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Mexico vs Singapore

Compare cost of living, taxes, salaries and visas between Mexico and Singapore.

MexicoSingapore
Cost of living
Cost of living index64134
Taxes
Income tax (top rate)35%24%
VAT / sales tax16%9%
Corporate tax30%17%
Capital gainsβ€”0%
Economy & salaries
Avg net salary$700/mo$4,500/mo
Minimum wage$420/moβ€”
GDP per capita$12,000$88,000
Life expectancy75 yr84 yr
Quality of life
LGBTQ+ acceptanceModerateLow
Digital-nomad visaYesNo

? Frequently asked questions

Is Mexico cheaper than Singapore?

Singapore is about 107% more expensive than Mexico overall β€” its cost-of-living index is 134 versus 64 for Mexico.

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

To keep the same standard of living, a $75,000 salary in Mexico is worth about $155,532 in Singapore. Enter your own figure in the calculator above.

Which has lower taxes, Mexico or Singapore?

Singapore has the lower top income-tax rate β€” 24% versus 35% in Mexico.