USD to EUR purchasing power parity

Dollar-to-euro purchasing power parity on OECD data. The euro has no single PPP rate — it differs by country, and this page lists every euro-area rate.

Every euro-area PPP rate against the dollar

Euros per US dollar of purchasing power, OECD 2024. The same euro buys about 1.8× as much in Croatia as in Ireland.

Country EUR per USD (PPP) $1,000 buys
Croatia 0.508 €508
Lithuania 0.544 €544
Latvia 0.545 €545
Slovak Republic 0.564 €564
Greece 0.573 €573
Portugal 0.579 €579
Slovenia 0.601 €601
Spain 0.606 €606
Malta 0.610 €610
Cyprus 0.618 €618
Italy 0.650 €650
Estonia 0.666 €666
Germany 0.724 €724
France 0.741 €741
Austria 0.752 €752
Netherlands 0.773 €773
Belgium 0.776 €776
Finland 0.823 €823
Luxembourg 0.885 €885
Ireland 0.920 €920

There is no single dollar-to-euro PPP rate, and any site that quotes one is quietly picking a country for you. Purchasing power parity is measured against a national consumption basket, and prices inside the euro area differ enough that the same euro buys substantially different amounts depending on where it is spent.

That is the most useful thing this page can tell you: pick the country you actually mean. Converting a salary offer from New York to Lisbon and converting it to Dublin give very different answers, even though both are quoted in euros.

How the conversion works

amount in B = (amount in A ÷ PPP rate of A) × PPP rate of B

A PPP rate is the units of local currency that buy what one US dollar buys in the United States, so the US rate is 1 by construction and any pair runs through it. Use the full calculator to convert an arbitrary amount across all 43 countries at once.

Frequently asked questions

Why is there no single USD to EUR purchasing power parity rate? ▾

Because PPP is calculated against a national basket of goods and services, not against a currency. Twenty countries share the euro but have different price levels, so each has its own PPP rate against the dollar. A single euro figure would be an average that matches no actual country.

Which euro country's rate should I use? ▾

The one where the money will actually be spent. If you are comparing a job offer, use the country you would live in. If you are comparing national statistics, use the country the figure refers to. Using an unweighted euro-area average will misstate both.

Other pairs

  • USD to JPY — the gap between Japan's PPP rate and the market rate, and what it means
  • USD to GBP — dollar and pound compared at purchasing power rather than the market rate
  • USD to CHF — why Swiss salaries look larger at the market rate than at PPP
  • USD to CAD — the US–Canada comparison at purchasing power, not the market rate
  • USD to NOK — Norwegian prices and pay compared at purchasing power parity
  • Average Salary Explorer — OECD average wages in nominal, real and PPP-converted terms.