Mexico City: Latin America’s Leading Tech Talent Hub in 2025
In recent years, Mexico City (CDMX) has emerged as the largest and fastest-growing technology labor market in Latin America. According to CBRE’s 2024 Scoring Tech Talent report, CDMX boasts approximately 300,000 tech jobs, surpassing other regional powerhouses like São Paulo and Santiago de Chile.
Unprecedented Growth in Tech Employment
CDMX’s tech workforce has expanded by 88% over the past five years, fueled by a steady pipeline of over 24,000 annual graduates in technology-related fields. This growth outpaces many U.S. cities and is supported by a strong educational infrastructure, including institutions like UNAM and IPN.
Competitive Salaries and Cost Advantages
The average annual salary for tech professionals in CDMX is $39,004, with software developers earning around $47,938. While these figures are lower than the U.S. average of $119,540, the cost-effectiveness makes CDMX an attractive destination for companies seeking quality talent at reduced costs.
Affordable Real Estate and Infrastructure
Office rents in CDMX average $23.57 per square foot, significantly lower than in major U.S. tech hubs. This affordability, combined with a 24.3% vacancy rate, offers ample opportunities for tech firms to establish or expand their presence in the city.
Regional and Global Comparisons
In Latin America, São Paulo follows CDMX with 240,227 tech jobs and a 17% growth rate over five years. Santiago de Chile has 135,601 tech jobs, growing at 15%. Despite higher salaries in these cities, CDMX’s rapid growth and cost advantages position it as a regional leader.
Globally, while the U.S. tech sector employs over 6 million people with higher average salaries, CDMX’s growth trajectory and affordability make it a compelling alternative for tech companies and professionals alike.
The Rise of Monterrey
Monterrey, another Mexican city, has experienced a 125% increase in its tech workforce over five years, now totaling 45,000 jobs. With average salaries around $37,999, Monterrey is becoming a significant player in the tech industry, highlighting Mexico’s overall growth in this sector.
Educational Excellence Fuels Talent Supply
CDMX’s educational institutions, such as UNAM and IPN, contribute significantly to the tech talent pool, producing a large number of graduates in technology fields annually. This continuous supply of skilled professionals supports the city’s expanding tech industry.
🌐 Conclusion
Mexico City’s combination of rapid tech employment growth, competitive salaries, affordable real estate, and strong educational infrastructure solidifies its position as Latin America’s leading tech talent hub in 2025. For companies and professionals seeking opportunities in the tech sector, CDMX offers a dynamic and cost-effective environment poised for continued expansion.
