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Mexico vs Singapore
Singapore is {pct} {word} than Mexico. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Singapore to match Mexico.
Mexico vs Singapore at a glance — Singapore is 123% more expensive than Mexico overall. Average net salary: $4,500/mo vs $700/mo. Top income tax: 24% vs 35%.
| Mexico | Singapore | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 60 | 134 |
| Taxes | ||
| Income tax (top rate) | 35% | 24% |
| VAT / sales tax | 16% | 9% |
| Corporate tax | 30% | 17% |
| Capital gains | — | 0% |
| Economy & salaries | ||
| Avg net salary | $700/mo | $4,500/mo |
| Avg annual wage (OECD, PPP) | $24,463✓ | — |
| Minimum wage | $420/mo | — |
| GDP per capita | $13,889✓ | $98,814✓ |
| Inflation (annual) | 3.8%✓ | 0.9%✓ |
| Life expectancy | 75 yr✓ | 83 yr✓ |
| Quality of life | ||
| LGBTQ+ acceptance | Moderate | Low |
| Digital-nomad visa | Yes | No |
✓ = 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 Mexico cheaper than Singapore?
Singapore is about 123% more expensive than Mexico overall — its cost-of-living index is 134 versus 60 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 $167,571 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 — 24% versus 35% in Mexico.