Average Pharmacist Salary in Mexico for 2024

In this article, we will look at the average Pharmacist salary for 2024 in Mexico 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 Pharmacist Make in Mexico?

A Pharmacist working in Mexico will typically earn around 499,300 MXN per year, and this can range from the lowest average salary of about 251,500 MXN to the highest average salary of 774,200 MXN.

Average Annual Salary
499,300 MXN
Average Monthly Salary
41,608 MXN

Lowest Annual Salary
251,500 MXN
Lowest Monthly Salary
20,958 MXN

Highest Annual Salary
774,200 MXN
Highest Monthly Salary
64,516 MXN

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

Pharmacist 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 Pharmacist Salaries in Mexico

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

Salary ranges

We already know that a Pharmacist can earn between 251,500 MXN and 774,200 MXN on average in Mexico. 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 Pharmacist in Mexico is 499,300 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 499,300 MXN, and 50% of the population earn more than 499,300 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 Pharmacist salary in Mexico, 25% of the population are earning less than 335,800 MXN while 75% of the population earn more than 335,800 MXN.

75% of the population earn less than 633,300 MXN, and 25% of the population earn more than 633,300 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.

Pharmacist Salary by Experience Level in Mexico

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 pharmacist 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 Pharmacist in Mexico that has less than two years of experience can expect to earn somewhere in the region of 297,000 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmacist salary would increase to 394,500 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmacist, the average salary would be 528,600 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 633,100 MXN.
  • 15 - 20 Years Experience. A Pharmacist with 15 to 20 years of experience can earn an average of 681,900 MXN.
  • 20+ Years Experience. For a Pharmacist with more than 20 years, the expected average salary increases to 732,400 MXN.

Average Salary by Experience Chart

0-2 Years
297,000 MXN
2-5 Years +32%
394,500 MXN
5-10 Years +34%
528,600 MXN
10-15 Years +19%
633,100 MXN
15-20 Years +8%
681,900 MXN
20+ Years +7%
732,400 MXN

Pharmacist Salary by Education Level in Mexico

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 Pharmacist in Mexico 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 Pharmacist in Mexico with a bachelor's degree education can earn an average salary of 428,400 MXN.

  • Master's Degree. A Pharmacist in Mexico with a master's degree education can earn an average salary of 674,100 MXN.

Average Salary by Education Chart

Bachelor's Degree
428,400 MXN
Master's Degree +58%
674,100 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.

Pharmacist 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, a male pharmacist will earn an average of 510,200 MXN, while a female pharmacist will earn around 483,400 MXN.

This means that a male pharmacist earns approximately 6% more than a female pharmacist for performing the same job.

Average Salary by Gender Chart in Mexico

Male
510,200 MXN
Female -6%
483,400 MXN

Pharmacist Average Pay Raise in Mexico

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 Pharmacist in Mexico is around 11% 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 = ( 11 ÷ 18 ) × 12  = 7%

What this means is that a Pharmacist in Mexico can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

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%

Pharmacist Bonus and Incentive Rates in Mexico

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 Pharmacist is a moderate bonus based job, with 55% of employees reporting at least one bonus in the last 12 months.

45% 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
55%
No Bonus
45%

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 Pharmacist

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

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 340,000 MXN
Assistant Pharmacy Director Pharmaceutical and Biotechnology 637,500 MXN
Associate Medical Affairs Director Pharmaceutical and Biotechnology 899,900 MXN
Bioinformatics Scientist Pharmaceutical and Biotechnology 759,300 MXN
Bioinformatics Technician Pharmaceutical and Biotechnology 366,200 MXN
Biological Scientist Pharmaceutical and Biotechnology 800,200 MXN
Biological Technician Pharmaceutical and Biotechnology 357,700 MXN
Biomedical Engineer Pharmaceutical and Biotechnology 357,300 MXN
Biomedical Engineering Director Pharmaceutical and Biotechnology 650,700 MXN
Biostatistician Pharmaceutical and Biotechnology 548,500 MXN
Biotechnologist Pharmaceutical and Biotechnology 548,800 MXN
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 412,000 MXN
Chemical Process Technician Pharmaceutical and Biotechnology 369,300 MXN
Clinical Consultant Pharmaceutical and Biotechnology 528,600 MXN
Clinical Data Manager Pharmaceutical and Biotechnology 500,100 MXN
Clinical Data Specialist Pharmaceutical and Biotechnology 478,000 MXN
Clinical Informatics Specialist Pharmaceutical and Biotechnology 407,300 MXN
Clinical Operations Manager Pharmaceutical and Biotechnology 741,500 MXN
Clinical Pharmacist Pharmaceutical and Biotechnology 533,100 MXN
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 627,900 MXN
Clinical Programmer Pharmaceutical and Biotechnology 261,300 MXN
Clinical Project Manager Pharmaceutical and Biotechnology 478,000 MXN
Clinical Research Associate Pharmaceutical and Biotechnology 444,300 MXN
Clinical Research Manager Pharmaceutical and Biotechnology 717,900 MXN
Clinical Study Manager Pharmaceutical and Biotechnology 637,500 MXN
Compliance Specialist Pharmaceutical and Biotechnology 535,900 MXN
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 426,700 MXN
Cytotechnologist Pharmaceutical and Biotechnology 401,300 MXN
GCP Auditor Pharmaceutical and Biotechnology 436,200 MXN
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 406,300 MXN
Manufacturing Engineer Pharmaceutical and Biotechnology 433,400 MXN
Medical Affairs Director Pharmaceutical and Biotechnology 846,500 MXN
Medical Representative Pharmaceutical and Biotechnology 357,300 MXN
Medical Science Liaison Pharmaceutical and Biotechnology 563,300 MXN
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 819,000 MXN
Nuclear Pharmacist Pharmaceutical and Biotechnology 553,400 MXN
Pharmaceutical Manager Pharmaceutical and Biotechnology 861,300 MXN
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 971,200 MXN
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 861,300 MXN
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 462,300 MXN
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 572,200 MXN
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 528,600 MXN
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 563,300 MXN
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 424,900 MXN
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 602,700 MXN
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 480,600 MXN
Pharmaceutical Representative Pharmaceutical and Biotechnology 353,600 MXN
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 548,800 MXN
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 768,900 MXN
Pharmaceutical Researcher Pharmaceutical and Biotechnology 727,400 MXN
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 626,800 MXN
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 767,400 MXN
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 352,000 MXN
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 823,900 MXN
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 578,500 MXN
Pharmaceutical Technologist Pharmaceutical and Biotechnology 376,800 MXN
Pharmacy Aide Pharmaceutical and Biotechnology 327,800 MXN
Pharmacy Manager Pharmaceutical and Biotechnology 731,700 MXN
Pharmacy Stock Controller Pharmaceutical and Biotechnology 313,700 MXN
Pharmacy Technician Pharmaceutical and Biotechnology 294,700 MXN
Records Management Coordinator Pharmaceutical and Biotechnology 283,700 MXN
Shift Encapsulator Pharmaceutical and Biotechnology 297,000 MXN
Staff Pharmacist Pharmaceutical and Biotechnology 510,300 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.

City Average Salary
Acapulco 615,000 MXN
Acuna 485,300 MXN
Aguascalientes 648,200 MXN
Boca del Rio 433,800 MXN
Buenavista 466,300 MXN
Campeche 480,300 MXN
Cancun 582,700 MXN
Celaya 559,000 MXN
Chalco 430,500 MXN
Chetumal 450,300 MXN
Chicoloapan 464,400 MXN
Chihuahua 614,600 MXN
Chilpancingo 475,700 MXN
Chimalhuacan 633,300 MXN
Cholula de Rivadabia 447,300 MXN
Ciudad Apodaca 565,100 MXN
Ciudad del Carmen 451,000 MXN
Ciudad Juarez 442,300 MXN
Ciudad Lopez Mateos 592,200 MXN
Ciudad Obregon 522,700 MXN
Ciudad Santa Catarina 548,800 MXN
Ciudad Valles 436,200 MXN
Ciudad Victoria 518,900 MXN
Coacalco 519,300 MXN
Coatzacoalcos 500,100 MXN
Colima 420,100 MXN
Cordoba 431,300 MXN
Cuautitlan Izcalli 598,600 MXN
Cuautla 420,100 MXN
Cuernavaca 559,000 MXN
Culiacan 625,000 MXN
Delicias 417,100 MXN
Durango 589,400 MXN
Ecatepec de Morelos 681,900 MXN
Ensenada 556,000 MXN
Fresnillo 424,900 MXN
General Escobedo 551,200 MXN
Gomez Palacio 533,100 MXN
Guadalajara 672,600 MXN
Guadalupe 642,800 MXN
Guaymas 396,300 MXN
Hermosillo 631,200 MXN
Hidalgo del Parral 388,100 MXN
Iguala 417,100 MXN
Irapuato 589,400 MXN
Ixtapaluca 533,100 MXN
Jiutepec 437,900 MXN
La Paz 510,300 MXN
Leon 642,800 MXN
Los Mochis 513,300 MXN
Los Reyes la Paz 510,200 MXN
Manzanillo 430,500 MXN
Matamoros 565,100 MXN
Mazatlan 535,800 MXN
Merida 600,000 MXN
Metepec 483,400 MXN
Mexicali 633,100 MXN
Mexico City 683,800 MXN
Minatitlan 404,600 MXN
Monclova 472,000 MXN
Monterrey 643,400 MXN
Morelia 592,600 MXN
Naucalpan 614,600 MXN
Navojoa 394,300 MXN
Nezahualcoyotl 627,900 MXN
Nogales 498,500 MXN
Nuevo Laredo 588,500 MXN
Oaxaca 528,500 MXN
Ojo de Agua 492,700 MXN
Orizaba 384,500 MXN
Pachuca 487,600 MXN
Piedras Negras 453,200 MXN
Playa del Carmen 428,400 MXN
Poza Rica 472,100 MXN
Puebla 667,400 MXN
Puerto Vallarta 491,000 MXN
Queretaro 590,200 MXN
Reynosa 619,000 MXN
Salamanca 467,700 MXN
Saltillo 628,000 MXN
San Cristobal de las Casas 483,400 MXN
San Juan del Rio 407,100 MXN
San Luis Potosi 643,800 MXN
San Luis Rio Colorado 459,300 MXN
San Nicolas de los Garza 585,900 MXN
San Pablo de las Salinas 457,300 MXN
San Pedro Garza Garcia 388,100 MXN
Soledad de Graciano Sanchez 492,700 MXN
Tampico 535,900 MXN
Tapachula 496,100 MXN
Tehuacan 510,000 MXN
Tepic 543,200 MXN
Tijuana 658,300 MXN
Tlalnepantla de Baz 629,800 MXN
Tlaquepaque 571,300 MXN
Toluca 582,700 MXN
Tonala 544,800 MXN
Torreon 580,600 MXN
Tuxtla Gutierrez 608,500 MXN
Uruapan 520,900 MXN
Veracruz 563,300 MXN
Villa Nicolas Romero 538,600 MXN
Villahermosa 575,100 MXN
Xalapa 553,800 MXN
Xico 562,200 MXN
Zacatecas 403,100 MXN
Zamora de Hidalgo 420,800 MXN
Zapopan 627,900 MXN

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Pharmacist Salary in Mexico for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-pharmacist-salary-in-mexico/.

  • "Average Pharmacist Salary in Mexico for 2024". World Salaries, https://worldsalaries.com/average-pharmacist-salary-in-mexico/. Accessed 29 March, 2024

  • Average Pharmacist Salary in Mexico for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-pharmacist-salary-in-mexico/.