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Colombia vs Mexico
Mexico is {pct} {word} than Colombia. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Mexico to match Colombia.
Colombia vs Mexico at a glance — Mexico is 19% more expensive than Colombia overall. Average net salary: $700/mo vs $450/mo. Top income tax: 35% vs 39%.
| Colombia | Mexico | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 49 | 59 |
| Taxes | ||
| Income tax (top rate) | 39% | 35% |
| VAT / sales tax | 19% | 16% |
| Corporate tax | 35% | 30% |
| Economy & salaries | ||
| Avg net salary | $450/mo | $700/mo |
| Avg annual wage (OECD, PPP) | — | $24,463✓ |
| Minimum wage | $330/mo | $420/mo |
| GDP per capita | $6,976✓ | $13,889✓ |
| Inflation (annual) | 5.2%✓ | 3.8%✓ |
| Life expectancy | 74 yr✓ | 75 yr✓ |
| Quality of life | ||
| LGBTQ+ acceptance | High | Moderate |
| Digital-nomad visa | Yes | Yes |
✓ = official statistics (OECD (PPP), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
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? Frequently asked questions
Is Colombia cheaper than Mexico?
Mexico is about 19% more expensive than Colombia overall — its cost-of-living index is 59 versus 49 for Colombia.
How much do you need to earn in Mexico to live like in Colombia?
To keep the same standard of living, a $75,000 salary in Colombia is worth about $89,547 in Mexico. Enter your own figure in the calculator above.
Which has lower taxes, Colombia or Mexico?
Mexico has the lower top income-tax rate — 35% versus 39% in Colombia.