Mexico
Latest Average Wage
+8.9% · 5 years
$24,463
Country Comparison
Mexico vs Greece
Compare average wages, long-term wage changes and eight consumer price categories using OECD data.
At a Glance
Mexico
vs
Greece
$24,4632025
Latest Average Wage
Greece +32.5%
(vs Mexico)
$32,4122025
+8.9%2025
5-Year Wage Change
Mexico +9.2 pts
(vs Greece)
−0.3%2025
+9.7%2025
10-Year Wage Change
Mexico +15.7 pts
(vs Greece)
−6.0%2025
50.92024
Overall Price Level
Greece +3.8 index points
(vs Mexico)
54.72024
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
Greece
Latest Average Wage
−0.3% · 5 years
$32,412
Wage Milestones
Mexico
10 Years Ago
$22,304 (2015)
Historical Peak
$27,014 (1994)
Latest Wage
$24,463 (2025)
Greece
10 Years Ago
$34,495 (2015)
Historical Peak
$44,174 (2009)
Latest Wage
$32,412 (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
Mexico (MEX)Greece (GRC)
Overall
−3.8 index points
100
50.9vs54.7
Food
−2.8 index points
100
88.3vs91.1
Clothing
−8.9 index points
100
72vs80.9
Housing
+2.0 index points
100
42.7vs40.7
Health
+7.9 index points
100
46vs38.1
Transport
−12.8 index points
100
80.6vs93.4
Recreation
−3.2 index points
100
63.3vs66.5
Restaurants & Accommodation
−6.2 index points
100
65.1vs71.3
What Stands Out
01
Latest Wage Gap
Greece's latest average wage is $32,412 for 2025, about 32.5% higher than Mexico's $24,463 for 2025 — a relative difference calculated from the two reported values. That is roughly $7,949 a year on the same PPP basis.
02
Stronger Recent Trend
On the latest one-year change, Mexico shows the stronger movement at +1.3%, against −0.3% for Greece. The five-year horizon keeps the same ordering: +8.9% against −0.3%. Both percentages are real, PPP-adjusted changes from the reported wage series.
03
Largest Price Gap
Transport shows the widest price gap of the comparable categories in 2024: 80.6 for Mexico against 93.4 for Greece. Measured on the US=100 scale, the two readings for this category are 12.8 index points apart, Greece above Mexico. Index points are not percentages; the two scales answer different questions.
04
Closest Price Category
The closest category is Housing: Mexico reads 42.7 and Greece 40.7 for 2024, just 2.0 index points apart on the US=100 scale. The next closest is Food at 2.8 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
A clear separation shows in the latest wage figures — Greece at $32,412 for 2025, and Mexico at $24,463 for 2025. The higher figure exceeds the lower one by 32.5% in relative terms — a percentage calculated from the two reported values — or roughly $7,949 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 Mexico recorded +9.7% against Greece's −6.0%, so the current levels were reached on visibly different long-term paths.
Wage Direction
The two wage series are moving in opposite directions — and the gap between them is narrowing as a result. Mexico is partway through a recovery: the latest year added +1.3%, though the level remains 9.4% below its peak. Greece continues to drift below its peak, with a one-year change of −0.3% and a five-year change of −0.3%. Because Mexico — the lower of the two latest wage levels — is the side currently gaining in real terms (+8.9% over five years against −0.3%), the distance between the two is shrinking on these measures rather than growing. All changes here are measured in real, PPP-adjusted terms, so they describe purchasing-power movement rather than nominal pay increases.
Price Profile
Mexico's overall consumer price level for 2024 reads 50.9, and Greece's reads 54.7, each measured against the United States reference of 100. Greece reads higher in 6 of the 8 comparable categories, so the price profile leans consistently to one side. The widest separation is in Transport: 80.6 for Mexico against 93.4 for Greece, a gap of 12.8 index points. At the other end, Housing brings the two closest — 42.7 versus 40.7, a gap of just 2.0 index points. Relative to the US benchmark, Mexico reads above 100 in 0 of its 8 reported categories, and Greece in 0 of its 8.
Wage and price data should not be combined into a verdict on which country is better to live in.
