Canada
Data verified August 2026 · Sources
For Canada, the PPP-adjusted wage is $67,901 (2025), −0.8% below its 2021 peak, and a consumer price index of 86.
Canada at a Glance
1Y Change
+0.2%
5Y Change
−0.3%
10Y Change
+5.0%
Historical Peak
$68,434 2021
Change From Peak
−0.8%
Overall Price Level
86
Canada’s Wage Story
Follow how PPP-adjusted average annual wages have changed in Canada using constant-price OECD data.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Ten Years Ago
$64,667 (2015)
Historical Peak
$68,434 2021
Latest Wage
$67,901 2025
Data Coverage
Wage history: 1990–2025
Reported observations: 36
Missing wage years: None
Latest price data: 2024 · 8 of 8 categories available
A Flat Recent Year Inside a Positive Decade
Reading Canada's horizons: +5.0% over a decade, −0.3% over five years, +0.2% in the latest year. The 2025 figure of $67,901 is 0.8% below the 2021 high of $68,434, so the series sits just off its peak after a broadly flat half-decade. The 2015 reading of $64,667 marks where the decade began, and most of the +5.0% ten-year gain was banked before 2021. The three horizons disagree in strength but not in story: a long climb, then a levelling that has lasted several years.
Reading the Horizons as One Picture
For Canada, the right way to read these figures is as one connected picture. Canada is a high-wage OECD economy where provincial institutions and local living costs matter greatly to how the national average behaves. The +0.2% one-year reading and the +5.0% ten-year reading belong in the same frame: a long rise that has lately levelled off, with the −0.3% five-year change showing the levelling is measurable rather than imagined.
Below the U.S. Price Reference
Canada's 2024 overall price level is 86 on the scale where the United States equals 100. Because this is an index standing rather than a spending figure or an inflation rate, it adds a second dimension beside the wage profile without overlapping it. Canada's wage series, separately, begins in 1990 and contains 36 reported years. Gaps in that record are shown as gaps, never filled by estimation.
Canada’s Everyday Price Profile
Compare eight consumer price categories in Canada with the United States reference value of 100.
Overall
Food
Clothing
Housing
Health
Transport
Recreation
Restaurants & Accommodation
What Stands Out
Highest: Clothing
Clothing has the highest relative price level of the 8 reported categories in 2024, at 118 against the United States reference of 100. That is +18.0 index points from the benchmark and 10.0 points ahead of the next category, Food at 108.
Lowest: Health
Health is the lowest of the reported categories in 2024 at 62.2, −37.8 index points against the United States benchmark of 100. The spread between the highest and lowest reported categories is 55.8 index points, which shows how uneven the 2024 price profile is across categories.
Overall vs United States
The overall price level for 2024 is 86, below the United States benchmark (−14.0 index points). Looking across the profile, of the 8 reported categories, 3 read above 100 and 5 below it, so the overall figure summarizes a spread of category positions rather than a uniform level.
Compare Canada
Choose another OECD economy to compare wages, historical changes and all eight consumer price categories.
Frequently Asked Questions About Canada
What is the average annual wage in Canada?
The average wage in Canada is $67,901 (2025). It remains −0.8% below the 2021 peak.
How has the average wage changed in Canada?
The decade-long change for Canada is +5.0%, against −0.3% over five and +0.2% over one. The current level is −0.8% off the 2021 peak. Every change is against its precise year on record.
What are consumer price levels like in Canada?
Canada's overall consumer price index is 86 for 2024, below the US at 100. That is a relative index standing, not a dollar amount or inflation rate.
How far is Canada's wage from its peak?
At $67,901 for 2025, Canada is −0.8% below the 2021 peak of $68,434; the most recent year changed +0.2%.