Mexico City Market Data

Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in Mexico City.

About Mexico City

LATAM’s corporate command center with multinational HQs and growing nearshore tech demand.

Mexico City represents a primary financial and business hubin Mexico, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.

Key Market Indicators

Cost of Living

Index score (100 = global average)

Rent Index

Housing cost indicator

Median Income

$56,500

Estimated professional median

Tax System in Mexico

Mexico’s ISR tax is progressive with monthly withholding. Mandatory social security contributions and housing fund deposits apply to payroll.

Example Calculation

For a professional earning $56,500 annually in Mexico City:

Gross Income

$56,500

Net Income

$51,537

Tax Rate

8.8%

Monthly Take-Home

$4,295

Popular Salary Benchmarks

Explore compensation data for key roles in Mexico City

View All

AI Engineer

$180,000

Estimated base salary

Machine Learning Researcher

$190,000

Estimated base salary

Product Manager

Tech

$135,000

Estimated base salary

Fintech Product Manager

Tech

$150,000

Estimated base salary

Data Engineering Manager

Tech

$155,000

Estimated base salary

Data Scientist

Tech

$125,000

Estimated base salary

Solutions Architect

Tech

$145,000

Estimated base salary

Blockchain Architect

Tech

$160,000

Estimated base salary

DevOps Engineer

Tech

$130,000

Estimated base salary

Site Reliability Engineer

Tech

$140,000

Estimated base salary

Cybersecurity Director

Tech

$185,000

Estimated base salary

UX Designer

Tech

$105,000

Estimated base salary

Investment Banker

Finance

$150,000

Estimated base salary

Private Equity Associate

Finance

$170,000

Estimated base salary

Hedge Fund Analyst

Finance

$160,000

Estimated base salary

Portfolio Manager

Finance

$200,000

Estimated base salary

Quantitative Researcher

Finance

$210,000

Estimated base salary

Venture Capital Partner

Finance

$220,000

Estimated base salary

Wealth Manager

Finance

$140,000

Estimated base salary

Chief Financial Officer

Executive

$250,000

Estimated base salary

Compare with Similar Markets

New York

The global financial capital, characterized by high compensation but significant cost of living and local tax burdens.

San Francisco

The epicenter of global technology, offering the highest base salaries adjusted for a fiercely competitive housing market.

Los Angeles

A media-tech nexus where entertainment, gaming, and aerospace intersect, commanding premium pay with California tax drag.

Chicago

The Midwest’s trading and private equity hub with comparatively moderate housing costs.

Boston

Deep biotech and hedge fund density supported by elite universities and a high cost of living.

Washington D.C.

Policy, defense contracting, and consulting anchor premium salaries with steady federal demand.

Frequently Asked Questions

What is the cost of living in Mexico City?↓

Mexico City has a cost of living index of 73 and a rent index of 55, making it a moderately priced city. Housing costs are manageable relative to other major cities.

How does the tax system work in Mexico?↓

Mexico’s ISR tax is progressive with monthly withholding. Mandatory social security contributions and housing fund deposits apply to payroll.

What is a good salary in Mexico City?↓

For professionals in Mexico City, we estimate the median income at approximately $56,500. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in prime districts.

What industries are strongest in Mexico City?↓

Mexico City is a major business hub with strong presence across multiple sectors. The city's status as a financial and technology center attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.