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Canada

PPP-adjusted average annual wage

$67,901 2025

Canada reports a 2025 average annual wage of 67,900.60 USD PPP measured in constant prices. Price indices for 2024 indicate food and clothing costs exceed the United States benchmark while housing remains lower. These wage and price statistics function as independent datasets requiring separate interpretation.

1-Year Change

+0.2%

vs 2024

5-Year Change

−0.3%

vs 2020

Overall Price Level

86

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)

Canada
$62,000$64,000$66,000$68,000$70,000201520172019202120232025

USD PPP, constant 2025 prices

Wage Key Facts

Latest Wage

$67,901

Latest Year

2025

1-Year Change

+0.2%

5-Year Change

−0.3%

10-Year Change

+5.0%

Historical Peak

$68,434

Peak Year

2021

Change From Peak

−0.8%

What the Wage Trend Shows

The 2025 average annual wage stands at 67,900.60 USD PPP in constant prices. Current earnings sit 0.78 percent below the historical peak established in 2021.

A marginal 0.2 percent increase occurred between 2024 and 2025. The five-year change from 2020 shows a slight contraction of 0.27 percent.

Consumer Price Levels

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

Year
OverallOverall86
FoodFood108
ClothingClothing118
HousingHousing83.1
HealthHealth62.2
TransportTransport103
RecreationRecreation92
Restaurants & AccommodationRestaurants97.6

United States = 100

What Prices Look Like

Highest: Clothing

Clothing has the highest relative price level among the available categories, at 118 (United States = 100).

Lowest: Health

Health is the lowest at 62.2, −37.8 index points against the United States benchmark.

Overall vs United States

The overall price level is 86, below the United States benchmark (−14.0 index points).

Wage and Price Snapshot

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

Overall consumption prices reached 86 in 2024, falling 14 points below the United States. Clothing costs notably exceeded the benchmark with an index of 118.

Food prices stood at 108, placing this category 8 points above the United States level. Health services were significantly lower at 62.2 on the relative index.

Housing costs registered 83.1, which is 16.9 points beneath the United States benchmark. Transport prices slightly exceeded the baseline with a value of 103.

Latest wage recordWage year 2025
$67,901
Price category coveragePrice year 2024
8 of 8
Relative to United States5 below, 0 at 100
3 above

Compare Canada

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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.

Reported wage observations cover a 35-year span beginning in 1990. The complete series contains 36 individual data points through 2025.

First recorded wages in 1990 measured 49,252.33 USD PPP in constant prices. Latest figures for 2025 show earnings at 67,900.60 USD PPP.

Price category coverage is inconsistent across the available time horizon. Full breakdowns for all eight sectors are currently limited to 2024.

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 Canada?

The average annual wage in Canada was 67,900.60 USD PPP in 2025. This figure uses constant 2025 prices adjusted for purchasing power parity.

How has the average wage changed in Canada?

Wages grew 5 percent over the decade spanning 2015 to 2025. The most recent one-year change from 2024 was a modest 0.2 percent increase.

What are consumer price levels like in Canada?

In 2024, overall Canadian consumer prices were 14 points below the United States. Specific categories like clothing and food exceeded the benchmark while housing cost less.

Is the average wage in Canada close to its historical peak?

Current wages are 0.78 percent below the 2021 historical peak of 68,433.65 USD PPP. The 2025 value has not yet surpassed that previous high.

Wage data

OECD Average Annual Wages

Price data

OECD Comparative Price Levels

Reported coverage

Wages through 2025 · Prices through 2024

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