Wage Cost

Country comparison

Colombia vs Australia

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
Colombia$30,1332024 · PPP-adjusted annual wage

Overall Price Level: 32.60 · 2024

Data reviewed: August 2026

Australia$72,0182025 · PPP-adjusted annual wage

Overall Price Level: 92.70 · 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

$78k$65k$51k$38k$24k20152024PPP-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.

OverallAustralia +60.1
FoodAustralia +35.6
ClothingAustralia +9.1
HousingAustralia +65.2
HealthAustralia +68.3
TransportAustralia +49.5
RecreationAustralia +47.4
RestaurantsAustralia +74.5
Colombia 32.60Australia 92.70
Overall
Colombia 32.60
Australia 92.70
Difference Australia +60.10
Food
Colombia 65.40
Australia 101.00
Difference Australia +35.60
Clothing
Colombia 60.40
Australia 69.50
Difference Australia +9.10
Housing
Colombia 26.60
Australia 91.80
Difference Australia +65.20
Health
Colombia 18.60
Australia 86.90
Difference Australia +68.30
Transport
Colombia 49.80
Australia 99.30
Difference Australia +49.50
Recreation
Colombia 47.80
Australia 95.20
Difference Australia +47.40
Restaurants
Colombia 40.50
Australia 115.00
Difference Australia +74.50

Key Differences

Understanding Colombia and Australia

Colombia records an lower 2024 PPP-adjusted annual wage than Australia, 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

Australia shows the higher PPP-adjusted annual wage: $41,885 (139.0%) more than Colombia. Over the latest reported year, both economies recorded positive one-year wage changes (+1.88% and +1.10%). The widest price category gap is Restaurants at 74.5 index points, and both overall price levels sit below the U.S. benchmark of 100 in 2024. Wages are reported for 2024 (Colombia) and 2025 (Australia), while prices cover 2024; the two datasets are labelled separately.

Price Profile

Both overall price indices remain below the United States benchmark. Australia is marginally higher overall, while the largest category difference appears in Restaurants, where Australia exceeds Colombia by 74.5 index points. Each value remains relative to the United States = 100 benchmark.

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Data Notes

Wage data: 2024 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