Country Overview

Wages and Prices in Colombia

Colombia anchors the lower end of the wage range shown here while retaining a full consumer-price profile, showing why missing or different measures should not be silently replaced.

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Wage history

How Wages Have Changed in Colombia

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

PPP-adjusted annual wage (USD)2005–2024 · touch or hover points for the selected range

Price levels

Price Levels in Colombia

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

Overall

32.60Below U.S.67.4% below U.S.

Food

65.40Below U.S.34.6% below U.S.

Clothing

60.40Below U.S.39.6% below U.S.

Housing

26.60Below U.S.73.4% below U.S.

Health

18.60Below U.S.81.4% below U.S.

Transport

49.80Below U.S.50.2% below U.S.

Recreation

47.80Below U.S.52.2% below U.S.

Restaurants

40.50Below U.S.59.5% 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 32.6 means that Colombia’s price level is about 67.4% below the U.S. benchmark, while a value of 65.4 means it is approximately 35% 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

Colombia in Context

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

Average Annual Wage

Colombia$30,133

OECD Median$60,690

United States$86,977

Selected Price Level

Colombia32.60

OECD Median67.25

United States100

Read the placement

Colombia’s 2024 PPP-adjusted annual wage is 50.3% below the OECD median. Its 2024 Overall price index of 32.6 is 67.4% 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 Colombia

Colombia 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.

The highest displayed category indices for Colombia are Food at 65.40, Clothing at 60.40, and Transport at 49.80, while the overall index remains below the United States reference. Those measures describe relative prices, not an estimate of a household budget or a recommendation about where to live.