Mexico vs Spain: tax rates and take-home pay (2026)
On MX$1,800,000 (about €88,844) you take home MX$1,293,566 in Mexico and €58,883 in Spain (about MX$1,192,980) — Mexico leaves you 8% more.
You keep more in Spain up to about MX$450,000, and more in Mexico above that.
Take-home pay at eight salary levels
| Salary (USD) | Mexico | Spain | Difference |
|---|---|---|---|
| $25K | MX$364,013 | €18,146 | Spain +1% |
| $40K | MX$552,977 | €26,857 | Mexico +2% |
| $60K | MX$815,976 | €38,764 | Mexico +4% |
| $80K | MX$1,023,514 | €47,654 | Mexico +6% |
| $100K | MX$1,293,566 | €58,883 | Mexico +8% |
| $150K | MX$1,887,566 | €84,144 | Mexico +11% |
| $200K | MX$2,481,566 | €109,403 | Mexico +12% |
| $300K | MX$3,601,643 | €157,117 | Mexico +13% |
Cost of living
Compare the cost of living in Mexico City and BarcelonaMore comparisons
More for Mexico
More for Spain
Frequently asked questions
Is tax higher in Mexico or Spain?
At MX$1,800,000, Mexico takes less of your pay: you keep 72% there, against 66% in Spain.
What is the top tax rate in Mexico and Spain?
The top income tax rate is 35% in Mexico and 45% in Spain.
How much do I take home on MX$1,800,000 in each?
On MX$1,800,000 (about €88,844) you take home MX$1,293,566 in Mexico and €58,883 in Spain (about MX$1,192,980).
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details