Wage Cost

Country comparison

Colombia vs Chile

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

Chile$40,6262023 · PPP-adjusted annual wage

Overall Price Level: 42.90 · 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$27k20152024PPP-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
Colombia 32.60Chile 42.90
Overall
Colombia 32.60
Chile 42.90
Difference Chile +10.30
Food
Colombia 65.40
Chile 84.80
Difference Chile +19.40
Clothing
Colombia 60.40
Chile 77.50
Difference Chile +17.10
Housing
Colombia 26.60
Chile 29.60
Difference Chile +3.00
Health
Colombia 18.60
Chile 25.80
Difference Chile +7.20
Transport
Colombia 49.80
Chile 66.80
Difference Chile +17.00
Recreation
Colombia 47.80
Chile 60.70
Difference Chile +12.90
Restaurants
Colombia 40.50
Chile 61.10
Difference Chile +20.60

Key Differences

Understanding Colombia and Chile

Colombia records an lower 2024 PPP-adjusted annual wage than Chile, 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 (+1.88% and +1.30%). 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 2024 (Colombia) and 2023 (Chile), 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: 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