Wage Cost

Country comparison

Mexico 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
Mexico$24,4632025 · PPP-adjusted annual wage

Overall Price Level: 50.90 · 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

$38k$33k$28k$24k$19k20152025PPP-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.

OverallMexico +18.3
FoodMexico +22.9
ClothingMexico +11.6
HousingMexico +16.1
HealthMexico +27.4
TransportMexico +30.8
RecreationMexico +15.5
RestaurantsMexico +24.6
Mexico 50.90Colombia 32.60
Overall
Mexico 50.90
Colombia 32.60
Difference Mexico +18.30
Food
Mexico 88.30
Colombia 65.40
Difference Mexico +22.90
Clothing
Mexico 72.00
Colombia 60.40
Difference Mexico +11.60
Housing
Mexico 42.70
Colombia 26.60
Difference Mexico +16.10
Health
Mexico 46.00
Colombia 18.60
Difference Mexico +27.40
Transport
Mexico 80.60
Colombia 49.80
Difference Mexico +30.80
Recreation
Mexico 63.30
Colombia 47.80
Difference Mexico +15.50
Restaurants
Mexico 65.10
Colombia 40.50
Difference Mexico +24.60

Key Differences

Understanding Mexico and Colombia

Mexico records an lower 2025 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

Colombia shows the higher PPP-adjusted annual wage: $5,670 (23.2%) more than Mexico. Over the latest reported year, both economies recorded positive one-year wage changes (+1.34% and +1.88%). The widest price category gap is Transport at 30.8 index points, and both overall price levels sit below the U.S. benchmark of 100 in 2024. Wages are reported for 2025 (Mexico) 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. Mexico is marginally higher overall, while the largest category difference appears in Transport, where Mexico exceeds Colombia by 30.8 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