✦ Compare countries
Canada vs Mexico
Compare cost of living, taxes, salaries and visas between Canada and Mexico.
| Canada | Mexico | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 122 | 64 |
| 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 | $54,000 | $12,000 |
| Life expectancy | 82 yr | 75 yr |
| Quality of life | ||
| LGBTQ+ acceptance | High | Moderate |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Canada cheaper than Mexico?
Mexico is about 47% cheaper than Canada overall — its cost-of-living index is 64 versus 122 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 $39,714 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.