CostTrek

โœฆ Compare countries

Mexico vs Turkey

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

MexicoTurkey
Cost of living
Cost of living index6454
Taxes
Income tax (top rate)35%40%
VAT / sales tax16%20%
Social security (employee)โ€”15%
Corporate tax30%25%
Economy & salaries
Avg net salary$700/mo$700/mo
Minimum wage$420/mo$600/mo
GDP per capita$13,889$15,666
Inflation (annual)3.8%44%
Life expectancy75 yr78 yr
Quality of life
LGBTQ+ acceptanceModerateLow
Digital-nomad visaYesYes

? Frequently asked questions

Is Mexico cheaper than Turkey?

Turkey is about 16% cheaper than Mexico overall โ€” its cost-of-living index is 54 versus 64 for Mexico.

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

To keep the same standard of living, a $75,000 salary in Mexico is worth about $62,900 in Turkey. Enter your own figure in the calculator above.

Which has lower taxes, Mexico or Turkey?

Mexico has the lower top income-tax rate โ€” 35% versus 40% in Turkey.