Chile vs Estonia
Compare PPP-adjusted average wages, long-term wage trends and consumer price levels using consistent OECD data.
Chile wage data: 2023 · Estonia wage data: 2025 · Price data: 2024
Comparison Overview
Average wage (2023)
$40,626
- 1-year change
- +1.3%
- 5-year change
- +6.1%
Overall price level (2024)
42.9 (United States = 100)
Estonia's latest PPP-adjusted average wage is approximately 1.0% higher than Chile's.
Latest available wage years differ.
Average wage (2025)
$41,019
- 1-year change
- +1.4%
- 5-year change
- +1.6%
Overall price level (2024)
63.6 (United States = 100)
Estonia has the higher latest average wage of the two, by 1.0% on a PPP-adjusted basis. Over five years Chile shows the stronger change (+6.1% against +1.6%). Overall consumer prices are higher in Estonia, at 63.6 against 42.9 on the United States = 100 scale — a gap of +20.7 index points. The wage figures come from different years (2023 and 2025) and the price levels from 2024, so each economy is shown at its own latest available point.
Wage History
See how PPP-adjusted average annual wages have changed in both economies.
PPP-adjusted annual wage (USD)
USD PPP, constant 2025 prices
Wage Key Facts
| Metric | Chile | Estonia |
|---|---|---|
| Latest wage | $40,626 | $41,019 |
| Latest year | 2023 | 2025 |
| 1-year change | +1.3% | +1.4% |
| 5-year change | +6.1% | +1.6% |
| 10-year change | −6.1% | +27.6% |
| Historical peak | $45,670 | $42,741 |
| Peak year | 2016 | 2021 |
| Change from peak | −11.1% | −4.0% |
How the Wage Trends Compare
Current Position
Chile and Estonia sit close together. Chile reports $40,626 for 2023 and Estonia $41,019 for 2025 — a difference of 1.0%, small enough that the two read as comparable rather than ranked.
The two are measured in different years — Chile in 2023, Estonia in 2025 — so this compares each economy's latest available point rather than a single common year. Where a strict same-year ranking is needed, the all-countries table uses the latest year for which every economy reports.
Both use the same basis: PPP-adjusted US dollars at constant prices. That conversion strips out the price level differences between the two economies, which is what makes the two figures comparable at all — neither is a local-currency salary, and neither is what an employer in that country would write on a contract.
Recent Momentum
The latest year moved both by a similar amount: +1.3% in Chile and +1.4% in Estonia.
Both moved up in the latest year, which leaves the ordering between them unchanged.
Widening the window to five years, the stronger of the two is Chile: +6.1% against +1.6%.
For both economies the latest year points the same way as the five-year change, so the recent movement reads as continuation rather than a turn.
Long-Term Direction
The ten-year direction splits between them: −6.1% for Chile against +27.6% for Estonia. One long-term series is rising while the other is not, which is a more durable difference than any single year's movement.
Neither is at its peak: Chile is 11.1% from its 2016 high and Estonia 4.0% from its 2021 high. Both series have retreated from an earlier maximum.
Consumer Price Level Comparison
Compare eight consumer price categories with the United States benchmark of 100.
United States = 100
Missing values are shown as -
All differences are shown in index points. United States = 100.
| Category | Chile | Estonia | Difference (CHL − EST) | CHL vs U.S. | EST vs U.S. |
|---|---|---|---|---|---|
| Overall | 42.9 | 63.6 | −20.7 | −57.1 | −36.4 |
| Food | 84.8 | 91.2 | −6.4 | −15.2 | −8.8 |
| Clothing | 77.5 | 105 | −27.5 | −22.5 | +5.0 |
| Housing | 29.6 | 54.9 | −25.3 | −70.4 | −45.1 |
| Health | 25.8 | 41.4 | −15.6 | −74.2 | −58.6 |
| Transport | 66.8 | 98.5 | −31.7 | −33.2 | −1.5 |
| Recreation | 60.7 | 83.8 | −23.1 | −39.3 | −16.2 |
| Restaurants & Accommodation | 61.1 | 80.7 | −19.6 | −38.9 | −19.3 |
Overall
Chile42.9Estonia63.6Difference−20.7CHL vs U.S.−57.1EST vs U.S.−36.4Food
Chile84.8Estonia91.2Difference−6.4CHL vs U.S.−15.2EST vs U.S.−8.8Clothing
Chile77.5Estonia105Difference−27.5CHL vs U.S.−22.5EST vs U.S.+5.0Housing
Chile29.6Estonia54.9Difference−25.3CHL vs U.S.−70.4EST vs U.S.−45.1Health
Chile25.8Estonia41.4Difference−15.6CHL vs U.S.−74.2EST vs U.S.−58.6Transport
Chile66.8Estonia98.5Difference−31.7CHL vs U.S.−33.2EST vs U.S.−1.5Recreation
Chile60.7Estonia83.8Difference−23.1CHL vs U.S.−39.3EST vs U.S.−16.2Restaurants & Accommodation
Chile61.1Estonia80.7Difference−19.6CHL vs U.S.−38.9EST vs U.S.−19.3
Chile and Estonia in Detail
Current Wage Position
Chile reports a PPP-adjusted average annual wage of $40,626 for 2023, and Estonia $41,019 for 2025. That puts Estonia ahead by 1.0%.
Both figures are PPP-adjusted: converted using purchasing power parities rather than market exchange rates, and expressed in constant prices so different years stay comparable.
This matters for reading the gap. A market-rate conversion would move with currency markets and would not reflect what the money buys in each economy. These figures are built to compare purchasing power, not to tell you what a currency transfer would be worth.
Recent Wage Momentum
In the latest reported year Chile changed by +1.3% and Estonia by +1.4%. A single year is a narrow window, so it is worth reading alongside the five-year figure rather than on its own.
Over five years, Chile records the larger change at +6.1%, against +1.6% for Estonia. That is the difference in how far each series has travelled over the medium term, in real PPP-adjusted terms.
Short-term and five-year movement point the same way for both economies, so neither is currently being pulled against its own medium-term direction.
Long-Term Wage Direction
Across ten years the changes are −6.1% for Chile and +27.6% for Estonia. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.
Chile reached its highest recorded value of $45,670 in 2016, and the latest figure sits 11.1% from that high.
Estonia peaked at $42,741 in 2021, leaving its latest value 4.0% away from that point.
Over the long run the two point in opposite directions. That is the clearest structural difference between these series, and it matters more for reading them than any single year's change does.
Consumer Price Profile
Against the United States benchmark of 100, overall consumption sits at 42.9 in Chile and 63.6 in Estonia — −20.7 index points apart.
The categories that separate them most are Transport (−31.7) and Clothing (−27.5).
Food is where they are nearest, at 84.8 and 91.2.
Across the categories with data, Estonia is the more expensive of the two more often than not.
How to Interpret the Comparison
These are average wages, not median wages, and not take-home pay. An average is pulled by the whole distribution, so it does not describe a typical individual, occupation, city or employer in either economy.
The wage figures are already PPP-adjusted and in constant prices. They are not local-currency salaries and not amounts convertible at a market exchange rate.
The price levels are relative indices against United States = 100. They describe how price levels compare, not what a household actually spends.
Wages and price levels should not be combined into a verdict on which country is better. This page is for understanding how the two wage trends and price structures differ — nothing further follows from it.
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Latest data check
May 15, 2025