $288K USD | ₩117.0M KRW | — |
| 75th Percentile | $360K USD | ₩146.3M KRW | — |
| Annual Mean | $311K USD | ₩126.4M KRW | — |
What Does This Mean?
New York offers a Physician salary of $288K USD, while Seoul offers $88K USD — a difference of +228% in raw terms.
After adjusting for purchasing power parity (PPP), New York's salary is worth $288K in US purchasing power terms, versus $142K for Seoul. This means New York offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.