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Chile

PPP-adjusted average annual wage

$40,626 2023

1-Year Change

+1.3%

vs 2022

5-Year Change

+6.1%

vs 2018

Overall Price Level

42.9

2024 · United States = 100

Chile's latest PPP-adjusted average wage is $40,626 for 2023. Follow the reported wage history, inspect eight consumer price categories for 2024, and open direct country comparisons without blending the two datasets or filling unavailable years. The page keeps the two measurement bases explicit.

Wage data: 2023 · Price data: 2024

Wage History

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

PPP-adjusted annual wage (USD)

Chile
$36,000$38,000$40,000$42,000$44,000$46,000$48,000201320152017201920212023

USD PPP, constant 2025 prices

Wage Key Facts

Latest Wage

$40,626

Latest Year

2023

1-Year Change

+1.3%

5-Year Change

+6.1%

10-Year Change

−6.1%

Historical Peak

$45,670

Peak Year

2016

Change From Peak

−11.1%

What the Wage Trend Shows

Chile's national wage floor and company-level bargaining provide useful context for the series. The record begins from a lower base and still shows a wide distribution of earnings.

Long-term convergence is more informative than a claim about a typical worker. Recent developments should keep sectoral variation visible rather than treating mining pay as national pay.

Consumer Price Levels

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

Year
OverallOverall42.9
FoodFood84.8
ClothingClothing77.5
HousingHousing29.6
HealthHealth25.8
TransportTransport66.8
RecreationRecreation60.7
Restaurants & AccommodationRestaurants61.1

United States = 100

What Prices Look Like

Highest: Food

Food has the highest relative price level among the available categories, at 84.8 (United States = 100).

Lowest: Health

Health is the lowest at 25.8, −74.2 index points against the United States benchmark.

Overall vs United States

The overall price level is 42.9, below the United States benchmark (−57.1 index points).

Wage and Price Snapshot

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

The latest available PPP-adjusted average wage for Chile is $40,626 for 2023. Its one-year change is +1.3%, while the ten-year change is −6.1%.

All eight consumer price categories have a reported value for 2024. 0 reported categories are above the United States benchmark, 8 are below it, and 0 are at 100.

The wage observation is from 2023, while the selected consumer price view is for 2024. They remain separate records on this page and are not combined into a same-year score.

Latest wage recordWage year 2023
$40,626
Price category coveragePrice year 2024
8 of 8
Relative to United States8 below, 0 at 100
0 above

Compare Chile

See how Chile's wages and price levels compare with other OECD economies.

Chile's latest PPP-adjusted average wage is $40,626 for 2023. Follow the reported wage history, inspect eight consumer price categories for 2024, and open direct country comparisons without blending the two datasets or filling unavailable years. The page keeps the two measurement bases explicit.

1-Year Change

+1.3%

vs 2022

5-Year Change

+6.1%

vs 2018

Overall Price Level

42.9

2024 · United States = 100

Wage data: 2023 · Price data: 2024

Open custom comparison

Similar Economies

Frequently Asked Questions

What is the average annual wage in Chile?

The most recent figure is $40,626 for 2023, expressed in USD PPP at constant 2025 prices. That basis adjusts for price level differences between economies, so it is not a local-currency salary. The year remains visible because wage and consumer price records do not necessarily cover the same period.

How has the average wage changed in Chile?

After falling away from its peak, it turned back up by +1.3% in the latest year. It still sits 11.1% from the high of 2016. These changes describe the reported wage series only and should be read with the years shown on the chart.

What are consumer price levels like in Chile?

Against the United States benchmark of 100, the overall level is 42.9. Food is the most expensive category at 84.8, and Health the least at 25.8. These are relative price indices for 2024, not prices in a local currency.

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

Not currently. It sits 11.1% below the 2016 peak of $45,670, and the latest year has not closed that gap. No broader conclusion is drawn beyond the reported series and benchmark values.

Wage data

OECD Average Annual Wages

Price data

OECD Comparative Price Levels

Reported coverage

Wages through 2023 · Prices through 2024

View SourcesOpen Glossary