β¦ Compare countries
Mexico vs Singapore
Compare cost of living, taxes, salaries and visas between Mexico and Singapore.
| Mexico | Singapore | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 64 | 134 |
| Taxes | ||
| Income tax (top rate) | 35% | 24% |
| VAT / sales tax | 16% | 9% |
| Corporate tax | 30% | 17% |
| Capital gains | β | 0% |
| Economy & salaries | ||
| Avg net salary | $700/mo | $4,500/mo |
| Minimum wage | $420/mo | β |
| GDP per capita | $12,000 | $88,000 |
| Life expectancy | 75 yr | 84 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Moderate | Low |
| Digital-nomad visa | Yes | No |
? 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.