How much money does a person working in Accounting and Finance make in Mexico?
Average Monthly Salary
34,500 MXN
( 414,000 MXN yearly)
LOW
13,800
MXN
AVERAGE
34,500
MXN
HIGH
68,700
MXN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
A person working in Accounting and Finance in Mexico typically earns around 34,500 MXN. Salaries range from 13,800 MXN (lowest average) to 68,700 MXN (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Mexico exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
Accounting and Finance | |
Account Examiner | 17,500 MXN |
Account Executive | 28,900 MXN |
Accountant | 22,400 MXN |
Accounting Analyst | 29,700 MXN |
|
Accounting Assistant | 18,200 MXN |
Accounting Associate | 16,400 MXN |
Accounting Clerk | 14,300 MXN |
Accounting Coordinator | 21,000 MXN |
Accounting Head | 45,700 MXN |
Accounting Manager | 49,500 MXN |
Accounting Officer | 16,800 MXN |
Accounting Specialist | 32,000 MXN |
Accounting Supervisor | 33,900 MXN |
Accounting Technician | 17,200 MXN |
Accounting Unit Controller | 38,000 MXN |
Accounts Executive | 28,800 MXN |
Accounts Officer | 19,200 MXN |
Accounts Payable and Receivable Specialist | 23,500 MXN |
Accounts Payable Assistant | 18,200 MXN |
Accounts Payable Associate | 21,600 MXN |
Accounts Payable Clerk | 18,000 MXN |
Accounts Payable Manager | 45,000 MXN |
Accounts Receivable Administrator | 35,600 MXN |
Accounts Receivable Clerk | 17,600 MXN |
Accounts Receivable Financial Analyst | 31,900 MXN |
Accounts Receivable Manager | 47,800 MXN |
Accounts Receivable Team Leader | 33,000 MXN |
Algorithmic Trading Specialist | 40,700 MXN |
Assistant Accountant | 18,300 MXN |
Assistant Accounting Manager | 43,500 MXN |
Assistant Auditor | 23,800 MXN |
Assistant Corporate Controller | 31,700 MXN |
Assistant Finance Manager | 51,300 MXN |
Assistant Financial Controller | 30,500 MXN |
Audit Director | 51,400 MXN |
Audit Supervisor | 44,700 MXN |
Auditing Clerk | 19,200 MXN |
Auditing Manager | 48,800 MXN |
Billing Clerk | 18,600 MXN |
Billing Coordinator | 20,900 MXN |
Billing Specialist | 24,800 MXN |
Billing Supervisor | 36,500 MXN |
Bookkeeper | 14,800 MXN |
Bookkeeping Specialist | 23,500 MXN |
Budget Analyst | 40,100 MXN |
Budget Manager | 50,000 MXN |
Business Support Analyst | 26,800 MXN |
Capital Markets Associate | 34,400 MXN |
Cash Flow Analyst | 34,400 MXN |
Cash Management Manager | 46,900 MXN |
Cash Management Officer | 28,300 MXN |
Cashbook Clerk | 15,300 MXN |
Chartered Accountant | 29,600 MXN |
Chief Accountant | 34,900 MXN |
Chief Financial Technology Officer | 47,000 MXN |
Collections Clerk | 15,100 MXN |
Collections Representative | 20,800 MXN |
Collections Specialist | 23,500 MXN |
Corporate Controller | 38,100 MXN |
Corporate Treasurer | 44,100 MXN |
Cost Accountant | 24,000 MXN |
Cost Accounting Manager | 47,700 MXN |
Cost Accounting Supervisor | 37,800 MXN |
Cost Analyst | 36,000 MXN |
Credit and Collection Manager | 48,400 MXN |
Credit and Collection Staff | 18,100 MXN |
Credit and Loans Officer | 17,000 MXN |
Credit Controller | 32,700 MXN |
Credit Manager | 50,800 MXN |
Debt Adviser | 38,400 MXN |
Debt Collector | 19,400 MXN |
Debtors Clerk | 15,500 MXN |
Debtors Controller | 16,800 MXN |
Deputy CFO | 65,000 MXN |
Deputy Head of Finance | 63,600 MXN |
Derivative Trader | 42,200 MXN |
Director of Finance | 70,700 MXN |
E-commerce Accountant | 25,400 MXN |
Economist | 53,800 MXN |
Equity Analyst | 40,700 MXN |
Escrow Assistant | 20,500 MXN |
Executive Accountant | 25,900 MXN |
External Auditor | 34,200 MXN |
Finance Administrator | 28,400 MXN |
Finance Analyst | 41,900 MXN |
Finance Associate | 19,900 MXN |
Finance Data Analyst | 36,300 MXN |
Finance Director | 70,300 MXN |
Finance Executive | 51,800 MXN |
Finance Licensing Clerk | 16,800 MXN |
Finance Licensing Manager | 46,200 MXN |
Finance Licensing Specialist | 24,600 MXN |
Finance Manager | 62,800 MXN |
Finance Officer | 23,100 MXN |
Finance President | 69,300 MXN |
Finance Relationship Manager | 55,000 MXN |
Finance Release Analyst | 25,700 MXN |
Finance Specialist | 38,600 MXN |
Finance Team Leader | 52,400 MXN |
Financial Accountant | 22,600 MXN |
Financial Actuary | 37,700 MXN |
Financial Administrator | 39,700 MXN |
Financial Advisor | 44,000 MXN |
Financial Analyst | 40,700 MXN |
Financial Applications Specialist | 29,500 MXN |
Financial Assistant | 19,800 MXN |
Financial Associate | 21,800 MXN |
Financial Associate | 18,700 MXN |
Financial Claims Analyst | 32,500 MXN |
Financial Claims Manager | 40,500 MXN |
Financial Claims Supervisor | 39,100 MXN |
Financial Clerk | 17,700 MXN |
Financial Commercial Analyst | 33,000 MXN |
Financial Compliance Analyst | 39,500 MXN |
Financial Compliance Officer | 37,100 MXN |
Financial Consultant | 31,100 MXN |
Financial Controller | 36,700 MXN |
Financial Controller | 37,900 MXN |
Financial Coordinator | 22,400 MXN |
Financial Customer Service Manager | 42,000 MXN |
Financial Data Scientist | 45,200 MXN |
Financial Dealer and Broker | 26,000 MXN |
Financial Director | 68,100 MXN |
Financial Encoder | 19,200 MXN |
Financial Manager | 67,500 MXN |
Financial Manager | 62,700 MXN |
Financial Modelling Analyst | 41,100 MXN |
Financial Operations Manager | 60,100 MXN |
Financial Policy Analyst | 35,100 MXN |
Financial Project Manager | 49,500 MXN |
Financial Quantitative Analyst | 41,400 MXN |
Financial Reporting Consultant | 33,700 MXN |
Financial Reporting Manager | 43,200 MXN |
Financial Section Head | 47,100 MXN |
Financial Services Manager | 57,700 MXN |
Financial Services Sales Agent | 26,000 MXN |
Financial Technology Consultant | 37,400 MXN |
Financial Wellness Coach | 45,900 MXN |
FinTech Analyst | 40,100 MXN |
Fixed Assets Administrator | 24,500 MXN |
Forensic Accountant | 27,700 MXN |
Fraud Detection Supervisor | 29,400 MXN |
Fraud Prevention Manager | 45,800 MXN |
Fund Accountant | 22,300 MXN |
Grants Coordinator | 16,900 MXN |
Green Finance Analyst | 35,000 MXN |
Group Financial Manager | 70,000 MXN |
Internal Auditor | 30,700 MXN |
Internal Control Adviser | 37,600 MXN |
Internal Control Officer | 19,600 MXN |
International Tax Director | 57,600 MXN |
Inventory Accountant | 25,200 MXN |
Investment Advisor | 65,000 MXN |
Investment Analyst | 45,200 MXN |
Investment Associate | 41,300 MXN |
Investment Broker | 39,900 MXN |
Investment Fund Manager | 51,700 MXN |
Investment Operations Manager | 55,100 MXN |
Investment Underwriter | 20,500 MXN |
Investor | 29,300 MXN |
Investor Relations Manager | 47,500 MXN |
KYC Team Leader | 46,000 MXN |
Loan Processor | 18,900 MXN |
Management Accountant | 26,800 MXN |
Management Economist | 55,000 MXN |
Paymaster | 18,500 MXN |
Payroll Administrator | 31,200 MXN |
Payroll Benefits Coordinator | 25,700 MXN |
Payroll Billing Manager | 44,200 MXN |
Payroll Clerk | 21,400 MXN |
Payroll Manager | 42,300 MXN |
Payroll Officer | 19,800 MXN |
Payroll Specialist | 24,600 MXN |
Payroll Supervisor | 30,700 MXN |
Pensions Administrator | 25,000 MXN |
Personal Financial Advisor | 36,700 MXN |
Pricing Analyst | 38,300 MXN |
Private Equity Analyst | 40,800 MXN |
Project Accountant | 25,300 MXN |
Proposal Development Coordinator | 21,000 MXN |
Quantitative Trader | 34,000 MXN |
Receivables Accountant | 21,500 MXN |
Regulatory Accountant | 24,600 MXN |
Retirement Plan Analyst | 38,100 MXN |
Revenue Management Specialist | 37,200 MXN |
Revenue Recognition Analyst | 42,900 MXN |
Risk Management Director | 55,300 MXN |
Risk Management Supervisor | 47,300 MXN |
Staff Accountant | 23,500 MXN |
Tax Accountant | 22,500 MXN |
Tax Administrator | 26,700 MXN |
Tax Advisor | 35,500 MXN |
Tax Analyst | 36,900 MXN |
Tax Associate | 19,000 MXN |
Tax Consultant | 36,200 MXN |
Tax Director | 54,700 MXN |
Tax Examiner | 24,900 MXN |
Tax Manager | 45,900 MXN |
Tax Research Manager | 47,800 MXN |
Teller | 14,500 MXN |
Treasury Accountant | 24,600 MXN |
Treasury Analyst | 40,800 MXN |
Underwriter | 16,800 MXN |
Underwriting Assistant | 14,900 MXN |
Vice President of Finance | 65,500 MXN |
Accounting and Finance Jobs Pay Scale and Salaries in Mexico
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/median-and-salary-distribution-monthly-mexico-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
36,500 MXN or more
10% of people earn
30,900 to 36,500 MXN
20% of people earn
18,600 MXN or less
65% of people earn
18,600 to 30,900 MXN
Minimum Salary 13,800 MXN |
Median 32,000 MXN |
Maximum 68,700 MXN |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
All salary figures displayed here are per month except when noted otherwise.
Salary Range, Minimum Wage, and Starting Salary
Salaries in Accounting and Finance in Mexico range from 13,800 MXN (starting average salary) to 68,700 MXN (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Accounting and Finance is 32,000 MXN, implying that half of the workforce in Mexico earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Mexico earn less than 25,100 MXN, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 38,700 MXN, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Mexico. The analysis revealed that roughly 65% of all reported salaries fell within the range of 18,600 MXN to 30,900 MXN. Approximately 20% of salaries were below the 18,600 MXN mark, while 10% ranged from 30,900 MXN to 36,500 MXN. Only 5% of individuals earned a gross salary of 36,500 MXN or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Accounting and Finance in Mexico having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in Mexico, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Mexico costs anywhere from 167,000 MXN to 500,000 MXN and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Accounting and Finance / Mexico
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/salary-comparison-by-gender-monthly-mexico-accounting-and-finance.jpg Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in Mexico, the average difference between the salary of male and female employees is 8%.
Male | | 36,300 MXN |
Female | -7% | 33,600 MXN |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Mexico for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/salary-comparison-by-gender-monthly-mexico.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Mexico
How much are annual salary increments in Mexico for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Mexico are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/annual-salary-increment-rate-mexico-accounting-and-finance.jpg The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Mexico / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/annual-salary-increment-rate-mexico.jpg The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
“The average salary increase in one year (12 months) in Mexico is 5%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Accounting and Finance / Mexico
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/annual-salary-bonus-rate-mexico-accounting-and-finance.jpg
21% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while 79% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus | | 79% |
No Bonus | | 21% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: A graphics designer working for a graphics designing company. | Example: A graphic designer in the marketing department of a hospital. |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Hourly Average Wage / Accounting and Finance / Mexico
200 MXN
per hour The average hourly wage (pay per hour) in Accounting and Finance in Mexico is 200 MXN.This is the rate they get paid for every worked hour.
Hourly Wage = Annual Salary / ( 52 x 5 x 8 )
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working in Accounting and Finance in Mexico is 80 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary Comparison By City
Acapulco | 40,400 MXN |
Acuna | 34,500 MXN |
Aguascalientes | 41,300 MXN |
Boca del Rio | 30,500 MXN |
Buenavista | 33,300 MXN |
Campeche | 34,000 MXN |
Cancun | 40,300 MXN |
Celaya | 37,100 MXN |
Chalco | 31,700 MXN |
Chetumal | 31,100 MXN |
Chicoloapan | 31,800 MXN |
Chihuahua | 46,100 MXN |
Chilpancingo | 32,900 MXN |
Chimalhuacan | 40,100 MXN |
Cholula de Rivadabia | 32,300 MXN |
Ciudad Apodaca | 38,800 MXN |
Ciudad del Carmen | 31,900 MXN |
Ciudad Juarez | 31,600 MXN |
Ciudad Lopez Mateos | 38,900 MXN |
Ciudad Obregon | 36,600 MXN |
Ciudad Santa Catarina | 35,700 MXN |
Ciudad Valles | 29,600 MXN |
Ciudad Victoria | 36,300 MXN |
Coacalco | 35,900 MXN |
Coatzacoalcos | 34,200 MXN |
Colima | 30,200 MXN |
Cordoba | 30,100 MXN |
Cuautitlan Izcalli | 38,800 MXN |
Cuautla | 30,600 MXN |
Cuernavaca | 36,600 MXN |
Culiacan | 41,900 MXN |
Delicias | 29,400 MXN |
Durango | 39,300 MXN |
Ecatepec de Morelos | 47,100 MXN |
Ensenada | 36,000 MXN |
Fresnillo | 28,900 MXN |
General Escobedo | 37,500 MXN |
Gomez Palacio | 35,500 MXN |
Guadalajara | 46,800 MXN |
Guadalupe | 40,100 MXN |
Guaymas | 28,400 MXN |
Hermosillo | 41,000 MXN |
Hidalgo del Parral | 28,000 MXN |
Iguala | 29,000 MXN |
Irapuato | 37,900 MXN |
Ixtapaluca | 36,500 MXN |
Jiutepec | 31,600 MXN |
La Paz | 34,200 MXN |
Leon | 46,700 MXN |
Los Mochis | 35,600 MXN |
Los Reyes la Paz | 35,300 MXN |
Manzanillo | 29,700 MXN |
Matamoros | 38,400 MXN |
Mazatlan | 37,500 MXN |
Merida | 41,100 MXN |
Metepec | 33,600 MXN |
Mexicali | 40,600 MXN |
Mexico City | 47,100 MXN |
Minatitlan | 28,300 MXN |
Monclova | 33,700 MXN |
Monterrey | 46,200 MXN |
Morelia | 39,500 MXN |
Naucalpan | 45,700 MXN |
Navojoa | 28,000 MXN |
Nezahualcoyotl | 46,000 MXN |
Nogales | 33,100 MXN |
Nuevo Laredo | 37,600 MXN |
Oaxaca | 34,700 MXN |
Ojo de Agua | 34,700 MXN |
Orizaba | 28,500 MXN |
Pachuca | 34,600 MXN |
Piedras Negras | 30,700 MXN |
Playa del Carmen | 31,000 MXN |
Poza Rica | 32,100 MXN |
Puebla | 46,800 MXN |
Puerto Vallarta | 33,100 MXN |
Queretaro | 39,900 MXN |
Reynosa | 39,400 MXN |
Salamanca | 31,400 MXN |
Saltillo | 41,100 MXN |
San Cristobal de las Casas | 32,500 MXN |
San Juan del Rio | 29,900 MXN |
San Luis Potosi | 40,500 MXN |
San Luis Rio Colorado | 31,500 MXN |
San Nicolas de los Garza | 38,200 MXN |
San Pablo de las Salinas | 32,700 MXN |
San Pedro Garza Garcia | 28,500 MXN |
Soledad de Graciano Sanchez | 34,600 MXN |
Tampico | 36,100 MXN |
Tapachula | 32,700 MXN |
Tehuacan | 34,500 MXN |
Tepic | 36,800 MXN |
Tijuana | 46,500 MXN |
Tlalnepantla de Baz | 39,900 MXN |
Tlaquepaque | 39,300 MXN |
Toluca | 38,600 MXN |
Tonala | 37,800 MXN |
Torreon | 39,600 MXN |
Tuxtla Gutierrez | 39,100 MXN |
Uruapan | 35,200 MXN |
Veracruz | 38,000 MXN |
Villa Nicolas Romero | 35,800 MXN |
Villahermosa | 37,300 MXN |
Xalapa | 38,100 MXN |
Xico | 37,000 MXN |
Zacatecas | 29,200 MXN |
Zamora de Hidalgo | 29,800 MXN |
Zapopan | 46,400 MXN |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mexico is 9% on average across all career fields.
Private Sector | | 32,000 MXN |
Public Sector | +9% | 34,800 MXN |
Percentage increase and decrease are relative to the previous value
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Accounting and Finance in Mexico?
A good and competitive compensation would range anywhere between 32,000 MXN and 38,700 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for jobs in Accounting and Finance in Mexico ranges from 13,800 MXN to 25,100 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary