What are the highest paying jobs in Mexico?

What are some high paying jobs in Mexico?

Industries With the Highest Average Salary in Mexico

For example, the finance industry is known to offer some of the highest salaries in the country, particularly in roles such as investment banking, financial analysis, and accounting.

What's a good salary in Mexico?

According to Salary Explorer, a Mexican worker usually earns an average annual salary of 399,000 MXN (Mexican Peso). According to the exchange rate in 2023, this amounts to USD 23,154 annually. Generally, the average salary ranges from 8,410 MXN (lowest salary) to 148,000 MXN (highest national average) per month.

What is Mexico's most popular job?

The workforce reached 58.5M people (40.7% women and 59.3% men) with an average monthly salary of $5.61k MX. The occupations that concentrate the largest number of workers were Sales Employees, Dispatchers and Dependent on Trade (3.57M), Traders in Stores (2.95M), and Support Workers in Agriculture (2.1M).

What is the highest paying state in Mexico?

As of 2022, in Mexico, the two states of Baja California reported the highest average monthly salary, reaching approximately 18,000 Mexican pesos each. Additionally, Mexico City ranked fourth in terms of highest incomes, with an average monthly salary of nearly 17,199 Mexican pesos.

Countries That Will Pay You to Live There

Who gets paid the most in Mexico?

During the current pandemic, few would argue that there are careers more important than medical professions. Figures from 2019 provided by the Mexican Competitivity Institute (IMCO) show that medicine is the best paying career in Mexico with an average monthly salary of MX$17,449 (US$720).

How much does Mexico pay an hour?

The average pay in Mexico was MXN 16,449.22 per month in 2021, which is about similar to USD 820 per month, according to data from the Mexican Social Security Institute (IMSS). In terms of an hourly wage, the average income of a Mexican worker in the manufacturing industry is around USD $3.50/hour.

What jobs are in demand in Mexico?

How much is rent in Mexico?

The median rent in Mexico is ~$2,000MXN, or roughly $100USD monthly. The average rent in Mexico is ~$3,000MXN a month, or $150USD. Mexico has a home ownership rate of 80%, the highest in Latin America and one of the highest in the world.

How much do I need to live comfortably in Mexico?

How much is the cost of living in Mexico? For $600 to $2,000, you can comfortably settle in the country. Prices are overall 45.7% cheaper than in the United States, so you don't have to sacrifice the quality of life you're currently enjoying. In fact, it may even be better.

How much do I need to make to live comfortably in Mexico?

“On average, you can live a very comfortable life in Mexico with a budget of $1,500 to $3,000 per month,” said Gene Caballero, co-founder of GreenPal. “This would cover your housing, meals, utilities, healthcare and even some entertainment and leisure activities.”

What is a good job to have in Mexico?

What is the lowest pay in Mexico?

It brings Mexico's daily and monthly minimum wages to 249 pesos ($14.41) and 7,508 pesos ($434.64) respectively, following a consensus between the government, labor and business sectors.

What is a good career in Mexico?

According to the Compare Careers 2022 prepared by the organization, the professional profiles for the health sector are those that lead the ranking list for the best salary level, followed by careers related to civil engineering, mining and extraction, political science, and architecture. .

Can a US citizen get a job in Mexico?

According to Mexican Immigration law, a foreign national must have a valid Mexico work visa to work legally in the country in exchange for remuneration. The visa is issued after a process of verification and inspection by the Immigration agents.

Is it a good idea to work in Mexico?

Working in Mexico may mean receiving a lower salary than in your home country, but the cost of living is also a lot cheaper. Even though your pay packet may be smaller, your purchasing power is a lot higher than the one you have in your current country.

Can I work in Mexico with a US degree?

Yes, it is possible to attend a university in the U.S. and then work in Mexico with your degree. However, it's important to research the specific visa and work permit requirements for working in Mexico with a U.S. degree.

What is a middle class income in Mexico?

Another frequently used measurement considers that the middle class are those households that have incomes higher than the poorest 50% and less than the richest 10%. In the case of Mexico, that would mean the middle class has incomes between US$9,000 and US$20,000 annually.

Can you retire in Mexico with a million dollars?

The annual cost of living in laid-back Playas del Coco equates to roughly $31,600, so $1 million would last about 26 years. The historic center of San Miguel de Allende is a UNESCO World Heritage Site. This beautiful, historic city has a large American expat and retiree community, so it's easy to form new friendships.

How much do Mexicans make a day?

Average wages vary a lot in Mexico, mainly due to the field your work is on and location. In general terms the daily median wage for Mexico is $380 MXN (aprox $19 USD). In the US the median wage per day is calculated by hour and varies from state.

Can you be a millionaire in Mexico?

Among those who strive for a better life in Mexico are around 318,000 millionaires, which was shown in the Credit Suisse Global Wealth Report. It is estimated that by 2026 there will be more than 565,000 individuals with a net worth of more than 1 mil. US dollars.

How rich is the average Mexican?

In Mexico, the average household net-adjusted disposable income per capita is USD 16 269 a year, less than the OECD average of USD 30 490 a year.

What is Mexico's quality of life?

Mexico ranks worst — but still above average — in the Quality of Life Index (24th). Expats find the Leisure Options (2nd) outstanding, including the culinary variety and dining options (92% happy vs. 77% globally), the culture and nightlife (84% happy vs.