Country Comparison

Latvia vs United States

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

At a Glance

Latvia flagLatvia

vs

United StatesUnited States flag

$44,7092025

Latest Average Wage

United States +94.5%

(vs Latvia)

$86,9772025
+12.3%2025

5-Year Wage Change

Latvia +10.2 pts

(vs United States)

+2.1%2025
+38.8%2025

10-Year Wage Change

Latvia +25.9 pts

(vs United States)

+13.0%2025
52.22024

Overall Price Level

United States +47.8 index points

(vs Latvia)

1002024

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.

$28k$44k$60k$75k$91k20152016201720182019202020212022202320242025

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

Latvia flag

Latvia

Latest Average Wage

+12.3% · 5 years

$44,709

United States flag

United States

Latest Average Wage

+2.1% · 5 years

$86,977

Wage Milestones

Latvia flagLatvia

10 Years Ago

$32,207 (2015)

Historical Peak

$44,709 (2025)

Latest Wage

$44,709 (2025)

1Y +3.3% · 5Y +12.3% · At the historical peak

United States flagUnited States

10 Years Ago

$76,999 (2015)

Historical Peak

$86,977 (2025)

Latest Wage

$86,977 (2025)

1Y +1.7% · 5Y +2.1% · 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

Latvia (LVA)United States (USA)

Overall

−47.8 index points

100
52.2vs100

Food

−9.8 index points

100
90.2vs100

Clothing

−7.5 index points

100
92.5vs100

Housing

−68.9 index points

100
31.1vs100

Health

−69.0 index points

100
31vs100

Transport

−13.6 index points

100
86.4vs100

Recreation

−29.1 index points

100
70.9vs100

Restaurants & Accommodation

−24.6 index points

100
75.4vs100

What Stands Out

01

Latest Wage Gap

United States' latest average wage is $86,977 for 2025, about 94.5% higher than Latvia's $44,709 for 2025 — a relative difference calculated from the two reported values. That is roughly $42,268 a year on the same PPP basis.

02

Stronger Recent Trend

On the latest one-year change, Latvia shows the stronger movement at +3.3%, against +1.7% for United States. The five-year horizon keeps the same ordering: +12.3% against +2.1%. Both percentages are real, PPP-adjusted changes from the reported wage series.

03

Largest Price Gap

Health shows the widest price gap of the comparable categories in 2024: 31 for Latvia against 100 for United States. Measured on the US=100 scale, the two readings for this category are 69.0 index points apart, United States above Latvia. Index points are not percentages; the two scales answer different questions.

04

Closest Price Category

The closest category is Clothing: Latvia reads 92.5 and United States 100 for 2024, just 7.5 index points apart on the US=100 scale. The next closest is Food at 9.8 index points apart. Closeness here describes the index readings only, not the baskets behind them.

Understanding the Comparison

Wage Position illustration

Wage Position

Few pairings separate this cleanly — United States' latest average wage of $86,977 for 2025 stands well above Latvia's $44,709 for 2025. The higher figure exceeds the lower one by 94.5% in relative terms — a percentage calculated from the two reported values — or roughly $42,268 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.

Wage Direction illustration

Wage Direction

The five-year direction is shared here: both series rise, with different momentum on each side. 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%. United States sits at the highest point of its series — $86,977 in 2025 is also the historical peak, with a ten-year change of +13.0%. The shared direction still leaves room for different speeds: +12.3% for Latvia against +2.1% for United States, so the distance between the two levels keeps shifting. 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

Latvia's overall consumer price level for 2024 reads 52.2, and United States' reads 100, each measured against the United States reference of 100. United States reads higher in 8 of the 8 comparable categories, so the price profile leans consistently to one side. The widest separation is in Health: 31 for Latvia against 100 for United States, a gap of 69.0 index points. At the other end, Clothing brings the two closest — 92.5 versus 100, a gap of just 7.5 index points. Relative to the US benchmark, Latvia reads above 100 in 0 of its 8 reported categories, and United States in 0 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.