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Key Facts: Mexico vs British Virgin Islands Wages

Mexico Minimum Wage
MX$9,583.52/mo ($553.10 USD)
British Virgin Islands Minimum Wage
$8.50/hr
Mexico Avg. Gross Monthly Salary
MX$16,500 /mo ($952.27 USD)
Data Sources
CONASAMI (Comision Nacional de los Salarios Minimos) (2026-03-02), BVI Government — New Minimum Wage Announcement (2026-05-04)

Mexico flag Mexico British Virgin Islands flag British Virgin Islands

Updated 2026-05-04

Mexico flag Mexico

Minimum Wage

MX$9,583.52 /mo

$553.10 USD

Avg. Gross Salary

MX$16,500 /mo

British Virgin Islands flag British Virgin Islands

Minimum Wage

$8.50 /hr

Min wage: +6407% Mexico vs British Virgin Islands

The minimum wage in Mexico is roughly 65 times higher than in British Virgin Islands in USD terms, reflecting the gap between a upper-middle-income and a high-income economy.

Detailed Comparison

Detailed wage comparison between Mexico and British Virgin Islands
Metric Mexico British Virgin Islands
Minimum wage /hr $8.50
Minimum wage /day MX$315.04 $18.18
Minimum wage /mo MX$9,583.52 $553.10 $1,473.33
Minimum wage /yr MX$114,989.60 $6,636.44 $17,680
Avg. gross salary /mo MX$16,500 /mo $952.27 N/A/mo
Avg. net salary /mo MX$14,200 /mo $819.53 N/A/mo
Median individual income /yr MX$96,000 /yr $5,540.49 N/A/yr

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

Work Week

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.

British Virgin Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Code.

What This Means for Workers

A minimum wage worker moving from British Virgin Islands to Mexico would see a 6407% increase in USD-equivalent hourly earnings. Standard work weeks differ: Mexico mandates 48 hours while British Virgin Islands mandates 40 hours. A minimum wage worker's weekly earnings in Mexico are $26,549 vs $340 in British Virgin Islands.

See this comparison from British Virgin Islands's perspective: British Virgin Islands vs Mexico

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Frequently Asked Questions

Is the minimum wage higher in Mexico or British Virgin Islands?

In Mexico, the minimum wage is MX$9,583.52/mo ($553.10 USD). In British Virgin Islands, it is $8.50/hr. Mexico has the higher rate by 6407% 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 British Virgin Islands may retain a larger share of their earnings if prices there are lower.

How do work hours compare between Mexico and British Virgin Islands?

Mexico has a longer standard work week at 48 hours, compared to 40 hours in British Virgin Islands. Workers in Mexico work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in British Virgin Islands working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.