Mexico hourly wages now lower than China’s in 2013
Mexican labour: cheaper than China
But could labour in Mexico now actually be cheaper than in China? Yes, according to Carlos Capistran, an economist at Bank of America Merrill Lynch. Not only are average hourly manufacturing wages in Mexico now lower than those in China in constant dollar terms, they are 20 per cent less.
UPDATE 1-Mexico hourly wages now lower than China’s-study
2010年以来,美墨贸易已成长将近30%,达到每年5070亿美元。外国在墨西哥的直接投资,去年达到破纪录的350亿元
Wage rates are so low now that even auto companies from China — where average manufacturing wages rose to $3.60 per hour in 2016– are beginning to set up plants here.
In Mexico, $2 per hour workers make $40,000 SUVs
https://business.financialpost.com/pmn/business-pmn/in-mexico-2-per-hour-workers-make-40000-suvs
Now it is 2019:
Wages in Manufacturing in Mexico remained unchanged at 2.60 USD/Hour in September from 2.60 USD/Hour in August of 2019. Wages in Manufacturing in Mexico averaged 2.60 USD/Hour from 2007 until 2019, reaching an all time high of 3.80 USD/Hour in December of 2013 and a record low of 2 USD/Hour in January of 2017.
So in 2019, the manufacturing wages are around 500 dollar per month.
https://tradingeconomics.com/mexico/wages-in-manufacturing
2013:
In Mexico, $2 per hour workers make $40,000 SUVs
$2*8=16*22=352 ==> about 400 dollar per month.