Wage Cost

Country comparison

Israel vs Korea

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
Israel$57,4262025 · PPP-adjusted annual wage

Overall Price Level: 93.10 · 2024

Data reviewed: August 2026

Korea$61,2592025 · PPP-adjusted annual wage

Overall Price Level: 60.10 · 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

$63k$59k$55k$50k$46k20152025PPP-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.

OverallIsrael +33.0
FoodKorea +12.0
ClothingIsrael +3.0
HousingIsrael +55.9
HealthIsrael +46.3
TransportIsrael +35.2
RecreationIsrael +27.6
RestaurantsIsrael +47.6
Israel 93.10Korea 60.10
Overall
Israel 93.10
Korea 60.10
Difference Israel +33.00
Food
Israel 124.00
Korea 136.00
Difference Korea +12.00
Clothing
Israel 106.00
Korea 103.00
Difference Israel +3.00
Housing
Israel 93.90
Korea 38.00
Difference Israel +55.90
Health
Israel 83.30
Korea 37.00
Difference Israel +46.30
Transport
Israel 109.00
Korea 73.80
Difference Israel +35.20
Recreation
Israel 99.20
Korea 71.60
Difference Israel +27.60
Restaurants
Israel 130.00
Korea 82.40
Difference Israel +47.60

Key Differences

Understanding Israel and Korea

Israel records an lower 2025 PPP-adjusted annual wage than Korea, 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

Korea shows the higher PPP-adjusted annual wage: $3,833 (6.7%) more than Israel. Over the latest reported year, both economies recorded positive one-year wage changes (+0.51% and +0.58%). The widest price category gap is Housing at 55.9 index points, and both overall price levels sit below the U.S. benchmark of 100 in 2024. Wages are reported for 2025, while prices cover 2024; the two datasets are labelled separately.

Price Profile

Both overall price indices remain below the United States benchmark. Israel is marginally higher overall, while the largest category difference appears in Housing, where Israel exceeds Korea by 55.9 index points. Each value remains relative to the United States = 100 benchmark.

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Data Notes

Wage data: 2025 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