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SALARY PAYMENT IN Mexican Peso (MXN, $)
CONTRACT LANGUAGES Spanish / English
PAYROLL TAX 36.69% – 43.72%
PAYROLL CYCLE Bi-weekly
TIME TO HIRE 12 hours
Hire and pay talents
with Horizons in
180+ countries
Mexico
The average salary in Mexico is around $350,000 pesos yearly. When converted to USD, this is around $17,000 USD yearly.
In Mexico City the average yearly salary is around $500,000 pesos yearly. When converted to USD, this is around $25,000 USD yearly
Yes there are. States that border the US border usually have higher salaries. In addition, the capital city of Mexico City in Mexico will have a higher salary than the rest of the country. High tourist areas like Cancun will also have higher than the median salaries.
Mexico pays slightly higher average wages than its Central American counterparts to the south, like Guatemala and Belize. In comparison to the US north of Mexico, it becomes difficult to keep up.
Figures based on data from Paylab.
Tech workers earn around $480,000 pesos yearly in Mexico.
Engineers earn around $420,000 pesos yearly in Mexico
Salespeople salary can vary greatly in Mexico. However, the average is around 300,000 pesos yearly.
If you have inquiries about the average salary for your industry in Mexico then you should contact Horizons for a free consultation.
Your business can easily hire employees in Mexico without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
If your budget is lower than the average salary in Mexico then it could be recommended to look for talent in its Central American counterparts like Guatemala or Belize where average salaries are lower. Or we can help you look for regions of Mexico in which the average salary is lower.
Anywhere outside of the capital city of Mexico City or outside of tourist areas, like Cancun, are going to have the lower salaries in Mexico,
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Americas
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Austin, Texas 78704
+1 (737) 265-6065
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71 Robinson Road #13-153
068895, Singapore
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
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