✦ Compare countries
Mexico vs Canada
Compare cost of living, taxes, salaries and visas between Mexico and Canada.
| Mexico | Canada | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 64 | 122 |
| Taxes | ||
| Income tax (top rate) | 35% | 33% |
| VAT / sales tax | 16% | 5% |
| Corporate tax | 30% | 26.5% |
| Economy & salaries | ||
| Avg net salary | $700/mo | $3,300/mo |
| Minimum wage | $420/mo | $1,900/mo |
| GDP per capita | $12,000 | $54,000 |
| Life expectancy | 75 yr | 82 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Moderate | High |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Mexico cheaper than Canada?
Canada is about 89% more expensive than Mexico overall — its cost-of-living index is 122 versus 64 for Mexico.
How much do you need to earn in Canada to live like in Mexico?
To keep the same standard of living, a $75,000 salary in Mexico is worth about $141,638 in Canada. Enter your own figure in the calculator above.
Which has lower taxes, Mexico or Canada?
Canada has the lower top income-tax rate — 33% versus 35% in Mexico.