Czechia
Latest Average Wage
+3.0% · 5 years
$43,607
Country Comparison
Czechia vs Latvia
Compare average wages, long-term wage changes and eight consumer price categories using OECD data.
At a Glance
Czechia
vs
Latvia
$43,6072025
Latest Average Wage
Latvia +2.5%
(vs Czechia)
$44,7092025
+3.0%2025
5-Year Wage Change
Latvia +9.3 pts
(vs Czechia)
+12.3%2025
+22.2%2025
10-Year Wage Change
Latvia +16.6 pts
(vs Czechia)
+38.8%2025
52.92024
Overall Price Level
Czechia +0.7 index points
(vs Latvia)
52.22024
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.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Latvia
Latest Average Wage
+12.3% · 5 years
$44,709
Wage Milestones
Czechia
10 Years Ago
$35,686 (2015)
Historical Peak
$43,607 (2025)
Latest Wage
$43,607 (2025)
Latvia
10 Years Ago
$32,207 (2015)
Historical Peak
$44,709 (2025)
Latest Wage
$44,709 (2025)
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
Czechia (CZE)Latvia (LVA)
Overall
+0.7 index points
100
52.9vs52.2
Food
−15.0 index points
100
75.2vs90.2
Clothing
−8.0 index points
100
84.5vs92.5
Housing
+27.0 index points
100
58.1vs31.1
Health
−5.7 index points
100
25.3vs31
Transport
+0.1 index points
100
86.5vs86.4
Recreation
−5.9 index points
100
65vs70.9
Restaurants & Accommodation
−14.9 index points
100
60.5vs75.4
What Stands Out
01
Latest Wage Gap
Latvia's latest average wage is $44,709 for 2025, about 2.5% higher than Czechia's $43,607 for 2025 — computed straight from the two reported values. That is roughly $1,102 a year on the same PPP basis.
02
Stronger Recent Trend
On the latest one-year change, Czechia shows the stronger movement at +3.9%, against +3.3% for Latvia. The five-year horizon reverses the ordering — Czechia at +3.0% and Latvia at +12.3% — 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
Housing shows the widest price gap of the comparable categories in 2024: 58.1 for Czechia against 31.1 for Latvia. Czechia sits on the higher side of that 27.0-point spread; Latvia reads 27.0 index points lower on the US=100 scale. The gap is stated in index points, which are not interchangeable with percentages.
04
Closest Price Category
The closest category is Transport: Czechia reads 86.5 and Latvia 86.4 for 2024 — effectively the same relative price level on the US=100 scale. The next closest is Overall at 0.7 index points apart. Two readings this close mean the category sits at nearly the same point of the US=100 scale for both.
Understanding the Comparison
Wage Position
Czechia and Latvia report nearly the same PPP-adjusted average annual wage: $44,709 for 2025, against $43,607 for 2025. The difference is 2.5% in relative terms — a percentage calculated from the two reported values — or roughly $1,102 a year, which is small next to either figure. Both figures are expressed in USD PPP at constant 2025 prices, so they can be set side by side without any further conversion. Over ten years Czechia recorded +22.2% and Latvia +38.8%, so the two series have been moving in the same long-term direction. For most side-by-side readings the two wage levels can be treated as equivalent within this dataset.
Wage Direction
Both wage series rise over the five-year horizon, though not at the same pace. Czechia sits at the highest point of its series — $43,607 in 2025 is also the historical peak, with a ten-year change of +22.2%. Latvia sits at the highest point of its series — $44,709 in 2025 is also the historical peak, with a ten-year change of +38.8%. Latvia's five-year change of +12.3% outpaces Czechia's +3.0% in magnitude, so the common direction does not mean the two levels are holding a fixed distance. Each percentage is a real, PPP-adjusted change; nominal pay movements are outside what this dataset reports.
Price Profile
Czechia's overall consumer price level for 2024 reads 52.9, and Latvia's reads 52.2, each measured against the United States reference of 100. Neither country is uniformly higher: Czechia leads in 2 of the 8 comparable categories and Latvia in 5, so the profile splits by category rather than by country. Housing separates the two most: Czechia reads 58.1 and Latvia 31.1, 27.0 index points apart. The two sit closest in Transport (86.5 versus 86.4), only 0.1 index points apart. Counted against the US reference of 100, 0 of Czechia's 8 reported categories sit above the line, against 0 of Latvia's 8.
Wage and price data should not be combined into a verdict on which country is better to live in.
