MXN
Mexico
Mexico's take-home pay is $21,240 PPP, the lowest of 37. And its average annual salary is $24,463 PPP, the lowest of 37.
Of 28 fields published for Mexico, these two sit furthest from the middle of the atlas.
Is it expensive, or does the pay keep up?
Price level
54 % of US prices
Average monthly salary
$938 PPP/mo
The average employee in Mexico earns about $938 a month before tax, measured in dollars adjusted for what they buy locally.
Average annual salary
$24,463 PPP
Money's value
33.10 %
100 saved in Mexico in 2000 buys what 33 buys today — 67 % of its purchasing power is gone.
What is left after the state takes its share?
Tax on pay
13.17 %
Of every $100 of gross pay at the average wage in Mexico, about $13 goes to income tax and employee social contributions.
Average monthly salary
$938 PPP/mo
The average employee in Mexico earns about $938 a month before tax, measured in dollars adjusted for what they buy locally.
Take-home pay
$21,240 PPP
The average job in Mexico pays about $21,240 a year (PPP) after income tax and the employee's social contributions.
Minimum wage
$599 PPP/mo
The law in Mexico sets the floor at about $599 a month, measured in dollars adjusted for what they buy locally.
What does borrowing actually cost here?
House price growth
3.24 %
Real house prices in Mexico rose 3.2 % over the past year — beyond general inflation.
Does money in the bank keep its value?
Savings vs inflation
-1.26 %
A bank account in Mexico loses about 1.3 pp of purchasing power a year — the deposit rate trails inflation.
Deposit rate
2.55 %
Inflation rate
3.81 %
At 3.8 % a year, prices double in about 19 years if it holds.
Median income
$8,381 PPP
the 2nd lowest of 42
Tax wedge
21.65 %
the 3rd lowest of 36
Currency
4.22 %
ranked 6th of 71
▼ 0.26 pp since 27 September 2026▼ 1.84 pp since 24 July 2026
Tax on pay
13.17 %
ranked 4th of 37
Public holidays
7 days
ranked 92nd of 104
Where Mexico sits, field by field
Each dot is Mexico’s position among every country that publishes that field. Sorted by distance from the middle, so what is unusual about the country comes first.
- Take-home pay$21,240 PPP37 of 37
- Average annual salary$24,463 PPP37 of 37
- Median income$8,381 PPP41 of 42
- Tax wedge21.65 %3 of 36
- Currency4.22 %6 of 71
- Tax on pay13.17 %4 of 37
- Public holidays7 days92 of 104
- Unemployment rate2.67 %16 of 124
- GDP growth0.56 %111 of 127
- Corporate tax30.00 %83 of 96
- Real policy rate2.69 %11 of 53
- Average monthly salary$938 PPP/mo75 of 93
- Top income tax35.00 %9 of 37
- Savings vs inflation-1.26 %53 of 70
- Median salary$775 PPP/mo59 of 79
- Deposit rate2.55 %48 of 70
- Bank spread6.24 %41 of 62
- House price growth3.24 %35 of 54
- Retirement age (women)65 years31 of 49
- Price level54 % of US prices78 of 125
- Government debt61.70 %74 of 125
- Retirement age (men)65 years21 of 49
- Debt per person$8,57069 of 124
- Money's value33.10 %64 of 116
- Minimum wage$599 PPP/mo49 of 90
- Inflation rate3.81 %61 of 126
- GDP per capita$13,88962 of 127
- Lending rate8.79 %34 of 67
- Cost of money
- Work & income
- Housing & living
- Macro
The money journey · average earner
Financially nearest · computed, not curated
Chile
avg gap 20.9 pp · 25 shared fields
Most separates them: public holidays — 7 days (Mexico) vs 16 days
Brazil
avg gap 21 pp · 23 shared fields
Most separates them: unemployment — 2.67 % (Mexico) vs 5.97 %
Moldova
avg gap 21.8 pp · 17 shared fields
Most separates them: corporate tax — 30.00 % (Mexico) vs 12.00 %
Peru
avg gap 22 pp · 19 shared fields
Most separates them: public holidays — 7 days (Mexico) vs 16 days
| GDP growth | 0.56 % | ranked 111th of 127 | |
| Corporate tax | 30.00 % | ranked 83rd of 96 | |
| Real policy rate | 2.69 % | ranked 11th of 53 | |
| Average monthly salary | $938 PPP/mo | ranked 75th of 93 | |
| Top income tax | 35.00 % | ranked 9th of 37 | |
| Savings vs inflation | -1.26 % | ranked 53rd of 70 | |
| Median salary | $775 PPP/mo | ranked 59th of 79 | |
| Deposit rate | 2.55 % | ranked 48th of 70 | |
| Bank spread | 6.24 % | ranked 41st of 62 | |
| House price growth | 3.24 % | ranked 35th of 54 | |
| Retirement age (women) | 65 years | ranked 31st of 49 | |
| Price level | 54 % of US prices | ranked 78th of 125 | |
| Government debt | 61.70 % | ranked 74th of 125 | |
| Retirement age (men) | 65 years | ranked 21st of 49 | |
| Debt per person | $8,570 | ranked 69th of 124 | |
| Money's value | 33.10 % | ranked 64th of 116 | |
| Minimum wage | $599 PPP/mo | ranked 49th of 90 | |
| Inflation rate | 3.81 % | ranked 61st of 126 | |
| GDP per capita | $13,889 | ranked 62nd of 127 | |
| Lending rate | 8.79 % | ranked 34th of 67 |
✓ 28 fields published for Mexico, every one dated and sourced · 7 not published yet
Awaiting an official source for Mexico: mortgage rate, house price growth since 2015, rent, petrol, electricity, minimum wage, vat.
Sources for all 28 figures
- Take-home pay — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- Average annual salary — OECD Average annual wages · 2025
- Median income — OECD Income Distribution Database · 2022
- Tax wedge — OECD Taxing Wages + OECD Tax Database · 2025
- Currency — Currency strength vs USD (own calculation from ECB reference-rate snapshots) · 2026-09-28
- Tax on pay — OECD Taxing Wages + OECD Tax Database · 2025
- Public holidays — Public holiday calendar (Nager.Date) · 2026
- Unemployment rate — World Bank open data (GDP growth, GDP/capita, unemployment, government debt) · 2025
- GDP growth — World Bank open data (GDP growth, GDP/capita, unemployment, government debt) · 2025
- Corporate tax — OECD Corporate Tax Statistics · 2026
- Real policy rate — Fiatmap derived metrics (own calculation from separately sourced components) · 2026-09
- Average monthly salary — ILO monthly earnings of employees (EAR_EMTA mean + EAR_EMTM median) · 2025
- Top income tax — OECD Personal Income Tax rates · 2025
- Savings vs inflation — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- Median salary — ILO monthly earnings of employees (EAR_EMTA mean + EAR_EMTM median) · 2025
- Deposit rate — IMF International Financial Statistics · 2025
- Bank spread — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- House price growth — BIS residential property prices · 2026-Q2
- Retirement age (women) — OECD Pensions at a Glance — current normal retirement age (DF_DPS, CRPLF22) · 2024
- Price level — World Bank PPP conversion factor ÷ official exchange rate (PA.NUS.PPP, PA.NUS.FCRF) · 2025
- Government debt — IMF World Economic Outlook (general government gross debt, % of GDP) · 2025
- Retirement age (men) — OECD Pensions at a Glance — current normal retirement age (DF_DPS, CRPLF22) · 2024
- Debt per person — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- Money's value — Fiatmap derived metrics (own calculation from separately sourced components) · 2025
- Minimum wage — ILO monthly earnings of employees (EAR_EMTA mean + EAR_EMTM median) · 2024
- Inflation rate — Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB) · 2025
- GDP per capita — World Bank open data (GDP growth, GDP/capita, unemployment, government debt) · 2025
- Lending rate — IMF International Financial Statistics · 2025
What changed
| 13 Oct 2026 | Government debt per person (USD) | 8584 → 8570 |
| 13 Oct 2026 | Government debt (% of GDP) | 61.8 → 61.7 |
| 29 Sept 2026 | Currency vs USD (1y) | 4.48 → 4.22 |
| 28 Sept 2026 | Currency vs USD (1y) | 4.6 → 4.48 |
| 27 Sept 2026 | Currency vs USD (1y) | 4.36 → 4.6 |
| 26 Sept 2026 | Currency vs USD (1y) | 5.34 → 4.36 |
| 25 Sept 2026 | Currency vs USD (1y) | 6.1 → 5.34 |
| 25 Sept 2026 | House price growth (real, y/y) | 4.3935 → 3.2417 |
| 24 Sept 2026 | Currency vs USD (1y) | 6.84 → 6.1 |
| 23 Sept 2026 | Currency vs USD (1y) | 6.97 → 6.84 |
| 22 Sept 2026 | Currency vs USD (1y) | 7.07 → 6.97 |
| 20 Sept 2026 | Currency vs USD (1y) | 6.08 → 7.07 |
| 19 Sept 2026 | Currency vs USD (1y) | 6.4 → 6.08 |
| 18 Sept 2026 | Currency vs USD (1y) | 6.95 → 6.4 |
| 17 Sept 2026 | Currency vs USD (1y) | 7.56 → 6.95 |
| 16 Sept 2026 | Currency vs USD (1y) | 8.92 → 7.56 |
| 15 Sept 2026 | Currency vs USD (1y) | 8.98 → 8.92 |
| 14 Sept 2026 | Currency vs USD (1y) | 8.95 → 8.98 |
| 13 Sept 2026 | Currency vs USD (1y) | 9.85 → 8.95 |
| 12 Sept 2026 | Currency vs USD (1y) | 10.23 → 9.85 |