Manager salary in Mexico
Gross annual earnings — 2024 · Americas · Source: INEGI Mexico 2024
Manager salary in Mexico over time
Manager salary — Americas comparison
How Mexico compares to other Americas countries
| Country | Average salary (2024) | vs Mexico |
|---|---|---|
| Mexico | MXN 620,000/yr | — |
| Colombia | COP 85,000,000/yr | local currency |
| Chile | CLP 36,000,000/yr | local currency |
| Argentina | ARS 16,000,000/yr | local currency |
| Uruguay | UYU 1,800,000/yr | local currency |
| Brazil | BRL 125,000/yr | local currency |
| Canada | CAD 118,000/yr | local currency |
| United States | USD 115,000/yr | local currency |
| Peru | PEN 82,000/yr | local currency |
Manager salary worldwide
Frequently asked questions about Manager salaries in Mexico
What is the average Manager salary in Mexico in 2024?
The average manager salary in Mexico in 2024 is MXN 620,000 per year (MXN 51,667 per month, or MXN 11,923 per week). This figure represents gross annual earnings before income tax and social contributions. Source: INEGI Mexico 2024.
What is the salary range for a Manager in Mexico?
Managers in Mexico earn between MXN 465,000 and MXN 837,000 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.
How much does a Manager earn per month in Mexico?
A manager in Mexico earns approximately MXN 51,667 per month (gross) in 2024, based on an annual average of MXN 620,000. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Mexico.
What is the entry-level Manager salary in Mexico?
Entry-level managers in Mexico typically earn between MXN 465,000 and MXN 527,000 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.
Is the Manager salary in Mexico increasing?
Yes. Based on available data, Manager salaries in Mexico have grown by approximately 10% between 2024 and 2026, reflecting ongoing demand and wage growth trends.
Is MXN 620,000 a good salary for a Manager in Mexico?
Whether MXN 620,000 per year is a good manager salary in Mexico depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.
How does the Manager salary in Mexico compare to other Americas countries?
Mexico's manager salary of MXN 620,000/yr (among comparable economies) is higher than 4 countries and lower than 4 countries in the Americas region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.