Finland vs New Zealand
Compare PPP-adjusted average wages, long-term wage trends and consumer price levels using consistent OECD data.
Wage data: 2025 · Price data: 2024
Comparison Overview
Average wage (2025)
$63,053
- 1-year change
- +1.1%
- 5-year change
- −0.1%
Overall price level (2024)
83.8 (United States = 100)
Finland's latest PPP-adjusted average wage is approximately 3.5% higher than New Zealand's.
Average wage (2025)
$60,896
- 1-year change
- +0.7%
- 5-year change
- +2.6%
Overall price level (2024)
81.6 (United States = 100)
Finland has the higher latest average wage of the two, by 3.5% on a PPP-adjusted basis. Over five years New Zealand shows the stronger change (+2.6% against −0.1%). Overall consumer prices are higher in Finland, at 83.8 against 81.6 on the United States = 100 scale — a gap of +2.2 index points. Both wage figures are for 2025 and the price levels for 2024, so the two economies are read at the same point in each series.
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 | Finland | New Zealand |
|---|---|---|
| Latest wage | $63,053 | $60,896 |
| Latest year | 2025 | 2025 |
| 1-year change | +1.1% | +0.7% |
| 5-year change | −0.1% | +2.6% |
| 10-year change | +3.8% | +15.5% |
| Historical peak | $65,186 | $62,034 |
| Peak year | 2021 | 2021 |
| Change from peak | −3.3% | −1.8% |
How the Wage Trends Compare
Current Position
Finland records the higher figure: $63,053 against $60,896, a gap of 3.5%. The gap is clear enough to rank the two, though it says nothing about how the figure is distributed within either economy.
Both figures are for 2025, so this is a like-for-like comparison of the same year rather than of two different latest points.
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
Finland had the stronger latest year (+1.1% against +0.7%).
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 New Zealand: +2.6% against −0.1%.
This is where the two separate: Finland's latest year runs against its own five-year direction, while New Zealand's does not. Short-term and medium-term signals agree for one and conflict for the other.
Long-Term Direction
Across ten years both series are up — +3.8% for Finland and +15.5% for New Zealand. Over this horizon the two share a direction, and the difference between them is one of pace.
Neither is at its peak: Finland is 3.3% from its 2021 high and New Zealand 1.8% 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 | Finland | New Zealand | Difference (FIN − NZL) | FIN vs U.S. | NZL vs U.S. |
|---|---|---|---|---|---|
| Overall | 83.8 | 81.6 | +2.2 | −16.2 | −18.4 |
| Food | 93.1 | 102 | −8.9 | −6.9 | +2.0 |
| Clothing | 109 | 76.2 | +32.8 | +9.0 | −23.8 |
| Housing | 70.7 | 105 | −34.3 | −29.3 | +5.0 |
| Health | 75.4 | 45.6 | +29.8 | −24.6 | −54.4 |
| Transport | 117 | 92 | +25.0 | +17.0 | −8.0 |
| Recreation | 101 | 91.6 | +9.4 | +1.0 | −8.4 |
| Restaurants & Accommodation | 103 | 103 | 0.0 | +3.0 | +3.0 |
Overall
Finland83.8New Zealand81.6Difference+2.2FIN vs U.S.−16.2NZL vs U.S.−18.4Food
Finland93.1New Zealand102Difference−8.9FIN vs U.S.−6.9NZL vs U.S.+2.0Clothing
Finland109New Zealand76.2Difference+32.8FIN vs U.S.+9.0NZL vs U.S.−23.8Housing
Finland70.7New Zealand105Difference−34.3FIN vs U.S.−29.3NZL vs U.S.+5.0Health
Finland75.4New Zealand45.6Difference+29.8FIN vs U.S.−24.6NZL vs U.S.−54.4Transport
Finland117New Zealand92Difference+25.0FIN vs U.S.+17.0NZL vs U.S.−8.0Recreation
Finland101New Zealand91.6Difference+9.4FIN vs U.S.+1.0NZL vs U.S.−8.4Restaurants & Accommodation
Finland103New Zealand103Difference0.0FIN vs U.S.+3.0NZL vs U.S.+3.0
Finland and New Zealand in Detail
Current Wage Position
Finland reports a PPP-adjusted average annual wage of $63,053 for 2025, and New Zealand $60,896 for 2025. That puts Finland ahead by 3.5%.
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 Finland changed by +1.1% and New Zealand by +0.7%. 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, New Zealand records the larger change at +2.6%, against −0.1% for Finland. 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 +3.8% for Finland and +15.5% for New Zealand. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.
Finland reached its highest recorded value of $65,186 in 2021, and the latest figure sits 3.3% from that high.
New Zealand peaked at $62,034 in 2021, leaving its latest value 1.8% away from that point.
Both long-term series move the same way, so the difference between these two economies is one of degree over ten years rather than of direction.
Consumer Price Profile
Against the United States benchmark of 100, overall consumption sits at 83.8 in Finland and 81.6 in New Zealand — +2.2 index points apart.
The categories that separate them most are Housing (−34.3) and Clothing (+32.8).
Restaurants & Accommodation is where they are nearest, at 103 and 103.
Across the categories with data, Finland 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