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Minimum wage to increase to 207 peso per day starting 2023

Mexico City, Mexico — The minimum wage across Mexico is set to increase at the start of the New Year. As of January 1, the minimum wage in Mexico will increase 20 percent.

Currently, workers are paid 172 peso per day. As of January 1, that bottom line figure will increase to 207 peso per day, an increase of around 35 peso per day.

The increase announcement was made Thursday by Luisa María Alcalde Luján, head of the Ministry of Labor and Social Prevention (STPS), who confirmed the increase will take place as of January 1, 2023.

This increase will place Mexico in the 50th position out of 135 countries, the secretary explained.