In 2023, the average wage in Mexico achieved its highest level since 2009, amounting to around 20,090 U.S. dollars per year. Moreover, the average annual wage increased for the third consecutive year. Employment conditions In light of the crucial role that employment plays as a primary source of income, perceiving their working conditions to be poor, a sentiment held by nearly half of Mexico's workforce. Furthermore, the distribution of working hours skews towards non-monetarily compensated positions, particularly impacting the female demographic on households. This imbalance poses challenges to sustaining motivation. Informal employment also exhibits a higher prevalence among females, presenting regulatory complexities. Furthermore, a perceived gender-based disparity in employment opportunities subsists, amplifying the overarching concerns. As these factors coalesce, one out of every two individuals' harbors apprehensions about potential job loss. Salaries vs. Life expenses In 2023, the minimum wage has witnessed a considerable increase. Nevertheless, it continues to fall short of meeting essential living costs. Calculations indicate that a worker should ideally earn at least twice the amount of the latest increment to adequately cover these necessary expenses. A significant portion of the population—approximately one-third—finds itself residing beneath the threshold of basic food basket expenses. Consequently, Mexico ranks as the country where grocery expenses constitute the highest percentage of earnings. Furthermore, this predicament disproportionately impacts women, as they are often remunerated at lower wage rates.

Wages in Mexico increased to 621.89 MXN/Day in April from 619.29 MXN/Day in March of 2025. This dataset provides - Mexico Average Daily Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Manufacturing in Mexico increased to 4 USD/Hour in April from 3.90 USD/Hour in March of 2025. This dataset provides - Mexico Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Mexico Monthly Earnings

• Mexico Monthly Earnings stood at 908 USD in Feb 2025, compared with the previous figure of 902 USD in Jan 2025
• Mexico Monthly Earnings data is updated monthly, available from Jan 2000 to Feb 2025, with an average number of 578 USD
• The data reached the an all-time high of 1,045 USD in May 2024 and a record low of 411 USD in Feb 2000

CEIC calculates Monthly Earning from Average Daily Quote Salaries multiplied by 30 and converts it into USD. Secretary of Labor and Social Security provides Average Daily Quote Salaries in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Mexico Monthly Earnings

• In the latest reports, Mexico Population reached 132 million people in Dec 2024
• Unemployment Rate of Mexico increased to 3 % in Jan 2025
• The country's Labour Force Participation Rate increased to 59 % in Jan 2025

In Mexico as of the third quarter of 2023, there was a higher standard monthly wage for the male population with 8,473 Mexican pesos, while women got 7,281 MXP. Thus, the male population got a higher income around 16 percent more than the female population.

Avg Daily Quote Salaries: Expanded: Campeche data was reported at 421.121 MXN in Feb 2019. This records an increase from the previous number of 420.876 MXN for Jan 2019. Avg Daily Quote Salaries: Expanded: Campeche data is updated monthly, averaging 267.064 MXN from Jan 2000 (Median) to Feb 2019, with 230 observations. The data reached an all-time high of 421.121 MXN in Feb 2019 and a record low of 125.359 MXN in Feb 2000. Avg Daily Quote Salaries: Expanded: Campeche data remains active status in CEIC and is reported by Secretary of Labor and Social Security. The data is categorized under Global Database’s Mexico – Table MX.G042: Average Daily Quote Salaries: Expanded.

Mexico Real Average Compensation Index: Manufacturing: Wages data was reported at 142.400 1993=100 in Dec 2008. This records an increase from the previous number of 105.300 1993=100 for Nov 2008. Mexico Real Average Compensation Index: Manufacturing: Wages data is updated monthly, averaging 96.900 1993=100 from Jan 1993 (Median) to Dec 2008, with 192 observations. The data reached an all-time high of 149.500 1993=100 in Dec 1994 and a record low of 72.800 1993=100 in Feb 1997. Mexico Real Average Compensation Index: Manufacturing: Wages data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.G055: Real Average Compensation Index: Manufacturing Industry: 1993=100.

Key information about Mexico Household Income per Capita

• Mexico Annual Household Income per Capita reached 3,690.156 USD in Dec 2022, compared with the previous value of 2,639.778 USD in Dec 2020.
• Mexico Annual Household Income per Capita data is updated yearly, available from Dec 2006 to Dec 2022, with an averaged value of 3,322.376 USD.
• The data reached an all-time high of 4,169.817 USD in Dec 2008 and a record low of 2,639.778 USD in Dec 2020.
• In the latest reports, Retail Sales of Mexico grew 4.584 % YoY in Apr 2023.

CEIC calculates Annual Household Income per Capita from Quarterly Average Household Income per Capita multiplied by 4 and converts it into USD. The National Institute of Statistics and Geography provides Average Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Mexico Minimum Wage: Daily: Weighted Average of the 3 Geographic Area data was reported at 102.680 MXN in Mar 2019. This stayed constant from the previous number of 102.680 MXN for Feb 2019. Mexico Minimum Wage: Daily: Weighted Average of the 3 Geographic Area data is updated monthly, averaging 10.787 MXN from Jan 1964 (Median) to Mar 2019, with 663 observations. The data reached an all-time high of 102.680 MXN in Mar 2019 and a record low of 0.018 MXN in Dec 1965. Mexico Minimum Wage: Daily: Weighted Average of the 3 Geographic Area data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.G040: Minimum Wage and Wage Index.

How much do IT professionals earn in Mexico? It was found that an average salary in the Mexican IT sector amounted to 417 thousand Mexican pesos a year as of April 2020. A Java developer made 336 thousand pesos annually. A software test engineer earned 424 thousand.

Mexico Average Quarterly Household Income data was reported at 63,695.000 MXN in 2022. This records an increase from the previous number of 50,309.000 MXN for 2020. Mexico Average Quarterly Household Income data is updated yearly, averaging 46,285.000 MXN from Dec 2006 (Median) to 2022, with 9 observations. The data reached an all-time high of 63,695.000 MXN in 2022 and a record low of 39,719.000 MXN in 2014. Mexico Average Quarterly Household Income data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.H024: Average Quarterly Household Income.

In Mexico as of the third quarter of 2023, the sectors of occupation measured by the average monthly salary had the extractive industry as the clear leader, in terms of highest average salary, with 10,612 Mexican pesos, followed by the governmental, education and health areas.

Explore the progression of average salaries for graduates in Latin American And Mexican Literature from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Latin American And Mexican Literature relative to other fields. This data is essential for students assessing the return on investment of their education in Latin American And Mexican Literature, providing a clear picture of financial prospects post-graduation.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Mexico. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Mexico. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Mexico, householders within the 45 to 64 years age group have the highest median household income at $54,986, followed by those in the 25 to 44 years age group with an income of $50,057. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $40,956. Notably, householders within the under 25 years age group, had the lowest median household income at $38,944.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Mexico median household income by age. You can refer the same here

This statistic depicts the average hourly wage in the manufacturing sector in Mexico compared to the U.S. from 2015 to 2017. As of June 2017, a manufacturing worker in Mexico earned approximately 2.3 U.S. dollars an hour, whereas the average salary in the U.S. stood at 20.8 U.S. dollars an hour.

Explore the progression of average salaries for graduates in Interdisciplinary Studies W Concentration In Mexican American Studies from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Interdisciplinary Studies W Concentration In Mexican American Studies relative to other fields. This data is essential for students assessing the return on investment of their education in Interdisciplinary Studies W Concentration In Mexican American Studies, providing a clear picture of financial prospects post-graduation.

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