Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Mexico City

Mexico

COL index 38.4

vs
São Paulo

Brazil

COL index 38.8

Mexico City vs São Paulo — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Mexico City is 1.0% cheaper than São Paulo for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for salaryBetter for cost
Mexico CityMetricSão PauloΔ
38.4Cost of living index38.8+1.0%
€50,000Median gross salary€50,0000.0%
€46,384Net at €50,000 gross€41,116-11.4%
€780Rent — 1BR centre€720-7.7%
€1,157Monthly COL (single)€1,102-4.8%
€120,791PPP — net / COL€105,969-12.3%
7.2%Effective tax @ €50,00017.8%+145.7%
§ 02

Monthly expenses — paired

Mexico City São Paulo
Rent — 1BR centre
Mexico City
€780
São Paulo
€720
Groceries
Mexico City
€205
São Paulo
€208
Utilities
Mexico City
€108
São Paulo
€112
Transport
Mexico City
€24
São Paulo
€22
Internet
Mexico City
€18
São Paulo
€18
Gym
Mexico City
€22
São Paulo
€22
§ 03

Salary equivalence

50,000 gross in Mexico = €3,865 net monthly.

To have the same purchasing power in São Paulo, you would need roughly €58,401 gross in Brazil (≈ €3,906 net monthly, adjusted for cost-of-living index).

€50,000
Mexico City
€46,384
Net annual · 7.2% effective
PPP-adjusted equivalent
€120,791
São Paulo
€41,116
Net annual · 17.8% effective
PPP-adjusted equivalent
€105,969
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§ 04

Pros & cons

Mexico City
  • +Low overall cost of living (index 38)
  • +Favourable tax rate (7.2%)
São Paulo
  • +Lower rent (€720 vs €780)
  • +Low overall cost of living (index 39)
  • +Favourable tax rate (17.8%)
§ 05

The verdict

Across the data, Mexico City delivers a higher take-home on a €50,000 gross salary; Mexico City carries a lower cost-of-living index; Mexico City has the lighter effective tax burden; Mexico City wins on purchasing power after costs are netted out. If purchasing power is your north star, Mexico City edges it.

§ 06

Frequently asked

Is Mexico City cheaper than São Paulo?+

Mexico City is cheaper. Cost-of-living index: Mexico City 38.4, São Paulo 38.8 — a 1.0% difference (Q1 2026).

What is the cost of living difference between Mexico City and São Paulo?+

Mexico City sits at 38.4 on our COL index, São Paulo at 38.8. That works out to roughly 1.0% — Mexico City being the cheaper of the two.

Is Mexico City a good place to live compared to São Paulo?+

It depends on priorities. Mexico City delivers €46,384 net on a €50,000 gross salary at a 7.2% effective tax rate. São Paulo delivers €41,116 at 17.8%. Centre 1-bed rent: €780 vs €720.

How do salaries compare in Mexico City vs São Paulo?+

On a €50,000 gross salary, take-home is €46,384/year (€3,865/month) in Mexico City and €41,116/year (€3,426/month) in São Paulo.

Which city has lower taxes, Mexico City or São Paulo?+

Mexico has the lower effective rate at €50,000: Mexico 7.2%, Brazil 17.8%.

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