Skip to main content

Key Facts: Mexico Wages

Country
Mexico (MEX)
Continent
North America
Currency
Mexican Peso (MXN)
Minimum Wage
MX$9,583.52 /mo ($551.68 USD)
Average Gross Monthly Salary
MX$16,500 /month
Average Gross Annual Salary
MX$198,000 /year
Median Individual Income
MX$96,000 /year
Standard Work Week
48 hours
Data Source
CONASAMI (Comision Nacional de los Salarios Minimos)
Last Updated
2026-03-02
Mexico flag

Mexico — Average Salary & Wages

Mexican Peso (MXN) Data verified Jan 2026 Sources

The average salary in Mexico is

MX$198,000 a year

But half of all workers earn less than MX$96,000 .

The average is lifted by bonuses and high earners. Most workers earn less than that.

Minimum wage MX$9,583.52 /mo, up 156% in 6 years Average pay ranks #94 of 206 worldwide Take-home is about 86% of gross

The minimum wage in Mexico is MX$9,583.52/mo ($551.68 USD) as of 2026. The average gross monthly salary is MX$16,500 ($949.83 USD). The median monthly income is MX$8,000 ($460.52 USD).

The Numbers

Mexico's minimum wage is among the lowest for North America, ranking #17 out of 25 countries with statutory minimum wages. Over the past 6 years, the minimum wage has increased by 156% in nominal terms. The standard work week is 48 hours.

Average monthly income for employed population based on ENOE. Large informal sector (~55% of employment) affects averages significantly.

Wage Breakdown

Daily
MX$315.04
Monthly
MX$9,583.52Daily rate x 30.42 (average days per month)
Annual
MX$114,989.60Daily rate x 365 days

Salario minimo general. 13.0% increase over 2025. Mexico's minimum wage is set on a daily basis. The Zona Libre de la Frontera Norte (Northern Border Free Zone) has a higher minimum of MXN $440.87/day. Workers also receive a mandatory aguinaldo (Christmas bonus) of at least 15 days' wages, plus a vacation premium. Mexico has seen significant real minimum wage increases since 2019.

What It Buys

• PPP ADJUSTED

MX$9,583.52/mo $966.08/mo purchasing power

In Mexico, the minimum wage has the purchasing power of $966.08/mo in the United States, adjusted for local cost of living using the World Bank PPP conversion factor.

Translate any salary between countries →

Medical coverage for remote workers in Mexico and beyond

Nomad Insurance is built for people living and working outside their home country. Sign up from anywhere, including after you have already left home. It covers unexpected medical treatment, hospitalization, and common travel incidents across 180+ countries, paid by 4-week subscription rather than an annual policy.

Affiliate link: wage.is may earn a commission if you sign up, at no extra cost to you.

See current Nomad Insurance pricing →

In Context

At minimum wage, a full-time worker in Mexico earns MX$9,583.52/mo. That is 58% of the average gross salary.

Monthly (full-time)
MX$9,583.52 at min. wage
Share of avg. salary
58% gross, before tax
USD equivalent
$551.68/mo monthly
Nominal growth
+156% since 2020

Sending money to Mexico? Compare the real cost first.

Wise shows the mid-market exchange rate and its fee up front, so you can see exactly what arrives before you send.

Affiliate link: wage.is may earn a commission if you sign up, at no extra cost to you.

Check the cost of sending with Wise →

How It Changed

Minimum Wage Trend

Since 2020, the minimum wage has grown +156% in nominal terms.

Nominal wage
Compare Mexico with other countries

Where It Varies

Federal districts & States · 32 regions

Work Week

Standard
48 hrs/wk
Maximum
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.

How It Compares

How Mexico Compares

How Mexico wages compare to North America averages and highest values
Metric Mexico North America Avg.
Avg. salary (USD equiv.) $949.83/mo $1,573.82/mo

• NEIGHBORING COUNTRIES

Compare Mexico

Popular Comparisons

See all comparisons for Mexico →

More in North America

Frequently Asked Questions

What is the minimum wage in Mexico?

The minimum wage in Mexico is MX$9,583.52/mo (approximately $551.68 USD), effective since 2026-01-01. Salario minimo general. 13.0% increase over 2025. Mexico's minimum wage is set on a daily basis. The Zona Libre de la Frontera Norte (Northern Border Free Zone) has a higher minimum of MXN $440.87/day. Workers also receive a mandatory aguinaldo (Christmas bonus) of at least 15 days' wages, plus a vacation premium. Mexico has seen significant real minimum wage increases since 2019.

What is the average salary in Mexico?

The average gross monthly salary in Mexico is MX$16,500 (approximately $949.83 USD). Average monthly income for employed population based on ENOE. Large informal sector (~55% of employment) affects averages significantly. Source: INEGI (Instituto Nacional de Estadistica y Geografia) (2025).

How many hours is the standard work week in Mexico?

The standard work week in Mexico is 48 hours, with a legal maximum of 48 hours. Overtime is paid at 2x the normal rate. 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.

How has the minimum wage in Mexico changed over time?

The minimum wage in Mexico has changed as follows: MX$123.22 in 2020, MX$141.70 in 2021, MX$172.87 in 2022, MX$207.44 in 2023, MX$248.93 in 2024, MX$278.80 in 2025, MX$315.04 in 2026. This represents 7 recorded adjustments.

What is the minimum wage in Mexico in USD?

The minimum wage in Mexico converts to approximately $551.68/mo in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.

What is the average salary in Mexico in USD?

The average gross monthly salary in Mexico is approximately $949.83 per month in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.

From Insights

All Insights →

In-depth wage analysis and data stories from wage.is Insights.