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Australia

PPP-adjusted average annual wage

$72,018 2025

Australia records a 2025 average annual wage of 72,018 USD PPP in constant prices. Consumer price indices for 2024 show mixed results against the United States benchmark. Restaurants and accommodation costs exceed the reference level while clothing prices remain significantly lower. Wage and price datasets are distinct observations that must not be combined into a single score.

1-Year Change

+1.1%

vs 2024

5-Year Change

−1.4%

vs 2020

Overall Price Level

92.7

2024 · United States = 100

Wage data: 2025 · Price data: 2024

Wage History

Track PPP-adjusted average annual wages in constant prices over time.

PPP-adjusted annual wage (USD)

Australia
$70,000$71,000$72,000$73,000$74,000$75,000201520172019202120232025

USD PPP, constant 2025 prices

Wage Key Facts

Latest Wage

$72,018

Latest Year

2025

1-Year Change

+1.1%

5-Year Change

−1.4%

10-Year Change

+2.2%

Historical Peak

$73,870

Peak Year

2021

Change From Peak

−2.5%

What the Wage Trend Shows

The latest reported average annual wage stands at 72,018 USD PPP for 2025. This figure represents a 1.1% increase from the previous observation period in 2024.

Long-term growth reached 39.27% since 1990 despite recent contraction. The current value remains 2.51% below the historical peak recorded in 2021.

Consumer Price Levels

Compare eight consumer price categories with the United States benchmark of 100.

Year
OverallOverall92.7
FoodFood101
ClothingClothing69.5
HousingHousing91.8
HealthHealth86.9
TransportTransport99.3
RecreationRecreation95.2
Restaurants & AccommodationRestaurants115

United States = 100

What Prices Look Like

Highest: Restaurants & Accommodation

Restaurants & Accommodation has the highest relative price level among the available categories, at 115 (United States = 100).

Lowest: Clothing

Clothing is the lowest at 69.5, −30.5 index points against the United States benchmark.

Overall vs United States

The overall price level is 92.7, below the United States benchmark (−7.3 index points).

Wage and Price Snapshot

Read the latest wage record and the selected price benchmark together, without merging their years.

Overall consumption prices registered an index of 92.7 in 2024 against the United States benchmark. This overall level sits 7.3 points below the reference value of 100.

Restaurants and accommodation costs reached 115, exceeding the United States by 15 points. Clothing prices were notably lower at 69.5, creating a substantial 30.5 point deficit.

Food prices stood at 101 while transport costs measured 99.3 relative to the United States. These two categories showed minimal deviation from the benchmark value.

Latest wage recordWage year 2025
$72,018
Price category coveragePrice year 2024
8 of 8
Relative to United States6 below, 0 at 100
2 above

Compare Australia

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Similar Economies

How to Read This Country Page

Three boundaries keep wage and price comparisons from being misread.

Wage basis
The annual wage is expressed in USD PPP at constant 2025 prices. It is an average, not a median wage, local-currency amount, or take-home figure.
Years stay separate
The latest wage year and the price year do not have to match. Price controls read only 2022, 2023, or 2024 and never substitute another year.
Price benchmark
100 represents the United States price level. A value of 120 is reported here as 20 index points above that benchmark.

Data Coverage and Limits

See which years are actually present before comparing wage and price records.

Wage observations span 35 years from 1990 through 2025 in this dataset. The series contains 36 reported values beginning at 51,711 USD PPP.

Price data availability varies significantly across the observed time horizon. Only 2024 currently provides complete category breakdowns for consumer price analysis.

Historical wage records extend back to 1990 with consistent annual reporting. This longitudinal coverage supports trend analysis across multiple decades of observation.

Wage observations
36
Wage coverage
1990-2025
Price categories · 2024
8 of 8
Price categories · 2023
0 of 8
Price categories · 2022
0 of 8

Frequently Asked Questions

What is the average annual wage in Australia?

The average annual wage in Australia is 72,018 USD PPP for 2025. This metric uses constant 2025 prices adjusted for purchasing power parity. It reflects the latest available observation in the dataset.

How has the average wage changed in Australia?

Average wages increased 1.1% over the past year but declined 1.44% over five years. The ten-year change shows a 2.23% gain since 2015. Long-term growth totals 39.27% from the 1990 baseline.

What are consumer price levels like in Australia?

Consumer price levels for 2024 show overall consumption at 92.7 relative to the United States. Restaurants and accommodation exceed the benchmark by 15 points while clothing falls 30.5 points below. Price category values for 2022 and 2023 are unavailable.

Have wages in Australia fallen over the past five years?

Yes, wages have fallen 1.44% over the five-year period ending in 2025. The current level also sits 2.51% below the 2021 peak value. Despite this recent decline, the ten-year trend remains positive.

Wage data

OECD Average Annual Wages

Price data

OECD Comparative Price Levels

Reported coverage

Wages through 2025 · Prices through 2024

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