CostTrek

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Mexico vs Spain

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

Mexico vs Spain at a glance — Spain is 71% more expensive than Mexico overall. Average net salary: $1,900/mo vs $700/mo. Top income tax: 47% vs 35%.

MexicoSpain
Cost of living
Cost of living index59100
Taxes
Income tax (top rate)35%47%
VAT / sales tax16%21%
Social security (employee)—6.4%
Corporate tax30%25%
Capital gains—28%
Economy & salaries
Avg net salary$700/mo$1,900/mo
Minimum wage$420/mo$1,652/mo✓
GDP per capita$13,889✓$38,627✓
Inflation (annual)3.8%✓2.7%✓
Life expectancy75 yr✓84 yr✓
Quality of life
LGBTQ+ acceptanceModerateHigh
Digital-nomad visaYesYes

✓ = official statistics (Eurostat 2026, 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 Spain?

Spain is about 71% more expensive than Mexico overall — its cost-of-living index is 100 versus 59 for Mexico.

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

To keep the same standard of living, a $75,000 salary in Mexico is worth about $127,876 in Spain. Enter your own figure in the calculator above.

Which has lower taxes, Mexico or Spain?

Mexico has the lower top income-tax rate — 35% versus 47% in Spain.