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Mexico’s general minimum wage in 2024 was $248.93 pesos per day.
Mexico’s minimum wage can have regional variations. For example, the Northern Border Zone, which is any municipalities in Mexican states that border the U.S., has a higher minimum wage than the rest of Mexico. In 2022, Northern Border Zone minimum wage was $32 pesos an hour. This is $11 pesos more per hour than the general minimum wage.
Mexico’s minimum wage has increased in the last 5 years. Minimum wage in the last 5 years is as follows:
| Date | Min. wage, hourly rate (Peso) |
|---|---|
| 2023 | $25.00 pesos per hour |
| 2022 | $21.50 pesos per hour |
| 2021 | $17.62 pesos per hour |
| 2020 | $15.37 pesos per hour |
| 2019 | $12.75 pesos per hour |
Mexico is bordered by Guatemala and Belize in the south. Guatemala minimum wage is about $1.40 USD per hour. Belize minimum wage is $1.64 USD per hour.
Compared to Mexico this is on par. When converted to USD, minimum wage in Mexico is $1.26 USD per hour.
The US borders Mexico in the north, and minimum wage in the US is dependent upon the state you work in. For example, Texas minimum wage is $7.25 USD per hour. In Arizona, another bordering state of Mexico, minimum wage is $12.80 USD per hour. Lastly, and on the high end, California is $14 USD per hour.
No, foreign workers and non-foreign workers have the right to the same minimum wage requirement.
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Your business can easily hire employees in Mexico without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
The median salary in Mexico is around $120 pesos an hour. Compared to $25 pesos per hour as the minimum wage.
Hiring skilled employees close to the minimum wage in Mexico can be difficult. It is recommended to offer closer to the median wage to recruit highly skilled employees.
Mexico – Minimum Wage Over the Years
