10 Best Free Online Purchasing Power Parity Converter Websites

Here is a list of the best free online purchasing power parity converter websites. A Purchasing Power Parity (PPP) converter compares the currencies of two countries based on the relative price levels and purchasing power of each currency. It uses current exchange rates and price indices to determine the relative value of currencies in different countries. In other words. PPP converters make cross-country currency comparisons by adjusting for differences in the cost of living and inflation rates.

There are multiple use cases for a PPP converter. You use a PP converter to compare your current salary in different countries and determine how much money is needed to maintain a standard of living. It can also help in pricing strategies for businesses operating in global markets

This post covers 10 websites with online purchasing power parity (PPP) converters. These are simple converters where you can pick the source country, add salary/amount, and select a target country to get the comparison of purchasing power. Whether you are planning to move to a different country or want to expand your business, these converter tools can help you with your budgeting calculations.

My Favorite Online Purchasing Power Parity Converter

All these converters are similar in terms of functionality and, in most cases, design as well. I personally prefer PPPCalculator.pro because of its simple and neat interface and easy-to-remember URL.

You can check out our other lists of the best free Online Mortgage Overpayment Calculator Websites, Online Payback Period Calculator Websites, and EPF Retirement Calculator Websites.

Comparison Table:

Name	PPP Conversion	PPP Calculation
PPPCalculator.pro	✓	by Country
Sharemint.in	✓	by Country
CalculatorAdvice.com	✓	by Country
PPP-Calculator.com	✓	by Country
StartupToolchain.com	✓	by Country
MyMathTables.com	✓	by Cost
ChrisLRoss.com	✓	by Country
AdityaRajput.com	✓	by Country
PPPSalaryConverter.com	✓	by Country
SalaryConverter.nigelb.me	✓	by Country

PPPCalculator.pro

PPPCalculator.pro is a website that provides tools for calculating the return on investment (ROI) of pay-per-click (PPC) advertising campaigns, and more. It has a free online Purchasing Power Parity (PPP) Calculator. This calculator can help you compare the purchasing power of two currencies. This calculator uses current exchange rates and price indices to determine the relative value of currencies in different countries. All you have to do is select the source and target countries and enter the salary to get the conversion right away.

How to use this PPP converter?

Go to this website, a direct link is given below.
Select the source country and enter the salary in the local currency.
Then select the target country to get the PPP conversion.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

Sharemint.in

Sharemint.in is a website that provides various calculators related to the stock market, finance, investment, and more. This website offers a PPP Calculator to compare two currencies. The calculator covers 150+ countries around the world. You can simply choose the source country of choice and enter the salary in that local currency. Then you can simply pick the target country for the comparison. This isntnayly gives you the currcrny comparision of both contireis with exact value.

How to use this PPP converter?

Open this calculator in your browser using the link given below.
Set the source country and enter the salary in the local currency.
Then select the target country to get the PPP conversion output.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

CalculatorAdvice.com

CalculatorAdvice.com provides a variety of free online calculators for different purposes such as finance, math, health, and fitness. It has a Purchasing Power Parity Salary Converter that you can use to convert your salary from one currency to another using PPP. The calculator supports 150+ countries. You can pick the country where you are getting the salary and enter the salary amount. Then you can select the target country to get the purchasing power in that country.

How to use this PPP converter?

Follow the direct link provide below leading to this converter.
Select the source country and enter the salary in the local currency.
After that, select the target country to get the PPP conversion.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

PPP-Calculator.com

PPP-Calculator.com is a website that provides a tool for calculating Purchasing Power Parity (PPP). The PPP Calculator uses current exchange rates and price indices to determine the relative value of currencies in different countries. By entering the price, this calculator generates PP-adjusted exchange rates and purchasing power values for accurate comparisons. You can use this calculator to find how much money you need to live a similar quality of life in the target country as you would live with your current salary. Do note that the country list in this calculator is not accurately sorted alphabetically. So you might have to search by letters to easily find the country you want to select.

How to use this PPP converter?

Open this converter directly using the direct link given below.
Select the source country and enter the salary in the local currency of the source country.
Then select the target country to get the PPP conversion.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

StartupToolchain.com

StartupToolchain.com offers a range of tools that can be used for different purposes, such as marketing, design, development, and project management. It offers a PPP converter tool that you can use to compare your purchasing power in a different country. The calculator is simple and comes with three input sections; Source Country, Price, and Destination Country. Simply select the countries as per your calculations and enter the amount to get the purchasing power parity.

How to use this PPP converter?

Follow the direct link added below to open this converter.
Set your source country into the calculator and enter the amount.
Then set the destination country to get the PPP conversion.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

MyMathTables.com

MyMathTables.com is a website that provides a variety of online calculators for different purposes such as math, health, finance, and science. This website offers a slightly different Purchasing Power Parity(PPP) Calculator. Instead of asking you to pick the countries, it asks for the price of goods in both countries. Then it uses that input as a ratio to calculate the purchasing power parity from country 1 to country 2.

How to use this PPP converter?

Go to this converter tool using the link added below.
Enter the cost of goods in country 1 and country 2.
Then click the calculate button to get purchasing power parity.

Highlights:

PPP Calculation: by countries.
Country Supported: N/A.

Home Page

ChrisLRoss.com

ChrisLRoss.com is a personal website that offers online calculators and converters. One of these converters is a Purchasing Power Parity converter. This converter can help you convert your salary from one currency to another using PPP. All you have to do is select your currency country as the source country and enter your salary. Then you can pick any country of choice as the target country and get to know your purchasing power in that country.

How to use this PPP converter?

Follow the direct link given below to access this converter.
Select the source country and enter the salary in the local currency.
Then select the target country to get the PPP conversion.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

AdityaRajput.com

AdityaRajput.com is another personal website that offers an Equivalent Salary Converter Using PPP. This tool helps you determine if you can purchase the same goods and services in any other country that you do in your current country with your current salary. The converter uses current exchange rates and price indices to determine the relative value of currencies in different countries. You can simply add your current country and salary into the tool and select a target country to get your purchasing power.

How to use this PPP converter?

Open this salary converter tool using the link given below.
Set your current country and enter your current salary in local currency.
After that, pick the target country to get the salary equivalent using PPP.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

PPPSalaryConverter.com

PPPCalculator.pro is a website that provides a tool for converting salaries from one currency to another using Purchasing Power Parity (PPP). This website basically uses a spreadsheet port to perform PPP conversion. The tool is quite simple to use. You can simply add your source country along with the salary amount. And then you can just pick the target country to get your purchasing power in that country.

Note: Consider disabling your ad-blockers if you are unable to add any input to this converter.

How to use this PPP converter?

Follow the link given below to open this tool in your browser.
Click on the Select Source Country section and use the dropdown to pick a country.
Then enter your amount in the Enter Source Amount section.
Again, use the same method to pick a target country to get the purchasing power output.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

SalaryConverter.nigelb.me

SalaryConverter.nigelb.me is another website that provides a tool for converting salaries from one currency to another. This tool uses the latest available data from The World Bank. It has a neat and user-friendly interface with two dropdowns for country selections and one for the amount. You can pick your source country and add the amount. Then you can choose the target country to compare the currencies and know your purchasing power in the selected target country.

How to use this PPP converter?

Use the direct link given below to open this converter.
Select the source country and enter the amount in the local currency.
Then select the target country to get the PPP conversion.

Highlights:

PPP Calculation: by countries.
Country Supported: 150+ countries.

Home Page

Frequently Asked Questions

What is purchasing power parity conversion?

Purchasing power parity conversion is a method that adjusts currency exchange rates to account for differences in price levels and purchasing power between countries. It allows for more accurate cross-country comparisons by considering the relative cost of goods and services in different economies.

What is the conversion factor of PPP in India?

The conversion factor of PPP in India was around 23.43 Indian Rupees per 1 international dollar, according to the World Bank's estimates for the year 2022. Please note that PPP conversion factors can vary over time and are subject to updates by relevant organizations.

What is purchasing power parity PPP formula?

The formula for Purchasing Power Parity (PPP) is: Exchange rate = (Price level in the domestic country) / (Price level in the foreign country). It equates the relative price levels of two countries to find an adjusted exchange rate that reflects the purchasing power of their currencies.

What is an example of purchasing power?

Purchasing power is the amount of goods and services that a unit of currency can buy. For example, if $1 can buy a loaf of bread in Country A and only half a loaf in Country B, then the purchasing power of the currency is higher in Country A. It helps to compare the relative affordability and standard of living between different countries or regions.

Why is purchasing power parity important?

Purchasing Power Parity (PPP) is important because it allows for more accurate comparisons of living standards and economic indicators between different countries, considering the relative cost of goods and services. It helps in understanding the real purchasing power of currencies and promotes fairer assessments of global economic conditions.

What are the different types of purchasing power parity?

The different types of Purchasing Power Parity (PPP) are Absolute PPP and Relative PPP.

What increases purchasing power?

Increasing purchasing power can be achieved by raising income levels and reducing the cost of goods and services, allowing individuals to afford more with their existing currency. Additionally, controlling inflation and maintaining price stability can also contribute to increased purchasing power.

Is having high PPP good or bad?

Having a high PPP (Purchasing Power Parity) is generally considered positive as it indicates a relatively lower cost of living and higher purchasing power for the currency in a country. It allows individuals to buy more goods and services with their money, leading to a higher standard of living and economic well-being.

What is another word for purchasing power?

Another word for purchasing power is "buying power." Both terms refer to the ability of an individual or entity to purchase goods and services with their available financial resources.

What does purchasing power depend on?

Purchasing power depends on factors such as income levels, price levels, inflation rate, exchange rates, cost of living, economic stability, government policies, interest rates, and global economic conditions. These factors collectively determine the ability of individuals or entities to buy goods and services with their available financial resources.

Web Applications