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United Kingdom vs Mexico
Compare cost of living, taxes, salaries and visas between United Kingdom and Mexico.
| United Kingdom | Mexico | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 138 | 64 |
| Taxes | ||
| Income tax (top rate) | 45% | 35% |
| VAT / sales tax | 20% | 16% |
| Social security (employee) | 8% | — |
| Corporate tax | 25% | 30% |
| Capital gains | 24% | — |
| Economy & salaries | ||
| Avg net salary | $2,900/mo | $700/mo |
| Minimum wage | $2,050/mo | $420/mo |
| GDP per capita | $49,000 | $12,000 |
| Life expectancy | 81 yr | 75 yr |
| Quality of life | ||
| LGBTQ+ acceptance | High | Moderate |
| Digital-nomad visa | No | Yes |
? Frequently asked questions
Is United Kingdom cheaper than Mexico?
Mexico is about 53% cheaper than United Kingdom overall — its cost-of-living index is 64 versus 138 for United Kingdom.
How much do you need to earn in Mexico to live like in United Kingdom?
To keep the same standard of living, a $75,000 salary in United Kingdom is worth about $35,127 in Mexico. Enter your own figure in the calculator above.
Which has lower taxes, United Kingdom or Mexico?
Mexico has the lower top income-tax rate — 35% versus 45% in United Kingdom.