Average Budget Analyst Salary in Mexico City, Mexico for 2026

In this article, we will look at the average Budget Analyst salary for 2026 in Mexico City and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Budget Analyst Make in Mexico City?

A Budget Analyst working in Mexico City will typically earn around 544,800 MXN per year, and this can range from the lowest average salary of about 275,500 MXN to the highest average salary of 839,500 MXN.

Average Annual Salary544,800 MXN
Average Monthly Salary45,400 MXN
Average Lowest Salary275,500 MXN
Lowest Monthly Salary22,958 MXN
Average Highest Salary839,500 MXN
Highest Monthly Salary69,958 MXN

These are average salaries for a Budget Analyst in Mexico City and include benefits such as housing and transport. It's also possible for a Budget Analyst to earn more or less than the average salaries shown above.

Budget Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Budget Analyst Salaries in Mexico City

So we've looked at the average salaries a Budget Analyst will earn in Mexico City. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Budget Analyst can earn between 275,500 MXN and 839,500 MXN on average in Mexico City. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Budget Analyst in Mexico City is 531,700 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 531,700 MXN, and 50% of the population earn more than 531,700 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Budget Analyst salary in Mexico City, 25% of the population are earning less than 363,000 MXN while 75% of the population earn more than 363,000 MXN.

75% of the population earn less than 671,000 MXN, and 25% of the population earn more than 671,000 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Budget Analyst Salary by Experience Level in Mexico City

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Budget Analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Budget Analyst in Mexico City that has less than two years of experience can expect to earn somewhere in the region of 312,400 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Budget Analyst salary would increase to 407,100 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Budget Analyst, the average salary would be 566,900 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 684,900 MXN.
  • 15 - 20 Years Experience. A Budget Analyst with 15 to 20 years of experience can earn an average of 743,100 MXN.
  • 20+ Years Experience. For a Budget Analyst with more than 20 years, the expected average salary increases to 800,200 MXN.

Average Salary by Experience Chart

0-2 Years-
312,400 MXN
2-5 Years+31%
407,100 MXN
5-10 Years+40%
566,900 MXN
10-15 Years+20%
684,900 MXN
15-20 Years+9%
743,100 MXN
20+ Years+8%
800,200 MXN

Budget Analyst Salary by Education Level in Mexico City

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Budget Analyst in Mexico City based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Budget Analyst in Mexico City with a bachelor's degree education can earn an average salary of 382,600 MXN.
  • Master's Degree. A Budget Analyst in Mexico City with a master's degree education can earn an average salary of 681,900 MXN.

Average Salary by Education Chart

Bachelor's Degree-
382,600 MXN
Master's Degree+77%
681,900 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Budget Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Mexico City, a male budget analyst will earn an average of 471,700 MXN, while a female budget analyst will earn around 412,000 MXN.

This means that a male budget analyst earns approximately 14% more than a female budget analyst for performing the same job.

Average Salary by Gender Chart in Mexico City

Male-
471,700 MXN
Female-14%
412,000 MXN

Budget Analyst Average Pay Raise in Mexico City

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Budget Analyst in Mexico City is around 12% every 18 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a Budget Analyst in Mexico City can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Mexico City for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Budget Analyst Bonus and Incentive Rates in Mexico City

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Budget Analyst is a moderate bonus based job, with 54% of employees reporting at least one bonus in the last 12 months.

46% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus-
54%
No Bonus-
46%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector-
415,900 MXN
Private Sector-8%
384,200 MXN

Salaries for Jobs Similar to a Budget Analyst

In the table below, we have salary information for jobs that are similar to a Budget Analyst in Mexico City.

Job TitleCategorySalary
AML AnalystBanking615,300 MXN
ATM ManagerBanking575,100 MXN
ATM Service TechnicianBanking163,800 MXN
Assistant Bank Branch ManagerBanking514,300 MXN
Assistant Bank ManagerBanking722,100 MXN
Bank Accounts AnalystBanking243,000 MXN
Bank Accounts CollectorBanking148,300 MXN
Bank Accounts ControllerBanking307,400 MXN
Bank Accounts ExecutiveBanking428,400 MXN
Bank Accounts ManagerBanking514,800 MXN
Bank Auditing ManagerBanking499,300 MXN
Bank Branch ManagerBanking744,700 MXN
Bank Branch Operations CoordinatorBanking305,600 MXN
Bank ClerkBanking138,200 MXN
Bank Client Service AssociateBanking201,100 MXN
Bank CollectorBanking138,800 MXN
Bank Compliance SpecialistBanking394,300 MXN
Bank ManagerBanking874,500 MXN
Bank Operational Risk ManagerBanking858,400 MXN
Bank Operations HeadBanking825,900 MXN
Bank Operations OfficerBanking332,100 MXN
Bank Operations SpecialistBanking516,100 MXN
Bank Process ManagerBanking472,100 MXN
Bank Product Manager Banking548,800 MXN
Bank Programme ManagerBanking559,000 MXN
Bank Project ManagerBanking695,400 MXN
Bank Propositions ManagerBanking625,000 MXN
Bank Quantitative AnalystBanking436,200 MXN
Bank Regional ManagerBanking862,400 MXN
Bank Regional Risk OfficerBanking437,300 MXN
Bank Relationship ManagerBanking659,400 MXN
Bank Relationship OfficerBanking292,000 MXN
Bank TellerBanking154,700 MXN
BankerBanking294,700 MXN
Banking Business AnalystBanking447,300 MXN
Banking Business Development OfficerBanking273,300 MXN
Banking Business Planning ExecutiveBanking656,800 MXN
Banking Product ManagerBanking562,200 MXN
Banking Reference Data ManagerBanking467,700 MXN
Banking Risk AnalystBanking424,300 MXN
Banking Technical AnalystBanking232,900 MXN
Bankruptcy CoordinatorBanking318,800 MXN
Bill and Account CollectorBanking159,400 MXN
Capital Risk ManagerBanking855,200 MXN
Cards Marketing ManagerBanking575,100 MXN
Cash Management ManagerBanking790,600 MXN
Check Processing ManagerBanking551,200 MXN
Commercial Vault AssociateBanking417,200 MXN
Corporate BankerBanking325,900 MXN
Corporate DealerBanking437,300 MXN
Credit AnalystBanking335,800 MXN
Credit Card Fraud InvestigatorBanking436,200 MXN
Credit Portfolio ManagerBanking861,300 MXN
Credit Risk AnalystBanking501,400 MXN
Credit Risk AssociateBanking485,200 MXN
Credit and Collections ManagerBanking606,400 MXN
Direct Bank Sales RepresentativeBanking311,700 MXN
Exchange Control ConsultantBanking467,700 MXN
Executive Account AnalystBanking448,500 MXN
Financial Bank Planning ConsultantBanking553,400 MXN
Financial Banking Analysis ManagerBanking633,300 MXN
Financial Banking AssistantBanking212,500 MXN
Financial Banking Systems ManagerBanking575,100 MXN
Foreign Exchange ManagerBanking639,900 MXN
Fraud AnalystBanking460,500 MXN
Fraud Detection AssociateBanking327,300 MXN
Fraud Detection ManagerBanking656,800 MXN
Fraud Detection SupervisorBanking375,200 MXN
Internal Bank Audit ManagerBanking761,400 MXN
Internal Bank AuditorBanking420,800 MXN
Internal Private BankerBanking313,700 MXN
International Banking ManagerBanking927,000 MXN
Investment Banking AnalystBanking638,700 MXN
Loan AnalystBanking442,200 MXN
Loan Area ManagerBanking518,900 MXN
Loan Audit Team LeaderBanking485,200 MXN
Loan Branch ManagerBanking500,100 MXN
Loan Business Development OfficerBanking254,700 MXN
Loan ClerkBanking154,700 MXN
Loan Collection ManagerBanking544,800 MXN
Loan Collection and Recovery ManagerBanking510,200 MXN
Loan CollectorBanking146,200 MXN
Loan ExaminerBanking200,000 MXN
Loan OfficerBanking169,000 MXN
Loan Processing ManagerBanking466,900 MXN
Loan ProcessorBanking204,700 MXN
Loan Quality Assurance AuditorBanking426,700 MXN
Loan Quality Assurance ManagerBanking496,100 MXN
Loan Quality Assurance RepresentativeBanking341,900 MXN
Loan Review ManagerBanking489,600 MXN
Loan Team LeaderBanking454,300 MXN
Loans ManagerBanking615,000 MXN
Mortgage AdvisorBanking294,700 MXN
Mortgage Collection ManagerBanking516,100 MXN
Mortgage CollectorBanking150,000 MXN
Mortgage Credit AnalystBanking227,600 MXN
Mortgage Credit ManagerBanking498,000 MXN
Mortgage Development ManagerBanking535,900 MXN
Mortgage Document ReviewerBanking192,000 MXN
Mortgage Funding ManagerBanking587,800 MXN
Mortgage Operations ManagerBanking781,200 MXN
Mortgage Payment Processing ClerkBanking161,300 MXN
Mortgage Processing ManagerBanking489,600 MXN
Mortgage ProcessorBanking197,600 MXN
Mortgage Quality Assurance AuditorBanking437,300 MXN
Mortgage Quality Assurance ManagerBanking518,900 MXN
Mortgage Servicing ClerkBanking159,500 MXN
Mortgage Servicing ManagerBanking480,600 MXN
Mortgage UnderwriterBanking183,600 MXN
Online Banking ManagerBanking743,300 MXN
Payment Processing ClerkBanking158,700 MXN
Personal BankerBanking315,900 MXN
Personal Banking Advisor Banking325,800 MXN
Phone BankerBanking201,100 MXN
Private BankerBanking332,500 MXN
Reconciliation and Investigation SpecialistBanking353,600 MXN
Tax OfficerBanking273,000 MXN
TellerBanking146,200 MXN
Trade OfficerBanking172,200 MXN
Trade Product ManagerBanking519,300 MXN
TraderBanking225,300 MXN
Treasury Operations OfficerBanking384,500 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Acapulco568,950 MXN
Acuna428,900 MXN
Aguascalientes590,700 MXN
Boca del Rio392,500 MXN
Buenavista439,250 MXN
Campeche440,350 MXN
Cancun565,950 MXN
Celaya500,500 MXN
Chalco404,650 MXN
Chetumal394,300 MXN
Chicoloapan422,500 MXN
Chihuahua577,900 MXN
Chilpancingo417,800 MXN
Chimalhuacan566,800 MXN
Cholula de Rivadabia429,300 MXN
Ciudad Apodaca538,450 MXN
Ciudad Juarez396,300 MXN
Ciudad Lopez Mateos545,150 MXN
Ciudad Obregon497,250 MXN
Ciudad Santa Catarina471,650 MXN
Ciudad Valles368,700 MXN
Ciudad Victoria487,650 MXN
Ciudad del Carmen416,500 MXN
Coacalco478,700 MXN
Coatzacoalcos451,600 MXN
Colima378,350 MXN
Cordoba383,950 MXN
Cuautitlan Izcalli534,100 MXN
Cuautla388,450 MXN
Cuernavaca485,700 MXN
Culiacan597,250 MXN
Delicias362,250 MXN
Durango532,300 MXN
Ecatepec de Morelos602,100 MXN
Ensenada472,250 MXN
Fresnillo361,600 MXN
General Escobedo492,450 MXN
Gomez Palacio481,300 MXN
Guadalajara571,250 MXN
Guadalupe560,450 MXN
Guaymas355,050 MXN
Hermosillo566,600 MXN
Hidalgo del Parral353,000 MXN
Iguala370,700 MXN
Irapuato521,800 MXN
Ixtapaluca483,500 MXN
Jiutepec397,350 MXN
La Paz443,150 MXN
Leon562,850 MXN
Los Mochis479,200 MXN
Los Reyes la Paz469,000 MXN
Manzanillo374,500 MXN
Matamoros528,400 MXN
Mazatlan507,100 MXN
Merida542,300 MXN
Metepec431,250 MXN
Mexicali586,200 MXN
Minatitlan345,500 MXN
Monclova441,100 MXN
Monterrey584,200 MXN
Morelia559,450 MXN
Naucalpan566,450 MXN
Navojoa346,100 MXN
Nezahualcoyotl559,850 MXN
Nogales424,850 MXN
Nuevo Laredo512,700 MXN
Oaxaca463,450 MXN
Ojo de Agua449,000 MXN
Orizaba350,100 MXN
Pachuca473,100 MXN
Piedras Negras380,450 MXN
Playa del Carmen372,750 MXN
Poza Rica422,700 MXN
Puebla575,450 MXN
Puerto Vallarta433,400 MXN
Queretaro544,650 MXN
Reynosa533,700 MXN
Salamanca404,500 MXN
Saltillo573,400 MXN
San Cristobal de las Casas422,500 MXN
San Juan del Rio384,550 MXN
San Luis Potosi570,850 MXN
San Luis Rio Colorado394,900 MXN
San Nicolas de los Garza530,150 MXN
San Pablo de las Salinas428,600 MXN
San Pedro Garza Garcia363,400 MXN
Soledad de Graciano Sanchez445,800 MXN
Tampico491,850 MXN
Tapachula414,950 MXN
Tehuacan451,050 MXN
Tepic504,000 MXN
Tijuana576,650 MXN
Tlalnepantla de Baz566,900 MXN
Tlaquepaque546,800 MXN
Toluca545,450 MXN
Tonala505,800 MXN
Torreon545,350 MXN
Tuxtla Gutierrez535,600 MXN
Uruapan457,100 MXN
Veracruz518,000 MXN
Villa Nicolas Romero482,150 MXN
Villahermosa517,500 MXN
Xalapa532,450 MXN
Xico494,950 MXN
Zacatecas368,350 MXN
Zamora de Hidalgo367,300 MXN
Zapopan570,350 MXN

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