The location factor for Mexico is 0.65, based on national living costs.
This means a $640,860 (Mexican Peso) per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to $714,805 (Mexican Peso).
It would be $527,337 (Mexican Peso) based on market rates, $588,183 (Mexican Peso) with taxes paid in Germany.
You can also start a calculation based on Mexico.
|Chosen Factor||0.65 0.73*|
|Market Rates||0.54 0.60*|
|Consumer Price Index||0.54 0.60*|
|Rent Index*||0.43 0.48*|
|Consumer Price Plus Rent Index||0.51 0.57*|
|Groceries Index||0.65 0.73*|
|Restaurant Price Index*||0.46 0.51*|
|Local Purchasing Power Index*||0.53 0.59*|
|Buffer Location Bracket*||D or C|
|Currency||Mexican Peso (MXN)|
|Income Tax*||1.92% to 30%|
Locations in Mexico
|Cancun||0.63 0.71*||Living Costs|
|Guadalajara||0.63 0.71*||Living Costs|
|Mexico City||0.66 0.73*||Living Costs|
|Monterrey||0.68 0.76*||Living Costs|
|Puerto Vallarta||0.63 0.70*||Living Costs|
|Queretaro||0.65 0.72*||Living Costs|