Mexico Turks and Caicos Islands

Updated 2026-05-04

Mexico

Minimum Wage

MX$9,583.52 /mo

$553.10 USD

Avg. Gross Salary

MX$16,500 /mo

Turks and Caicos Islands

Minimum Wage

$8 /hr

Min wage: +6814% Mexico vs Turks and Caicos Islands

The minimum wage in Mexico is roughly 69 times higher than in Turks and Caicos 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 Turks and Caicos Islands
Metric	Mexico	Turks and Caicos Islands	Diff
Minimum wage /hr	—	$8	—
Minimum wage /day	MX$315.04 $18.18	—	—
Minimum wage /mo	MX$9,583.52 $553.10	$1,386.67	-60.1%
Minimum wage /yr	MX$114,989.60 $6,636.44	$16,640	-60.1%
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.
Turks and Caicos Islands: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Ordinance.

What This Means for Workers

A minimum wage worker moving from Turks and Caicos Islands to Mexico would see a 6814% increase in USD-equivalent hourly earnings. Standard work weeks differ: Mexico mandates 48 hours while Turks and Caicos Islands mandates 40 hours. A minimum wage worker's weekly earnings in Mexico are $26,549 vs $320 in Turks and Caicos Islands.

See this comparison from Turks and Caicos Islands's perspective: Turks and Caicos Islands vs Mexico

Compare Mexico with...

Mexico vs United States $ 7.25 /hr

Mexico vs China ¥ 25 /hr

Mexico vs Germany € 13.9 /hr

Mexico vs United Kingdom £ 12.71 /hr

Mexico vs India ₹ 4,576 /mo

Mexico vs Japan ¥ 1,121 /hr

Mexico vs France € 12.02 /hr

Mexico vs South Korea ₩ 10,320 /hr

Mexico vs Canada C$ 18.1 /hr

Mexico vs Australia A$ 24.95 /hr

Mexico vs Brazil R$ 7.37 /hr

Mexico vs Russia ₽ 156.31 /hr

Mexico vs Indonesia Rp 33,058 /hr

Mexico vs Netherlands € 14.71 /hr

Mexico vs Saudi Arabia ﷼ 23.08 /hr

Mexico vs Turkey ₺ 164.94 /hr

Mexico vs Taiwan NT$ 190 /hr

Mexico vs Switzerland

Mexico vs Poland zł 31.4 /hr

Mexico vs Thailand ฿ 10,400 /mo

Mexico vs Sweden

Mexico vs Argentina ARS 1,762 /hr

Mexico vs Singapore

Mexico vs Norway

Frequently Asked Questions

Is the minimum wage higher in Mexico or Turks and Caicos Islands?

In Mexico, the minimum wage is MX$9,583.52/mo ($553.10 USD). In Turks and Caicos Islands, it is $8/hr. Mexico has the higher rate by 6814% 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 Turks and Caicos Islands may retain a larger share of their earnings if prices there are lower.

How do work hours compare between Mexico and Turks and Caicos Islands?

Mexico has a longer standard work week at 48 hours, compared to 40 hours in Turks and Caicos Islands. Workers in Mexico work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Turks and Caicos 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.