Cancún VS Phnom Penh

Cost of Living & Salary Comparison 2026

Cancún
Mexico
35.8
COLI Index
#71
Global Rank
MXN
Currency
Phnom Penh
Cambodia
24.8
COLI Index
#97
Global Rank
USD
Currency

Key Differences

Cost of Living
35.8
24.8
1BR Rent (USD/mo)
$600
$450
Total Deductions
20.1%
0.0%
Exchange Rate
1 MXN = 0.0590 USD
Is Cancún cheaper than Phnom Penh?

Yes, Phnom Penh is 31% cheaper than Cancún based on our cost of living index. Phnom Penh has a COLI of 24.8, while Cancún has a COLI of 35.8. 31% cheaper

Key Takeaways: Cancún vs Phnom Penh

Overall, Phnom Penh is approximately 31% cheaper than Cancún based on our cost of living index. Cancún has a COLI of 35.8 (ranked #71 of 182 cities), while Phnom Penh has a COLI of 24.8 (ranked #97).

When it comes to housing, one-bedroom apartment rent in Cancún averages $600/month compared to $450/month in Phnom Penh. That makes Phnom Penh approximately 25% cheaper for rent alone.

Phnom Penh has lower total deductions (0.0%) compared to Cancún (20.1%), meaning you keep more of your gross salary in Phnom Penh. Cambodia is a tax-free jurisdiction, which is a significant financial advantage. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Cancún

Income Tax
17%
IMSS
2.8%
Total: 20.1%Take-Home: MX$363,384/yr

Phnom Penh

Income Tax
0%
Total: 0.0%Take-Home: $18,600/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn MX$1,270,708 in Cancún, you would need approximately $51,955 in Phnom Penh to maintain the same purchasing power. That is 31% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Cancún (MXN) Phnom Penh (USD)
Doctor (General) MX$1,091,792 $44,640
Software Engineer MX$515,569 $21,080
Product Manager MX$606,551 $24,800
Lawyer MX$606,551 $24,800
Data Scientist MX$576,224 $23,560
Marketing Manager MX$436,717 $17,856
Teacher MX$291,145 $11,904
Nurse MX$351,800 $14,384

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Cancún (Top 5)

NeighborhoodMultiplier
Zona Hotelera1.35x (+35%)
Puerto Cancún1.28x (+28%)
Playa Mujeres1.22x (+22%)
Isla Mujeres1.15x (+15%)
Punta Sam1.08x (+8%)

Phnom Penh (Top 5)

NeighborhoodMultiplier
BKK11.30x (+30%)
Tonle Bassac1.22x (+22%)
Daun Penh (Riverside)1.15x (+15%)
BKK21.10x (+10%)
Toul Tom Poung (Russian Market)1.05x (+5%)

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Frequently Asked Questions

Is Cancún or Phnom Penh more expensive?

Cancún is more expensive overall. Cancún has a COLI of 35.8 while Phnom Penh has a COLI of 24.8, making Phnom Penh approximately 31% cheaper.

What salary in Phnom Penh equals MX$1,270,708 in Cancún?

To maintain the same standard of living as MX$1,270,708 in Cancún, you would need approximately $51,955 in Phnom Penh.

Is rent cheaper in Cancún or Phnom Penh?

Average one-bedroom rent in Cancún is $600/month compared to $450/month in Phnom Penh. Phnom Penh has lower rent by approximately 25%.

Which city has lower taxes, Cancún or Phnom Penh?

Phnom Penh has lower total deductions (0.0%) compared to Cancún (20.1%), meaning you keep more of your gross salary in Phnom Penh. Cambodia is a tax-free jurisdiction, which is a significant financial advantage.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.