Mexico City VS Raleigh

Cost of Living & Salary Comparison 2026

Mexico City
Mexico
32.5
COLI Index
#76
Global Rank
MXN
Currency
Raleigh
United States
58.6
COLI Index
#48
Global Rank
USD
Currency

Key Differences

Cost of Living
32.5
58.6
1BR Rent (USD/mo)
$700
$1,450
Total Deductions
19.5%
23.6%
Exchange Rate
1 MXN = 0.0590 USD
Is Mexico City cheaper than Raleigh?

Yes, Mexico City is 45% cheaper than Raleigh based on our cost of living index. Mexico City has a COLI of 32.5, while Raleigh has a COLI of 58.6. 45% cheaper

Key Takeaways: Mexico City vs Raleigh

Overall, Mexico City is approximately 45% cheaper than Raleigh based on our cost of living index. Mexico City has a COLI of 32.5 (ranked #76 of 182 cities), while Raleigh has a COLI of 58.6 (ranked #48).

When it comes to housing, one-bedroom apartment rent in Mexico City averages $700/month compared to $1,450/month in Raleigh. That makes Mexico City approximately 52% cheaper for rent alone.

Mexico City has lower total deductions (19.5%) compared to Raleigh (23.6%), meaning you keep more of your gross salary in Mexico City. 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.

Mexico City

Income Tax
17%
IMSS
2.8%
Total: 19.5%Take-Home: MX$332,479/yr

Raleigh

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
State Income Tax (NC)
4.5%
Total: 23.6%Take-Home: $33,568/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 Mexico City, you would need approximately $135,231 in Raleigh to maintain the same purchasing power. That is 45% 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 Mexico City (MXN) Raleigh (USD)
Doctor (General) MX$991,152 $105,480
Software Engineer MX$468,044 $49,810
Product Manager MX$550,640 $58,600
Lawyer MX$550,640 $58,600
Data Scientist MX$523,108 $55,670
Marketing Manager MX$396,461 $42,192
Teacher MX$264,307 $28,128
Nurse MX$319,371 $33,988

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

Neighborhoods

Mexico City (Top 5)

NeighborhoodMultiplier
Polanco1.35x (+35%)
Lomas de Chapultepec1.30x (+30%)
Condesa1.22x (+22%)
Pedregal1.22x (+22%)
Roma Norte1.18x (+18%)

Raleigh (Top 5)

NeighborhoodMultiplier
Chapel Hill1.25x (+25%)
Glenwood South1.22x (+22%)
Downtown Raleigh1.20x (+20%)
North Hills1.18x (+18%)
ITB (Inside the Beltline)1.18x (+18%)

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Frequently Asked Questions

Is Mexico City or Raleigh more expensive?

Raleigh is more expensive overall. Mexico City has a COLI of 32.5 while Raleigh has a COLI of 58.6, making Mexico City approximately 45% cheaper.

What salary in Raleigh equals MX$1,270,708 in Mexico City?

To maintain the same standard of living as MX$1,270,708 in Mexico City, you would need approximately $135,231 in Raleigh.

Is rent cheaper in Mexico City or Raleigh?

Average one-bedroom rent in Mexico City is $700/month compared to $1,450/month in Raleigh. Mexico City has lower rent by approximately 52%.

Which city has lower taxes, Mexico City or Raleigh?

Mexico City has lower total deductions (19.5%) compared to Raleigh (23.6%), meaning you keep more of your gross salary in Mexico City.

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.