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United States vs Mexico

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

United StatesMexico
Cost of living
Cost of living index11664
Taxes
Income tax (top rate)37%35%
VAT / sales tax0%16%
Social security (employee)7.7%β€”
Corporate tax21%30%
Capital gains20%β€”
Economy & salaries
Avg net salary$4,300/mo$700/mo
Minimum wage$1,257/mo$420/mo
GDP per capita$82,000$12,000
Life expectancy79 yr75 yr
Quality of life
LGBTQ+ acceptanceHighModerate
Digital-nomad visaNoYes

? Frequently asked questions

Is United States cheaper than Mexico?

Mexico is about 44% cheaper than United States overall β€” its cost-of-living index is 64 versus 116 for United States.

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

To keep the same standard of living, a $75,000 salary in United States is worth about $41,741 in Mexico. Enter your own figure in the calculator above.

Which has lower taxes, United States or Mexico?

Mexico has the lower top income-tax rate β€” 35% versus 37% in United States.