The minimum wage per day guaranteed by law in Mexico was decreed to increase by approximately 12 percent between 2024 and 2025, reaching 278.8 Mexican pesos in 2025. The Northern Free Zone located near the northern border was the exception, where the minimum daily wage increased to 419.88 Mexican pesos. Education and income disparity The income distribution is entirely a new story than minimum wages, in fact, there are many factors that influence the level of salaries for Mexican workers. One of the main differences is by the number of schooling years, someone with more than 18 years of study earns on average double than employees with seven to nine years. Moreover, the area of study, while statistics and finance mean salaries, the highest wages by degree, are above 30,000 Mexican pesos per month, others such as performing arts and theology rank as the lowest paying degrees in Mexico.
Poverty still among the main problems
Despite one of the main reasons for minimum wage increases being moving people out from poverty conditions, poverty continues to be one of the main problems Mexican society faces. The number of people living under poverty conditions has decreased by 8.54 million inhabitants from 2014 to 2022, nonetheless, the figure is still higher than 46.5 million. The poverty rate varies among states, with Chiapas leading the ranking with 67.4 percent of the population under such conditions, while both Baja California and Baja California Sur recorded less than 14 percent.

Minimum Wages in Mexico remained unchanged at 278.93 MXN/Day in October. This dataset provides - Mexico Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

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 Manufacturing in Mexico remained unchanged at 4.20 USD/Hour in September. This dataset provides - Mexico Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2024, the highest standard minimum daily wage insured employees in Mexico was registered by the electrical industry and water supply sector with over a thousand Mexican pesos. Followed by the extractive industries with ******* Mexican pesos for the average minimum wage. In contrast, the lowest sector counts with an average daily wage of ****** Mexican pesos for agriculture.

Graph and download economic data for State Minimum Wage Rate for New Mexico (STTMINWGNM) from 1968 to 2025 about NM, minimum wage, wages, rate, and USA.

This table presents the key figures for the labor market in Mexico as of December 2018. As of this point in time, Mexico had an employment rate of 96.65 percent. The minimum wage in the country was estimated at 102.68 Mexican pesos a day. Peru's employment rate amounted to 94 percent.

Mexico Employment Rate: ENOE 2010: 1 to Less Than 2 Minimum Wages data was reported at 27.748 % in Dec 2018. This records a decrease from the previous number of 27.972 % for Sep 2018. Mexico Employment Rate: ENOE 2010: 1 to Less Than 2 Minimum Wages data is updated quarterly, averaging 23.379 % from Mar 2005 (Median) to Dec 2018, with 56 observations. The data reached an all-time high of 28.848 % in Mar 2018 and a record low of 19.972 % in Dec 2008. Mexico Employment Rate: ENOE 2010: 1 to Less Than 2 Minimum 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.G019: Employment: ENOE 2010: Age 15 and Above.

Yearly citation counts for the publication titled "Do minimum wages help explain declining Mexico-U.S. migration?".

Mexico Employment: ENOE 2010: Male: 3 to Less Than 5 Minimum Wages data was reported at 4,885.963 Person th in Dec 2018. This records a decrease from the previous number of 4,887.163 Person th for Sep 2018. Mexico Employment: ENOE 2010: Male: 3 to Less Than 5 Minimum Wages data is updated quarterly, averaging 5,400.273 Person th from Mar 2005 (Median) to Dec 2018, with 56 observations. The data reached an all-time high of 6,116.677 Person th in Dec 2007 and a record low of 4,503.574 Person th in Mar 2016. Mexico Employment: ENOE 2010: Male: 3 to Less Than 5 Minimum 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.G019: Employment: ENOE 2010: Age 15 and Above.

Among the surveyed manufacturing and industry job positions in Mexico, activities within the textile and clothing industry presented the lowest salaries. Sewing in garment factories or workshops presented an average wage of ***** Mexican pesos a day. On the other hand, the position of dredge operator was the one with the highest salaries of ****** Mexican pesos a day.

Mexico Employment: ENOE 2010: Female: 3 to Less Than 5 Minimum Wages data was reported at 2,035.773 Person th in Dec 2018. This records an increase from the previous number of 2,021.634 Person th for Sep 2018. Mexico Employment: ENOE 2010: Female: 3 to Less Than 5 Minimum Wages data is updated quarterly, averaging 2,197.392 Person th from Mar 2005 (Median) to Dec 2018, with 56 observations. The data reached an all-time high of 2,431.267 Person th in Dec 2010 and a record low of 1,845.717 Person th in Mar 2016. Mexico Employment: ENOE 2010: Female: 3 to Less Than 5 Minimum 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.G019: Employment: ENOE 2010: Age 15 and Above.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Mexico, MO, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 10,617, while the mean income for the highest quintile (20% of households with the highest income) is 160,507. This indicates that the top earners earn 15 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 284,944, which is 177.53% higher compared to the highest quintile, and 2683.85% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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. You can refer the same here

As of the first quarter of 2024 in Mexico, the lowest paid degrees by professional degree were for the fishing professionals with an average monthly salary of ***** Mexican pesos.

Mexico Employment Rate: ENOE 2010: More Than 5 Minimum Wages data was reported at 4.534 % in Dec 2018. This records an increase from the previous number of 4.453 % for Sep 2018. Mexico Employment Rate: ENOE 2010: More Than 5 Minimum Wages data is updated quarterly, averaging 8.257 % from Mar 2005 (Median) to Dec 2018, with 56 observations. The data reached an all-time high of 12.136 % in Sep 2006 and a record low of 4.298 % in Mar 2018. Mexico Employment Rate: ENOE 2010: More Than 5 Minimum 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.G019: Employment: ENOE 2010: Age 15 and Above.

This statistic shows the distribution of illegally employed minors aged 5 to 17 in Mexico in 2017, sorted by income. In that year, more than ** percent of illegally employed minors were not paid at all. As of January 2017, the daily minimum wage in Mexico was ****** Mexican pesos (approximately ***** U.S. dollars).To find out more about the employment rate among minors by gender in Mexico in 2015 and 2017, please click here.

View yearly updates and historical trends for Mexico Income Share Held by the Lowest 20%. Source: World Bank. Track economic data with YCharts analytics.

Mexico Employment Rate: ENOE 2010: 2 to Less Than 3 Minimum Wages data was reported at 18.455 % in Dec 2018. This records an increase from the previous number of 18.236 % for Sep 2018. Mexico Employment Rate: ENOE 2010: 2 to Less Than 3 Minimum Wages data is updated quarterly, averaging 21.235 % from Mar 2005 (Median) to Dec 2018, with 56 observations. The data reached an all-time high of 23.662 % in Sep 2008 and a record low of 18.108 % in Jun 2018. Mexico Employment Rate: ENOE 2010: 2 to Less Than 3 Minimum 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.G019: Employment: ENOE 2010: Age 15 and Above.