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Average Quantitative Research Analyst Salary in Mexico for 2026

A quantitative research analyst in Mexico earns about 539,700 MXN a year. That's 36% above the national average of 398,300 MXN.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Mexico sit around 247,800 MXN a year, while the very top stretches to 861,300 MXN. Everything on this page is in Mexican peso (MXN, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Mexico, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a quantitative research analyst make in Mexico?

Average salary
539,700 MXN
44,975 MXN per month
Lowest reported
247,800 MXN
20,650 MXN per month
Highest reported
861,300 MXN
71,775 MXN per month

A typical quantitative research analyst working in Mexico brings home around 44,975 MXN a month before tax. Entry-level pay starts near 247,800 MXN, and the top of the ladder reaches roughly 861,300 MXN for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior quantitative research analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How quantitative research analyst pay ranges in Mexico

A good way to think about salary in Mexico is to look at the distribution rather than the headline average. Half of all quantitative research analysts in Mexico earn less than 583,000 MXN a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 375,200 MXN (the 25th percentile), and a quarter clear 780,700 MXN (the 75th percentile). The middle 50% of quantitative research analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 247,800 MXN. The highest stretch to 861,300 MXN, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

247,800
Low
583,000
Median
861,300
High
375,200
25th
780,700
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MXN

Quantitative research analyst pay by experience in Mexico

Years of experience is the single biggest lever on pay for a quantitative research analyst in Mexico, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical quantitative research analyst salary changes as you move through the career ladder.

  • 0-2 Years
    283,400 MXN
  • 2-5 Years
    +33% from previous
    377,200 MXN
  • 5-10 Years
    +48% from previous
    559,000 MXN
  • 10-15 Years
    +22% from previous
    680,100 MXN
  • 15-20 Years
    +9% from previous
    741,500 MXN
  • 20+ Years
    +8% from previous
    800,200 MXN

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 48%. That is the point at which a quantitative research analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Quantitative research analyst pay by education in Mexico

Education sits alongside experience as one of the biggest factors driving quantitative research analyst pay in Mexico. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average quantitative research analyst salary in Mexico broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    320,500 MXN
  • Master's Degree
    +57% from previous
    504,300 MXN
  • PhD
    +68% from previous
    847,000 MXN

Quantitative research analyst gender pay gap in Mexico

The gender pay gap is a stubborn feature of almost every labour market, and Mexico is no exception. Male quantitative research analysts in Mexico earn an average of 581,000 MXN a year, while female quantitative research analysts earn around 500,100 MXN. That works out to a 16% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Quantitative Research Analyst gender pay gap

14%

Men earn this much more than women on average in Mexico.

Men 581,000 MXN
Women 500,100 MXN

Pay raises for a quantitative research analyst in Mexico

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Mexico sees a raise of about 12% every 18 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Mexico, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Mexico:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Quantitative research analyst bonus rates in Mexico

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

59%

59% of quantitative research analysts in Mexico reported a bonus of some kind in the past twelve months. That makes a quantitative research analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 41% of quantitative research analysts reported no bonus at all over the same period.

Which careers pay bonuses in Mexico

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Quantitative research analyst: public vs private sector pay

Public-sector pay in Mexico is about 8% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

8%

Public-sector workers earn this much more than private-sector workers in Mexico on average.

Public sector 415,900 MXN
Private sector 384,200 MXN

Quantitative research analyst salary by city in Mexico

Quantitative research analyst pay is not even across Mexico. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Puebla
  • Zapopan
  • Mexico City
  • Monterrey
  • Guadalajara
  • Chihuahua
  • Nezahualcoyotl
  • Culiacan
  • Mexicali
  • Acapulco
LocationTypeAverageMedianRange
PueblaCity748,600 MXN810,200 MXN344,600-1,192,500 MXN
ZapopanCity748,600 MXN810,200 MXN344,600-1,192,500 MXN
Mexico CityCity748,600 MXN810,200 MXN344,600-1,192,500 MXN
MonterreyCity744,700 MXN805,900 MXN341,400-1,184,700 MXN
GuadalajaraCity724,300 MXN781,200 MXN332,100-1,149,200 MXN
ChihuahuaCity724,000 MXN781,200 MXN332,100-1,152,700 MXN
NezahualcoyotlCity719,100 MXN778,200 MXN330,900-1,141,000 MXN
CuliacanCity718,000 MXN774,200 MXN327,300-1,136,700 MXN
MexicaliCity714,600 MXN768,900 MXN327,800-1,134,500 MXN
AcapulcoCity712,100 MXN768,900 MXN327,800-1,134,500 MXN
San Luis PotosiCity707,600 MXN762,400 MXN325,600-1,122,500 MXN
QueretaroCity706,200 MXN761,400 MXN325,600-1,122,900 MXN
LeonCity705,500 MXN759,300 MXN325,800-1,120,700 MXN
Ecatepec de MorelosCity704,300 MXN758,700 MXN325,800-1,117,800 MXN
AguascalientesCity699,700 MXN754,900 MXN320,500-1,110,500 MXN
TijuanaCity699,700 MXN752,600 MXN320,500-1,109,200 MXN
SaltilloCity699,700 MXN754,900 MXN320,500-1,110,500 MXN
NaucalpanCity695,200 MXN747,400 MXN317,700-1,102,900 MXN
DurangoCity683,800 MXN741,500 MXN313,700-1,088,600 MXN
ReynosaCity681,900 MXN736,700 MXN314,500-1,083,500 MXN
GuadalupeCity677,100 MXN732,400 MXN312,400-1,074,200 MXN
TlaquepaqueCity675,200 MXN728,500 MXN312,400-1,075,700 MXN
HermosilloCity674,100 MXN725,700 MXN308,300-1,069,800 MXN
MeridaCity669,100 MXN721,600 MXN308,900-1,062,500 MXN
ChimalhuacanCity669,100 MXN721,600 MXN308,900-1,062,500 MXN
San Nicolas de los GarzaCity663,200 MXN713,900 MXN305,600-1,053,900 MXN
TorreonCity659,400 MXN709,600 MXN301,600-1,043,600 MXN
MatamorosCity650,800 MXN702,800 MXN297,000-1,032,800 MXN
CancunCity650,800 MXN701,400 MXN297,000-1,031,200 MXN
Tlalnepantla de BazCity650,700 MXN705,500 MXN301,800-1,037,600 MXN
MoreliaCity650,700 MXN705,500 MXN301,800-1,037,000 MXN
TolucaCity649,700 MXN702,800 MXN297,000-1,035,500 MXN
Cuautitlan IzcalliCity649,700 MXN704,300 MXN297,000-1,035,500 MXN
IrapuatoCity646,600 MXN698,200 MXN297,000-1,032,400 MXN
TonalaCity642,800 MXN695,400 MXN296,000-1,023,000 MXN
XicoCity637,500 MXN687,100 MXN294,700-1,009,200 MXN
TepicCity633,300 MXN683,800 MXN292,000-1,009,600 MXN
Tuxtla GutierrezCity631,200 MXN683,400 MXN292,000-1,004,500 MXN
Ciudad Lopez MateosCity631,200 MXN683,400 MXN288,700-1,004,500 MXN
XalapaCity626,800 MXN677,100 MXN286,400-995,200 MXN
Nuevo LaredoCity620,300 MXN670,600 MXN283,700-986,700 MXN
VeracruzCity619,800 MXN672,600 MXN283,700-988,600 MXN
Ciudad ObregonCity615,300 MXN667,400 MXN282,300-978,900 MXN
Ciudad ApodacaCity614,600 MXN663,100 MXN283,400-976,300 MXN
IxtapalucaCity610,100 MXN660,500 MXN283,400-974,600 MXN
CuernavacaCity607,400 MXN658,300 MXN279,400-965,800 MXN
General EscobedoCity606,400 MXN656,800 MXN279,400-964,000 MXN
Ciudad Santa CatarinaCity603,400 MXN650,700 MXN275,500-960,900 MXN
Gomez PalacioCity602,700 MXN649,700 MXN275,500-955,800 MXN
TampicoCity600,000 MXN650,800 MXN275,500-957,800 MXN
MazatlanCity596,800 MXN645,800 MXN273,000-949,600 MXN
VillahermosaCity596,800 MXN643,800 MXN273,000-948,300 MXN
CelayaCity595,300 MXN643,800 MXN273,000-948,900 MXN
Los MochisCity592,600 MXN639,100 MXN273,300-939,000 MXN
Ciudad VictoriaCity589,400 MXN637,500 MXN272,800-938,100 MXN
EnsenadaCity587,800 MXN637,500 MXN272,800-934,900 MXN
Villa Nicolas RomeroCity587,800 MXN633,300 MXN271,300-932,000 MXN
Ojo de AguaCity568,500 MXN615,700 MXN263,100-906,500 MXN
TehuacanCity566,900 MXN614,600 MXN263,200-904,700 MXN
Los Reyes la PazCity563,300 MXN608,500 MXN259,100-899,100 MXN
CoacalcoCity563,000 MXN606,400 MXN259,100-895,900 MXN
AcunaCity559,000 MXN605,700 MXN257,700-890,100 MXN
Puerto VallartaCity559,000 MXN602,700 MXN258,400-885,000 MXN
UruapanCity559,000 MXN605,700 MXN257,700-889,400 MXN
MonclovaCity559,000 MXN605,700 MXN257,700-890,100 MXN
La PazCity555,800 MXN598,600 MXN254,800-882,400 MXN
TapachulaCity548,800 MXN592,600 MXN253,400-869,400 MXN
CampecheCity548,800 MXN590,200 MXN253,400-868,400 MXN
OaxacaCity547,800 MXN592,600 MXN252,300-874,500 MXN
PachucaCity545,300 MXN589,400 MXN249,600-866,900 MXN
Soledad de Graciano SanchezCity535,900 MXN580,600 MXN246,500-854,300 MXN
MetepecCity531,700 MXN574,200 MXN245,300-847,000 MXN
CoatzacoalcosCity528,500 MXN568,500 MXN240,500-838,100 MXN
Cholula de RivadabiaCity524,400 MXN562,600 MXN239,000-830,500 MXN
BuenavistaCity522,700 MXN562,200 MXN238,900-825,900 MXN
San Pablo de las SalinasCity522,700 MXN563,000 MXN239,000-828,400 MXN
JiutepecCity520,900 MXN562,600 MXN239,000-829,000 MXN
SalamancaCity518,900 MXN562,200 MXN238,900-825,900 MXN
NogalesCity518,900 MXN559,000 MXN238,900-824,800 MXN
ChicoloapanCity518,900 MXN562,200 MXN238,900-824,800 MXN
ChalcoCity507,300 MXN548,500 MXN233,600-808,000 MXN
Poza RicaCity504,500 MXN548,800 MXN232,400-803,400 MXN
San Cristobal de las CasasCity504,300 MXN543,200 MXN232,900-802,400 MXN
ChilpancingoCity501,400 MXN544,800 MXN232,900-799,300 MXN
Piedras NegrasCity492,700 MXN533,000 MXN227,600-785,400 MXN
Ciudad JuarezCity492,400 MXN533,100 MXN228,500-781,200 MXN
Ciudad del CarmenCity491,000 MXN529,600 MXN225,300-780,700 MXN
CordobaCity487,600 MXN524,300 MXN225,700-772,900 MXN
Ciudad VallesCity485,200 MXN524,300 MXN221,500-774,200 MXN
ChetumalCity485,200 MXN524,300 MXN221,500-774,200 MXN
San Luis Rio ColoradoCity472,100 MXN513,300 MXN217,900-752,600 MXN
DeliciasCity472,100 MXN510,000 MXN216,800-747,400 MXN
CuautlaCity472,000 MXN510,200 MXN216,800-751,700 MXN
ManzanilloCity472,000 MXN510,200 MXN216,800-751,700 MXN
Playa del CarmenCity467,100 MXN504,300 MXN214,000-743,100 MXN
Zamora de HidalgoCity467,100 MXN504,300 MXN214,000-744,700 MXN
San Pedro Garza GarciaCity466,300 MXN502,200 MXN212,500-739,500 MXN
Boca del RioCity462,300 MXN498,000 MXN210,500-735,500 MXN
San Juan del RioCity459,700 MXN496,100 MXN209,500-727,100 MXN
ZacatecasCity459,300 MXN498,500 MXN209,500-731,700 MXN
ColimaCity459,300 MXN498,500 MXN209,500-731,700 MXN
OrizabaCity453,200 MXN489,600 MXN207,700-719,100 MXN
Hidalgo del ParralCity450,300 MXN487,600 MXN207,700-717,900 MXN
FresnilloCity444,300 MXN480,300 MXN204,000-707,700 MXN
GuaymasCity440,200 MXN478,100 MXN204,700-702,800 MXN
MinatitlanCity436,200 MXN472,000 MXN201,100-694,700 MXN
IgualaCity431,300 MXN466,900 MXN197,600-688,900 MXN
NavojoaCity421,400 MXN454,300 MXN191,600-669,100 MXN


Quantitative Research Analyst in Mexico: FAQs

  • How much does a quantitative research analyst make per month in Mexico?

    A quantitative research analyst in Mexico earns about 44,975 MXN a month before tax, based on an annual average of 539,700 MXN.

  • What's the salary range for a quantitative research analyst in Mexico?

    Entry-level quantitative research analysts in Mexico start near 247,800 MXN. Top-end pay reaches around 861,300 MXN. The middle 50% of earners sit between 375,200 and 780,700 MXN.

  • Is the median quantitative research analyst salary in Mexico higher or lower than the average?

    The median is 583,000 MXN, higher than the average of 539,700 MXN. Half of quantitative research analysts in Mexico earn below the median, half earn above it.

  • What's the gender pay gap for quantitative research analysts in Mexico?

    Men working as a quantitative research analyst in Mexico earn around 16% more than women on average (581,000 vs 500,100 MXN a year).

  • Do quantitative research analysts in Mexico get bonuses?

    About 59% of quantitative research analysts in Mexico reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do quantitative research analysts earn more in the public or private sector in Mexico?

    In Mexico, the public sector pays a quantitative research analyst about 8% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do quantitative research analysts in Mexico get a pay raise?

    A quantitative research analyst in Mexico sees a raise of around 12% every 18 months, equivalent to roughly 8% a year.