This paper offers new quantitative evidence on living standards in Bourbon America through a pioneering study of both wages and heights. Wages were not low, nor were heights short, by the international standards of the period. The living standards of Spanish Americans thus compare favourably with those of other regions of the world, including Europe. As in many parts of the West, one can observe a trend towards the deterioration of real wages in Spanish America at the end of the period. Our findings suggest that the ‘Great Divergence’ in living standards between Spanish America and the developed Western countries might have taken place mainly after independence and that currently available GDP per capita estimates might be too low.