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Key Facts: Argentina vs Mexico Wages

Argentina Minimum Wage
ARS1,762/hr ($1.64 USD)
Mexico Minimum Wage
MX$9,583.52/mo ($546.56 USD)
Argentina Avg. Gross Monthly Salary
ARS850,000 /mo ($792.91 USD)
Mexico Avg. Gross Monthly Salary
MX$16,500 /mo ($941.02 USD)
Data Sources
Consejo Nacional del Empleo, la Productividad y el Salario Mínimo, Vital y Móvil — verified directly via argentina.gob.ar/trabajo/consejodelsalario (primary source) (2026-05-04), CONASAMI (Comision Nacional de los Salarios Minimos) (2026-03-02)

Argentina flag Argentina Mexico flag Mexico

Updated 2026-05-04

Argentina flag Argentina

Minimum Wage

ARS1,762 /hr

$1.64 USD

Avg. Gross Salary

ARS850,000 /mo

Mexico flag Mexico

Minimum Wage

MX$9,583.52 /mo

$546.56 USD

Avg. Gross Salary

MX$16,500 /mo

Min wage: -100% Argentina vs Mexico Avg. salary: -16% Argentina vs Mexico

The minimum wage in Argentina is roughly 333 times lower than in Mexico in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average salaries are lower in Argentina at $793/mo compared to $941/mo in Mexico. Mexico has the tighter labor market, with unemployment at 2.7% compared to 7.2%.

Argentina has higher GDP per capita ($30,431 vs $26,185). Argentina's unemployment rate is 7.2% compared to Mexico's 2.7%.

Detailed Comparison

Detailed wage comparison between Argentina and Mexico
Metric Argentina Mexico
Minimum wage /hr ARS1,762 $1.64
Minimum wage /day MX$315.04 $17.97
Minimum wage /mo ARS352,400 $328.73 MX$9,583.52 $546.56
Minimum wage /yr ARS4,581,200 $4,273.51 MX$114,989.60 $6,558.06
Avg. gross salary /mo ARS850,000 /mo $792.91 MX$16,500 /mo $941.02
Avg. net salary /mo ARS700,000 /mo $652.99 MX$14,200 /mo $809.85
Median individual income /yr ARS5,400,000 /yr $5,037.31 MX$96,000 /yr $5,475.05

Percentage differences are based on USD equivalent values. Positive means Argentina is higher.

Work Week

Argentina

48 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Legal maximum of 48 hours/week (8 hours/day for daytime work). Overtime on regular days is 50% premium; Saturdays after 1pm, Sundays and holidays: 100% premium.

Mexico

48 hrs/wk standard

Max 48 hrs/wk

Overtime : 2x pay

Standard workweek is 48 hours (daytime). Night shift maximum is 42 hours, mixed shift 45 hours. First 9 hours of overtime per week at 200% rate; beyond that at 300%. A 2023 reform discussion to reduce to 40 hours is pending.

What This Means for Workers

A minimum wage worker in Argentina earns 33153% less per hour in USD terms than one in Mexico.

See this comparison from Mexico's perspective: Mexico vs Argentina

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Frequently Asked Questions

Is the minimum wage higher in Argentina or Mexico?

In Argentina, the minimum wage is ARS1,762/hr ($1.64 USD). In Mexico, it is MX$9,583.52/mo ($546.56 USD). Mexico has the higher rate by 33153% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Argentina may retain a larger share of their earnings if prices there are lower.

How much less does the average worker earn in Argentina compared to Mexico?

The average gross salary in Argentina is ARS850,000/mo ($792.91 USD), compared to MX$16,500/mo ($941.02 USD) in Mexico. In USD terms, workers in Argentina earn approximately 19% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Argentina and Mexico is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Mexico earn more in nominal terms, though how far that income stretches depends on local prices in Argentina.

How do work hours compare between Argentina and Mexico?

Both Argentina and Mexico mandate a similar standard work week of 48 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.

What is the cost of living difference between Argentina and Mexico?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Argentina has the higher GDP per capita at $30,431, which is 1.2x that of Mexico at $26,185. From Argentina's perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.