Israel
Latest Average Wage
+5.8% · 5 years
$57,426
Country Comparison
Compare average wages, long-term wage changes and eight consumer price categories using OECD data.
Israel
vs
Australia
Latest Average Wage
Australia +25.4%
(vs Israel)
5-Year Wage Change
Israel +7.3 pts
(vs Australia)
10-Year Wage Change
Israel +17.6 pts
(vs Australia)
Overall Price Level
Israel +0.4 index points
(vs Australia)
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.
Follow PPP-adjusted average annual wages in constant prices across both economies.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Israel
Latest Average Wage
+5.8% · 5 years
$57,426
Australia
Latest Average Wage
−1.4% · 5 years
$72,018
Israel
10 Years Ago
$47,933 (2015)
Historical Peak
$57,426 (2025)
Latest Wage
$57,426 (2025)
Australia
10 Years Ago
$70,450 (2015)
Historical Peak
$73,870 (2021)
Latest Wage
$72,018 (2025)
See how eight consumer price categories compare with the United States reference value of 100.
United States = 100 · Differences shown in index points
Overall
+0.4 index points
Food
+23.0 index points
Clothing
+36.5 index points
Housing
+2.1 index points
Health
−3.6 index points
Transport
+9.7 index points
Recreation
+4.0 index points
Restaurants & Accommodation
+15.0 index points
Latest Wage Gap
Australia's latest average wage is $72,018 for 2025, about 25.4% higher than Israel's $57,426 for 2025 — computed straight from the two reported values. That is roughly $14,593 a year on the same PPP basis.
Stronger Recent Trend
On the latest one-year change, Australia shows the stronger movement at +1.1%, against +0.5% for Israel. The five-year horizon reverses the ordering — Israel at +5.8% and Australia at −1.4% — so the latest year is not the whole story. Both percentages are real, PPP-adjusted changes from the reported wage series.
Largest Price Gap
Clothing shows the widest price gap of the comparable categories in 2024: 106 for Israel against 69.5 for Australia. Israel sits on the higher side of that 36.5-point spread; Australia reads 36.5 index points lower on the US=100 scale. The gap is stated in index points, which are not interchangeable with percentages.
Closest Price Category
The closest category is Overall: Israel reads 93.1 and Australia 92.7 for 2024 — effectively the same relative price level on the US=100 scale. The next closest is Housing at 2.1 index points apart. A gap this small leaves the category effectively tied on the shared US=100 scale.

Australia holds a clear wage lead in this pairing: $72,018 for 2025, against Israel's $57,426 for 2025. The higher figure exceeds the lower one by 25.4% in relative terms — a percentage calculated from the two reported values — or roughly $14,593 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 Israel recorded +19.8% and Australia +2.2%, so the two series have been moving in the same long-term direction.

Opposite directions define this pairing, and they pull the two wage levels closer together. Israel sits at the highest point of its series — $57,426 in 2025 is also the historical peak, with a ten-year change of +19.8%. Australia shows no single direction across horizons: +1.1% over one year against −1.4% over five. The side gaining in real terms is Israel, the lower of the two latest wage levels (+5.8% over five years against −1.4%), so on these measures the two are closing in rather than drifting apart. Each percentage is a real, PPP-adjusted change; nominal pay movements are outside what this dataset reports.

Israel's overall consumer price level for 2024 reads 93.1, and Australia's reads 92.7, each measured against the United States reference of 100. One side of this pairing dominates the price profile: Israel sits higher in 6 of the 8 comparable categories. Clothing separates the two most: Israel reads 106 and Australia 69.5, 36.5 index points apart. The two sit closest in Overall (93.1 versus 92.7), only 0.4 index points apart. Counted against the US reference of 100, 4 of Israel's 8 reported categories sit above the line, against 2 of Australia's 8. These are index values for 2024, not currency amounts; categories without a reported value on either side are left out of the comparison.
Wage and price data should not be combined into a verdict on which country is better to live in.