Cancún VS Singapore

Cost of Living & Salary Comparison 2026

Cancún
Mexico
35.8
COLI Index
#71
Global Rank
MXN
Currency
Singapore
Singapore
87.7
COLI Index
#5
Global Rank
SGD
Currency

Key Differences

Cost of Living
35.8
87.7
1BR Rent (USD/mo)
$600
$2,200
Total Deductions
20.1%
24.7%
Exchange Rate
1 MXN = 0.0769 SGD
Is Cancún cheaper than Singapore?

Yes, Cancún is 59% cheaper than Singapore based on our cost of living index. Cancún has a COLI of 35.8, while Singapore has a COLI of 87.7. 59% cheaper

Key Takeaways: Cancún vs Singapore

Overall, Cancún is approximately 59% cheaper than Singapore based on our cost of living index. Cancún has a COLI of 35.8 (ranked #71 of 182 cities), while Singapore has a COLI of 87.7 (ranked #5).

When it comes to housing, one-bedroom apartment rent in Cancún averages $600/month compared to $2,200/month in Singapore. That makes Cancún approximately 73% cheaper for rent alone.

Cancún has lower total deductions (20.1%) compared to Singapore (24.7%), meaning you keep more of your gross salary in Cancún. 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

Singapore

Income Tax
5%
CPF (Employee Share)
20.0%
Total: 24.7%Take-Home: S$64,545/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 S$239,346 in Singapore to maintain the same purchasing power. That is 59% more due to higher 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) Singapore (SGD)
Doctor (General) MX$1,091,792 S$205,646
Software Engineer MX$515,569 S$97,111
Product Manager MX$606,551 S$114,248
Lawyer MX$606,551 S$114,248
Data Scientist MX$576,224 S$108,535
Marketing Manager MX$436,717 S$82,258
Teacher MX$291,145 S$54,839
Nurse MX$351,800 S$66,264

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%)

Singapore (Top 5)

NeighborhoodMultiplier
Sentosa1.40x (+40%)
Marina Bay1.35x (+35%)
Orchard Road1.30x (+30%)
Raffles Place1.25x (+25%)
Dempsey Hill1.22x (+22%)

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Frequently Asked Questions

Is Cancún or Singapore more expensive?

Singapore is more expensive overall. Cancún has a COLI of 35.8 while Singapore has a COLI of 87.7, making Cancún approximately 59% cheaper.

What salary in Singapore 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 S$239,346 in Singapore.

Is rent cheaper in Cancún or Singapore?

Average one-bedroom rent in Cancún is $600/month compared to $2,200/month in Singapore. Cancún has lower rent by approximately 73%.

Which city has lower taxes, Cancún or Singapore?

Cancún has lower total deductions (20.1%) compared to Singapore (24.7%), meaning you keep more of your gross salary in Cancún.

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.