Country Overview

Wages and Prices in Chile

Chile provides a lower-wage Americas comparison point with an independently labelled price profile, useful for observing how wage values and category indices can move differently.

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Wage history

How Wages Have Changed in Chile

Explore Chile’s PPP-adjusted annual wage history using a reported range rather than a filled-in series.

PPP-adjusted annual wage (USD)2000–2023 · touch or hover points for the selected range

Price levels

Price Levels in Chile

Compare everyday price levels using the United States benchmark of 100.

Overall

42.90Below U.S.57.1% below U.S.

Food

84.80Below U.S.15.2% below U.S.

Clothing

77.50Below U.S.22.5% below U.S.

Housing

29.60Below U.S.70.4% below U.S.

Health

25.80Below U.S.74.2% below U.S.

Transport

66.80Below U.S.33.2% below U.S.

Recreation

60.70Below U.S.39.3% below U.S.

Restaurants

61.10Below U.S.38.9% below U.S.

How to Read This View

Use 100 as the reference

The United States is fixed at 100 for every category. A value of 42.9 means that Chile’s price level is about 57.1% below the U.S. benchmark, while a value of 84.8 means it is approximately 15% lower.

Compare categories, not household bills

Each row represents a separate spending category. The values show relative price levels rather than the actual amount a household spends. A higher food index does not necessarily mean that total living costs are higher by the same amount.

Check the selected year

The year buttons update all displayed categories together. Missing observations are shown as unavailable and are never replaced with values from another year.

Relative context

Chile in Context

See how Chile’s wage and selected price level compare with the OECD median and the United States.

Average Annual Wage

Chile$40,626

OECD Median$60,690

United States$86,977

Selected Price Level

Chile42.90

OECD Median67.25

United States100

Read the placement

Chile’s 2023 PPP-adjusted annual wage is 33.1% below the OECD median. Its 2024 Overall price index of 42.9 is 57.1% below the U.S. benchmark, meaning that both measures sit on the same side of their references in this dataset. Wage and price observations refer to separately labelled years and should not be read as a household affordability score.

Country note

Understanding Wages and Prices in Chile

Chile is shown with its current common-year wage and a separate price-year label. The chart exposes the selected historical span without interpolation, while the page avoids converting a measured change into a causal story.

Category detail for Chile is led by Food at 84.80, ahead of Clothing (77.50) and Transport (66.80), while the overall index remains below the United States reference. The category spread is shown as reported, without adjusting any value toward the aggregate.