✦ Compare countries
Singapore vs Mexico
Compare cost of living, taxes, salaries and visas between Singapore and Mexico.
| Singapore | Mexico | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 134 | 64 |
| Taxes | ||
| Income tax (top rate) | 24% | 35% |
| VAT / sales tax | 9% | 16% |
| Corporate tax | 17% | 30% |
| Capital gains | 0% | — |
| Economy & salaries | ||
| Avg net salary | $4,500/mo | $700/mo |
| Minimum wage | — | $420/mo |
| GDP per capita | $88,000 | $12,000 |
| Life expectancy | 84 yr | 75 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | Moderate |
| Digital-nomad visa | No | Yes |
? Frequently asked questions
Is Singapore cheaper than Mexico?
Mexico is about 52% cheaper than Singapore overall — its cost-of-living index is 64 versus 134 for Singapore.
How much do you need to earn in Mexico to live like in Singapore?
To keep the same standard of living, a $75,000 salary in Singapore is worth about $36,166 in Mexico. Enter your own figure in the calculator above.
Which has lower taxes, Singapore or Mexico?
Singapore has the lower top income-tax rate — 24% versus 35% in Mexico.