South Korea's lowest-paid employees score poor on Big Mac buying power

The price of a McDonald's Big Mac stood at US$3.21, leaving South Koreans' purchasing power below that of almost two dozen countries on the list, said Albain, an online part-time job portal, using the Big Mac Index data.

Meanwhile, Koreans received a minimum wage of US$4.32 an hour, it explained.

South Korea's Big Mac buying power ranked 23rd among 44 countries evaluated in the index, with one of lowest monthly incomes among OECD members.

Japan had a Big Mac Index of US$4.09 on a minimum wage of 774 yen (US$8.34), while London had US$4.16 with a wage of US$11.01.

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