Country Comparison

Italy vs Canada

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

At a Glance

Italy flagItaly

vs

CanadaCanada flag

$53,8642025

Latest Average Wage

Canada +26.1%

(vs Italy)

$67,9012025
+1.8%2025

5-Year Wage Change

Italy +2.1 pts

(vs Canada)

−0.3%2025
−3.9%2025

10-Year Wage Change

Canada +8.9 pts

(vs Italy)

+5.0%2025
64.12024

Overall Price Level

Canada +21.9 index points

(vs Italy)

862024

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.

$51k$56k$61k$65k$70k20152016201720182019202020212022202320242025

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

Italy flag

Italy

Latest Average Wage

+1.8% · 5 years

$53,864

Canada flag

Canada

Latest Average Wage

−0.3% · 5 years

$67,901

Wage Milestones

Italy flagItaly

10 Years Ago

$56,043 (2015)

Historical Peak

$57,790 (2010)

Latest Wage

$53,864 (2025)

1Y +1.2% · 5Y +1.8% · From Peak −6.8%

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%

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

Italy (ITA)Canada (CAN)

Overall

−21.9 index points

100
64.1vs86

Food

−21.3 index points

100
86.7vs108

Clothing

−22.7 index points

100
95.3vs118

Housing

−32.3 index points

100
50.8vs83.1

Health

−9.4 index points

100
52.8vs62.2

Transport

−3.1 index points

100
99.9vs103

Recreation

−17.6 index points

100
74.4vs92

Restaurants & Accommodation

−8.2 index points

100
89.4vs97.6

What Stands Out

01

Latest Wage Gap

Canada's latest average wage is $67,901 for 2025, about 26.1% higher than Italy's $53,864 for 2025 — a relative difference calculated from the two reported values. In annual terms the gap comes to about $14,036 on the same PPP basis.

02

Stronger Recent Trend

On the latest one-year change, Italy shows the stronger movement at +1.2%, against +0.2% for Canada. The five-year horizon keeps the same ordering: +1.8% against −0.3%. 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: 50.8 for Italy against 83.1 for Canada. Measured on the US=100 scale, the two readings for this category are 32.3 index points apart, Canada above Italy. Index points are not percentages; the two scales answer different questions.

04

Closest Price Category

The closest category is Transport: Italy reads 99.9 and Canada 103 for 2024, just 3.1 index points apart on the US=100 scale. The next closest is Restaurants & Accommodation at 8.2 index points apart. Closeness here describes the index readings only, not the baskets behind them.

Understanding the Comparison

Wage Position illustration

Wage Position

A clear separation shows in the latest wage figures — Canada at $67,901 for 2025, and Italy at $53,864 for 2025. The higher figure exceeds the lower one by 26.1% in relative terms — a percentage calculated from the two reported values — or roughly $14,036 a year. Because both values already sit on the same USD PPP, constant-2025-price footing, the comparison adjusts for price-level differences between the two economies. 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 Italy recorded −3.9% against Canada's +5.0%, so the current levels were reached on visibly different long-term paths.

Wage Direction illustration

Wage Direction

No single shared direction describes this pairing; each side follows its own recent path. Italy is partway through a recovery: the latest year added +1.2%, though the level remains 6.8% below its peak. Canada stands just below its historical high of $68,434 in 2021, only 0.8% away, with a ten-year change of +5.0%. With the five-year changes at +1.8% for Italy and −0.3% for Canada, 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

Italy's overall consumer price level for 2024 reads 64.1, and Canada's reads 86, each measured against the United States reference of 100. Canada reads higher in 8 of the 8 comparable categories, so the price profile leans consistently to one side. The widest separation is in Housing: 50.8 for Italy against 83.1 for Canada, a gap of 32.3 index points. At the other end, Transport brings the two closest — 99.9 versus 103, a gap of just 3.1 index points. Relative to the US benchmark, Italy reads above 100 in 0 of its 8 reported categories, and Canada in 3 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.