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Average Salary in Boca del Rio 2023

How much money does a person working in Boca del Rio make?

Average Monthly Salary
29,400 MXN
( 352,000 MXN yearly)

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 Boca del Rio typically earns around 29,400 MXN. Salaries range from 7,430 MXN (lowest average) to 131,000 MXN (highest average, actual maximum salary is higher).

Salary Variance

This is the average salary including housing, transport, and other benefits. Salaries in Boca del Rio vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Pay Scale and Salaries in Boca del Rio

Median and salary distribution Boca del Rio monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
56,300 MXN or more
10% of people earn
44,100 to 56,300 MXN
20% of people earn
17,100 MXN or less
65% of people earn
17,100 to 44,100 MXN
Minimum Salary
7,430 MXN
25,800 MXN
131,000 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 Boca del Rio range from 7,430 MXN (starting salary) to 131,000 MXN (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 25,800 MXN, which means that 50% of the population in Boca del Rio earns less than that while the other half earns more. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population in Boca del Rio earn less than 18,600 MXN while 75% of them earn more. Also from the diagram, 75% of the population earn less than 39,100 MXN while 25% earn more than that.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Boca del Rio. Around 65% of all reported figures are in the range 17,100 MXN to 44,100 MXN. Approximately 20% fall under the 17,100 MXN cap. Ten percent of wages are from 44,100 MXN to 56,300 MXN. Only 5% of people grossed 56,300 MXN or more.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.

In Boca del Rio, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.

Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.

After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.

These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments.

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.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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.

The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?

We conducted a study in Boca del Rio comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.

Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.

Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.

Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.

Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job.

Is investing in a Master's degree or an MBA worth it? Is pursuing higher education worth the investment?

Earning a Master's degree or any post-graduate qualification in Mexico is a substantial financial commitment, with tuition fees ranging from 166,000 MXN to 498,000 MXN and a duration of around two years. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Salary reviews are typically conducted after completing the program and obtaining the degree.

Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.

Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year.

Salary and Compensation Comparison By Gender / Boca del Rio

Salary comparison by gender Mexico monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In Mexico, the average difference between the salary of male and female employees is 14% across all career fields.

35,500 MXN
31,100 MXN
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Mexico

How much are annual salary increments in Mexico? How often do employees get salary raises?


Employees in Mexico are likely to observe a salary increase of approximately 8% every 18 months.

Annual Salary Increment Rate Mexico
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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.

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%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Mexico for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Average Salary Increase Rate by Experience Level

Junior Level
3% - 5%
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 in Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico
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49% of surveyed staff in Mexico reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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.

Bonus Rates Comparison by Career Field

Business Development
Marketing / Advertising
Information Technology
Customer Service
Human Resources

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

A graphics designer working for a graphics designing company.

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.

Salary Trend and Forecast in Mexico

How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
30,300 MXN
Average Salary 2020+2%
30,900 MXN
Average Salary 2021+3%
31,800 MXN
Average Salary 2022+2%
32,300 MXN
Percentage increase and decrease are relative to the previous value

Salaries in Mexico are on the rise in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.

Salary trends and forecast monthly Mexico
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Salaries for popular jobs. Salaries by occupations.

Job TitleAverage Salary
Accounting and Finance
Accountant19,400 MXN
Accounting Assistant14,900 MXN
Accounting Manager43,700 MXN
Bookkeeper12,600 MXN
Chartered Accountant26,100 MXN
Corporate Treasurer38,700 MXN
Financial Analyst34,800 MXN
Financial Manager55,900 MXN
Internal Auditor26,700 MXN

Administration / Reception / Secretarial
Administrative Assistant14,300 MXN
Office Manager24,100 MXN
Receptionist11,100 MXN
Secretary12,600 MXN

Advertising / Graphic Design / Events
Art Director28,800 MXN
Creative Director27,300 MXN
Graphic Designer17,200 MXN
Photographer16,000 MXN

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer35,600 MXN
Air Traffic Controller29,900 MXN
Flight Attendant19,600 MXN
Pilot48,400 MXN

Architect32,600 MXN
CAD Drafter14,000 MXN

Mechanic10,100 MXN
Service Advisor19,700 MXN

Bank Branch Manager51,800 MXN
Teller10,400 MXN

Teacher22,600 MXN
Translator26,100 MXN

Business Planning
Business Analyst34,100 MXN
Business Development Manager43,400 MXN
Project Manager31,200 MXN

Care Giving and Child Care
Nanny11,300 MXN
Nursery Teacher10,700 MXN

Construction / Building / Installation
Civil Engineer26,400 MXN
Construction Project Manager46,400 MXN
Health and Safety Officer12,400 MXN

Customer Service and Call Center
Call Center Representative10,500 MXN
Customer Service Manager37,800 MXN
Customer Service Representative10,300 MXN

Electrical Engineer26,300 MXN
Engineer26,800 MXN
Mechanical Engineer26,200 MXN

Executive and Management
Chief Executive Officer60,700 MXN
Chief Financial Officer59,700 MXN
General Manager49,000 MXN

Food / Hospitality / Tourism / Catering
Chef17,100 MXN
Executive Chef20,900 MXN
Hotel Manager53,000 MXN
Travel Agent17,800 MXN
Waiter / Waitress8,710 MXN

Health and Medical
Dentist68,800 MXN
Dietitian52,700 MXN
Laboratory Technician20,800 MXN
Nurse22,500 MXN

Human Resources
Human Resources Manager43,700 MXN
Human Resources Officer17,700 MXN

Information Technology
Computer Technician21,000 MXN
Database Administrator27,000 MXN
Developer / Programmer28,300 MXN
Information Technology Manager45,500 MXN
Network Engineer23,500 MXN

Law Enforcement / Security / Fire
Police Officer16,400 MXN

Attorney53,300 MXN
Legal Assistant15,500 MXN

Media / Broadcasting / Arts / Entertainment
Journalist31,000 MXN

Pharmaceutical and Biotechnology
Biomedical Engineer25,200 MXN
Pharmacist36,300 MXN

Sales Retail and Wholesale
Cashier11,000 MXN
Sales Manager50,000 MXN
Sales Representative18,400 MXN

Teaching / Education
Elementary School Teacher19,200 MXN
Secondary School Teacher23,100 MXN

Average Hourly Wage in Boca del Rio

170 MXN per hour

The average hourly wage (pay per hour) for all employees in Boca del Rio is 170 MXN.This is the rate that the average individual gets 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 a person in Boca del Rio is 43 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Boca del Rio VS Mexico

29,400 MXN
33,200 MXN
Average Salary
Boca del Rio
Average Salary
The difference in average salary between Boca del Rio and Mexico is 12%. Salary Comparison Between Boca del Rio and Mexico
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Salary Comparison By City

CityAverage Salary
Acapulco39,000 MXN
Acuna33,200 MXN
Aguascalientes39,800 MXN
Boca del Rio29,400 MXN
Buenavista32,100 MXN
Campeche32,700 MXN
Cancun38,900 MXN
Celaya35,700 MXN
Chalco30,500 MXN
Chetumal30,000 MXN
Chicoloapan30,600 MXN
Chihuahua44,400 MXN
Chilpancingo31,700 MXN
Chimalhuacan38,600 MXN
Cholula de Rivadabia31,100 MXN
Ciudad Apodaca37,300 MXN
Ciudad del Carmen30,800 MXN
Ciudad Juarez30,500 MXN
Ciudad Lopez Mateos37,500 MXN
Ciudad Obregon35,300 MXN
Ciudad Santa Catarina34,400 MXN
Ciudad Valles28,500 MXN
Ciudad Victoria34,900 MXN
Coacalco34,600 MXN
Coatzacoalcos32,900 MXN
Colima29,100 MXN
Cordoba29,000 MXN
Cuautitlan Izcalli37,400 MXN
Cuautla29,500 MXN
Cuernavaca35,300 MXN
Culiacan40,300 MXN
Delicias28,300 MXN
Durango37,900 MXN
Ecatepec de Morelos45,400 MXN
Ensenada34,700 MXN
Fresnillo27,900 MXN
General Escobedo36,200 MXN
Gomez Palacio34,200 MXN
Guadalajara45,100 MXN
Guadalupe38,700 MXN
Guaymas27,300 MXN
Hermosillo39,500 MXN
Hidalgo del Parral27,000 MXN
Iguala27,900 MXN
Irapuato36,600 MXN
Ixtapaluca35,200 MXN
Jiutepec30,500 MXN
La Paz32,900 MXN
Leon44,900 MXN
Los Mochis34,300 MXN
Los Reyes la Paz34,000 MXN
Manzanillo28,600 MXN
Matamoros37,000 MXN
Mazatlan36,100 MXN
Merida39,600 MXN
Metepec32,400 MXN
Mexicali39,200 MXN
Mexico City45,300 MXN
Minatitlan27,300 MXN
Monclova32,400 MXN
Monterrey44,600 MXN
Morelia38,000 MXN
Naucalpan44,000 MXN
Navojoa27,000 MXN
Nezahualcoyotl44,300 MXN
Nogales31,900 MXN
Nuevo Laredo36,200 MXN
Oaxaca33,400 MXN
Ojo de Agua33,500 MXN
Orizaba27,500 MXN
Pachuca33,300 MXN
Piedras Negras29,600 MXN
Playa del Carmen29,800 MXN
Poza Rica30,900 MXN
Puebla45,100 MXN
Puerto Vallarta31,900 MXN
Queretaro38,400 MXN
Reynosa38,000 MXN
Salamanca30,200 MXN
Saltillo39,600 MXN
San Cristobal de las Casas31,300 MXN
San Juan del Rio28,800 MXN
San Luis Potosi39,000 MXN
San Luis Rio Colorado30,300 MXN
San Nicolas de los Garza36,800 MXN
San Pablo de las Salinas31,500 MXN
San Pedro Garza Garcia27,400 MXN
Soledad de Graciano Sanchez33,400 MXN
Tampico34,800 MXN
Tapachula31,500 MXN
Tehuacan33,200 MXN
Tepic35,500 MXN
Tijuana44,800 MXN
Tlalnepantla de Baz38,400 MXN
Tlaquepaque37,900 MXN
Toluca37,200 MXN
Tonala36,400 MXN
Torreon38,100 MXN
Tuxtla Gutierrez37,700 MXN
Uruapan33,900 MXN
Veracruz36,600 MXN
Villa Nicolas Romero34,500 MXN
Villahermosa35,900 MXN
Xalapa36,700 MXN
Xico35,700 MXN
Zacatecas28,100 MXN
Zamora de Hidalgo28,700 MXN
Zapopan44,700 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
31,900 MXN
Public Sector+9%
34,600 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 Boca del Rio?

It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Boca del Rio would range anywhere between 25,800 MXN and 39,100 MXN.

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 in Boca del Rio ranges from 18,600 MXN to 39,100 MXN. The base salary depends on many factors including profession, 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

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