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Italy vs Mexico

Mexico is {pct} {word} than Italy. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Mexico to match Italy.

Italy vs Mexico at a glance — Mexico is 41% cheaper than Italy overall. Average net salary: $700/mo vs $1,900/mo. Top income tax: 35% vs 43%.

ItalyMexico
Cost of living
Cost of living index10059
Taxes
Income tax (top rate)43%35%
VAT / sales tax22%16%
Corporate tax24%30%
Capital gains26%—
Economy & salaries
Avg net salary$1,900/mo$700/mo
Minimum wage—$420/mo
GDP per capita$43,309✓$13,889✓
Inflation (annual)1.5%✓3.8%✓
Life expectancy84 yr✓75 yr✓
Quality of life
LGBTQ+ acceptanceModerateModerate
Digital-nomad visaYesYes

✓ = 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 Italy cheaper than Mexico?

Mexico is about 41% cheaper than Italy overall — its cost-of-living index is 59 versus 100 for Italy.

How much do you need to earn in Mexico to live like in Italy?

To keep the same standard of living, a $75,000 salary in Italy is worth about $44,149 in Mexico. Enter your own figure in the calculator above.

Which has lower taxes, Italy or Mexico?

Mexico has the lower top income-tax rate — 35% versus 43% in Italy.