Mexico vs Peru: tax rates and take-home pay (2026)
On MX$1,800,000 (about PEN 342,744) you take home MX$1,293,566 in Mexico and PEN 255,485 in Peru (about MX$1,341,740) — Peru leaves you 4% more.
You keep more in Peru up to about MX$2,700,000, and more in Mexico above that.
Take-home pay at eight salary levels
| Salary (USD) | Mexico | Peru | Difference |
|---|---|---|---|
| $25K | MX$364,013 | PEN 72,379 | Peru +4% |
| $40K | MX$552,977 | PEN 110,130 | Peru +5% |
| $60K | MX$815,976 | PEN 165,307 | Peru +6% |
| $80K | MX$1,023,514 | PEN 206,755 | Peru +6% |
| $100K | MX$1,293,566 | PEN 255,485 | Peru +4% |
| $150K | MX$1,887,566 | PEN 360,756 | About the same |
| $200K | MX$2,481,566 | PEN 466,028 | Mexico +1% |
| $300K | MX$3,601,643 | PEN 664,873 | Mexico +3% |
Cost of living
Compare the cost of living in Mexico City and LimaMore comparisons
More for Mexico
More for Peru
Frequently asked questions
Is tax higher in Mexico or Peru?
At MX$1,800,000, Peru takes less of your pay: you keep 75% there, against 72% in Mexico.
What is the top tax rate in Mexico and Peru?
The top income tax rate is 35% in Mexico and 30% in Peru.
How much do I take home on MX$1,800,000 in each?
On MX$1,800,000 (about PEN 342,744) you take home MX$1,293,566 in Mexico and PEN 255,485 in Peru (about MX$1,341,740).
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details