Wage Cost

Country comparison

Latvia vs Canada

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
Latvia$44,7092025 · PPP-adjusted annual wage

Overall Price Level: 52.20 · 2024

Data reviewed: August 2026

Canada$67,9012025 · PPP-adjusted annual wage

Overall Price Level: 86.00 · 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

$72k$61k$50k$39k$29k20152025PPP-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.

OverallCanada +33.8
FoodCanada +17.8
ClothingCanada +25.5
HousingCanada +52.0
HealthCanada +31.2
TransportCanada +16.6
RecreationCanada +21.1
RestaurantsCanada +22.2
Latvia 52.20Canada 86.00
Overall
Latvia 52.20
Canada 86.00
Difference Canada +33.80
Food
Latvia 90.20
Canada 108.00
Difference Canada +17.80
Clothing
Latvia 92.50
Canada 118.00
Difference Canada +25.50
Housing
Latvia 31.10
Canada 83.10
Difference Canada +52.00
Health
Latvia 31.00
Canada 62.20
Difference Canada +31.20
Transport
Latvia 86.40
Canada 103.00
Difference Canada +16.60
Recreation
Latvia 70.90
Canada 92.00
Difference Canada +21.10
Restaurants
Latvia 75.40
Canada 97.60
Difference Canada +22.20

Key Differences

Understanding Latvia and Canada

Latvia records an lower 2025 PPP-adjusted annual wage than Canada, 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

Canada shows the higher PPP-adjusted annual wage: $23,192 (51.9%) more than Latvia. Over the latest reported year, both economies recorded positive one-year wage changes (+3.34% and +0.20%). The widest price category gap is Housing at 52.0 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. Canada is marginally higher overall, while the largest category difference appears in Housing, where Canada exceeds Latvia by 52.0 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