Mundevo
Portugal flagPortugalvsMexico flagMexico

Portugal vs Mexico: salary, tax & cost of living

Average wage, take-home after tax and cost of living, side by side — on real OECD wage data, PPP-adjusted. The headline salary and the net paycheck don't always point the same way.

Head to head

Portugal vs Mexico

MetricPortugalMexicoWinner
Average wage (PPP)$40,002$20,423Portugal
Payroll deduction31%12%Mexico
Net take-home (avg wage)$27,601$17,921Portugal
Cost index (NY=100)6738Mexico

Average wage: OECD (PPP). Tax is an effective single-filer rate at the average wage; cost index is each country's anchor city (Lisbon / Mexico City).

Data signals

What actually separates them

  • Who keeps more

    On the average wage, Portugal leaves the bigger net paycheck — about $9,680 more per year ($27,601 in Portugal vs $17,921 in Mexico, PPP).

  • Payroll deduction

    Mexico takes less off the top: ~12% vs ~31% combined income tax + social security.

  • Cost of living

    Mexico is the cheaper base: cost index 38 vs 67 (Lisbon / Mexico City, New York = 100). Higher net pay doesn't help if rent eats it.

Banking & transfers for either move

Some links below are affiliate links — if you sign up we may earn a small commission, at no extra cost to you.

FAQ

Is the average salary higher in Portugal or Mexico?
Portugal has the higher OECD average wage: $40,002 in Portugal vs $20,423 in Mexico (PPP-adjusted). But after tax, Portugal keeps more net.
Where do you take home more after tax?
Portugal — about $9,680 more net per year on the average wage, once income tax and social security are applied.
Which is cheaper to live in?
Mexico, by cost index (Lisbon 67 vs Mexico City 38, NY = 100). Weigh net pay against cost together, not separately.

Go deeper