✦ Compare countries
Canada vs Mexico
Mexico is {pct} {word} than Canada. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Mexico to match Canada.
Canada vs Mexico at a glance — Mexico is 48% cheaper than Canada overall. Average net salary: $700/mo vs $3,300/mo. Top income tax: 35% vs 33%.
| Canada | Mexico | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 114 | 59 |
| Taxes | ||
| Income tax (top rate) | 33% | 35% |
| VAT / sales tax | 5% | 16% |
| Corporate tax | 26.5% | 30% |
| Economy & salaries | ||
| Avg net salary | $3,300/mo | $700/mo |
| Minimum wage | $1,900/mo | $420/mo |
| GDP per capita | $55,698✓ | $13,889✓ |
| Inflation (annual) | 2.1%✓ | 3.8%✓ |
| Life expectancy | 82 yr✓ | 75 yr✓ |
| Quality of life | ||
| LGBTQ+ acceptance | High | Moderate |
| Digital-nomad visa | Yes | Yes |
✓ = official statistics (World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
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? Frequently asked questions
Is Canada cheaper than Mexico?
Mexico is about 48% cheaper than Canada overall — its cost-of-living index is 59 versus 114 for Canada.
How much do you need to earn in Mexico to live like in Canada?
To keep the same standard of living, a $75,000 salary in Canada is worth about $38,699 in Mexico. Enter your own figure in the calculator above.
Which has lower taxes, Canada or Mexico?
Canada has the lower top income-tax rate — 33% versus 35% in Mexico.