Mexico
PPP-adjusted average annual wage
$24,463 2025
Mexico reports a 2025 average annual wage of 24,463 USD PPP in constant prices. Consumer price indices for 2024 show all eight categories below the United States benchmark. Price category values remain unavailable for both 2022 and 2023. Wage observations span thirty-five years from 1990 through 2025.
1-Year Change
+1.3%
vs 2024
5-Year Change
+8.9%
vs 2020
Overall Price Level
50.9
2024 · United States = 100
Wage data: 2025 · Price data: 2024
Wage History
Track PPP-adjusted average annual wages in constant prices over time.
PPP-adjusted annual wage (USD)
USD PPP, constant 2025 prices
Wage Key Facts
Latest Wage
$24,463
Latest Year
2025
1-Year Change
+1.3%
5-Year Change
+8.9%
10-Year Change
+9.7%
Historical Peak
$27,014
Peak Year
1994
Change From Peak
−9.4%
What the Wage Trend Shows
The latest reported average annual wage reached 24,463 USD PPP in 2025. This figure reflects a 1.34 percent increase compared to the prior year.
Long-term growth totals 9.07 percent since the series began in 1990. The current level remains 9.44 percent below the historical peak recorded in 1994.
Consumer Price Levels
Compare eight consumer price categories with the United States benchmark of 100.
United States = 100
What Prices Look Like
Highest: Food
Food has the highest relative price level among the available categories, at 88.3 (United States = 100).
Lowest: Housing
Housing is the lowest at 42.7, −57.3 index points against the United States benchmark.
Overall vs United States
The overall price level is 50.9, below the United States benchmark (−49.1 index points).
Wage and Price Snapshot
Read the latest wage record and the selected price benchmark together, without merging their years.
Overall consumption prices stood at 50.9 in 2024 against the United States benchmark. This represents a signed gap of -49.1 index points from the baseline.
Housing costs registered an index value of 42.7 during the same period. The resulting difference from the United States was -57.3 index points.
Food prices measured 88.3 while transport reached 80.6 in 2024. Both categories fell below the United States benchmark by 11.7 and 19.4 points respectively.
- Latest wage recordWage year 2025
- $24,463
- Price category coveragePrice year 2024
- 8 of 8
- Relative to United States8 below, 0 at 100
- 0 above
Compare Mexico
See how Mexico's wages and price levels compare with other OECD economies.
Colombia$30,1332024+23.2%higher
Greece$32,4122025+32.5%higher
Slovakia$37,8322025+54.6%higher
Hungary$39,1452025+60.0%higher
Chile$40,6262023+66.1%higher
Estonia$41,0192025+67.7%higher
Czechia$43,6072025+78.3%higher
Costa Rica$44,4312024+81.6%higher
Latvia$44,7092025+82.8%higher
Portugal$44,9372025+83.7%higher
Poland$49,0742025+100.6%higher
Japan$50,1832025+105.1%higherSimilar Economies
How to Read This Country Page
Three boundaries keep wage and price comparisons from being misread.
- Wage basis
- The annual wage is expressed in USD PPP at constant 2025 prices. It is an average, not a median wage, local-currency amount, or take-home figure.
- Years stay separate
- The latest wage year and the price year do not have to match. Price controls read only 2022, 2023, or 2024 and never substitute another year.
- Price benchmark
- 100 represents the United States price level. A value of 120 is reported here as 20 index points above that benchmark.
Data Coverage and Limits
See which years are actually present before comparing wage and price records.
Wage records extend continuously from 1990 through 2025 covering thirty-five years. The series includes thirty-six distinct reported observations for longitudinal tracking.
Price data availability varies significantly with only 2024 containing complete category values. Earlier years in the current window lack any reported consumer price indices.
Users analyzing long-term wage patterns have access to over three decades of history. Price comparisons are restricted to the most recent fully reported year.
- Wage observations
- 36
- Wage coverage
- 1990-2025
- Price categories · 2024
- 8 of 8
- Price categories · 2023
- 0 of 8
- Price categories · 2022
- 0 of 8
Frequently Asked Questions
What is the average annual wage in Mexico?
The average annual wage in Mexico was 24,463 USD PPP in 2025 using constant prices. This measurement adjusts for purchasing power parity to enable cross-national comparison.
How has the average wage changed in Mexico?
Average wages increased 1.34 percent over the last year and 8.89 percent over five years. The ten-year change stands at 9.68 percent since 2015.
What are consumer price levels like in Mexico?
All eight consumer price categories were below the United States benchmark in 2024. Housing showed the largest gap at -57.3 points while food was closest at -11.7 points.
Is the average wage in Mexico close to its historical peak?
Current wages sit 9.44 percent below the 1994 historical peak of 27,014 USD PPP. The 2025 value has not yet recovered to that earlier high point.
Wage data
OECD Average Annual Wages
Price data
OECD Comparative Price Levels
Reported coverage
Wages through 2025 · Prices through 2024