Country Comparison

Canada vs Switzerland

Compare average wages, long-term wage changes and eight consumer price categories using OECD data.

At a Glance

Canada flagCanada

vs

SwitzerlandSwitzerland flag

$67,9012025

Latest Average Wage

Switzerland +35.9%

(vs Canada)

$92,2852025
−0.3%2025

5-Year Wage Change

Switzerland +7.4 pts

(vs Canada)

+7.1%2025
+5.0%2025

10-Year Wage Change

Switzerland +0.8 pts

(vs Canada)

+5.8%2025
862024

Overall Price Level

Switzerland +33.0 index points

(vs Canada)

1192024

Wages are PPP-adjusted average annual wages; price levels use the United States reference of 100. Years shown are each country's latest reported observation.

How Wages Have Changed

Follow PPP-adjusted average annual wages in constant prices across both economies.

$61k$69k$78k$86k$95k20152016201720182019202020212022202320242025

USD PPP, constant prices · missing years shown as gaps, never interpolated

Canada flag

Canada

Latest Average Wage

−0.3% · 5 years

$67,901

Switzerland flag

Switzerland

Latest Average Wage

+7.1% · 5 years

$92,285

Wage Milestones

Canada flagCanada

10 Years Ago

$64,667 (2015)

Historical Peak

$68,434 (2021)

Latest Wage

$67,901 (2025)

1Y +0.2% · 5Y −0.3% · From Peak −0.8%

Switzerland flagSwitzerland

10 Years Ago

$87,262 (2015)

Historical Peak

$92,285 (2025)

Latest Wage

$92,285 (2025)

1Y +0.1% · 5Y +7.1% · At the historical peak

Compare Everyday Price Levels

See how eight consumer price categories compare with the United States reference value of 100.

United States = 100 · Differences shown in index points

Canada (CAN)Switzerland (CHE)

Overall

−33.0 index points

100
86vs119

Food

−29.0 index points

100
108vs137

Clothing

−5.0 index points

100
118vs123

Housing

−35.9 index points

100
83.1vs119

Health

−32.3 index points

100
62.2vs94.5

Transport

−31.0 index points

100
103vs134

Recreation

−44.0 index points

100
92vs136

Restaurants & Accommodation

−42.4 index points

100
97.6vs140

What Stands Out

01

Latest Wage Gap

Switzerland's latest average wage is $92,285 for 2025, about 35.9% higher than Canada's $67,901 for 2025 — computed straight from the two reported values. That is roughly $24,384 a year on the same PPP basis.

02

Stronger Recent Trend

On the latest one-year change, Canada shows the stronger movement at +0.2%, against +0.1% for Switzerland. The five-year horizon reverses the ordering — Canada at −0.3% and Switzerland at +7.1% — so the latest year is not the whole story. Both percentages are real, PPP-adjusted changes from the reported wage series.

03

Largest Price Gap

Recreation shows the widest price gap of the comparable categories in 2024: 92 for Canada against 136 for Switzerland. Switzerland sits on the higher side of that 44.0-point spread; Canada reads 44.0 index points lower on the US=100 scale. Index points are not percentages; the two scales answer different questions.

04

Closest Price Category

The closest category is Clothing: Canada reads 118 and Switzerland 123 for 2024, just 5.0 index points apart on the US=100 scale. The next closest is Food at 29.0 index points apart. A gap this small leaves the category effectively tied on the shared US=100 scale.

Understanding the Comparison

Wage Position illustration

Wage Position

A clear separation shows in the latest wage figures — Switzerland at $92,285 for 2025, and Canada at $67,901 for 2025. The higher figure exceeds the lower one by 35.9% in relative terms — a percentage calculated from the two reported values — or roughly $24,384 a year. Both figures are expressed in USD PPP at constant 2025 prices, so they can be set side by side without any further conversion. For scale, neither series has moved by that much within any single reported year, so the gap is structural rather than the product of one unusual observation. Over ten years Canada recorded +5.0% and Switzerland +5.8%, so the two series have been moving in the same long-term direction.

Wage Direction illustration

Wage Direction

No single shared direction describes this pairing; each side follows its own recent path. Canada stands just below its historical high of $68,434 in 2021, only 0.8% away, with a ten-year change of +5.0%. Switzerland sits at the highest point of its series — $92,285 in 2025 is also the historical peak, with a ten-year change of +5.8%. With the five-year changes at −0.3% for Canada and +7.1% for Switzerland, the horizons are clearer when read side by side rather than folded into one trend statement. All changes here are measured in real, PPP-adjusted terms, so they describe purchasing-power movement rather than nominal pay increases.

Price Profile illustration

Price Profile

Canada's overall consumer price level for 2024 reads 86, and Switzerland's reads 119, each measured against the United States reference of 100. Switzerland reads higher in 8 of the 8 comparable categories, so the price profile leans consistently to one side. The widest separation is in Recreation: 92 for Canada against 136 for Switzerland, a gap of 44.0 index points. At the other end, Clothing brings the two closest — 118 versus 123, a gap of just 5.0 index points. Relative to the US benchmark, Canada reads above 100 in 3 of its 8 reported categories, and Switzerland in 7 of its 8.

Wage and price data should not be combined into a verdict on which country is better to live in.

Average wages are PPP-adjusted and expressed in constant prices. Consumer price levels use the United States as the reference value of 100.