Wage Cost

Country comparison

Chile vs Colombia

Compare average wages, historical trends and everyday price levels across two economies. A common wage-year frame and a visible United States = 100 price benchmark keep the view comparable.

All Countries
Chile$40,6262023 · PPP-adjusted annual wage

Overall Price Level: 42.90 · 2024

Data reviewed: August 2026

Colombia$30,1332024 · PPP-adjusted annual wage

Overall Price Level: 32.60 · 2024

Data reviewed: August 2026

Compare average wages, historical trends and everyday price levels across two economies. A common wage-year frame and a visible United States = 100 price benchmark keep the view comparable.

Wage trend comparison

How Wages Have Changed

$48k$42k$37k$32k$27k20152023PPP-adjusted annual wage (USD)

USD PPP, constant 2025 prices · click a legend name to hide it; at least one line remains.

Price Level Comparison

Compare Everyday Price Levels

Compare eight consumer price categories using the United States benchmark of 100.

OverallChile +10.3
FoodChile +19.4
ClothingChile +17.1
HousingChile +3.0
HealthChile +7.2
TransportChile +17.0
RecreationChile +12.9
RestaurantsChile +20.6
Chile 42.90Colombia 32.60
Overall
Chile 42.90
Colombia 32.60
Difference Chile +10.30
Food
Chile 84.80
Colombia 65.40
Difference Chile +19.40
Clothing
Chile 77.50
Colombia 60.40
Difference Chile +17.10
Housing
Chile 29.60
Colombia 26.60
Difference Chile +3.00
Health
Chile 25.80
Colombia 18.60
Difference Chile +7.20
Transport
Chile 66.80
Colombia 49.80
Difference Chile +17.00
Recreation
Chile 60.70
Colombia 47.80
Difference Chile +12.90
Restaurants
Chile 61.10
Colombia 40.50
Difference Chile +20.60

Key Differences

Understanding Chile and Colombia

Chile records a higher 2023 PPP-adjusted annual wage than Colombia, while both countries have overall price levels below the U.S. benchmark in 2024. The page keeps the arithmetic difference visible but does not turn it into a causal explanation or a living-standard judgement.

Wage Comparison

Chile shows the higher PPP-adjusted annual wage: $10,493 (34.8%) more than Colombia. Over the latest reported year, both economies recorded positive one-year wage changes (+1.30% and +1.88%). The widest price category gap is Restaurants at 20.6 index points, and both overall price levels sit below the U.S. benchmark of 100 in 2024. Wages are reported for 2023 (Chile) and 2024 (Colombia), while prices cover 2024; the two datasets are labelled separately.

Price Profile

Both overall price indices remain below the United States benchmark. Chile is marginally higher overall, while the largest category difference appears in Restaurants, where Chile exceeds Colombia by 20.6 index points. Each value remains relative to the United States = 100 benchmark.

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Data Notes

Wage data: 2023 common-year PPP-adjusted annual wages. Price data: 2022–2024, United States = 100. Missing values display – without zero fill, interpolation, or automatic year fallback.

Data reviewed: August 2026