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Portugal vs Mexico
Compare cost of living, taxes, salaries and visas between Portugal and Mexico.
| Portugal | Mexico | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 97 | 64 |
| Taxes | ||
| Income tax (top rate) | 48% | 35% |
| VAT / sales tax | 23% | 16% |
| Corporate tax | 21% | 30% |
| Capital gains | 28% | — |
| Economy & salaries | ||
| Avg net salary | $1,300/mo | $700/mo |
| Minimum wage | $1,000/mo | $420/mo |
| GDP per capita | $27,000 | $12,000 |
| Life expectancy | 81 yr | 75 yr |
| Quality of life | ||
| LGBTQ+ acceptance | High | Moderate |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Portugal cheaper than Mexico?
Mexico is about 33% cheaper than Portugal overall — its cost-of-living index is 64 versus 97 for Portugal.
How much do you need to earn in Mexico to live like in Portugal?
To keep the same standard of living, a $75,000 salary in Portugal is worth about $49,995 in Mexico. Enter your own figure in the calculator above.
Which has lower taxes, Portugal or Mexico?
Mexico has the lower top income-tax rate — 35% versus 48% in Portugal.