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🇲🇽 Mexico Tax Calculator 2026

Calculate your take-home pay, income tax, and social security contributions in Mexico.

MXN

Tax Breakdown for MXN500,000

Annual gross salary in Mexico

82.8%
16.9%
Take-Home Pay Income Tax Social Security
Gross Salary MXN500,000
Employee Social Security −MXN1,172
Income Tax −MXN84,674
Net Annual Pay MXN414,154

Take-Home Pay Breakdown

Monthly
MXN34,513
Bi-weekly
MXN15,929
Weekly
MXN7,965
Daily
MXN1,593
Hourly
MXN199.11
Effective Tax Rate
17.2%
of gross income goes to tax & SS
Cost to Employer
MXN506,047
incl. MXN6,047 employer SS
Total Tax Take
18.2%
of total employer cost
PPP-Adjusted Value
$42,768
equivalent US purchasing power

Mexico Tax at Different Salary Levels

Gross Salary Income Tax Employee SS Net Income Effective Rate Monthly Net
MXN25,000 MXN0 MXN312 MXN24,688 1.3% MXN2,057
MXN50,000 MXN0 MXN624 MXN49,376 1.3% MXN4,115
MXN75,000 MXN0 MXN936 MXN74,064 1.3% MXN6,172
MXN100,000 MXN1,553 MXN1,172 MXN97,275 2.7% MXN8,106
MXN150,000 MXN8,404 MXN1,172 MXN140,424 6.4% MXN11,702
MXN200,000 MXN18,261 MXN1,172 MXN180,567 9.7% MXN15,047

Mexico Tax Rate by Income

Total effective tax rate (income tax + employee social security) as a percentage of gross income.

Mexico Income Tax Brackets 2026

Up to MXN4,329 0%
MXN7,735 – MXN65,651 1.0%
MXN65,651 – MXN115,375 6.0%
MXN115,375 – MXN134,119 10.0%
MXN134,119 – MXN160,577 16.0%
MXN160,577 – MXN323,862 17.0%
MXN323,862 – MXN510,451 21.0%
MXN510,451 – MXN974,535 23.0%
MXN974,535 – MXN1,299,380 30.0%
MXN1,299,380 – MXN3,898,140 32.0%
Over MXN3,898,140 34.0%
Band 11 35.0%

Social Security Contributions

Employee Contribution
1.7%
Employer Contribution
7.6%
Combined Rate
9.2%

Compare Mexico Tax With Other Countries

About Income Tax in Mexico (2026)

Mexico uses the MXN (MXN) as its currency and has a Purchasing Power Parity index of 9.68 relative to the US Dollar. With a top marginal tax rate of 35.0%, Mexico maintains a moderate tax environment that balances public spending with economic competitiveness.

Workers in Mexico benefit from a tax-free personal allowance of MXN4,329, meaning income below this threshold is not subject to income tax. The employee social security contribution rate is 1.7%, and the employer contribution rate is 7.6%, giving a combined rate of 9.2% that employers should factor into total employment costs.

How to use this Mexico tax calculator

Enter your annual gross salary in MXN above and click "Calculate" to see your tax breakdown. The calculator shows your income tax, employee social security, and net take-home pay, broken down by month, bi-weekly, weekly, daily, and hourly. For international comparisons, use the country comparison tool to see how Mexico stacks up.

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Disclaimer: This calculator provides approximations based on OECD data for 2026 for a single individual with no children, employed full-time as a tax resident. It does not account for additional deductions, surtaxes, tax credits, or lump-sum taxes. For precise calculations, consult a qualified tax professional in Mexico.

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