Hungary vs Greece
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)
$39,145
- 1-year change
- +3.4%
- 5-year change
- +18.8%
Overall price level (2024)
45.1 (United States = 100)
Hungary's latest PPP-adjusted average wage is approximately 20.8% higher than Greece's.
Average wage (2025)
$32,412
- 1-year change
- −0.3%
- 5-year change
- −0.3%
Overall price level (2024)
54.7 (United States = 100)
Hungary has the higher latest average wage of the two, by 20.8% on a PPP-adjusted basis. Over five years Hungary shows the stronger change (+18.8% against −0.3%). Overall consumer prices are higher in Greece, at 54.7 against 45.1 on the United States = 100 scale — a gap of +9.6 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 | Hungary | Greece |
|---|---|---|
| Latest wage | $39,145 | $32,412 |
| Latest year | 2025 | 2025 |
| 1-year change | +3.4% | −0.3% |
| 5-year change | +18.8% | −0.3% |
| 10-year change | +48.3% | −6.0% |
| Historical peak | $39,145 | $44,174 |
| Peak year | 2025 | 2009 |
| Change from peak | 0.0% | −26.6% |
How the Wage Trends Compare
Current Position
Hungary records the higher figure: $39,145 against $32,412, a gap of 20.8%. 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
Hungary had the stronger latest year (+3.4% against −0.3%).
Greece was the one that fell, while Hungary rose, so the latest year moved them apart rather than together.
Widening the window to five years, the stronger of the two is Hungary: +18.8% against −0.3%.
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: +48.3% for Hungary against −6.0% for Greece. One long-term series is rising while the other is not, which is a more durable difference than any single year's movement.
Hungary is at its historical peak in the latest year, while Greece sits 26.6% from its high of 2009. One has recovered its previous ground and the other has not.
The gap has been widening rather than closing over the five-year window: the economy that already reported the higher wage is also the one growing faster.
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 | Hungary | Greece | Difference (HUN − GRC) | HUN vs U.S. | GRC vs U.S. |
|---|---|---|---|---|---|
| Overall | 45.1 | 54.7 | −9.6 | −54.9 | −45.3 |
| Food | 81.6 | 91.1 | −9.5 | −18.4 | −8.9 |
| Clothing | 76.4 | 80.9 | −4.5 | −23.6 | −19.1 |
| Housing | 35.6 | 40.7 | −5.1 | −64.4 | −59.3 |
| Health | 19.2 | 38.1 | −18.9 | −80.8 | −61.9 |
| Transport | 84.4 | 93.4 | −9.0 | −15.6 | −6.6 |
| Recreation | 55.7 | 66.5 | −10.8 | −44.3 | −33.5 |
| Restaurants & Accommodation | 56.7 | 71.3 | −14.6 | −43.3 | −28.7 |
Overall
Hungary45.1Greece54.7Difference−9.6HUN vs U.S.−54.9GRC vs U.S.−45.3Food
Hungary81.6Greece91.1Difference−9.5HUN vs U.S.−18.4GRC vs U.S.−8.9Clothing
Hungary76.4Greece80.9Difference−4.5HUN vs U.S.−23.6GRC vs U.S.−19.1Housing
Hungary35.6Greece40.7Difference−5.1HUN vs U.S.−64.4GRC vs U.S.−59.3Health
Hungary19.2Greece38.1Difference−18.9HUN vs U.S.−80.8GRC vs U.S.−61.9Transport
Hungary84.4Greece93.4Difference−9.0HUN vs U.S.−15.6GRC vs U.S.−6.6Recreation
Hungary55.7Greece66.5Difference−10.8HUN vs U.S.−44.3GRC vs U.S.−33.5Restaurants & Accommodation
Hungary56.7Greece71.3Difference−14.6HUN vs U.S.−43.3GRC vs U.S.−28.7
Hungary and Greece in Detail
Current Wage Position
Hungary reports a PPP-adjusted average annual wage of $39,145 for 2025, and Greece $32,412 for 2025. That puts Hungary ahead by 20.8%.
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 Hungary changed by +3.4% and Greece by −0.3%. 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, Hungary records the larger change at +18.8%, against −0.3% for Greece. 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 +48.3% for Hungary and −6.0% for Greece. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.
Hungary reached its highest recorded value of $39,145 in 2025, and the latest figure sits 0.0% from that high.
Greece peaked at $44,174 in 2009, leaving its latest value 26.6% 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 45.1 in Hungary and 54.7 in Greece — −9.6 index points apart.
The categories that separate them most are Health (−18.9) and Restaurants & Accommodation (−14.6).
Clothing is where they are nearest, at 76.4 and 80.9.
Across the categories with data, Greece 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