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๐Ÿ’ก Smart Analysis

Comparing Lima and Mexico City: Average gross pay is 56% higher in Mexico City. Cost of living is 30% cheaper in Lima. With higher take-home and lower expenses, Mexico City is a more financially comfortable place to live with an affordability score of 8.8/10 compared to 8.7/10.

Category Comparison
๐Ÿ‡ต๐Ÿ‡ช
Lima
๐Ÿ‡ฒ๐Ÿ‡ฝ
Mexico City

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$16,000/yr
$25,000/yr
HIGHER
Junior Developer Pay
$8,000
$12,000
Mid-Level Developer Pay
$14,000
$22,000
Senior Developer Pay
$24,000
$38,000
Lead / Architect Pay
$32,000
$50,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$420
$550
Rent โ€” Suburbs (1 Bed)
$260
$350
Groceries (Monthly)
$140
$180
Public Transport Pass
$15
$25
Utilities (Electricity, Internet)
$85
$100
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$743/mo
CHEAPER
$1,060/mo

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
29%
30%
Social Security Deduction
9%
8%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
$712/mo
$1,192/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
8.7
8.8
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
$0/mo
$132/mo
Months to Save $10,000
~999 months
~76 months
๐Ÿ‡ต๐Ÿ‡ช Complete Lima Breakdown & Charts โ†’ ๐Ÿ‡ฒ๐Ÿ‡ฝ Complete Mexico City Breakdown & Charts โ†’