🇲🇽 North America

Mexico

Salary, tax, minimum wage and employer cost data.

CurrencyMXN (MX$)
VAT16%
Fiscal yearJan-Dec
Pay cycleBiweekly
Employee rate7.0%
Employer rate15.0%

Minimum wage in Mexico

Monthly grossMX$ 7,468
Monthly net (est.)MX$ 6,721
Hourly grossMX$ 374.89
Annual grossMX$ 89,616
Annual net (est.)MX$ 80,652

Average salary

Gross annualMX$ 216,000
Net monthlyMX$ 14,400

Tax brackets

1.92% to 35% progressive across 11 brackets

Calculate salary in Mexico

Cities in Mexico

Mexico CityRent ~$700/mo72/100 Good

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