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Teller Average Salary in Mexico City 2026

How much money does a person working as Teller make in Mexico City?


Average Monthly Salary
16,900 MXN
( 202,000 MXN yearly)

LOW
8,600
MXN
AVERAGE
16,900
MXN
HIGH
26,000
MXN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Teller in Mexico City typically earns around 16,900 MXN. Salaries range from 8,600 MXN (lowest) to 26,000 MXN (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Teller salaries in Mexico City vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Teller Pay Scale and Salaries in Mexico City

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Teller in Mexico City range from 8,600 MXN (starting salary) to 26,000 MXN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 15,500 MXN, half of the professionals who work as Teller in Mexico City earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Teller in Mexico City earn less than 12,800 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 17,600 MXN while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Teller in Mexico City compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 9,890 MXN to 13,700 MXN. About 20% of salaries are below the 9,890 MXN mark, while 10% fall within the range of 13,700 MXN to 15,400 MXN. Only 5% of individuals have salaries exceeding 15,400 MXN.


Median and salary distribution Mexico City Teller

Salary Comparison by Years of Experience / Teller / Mexico City

How do experience and age affect pay?

0 - 2 Years
9,640 MXN
2 - 5 Years+31%
12,600 MXN
5 - 10 Years+40%
17,600 MXN
10 - 15 Years+20%
21,200 MXN
15 - 20 Years+9%
23,000 MXN
20+ Years+8%
24,800 MXN
Percentage increase and decrease are relative to the previous value

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Teller and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 9,640 MXN.

While someone with an experience level between two and five years is expected to earn 12,600 MXN, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 17,600 MXN, 40% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 21,200 MXN, 20% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 23,000 MXN, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 24,800 MXN, 8% more than people with fifteen to twenty years of experience.

“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level

Salary Comparison By Education / Teller / Mexico City

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Teller.

High School
11,000 MXN
Certificate or Diploma+47%
16,200 MXN
Bachelor's Degree+53%
24,900 MXN
Percentage increase and decrease are relative to the previous value

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Teller in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 11,000 MXN.


Level 2: Certificate or Diploma

At this level, the average salary becomes 16,200 MXN, 47% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 24,900 MXN, 53% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level

Salary and Compensation Comparison By Gender / Teller / Mexico City

Salary comparison by gender Mexico City Teller

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Teller in Mexico, the average difference between the salary of male and female employees is 14%.

Male
12,900 MXN
Female-12%
11,300 MXN
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage / Teller / Mexico City

How much are annual salary increments in Mexico City for individuals working as Teller? How often do employees get salary raises?

Individuals working as Teller in Mexico are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Mexico City Teller

The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

“The average salary increase in one year (12 months) in Mexico is 5%.”

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Teller / Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico City Teller

73% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 27% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
27%
No Bonus
73%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Teller / Mexico City


97 MXN per hour

The average hourly wage (pay per hour) for individuals working as Teller in Mexico City is 97 MXN.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Teller in Mexico City is 50 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Banking
AML Analyst64,100 MXN+280%
Assistant Bank Branch Manager55,700 MXN+230%
Assistant Bank Manager78,900 MXN+370%
ATM Manager65,900 MXN+290%
ATM Service Technician17,900 MXN+6%
Bank Accounts Analyst25,700 MXN+52%
Bank Accounts Collector14,800 MXN-12%
Bank Accounts Controller31,900 MXN+89%
Bank Accounts Executive46,800 MXN+180%
Bank Accounts Manager53,600 MXN+220%
Bank Auditing Manager57,100 MXN+240%
Bank Branch Manager76,900 MXN+360%
Bank Branch Operations Coordinator33,400 MXN+98%
Bank Clerk15,000 MXN-11%
Bank Client Service Associate21,200 MXN+26%
Bank Collector16,100 MXN-5%
Bank Compliance Specialist40,500 MXN+140%
Bank Manager93,000 MXN+450%
Bank Operational Risk Manager92,000 MXN+450%
Bank Operations Head97,200 MXN+480%
Bank Operations Officer36,900 MXN+120%
Bank Operations Specialist57,400 MXN+240%
Bank Process Manager50,800 MXN+200%
Bank Product Manager 61,200 MXN+260%
Bank Programme Manager60,800 MXN+260%
Bank Project Manager69,800 MXN+310%
Bank Propositions Manager65,300 MXN+290%
Bank Quantitative Analyst46,100 MXN+170%
Bank Regional Manager91,300 MXN+440%
Bank Regional Risk Officer47,000 MXN+180%
Bank Relationship Manager66,100 MXN+290%
Bank Relationship Officer32,600 MXN+93%
Bank Sustainability Analyst51,900 MXN+210%
Bank Teller16,700 MXN-1%
Banker31,500 MXN+87%
Banking Business Analyst48,400 MXN+190%
Banking Business Development Officer31,000 MXN+84%
Banking Business Planning Executive70,300 MXN+320%
Banking Data Analyst52,600 MXN+210%
Banking Product Manager60,200 MXN+260%
Banking Reference Data Manager53,800 MXN+220%
Banking Regulatory Compliance Officer58,900 MXN+250%
Banking Risk Analyst45,500 MXN+170%
Banking Technical Analyst26,500 MXN+57%
Bankruptcy Coordinator33,700 MXN+100%
Bill and Account Collector16,700 MXN-1%
Blockchain Analyst38,900 MXN+130%
Blockchain Architect49,300 MXN+190%
Blockchain Auditor43,200 MXN+160%
Blockchain Compliance Analyst44,100 MXN+160%
Blockchain Consultant45,600 MXN+170%
Blockchain Trade Facilitator41,100 MXN+140%
Budget Analyst45,300 MXN+170%
Capital Risk Manager85,800 MXN+410%
Cards Marketing Manager60,600 MXN+260%
Cash Management Manager85,700 MXN+410%
Check Processing Manager62,600 MXN+270%
Chief Blockchain Officer50,800 MXN+200%
Commercial Vault Associate46,500 MXN+180%
Corporate Banker35,300 MXN+110%
Corporate Dealer49,100 MXN+190%
Credit Analyst36,200 MXN+110%
Credit and Collections Manager62,200 MXN+270%
Credit Card Fraud Investigator47,000 MXN+180%
Credit Portfolio Manager87,400 MXN+420%
Credit Risk Analyst51,900 MXN+210%
Credit Risk Associate49,800 MXN+200%
Cryptocurrency Accountant30,600 MXN+81%
Cryptocurrency Adviser58,700 MXN+250%
Cryptocurrency Analyst43,500 MXN+160%
Cryptocurrency Compliance Manager53,300 MXN+220%
Cryptocurrency Trader47,100 MXN+180%
Digital Banking Manager64,600 MXN+280%
Digital Currency Analyst49,200 MXN+190%
Direct Bank Sales Representative35,200 MXN+110%
Exchange Control Consultant49,700 MXN+190%
Executive Account Analyst44,600 MXN+160%
Financial Bank Planning Consultant59,800 MXN+250%
Financial Banking Analysis Manager71,500 MXN+320%
Financial Banking Assistant22,900 MXN+36%
Financial Banking Systems Manager64,600 MXN+280%
Foreign Exchange Manager68,300 MXN+300%
Fraud Analyst49,200 MXN+190%
Fraud Detection Associate33,400 MXN+98%
Fraud Detection Manager73,100 MXN+330%
Fraud Detection Supervisor39,900 MXN+140%
Internal Bank Audit Manager89,700 MXN+430%
Internal Bank Auditor47,200 MXN+180%
Internal Private Banker34,700 MXN+110%
International Banking Manager98,500 MXN+480%
Investment Banking Analyst71,800 MXN+330%
Loan Analyst45,000 MXN+170%
Loan Area Manager55,900 MXN+230%
Loan Audit Team Leader52,300 MXN+210%
Loan Branch Manager51,200 MXN+200%
Loan Business Development Officer30,100 MXN+78%
Loan Clerk17,400 MXN+3%
Loan Collection and Recovery Manager57,500 MXN+240%
Loan Collection Manager58,200 MXN+250%
Loan Collector15,500 MXN-8%
Loan Examiner20,400 MXN+21%
Loan Officer17,900 MXN+6%
Loan Processing Manager49,800 MXN+200%
Loan Processor20,500 MXN+22%
Loan Quality Assurance Auditor50,400 MXN+200%
Loan Quality Assurance Manager55,400 MXN+230%
Loan Quality Assurance Representative36,500 MXN+120%
Loan Review Manager54,500 MXN+220%
Loan Team Leader48,100 MXN+190%
Loans Manager64,600 MXN+280%
Mortgage Advisor32,700 MXN+94%
Mortgage Collection Manager54,400 MXN+220%
Mortgage Collector15,000 MXN-11%
Mortgage Credit Analyst24,100 MXN+43%
Mortgage Credit Manager55,300 MXN+230%
Mortgage Development Manager62,700 MXN+270%
Mortgage Document Reviewer21,100 MXN+25%
Mortgage Funding Manager61,900 MXN+270%
Mortgage Operations Manager86,000 MXN+410%
Mortgage Payment Processing Clerk18,700 MXN+11%
Mortgage Processing Manager54,100 MXN+220%
Mortgage Processor21,000 MXN+24%
Mortgage Quality Assurance Auditor48,000 MXN+180%
Mortgage Quality Assurance Manager54,300 MXN+220%
Mortgage Servicing Clerk16,000 MXN-5%
Mortgage Servicing Manager50,200 MXN+200%
Mortgage Underwriter20,000 MXN+19%
Online Banking Manager82,700 MXN+390%
Open Banking Strategist51,700 MXN+210%
Payment Processing Clerk16,700 MXN-1%
Personal Banker33,300 MXN+97%
Personal Banking Advisor 36,600 MXN+120%
Phone Banker23,700 MXN+41%
Private Banker33,600 MXN+99%
Reconciliation and Investigation Specialist38,800 MXN+130%
Tax Officer29,000 MXN+72%
Teller16,900 MXN+0%
Trade Officer20,100 MXN+19%
Trade Product Manager56,900 MXN+240%
Trader23,500 MXN+39%
Treasury Operations Officer43,900 MXN+160%
Wealth Management Advisor72,500 MXN+330%

Salary Comparison By City

CityAverage Salary
Cancun15,200 MXN
Guadalajara16,000 MXN
Mexico City16,900 MXN

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mexico is 9% on average across all career fields.

Private Sector
32,000 MXN
Public Sector+9%
34,800 MXN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Teller in Mexico City?

A good and competitive compensation would range anywhere between 15,500 MXN and 17,600 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Teller in Mexico City ranges from 8,600 MXN to 12,800 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios.

SALARIES

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