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Mexico vs Thailand

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

Mexico vs Thailand at a glance — Thailand is 5% cheaper than Mexico overall. Average net salary: $800/mo vs $700/mo. Top income tax: 35% vs 35%.

MexicoThailand
Cost of living
Cost of living index5956
Taxes
Income tax (top rate)35%35%
VAT / sales tax16%7%
Corporate tax30%20%
Economy & salaries
Avg net salary$700/mo$800/mo
Minimum wage$420/mo$300/mo
GDP per capita$13,889✓$8,057✓
Inflation (annual)3.8%✓-0.1%✓
Life expectancy75 yr✓77 yr✓
Quality of life
LGBTQ+ acceptanceModerateModerate
Digital-nomad visaYesYes

✓ = official statistics (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 Thailand?

Thailand is about 5% cheaper than Mexico overall — its cost-of-living index is 56 versus 59 for Mexico.

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

To keep the same standard of living, a $75,000 salary in Mexico is worth about $70,960 in Thailand. Enter your own figure in the calculator above.