1-Year Change
+1.3%
vs 2024
5-Year Change
+8.9%
vs 2020
Overall Price Level
50.9
2024 · United States = 100
A reported PPP-adjusted average wage of $24,463 in 2025 anchors this Mexico profile. The sections below add wage history, 2024 consumer price benchmarks and direct comparison links, with unavailable source values left unfilled. Each section keeps its measurement basis visible.
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
Mexico's recent wage-floor rises began from a low base and interact with a large informal sector. Legal changes do not automatically reach every informal worker or define the national average.
The broader series remains near the lower end of OECD averages despite improvement. The trend should contrast the changing floor with uneven economy-wide wage gains.
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.
The latest available PPP-adjusted average wage for Mexico is $24,463 for 2025. Its one-year change is +1.3%, while the ten-year change is +9.7%.
All eight consumer price categories have a reported value for 2024. 0 reported categories are above the United States benchmark, 8 are below it, and 0 are at 100.
The wage observation is from 2025, while the selected consumer price view is for 2024. They remain separate records on this page and are not combined into a same-year score.
- 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$30,133+23.2%higher
Greece$32,412+32.5%higher
Slovakia$37,832+54.6%higher
Hungary$39,145+60.0%higher
Chile$40,626+66.1%higher
Estonia$41,019+67.7%higher
Czechia$43,607+78.3%higher
Costa Rica$44,431+81.6%higher
Latvia$44,709+82.8%higher
Portugal$44,937+83.7%higherA reported PPP-adjusted average wage of $24,463 in 2025 anchors this Mexico profile. The sections below add wage history, 2024 consumer price benchmarks and direct comparison links, with unavailable source values left unfilled. Each section keeps its measurement basis visible.
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
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Frequently Asked Questions
What is the average annual wage in Mexico?
The most recent figure is $24,463 for 2025, expressed in USD PPP at constant 2025 prices. That basis adjusts for price level differences between economies, so it is not a local-currency salary. The year remains visible because wage and consumer price records do not necessarily cover the same period.
How has the average wage changed in Mexico?
After falling away from its peak, it turned back up by +1.3% in the latest year. It still sits 9.4% from the high of 1994. The chart keeps the annual observations visible so the short and long horizons can be checked separately.
What are consumer price levels like in Mexico?
Against the United States benchmark of 100, the overall level is 50.9. Food is the most expensive category at 88.3, and Housing the least at 42.7. These are relative price indices for 2024, not prices in a local currency.
Is the average wage in Mexico close to its historical peak?
Not currently. It sits 9.4% below the 1994 peak of $27,014, and the latest year has not closed that gap. This comparison uses only the reported wage and price fields displayed on the page.
Wage data
OECD Average Annual Wages
Price data
OECD Comparative Price Levels
Reported coverage
Wages through 2025 · Prices through 2024