Location Factors

Queretaro

The location factor for Queretaro (Mexico) is 0.65, based on local living costs.

This means a $635,670 (Mexican Peso) per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to $709,017 (Mexican Peso).

You can also start a calculation based on Queretaro.

Name Queretaro
🇲🇽
Mexico
Chosen Factor 0.65 0.72* 0.65 0.73*
Market Rates unavailable 0.54 0.60*
Consumer Price Index 0.55 0.62* 0.54 0.60*
Rent Index* 0.36 0.40* 0.43 0.48*
Consumer Price Plus Rent Index 0.50 0.56* 0.51 0.57*
Groceries Index 0.65 0.72* 0.65 0.73*
Restaurant Price Index* 0.55 0.61* 0.46 0.51*
Local Purchasing Power Index* 0.68 0.76* 0.53 0.59*
Buffer Location Bracket* D or C D or C
Currency Mexican Peso (MXN)
Income Tax* 1.92% to 30%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on GlassdoorPayScale. Living costs based on Numbeo.

Other locations in Mexico

City Factor Based On
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
create calculation* If taxes paid in Germany instead.