๐จ๐ฆ Canada vs ๐ฒ๐ฝ Mexico
Tax comparison for a $50,000 salary (USD)
Canada
Mexico
You would take home $1,130 more per year in Mexico compared to Canada.
That's $94 more per month.
Detailed Comparison
| Metric | ๐จ๐ฆ Canada | ๐ฒ๐ฝ Mexico |
|---|---|---|
| Gross Salary | $49,700 | $51,050 |
| Income Tax | $9,078 | $12,034 |
| Employee SS | $2,794 | $59 |
| Net Income | $37,828 | $38,958 |
| Employer SS | $3,061 | $302 |
| Cost to Employer | $52,761 | $51,352 |
| Effective Rate | 23.9% | 23.7% |
| Total Tax Take | 28.3% | 24.1% |
| Monthly Net | $3,152 | $3,246 |
| Daily Net | $145 | $150 |
| Hourly Net | $18 | $19 |
| PPP-Adjusted | $46,405 | $80,460 |
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๐จ๐ฆ Canada
๐ฒ๐ฝ Mexico
Canada vs Mexico Tax Comparison: Key Insights
On a USD 50,000 salary, Mexico offers the higher take-home pay at $38,958 per year (23.7% effective rate), compared to Canada where you'd take home $37,828 (23.9% effective rate).
That's a difference of $1,130 per year ($94/month). However, take-home pay is only part of the picture โ cost of living, public services, healthcare quality, and quality of life all vary significantly. Use our Disposable Income Calculator for a PPP-adjusted comparison.
Comparison based on OECD data for 2026, calculated for a single employed individual with no dependants. Actual tax obligations may vary based on deductions, credits, and personal circumstances.
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