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Costa Rica

PPP-adjusted average annual wage

$44,431 2024

Costa Rica reports a 2024 average annual wage of 44430.678 USD PPP in constant 2025 prices. Consumer price data for 2024 shows an overall index of 61.3 against the United States benchmark. Wage and price datasets remain separate observations that must not be combined into a single composite score for analysis.

1-Year Change

0.0%

vs 2023

5-Year Change

+4.9%

vs 2019

Overall Price Level

61.3

2024 · United States = 100

Wage data: 2024 · Price data: 2024

Wage History

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

PPP-adjusted annual wage (USD)

Costa Rica
$35,000$40,000$45,000$50,000201420162018202020222024

USD PPP, constant 2025 prices

Wage Key Facts

Latest Wage

$44,431

Latest Year

2024

1-Year Change

0.0%

5-Year Change

+4.9%

10-Year Change

+21.9%

Historical Peak

$46,398

Peak Year

2020

Change From Peak

−4.2%

What the Wage Trend Shows

The latest reported average annual wage reached 44430.678 USD PPP in 2024. This figure represents the most current observation available within the dataset for Costa Rica.

Long-term growth totaled 97.56 percent from the 1991 starting point to the present. The historical peak occurred in 2020 at 46398.019 USD PPP before declining slightly.

Consumer Price Levels

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

Year
OverallOverall61.3
FoodFood107
ClothingClothing78.4
HousingHousing30.5
HealthHealth67
TransportTransport86.3
RecreationRecreation79.2
Restaurants & AccommodationRestaurants73.8

United States = 100

What Prices Look Like

Highest: Food

Food has the highest relative price level among the available categories, at 107 (United States = 100).

Lowest: Housing

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

Overall vs United States

The overall price level is 61.3, below the United States benchmark (−38.7 index points).

Wage and Price Snapshot

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

Overall consumption prices stood at 61.3 in 2024, creating a -38.7 gap from the United States. Food was the sole category exceeding the benchmark with a value of 107.

Housing costs registered at 30.5, marking a substantial -69.5 difference from the United States. Transport prices reached 86.3, sitting 13.7 points below the reference level.

Health services measured 67 against the benchmark, indicating a -33 gap for Costa Rica. Recreation and restaurants also trailed the United States by 20.8 and 26.2 points respectively.

Latest wage recordWage year 2024
$44,431
Price category coveragePrice year 2024
8 of 8
Relative to United States7 below, 0 at 100
1 above

Compare Costa Rica

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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 33 years from 1991 through 2024 in the current dataset. This temporal coverage includes 34 distinct reported values for analytical purposes.

The earliest recorded wage value was 22489.713 USD PPP in 1991. Subsequent measurements track changes through to the latest 2024 observation of 44430.678.

Continuous reporting provides a multi-decade view of average annual wage movements. Each yearly entry serves as an independent data point without interpolation between periods.

Wage observations
34
Wage coverage
1991-2024
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 Costa Rica?

The average annual wage in Costa Rica was 44430.678 USD PPP in 2024. This measurement 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 Costa Rica?

Average wages increased by 21.87 percent over the ten years preceding 2024. A longer view shows 97.56 percent growth since 1991. However, the 2024 level remains 4.24 percent below the 2020 historical peak.

What are consumer price levels like in Costa Rica?

Consumer price levels for 2024 show an overall index of 61.3 relative to the United States. Food was the only category above the benchmark at 107. Housing showed the largest gap at -69.5 points below the United States.

Have wages in Costa Rica grown over the long term?

Yes, long-term wage growth reached 97.56 percent between 1991 and 2024. Despite this expansion, the current level sits below the historical maximum. The 2020 peak of 46398.019 USD PPP exceeds the 2024 value.

Wage data

OECD Average Annual Wages

Price data

OECD Comparative Price Levels

Reported coverage

Wages through 2024 · Prices through 2024

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