Monterrey Market Data

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

About Monterrey

Industrial capital with high executive pay and proximity to US manufacturing corridors.

Monterrey represents a growing economic centerin 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

$45,000

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 $45,000 annually in Monterrey:

Gross Income

$45,000

Net Income

$41,118

Tax Rate

8.6%

Monthly Take-Home

$3,427

Popular Salary Benchmarks

Explore compensation data for key roles in Monterrey

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

Miami

A gateway for Latin American finance with favorable tax conditions and a growing hedge fund presence.

Atlanta

Logistics, fintech, and corporate HQs offer strong comp relative to cost of living.

Dallas

Energy trading and Fortune 500 relocations drive consistently high salaries in a business-friendly environment.

Houston

Energy majors, healthcare systems, and NASA suppliers support generous total compensation.

Denver

A fast-growing tech and aerospace corridor with increasing venture capital inflows.

Phoenix

Semiconductor fabrication and remote corporate teams make Phoenix a cost-efficient talent market.

Frequently Asked Questions

What is the cost of living in Monterrey?↓

Monterrey has a cost of living index of 82 and a rent index of 88, making it one of the more expensive cities globally. Housing costs are particularly high, with prime districts commanding premium rents.

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 Monterrey?↓

For professionals in Monterrey, we estimate the median income at approximately $45,000. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in central areas.

What industries are strongest in Monterrey?↓

Monterrey is a growing economic center with strong presence across multiple sectors. The city's diverse economy attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.